Skandinaviska Enskilda Banken AB publ Sells 12,645 Shares of Caterpillar Inc. $CAT

Skandinaviska Enskilda Banken AB publ decreased its holdings in shares of Caterpillar Inc. (NYSE:CAT) by 9.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 118,664 shares of the industrial products company’s stock after selling 12,645 shares during the quarter. Skandinaviska Enskilda Banken AB publ’s holdings in Caterpillar were worth $56,621,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in CAT. Marquette Asset Management LLC lifted its holdings in 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 purchasing an additional 53 shares in the last quarter. Joseph Group Capital Management bought a new stake in shares of Caterpillar during the third quarter valued at about $32,000. Kilter Group LLC bought a new stake in shares of Caterpillar during the second quarter valued at about $27,000. Mid American Wealth Advisory Group Inc. bought a new position in shares of Caterpillar in the second quarter valued at approximately $28,000. Finally, Sellwood Investment Partners LLC purchased a new stake in Caterpillar in the 3rd quarter worth approximately $35,000. 70.98% of the stock is owned by institutional investors.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar is being positioned as a supplier to the AI/data‑center buildout (generators, power systems and site infrastructure), which traders interpret as a structural growth tailwind beyond traditional construction and mining cycles. Caterpillar Rides AI Data Center Boom As Earnings Story Evolves
• Positive Sentiment: Public radio piece highlights how a century-old industrial firm (Caterpillar) is providing power solutions that high‑tech data centers need, reinforcing the narrative that CAT can capture durable aftermarket and electrification revenue from the data‑center market. High-tech data centers get a powerful assist from a century-old company
• Positive Sentiment: Recent quarterly results showed an earnings and revenue beat with strong margins (EPS and revenue above consensus; year‑over‑year revenue growth), supporting the thesis that Caterpillar’s profit outlook can improve as demand mix shifts. (Company results released Jan. 29; investors cite improved ROE and margin metrics.)
• Neutral Sentiment: Coverage in a dividend‑stock roundup frames long‑term income investors’ interest in durable, cash‑generating industrials; this may attract dividend‑focused buyers but is unlikely to move the stock materially by itself. 2 Dividend Stocks to Hold for the Next 10 Years
• Negative Sentiment: Zacks Research lowered Q2 EPS estimates for Caterpillar, introducing short‑term downside risk to the shares if revisions continue; this helps explain some analyst caution despite the data‑center narrative. Q2 EPS Estimates for Caterpillar Lowered by Zacks Research
• Negative Sentiment: Valuation is relatively rich (high P/E versus historical averages), so the stock’s upside could be sensitive to any slowdown in end markets or further estimate cuts; watch upcoming guidance and analyst revisions.

Insider Transactions at Caterpillar

In related news, insider Lange Bob De sold 22,656 shares of Caterpillar stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $720.11, for a total transaction of $16,314,812.16. Following the sale, the insider directly owned 79,953 shares in the company, valued at $57,574,954.83. The trade was a 22.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Anthony D. Fassino sold 10,671 shares of the stock in a transaction on 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 completion of the transaction, the insider owned 41,151 shares of the company’s stock, valued at approximately $28,001,197.95. This trade represents a 20.59% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 130,545 shares of company stock worth $88,294,733. 0.33% of the stock is owned by company insiders.

Analysts Set New Price Targets

CAT has been the topic of a number of recent analyst reports. Raymond James Financial reiterated a “market perform” rating on shares of Caterpillar in a research report on Wednesday, January 7th. UBS Group reiterated a “neutral” rating and set a $677.00 target price on shares of Caterpillar in a research report on Monday, February 2nd. Argus increased their price target on shares of Caterpillar from $625.00 to $820.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $678.00 target price on shares of Caterpillar in a research report on Friday, January 30th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Caterpillar in a report on Monday, December 29th. Sixteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Caterpillar has an average rating of “Moderate Buy” and an average target price of $702.95.

Caterpillar Stock Up 2.1%

Shares of Caterpillar stock opened at $774.37 on Tuesday. The company has a current ratio of 1.44, a quick ratio of 0.94 and a debt-to-equity ratio of 1.44. Caterpillar Inc. has a 12-month low of $267.30 and a 12-month high of $789.81. The company has a market cap of $362.39 billion, a P/E ratio of 41.15, a PEG ratio of 1.83 and a beta of 1.58. The company’s fifty day simple moving average is $637.66 and its two-hundred day simple moving average is $544.34.

Caterpillar (NYSE:CAT) last announced its earnings results on Thursday, January 29th. The industrial products company reported $5.16 earnings per share for the quarter, beating 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 previous year, the firm posted $5.14 EPS. The company’s revenue for the quarter was up 17.9% compared to the same quarter last year. Research analysts anticipate that Caterpillar Inc. will post 19.86 EPS for the current year.

Caterpillar Announces Dividend

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

Caterpillar 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.