Caterpillar Inc. $CAT Shares Sold by Swedbank AB

Key Points

• Swedbank AB cut its stake by 38.2% in Q4, selling 131,935 Caterpillar shares and leaving the firm with 213,476 shares valued at about $122.3 million.
• Caterpillar beat Q1 expectations, reporting $5.54 EPS vs. $4.65 consensus and $17.42B revenue (up 22.2% YoY), which has prompted analyst price‑target raises and helped push the stock toward its 52‑week high.
• Notable insider selling occurred recently — CEO Joseph E. Creed and other insiders sold shares (55,375 shares totaling ~$42.5M over three months), leaving insiders with just 0.33% ownership.

Swedbank AB reduced its position in shares of Caterpillar Inc. (NYSE:CAT - Free Report) by 38.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 213,476 shares of the industrial products company's stock after selling 131,935 shares during the period. Swedbank AB's holdings in Caterpillar were worth $122,294,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Torren Management LLC purchased a new position in shares of Caterpillar during the 4th quarter valued at approximately $27,000. IFS Advisors LLC bought a new position in Caterpillar during the 4th quarter valued at $31,000. Rialto Wealth Management LLC increased its position 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 during the last quarter. Marquette Asset Management LLC raised its stake 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 valued at $28,000 after purchasing an additional 53 shares in the last quarter. Finally, Noble Wealth Management PBC grew its stake in Caterpillar by 140.0% in the fourth quarter. Noble Wealth Management PBC now owns 60 shares of the industrial products company's stock worth $34,000 after purchasing an additional 35 shares in the last quarter. Hedge funds and other institutional investors own 70.98% of the company's stock.

Insider Activity at Caterpillar

In other news, CEO Joseph E. Creed sold 2,500 shares of the firm's stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $718.93, for a total transaction of $1,797,325.00. Following the transaction, the chief executive officer directly owned 35,083 shares of the company's stock, valued at approximately $25,222,221.19. This trade represents a 6.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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 transaction of $6,130,517.90. Following the completion of the sale, the insider directly owned 46,643 shares of the company's stock, valued at $36,236,946.70. The trade was a 14.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 55,375 shares of company stock valued at $42,494,287. 0.33% of the stock is owned by corporate insiders.

Caterpillar Trading Up 2.5%

Caterpillar stock opened at $927.22 on Thursday. Caterpillar Inc. has a 52-week low of $318.11 and a 52-week high of $930.54. 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 firm has a market capitalization of $427.07 billion, a price-to-earnings ratio of 46.15, a PEG ratio of 1.85 and a beta of 1.63. The firm has a 50-day moving average price of $753.19 and a two-hundred day moving average price of $662.31.

Caterpillar (NYSE:CAT - Get Free Report) last issued its quarterly earnings data 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 return on equity of 48.21% and a net margin of 13.33%.The business had revenue of $17.42 billion during 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 business's revenue was up 22.2% on a year-over-year basis. Sell-side analysts expect that Caterpillar Inc. will post 23.84 earnings per share for the current year.

Caterpillar Dividend Announcement

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

Analyst Ratings Changes

A number of research analysts have commented on CAT shares. Royal Bank Of Canada increased their target price on Caterpillar from $587.00 to $658.00 and gave the stock a "sector perform" rating in a report on Friday, January 30th. Daiwa Securities Group boosted their target price on shares of Caterpillar from $790.00 to $900.00 and gave the company a "neutral" rating in a research note on Friday, May 1st. HSBC raised their price target on shares of Caterpillar from $850.00 to $1,100.00 in a research report on Tuesday. CICC Research started coverage on shares of Caterpillar in a research note on Friday, February 6th. They set an "outperform" rating on the stock. Finally, Oppenheimer set a $980.00 target price on Caterpillar and gave the company an "outperform" rating in a research note on Friday, May 1st. Sixteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $890.27.

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Q1 results and backlog: CAT reported revenue and EPS well above expectations and management flagged rising backlog and a constructive outlook — the core earnings beat remains the primary driver of momentum. Read More.
• Positive Sentiment: Analyst upgrades / bigger price targets: Multiple firms raised targets (Argus to $990 with a buy rating; HSBC raised its target sharply). These raises validate the stronger outlook and support re‑rating. Read More.
• Positive Sentiment: AI / data‑center narrative re‑rating the stock: Coverage framing CAT as an AI‑infrastructure beneficiary (generators, power systems, site construction) is attracting thematic buyers and helping push multiples higher. Read More.
• Positive Sentiment: Corporate wins and product traction: New commercial deployments of Cat autonomy and electric power products (e.g., Carmeuse selecting CAT autonomous hauling) support incremental revenue diversification. Read More.
• Positive Sentiment: Insider buy (supportive signal): Director David Maclennan purchased 250 shares, a modest but positive insider action that can reassure some investors. Read More.
• Neutral Sentiment: Mixed analyst nuance: DA Davidson raised its target to $845 but kept a Neutral rating — shows some analysts see upside but also limited near‑term stretch from current levels. Read More.
• Neutral Sentiment: Heavy media attention & options flow: Trending coverage and increased options activity are amplifying volatility and momentum; these raise trading volume but don’t necessarily change fundamentals. Read More.
• Negative Sentiment: Large insider sales: Two reported insider sales (including ~5.6k shares by Jason Kaiser and another ~5.6k by Rodney Shurman) reduce insider ownership and may concern some investors about near‑term profit‑taking. Read More.

Caterpillar 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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