Wick Capital Partners LLC Takes Position in Caterpillar Inc. $CAT

Wick Capital Partners LLC acquired a new position in shares of Caterpillar Inc. (NYSE:CAT) in the fourth quarter, Holdings Channel reports. The fund acquired 3,282 shares of the industrial products company’s stock, valued at approximately $1,880,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in CAT. Juno Financial Group LLC acquired a new stake in Caterpillar during the 4th quarter valued at $877,000. ARK Investment Management LLC increased its holdings in shares of Caterpillar by 11.7% in the third quarter. ARK Investment Management LLC now owns 31,144 shares of the industrial products company’s stock valued at $14,860,000 after purchasing an additional 3,268 shares during the last quarter. Gotham Asset Management LLC increased its holdings in shares of Caterpillar by 19.1% in the third quarter. Gotham Asset Management LLC now owns 116,589 shares of the industrial products company’s stock valued at $55,630,000 after purchasing an additional 18,676 shares during the last quarter. Ticino Wealth bought a new position in shares of Caterpillar in the fourth quarter valued at about $2,488,000. Finally, SevenBridge Financial Group LLC lifted its stake in shares of Caterpillar by 17.6% during the 3rd quarter. SevenBridge Financial Group LLC now owns 12,321 shares of the industrial products company’s stock worth $5,879,000 after buying an additional 1,840 shares during the last quarter. Institutional investors own 70.98% of the company’s stock.

Insider Buying and Selling

In other Caterpillar news, insider Jason Kaiser sold 5,642 shares of the stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $883.03, for a total transaction of $4,982,055.26. Following the sale, the insider directly owned 9,594 shares in the company, valued at $8,471,789.82. This represents a 37.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Denise C. Johnson sold 12,605 shares of the firm’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $907.91, for a total transaction of $11,444,205.55. Following the completion of the transaction, the insider directly owned 49,825 shares in the company, valued at approximately $45,236,615.75. This represents a 20.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 95,773 shares of company stock valued at $87,642,635 in the last ninety days. Insiders own 0.33% of the company’s stock.

Wall Street Analyst Weigh In

CAT has been the topic of a number of research reports. JPMorgan Chase & Co. upped their price target on shares of Caterpillar from $1,125.00 to $1,165.00 and gave the company an “overweight” rating in a research note on Wednesday. Bank of America boosted their price objective on Caterpillar from $930.00 to $989.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Wolfe Research upped their target price on Caterpillar from $670.00 to $750.00 and gave the company an “outperform” rating in a research report on Tuesday, March 31st. Sanford C. Bernstein increased their target price on Caterpillar from $769.00 to $879.00 and gave the stock a “market perform” rating in a research note on Friday, May 1st. Finally, UBS Group restated a “neutral” rating and issued a $900.00 price target on shares of Caterpillar in a research note on Tuesday, June 2nd. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $935.09.

Caterpillar Stock Performance

Shares of NYSE:CAT opened at $987.79 on Friday. Caterpillar Inc. has a 12-month low of $357.73 and a 12-month high of $994.49. The company’s 50 day moving average price is $870.74 and its two-hundred day moving average price is $738.63. The firm has a market cap of $454.97 billion, a PE ratio of 49.17, a PEG ratio of 1.89 and a beta of 1.59. The company has a quick ratio of 0.81, a current ratio of 1.35 and a debt-to-equity ratio of 1.64.

Caterpillar (NYSE:CAT) last released its quarterly earnings results on Thursday, April 30th. The industrial products company reported $5.54 earnings per share for the quarter, beating analysts’ consensus estimates of $4.65 by $0.89. The company had revenue of $17.41 billion during the quarter, compared to the consensus estimate of $16.53 billion. Caterpillar had a net margin of 13.33% and a return on equity of 48.21%. The firm’s quarterly revenue was up 22.2% on a year-over-year basis. During the same period in the previous year, the business earned $4.25 earnings per share. Equities research analysts predict that Caterpillar Inc. will post 24.62 earnings per share for the current year.

Caterpillar Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Monday, July 20th will be issued a dividend of $1.63 per share. This is an increase from Caterpillar’s previous quarterly dividend of $1.51. The ex-dividend date of this dividend is Monday, July 20th. This represents a $6.52 annualized dividend and a dividend yield of 0.7%. Caterpillar’s payout ratio is currently 30.06%.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: JPMorgan raised its price target on Caterpillar to $1,165 from $1,125 and reiterated an overweight rating, reinforcing a bullish analyst outlook for the stock.
• Positive Sentiment: Analysts currently view Caterpillar as a “Moderate Buy,” suggesting Wall Street remains constructive on the company’s earnings and growth prospects.
• Positive Sentiment: Several writeups highlight Caterpillar as a blue-chip name benefiting from strong market momentum, with the stock featured among top industrial and Dow stocks to watch.
• Positive Sentiment: Investor interest is also being supported by Caterpillar’s recent dividend hike, which signals confidence in cash flow and capital returns.
• Positive Sentiment: Commentary around Caterpillar’s growing power generation business and its exposure to AI data-center infrastructure is improving the long-term growth story. Article: Caterpillar (CAT) Is Recasting Its Growth Story With A $63 Billion AI Backlog
• Neutral Sentiment: Some articles are simply repeating recent market strength and record-high Dow leadership, which supports sentiment but does not add new company-specific information.
• Negative Sentiment: One article references a legal/political dispute over the SEC’s Consolidated Audit Trail, but this appears to concern the CAT data system rather than Caterpillar Inc., so it is not a meaningful fundamental driver for the stock.

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.