Caterpillar Inc. $CAT Shares Bought by Van Hulzen Asset Management LLC

Key Points

• Van Hulzen Asset Management increased its Caterpillar position by 85.3% in the second quarter, purchasing 1,293 additional shares and bringing its holdings to 2,809 shares valued at approximately $2.99 million. Institutional investors collectively own about 70.98% of CAT.
• Analysts remain broadly positive, with Caterpillar holding a “Moderate Buy” consensus rating and an average price target of $994.17. Recent targets range from $882 to $1,165.
• Caterpillar reported strong quarterly results, including $8.17 in adjusted EPS and $20.54 billion in revenue, beating estimates and marking 23.7% year-over-year revenue growth. However, CEO Joseph Creed sold 32,401 shares worth about $26.2 million, reducing his position by 48.39%.

Van Hulzen Asset Management LLC raised its position in shares of Caterpillar Inc. (NYSE:CAT - Free Report) by 85.3% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,809 shares of the industrial products company's stock after purchasing an additional 1,293 shares during the quarter. Van Hulzen Asset Management LLC's holdings in Caterpillar were worth $2,991,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. MCF Advisors LLC raised its stake in shares of Caterpillar by 69.0% in the second quarter. MCF Advisors LLC now owns 6,733 shares of the industrial products company's stock worth $7,170,000 after purchasing an additional 2,750 shares during the last quarter. Bienville Capital Management LLC purchased a new stake in Caterpillar in the second quarter valued at approximately $345,000. Archford Capital Strategies LLC increased its holdings in Caterpillar by 6.8% in the 2nd quarter. Archford Capital Strategies LLC now owns 1,069 shares of the industrial products company's stock worth $1,138,000 after buying an additional 68 shares during the period. National Pension Service raised its position in Caterpillar by 2.2% during the 2nd quarter. National Pension Service now owns 1,010,122 shares of the industrial products company's stock worth $1,075,679,000 after buying an additional 21,406 shares during the last quarter. Finally, Summit Financial Strategies Inc. lifted its stake in Caterpillar by 2.8% during the 2nd quarter. Summit Financial Strategies Inc. now owns 2,004 shares of the industrial products company's stock valued at $2,134,000 after acquiring an additional 55 shares during the period. 70.98% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on CAT. Zacks Research upgraded shares of Caterpillar from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, August 12th. Needham & Company LLC set a $980.00 target price on shares of Caterpillar in a research report on Thursday, September 10th. Barclays upped their price target on shares of Caterpillar from $800.00 to $900.00 and gave the company an "equal weight" rating in a report on Thursday, August 6th. DA Davidson lifted their price objective on Caterpillar from $845.00 to $882.00 and gave the company a "neutral" rating in a research note on Thursday, August 6th. Finally, JPMorgan Chase & Co. boosted their price objective on Caterpillar from $1,125.00 to $1,165.00 and gave the company an "overweight" rating in a report on Wednesday, June 17th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $994.17.

Insider Activity at Caterpillar

In related news, CEO Joseph E. Creed sold 32,401 shares of Caterpillar stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $808.98, for a total value of $26,211,760.98. Following the completion of the transaction, the chief executive officer owned 34,555 shares in the company, valued at $27,954,303.90. The trade was a 48.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.33% of the stock is owned by company insiders.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar’s reported $72 billion order book is nearly as large as its $74.7 billion in trailing-twelve-month revenue, providing meaningful visibility if construction and infrastructure demand remain healthy. Should You Buy Caterpillar Stock With an Order Book Almost as Big as Its Annual Revenue?
• Positive Sentiment: Analysts and investment commentary continue to identify CAT as a beneficiary of data-center and AI-related capital spending, while also emphasizing its industrial diversification, earnings execution and dividend appeal. How Caterpillar Drives Sector-Leading Performance Beyond AI Models
• Positive Sentiment: Luck Stone is expanding Caterpillar’s autonomous hauling technology to two additional Virginia quarries after trucks moved more than 3.5 million tons during an 18-month deployment. The expansion supports CAT’s longer-term automation and productivity strategy. Luck Stone Builds on Autonomous Hauling Success with Caterpillar
• Positive Sentiment: Zacks added CAT to its Rank #1 Strong Buy and momentum lists, and separately included it among wide-moat stocks with durable competitive advantages. Best Momentum Stocks to Buy for September 14th
• Neutral Sentiment: The investment case depends on whether construction demand slows and whether AI/data-center orders prove durable. CAT’s valuation remains elevated, making the stock more sensitive to evidence of weaker future growth.
• Negative Sentiment: The recent decline in CAT and other industrial shares reflects concern that the data-center power and AI infrastructure trade may be unwinding, increasing near-term volatility despite the company’s strong backlog. Caterpillar Falls While Deere Edges Higher

Caterpillar Stock Performance

CAT opened at $782.57 on Wednesday. The company has a debt-to-equity ratio of 1.65, a current ratio of 1.37 and a quick ratio of 0.85. The firm has a fifty day moving average price of $846.69 and a 200 day moving average price of $841.12. Caterpillar Inc. has a 1 year low of $434.28 and a 1 year high of $1,073.46. The stock has a market cap of $359.73 billion, a P/E ratio of 33.67, a P/E/G ratio of 1.36 and a beta of 1.60.

Caterpillar (NYSE:CAT - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $8.17 EPS for the quarter, beating the consensus estimate of $6.22 by $1.95. Caterpillar had a net margin of 14.51% and a return on equity of 55.53%. The company had revenue of $20.54 billion for the quarter, compared to analyst estimates of $19.34 billion. During the same quarter last year, the business earned $4.72 earnings per share. The firm's revenue was up 23.7% on a year-over-year basis. Equities research analysts anticipate that Caterpillar Inc. will post 27.37 earnings per share for the current year.

About Caterpillar

Caterpillar Inc is a global manufacturer of construction, mining, and industrial equipment. The company's products include excavators, dozers, wheel loaders, motor graders, articulated trucks, and off-highway trucks, as well as related attachments and work tools. Caterpillar also supplies replacement parts, equipment services, technology solutions, and rental support through its dealer network.

The company serves customers in construction, mining, quarrying, energy, transportation, forestry, agriculture, and government-related industries.

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