Evolve Private Wealth LLC Lowers Position in Caterpillar Inc. $CAT

Key Points

• Evolve Private Wealth LLC cut its Caterpillar stake by 28.1% in the first quarter, selling 3,213 shares and leaving it with 8,202 shares valued at about $5.81 million.
• Caterpillar reported strong quarterly results, with EPS of $5.54 beating estimates and revenue of $17.41 billion topping expectations, while revenue rose 22.2% year over year.
• The company raised its quarterly dividend to $1.63 per share from $1.51, even as several insiders sold shares and analysts maintained a generally bullish view with an average rating of Moderate Buy.

Evolve Private Wealth LLC trimmed its position in shares of Caterpillar Inc. (NYSE:CAT - Free Report) by 28.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,202 shares of the industrial products company's stock after selling 3,213 shares during the quarter. Evolve Private Wealth LLC's holdings in Caterpillar were worth $5,811,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Torren Management LLC bought a new stake in shares of Caterpillar during the fourth quarter valued at approximately $27,000. Frazier Financial Advisors LLC raised its holdings in Caterpillar by 220.0% in the fourth quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company's stock worth $28,000 after purchasing an additional 33 shares in the last quarter. IFS Advisors LLC purchased a new position in Caterpillar during the fourth quarter valued at $31,000. Rialto Wealth Management LLC boosted its holdings in shares of Caterpillar by 47.4% during the 4th quarter. Rialto Wealth Management LLC now owns 56 shares of the industrial products company's stock valued at $32,000 after buying an additional 18 shares in the last quarter. Finally, Cornerstone Financial Management LLC bought a new stake in shares of Caterpillar during the 4th quarter valued at $32,000. Institutional investors own 70.98% of the company's stock.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar was highlighted by Zacks as one of five non-tech “wide moat” stocks to own for a stable second half of 2026, reinforcing the view that CAT has durable competitive advantages and can be a defensive portfolio holding. Article Title
• Positive Sentiment: Multiple articles noted that CAT was one of the day’s top industrial stocks to watch and an outperforming Dow name, which can attract momentum buyers and support the shares. Article Title
• Positive Sentiment: Recent coverage emphasized Caterpillar’s strong earnings-based run, with the stock rising sharply on heavier-than-average volume after investors reacted favorably to its latest results and bullish price action. Article Title
• Neutral Sentiment: Analyst commentary said CAT remains a “Moderate Buy,” which supports sentiment but does not by itself add a new catalyst. Article Title
• Negative Sentiment: One Zacks note warned that earnings estimate revisions may not support continued near-term gains, suggesting the stock could face some consolidation after its recent surge. Article Title

Caterpillar Trading Up 0.2%

Shares of CAT stock opened at $987.79 on Monday. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.35 and a quick ratio of 0.81. The firm has a fifty day moving average price of $875.06 and a 200-day moving average price of $741.59. The company has a market cap of $454.97 billion, a price-to-earnings ratio of 49.17, a PEG ratio of 1.95 and a beta of 1.59. Caterpillar Inc. has a 1 year low of $357.73 and a 1 year high of $994.49.

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, beating analysts' consensus estimates of $4.65 by $0.89. Caterpillar had a return on equity of 48.21% and a net margin of 13.33%.The firm had revenue of $17.41 billion for the quarter, compared to analysts' expectations of $16.53 billion. During the same period in the previous year, the firm earned $4.25 EPS. The business's quarterly revenue was up 22.2% on a year-over-year basis. As a group, equities analysts predict that Caterpillar Inc. will post 24.64 earnings per share for the current year.

Caterpillar Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Monday, July 20th will be issued a dividend of $1.63 per share. This is a boost from Caterpillar's previous quarterly dividend of $1.51. This represents a $6.52 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Monday, July 20th. Caterpillar's payout ratio is 30.06%.

Insider Buying and Selling

In other Caterpillar news, CFO Andrew R. J. Bonfield sold 15,674 shares of the stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $918.71, for a total transaction 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jason Kaiser sold 5,642 shares of the firm's stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $883.03, for a total value of $4,982,055.26. Following the transaction, the insider owned 9,594 shares of the company's stock, valued at $8,471,789.82. This represents a 37.03% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 95,773 shares of company stock worth $87,642,635 in the last quarter. 0.33% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Bank of America increased their price target on shares of Caterpillar from $930.00 to $989.00 and gave the stock a "buy" rating in a research note on Friday, May 1st. JPMorgan Chase & Co. upped their price objective on shares of Caterpillar from $1,125.00 to $1,165.00 and gave the stock an "overweight" rating in a report on Wednesday, June 17th. Zacks Research raised shares of Caterpillar from a "hold" rating to a "strong-buy" rating in a research note on Monday, June 8th. HSBC lifted their target price on shares of Caterpillar from $850.00 to $1,100.00 in a report on Tuesday, May 5th. Finally, Weiss Ratings restated a "buy (b-)" rating on shares of Caterpillar in a research note on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $935.09.

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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