Caterpillar Inc. $CAT Position Boosted by TD Waterhouse Canada Inc.

Key Points

• TD Waterhouse Canada boosted its stake in Caterpillar by 63.2% in Q4 to 101,065 shares worth about $57.9 million (13F filing).
• Insiders sold heavily in the quarter — 125,950 shares worth $88.6 million were sold, including Lange Bob De’s 22,656‑share sale (~$16.3 million); insiders now hold just 0.33% of the stock.
• Analysts are broadly positive: Oppenheimer raised its target to $832 (outperform) and the consensus is a "Moderate Buy" with an average target of $751.45; Caterpillar also beat Q4 EPS/revenue and declared a $1.51 quarterly dividend (yield ~0.8%).

TD Waterhouse Canada Inc. raised its holdings in shares of Caterpillar Inc. (NYSE:CAT - Free Report) by 63.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 101,065 shares of the industrial products company's stock after acquiring an additional 39,144 shares during the quarter. TD Waterhouse Canada Inc.'s holdings in Caterpillar were worth $57,887,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Revolve Wealth Partners LLC grew its stake in Caterpillar by 2.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 681 shares of the industrial products company's stock valued at $390,000 after acquiring an additional 16 shares in the last quarter. Security Financial Services INC. grew its stake in Caterpillar by 0.4% during the 4th quarter. Security Financial Services INC. now owns 3,609 shares of the industrial products company's stock valued at $2,068,000 after acquiring an additional 16 shares in the last quarter. KWB Wealth grew its stake in Caterpillar by 3.2% during the 4th quarter. KWB Wealth now owns 549 shares of the industrial products company's stock valued at $315,000 after acquiring an additional 17 shares in the last quarter. Montecito Bank & Trust lifted its holdings in shares of Caterpillar by 0.5% during the 4th quarter. Montecito Bank & Trust now owns 3,362 shares of the industrial products company's stock valued at $1,926,000 after buying an additional 17 shares during the last quarter. Finally, Hilltop Partners LLC lifted its holdings in shares of Caterpillar by 3.0% during the 4th quarter. Hilltop Partners LLC now owns 591 shares of the industrial products company's stock valued at $338,000 after buying an additional 17 shares during the last quarter. Hedge funds and other institutional investors own 70.98% of the company's stock.

Insider Transactions at Caterpillar

In related news, insider Lange Bob De sold 22,656 shares of the business's stock in a transaction that occurred 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 sale, the insider directly owned 79,953 shares in the company, valued at approximately $57,574,954.83. The trade was a 22.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO William E. Schaupp sold 972 shares of the company's stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $764.20, for a total value of $742,802.40. Following the transaction, the chief accounting officer owned 824 shares of the company's stock, valued at approximately $629,700.80. This trade represents a 54.12% 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. 0.33% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Robert W. Baird set a $805.00 price target on Caterpillar in a report on Friday, January 30th. Oppenheimer lifted their price target on Caterpillar from $817.00 to $832.00 and gave the company an "outperform" rating in a report on Tuesday, April 14th. Raymond James Financial reiterated a "market perform" rating on shares of Caterpillar in a report on Wednesday, January 7th. Williams Trading set a $825.00 price target on Caterpillar in a report on Tuesday, March 10th. Finally, CICC Research assumed coverage on Caterpillar in a report on Friday, February 6th. They set an "outperform" rating for the company. Sixteen investment 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 data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $751.45.

Key Headlines Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analyst price-target lift — an outlet reported a new $832 price target for CAT, which likely helped push optimism among investors. Caterpillar NYSE: CAT Price Target Raised to $832.00
• Positive Sentiment: Bullish research/narrative upgrade — several analyst and media pieces argue CAT’s mix of digital initiatives, buybacks/dividends and a strong cycle could push the stock much higher over time. This lifts investor expectations for upside. Caterpillar Continues to Crush the Magnificent 7 — Here’s How It Gets to $1,000
• Positive Sentiment: Strategic tech acquisition — Caterpillar acquired Monarch (an electric/autonomous tractor startup), signaling a push into robotics/automation that investors view as a long-term growth/differentiation play. Caterpillar acquires self-driving 'Tesla of agriculture,' stock up 30% this year
• Positive Sentiment: Dividend and income appeal — CAT is showing up on lists of strong-performing dividend stocks, which can widen its investor base among income-focused and dividend-growth buyers. These Red Hot AI Infrastructure Stocks Keep Paying Dividends
• Neutral Sentiment: Earnings catalyst ahead — Caterpillar will report Q1 results on April 30; the release is a near-term event that could validate or reverse current sentiment. Caterpillar Inc. to Announce First-Quarter 2026 Financial Results on April 30
• Neutral Sentiment: Macro/ETF flow support — commentary on Dow ETF (DIA) and blue‑chip rotation suggests index/ETF flows are supporting demand for CAT as a large-cap industrial. A Diamond Quality Entry in DIA ETF, or Is It Time to Get Out? (CAT)
• Negative Sentiment: Acquisition execution risk — reporting shows Monarch struggled (dealer/farmer complaints, co‑founder disputes and shutdown) before the sale, raising integration and technology-risk questions for investors. Monarch Tractor’s collapse ends with an acquisition by Caterpillar
• Negative Sentiment: Valuation and cyclicality concerns — some analysts still flag CAT’s premium valuation and exposure to the construction/equipment cycle as risks that could cap gains if demand cools. Why The Caterpillar (CAT) Narrative Is Shifting As Price Targets Rise And Cycle Risks Stay In Focus

Caterpillar Stock Up 0.0%

CAT opened at $794.75 on Monday. The business has a 50 day moving average price of $735.24 and a 200 day moving average price of $636.39. Caterpillar Inc. has a twelve month low of $282.46 and a twelve month high of $801.77. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.94 and a current ratio of 1.44. The firm has a market cap of $369.79 billion, a P/E ratio of 42.23, a price-to-earnings-growth ratio of 1.86 and a beta of 1.52.

Caterpillar (NYSE:CAT - Get Free Report) last posted its earnings results on Thursday, January 29th. The industrial products company reported $5.16 earnings per share for the quarter, topping the consensus estimate of $4.67 by $0.49. Caterpillar had a return on equity of 45.76% and a net margin of 13.14%.The firm had revenue of $19.13 billion during the quarter, compared to analyst estimates of $17.81 billion. During the same period in the previous year, the company earned $5.14 EPS. The company's revenue for the quarter was up 17.9% on a year-over-year basis. Research analysts forecast that Caterpillar Inc. will post 19.86 EPS for the current year.

Caterpillar Dividend Announcement

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

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.

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.