FAS Wealth Partners Inc. Has $9.74 Million Holdings in Caterpillar Inc. $CAT

Key Points

• FAS Wealth Partners reduced its Caterpillar stake by 13.5% in the first quarter, selling 2,146 shares and retaining 13,754 shares valued at approximately $9.74 million. Institutional investors collectively own 70.98% of CAT.
• Caterpillar reported stronger-than-expected quarterly results, with earnings of $5.54 per share and revenue of $17.41 billion, up 22.2% year over year. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $966.29.
• Company insiders sold roughly 90,131 shares worth $82.7 million during the last quarter, while Caterpillar increased its quarterly dividend to $1.63 per share, implying an annualized yield of about 0.8%.

FAS Wealth Partners Inc. lowered its stake in shares of Caterpillar Inc. (NYSE:CAT - Free Report) by 13.5% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 13,754 shares of the industrial products company's stock after selling 2,146 shares during the period. FAS Wealth Partners Inc.'s holdings in Caterpillar were worth $9,744,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Lam Group Inc. purchased a new position in shares of Caterpillar during the first quarter valued at approximately $26,000. Torren Management LLC purchased a new stake in Caterpillar in the 4th quarter valued at $27,000. Frazier Financial Advisors LLC raised its position in Caterpillar by 220.0% in the 4th quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company's stock valued at $28,000 after buying an additional 33 shares during the last quarter. Cornerstone Financial Management LLC bought a new position in Caterpillar during the 4th quarter valued at $32,000. Finally, Monetary Solutions Ltd purchased a new position in Caterpillar during the 4th quarter worth $35,000. 70.98% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Evercore reiterated an "outperform" rating and issued a $1,103.00 target price on shares of Caterpillar in a report on Monday, May 11th. Erste Group Bank cut shares of Caterpillar from a "buy" rating to a "hold" rating in a report on Monday, July 27th. Wells Fargo & Company upped their price objective on shares of Caterpillar from $1,050.00 to $1,155.00 and gave the stock an "overweight" rating in a research report on Tuesday, June 23rd. Weiss Ratings reiterated a "buy (b-)" rating on shares of Caterpillar in a research note on Friday, May 8th. Finally, Sanford C. Bernstein lifted their target price on shares of Caterpillar from $769.00 to $879.00 and gave the stock a "market perform" rating in a research report on Friday, May 1st. Thirteen investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat.com, Caterpillar presently has a consensus rating of "Moderate Buy" and an average price target of $966.29.

Insiders Place Their Bets

In other Caterpillar news, insider Denise C. Johnson sold 12,605 shares of the business's stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $907.91, for a total value of $11,444,205.55. Following the sale, the insider directly owned 49,825 shares in the company, valued at $45,236,615.75. The trade was a 20.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Lange Bob De sold 24,222 shares of the company's stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $922.92, for a total value of $22,354,968.24. Following the transaction, the insider directly owned 86,029 shares in the company, valued at $79,397,884.68. This represents a 21.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 90,131 shares of company stock valued at $82,660,580 in the last quarter. 0.33% of the stock is currently owned by company insiders.

Caterpillar Stock Performance

NYSE CAT opened at $815.73 on Monday. The company has a market capitalization of $375.72 billion, a PE ratio of 40.60, a price-to-earnings-growth ratio of 1.59 and a beta of 1.60. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.81 and a current ratio of 1.35. Caterpillar Inc. has a 52-week low of $405.46 and a 52-week high of $1,073.46. The company has a 50-day simple moving average of $924.45 and a 200 day simple moving average of $812.80.

Caterpillar (NYSE:CAT - Get Free Report) last released its earnings results 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 net margin of 13.33% and a return on equity of 48.21%. 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 company earned $4.25 earnings per share. The company's quarterly revenue was up 22.2% on a year-over-year basis. On average, research analysts predict that Caterpillar Inc. will post 24.87 EPS for the current year.

Caterpillar Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Monday, July 20th will be issued a $1.63 dividend. This is a boost from Caterpillar's previous quarterly dividend of $1.51. The ex-dividend date of this dividend is Monday, July 20th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 0.8%. Caterpillar's payout ratio is presently 32.45%.

Key Stories Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analysts expect Caterpillar to report year-over-year growth in both earnings and revenue for the quarter ending June 2026. Results are scheduled for August 4 before the market opens, creating a potential catalyst for a rebound if the company exceeds expectations or raises its outlook. Caterpillar is Set to Report Q2 Earnings
• Positive Sentiment: Some analysts and long-term investors view the recent selloff as an attractive entry point before earnings, citing Caterpillar’s industrial exposure and potential infrastructure and power-grid demand. Here's Why Caterpillar Is a Buy Before Earnings
• Positive Sentiment: Caterpillar plans to invest up to $10 million in Illinois operations to develop manufacturing talent and strengthen its future workforce. The move supports long-term production capacity and workforce development, although it is unlikely to materially affect near-term earnings. Caterpillar invests to develop manufacturing talent in Illinois
• Neutral Sentiment: Pre-earnings estimates point to year-over-year improvement, but investors are also watching operating metrics such as order trends, margins, construction activity and management’s guidance for the rest of 2026. Unlocking Q2 Potential of Caterpillar
• Negative Sentiment: Robert W. Baird downgraded Caterpillar from “outperform” to “neutral” and cut its price target to $900 from $1,200. The firm cited growing backlash and uncertainty surrounding data-center construction, which could weaken a major source of expected equipment demand. Baird Just Downgraded Caterpillar Stock
• Negative Sentiment: The stock has declined for six consecutive weeks from its 2026 high, reflecting reduced confidence in growth expectations and heightened sensitivity to the upcoming earnings report. Caterpillar stock has slumped

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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