Atria Investments Inc Sells 5,402 Shares of Caterpillar Inc. $CAT

Atria Investments Inc cut its position in shares of Caterpillar Inc. (NYSE:CAT) by 22.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,935 shares of the industrial products company’s stock after selling 5,402 shares during the quarter. Atria Investments Inc’s holdings in Caterpillar were worth $9,035,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of CAT. Kilter Group LLC acquired a new position in shares of Caterpillar in the second quarter valued at $27,000. Mid American Wealth Advisory Group Inc. acquired a new position in shares of Caterpillar in the 2nd quarter valued at $28,000. Marquette Asset Management LLC lifted its holdings in shares of Caterpillar by 1,060.0% during the 3rd quarter. Marquette Asset Management LLC now owns 58 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 53 shares during the period. RiverPark Advisors LLC acquired a new stake in shares of Caterpillar during the 2nd quarter valued at about $32,000. Finally, Joseph Group Capital Management bought a new stake in Caterpillar in the third quarter valued at about $32,000. Institutional investors own 70.98% of the company’s stock.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Multiple analyst upgrades and higher price targets lift the outlook — Bank of America raised its CAT target to $825 and Argus boosted its target to $820 with a buy rating, supporting upside vs. peers. Bank of America Raises CAT Price Target Argus Raises Target
• Positive Sentiment: Press and research lift the narrative that CAT is a beneficiary of structural trends (AI automation in heavy equipment, India infrastructure demand), which supports longer-term revenue exposure. MSN AI Boom Story India Opportunity
• Positive Sentiment: Inclusion in favorable fund and research write-ups (Barron’s coverage noting CAT leading a dividend ETF’s gains; Zacks highlighting CAT as a long-term pick) adds demand from dividend/value and quant investors. Barron’s Dividend ETF Zacks Feature
• Neutral Sentiment: Investor events and analyst reports: CFO Andrew Bonfield will appear at a Barclays conference (potential for new guidance/color) and Yahoo Finance syndicated research summaries published today; likely to generate incremental newsflow but not immediate direction. CFO Barclays Chat Top Research Reports
• Positive Sentiment: Small institutional buying reported (Allegheny Financial Group increased its stake), which is supportive of demand from asset managers. Allegheny Buys
• Negative Sentiment: Insider/insider-adjacent selling filings (recent small sales disclosed) and elevated volume suggest profit-taking after the rally; these sales can weigh on near-term price momentum. Insider Sales 1 Insider Sales 2

Insider Transactions at Caterpillar

In related news, insider Anthony D. Fassino sold 10,671 shares of the firm’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $680.45, for a total value of $7,261,081.95. Following the transaction, the insider owned 41,151 shares in the company, valued at $28,001,197.95. This trade represents a 20.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Lange Bob De sold 22,656 shares of the business’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $720.11, for a total value of $16,314,812.16. Following the sale, the insider directly owned 79,953 shares of the company’s stock, valued at $57,574,954.83. This represents a 22.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 130,545 shares of company stock valued at $88,294,733 over the last 90 days. 0.33% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have commented on CAT. Evercore raised their price target on shares of Caterpillar from $476.00 to $630.00 and gave the stock an “outperform” rating in a research note on Monday, November 17th. Wells Fargo & Company raised their target price on Caterpillar from $702.00 to $756.00 and gave the stock an “overweight” rating in a research report on Friday, January 30th. Argus upped their price target on Caterpillar from $625.00 to $820.00 and gave the company a “buy” rating in a research report on Wednesday. Morgan Stanley lifted their price objective on Caterpillar from $400.00 to $425.00 and gave the company an “underweight” rating in a report on Tuesday, February 3rd. Finally, Raymond James Financial restated a “market perform” rating on shares of Caterpillar in a research note on Wednesday, January 7th. Sixteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $702.95.

Caterpillar Stock Performance

Shares of NYSE:CAT opened at $758.70 on Friday. The business has a fifty day moving average of $630.67 and a 200-day moving average of $538.08. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.94 and a current ratio of 1.44. Caterpillar Inc. has a twelve month low of $267.30 and a twelve month high of $789.81. The firm has a market cap of $355.06 billion, a PE ratio of 40.31, a price-to-earnings-growth ratio of 1.84 and a beta of 1.58.

Caterpillar (NYSE:CAT) last issued its quarterly earnings data on Thursday, January 29th. The industrial products company reported $5.16 EPS for the quarter, topping analysts’ consensus estimates of $4.67 by $0.49. Caterpillar had a net margin of 13.14% and a return on equity of 45.76%. The firm had revenue of $19.13 billion for the quarter, compared to analyst estimates of $17.81 billion. During the same quarter in the prior year, the firm earned $5.14 EPS. The company’s revenue was up 17.9% on a year-over-year basis. On average, equities research analysts predict that Caterpillar Inc. will post 19.86 EPS for the current fiscal year.

Caterpillar Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 19th. Shareholders of record on Tuesday, January 20th will be issued a dividend of $1.51 per share. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a $6.04 annualized dividend and a yield of 0.8%. Caterpillar’s dividend payout ratio is currently 32.09%.

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.