Cambient Family Office LLC Makes New $1.48 Million Investment in Caterpillar Inc. $CAT

Key Points

• Cambient Family Office LLC opened a new position in Caterpillar, buying 2,580 shares worth about $1.48 million in the fourth quarter.
• Caterpillar reported strong quarterly results, with EPS of $5.54 versus $4.65 expected and revenue of $17.41 billion, up 22.2% from a year earlier.
• The company also raised its quarterly dividend to $1.63 per share from $1.51, while analysts remain broadly bullish with a Moderate Buy consensus and a higher price target from JPMorgan.

Cambient Family Office LLC bought a new stake in shares of Caterpillar Inc. (NYSE:CAT - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 2,580 shares of the industrial products company's stock, valued at approximately $1,478,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. McLaughlin Asset Management Inc. purchased a new position in shares of Caterpillar in the 4th quarter worth $2,630,000. Capstone Wealth Management Inc. purchased a new stake in Caterpillar during the fourth quarter valued at $577,000. Wick Capital Partners LLC bought a new position in Caterpillar in the fourth quarter valued at about $1,880,000. Mcguire Capital Advisors Inc. bought a new position in Caterpillar in the fourth quarter valued at about $2,470,000. Finally, WealthPoint Financial LLC purchased a new position in Caterpillar in the fourth quarter worth about $363,000. 70.98% of the stock is owned by institutional investors.

Caterpillar Stock Up 3.3%

NYSE CAT opened at $987.79 on Friday. Caterpillar Inc. has a 52 week low of $357.73 and a 52 week high of $994.49. 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 company has a market capitalization of $454.97 billion, a P/E ratio of 49.17, a price-to-earnings-growth ratio of 1.89 and a beta of 1.59. The stock's 50-day moving average price is $870.74 and its 200-day moving average price is $738.63.

Caterpillar (NYSE:CAT - Get Free Report) last released its 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 net margin of 13.33% and a return on equity of 48.21%. The company had revenue of $17.41 billion during the quarter, compared to analyst estimates of $16.53 billion. During the same period in the prior year, the firm posted $4.25 EPS. The firm's quarterly revenue was up 22.2% compared to the same quarter last year. On average, equities research analysts predict that Caterpillar Inc. will post 24.62 earnings per share for the current year.

Caterpillar Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Monday, July 20th will be given a $1.63 dividend. The ex-dividend date is Monday, July 20th. This is an increase from Caterpillar's previous quarterly dividend of $1.51. This represents a $6.52 dividend on an annualized basis and a dividend yield of 0.7%. Caterpillar's dividend payout ratio (DPR) is currently 30.06%.

Insider Transactions at Caterpillar

In other news, insider Anthony D. Fassino sold 16,283 shares of the firm's stock in a transaction 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 sale, the insider directly owned 46,041 shares in the company, valued at $42,210,388.80. This trade represents a 26.13% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Andrew R. J. Bonfield sold 15,674 shares of Caterpillar stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $918.71, for a total transaction of $14,399,860.54. Following the transaction, the chief financial officer owned 52,935 shares in the company, valued at approximately $48,631,913.85. This trade represents a 22.85% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 95,773 shares of company stock valued at $87,642,635. Company insiders own 0.33% of the company's stock.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: JPMorgan raised its price target on Caterpillar to $1,165 from $1,125 and reiterated an overweight rating, reinforcing a bullish analyst outlook for the stock.
• Positive Sentiment: Analysts currently view Caterpillar as a “Moderate Buy,” suggesting Wall Street remains constructive on the company’s earnings and growth prospects.
• Positive Sentiment: Several writeups highlight Caterpillar as a blue-chip name benefiting from strong market momentum, with the stock featured among top industrial and Dow stocks to watch.
• Positive Sentiment: Investor interest is also being supported by Caterpillar’s recent dividend hike, which signals confidence in cash flow and capital returns.
• Positive Sentiment: Commentary around Caterpillar’s growing power generation business and its exposure to AI data-center infrastructure is improving the long-term growth story. Article: Caterpillar (CAT) Is Recasting Its Growth Story With A $63 Billion AI Backlog
• Neutral Sentiment: Some articles are simply repeating recent market strength and record-high Dow leadership, which supports sentiment but does not add new company-specific information.
• Negative Sentiment: One article references a legal/political dispute over the SEC’s Consolidated Audit Trail, but this appears to concern the CAT data system rather than Caterpillar Inc., so it is not a meaningful fundamental driver for the stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Truist Financial set a $1,043.00 price target on shares of Caterpillar in a research report on Friday, May 1st. Wolfe Research raised their price objective on shares of Caterpillar from $670.00 to $750.00 and gave the stock an "outperform" rating in a report on Tuesday, March 31st. Rothschild & Co Redburn boosted their target price on shares of Caterpillar from $700.00 to $950.00 and gave the company a "neutral" rating in a research report on Thursday, May 14th. Bank of America upped their target price on shares of Caterpillar from $930.00 to $989.00 and gave the company a "buy" rating in a report on Friday, May 1st. Finally, Daiwa Securities Group lifted their price target on shares of Caterpillar from $790.00 to $900.00 and gave the stock a "neutral" rating in a research note on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $935.09.

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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