Caterpillar Inc. $CAT Stock Holdings Lifted by Cambridge Investment Research Advisors Inc.

Key Points

• Cambridge Investment Research Advisors increased its Caterpillar stake by 2.9% in the fourth quarter, ending with 213,923 shares valued at about $122.6 million.
• Institutional ownership remains heavy, with hedge funds and other investors holding about 70.98% of Caterpillar’s stock; several firms, including Wellington and MFS, also sharply boosted their positions.
• Analysts are increasingly bullish on Caterpillar after a strong earnings report, with multiple firms raising price targets and the stock supported by factors like infrastructure spending, data-center power demand, and ongoing hiring plans.

Cambridge Investment Research Advisors Inc. raised its position in Caterpillar Inc. (NYSE:CAT - Free Report) by 2.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 213,923 shares of the industrial products company's stock after purchasing an additional 5,940 shares during the quarter. Cambridge Investment Research Advisors Inc.'s holdings in Caterpillar were worth $122,550,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CAT. Wellington Management Group LLP lifted its position in shares of Caterpillar by 3,949.8% in the third quarter. Wellington Management Group LLP now owns 5,228,058 shares of the industrial products company's stock worth $2,494,568,000 after buying an additional 5,098,964 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position in shares of Caterpillar by 1,851.8% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,830,414 shares of the industrial products company's stock worth $873,382,000 after buying an additional 1,736,631 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Caterpillar by 573.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,504,612 shares of the industrial products company's stock worth $861,947,000 after buying an additional 1,281,087 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of Caterpillar by 20.7% in the third quarter. Bank of New York Mellon Corp now owns 3,553,930 shares of the industrial products company's stock worth $1,695,757,000 after buying an additional 609,023 shares during the last quarter. Finally, Amundi lifted its position in shares of Caterpillar by 24.3% in the third quarter. Amundi now owns 2,375,710 shares of the industrial products company's stock worth $1,176,870,000 after buying an additional 464,036 shares during the last quarter. Hedge funds and other institutional investors own 70.98% of the company's stock.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Rothschild & Co Redburn lifted its price target on Caterpillar to $950 from $700, signaling continued upside potential despite keeping a neutral rating. Rothschild & Co Redburn adjusts price target on Caterpillar to $950 from $700, maintains neutral rating
• Positive Sentiment: Commentary from Jim Cramer called Caterpillar “a buy,” citing oil and gas exposure, infrastructure spending, and AI data-center power demand as potential tailwinds. Jim Cramer Says Caterpillar Is a Buy
• Positive Sentiment: Caterpillar said it is hiring 600 workers at its Sanford, North Carolina plant to support compact track loader production, suggesting strong demand and added manufacturing activity. Caterpillar hiring 600 jobs at Sanford plant
• Positive Sentiment: Industry research on Saudi Arabia’s construction equipment market pointed to Caterpillar as a key player in a market expected to grow steadily through 2030, supported by large infrastructure projects. Saudi Arabia Construction Equipment Industry Research 2026-2031 Featuring Caterpillar

Caterpillar Price Performance

NYSE CAT opened at $888.90 on Friday. Caterpillar Inc. has a twelve month low of $336.24 and a twelve month high of $931.35. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.81 and a current ratio of 1.35. The stock has a market capitalization of $409.42 billion, a PE ratio of 44.25, a P/E/G ratio of 1.77 and a beta of 1.63. The stock has a 50-day simple moving average of $775.21 and a 200 day simple moving average of $680.05.

Caterpillar (NYSE:CAT - Get Free Report) last posted its quarterly earnings data 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 business had revenue of $17.42 billion during the quarter, compared to analysts' expectations of $16.53 billion. During the same quarter in the previous year, the firm earned $4.25 EPS. The firm's revenue was up 22.2% compared to the same quarter last year. Research analysts anticipate that Caterpillar Inc. will post 24.48 EPS for the current year.

Caterpillar Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Citigroup boosted their price target on Caterpillar from $905.00 to $1,020.00 and gave the stock a "buy" rating in a research report on Friday, May 1st. Wells Fargo & Company boosted their price target on Caterpillar from $960.00 to $1,050.00 and gave the stock an "overweight" rating in a research report on Friday, May 1st. Robert W. Baird boosted their price target on Caterpillar from $940.00 to $1,165.00 and gave the stock an "outperform" rating in a research report on Friday, May 1st. JPMorgan Chase & Co. boosted their price target on Caterpillar from $860.00 to $1,125.00 and gave the stock an "overweight" rating in a research report on Friday, May 1st. Finally, HSBC boosted their price objective on Caterpillar from $850.00 to $1,100.00 in a research report on Tuesday, May 5th. Sixteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, Caterpillar currently has a consensus rating of "Moderate Buy" and an average target price of $923.14.

Insider Transactions at Caterpillar

In other Caterpillar news, CFO Andrew R. J. Bonfield sold 15,674 shares of the company's stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $918.71, for a total value of $14,399,860.54. Following the completion of the transaction, the chief financial officer owned 52,935 shares of the company's stock, valued at $48,631,913.85. This represents a 22.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Anthony D. Fassino sold 16,283 shares of the company's stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $916.80, for a total value of $14,928,254.40. Following the completion of the transaction, the insider directly owned 46,041 shares of the company's stock, valued at approximately $42,210,388.80. This trade represents a 26.13% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 103,287 shares of company stock worth $93,259,774. 0.33% of the stock is currently owned by company insiders.

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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