Caterpillar Inc. $CAT Shares Sold by Alpha Cubed Investments LLC

Key Points

• Alpha Cubed Investments cut its stake in Caterpillar by 22.1%, selling 35,526 shares and leaving 125,238 shares worth about $71.7 million (Caterpillar is ~2.5% of its holdings).
• Significant insider selling occurred recently — insiders sold 49,736 shares over the last 90 days (notable sales: Bob De Lange 22,656 shares at $720.11; Anthony Fassino 7,891 shares at $776.90), totaling roughly $37.4 million.
• Caterpillar beat Q1 estimates with EPS $5.54 vs. $4.65 and revenue $17.42 billion (up 22.2% year‑over‑year); analysts raised targets and the company announced a $1.51 quarterly dividend (annualized $6.04, ~0.7% yield).

Alpha Cubed Investments LLC decreased its position in Caterpillar Inc. (NYSE:CAT - Free Report) by 22.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 125,238 shares of the industrial products company's stock after selling 35,526 shares during the quarter. Caterpillar accounts for approximately 2.5% of Alpha Cubed Investments LLC's holdings, making the stock its 16th largest position. Alpha Cubed Investments LLC's holdings in Caterpillar were worth $71,745,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Morse Asset Management Inc raised its stake in Caterpillar by 3.3% during the 4th quarter. Morse Asset Management Inc now owns 1,843 shares of the industrial products company's stock valued at $1,056,000 after acquiring an additional 59 shares in the last quarter. Christine Messmer PC bought a new stake in Caterpillar during the 4th quarter valued at $650,000. Primoris Wealth Advisors LLC bought a new stake in Caterpillar during the 4th quarter valued at $1,298,000. Falcon Wealth Planning bought a new stake in Caterpillar during the 4th quarter valued at $300,000. Finally, Adirondack Capital Advisors LLC bought a new stake in Caterpillar during the 4th quarter valued at $286,000. Institutional investors and hedge funds own 70.98% of the company's stock.

Insider Buying and Selling

In other news, insider Lange Bob De sold 22,656 shares of the company's stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $720.11, for a total transaction of $16,314,812.16. Following the completion of the sale, the insider owned 79,953 shares in the company, valued at approximately $57,574,954.83. This represents a 22.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Anthony D. Fassino sold 7,891 shares of the company's stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $776.90, for a total value of $6,130,517.90. Following the sale, the insider owned 46,643 shares of the company's stock, valued at approximately $36,236,946.70. This trade represents a 14.47% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 49,736 shares of company stock worth $37,401,255. Insiders own 0.33% of the company's stock.

Caterpillar Stock Performance

Shares of NYSE CAT opened at $904.60 on Wednesday. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.35 and a quick ratio of 0.81. Caterpillar Inc. has a one year low of $318.11 and a one year high of $908.90. The business's 50-day moving average price is $749.76 and its two-hundred day moving average price is $659.59. The company has a market capitalization of $416.65 billion, a P/E ratio of 45.03, a price-to-earnings-growth ratio of 1.80 and a beta of 1.63.

Caterpillar (NYSE:CAT - Get Free Report) last issued its earnings results on Thursday, April 30th. The industrial products company reported $5.54 earnings per share for the quarter, topping the consensus estimate of $4.65 by $0.89. Caterpillar had a return on equity of 48.21% and a net margin of 13.33%.The company had revenue of $17.42 billion for 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 business's revenue was up 22.2% compared to the same quarter last year. Analysts anticipate that Caterpillar Inc. will post 23.68 earnings per share for the current fiscal year.

Caterpillar Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 19th. Shareholders of record on Monday, April 20th will be given a $1.51 dividend. This represents a $6.04 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Monday, April 20th. Caterpillar's dividend payout ratio is presently 30.06%.

Wall Street Analysts Forecast Growth

CAT has been the topic of several recent analyst reports. Barclays lifted their target price on Caterpillar from $700.00 to $800.00 and gave the company an "equal weight" rating in a research note on Friday. Bank of America boosted their price objective on Caterpillar from $930.00 to $989.00 and gave the stock a "buy" rating in a research note on Friday, May 1st. Wells Fargo & Company boosted their price objective on Caterpillar from $960.00 to $1,050.00 and gave the stock an "overweight" rating in a research note on Friday, May 1st. Robert W. Baird boosted their price objective on Caterpillar from $940.00 to $1,165.00 and gave the stock an "outperform" rating in a research note on Friday, May 1st. Finally, Williams Trading set a $825.00 price objective on Caterpillar in a research note on Tuesday, March 10th. Sixteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $878.91.

Key Stories Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Q1 earnings and outlook: CAT posted a sizable Q1 beat, with revenue and EPS above estimates and rising backlog, which underpins management’s constructive outlook and is a primary driver of investor enthusiasm. Should You Buy, Sell or Hold Caterpillar Stock Post Q1 Earnings?
• Positive Sentiment: Analyst upgrade/price target lift: Argus raised its price target to $990 and maintained a buy rating, providing fresh analyst support that helps justify higher multiples. Argus adjusts price target on Caterpillar to $990
• Positive Sentiment: AI / data‑center narrative: Multiple outlets are framing Caterpillar as an AI‑infrastructure beneficiary (power, generators, hyperscale demand), which has re-rated the stock and attracted momentum buying. This thematic shift is amplifying gains beyond cyclical construction/mining drivers. Industrial-Strength Rally: Why Caterpillar Is Up 53%...
• Positive Sentiment: Corporate wins / tech sales: Carmeuse selected Caterpillar’s autonomous hauling solution (adoption of CAT autonomy in mining/quarrying) and Cat’s electric power products are gaining spotlight—both support incremental revenue and product diversification. Carmeuse selects Caterpillar’s autonomous hauling solution
• Positive Sentiment: Director buy: Director David Maclennan purchased 250 shares, a modest insider buy that provides a supportive signal to investors. SEC filing: Director purchase
• Neutral Sentiment: Mixed analyst posture: DA Davidson raised its price target but maintained a neutral rating, suggesting some analysts see limited near‑term upside from current levels. DA Davidson adjusts price target on Caterpillar to $845
• Neutral Sentiment: Options and media attention: Rising options activity and extensive media coverage (trending pieces, Zacks features) are increasing short‑term volatility and attention but don’t change fundamentals by themselves. Do Options Traders Know Something About Caterpillar Stock?
• Negative Sentiment: Insider sale: An insider (Jason Kaiser) sold 5,642 shares for roughly $5M, trimming his position by ~37%, which some investors may view as a cautionary signal despite other positive indicators. SEC filing: Insider sale

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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