Greenwood Gearhart Inc. Sells 1,976 Shares of Caterpillar Inc. $CAT

Greenwood Gearhart Inc. lessened its stake in shares of Caterpillar Inc. (NYSE:CAT) by 5.5% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 34,136 shares of the industrial products company’s stock after selling 1,976 shares during the period. Caterpillar accounts for about 1.1% of Greenwood Gearhart Inc.’s investment portfolio, making the stock its 29th biggest holding. Greenwood Gearhart Inc.’s holdings in Caterpillar were worth $19,555,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. Dogwood Wealth Management LLC grew its holdings in Caterpillar by 69.1% during the fourth quarter. Dogwood Wealth Management LLC now owns 93 shares of the industrial products company’s stock valued at $53,000 after purchasing an additional 38 shares during the period. NWM Advisors LLC bought a new stake in Caterpillar during the fourth quarter valued at about $230,000. Bensler LLC grew its holdings in Caterpillar by 7.4% during the fourth quarter. Bensler LLC now owns 1,861 shares of the industrial products company’s stock valued at $1,066,000 after purchasing an additional 128 shares during the period. EWA LLC grew its holdings in Caterpillar by 10.2% during the fourth quarter. EWA LLC now owns 894 shares of the industrial products company’s stock valued at $512,000 after purchasing an additional 83 shares during the period. Finally, Northern Capital Management Inc. bought a new stake in Caterpillar during the fourth quarter valued at about $233,000. Institutional investors own 70.98% of the company’s stock.

Key Stories Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar’s latest quarterly results were stronger than expected, with EPS and revenue both topping estimates and construction equipment revenue rising sharply, reinforcing the case for solid demand and backlog strength. Caterpillar Reports 38% Boost to Construction Equipment Revenue for Q1 2026
• Positive Sentiment: Several analysts raised price targets on CAT after the better-than-expected quarter, including Argus and HSBC, which is helping support bullish sentiment around the stock. Argus Raises Caterpillar Price Target HSBC Raises Caterpillar Price Target
• Positive Sentiment: Media coverage continues to frame Caterpillar as a beneficiary of AI and data-center power demand, broadening the company’s growth narrative beyond traditional construction and mining markets. Industrial-Strength Rally: Why Caterpillar Is Up 53%…
• Positive Sentiment: Recent commentary points to very long equipment lead times, which suggests sustained demand and potential pricing power ahead. Archrock reaffirms outlook as Caterpillar lead times near 160
• Positive Sentiment: Caterpillar also opened registration for a global innovation challenge, signaling continued investment in workforce development and technology, though this is more of a longer-term strategic positive than an immediate stock driver. Caterpillar Opens Registration for Global Innovation Challenge
• Neutral Sentiment: Some firms raised targets while keeping Neutral ratings, suggesting Wall Street sees upside, but also believes a lot of good news may already be reflected in the stock after its big run. DA Davidson Raises Caterpillar Target Following Better-Than-Expected Quarter
• Neutral Sentiment: Heavy media attention and elevated trading interest may be adding volatility, but these factors do not change Caterpillar’s underlying business fundamentals. Do Options Traders Know Something About Caterpillar Stock?
• Negative Sentiment: Multiple insiders, including the CFO, disclosed sizable stock sales, which can weigh on sentiment and raise concerns about whether the recent rally is prompting profit-taking. CFO insider sale SEC filing Insider sale (Shurman) SEC filing

Insider Activity at Caterpillar

In related news, insider Rodney Michael Shurman sold 5,639 shares of the stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $903.18, for a total transaction of $5,093,032.02. Following the completion of the transaction, the insider directly owned 2,546 shares of the company’s stock, valued at approximately $2,299,496.28. This represents a 68.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Anthony D. Fassino sold 9,152 shares of the stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $926.25, for a total value of $8,477,040.00. Following the transaction, the insider directly owned 46,041 shares of the company’s stock, valued at approximately $42,645,476.25. The trade was a 16.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 75,734 shares of company stock valued at $67,054,613 in the last 90 days. 0.33% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms have issued reports on CAT. Oppenheimer set a $980.00 price target on Caterpillar and gave the company an “outperform” rating in a report on Friday, May 1st. Morgan Stanley set a $915.00 target price on Caterpillar and gave the stock an “equal weight” rating in a research report on Friday, May 1st. Williams Trading set a $825.00 target price on Caterpillar in a research report on Tuesday, March 10th. Royal Bank Of Canada increased their target price on Caterpillar from $587.00 to $658.00 and gave the stock a “sector perform” rating in a research report on Friday, January 30th. Finally, Wells Fargo & Company increased their target price on Caterpillar from $960.00 to $1,050.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Sixteen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, Caterpillar has an average rating of “Moderate Buy” and a consensus target price of $890.27.

Caterpillar Stock Performance

NYSE:CAT opened at $896.14 on Friday. The company has a current ratio of 1.35, a quick ratio of 0.81 and a debt-to-equity ratio of 1.64. Caterpillar Inc. has a 12-month low of $323.31 and a 12-month high of $931.35. The stock has a 50-day moving average price of $755.75 and a 200 day moving average price of $664.91. The stock has a market capitalization of $412.75 billion, a P/E ratio of 44.61, a P/E/G ratio of 1.80 and a beta of 1.63.

Caterpillar (NYSE:CAT) last released its earnings results on Thursday, April 30th. The industrial products company reported $5.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.65 by $0.89. Caterpillar had a return on equity of 48.21% and a net margin of 13.33%.The firm had revenue of $17.42 billion during the quarter, compared to analysts’ expectations of $16.53 billion. During the same quarter last year, the business posted $4.25 earnings per share. The firm’s revenue was up 22.2% on a year-over-year basis. Equities research analysts forecast that Caterpillar Inc. will post 24.21 EPS for the current fiscal year.

Caterpillar Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 19th. Investors of record on Monday, April 20th will be paid a dividend of $1.51 per share. The ex-dividend date of this dividend is Monday, April 20th. This represents a $6.04 dividend on an annualized basis and a yield of 0.7%. Caterpillar’s dividend payout ratio is presently 30.06%.

Caterpillar Company Profile

Caterpillar Inc is a global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and locomotives. The company’s product portfolio includes earthmoving machines such as excavators, bulldozers, wheel loaders and off‑highway trucks, as well as a range of power generation products including generator sets and power systems for industrial and commercial use. Caterpillar serves customers across heavy construction, mining, energy, transportation and related industries with both equipment and integrated technology solutions.

In addition to manufacturing, Caterpillar provides a broad range of aftermarket parts and support services, including maintenance, repair, remanufacturing and fleet management tools.