Caterpillar Inc. $CAT Shares Sold by Cresset Asset Management LLC

Cresset Asset Management LLC lowered its stake in shares of Caterpillar Inc. (NYSE:CAT) by 9.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 98,343 shares of the industrial products company’s stock after selling 10,063 shares during the quarter. Cresset Asset Management LLC’s holdings in Caterpillar were worth $46,924,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of CAT. Pacific Point Advisors LLC acquired a new stake in shares of Caterpillar during the 4th quarter worth $579,000. Brighton Jones LLC grew its position in Caterpillar by 51.5% during the fourth quarter. Brighton Jones LLC now owns 7,409 shares of the industrial products company’s stock valued at $2,688,000 after acquiring an additional 2,519 shares during the period. United Bank increased its stake in Caterpillar by 108.5% during the second quarter. United Bank now owns 4,083 shares of the industrial products company’s stock worth $1,585,000 after acquiring an additional 2,125 shares during the last quarter. Schnieders Capital Management LLC. lifted its stake in shares of Caterpillar by 3.9% in the 2nd quarter. Schnieders Capital Management LLC. now owns 9,147 shares of the industrial products company’s stock valued at $3,551,000 after purchasing an additional 347 shares in the last quarter. Finally, Westside Investment Management Inc. increased its position in Caterpillar by 7.3% during the 2nd quarter. Westside Investment Management Inc. now owns 782 shares of the industrial products company’s stock worth $305,000 after purchasing an additional 53 shares in the last quarter. 70.98% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Caterpillar

In other Caterpillar news, CFO Andrew R. J. Bonfield sold 10,000 shares of the business’s stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $575.06, for a total transaction of $5,750,600.00. Following the completion of the sale, the chief financial officer owned 45,460 shares in the company, valued at $26,142,227.60. The trade was a 18.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Anthony D. Fassino sold 10,671 shares of Caterpillar stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $680.45, for a total transaction of $7,261,081.95. Following the completion of the transaction, the insider directly owned 41,151 shares of the company’s stock, valued at $28,001,197.95. This trade represents a 20.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 133,450 shares of company stock valued at $92,530,665 over the last quarter. Insiders own 0.33% of the company’s stock.

Caterpillar Stock Performance

Shares of CAT opened at $722.36 on Wednesday. The firm has a market cap of $336.11 billion, a price-to-earnings ratio of 38.38, a PEG ratio of 1.78 and a beta of 1.54. The company has a quick ratio of 0.94, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The business’s 50 day moving average is $674.01 and its two-hundred day moving average is $570.26. Caterpillar Inc. has a 52-week low of $267.30 and a 52-week high of $789.81.

Caterpillar (NYSE:CAT) last announced its quarterly earnings data on Thursday, January 29th. The industrial products company reported $5.16 earnings per share for the quarter, topping 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 analyst estimates of $17.81 billion. During the same period last year, the business earned $5.14 EPS. The firm’s revenue for the quarter was up 17.9% compared to the same quarter last year. Analysts forecast that Caterpillar Inc. will post 19.86 EPS for the current fiscal year.

Caterpillar Announces Dividend

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

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar highlighted a broad set of product, services and technology launches at CONEXPO‑CON/AGG (AI, autonomy, connected fleet, Cat Rentals/Cat Compact) that reinforce service revenue and digital upsell opportunities. Caterpillar transforms the construction worksite at CONEXPO
• Positive Sentiment: Caterpillar announced partnerships to commercialize a natural‑gas + carbon capture system for the data‑center market, opening a potential new recurring‑revenue channel for power and emissions solutions. Caterpillar partners with OnePWR and Vero3
• Positive Sentiment: Product pipeline expansion: Caterpillar introduced new compact machines (compact‑radius excavator, TUL100 compact utility loader) addressing rental and small‑site demand — supporting parts, service and rental revenue growth. Caterpillar sees more demand for compact radius excavators Caterpillar debuts TUL100 compact utility loader
• Positive Sentiment: High‑profile endorsement: Jim Cramer singled out CAT as a reliable name in his week’s game plan and noted the company’s CONEXPO presence — a short‑term media tailwind for sentiment. Jim Cramer on Caterpillar: “A Total Straight Shooter”
• Neutral Sentiment: Caterpillar is expanding mining software amid a record backlog and a large rail services deal; this accelerates software/recurring revenue but also concentrates execution risk on integration and backlog fulfillment. Caterpillar expands mining software as record backlog and rail deal reshape risks
• Neutral Sentiment: Brand/product curiosity: media coverage of a Caterpillar pickup concept drove attention but the vehicle’s design and commercial prospects disappointed some observers — limited near‑term revenue impact but potential reputational noise. Caterpillar’s first pickup looks a lot like a Ford Super Duty The Caterpillar pickup truck is real, but not what people hoped
• Negative Sentiment: Market/sector weakness: CAT was cited among notable losers dragging the Dow lower today — a reflection of broad market risk‑off flows that can pressure even high‑quality cyclicals. Caterpillar, Sherwin‑Williams share losses contribute to Dow drop
• Negative Sentiment: Valuation/positioning concerns: commentary asking whether CAT has “rallied too far” highlights profit‑taking risk after strong multi‑year gains; that discussion likely amplifies selling pressure among momentum/trading investors. Has Caterpillar rallied too far after strong gains?

Wall Street Analysts Forecast Growth

Several research firms have issued reports on CAT. Morgan Stanley boosted their price objective on shares of Caterpillar from $400.00 to $425.00 and gave the stock an “underweight” rating in a research note on Tuesday, February 3rd. Oppenheimer increased their price target on Caterpillar from $700.00 to $729.00 and gave the company an “outperform” rating in a report on Friday, January 30th. Sanford C. Bernstein restated a “market perform” rating and set a $678.00 price objective on shares of Caterpillar in a research note on Friday, January 30th. Wolfe Research increased their target price on Caterpillar from $470.00 to $670.00 and gave the company an “outperform” rating in a research note on Friday, January 2nd. Finally, Wall Street Zen lowered Caterpillar from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Sixteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $712.52.

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.