Adelphi Trust Co Acquires Shares of 2,022 Caterpillar Inc. $CAT

Key Points

• Adelphi Trust Co acquired 2,022 shares of Caterpillar in Q4 worth about $1.158 million, making the position 0.9% of its portfolio and its 28th-largest holding.
• Insiders sold heavily last quarter—125,950 shares worth $88.58 million overall, including Lange Bob De (22,656 shares at ~$720.11) and Denise C. Johnson (39,138 shares at ~$681.08), substantially reducing their stakes.
• Analysts have raised price targets and the stock has a "Moderate Buy" consensus with an average target of ~$751.45 after earnings and revenue beats, though shares were down ~3.1% amid valuation worries and tech-acquisition concerns.

Adelphi Trust Co acquired a new stake in shares of Caterpillar Inc. (NYSE:CAT - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 2,022 shares of the industrial products company's stock, valued at approximately $1,158,000. Caterpillar makes up 0.9% of Adelphi Trust Co's portfolio, making the stock its 28th largest position.

Other large investors have also bought and sold shares of the company. Illinois Municipal Retirement Fund boosted its holdings in shares of Caterpillar by 7.3% in the 3rd quarter. Illinois Municipal Retirement Fund now owns 17,262 shares of the industrial products company's stock worth $8,237,000 after purchasing an additional 1,181 shares during the period. Union Bancaire Privee UBP SA lifted its stake in shares of Caterpillar by 155.9% during the 3rd quarter. Union Bancaire Privee UBP SA now owns 47,231 shares of the industrial products company's stock worth $21,014,000 after acquiring an additional 28,773 shares during the last quarter. Caprock Group LLC bought a new stake in shares of Caterpillar during the 3rd quarter worth approximately $8,893,000. ZEGA Investments LLC lifted its stake in shares of Caterpillar by 149.6% during the 3rd quarter. ZEGA Investments LLC now owns 4,184 shares of the industrial products company's stock worth $1,996,000 after acquiring an additional 2,508 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D lifted its stake in shares of Caterpillar by 2.5% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 165,677 shares of the industrial products company's stock worth $79,053,000 after acquiring an additional 4,010 shares during the last quarter. 70.98% of the stock is currently owned by institutional investors.

Insider Transactions at Caterpillar

In other news, insider Lange Bob De sold 22,656 shares of the business's stock in a transaction on Friday, February 6th. The stock was sold at an average price of $720.11, for a total value of $16,314,812.16. Following the completion of the transaction, the insider directly owned 79,953 shares of the company's stock, valued at approximately $57,574,954.83. The trade was a 22.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Denise C. Johnson sold 39,138 shares of the business's stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $681.08, for a total value of $26,656,109.04. Following the completion of the transaction, the insider directly owned 43,350 shares of the company's stock, valued at approximately $29,524,818. The trade was a 47.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 125,950 shares of company stock worth $88,577,390. Company insiders own 0.33% of the company's stock.

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Citi, Jefferies and Oppenheimer raised price targets and reiterated buy/outperform views, supporting longer‑term upside expectations for CAT shares. Citigroup Increases Caterpillar Price Target Jefferies Raises Target to $900 Oppenheimer Raises Target to $832
• Positive Sentiment: Underlying fundamentals remain strong — recent quarterly results beat estimates, revenue and backlog growth are supportive, which analysts cite when lifting targets. Investors Heavily Search Caterpillar
• Neutral Sentiment: Caterpillar is pursuing technology acquisitions (AI/autonomy for off‑road vehicles) to accelerate electrification and autonomy — strategically positive but brings integration risk and unclear near‑term returns. Caterpillar buys little-known AI startup
• Neutral Sentiment: Caterpillar is going ex‑dividend soon, a near‑term catalyst for yield‑focused investors but not a major directional driver for valuation. Dividend Article
• Negative Sentiment: Caterpillar acquired Monarch Tractor assets after the startup collapsed amid dealer and technology problems — investors may view this as buying distressed tech with execution risk, which likely contributed to selling today. Monarch Tractor Acquisition
• Negative Sentiment: Some sell‑side and model‑based commentary warns much of 2025’s gains are priced in (limited upside vs. current levels), prompting profit‑taking and weighing on the stock. 24/7 Wall St. Valuation Note
• Negative Sentiment: Market‑wide moves and short‑term investor reaction to the tech‑acquisition headlines have triggered intraday selling pressure; that broad positioning change amplified the decline. CAT Stock Falls Amid Market Uptick

Caterpillar Trading Down 3.1%

Shares of NYSE CAT opened at $769.87 on Thursday. 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 business has a fifty day simple moving average of $731.99 and a two-hundred day simple moving average of $630.98. The firm has a market cap of $358.21 billion, a PE ratio of 40.91, a price-to-earnings-growth ratio of 1.86 and a beta of 1.52. Caterpillar Inc. has a twelve month low of $282.46 and a twelve month high of $798.54.

Caterpillar (NYSE:CAT - Get Free Report) last released 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 during the quarter, compared to analyst estimates of $17.81 billion. Caterpillar had a return on equity of 45.76% and a net margin of 13.14%.The business's revenue for the quarter was up 17.9% compared to the same quarter last year. During the same period in the previous year, the company posted $5.14 EPS. Analysts expect that Caterpillar Inc. will post 19.86 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 $1.51 dividend. This represents a $6.04 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, April 20th. Caterpillar's payout ratio is presently 32.09%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on CAT. DA Davidson raised their price target on Caterpillar from $569.00 to $650.00 and gave the stock a "neutral" rating in a research note on Monday, February 2nd. Raymond James Financial reissued a "market perform" rating on shares of Caterpillar in a research note on Wednesday, January 7th. Williams Trading set a $825.00 price target on Caterpillar in a research note on Tuesday, March 10th. HSBC raised their price target on Caterpillar from $660.00 to $850.00 and gave the stock a "buy" rating in a research note on Thursday, February 5th. Finally, Argus raised their price target on Caterpillar from $625.00 to $820.00 and gave the stock a "buy" rating in a research note on Wednesday, February 11th. Sixteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $751.45.

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.

Want to see what other hedge funds are holding CAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Caterpillar Inc. (NYSE:CAT - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.