2,365 Shares in Caterpillar Inc. $CAT Purchased by Leonard Rickey Investment Advisors P.L.L.C.

Key Points

• Leonard Rickey Investment Advisors P.L.L.C. opened a new position in Caterpillar, buying 2,365 shares (~$1.36M) in Q4 amid heavy institutional activity from firms like Norges Bank, Wellington and BNY, with about 70.98% of the stock owned by institutions.
• Caterpillar beat Q4 estimates — $5.16 EPS vs. $4.67 expected and $19.13B revenue (up 17.9%) — and analysts have a consensus "Moderate Buy" with a $730.50 price target and projected FY EPS of ~19.86.
• Offsetting positives, insiders have sold heavily (135,950 shares worth ~$94.3M in the last 90 days) and the company faces legal and ESG headwinds (a patent countersuit with Bobcat and Washington state bond divestment) that could pressure sentiment.

Leonard Rickey Investment Advisors P.L.L.C. acquired a new position in Caterpillar Inc. (NYSE:CAT - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 2,365 shares of the industrial products company's stock, valued at approximately $1,355,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Norges Bank bought a new stake in shares of Caterpillar in the 2nd quarter worth approximately $2,165,899,000. Wellington Management Group LLP grew its holdings in 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 valued at $2,494,568,000 after purchasing an additional 5,098,964 shares during the period. Massachusetts Financial Services Co. MA increased its position in Caterpillar by 1,851.8% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,830,414 shares of the industrial products company's stock worth $873,382,000 after buying an additional 1,736,631 shares during the last quarter. Marshall Wace LLP raised its stake in shares of Caterpillar by 425.2% in the second quarter. Marshall Wace LLP now owns 761,800 shares of the industrial products company's stock valued at $295,738,000 after buying an additional 616,739 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in shares of Caterpillar by 20.7% during 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 buying an additional 609,023 shares during the last quarter. 70.98% of the stock is currently owned by hedge funds and other institutional investors.

Caterpillar Trading Down 1.1%

Shares of CAT stock opened at $695.49 on Friday. The business has a 50-day moving average price of $708.66 and a two-hundred day moving average price of $603.12. Caterpillar Inc. has a 12-month low of $267.30 and a 12-month high of $789.81. 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 firm has a market cap of $323.61 billion, a P/E ratio of 36.96, a price-to-earnings-growth ratio of 1.66 and a beta of 1.54.

Caterpillar (NYSE:CAT - Get Free Report) last posted its quarterly earnings results on Thursday, January 29th. The industrial products company reported $5.16 EPS for the quarter, topping the consensus estimate of $4.67 by $0.49. The firm had revenue of $19.13 billion for the quarter, compared to the consensus estimate of $17.81 billion. Caterpillar had a net margin of 13.14% and a return on equity of 45.76%. The business's revenue was up 17.9% compared to the same quarter last year. During the same period last year, the firm posted $5.14 earnings per share. Equities analysts anticipate that Caterpillar Inc. will post 19.86 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. DA Davidson lifted their price objective on Caterpillar from $569.00 to $650.00 and gave the stock a "neutral" rating in a report on Monday, February 2nd. HSBC increased their target price on shares of Caterpillar from $660.00 to $850.00 and gave the stock a "buy" rating in a research report on Thursday, February 5th. Raymond James Financial reissued a "market perform" rating on shares of Caterpillar in a research report on Wednesday, January 7th. Barclays upped their price target on shares of Caterpillar from $610.00 to $625.00 and gave the company an "equal weight" rating in a research note on Friday, January 30th. Finally, Jefferies Financial Group lifted their price objective on shares of Caterpillar from $785.00 to $825.00 and gave the company a "buy" rating in a research note on Friday, March 6th. Sixteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $730.50.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Erste Group nudged up its profit forecasts — the bank raised FY2027 EPS to $27.95 (from $27.65) and slightly lifted FY2026 to $22.70, both well above the street consensus of ~$19.86. This supports a stronger earnings outlook for CAT. Erste Group raises EPS estimates
• Neutral Sentiment: Deal and growth coverage — coverage of Caterpillar supplying power‑generation equipment to Atlas Energy and its role in powering Nscale’s AI compute campus highlights revenue diversification and exposure to AI/energy demand, but analysts are mixed on near-term financial impact and timing. Analysts mixed on Atlas Energy agreement Caterpillar and Nscale AI campus
• Neutral Sentiment: Community & STEM initiatives may support brand and hiring but have limited direct near‑term financial impact (Alvernia collaboration; Goodwill Arkansas funding). Alvernia partnership Goodwill Arkansas funding
• Negative Sentiment: Heightened legal risk — Caterpillar has countersued Bobcat (Doosan Bobcat) over alleged patent infringement and has accused the rival of industrial espionage; litigation can lead to legal costs, injunction risk or distraction. Reuters: Caterpillar countersues Bobcat ENR: alleges industrial espionage
• Negative Sentiment: Divestment headline — Washington state sold off ~$62M of Caterpillar bonds amid activist pressure; public-sector divestment can dent sentiment and signal ESG-related investor risk. WA sells Caterpillar bonds
• Negative Sentiment: Market/sector selloff — Caterpillar was mentioned among stocks that weighed on the Dow amid a near‑350 point decline, so broad risk‑off flows likely pressured the share price alongside company‑specific headlines. Market drop including CAT

Insider Transactions at Caterpillar

In other Caterpillar news, insider Lange Bob De sold 22,656 shares of the company's stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $720.11, for a total transaction of $16,314,812.16. Following the completion of the transaction, the insider owned 79,953 shares of the company's stock, valued at $57,574,954.83. This represents a 22.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Rodney Michael Shurman sold 2,278 shares of the firm's stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $759.61, for a total value of $1,730,391.58. Following the completion of the sale, the insider directly owned 1,443 shares of the company's stock, valued at $1,096,117.23. The trade was a 61.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 135,950 shares of company stock valued at $94,327,990. Insiders own 0.33% of the company's stock.

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.

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