Assetmark Inc. Acquires 21,201 Shares of Caterpillar Inc. $CAT

Key Points

• Assetmark Inc. increased its stake in Caterpillar by 260.7% in Q4, buying 21,201 shares to hold 29,334 shares valued at $16.805 million.
• Company insiders sold a total of 125,950 shares in the last three months (about $88.58 million), including Lange Bob De's 22,656‑share sale, leaving insiders with just 0.33% ownership.
• Caterpillar beat Q4 estimates with $5.16 EPS vs. $4.67 and $19.13 billion revenue (up 17.9% YoY); analysts have raised targets (consensus "Moderate Buy", average target ≈ $751) and the firm declared a $1.51 quarterly dividend (0.8% yield).

Assetmark Inc. increased its position in Caterpillar Inc. (NYSE:CAT - Free Report) by 260.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,334 shares of the industrial products company's stock after buying an additional 21,201 shares during the period. Assetmark Inc.'s holdings in Caterpillar were worth $16,805,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Pacific Point Advisors LLC bought a new stake in Caterpillar during the 4th quarter valued at about $579,000. Brighton Jones LLC increased its stake in Caterpillar by 51.5% during the 4th quarter. Brighton Jones LLC now owns 7,409 shares of the industrial products company's stock valued at $2,688,000 after purchasing an additional 2,519 shares in the last quarter. United Bank lifted its holdings in shares of Caterpillar by 108.5% during the second quarter. United Bank now owns 4,083 shares of the industrial products company's stock worth $1,585,000 after purchasing an additional 2,125 shares during the period. Schnieders Capital Management LLC. boosted its holdings in Caterpillar by 3.9% in the second quarter. Schnieders Capital Management LLC. now owns 9,147 shares of the industrial products company's stock valued at $3,551,000 after purchasing an additional 347 shares during the last quarter. Finally, Alliancebernstein L.P. increased its holdings in Caterpillar by 6.5% in the second quarter. Alliancebernstein L.P. now owns 572,165 shares of the industrial products company's stock valued at $222,120,000 after buying an additional 34,846 shares in the last quarter. Hedge funds and other institutional investors own 70.98% of the company's stock.

Insider Activity at Caterpillar

In other Caterpillar news, insider Lange Bob De sold 22,656 shares of the firm's stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $720.11, for a total transaction of $16,314,812.16. Following the transaction, the insider owned 79,953 shares of the company's stock, valued at approximately $57,574,954.83. This trade represents a 22.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Rodney Michael Shurman sold 2,278 shares of the business's stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $759.61, for a total transaction of $1,730,391.58. Following the sale, the insider owned 1,443 shares in the company, valued at $1,096,117.23. This trade represents a 61.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 125,950 shares of company stock valued at $88,577,390. 0.33% of the stock is owned by corporate insiders.

Caterpillar Trading Up 0.3%

Shares of CAT opened at $772.49 on Friday. The stock has a 50-day moving average price of $733.87 and a 200 day moving average price of $631.96. Caterpillar Inc. has a one year low of $282.46 and a one year high of $798.54. The company has a market capitalization of $359.43 billion, a P/E ratio of 41.05, a P/E/G ratio of 1.81 and a beta of 1.52. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.94 and a current ratio of 1.44.

Caterpillar (NYSE:CAT - Get Free Report) last released its earnings results on Thursday, January 29th. The industrial products company reported $5.16 earnings per share for the quarter, beating 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 net margin of 13.14% and a return on equity of 45.76%. The firm's revenue for the quarter was up 17.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $5.14 earnings per share. Sell-side analysts forecast that Caterpillar Inc. will post 19.86 EPS for the current fiscal year.

Caterpillar Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 19th. Stockholders of record on Monday, April 20th will be paid a $1.51 dividend. The ex-dividend date of this dividend is Monday, April 20th. This represents a $6.04 annualized dividend and a dividend yield of 0.8%. Caterpillar's dividend payout ratio is presently 32.09%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on CAT. Morgan Stanley raised their price target on shares of Caterpillar from $425.00 to $430.00 and gave the company an "underweight" rating in a research note on Wednesday. DA Davidson increased their price target on shares of Caterpillar from $569.00 to $650.00 and gave the stock a "neutral" rating in a research report on Monday, February 2nd. Argus boosted their target price on shares of Caterpillar from $625.00 to $820.00 and gave the stock a "buy" rating in a research note on Wednesday, February 11th. Raymond James Financial reissued a "market perform" rating on shares of Caterpillar in a report on Wednesday, January 7th. Finally, Jefferies Financial Group lifted their price objective on shares of Caterpillar from $825.00 to $900.00 and gave the company a "buy" rating in a research report on Wednesday. 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's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $751.45.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Citi raised its price target to $905, highlighting strength in North America and lifting buy-side momentum for CAT. Citigroup Increases Caterpillar NYSE: CAT Price Target to $905.00
• Positive Sentiment: Jefferies and Oppenheimer both upped targets (Jefferies to $900; Oppenheimer to $832), adding conviction from institutional research that supports further upside. Jefferies Adjusts Price Target on Caterpillar to 900 From 825; Maintains Buy Rating Oppenheimer Adjusts Price Target on Caterpillar to 832 From 817; Maintains Outperform Rating
• Positive Sentiment: Several bullish features argue for a much higher long‑term target (some analysts and outlets lay out paths to $1,000), supporting investor optimism about secular demand, digital initiatives and margin upside. Caterpillar Continues to Crush the Magnificent 7 — Here’s How It Gets to $1,000
• Positive Sentiment: High‑profile endorsements (e.g., Josh Brown) are increasing retail/investor interest in CAT as a cornerstone industrial growth name. Josh Brown's best stocks in the market: Caterpillar
• Neutral Sentiment: Caterpillar scheduled Q1 2026 results for April 30 — an upcoming catalyst that could validate recent bullishness or renew cyclical concerns. Caterpillar Inc. to Announce First-Quarter 2026 Financial Results on April 30
• Neutral Sentiment: Caterpillar acquired Monarch Technology (autonomous/electric tractor tech) — strategic for robotics/AG expansion but not yet proven at scale. This is a longer‑term growth play rather than an immediate revenue driver. Caterpillar acquires Monarch technology after electric tractor startup shuts down
• Negative Sentiment: Reports show Monarch had dealer/farmer complaints and operational issues; the acquisition and related headlines previously triggered a roughly 3% pullback in CAT, underscoring execution risk and short‑term volatility. Monarch Tractor’s collapse ends with an acquisition by Caterpillar Caterpillar (CAT) Stock Falls Amid Market Uptick: What Investors Need to Know

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.

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.