2,335 Shares in Caterpillar Inc. $CAT Bought by CDM Financial Counseling Services Inc.

Key Points

• CDM Financial Counseling Services Inc. opened a new position in Caterpillar, buying 2,335 shares worth about $1.34 million, making CAT its 23rd-largest holding and 1.3% of its portfolio.
• Caterpillar continues to draw strong institutional interest, with several large investors sharply increasing their stakes; institutions now own 70.98% of the company.
• Recent company and analyst updates remain upbeat: Caterpillar beat quarterly earnings and revenue estimates, announced a $1.51 per share dividend, and saw multiple analysts raise price targets, including one to $1,100.

CDM Financial Counseling Services Inc. bought a new position in Caterpillar Inc. (NYSE:CAT - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 2,335 shares of the industrial products company's stock, valued at approximately $1,338,000. Caterpillar accounts for 1.3% of CDM Financial Counseling Services Inc.'s investment portfolio, making the stock its 23rd largest holding.

A number of other large investors have also recently added to or reduced their stakes in CAT. Wellington Management Group LLP boosted its position in shares of Caterpillar by 3,949.8% during the third quarter. Wellington Management Group LLP now owns 5,228,058 shares of the industrial products company's stock worth $2,494,568,000 after buying an additional 5,098,964 shares during the period. Massachusetts Financial Services Co. MA raised its position in Caterpillar by 1,851.8% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,830,414 shares of the industrial products company's stock valued at $873,382,000 after buying an additional 1,736,631 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Caterpillar by 573.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,504,612 shares of the industrial products company's stock valued at $861,947,000 after acquiring an additional 1,281,087 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in Caterpillar by 20.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 3,553,930 shares of the industrial products company's stock valued at $1,695,757,000 after acquiring an additional 609,023 shares in the last quarter. Finally, Amundi boosted its position in Caterpillar by 24.3% during the 3rd quarter. Amundi now owns 2,375,710 shares of the industrial products company's stock worth $1,176,870,000 after acquiring an additional 464,036 shares during the last quarter. Institutional investors own 70.98% of the company's stock.

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Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Rothschild & Co Redburn lifted its price target on Caterpillar to $950 from $700, signaling continued upside potential despite keeping a neutral rating. Rothschild & Co Redburn adjusts price target on Caterpillar to $950 from $700, maintains neutral rating
• Positive Sentiment: Commentary from Jim Cramer called Caterpillar “a buy,” citing oil and gas exposure, infrastructure spending, and AI data-center power demand as potential tailwinds. Jim Cramer Says Caterpillar Is a Buy
• Positive Sentiment: Caterpillar said it is hiring 600 workers at its Sanford, North Carolina plant to support compact track loader production, suggesting strong demand and added manufacturing activity. Caterpillar hiring 600 jobs at Sanford plant
• Positive Sentiment: Industry research on Saudi Arabia’s construction equipment market pointed to Caterpillar as a key player in a market expected to grow steadily through 2030, supported by large infrastructure projects. Saudi Arabia Construction Equipment Industry Research 2026-2031 Featuring Caterpillar

Caterpillar Stock Performance

CAT opened at $888.90 on Monday. The company has a quick ratio of 0.81, a current ratio of 1.35 and a debt-to-equity ratio of 1.64. Caterpillar Inc. has a 12-month low of $336.24 and a 12-month high of $931.35. The business has a 50 day moving average of $775.21 and a 200-day moving average of $681.13. The stock has a market cap of $409.42 billion, a price-to-earnings ratio of 44.25, a PEG ratio of 1.77 and a beta of 1.63.

Caterpillar (NYSE:CAT - Get Free Report) last posted its earnings results on Thursday, April 30th. The industrial products company reported $5.54 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.65 by $0.89. Caterpillar had a net margin of 13.33% and a return on equity of 48.21%. The company had revenue of $17.42 billion during the quarter, compared to analysts' expectations of $16.53 billion. During the same quarter last year, the company posted $4.25 EPS. Caterpillar's quarterly revenue was up 22.2% compared to the same quarter last year. On average, equities research analysts expect that Caterpillar Inc. will post 24.48 earnings per share for the current year.

Caterpillar Dividend Announcement

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

Insider Buying and Selling

In other Caterpillar news, insider Denise C. Johnson sold 12,605 shares of the stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $907.91, for a total transaction of $11,444,205.55. Following the sale, the insider directly owned 49,825 shares in the company, valued at $45,236,615.75. This represents a 20.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Anthony D. Fassino sold 16,283 shares of the firm's stock in a transaction on Monday, May 11th. The shares were sold at an average price of $916.80, for a total value of $14,928,254.40. Following the completion of the sale, the insider directly owned 46,041 shares in the company, valued at approximately $42,210,388.80. This represents a 26.13% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 103,287 shares of company stock valued at $93,259,774 in the last 90 days. 0.33% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. UBS Group reiterated a "neutral" rating and issued a $677.00 price target on shares of Caterpillar in a research note on Monday, February 2nd. Citigroup raised their price objective on Caterpillar from $905.00 to $1,020.00 and gave the company a "buy" rating in a report on Friday, May 1st. Royal Bank Of Canada lifted their target price on Caterpillar from $587.00 to $658.00 and gave the company a "sector perform" rating in a research report on Friday, January 30th. Jefferies Financial Group upped their target price on Caterpillar from $900.00 to $1,045.00 and gave the stock a "buy" rating in a report on Friday, May 1st. Finally, HSBC boosted their price target on Caterpillar from $850.00 to $1,100.00 in a research report on Tuesday, May 5th. Sixteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $923.14.

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.

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