Goelzer Investment Management Inc. Sells 2,198 Shares of Caterpillar Inc. $CAT

Key Points

• Goelzer Investment Management cut its stake in Caterpillar by 9.0% in Q4, selling 2,198 shares and now holds 22,116 shares valued at about $12.67 million (roughly 0.6% of its holdings).
• Company insiders have been significant net sellers — CFO Andrew Bonfield sold 10,000 shares and another executive sold 10,671 shares, with insiders offloading a total of 135,950 shares (~$94.33M) over the past three months, leaving insiders owning 0.33% of the stock.
• Wall Street sentiment remains broadly positive: the stock has a consensus rating of "Moderate Buy" (16 Buys, 7 Holds, 1 Sell) with an average price target of $730.50, and several firms raised targets after Caterpillar beat quarterly earnings and revenue estimates.

Goelzer Investment Management Inc. lessened its holdings in Caterpillar Inc. (NYSE:CAT - Free Report) by 9.0% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 22,116 shares of the industrial products company's stock after selling 2,198 shares during the period. Caterpillar comprises approximately 0.6% of Goelzer Investment Management Inc.'s holdings, making the stock its 28th biggest position. Goelzer Investment Management Inc.'s holdings in Caterpillar were worth $12,670,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in CAT. IFS Advisors LLC purchased a new stake in Caterpillar during the fourth quarter valued at approximately $31,000. Rialto Wealth Management LLC boosted its stake 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 worth $32,000 after acquiring an additional 18 shares during the last quarter. Marquette Asset Management LLC grew its position in shares of Caterpillar by 1,060.0% during the 3rd quarter. Marquette Asset Management LLC now owns 58 shares of the industrial products company's stock valued at $28,000 after acquiring an additional 53 shares during the period. Noble Wealth Management PBC grew its position in shares of Caterpillar by 140.0% during the 4th quarter. Noble Wealth Management PBC now owns 60 shares of the industrial products company's stock valued at $34,000 after acquiring an additional 35 shares during the period. Finally, Joseph Group Capital Management purchased a new stake in shares of Caterpillar in the 3rd quarter worth $32,000. Hedge funds and other institutional investors own 70.98% of the company's stock.

Insider Buying and Selling at Caterpillar

In other Caterpillar news, CFO Andrew R. J. Bonfield sold 10,000 shares of Caterpillar stock in a transaction that occurred on Wednesday, December 31st. The stock was sold at an average price of $575.06, for a total value of $5,750,600.00. Following the sale, the chief financial officer owned 45,460 shares of the company's stock, valued at $26,142,227.60. The trade was a 18.03% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Anthony D. Fassino sold 10,671 shares of the company's stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $680.45, for a total value of $7,261,081.95. Following the sale, the insider directly owned 41,151 shares in the company, valued at $28,001,197.95. This trade represents a 20.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 135,950 shares of company stock worth $94,327,990 over the last three months. 0.33% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on CAT shares. Williams Trading set a $825.00 target price on Caterpillar in a research report on Tuesday, March 10th. Citigroup upped their price target on Caterpillar from $760.00 to $785.00 and gave the stock a "buy" rating in a research report on Monday, March 9th. Truist Financial lifted their price objective on Caterpillar from $729.00 to $786.00 and gave the company a "buy" rating in a research report on Monday, February 2nd. HSBC boosted their price objective on Caterpillar from $660.00 to $850.00 and gave the company a "buy" rating in a research note on Thursday, February 5th. Finally, Wolfe Research raised their target price on shares of Caterpillar from $470.00 to $670.00 and gave the stock an "outperform" rating in a research note on Friday, January 2nd. Sixteen investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $730.50.

Key Headlines Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Erste Group nudged up its profit forecasts — the bank raised FY2027 EPS to $27.95 (from $27.65) and slightly lifted FY2026 to $22.70, both well above the street consensus of ~$19.86. This supports a stronger earnings outlook for CAT. Erste Group raises EPS estimates
• Neutral Sentiment: Deal and growth coverage — coverage of Caterpillar supplying power‑generation equipment to Atlas Energy and its role in powering Nscale’s AI compute campus highlights revenue diversification and exposure to AI/energy demand, but analysts are mixed on near-term financial impact and timing. Analysts mixed on Atlas Energy agreement Caterpillar and Nscale AI campus
• Neutral Sentiment: Community & STEM initiatives may support brand and hiring but have limited direct near‑term financial impact (Alvernia collaboration; Goodwill Arkansas funding). Alvernia partnership Goodwill Arkansas funding
• Negative Sentiment: Heightened legal risk — Caterpillar has countersued Bobcat (Doosan Bobcat) over alleged patent infringement and has accused the rival of industrial espionage; litigation can lead to legal costs, injunction risk or distraction. Reuters: Caterpillar countersues Bobcat ENR: alleges industrial espionage
• Negative Sentiment: Divestment headline — Washington state sold off ~$62M of Caterpillar bonds amid activist pressure; public-sector divestment can dent sentiment and signal ESG-related investor risk. WA sells Caterpillar bonds
• Negative Sentiment: Market/sector selloff — Caterpillar was mentioned among stocks that weighed on the Dow amid a near‑350 point decline, so broad risk‑off flows likely pressured the share price alongside company‑specific headlines. Market drop including CAT

Caterpillar Stock Down 1.1%

Shares of CAT stock opened at $695.49 on Friday. The company's fifty day simple moving average is $708.66 and its two-hundred day simple moving average is $604.42. Caterpillar Inc. has a 52 week low of $267.30 and a 52 week high of $789.81. The stock has a market cap of $323.61 billion, a P/E ratio of 36.96, a PEG ratio of 1.64 and a beta of 1.54. The company has a quick ratio of 0.94, a current ratio of 1.44 and a debt-to-equity ratio of 1.44.

Caterpillar (NYSE:CAT - Get Free Report) last issued its quarterly earnings data on Thursday, January 29th. The industrial products company reported $5.16 earnings per share for the quarter, beating analysts' consensus estimates of $4.67 by $0.49. Caterpillar had a return on equity of 45.76% and a net margin of 13.14%.The firm had revenue of $19.13 billion during the quarter, compared to analyst estimates of $17.81 billion. During the same quarter last year, the business posted $5.14 earnings per share. The business's quarterly revenue was up 17.9% compared to the same quarter last year. Analysts predict that Caterpillar Inc. will post 19.86 EPS for the current fiscal year.

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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