HB Wealth Management LLC Has $21.28 Million Position in Caterpillar Inc. $CAT

HB Wealth Management LLC increased its holdings in Caterpillar Inc. (NYSE:CAT) by 7.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 44,595 shares of the industrial products company’s stock after purchasing an additional 3,154 shares during the period. HB Wealth Management LLC’s holdings in Caterpillar were worth $21,279,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Kilter Group LLC bought a new position in shares of Caterpillar during the 2nd quarter worth approximately $27,000. Mid American Wealth Advisory Group Inc. acquired a new position in Caterpillar during the second quarter worth $28,000. Family Legacy Financial Solutions LLC bought a new position in shares of Caterpillar during the second quarter valued at $32,000. RiverPark Advisors LLC acquired a new stake in shares of Caterpillar in the 2nd quarter valued at $32,000. Finally, Harbor Asset Planning Inc. bought a new stake in shares of Caterpillar in the 2nd quarter worth about $34,000. 70.98% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Robert W. Baird lifted their price target on shares of Caterpillar from $612.00 to $680.00 and gave the company an “outperform” rating in a report on Thursday, October 30th. Evercore ISI lifted their target price on shares of Caterpillar from $476.00 to $630.00 and gave the company an “outperform” rating in a research note on Monday, November 17th. Erste Group Bank upgraded Caterpillar from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. Royal Bank Of Canada assumed coverage on Caterpillar in a report on Wednesday, October 22nd. They set a “sector perform” rating and a $560.00 price target for the company. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Caterpillar in a research note on Monday, December 29th. Three analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $618.70.

Insider Activity

In related news, insider Jason Kaiser sold 10,707 shares of the company’s stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $563.60, for a total transaction of $6,034,465.20. Following the sale, the insider owned 8,649 shares in the company, valued at approximately $4,874,576.40. This represents a 55.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Anthony D. Fassino sold 8,184 shares of the stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $570.18, for a total value of $4,666,353.12. Following the transaction, the insider directly owned 41,512 shares of the company’s stock, valued at $23,669,312.16. This trade represents a 16.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 71,895 shares of company stock worth $39,758,116. 0.33% of the stock is currently owned by company insiders.

Key Stories Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Launched “Cat AI Assistant” at CES — an operator‑facing AI that integrates equipment data, diagnostics and workflow tools. The product positions Caterpillar to monetize software and services on top of its hardware fleet, supporting higher recurring revenue expectations. Caterpillar Introduces Cat AI Assistant
• Positive Sentiment: Expanded collaboration with NVIDIA to accelerate “physical AI” and robotics across machines, factories and supply chains — this can speed product development and create differentiation vs. peers, supporting a higher valuation multiple for growth in autonomy and software. Caterpillar Teams With NVIDIA to Revolutionize Heavy Industry with Physical AI and Robotics
• Positive Sentiment: Committed $25 million toward a global innovation prize and workforce development tied to its AI/autonomy push — a signal management expects a multi‑year shift in skill needs and is investing to capture the long‑term market. Caterpillar Launches AI Assistant, Commits $25M Toward Global Innovation Prize
• Positive Sentiment: Unusually large call‑option volume with heavy call buying (31,623 calls, ~62% above typical) suggests traders are betting on further upside or short covering, which can amplify intraday gains. Caterpillar Sees Unusually Large Options Volume (NYSE:CAT)
• Neutral Sentiment: CEO Joe Creed was elected chairman as longtime executive D. James Umpleby III will retire April 1; management continuity is intact but investors will monitor any governance impacts. Caterpillar Chief Executive Officer Joe Creed Elected Chairman of the Board
• Neutral Sentiment: Caterpillar presented prepared CES remarks and demos (transcript/coverage available) — useful for modeling product roadmap and timelines but not an immediate revenue guide. Caterpillar Inc. (CAT) Presents at CES Las Vegas Prepared Remarks Transcript
• Negative Sentiment: Insider sale: director Andrew Bonfield sold 10,000 shares — a small transaction relative to the float but sometimes perceived negatively by investors who watch insider activity. Andrew Bonfield Sells 10,000 Shares of Caterpillar (NYSE:CAT) Stock

Caterpillar Stock Down 4.2%

Shares of Caterpillar stock opened at $596.64 on Thursday. The firm has a market cap of $279.22 billion, a PE ratio of 30.63, a P/E/G ratio of 2.46 and a beta of 1.57. The business’s 50 day simple moving average is $577.99 and its 200 day simple moving average is $490.53. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.86 and a current ratio of 1.38. Caterpillar Inc. has a 52-week low of $267.30 and a 52-week high of $627.50.

Caterpillar (NYSE:CAT) last issued its quarterly earnings results on Monday, November 3rd. The industrial products company reported $4.95 earnings per share for the quarter, topping the consensus estimate of $4.52 by $0.43. Caterpillar had a net margin of 14.34% and a return on equity of 47.16%. The company had revenue of $17.64 billion during the quarter, compared to analysts’ expectations of $16.72 billion. During the same period last year, the business earned $5.17 EPS. The business’s quarterly revenue was up 9.5% on a year-over-year basis. On average, analysts predict that Caterpillar Inc. will post 19.86 earnings per share for the current fiscal year.

Caterpillar Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 19th. Shareholders of record on Tuesday, January 20th will be paid a $1.51 dividend. This represents a $6.04 annualized dividend and a yield of 1.0%. The ex-dividend date is Tuesday, January 20th. Caterpillar’s payout ratio is presently 31.01%.

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.