Rep. Marjorie Taylor Greene Buys Caterpillar Inc. (NYSE:CAT) Shares

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Caterpillar Inc. NYSE: CAT. In a filing disclosed on May 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Caterpillar stock on May 5th. The trade occurred in the Representative's "MARJORIE IRA" account.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Occidental Petroleum NYSE: OXY on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Paychex NASDAQ: PAYX on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of MercadoLibre NASDAQ: MELI on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Starbucks NASDAQ: SBUX on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of BP NYSE: BP on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Gilead Sciences NASDAQ: GILD on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of BHP Group NYSE: BHP on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Advanced Micro Devices NASDAQ: AMD on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOG on 5/5/2025.

Caterpillar Price Performance

NYSE CAT traded up $1.22 on Friday, reaching $325.47. 1,646,220 shares of the stock traded hands, compared to its average volume of 2,621,808. Caterpillar Inc. has a 12 month low of $267.30 and a 12 month high of $418.50. The company has a quick ratio of 0.89, a current ratio of 1.42 and a debt-to-equity ratio of 1.40. The firm's fifty day simple moving average is $316.76 and its 200 day simple moving average is $355.39. The company has a market cap of $155.55 billion, a price-to-earnings ratio of 14.75, a P/E/G ratio of 1.87 and a beta of 1.35.

Caterpillar (NYSE:CAT - Get Free Report) last released its earnings results on Wednesday, April 30th. The industrial products company reported $4.25 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $4.35 by ($0.10). Caterpillar had a return on equity of 58.18% and a net margin of 16.65%. The firm had revenue of $14.25 billion for the quarter, compared to analyst estimates of $14.64 billion. During the same period in the previous year, the firm earned $5.60 earnings per share. Caterpillar's revenue was down 9.8% on a year-over-year basis. As a group, research analysts predict that Caterpillar Inc. will post 19.86 EPS for the current fiscal year.

Caterpillar Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 20th. Shareholders of record on Monday, April 21st will be given a $1.41 dividend. The ex-dividend date of this dividend is Monday, April 21st. This represents a $5.64 dividend on an annualized basis and a yield of 1.73%. Caterpillar's dividend payout ratio (DPR) is 27.49%.

Insider Activity

In other Caterpillar news, insider Jason Kaiser sold 2,425 shares of the firm's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $354.70, for a total value of $860,147.50. Following the completion of the sale, the insider now owns 6,275 shares in the company, valued at approximately $2,225,742.50. This trade represents a 27.87 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director David Maclennan acquired 375 shares of the company's stock in a transaction that occurred on Wednesday, May 7th. The stock was bought at an average price of $320.70 per share, with a total value of $120,262.50. Following the transaction, the director now directly owns 6,653 shares in the company, valued at $2,133,617.10. The trade was a 5.97 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.29% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Norges Bank acquired a new position in Caterpillar during the fourth quarter worth $2,184,364,000. GAMMA Investing LLC grew its holdings in shares of Caterpillar by 43,447.3% in the 1st quarter. GAMMA Investing LLC now owns 3,730,259 shares of the industrial products company's stock worth $1,230,239,000 after purchasing an additional 3,721,693 shares during the last quarter. Pacer Advisors Inc. lifted its holdings in Caterpillar by 2,723.1% during the 1st quarter. Pacer Advisors Inc. now owns 1,414,280 shares of the industrial products company's stock valued at $466,430,000 after purchasing an additional 1,364,183 shares during the last quarter. Capital Research Global Investors boosted its position in Caterpillar by 69.3% in the fourth quarter. Capital Research Global Investors now owns 2,924,054 shares of the industrial products company's stock valued at $1,060,730,000 after buying an additional 1,196,861 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in Caterpillar during the fourth quarter worth about $353,231,000. Institutional investors own 70.98% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on CAT. StockNews.com lowered shares of Caterpillar from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. Robert W. Baird raised Caterpillar from an "underperform" rating to a "neutral" rating and lifted their target price for the company from $300.00 to $309.00 in a research note on Thursday, May 1st. Evercore ISI raised their price target on shares of Caterpillar from $365.00 to $375.00 and gave the stock an "in-line" rating in a report on Wednesday, February 19th. Citigroup upped their price objective on shares of Caterpillar from $320.00 to $370.00 and gave the company a "buy" rating in a research note on Monday, May 5th. Finally, UBS Group raised shares of Caterpillar from a "sell" rating to a "neutral" rating and lifted their target price for the company from $355.00 to $385.00 in a research note on Monday, February 3rd. Eight research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat, Caterpillar has a consensus rating of "Moderate Buy" and a consensus price target of $370.67.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2026 election.

About Caterpillar

Caterpillar Inc manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools.