Caterpillar Inc. $CAT Shares Acquired by IFM Investors Pty Ltd

IFM Investors Pty Ltd grew its stake in Caterpillar Inc. (NYSE:CAT) by 3.6% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 95,156 shares of the industrial products company’s stock after purchasing an additional 3,269 shares during the quarter. Caterpillar makes up approximately 0.6% of IFM Investors Pty Ltd’s holdings, making the stock its 27th biggest holding. IFM Investors Pty Ltd’s holdings in Caterpillar were worth $67,414,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Axxcess Wealth Management LLC lifted its stake in Caterpillar by 2.8% during the fourth quarter. Axxcess Wealth Management LLC now owns 22,420 shares of the industrial products company’s stock worth $12,844,000 after purchasing an additional 604 shares during the last quarter. Juno Financial Group LLC acquired a new position in shares of Caterpillar in the 4th quarter valued at about $877,000. ARK Investment Management LLC grew its position in shares of Caterpillar by 11.7% during the 3rd quarter. ARK Investment Management LLC now owns 31,144 shares of the industrial products company’s stock valued at $14,860,000 after buying an additional 3,268 shares during the last quarter. Gotham Asset Management LLC lifted its holdings in Caterpillar by 19.1% in the third quarter. Gotham Asset Management LLC now owns 116,589 shares of the industrial products company’s stock worth $55,630,000 after acquiring an additional 18,676 shares during the last quarter. Finally, Cornerstone Planning LLC acquired a new position in Caterpillar in the fourth quarter valued at approximately $4,517,000. 70.98% of the stock is currently owned by institutional investors and hedge funds.

Caterpillar Trading Up 3.0%

Shares of CAT stock opened at $1,063.84 on Wednesday. The stock has a 50-day simple moving average of $908.01 and a 200 day simple moving average of $762.47. The stock has a market capitalization of $489.99 billion, a P/E ratio of 52.95, a P/E/G ratio of 2.04 and a beta of 1.59. Caterpillar Inc. has a fifty-two week low of $384.25 and a fifty-two week high of $1,073.46. 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 issued its quarterly earnings results on Thursday, April 30th. The industrial products company reported $5.54 EPS for the quarter, topping 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 firm had revenue of $17.41 billion for the quarter, compared to analysts’ expectations of $16.53 billion. During the same period in the previous year, the business earned $4.25 earnings per share. Caterpillar’s revenue for the quarter was up 22.2% compared to the same quarter last year. On average, sell-side analysts expect that Caterpillar Inc. will post 24.66 earnings per share for the current fiscal year.

Caterpillar Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Monday, July 20th will be issued a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Monday, July 20th. This is an increase from Caterpillar’s previous quarterly dividend of $1.51. Caterpillar’s payout ratio is presently 30.06%.

Insider Buying and Selling at Caterpillar

In other news, insider Lange Bob De sold 24,222 shares of the stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $922.92, for a total transaction of $22,354,968.24. Following the completion of the sale, the insider owned 86,029 shares in the company, valued at approximately $79,397,884.68. This represents a 21.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Denise C. Johnson sold 12,605 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $907.91, for a total value of $11,444,205.55. Following the sale, the insider directly owned 49,825 shares of the company’s stock, valued at approximately $45,236,615.75. This represents a 20.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 95,773 shares of company stock valued at $87,642,635. Corporate insiders own 0.33% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on CAT. Wells Fargo & Company raised their price target on Caterpillar from $1,050.00 to $1,155.00 and gave the stock an “overweight” rating in a report on Tuesday, June 23rd. Citigroup increased their target price on Caterpillar from $905.00 to $1,020.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Rothschild & Co Redburn boosted their price target on shares of Caterpillar from $700.00 to $950.00 and gave the company a “neutral” rating in a report on Thursday, May 14th. Jefferies Financial Group upped their price target on shares of Caterpillar from $900.00 to $1,045.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Finally, Truist Financial set a $1,043.00 price objective on shares of Caterpillar in a report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $941.45.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Zacks Research raised its Q3 EPS estimate for Caterpillar, reinforcing expectations that the company can keep delivering strong earnings momentum. Q3 EPS Estimates for Caterpillar Raised by Zacks Research
• Positive Sentiment: Recent commentary has highlighted Caterpillar as a beneficiary of the AI infrastructure buildout, helping push the stock’s valuation higher as investors look for industrial winners tied to data-center and power demand. Caterpillar (CAT) Hits Unprecedented Valuation Amid AI Infrastructure Surge
• Positive Sentiment: Market coverage and analyst discussion have continued to frame CAT as a durable industrial name with solid dividend characteristics and attractive long-term demand trends. The Big 3: CAT, SPCX, JPM
• Neutral Sentiment: Industry roundups note that construction and mining equipment stocks are facing sector headwinds overall, but Caterpillar is still viewed as one of the stronger names in the group. 3 Construction & Mining Equipment Stocks Braving Industry Headwinds
• Negative Sentiment: Michael Burry disclosed that he is shorting Caterpillar for the first time, a bearish signal that could pressure sentiment by suggesting he thinks the stock has run too far too fast. Michael Burry says he’s shorting Caterpillar for the first time after it nearly doubled in the AI-driven rally of 2026

About Caterpillar

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.