Altrius Capital Management Inc Sells 2,553 Shares of Caterpillar Inc. $CAT

Key Points

• Altrius Capital Management reduced its stake in Caterpillar by 23.1%, selling 2,553 shares and leaving 8,492 shares valued at about $4.87 million at quarter-end.
• Insiders have been net sellers recently — including CEO Joseph E. Creed's sale of 2,500 shares — and insiders sold a total of 60,164 shares worth roughly $43.75 million over the last 90 days.
• Caterpillar beat Q1 revenue and EPS and reported a record backlog, spurring analyst upgrades and higher price targets (Jefferies $1,045, Morgan Stanley $915) while announcing a $1.51 quarterly dividend (0.7% yield).

Altrius Capital Management Inc reduced its holdings in Caterpillar Inc. (NYSE:CAT - Free Report) by 23.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 8,492 shares of the industrial products company's stock after selling 2,553 shares during the quarter. Altrius Capital Management Inc's holdings in Caterpillar were worth $4,865,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Torren Management LLC bought a new position in shares of Caterpillar during the 4th quarter worth about $27,000. Marquette Asset Management LLC increased its holdings in shares of Caterpillar by 1,060.0% during the third quarter. Marquette Asset Management LLC now owns 58 shares of the industrial products company's stock valued at $28,000 after acquiring an additional 53 shares in the last quarter. IFS Advisors LLC bought a new stake in shares of Caterpillar during the fourth quarter valued at approximately $31,000. Joseph Group Capital Management bought a new stake in shares of Caterpillar during the third quarter valued at approximately $32,000. Finally, Rialto Wealth Management LLC increased its holdings in shares of Caterpillar by 47.4% during the fourth quarter. Rialto Wealth Management LLC now owns 56 shares of the industrial products company's stock valued at $32,000 after acquiring an additional 18 shares in the last quarter. 70.98% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Caterpillar news, CEO Joseph E. Creed sold 2,500 shares of the business's stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $718.93, for a total value of $1,797,325.00. Following the transaction, the chief executive officer owned 35,083 shares of the company's stock, valued at approximately $25,222,221.19. The trade was a 6.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Rodney Michael Shurman sold 2,278 shares of the business'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 transaction, the insider directly owned 1,443 shares in the company, valued at approximately $1,096,117.23. This represents a 61.22% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 60,164 shares of company stock valued at $43,748,068. 0.33% of the stock is currently owned by insiders.

Caterpillar Trading Up 0.1%

Shares of Caterpillar stock opened at $890.15 on Monday. The stock has a fifty day simple moving average of $746.86 and a 200 day simple moving average of $656.99. Caterpillar Inc. has a 12-month low of $318.11 and a 12-month high of $905.00. The company has a market capitalization of $414.17 billion, a P/E ratio of 44.31, a price-to-earnings-growth ratio of 2.04 and a beta of 1.63. The company has a current ratio of 1.35, a quick ratio of 0.81 and a debt-to-equity ratio of 1.64.

Caterpillar (NYSE:CAT - Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The industrial products company reported $5.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.65 by $0.89. Caterpillar had a return on equity of 48.21% and a net margin of 13.33%.The business had revenue of $17.42 billion during the quarter, compared to the consensus estimate of $16.53 billion. During the same quarter in the prior year, the company posted $4.25 earnings per share. Caterpillar's revenue was up 22.2% compared to the same quarter last year. On average, sell-side analysts anticipate that Caterpillar Inc. will post 23.08 earnings per share for the current fiscal year.

Caterpillar Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 19th. Shareholders of record on Monday, April 20th will be given a $1.51 dividend. The ex-dividend date of this dividend is Monday, April 20th. This represents a $6.04 annualized dividend and a yield of 0.7%. Caterpillar's payout ratio is currently 30.06%.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar beat Q1 revenue and EPS expectations and reported a record backlog, driven by higher volume and pricing across construction and power systems — a core reason the stock rallied after earnings. Caterpillar expects AI-driven demand for power, construction to fuel growth — Reuters
• Positive Sentiment: Analysts sharply raised price targets and upgraded ratings (JPMorgan, Jefferies, Wells Fargo, Baird, Citigroup, Morgan Stanley among others), signaling renewed street confidence and creating upward momentum for the stock. Morgan Stanley Doubles Price Target to $915 — 247WallSt
• Positive Sentiment: Demand tied to AI/data-center buildouts is boosting Cat’s power and energy backlog; management is raising 2030 targets and plans to roughly triple power-generation capacity, which supports a multi-year growth runway beyond cyclical construction. Caterpillar to triple power generation capacity — Yahoo Finance
• Positive Sentiment: Market narrative has shifted: short interest and skeptical bears are receding as the AI-power story gains traction, amplifying upside as skeptics fold. Caterpillar’s biggest bear folds as AI power demand soars — Mining.com
• Positive Sentiment: Strategic partnerships (e.g., framework with ProPetro’s PROPWR) and large supply agreements for data-center and industrial power strengthen the revenue mix in higher-margin power systems. Caterpillar taps PROPWR and data centers — Yahoo Finance
• Neutral Sentiment: Technical momentum is strong (IBD composite rating surged toward the top of the universe) and the company announced a virtual annual shareholder meeting; these are market-interest and governance items rather than direct catalysts. IBD Composite Rating Surges — Yahoo/IBD
• Negative Sentiment: Management warned of significant tariff costs for 2026 — a $2.2B–$2.4B range — that will pressure margins and partially offset revenue strength; investors should watch margin trends and any changes to the tariff outlook. Caterpillar signals tariff cost range and 2026 sales growth — Seeking Alpha

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Morgan Stanley set a $915.00 price objective on shares of Caterpillar and gave the stock an "equal weight" rating in a report on Friday. Jefferies Financial Group upped their price objective on shares of Caterpillar from $900.00 to $1,045.00 and gave the stock a "buy" rating in a report on Friday. Rothschild & Co Redburn upped their price objective on shares of Caterpillar from $650.00 to $700.00 and gave the stock a "neutral" rating in a report on Wednesday, February 4th. Wall Street Zen upgraded shares of Caterpillar from a "hold" rating to a "buy" rating in a report on Saturday. Finally, Raymond James Financial restated a "market perform" rating on shares of Caterpillar in a report on Wednesday, January 7th. Sixteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, Caterpillar currently has a consensus rating of "Moderate Buy" and a consensus target price of $862.32.

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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