Rathbones Group PLC Reduces Stock Holdings in Caterpillar Inc. $CAT

Rathbones Group PLC lowered its position in Caterpillar Inc. (NYSE:CAT) by 13.3% in the fourth quarter, HoldingsChannel reports. The firm owned 172,709 shares of the industrial products company’s stock after selling 26,402 shares during the period. Rathbones Group PLC’s holdings in Caterpillar were worth $98,940,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Reliant Investment Partners LLC grew its holdings in shares of Caterpillar by 13.9% in the fourth quarter. Reliant Investment Partners LLC now owns 1,863 shares of the industrial products company’s stock valued at $1,067,000 after purchasing an additional 227 shares during the period. BlueStem Wealth Partners LLC grew its holdings in shares of Caterpillar by 1.3% in the fourth quarter. BlueStem Wealth Partners LLC now owns 1,192 shares of the industrial products company’s stock valued at $683,000 after purchasing an additional 15 shares during the period. IFP Advisors Inc grew its holdings in shares of Caterpillar by 9.4% in the fourth quarter. IFP Advisors Inc now owns 17,117 shares of the industrial products company’s stock valued at $9,806,000 after purchasing an additional 1,466 shares during the period. Adell Harriman & Carpenter Inc. grew its holdings in shares of Caterpillar by 33.9% in the fourth quarter. Adell Harriman & Carpenter Inc. now owns 3,031 shares of the industrial products company’s stock valued at $1,736,000 after purchasing an additional 767 shares during the period. Finally, Cullen Frost Bankers Inc. grew its holdings in shares of Caterpillar by 3.3% in the fourth quarter. Cullen Frost Bankers Inc. now owns 10,195 shares of the industrial products company’s stock valued at $5,841,000 after purchasing an additional 323 shares during the period. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Zacks Research raised multiple Caterpillar earnings forecasts across 2026, 2027 and 2028, signaling stronger expected profitability and supporting a higher valuation for the stock.
• Positive Sentiment: Analysts also increased Caterpillar’s long-term fair value and price targets, reflecting improving growth expectations and suggesting Wall Street sees more upside than before.
• Positive Sentiment: Jim Cramer said Caterpillar is “integral to data center construction,” highlighting a new demand driver tied to AI infrastructure buildout, which could broaden the company’s growth narrative. Article Title
• Positive Sentiment: The company’s “Building Beyond” internship coverage spotlighted Caterpillar’s use of new AI, reinforcing investor interest in its technology and workforce development efforts. Article Title
• Neutral Sentiment: Caterpillar was mentioned in several stock-screening and watchlist articles for industrial, mining, and construction names, which adds visibility but does not by itself change fundamentals.
• Negative Sentiment: One story noted concerns around workforce and tariff issues at a Caterpillar-related facility, which could be a mild headwind if trade or labor costs intensify. Article Title

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on CAT shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Caterpillar in a research note on Friday, May 8th. Williams Trading set a $825.00 target price on shares of Caterpillar in a research note on Tuesday, March 10th. Evercore reaffirmed an “outperform” rating and set a $1,103.00 target price on shares of Caterpillar in a research note on Monday, May 11th. Wolfe Research increased their target price on shares of Caterpillar from $670.00 to $750.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 31st. Finally, Citigroup increased their target price on shares of Caterpillar from $905.00 to $1,020.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Sixteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $923.14.

Insider Transactions at Caterpillar

In related news, insider Anthony D. Fassino sold 16,283 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $916.80, for a total value of $14,928,254.40. Following the sale, the insider owned 46,041 shares of the company’s stock, valued at $42,210,388.80. This trade represents a 26.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Andrew R. J. Bonfield sold 15,674 shares of the firm’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $918.71, for a total transaction of $14,399,860.54. Following the completion of the sale, the chief financial officer directly owned 52,935 shares in the company, valued at approximately $48,631,913.85. This trade represents a 22.85% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 100,551 shares of company stock valued at $91,170,351 over the last quarter. Insiders own 0.33% of the company’s stock.

Caterpillar Trading Up 1.6%

NYSE CAT opened at $873.91 on Thursday. The firm has a 50 day simple moving average of $785.30 and a 200-day simple moving average of $687.48. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.81 and a current ratio of 1.35. Caterpillar Inc. has a one year low of $336.24 and a one year high of $931.35. The firm has a market cap of $402.52 billion, a price-to-earnings ratio of 43.50, a PEG ratio of 1.70 and a beta of 1.63.

Caterpillar (NYSE:CAT) last posted its quarterly earnings data on Thursday, April 30th. The industrial products company reported $5.54 EPS for the quarter, beating the consensus estimate of $4.65 by $0.89. Caterpillar had a net margin of 13.33% and a return on equity of 48.21%. The business had revenue of $17.42 billion during the quarter, compared to analyst estimates of $16.53 billion. During the same quarter last year, the firm posted $4.25 earnings per share. The business’s revenue for the quarter was up 22.2% compared to the same quarter last year. Equities research analysts anticipate that Caterpillar Inc. will post 24.67 EPS for the current fiscal year.

Caterpillar Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 19th. Investors of record on Monday, April 20th were issued a $1.51 dividend. The ex-dividend date of this dividend was Monday, April 20th. This represents a $6.04 annualized dividend and a yield of 0.7%. Caterpillar’s dividend payout ratio (DPR) is 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.