Caterpillar Inc. $CAT Holdings Increased by Robertson Stephens Wealth Management LLC

Key Points

• Robertson Stephens Wealth Management raised its stake in Caterpillar by 86.2%, now owning 22,475 shares worth about $12.88 million after buying an additional 10,406 shares in Q4.
• Caterpillar beat Q1 estimates with $5.54 EPS vs. $4.65 expected and $17.42B revenue vs. $16.53B expected (revenue up 22.2%) and reported a record backlog, prompting analyst upgrades and higher price targets amid rising AI/data‑center demand (average target ~$854.86; some targets up to $1,165).
• Company insiders sold a total of 125,950 shares valued at about $88.6 million in the past three months, leaving insider ownership at roughly 0.33%.

Robertson Stephens Wealth Management LLC grew its stake in shares of Caterpillar Inc. (NYSE:CAT - Free Report) by 86.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,475 shares of the industrial products company's stock after buying an additional 10,406 shares during the quarter. Robertson Stephens Wealth Management LLC's holdings in Caterpillar were worth $12,876,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in CAT. Torren Management LLC bought a new stake in shares of Caterpillar in the 4th quarter worth approximately $27,000. Marquette Asset Management LLC raised its holdings in shares of Caterpillar by 1,060.0% in the 3rd quarter. Marquette Asset Management LLC now owns 58 shares of the industrial products company's stock worth $28,000 after purchasing an additional 53 shares in the last quarter. IFS Advisors LLC bought a new stake in shares of Caterpillar in the 4th quarter worth approximately $31,000. Joseph Group Capital Management bought a new stake in shares of Caterpillar in the 3rd quarter worth approximately $32,000. Finally, Rialto Wealth Management LLC raised its holdings in shares of Caterpillar by 47.4% in the 4th quarter. Rialto Wealth Management LLC now owns 56 shares of the industrial products company's stock worth $32,000 after purchasing an additional 18 shares in the last quarter. 70.98% of the stock is currently owned by institutional investors.

Caterpillar Stock Performance

Caterpillar stock opened at $890.15 on Friday. The firm's 50 day simple moving average is $746.86 and its 200-day simple moving average is $655.04. Caterpillar Inc. has a fifty-two week low of $318.11 and a fifty-two week high of $905.00. The company has a market cap of $414.18 billion, a P/E ratio of 47.30, a price-to-earnings-growth ratio of 2.05 and a beta of 1.63. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.35 and a quick ratio of 0.94.

Caterpillar (NYSE:CAT - Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The industrial products company reported $5.54 EPS for the quarter, beating analysts' consensus estimates of $4.65 by $0.89. Caterpillar had a net margin of 13.33% and a return on equity of 48.21%. The firm had revenue of $17.42 billion for the quarter, compared to the consensus estimate of $16.53 billion. During the same period in the previous year, the firm posted $4.25 earnings per share. The firm's revenue was up 22.2% on a year-over-year basis. As a group, equities research analysts predict that Caterpillar Inc. will post 22.89 EPS for the current year.

Caterpillar Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 19th. Investors of record on Monday, April 20th will be given a dividend of $1.51 per share. The ex-dividend date of this dividend is Monday, April 20th. This represents a $6.04 dividend on an annualized basis and a yield of 0.7%. Caterpillar's payout ratio is presently 32.09%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Oppenheimer set a $980.00 target price on shares of Caterpillar and gave the stock an "outperform" rating in a report on Friday. Morgan Stanley set a $915.00 target price on shares of Caterpillar and gave the stock an "equal weight" rating in a research report on Friday. Robert W. Baird lifted their target price on shares of Caterpillar from $940.00 to $1,165.00 and gave the stock an "outperform" rating in a research report on Friday. Truist Financial set a $1,043.00 target price on shares of Caterpillar in a research report on Friday. Finally, Rothschild & Co Redburn lifted their target price on shares of Caterpillar from $650.00 to $700.00 and gave the stock a "neutral" rating in a research report on Wednesday, February 4th. Sixteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $854.86.

Insider Activity

In related news, insider Denise C. Johnson sold 39,138 shares of the business's stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $681.08, for a total transaction of $26,656,109.04. Following 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 sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Anthony D. Fassino sold 10,671 shares of the business's stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $680.45, for a total transaction of $7,261,081.95. Following the transaction, the insider directly owned 41,151 shares in the company, valued at $28,001,197.95. The trade was a 20.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 125,950 shares of company stock valued at $88,577,390 in the last three months. 0.33% of the stock is currently owned by insiders.

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

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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