Elo Mutual Pension Insurance Co Sells 14,642 Shares of Caterpillar Inc. $CAT

Elo Mutual Pension Insurance Co lowered its position in shares of Caterpillar Inc. (NYSE:CAT) by 37.2% in the third quarter, HoldingsChannel reports. The fund owned 24,706 shares of the industrial products company’s stock after selling 14,642 shares during the period. Elo Mutual Pension Insurance Co’s holdings in Caterpillar were worth $11,788,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in CAT. Marquette Asset Management LLC lifted its position 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 valued at $28,000 after purchasing an additional 53 shares during the period. Joseph Group Capital Management acquired a new stake in shares of Caterpillar during the 3rd quarter worth approximately $32,000. Kilter Group LLC bought a new stake in shares of Caterpillar during the second quarter worth approximately $27,000. Sellwood Investment Partners LLC acquired a new position in Caterpillar in the third quarter valued at approximately $35,000. Finally, RiverPark Advisors LLC bought a new position in Caterpillar in the second quarter valued at approximately $32,000. Institutional investors own 70.98% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on CAT shares. Jefferies Financial Group upped their target price on shares of Caterpillar from $700.00 to $750.00 and gave the company a “buy” rating in a research report on Tuesday, January 27th. DA Davidson upped their price objective on Caterpillar from $569.00 to $650.00 and gave the company a “neutral” rating in a report on Monday, February 2nd. Wall Street Zen cut Caterpillar from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. JPMorgan Chase & Co. increased their price target on shares of Caterpillar from $740.00 to $765.00 and gave the company an “overweight” rating in a research report on Friday, January 30th. Finally, Daiwa Securities Group boosted their price objective on shares of Caterpillar from $640.00 to $790.00 in a report on Wednesday, February 25th. Sixteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Caterpillar presently has an average rating of “Moderate Buy” and a consensus target price of $712.52.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Wells Fargo raised its price target to $870, citing continued momentum and demand drivers that support higher valuations for CAT. Wells Fargo Raises Caterpillar (NYSE:CAT) Price Target to $870.00
• Positive Sentiment: Daiwa Securities also lifted its price target to $790, adding to analyst bullishness and reinforcing upside expectations from peers. Daiwa Securities Group Raises Caterpillar (NYSE:CAT) Price Target to $790.00
• Positive Sentiment: Market commentary highlights CAT as a beneficiary of AI-related capex (data center construction) and sustained infrastructure/mining demand — a thematic tailwind supporting long-term revenue and equipment replacement cycles. Does Caterpillar’s AI Power Deal And Record Results Redefine The Bull Case For CAT?
• Positive Sentiment: High-profile investors/commentators (Jim Cramer) and strategists are publicly backing CAT as a “hard asset” play tied to construction and AI-related buildout, bolstering retail/institutional interest. Jim Cramer on Caterpillar: “We Like Their Stuff”
• Neutral Sentiment: Research reports forecast solid market expansion in mining trucks, rock drilling and tunneling equipment through 2030, identifying CAT as a key market leader — supportive for long-term demand but not an immediate catalyst. Mining Truck Industry Report 2026-2035
• Neutral Sentiment: Corporate activity: CAT hosted its Global Technician Finals and is rolling out a redesigned rental management experience; these operational initiatives improve service/aftermarket positioning but are incremental. Caterpillar hosts its Global Technician Finals in Peoria
• Neutral Sentiment: Caterpillar and BST invested in ElevenEs (electrification/technology), a strategic move toward EV/efficiency solutions that supports medium-term product mix shifts. Caterpillar and BST invest in ElevenEs
• Negative Sentiment: Today’s share weakness is partly tied to broader market pressure: the Dow fell with losses in Nvidia and Caterpillar cited among decliners, which knocked CAT lower. Dow’s 131-point fall led by losses in NVIDIA Corp., Caterpillar shares
• Negative Sentiment: Short interest rose sharply in February (≈61% month-over-month growth to ~10M shares), indicating increased bearish positioning that can amplify near-term downside volatility.

Insiders Place Their Bets

In related news, CAO William E. Schaupp sold 972 shares of the stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $764.20, for a total transaction of $742,802.40. Following the completion of the transaction, the chief accounting officer directly owned 824 shares of the company’s stock, valued at approximately $629,700.80. This represents a 54.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Anthony D. Fassino sold 7,891 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $776.90, for a total value of $6,130,517.90. Following the completion of the sale, the insider directly owned 46,643 shares of the company’s stock, valued at approximately $36,236,946.70. The trade was a 14.47% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 133,450 shares of company stock valued at $92,530,665 over the last 90 days. 0.33% of the stock is currently owned by company insiders.

Caterpillar Price Performance

NYSE CAT opened at $742.53 on Monday. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.94 and a current ratio of 1.44. The stock has a market cap of $345.49 billion, a price-to-earnings ratio of 39.45, a PEG ratio of 1.76 and a beta of 1.53. The business has a 50 day simple moving average of $667.81 and a 200 day simple moving average of $565.67. Caterpillar Inc. has a 52-week low of $267.30 and a 52-week high of $789.81.

Caterpillar (NYSE:CAT) last released its quarterly earnings results on Thursday, January 29th. The industrial products company reported $5.16 earnings per share for the quarter, beating the consensus estimate of $4.67 by $0.49. Caterpillar had a net margin of 13.14% and a return on equity of 45.76%. The company had revenue of $19.13 billion during the quarter, compared to analysts’ expectations of $17.81 billion. During the same quarter in the prior year, the company earned $5.14 earnings per share. The business’s quarterly revenue was up 17.9% compared to the same quarter last year. Analysts anticipate that Caterpillar Inc. will post 19.86 earnings per share for the current fiscal year.

Caterpillar Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, February 19th. Investors of record on Tuesday, January 20th were given a $1.51 dividend. This represents a $6.04 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Tuesday, January 20th. Caterpillar’s dividend payout ratio (DPR) 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.