ABN Amro Investment Solutions Purchases 17,475 Shares of Caterpillar Inc. $CAT

Key Points

• ABN Amro Investment Solutions sharply increased its Caterpillar stake by 279.5% in the fourth quarter, buying 17,475 additional shares and bringing its total holdings to 23,728 shares worth about $13.6 million.
• Caterpillar reported strong quarterly results, with earnings of $5.54 per share and revenue of $17.42 billion, both beating expectations and rising 22.2% year over year.
• Shares rose 1.6% to $873.91, while analysts remain broadly positive: the stock has a Moderate Buy consensus and an average price target of $923.14, with several firms recently raising targets.

ABN Amro Investment Solutions increased its position in shares of Caterpillar Inc. (NYSE:CAT - Free Report) by 279.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,728 shares of the industrial products company's stock after purchasing an additional 17,475 shares during the period. ABN Amro Investment Solutions' holdings in Caterpillar were worth $13,593,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Illinois Municipal Retirement Fund boosted its position in Caterpillar by 7.3% in 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 Caterpillar in the 3rd quarter valued at about $8,893,000. State of New Jersey Common Pension Fund D boosted its position in Caterpillar by 2.5% in the 3rd 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 buying an additional 4,010 shares during the period. Juno Financial Group LLC purchased a new stake in Caterpillar in the 4th quarter valued at about $877,000. Finally, Vanguard Personalized Indexing Management LLC boosted its position in Caterpillar by 3.6% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 73,363 shares of the industrial products company's stock valued at $35,023,000 after buying an additional 2,565 shares during the period. 70.98% of the stock is currently owned by institutional investors.

Caterpillar Trading Up 1.6%

NYSE CAT opened at $873.91 on Thursday. The company has a quick ratio of 0.81, a current ratio of 1.35 and a debt-to-equity ratio of 1.64. The firm has a market cap of $402.52 billion, a PE ratio of 43.50, a price-to-earnings-growth ratio of 1.70 and a beta of 1.63. The company has a 50 day moving average price of $785.30 and a 200 day moving average price of $687.48. Caterpillar Inc. has a 52 week low of $336.24 and a 52 week high of $931.35.

Caterpillar (NYSE:CAT - Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The industrial products company reported $5.54 EPS for the quarter, topping the consensus estimate of $4.65 by $0.89. The firm had revenue of $17.42 billion during the quarter, compared to analyst estimates of $16.53 billion. Caterpillar had a net margin of 13.33% and a return on equity of 48.21%. Caterpillar's revenue was up 22.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $4.25 EPS. As a group, sell-side analysts forecast that Caterpillar Inc. will post 24.67 EPS for the current fiscal year.

Caterpillar Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 19th. Investors of record on Monday, April 20th were paid a dividend of $1.51 per share. This represents a $6.04 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Monday, April 20th. Caterpillar's payout ratio is 30.06%.

Insider Activity

In other Caterpillar news, insider Denise C. Johnson sold 12,605 shares of the company's stock in a transaction that occurred on 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 transaction, the insider owned 49,825 shares in the company, valued at approximately $45,236,615.75. This represents a 20.19% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Anthony D. Fassino sold 16,283 shares of the company's stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $916.80, for a total transaction of $14,928,254.40. Following the transaction, the insider owned 46,041 shares in the company, valued at $42,210,388.80. The trade was a 26.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 100,551 shares of company stock worth $91,170,351 over the last 90 days. 0.33% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

CAT has been the subject of several research reports. Wells Fargo & Company upped their price target on shares of Caterpillar from $960.00 to $1,050.00 and gave the stock an "overweight" rating in a research report on Friday, May 1st. Daiwa Securities Group upped their price target on shares of Caterpillar from $790.00 to $900.00 and gave the stock a "neutral" rating in a research report on Friday, May 1st. Bank of America upped their price target on shares of Caterpillar from $930.00 to $989.00 and gave the stock a "buy" rating in a research report on Friday, May 1st. HSBC upped their price target on shares of Caterpillar from $850.00 to $1,100.00 in a research report on Tuesday, May 5th. Finally, DA Davidson upped their price target on shares of Caterpillar from $650.00 to $845.00 and gave the stock a "neutral" rating in a research report on Monday, May 4th. Sixteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $923.14.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Zacks Research raised multiple Caterpillar earnings forecasts across 2026, 2027 and 2028, signaling stronger expected profitability and supporting a higher valuation for the stock.
• Positive Sentiment: Analysts also increased Caterpillar’s long-term fair value and price targets, reflecting improving growth expectations and suggesting Wall Street sees more upside than before.
• Positive Sentiment: Jim Cramer said Caterpillar is “integral to data center construction,” highlighting a new demand driver tied to AI infrastructure buildout, which could broaden the company’s growth narrative. Article Title
• Positive Sentiment: The company’s “Building Beyond” internship coverage spotlighted Caterpillar’s use of new AI, reinforcing investor interest in its technology and workforce development efforts. Article Title
• Neutral Sentiment: Caterpillar was mentioned in several stock-screening and watchlist articles for industrial, mining, and construction names, which adds visibility but does not by itself change fundamentals.
• Negative Sentiment: One story noted concerns around workforce and tariff issues at a Caterpillar-related facility, which could be a mild headwind if trade or labor costs intensify. Article Title

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.

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