Leonteq Securities AG Invests $13.09 Million in Caterpillar Inc. $CAT

Key Points

• Leonteq Securities AG opened a new position in Caterpillar in the fourth quarter, buying 22,853 shares valued at about $13.09 million.
• Caterpillar continues to draw strong Wall Street support, with multiple analysts raising price targets and the consensus rating remaining Moderate Buy with a target price of $923.14.
• The company posted a strong quarterly earnings beat, reporting $5.54 EPS on $17.42 billion in revenue, while revenue rose 22.2% year over year and the stock has also benefited from upbeat demand commentary tied to AI/data center construction.

Leonteq Securities AG bought a new position in shares of Caterpillar Inc. (NYSE:CAT - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 22,853 shares of the industrial products company's stock, valued at approximately $13,092,000. Caterpillar accounts for 0.4% of Leonteq Securities AG's investment portfolio, making the stock its 22nd biggest position.

Other institutional investors have also modified their holdings of the company. Torren Management LLC acquired a new position in Caterpillar during the 4th quarter worth approximately $27,000. IFS Advisors LLC acquired a new position in Caterpillar during the 4th quarter worth approximately $31,000. Rialto Wealth Management LLC lifted its position in 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 in the last quarter. Noble Wealth Management PBC lifted its position in Caterpillar by 140.0% during the 4th quarter. Noble Wealth Management PBC now owns 60 shares of the industrial products company's stock worth $34,000 after acquiring an additional 35 shares in the last quarter. Finally, Key Capital Management INC acquired a new position in Caterpillar during the 4th quarter worth approximately $36,000. Hedge funds and other institutional investors own 70.98% of the company's stock.

Analyst Ratings Changes

CAT has been the topic of several recent research reports. Wolfe Research boosted their price target on Caterpillar from $670.00 to $750.00 and gave the stock an "outperform" rating in a research report on Tuesday, March 31st. CICC Research initiated coverage on Caterpillar in a research report on Friday, February 6th. They set an "outperform" rating on the stock. Argus boosted their price target on Caterpillar from $820.00 to $990.00 and gave the stock a "buy" rating in a research report on Tuesday, May 5th. Jefferies Financial Group boosted their price target on Caterpillar from $900.00 to $1,045.00 and gave the stock a "buy" rating in a research report on Friday, May 1st. Finally, Oppenheimer set a $980.00 target price on Caterpillar and gave the company an "outperform" rating in a research report on Friday, May 1st. Sixteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $923.14.

Key Headlines Impacting Caterpillar

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

Caterpillar Stock Performance

CAT 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 cap 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. Caterpillar Inc. has a 12-month low of $336.24 and a 12-month high of $931.35. The stock's 50 day simple moving average is $785.30 and its 200 day simple moving average is $687.48.

Caterpillar (NYSE:CAT - Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The industrial products company reported $5.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.65 by $0.89. The business had revenue of $17.42 billion for 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 business's revenue was up 22.2% compared to the same quarter last year. During the same period in the prior year, the company posted $4.25 EPS. As a group, equities research analysts predict that Caterpillar Inc. will post 24.67 EPS for the current year.

Caterpillar Dividend Announcement

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

Insider Buying and Selling at Caterpillar

In related news, insider Lange Bob De sold 24,222 shares of the company's stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $922.92, for a total transaction of $22,354,968.24. Following the completion of 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO William E. Schaupp sold 360 shares of the company's stock in a transaction 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 transaction, the chief accounting officer owned 530 shares of the company's stock, valued at approximately $480,180. The trade was a 40.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 100,551 shares of company stock worth $91,170,351. 0.33% of the stock is owned by 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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