Envestnet Portfolio Solutions Inc. Raises Holdings in Caterpillar Inc. $CAT

Key Points

• Envestnet Portfolio Solutions increased its Caterpillar stake by 29.4% in the fourth quarter, ending with 11,651 shares valued at about $6.67 million.
• Caterpillar’s recent earnings beat expectations, reporting $5.54 EPS on revenue of $17.42 billion, with sales up 22.2% year over year.
• Wall Street sentiment remains constructive: several analysts raised price targets, and Caterpillar now has a Moderate Buy consensus with an average target of $923.14.

Envestnet Portfolio Solutions Inc. boosted its stake in shares of Caterpillar Inc. (NYSE:CAT - Free Report) by 29.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,651 shares of the industrial products company's stock after acquiring an additional 2,645 shares during the quarter. Envestnet Portfolio Solutions Inc.'s holdings in Caterpillar were worth $6,674,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of CAT. Gambit Capital Management LLC bought a new stake in Caterpillar in the 4th quarter worth $205,000. Sierra Ocean LLC bought a new stake in Caterpillar in the 4th quarter worth $204,000. Stronghold Wealth Management L.L.C. bought a new stake in Caterpillar in the 4th quarter worth $369,000. Entrust Financial LLC bought a new stake in Caterpillar in the 4th quarter worth $302,000. Finally, CDM Financial Counseling Services Inc. bought a new stake in Caterpillar in the 4th quarter worth $1,338,000. 70.98% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Caterpillar

In other news, CAO William E. Schaupp sold 360 shares of the business's stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $906.00, for a total value of $326,160.00. Following the sale, the chief accounting officer directly owned 530 shares of the company's stock, valued at $480,180. The trade was a 40.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Anthony D. Fassino sold 16,283 shares of the business's stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $916.80, for a total value of $14,928,254.40. Following the completion of the sale, the insider directly owned 46,041 shares in the company, valued at approximately $42,210,388.80. This represents a 26.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 100,551 shares of company stock worth $91,170,351. Company insiders own 0.33% of the company's stock.

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Zacks Research raised multiple Caterpillar earnings forecasts across 2026, 2027 and 2028, signaling stronger expected profitability and supporting a higher valuation for the stock.
• Positive Sentiment: Analysts also increased Caterpillar’s long-term fair value and price targets, reflecting improving growth expectations and suggesting Wall Street sees more upside than before.
• Positive Sentiment: Jim Cramer said Caterpillar is “integral to data center construction,” highlighting a new demand driver tied to AI infrastructure buildout, which could broaden the company’s growth narrative. Article Title
• Positive Sentiment: The company’s “Building Beyond” internship coverage spotlighted Caterpillar’s use of new AI, reinforcing investor interest in its technology and workforce development efforts. Article Title
• Neutral Sentiment: Caterpillar was mentioned in several stock-screening and watchlist articles for industrial, mining, and construction names, which adds visibility but does not by itself change fundamentals.
• Negative Sentiment: One story noted concerns around workforce and tariff issues at a Caterpillar-related facility, which could be a mild headwind if trade or labor costs intensify. Article Title

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Sanford C. Bernstein boosted their target price on Caterpillar from $769.00 to $879.00 and gave the company a "market perform" rating in a research note on Friday, May 1st. Rothschild & Co Redburn boosted their target price on Caterpillar from $700.00 to $950.00 and gave the company a "neutral" rating in a research note on Thursday, May 14th. Wells Fargo & Company boosted their target price on Caterpillar from $960.00 to $1,050.00 and gave the company an "overweight" rating in a research note on Friday, May 1st. JPMorgan Chase & Co. boosted their target price on Caterpillar from $860.00 to $1,125.00 and gave the company an "overweight" rating in a research note on Friday, May 1st. Finally, Jefferies Financial Group boosted their target price on Caterpillar from $900.00 to $1,045.00 and gave the company a "buy" 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 MarketBeat.com, Caterpillar has an average rating of "Moderate Buy" and an average price target of $923.14.

Caterpillar Stock Performance

Shares of Caterpillar stock opened at $873.91 on Thursday. The company has a current ratio of 1.35, a quick ratio of 0.81 and a debt-to-equity ratio of 1.64. The firm has a market capitalization of $402.52 billion, a P/E ratio of 43.50, a P/E/G ratio of 1.70 and a beta of 1.63. The business has a fifty day simple moving average of $785.30 and a two-hundred day simple moving average of $687.48. Caterpillar Inc. has a 12 month low of $336.24 and a 12 month high of $931.35.

Caterpillar (NYSE:CAT - Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The industrial products company reported $5.54 EPS for the quarter, beating the consensus estimate of $4.65 by $0.89. The business had revenue of $17.42 billion during the quarter, compared to analyst estimates of $16.53 billion. Caterpillar had a return on equity of 48.21% and a net margin of 13.33%.The company's revenue for the quarter was up 22.2% on a year-over-year basis. During the same quarter last year, the firm posted $4.25 earnings per share. On average, equities analysts forecast that Caterpillar Inc. will post 24.67 earnings per share for the current fiscal year.

Caterpillar Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 19th. Stockholders of record on Monday, April 20th were given a $1.51 dividend. This represents a $6.04 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, April 20th. Caterpillar's payout ratio is currently 30.06%.

About Caterpillar

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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