Caterpillar (NYSE:CAT) Insider Anthony Fassino Sells 9,152 Shares of Stock

Caterpillar Inc. (NYSE:CAT) insider Anthony Fassino sold 9,152 shares of Caterpillar stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $926.25, for a total value of $8,477,040.00. Following the sale, the insider owned 46,041 shares in the company, valued at $42,645,476.25. This represents a 16.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Caterpillar Stock Down 3.3%

CAT stock opened at $896.03 on Friday. The company has a current ratio of 1.35, a quick ratio of 0.81 and a debt-to-equity ratio of 1.64. The firm has a 50 day simple moving average of $755.75 and a 200-day simple moving average of $664.91. The company has a market capitalization of $412.70 billion, a P/E ratio of 44.60, a PEG ratio of 1.88 and a beta of 1.63. Caterpillar Inc. has a twelve month low of $322.90 and a twelve month high of $931.35.

Caterpillar (NYSE:CAT) last posted its quarterly earnings results on Thursday, April 30th. The industrial products company reported $5.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.65 by $0.89. The firm had revenue of $17.42 billion for the quarter, compared to analysts’ expectations of $16.53 billion. Caterpillar had a net margin of 13.33% and a return on equity of 48.21%. The firm’s quarterly revenue was up 22.2% on a year-over-year basis. During the same period in the prior year, the company posted $4.25 earnings per share. On average, equities research analysts predict that Caterpillar Inc. will post 23.97 earnings per share for the current fiscal year.

Caterpillar Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 19th. Stockholders of record on Monday, April 20th will be given a dividend of $1.51 per share. The ex-dividend date of this dividend is Monday, April 20th. This represents a $6.04 annualized dividend and a dividend yield of 0.7%. Caterpillar’s dividend payout ratio (DPR) is presently 30.06%.

Institutional Trading of Caterpillar

Large investors have recently modified their holdings of the company. Illinois Municipal Retirement Fund boosted its stake in shares of Caterpillar by 7.3% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 17,262 shares of the industrial products company’s stock valued at $8,237,000 after buying an additional 1,181 shares during the period. Caprock Group LLC purchased a new stake in shares of Caterpillar during the third quarter worth $8,893,000. ZEGA Investments LLC boosted its position in Caterpillar by 149.6% during the third quarter. ZEGA Investments LLC now owns 4,184 shares of the industrial products company’s stock valued at $1,996,000 after purchasing an additional 2,508 shares during the last quarter. State of New Jersey Common Pension Fund D grew its stake in Caterpillar by 2.5% in the third quarter. State of New Jersey Common Pension Fund D now owns 165,677 shares of the industrial products company’s stock valued at $79,053,000 after purchasing an additional 4,010 shares in the last quarter. Finally, Juno Financial Group LLC acquired a new position in Caterpillar in the 4th quarter worth about $877,000. Institutional investors and hedge funds own 70.98% of the company’s stock.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Q1 beat and revenue strength: Caterpillar reported better‑than‑expected Q1 EPS and a ~38% jump in construction equipment revenue, reinforcing demand/backlog visibility and supporting the rally. Caterpillar Reports 38% Boost to Construction Equipment Revenue for Q1 2026
• Positive Sentiment: Analyst target lifts: Several firms raised targets (Argus, HSBC and others), giving investors fresh valuation support and a rationale for continued buying. Argus Raises Caterpillar Price Target HSBC Raises Caterpillar Price Target
• Positive Sentiment: New demand narrative (AI/data‑center power): Media coverage is framing CAT as a beneficiary of data‑center and AI infrastructure (generators, electrification), expanding perceived end markets beyond traditional cyclical construction/mining. Industrial-Strength Rally: Why Caterpillar Is Up 53%…
• Positive Sentiment: Order/lead‑time signal: Supplier/peer notes (Archrock) point to extended lead times for equipment, implying sustained demand and pricing power ahead. Archrock reaffirms outlook as Caterpillar lead times near 160
• Positive Sentiment: Commercial traction & director buy: Wins for CAT autonomy and power products (e.g., Carmeuse) plus a small director purchase are additional constructive signals for diversification and insider confidence. Carmeuse selects Caterpillar’s autonomous hauling solution Director purchase SEC filing
• Neutral Sentiment: Mixed analyst stance & valuation: Some shops raised targets but kept Neutral ratings, reflecting debate about upside vs. a high multiple after the run. DA Davidson Raises Caterpillar Target
• Neutral Sentiment: Volatility/attention: Heavy media coverage and elevated options activity are amplifying intraday moves but don’t alter the company’s fundamentals. Options activity coverage
• Neutral Sentiment: Corporate PR / workforce initiative: Caterpillar opened registration for a global innovation challenge as part of a workforce pledge—positive for branding but unlikely to move near‑term revenue materially. Caterpillar Opens Registration for Global Innovation Challenge
• Negative Sentiment: Significant insider selling: Multiple insiders — including CFO Andrew Bonfield and other senior officers — disclosed large sales (multi‑million dollar blocks and double‑digit % position trims), which can trigger profit‑taking and weigh on sentiment despite strong fundamentals. CFO insider sale SEC filing Insider sale (Shurman) SEC filing

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on CAT shares. Rothschild & Co Redburn upped their price target on Caterpillar from $650.00 to $700.00 and gave the company a “neutral” rating in a research report on Wednesday, February 4th. Wall Street Zen upgraded shares of Caterpillar from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Jefferies Financial Group increased their target price on shares of Caterpillar from $900.00 to $1,045.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Wolfe Research lifted their price target on shares of Caterpillar from $670.00 to $750.00 and gave the company an “outperform” rating in a report on Tuesday, March 31st. Finally, Barclays boosted their price objective on shares of Caterpillar from $700.00 to $800.00 and gave the company an “equal weight” rating in a research report on Friday, May 1st. Sixteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, Caterpillar currently has a consensus rating of “Moderate Buy” and a consensus price target of $890.27.

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.