Lifeworks Advisors LLC Decreases Stock Holdings in Caterpillar Inc. $CAT

Key Points

• Lifeworks Advisors LLC cut its Caterpillar stake by 11.3% in the first quarter, selling 1,208 shares and leaving it with 9,503 shares worth about $6.73 million.
• Caterpillar reported strong quarterly results, with EPS of $5.54 beating estimates and revenue of $17.41 billion topping forecasts; revenue also rose 22.2% year over year.
• The company raised its quarterly dividend to $1.63 per share from $1.51, and analysts currently have a Moderate Buy consensus with an average price target of $970.81.

Lifeworks Advisors LLC lowered its position in Caterpillar Inc. (NYSE:CAT - Free Report) by 11.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,503 shares of the industrial products company's stock after selling 1,208 shares during the period. Lifeworks Advisors LLC's holdings in Caterpillar were worth $6,732,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Procyon Advisors LLC grew its holdings in Caterpillar by 0.8% in the first quarter. Procyon Advisors LLC now owns 10,242 shares of the industrial products company's stock worth $7,256,000 after purchasing an additional 79 shares during the last quarter. United Bank lifted its holdings in shares of Caterpillar by 5.7% during the 1st quarter. United Bank now owns 4,917 shares of the industrial products company's stock valued at $3,483,000 after purchasing an additional 266 shares during the last quarter. Diversify Wealth Management LLC boosted its position in shares of Caterpillar by 296.0% in the 1st quarter. Diversify Wealth Management LLC now owns 5,481 shares of the industrial products company's stock worth $3,883,000 after purchasing an additional 4,097 shares in the last quarter. Valmark Advisers Inc. grew its stake in Caterpillar by 7.7% during the 1st quarter. Valmark Advisers Inc. now owns 4,606 shares of the industrial products company's stock worth $3,263,000 after buying an additional 331 shares during the last quarter. Finally, Kaizen Financial Strategies increased its position in Caterpillar by 3.5% during the 1st quarter. Kaizen Financial Strategies now owns 1,247 shares of the industrial products company's stock valued at $963,000 after buying an additional 42 shares in the last quarter. Hedge funds and other institutional investors own 70.98% of the company's stock.

Caterpillar Stock Up 0.0%

Shares of CAT opened at $952.42 on Monday. The company has a market capitalization of $438.68 billion, a price-to-earnings ratio of 47.41, a PEG ratio of 1.88 and a beta of 1.57. Caterpillar Inc. has a 52 week low of $401.70 and a 52 week high of $1,073.46. The stock's 50-day moving average price is $930.83 and its 200-day moving average price is $783.49. The company has a quick ratio of 0.81, a current ratio of 1.35 and a debt-to-equity ratio of 1.64.

Caterpillar (NYSE:CAT - Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The industrial products company reported $5.54 earnings per share (EPS) 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 company had revenue of $17.41 billion during the quarter, compared to the consensus estimate of $16.53 billion. During the same period in the previous year, the company posted $4.25 earnings per share. Caterpillar's revenue for the quarter was up 22.2% on a year-over-year basis. On average, sell-side analysts predict that Caterpillar Inc. will post 24.71 EPS for the current year.

Caterpillar Increases Dividend

The company 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 dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a yield of 0.7%. This is a boost from Caterpillar's previous quarterly dividend of $1.51. The ex-dividend date of this dividend is Monday, July 20th. Caterpillar's payout ratio is currently 30.06%.

Analysts Set New Price Targets

Several brokerages have weighed in on CAT. Oppenheimer set a $980.00 price target on Caterpillar and gave the stock an "outperform" rating in a report on Friday, May 1st. DA Davidson increased their price objective on shares of Caterpillar from $650.00 to $845.00 and gave the company a "neutral" rating in a research report on Monday, May 4th. Wells Fargo & Company lifted their target price on shares of Caterpillar from $1,050.00 to $1,155.00 and gave the stock an "overweight" rating in a research note on Tuesday, June 23rd. Daiwa Securities Group boosted their target price on shares of Caterpillar from $790.00 to $900.00 and gave the stock a "neutral" rating in a research report on Friday, May 1st. Finally, Robert W. Baird raised their price target on shares of Caterpillar from $1,165.00 to $1,200.00 and gave the stock an "outperform" rating in a report on Friday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $970.81.

Key Headlines Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar is being highlighted as a way to gain exposure to the AI buildout, especially through demand tied to data center construction, which is helping bolster investor optimism. These Dividend Paying Stocks Offer Strong Exposure to AI Trends
• Positive Sentiment: Analyst/commentary pieces continue to frame Caterpillar as a stock with strong momentum and relative outperformance, supporting the bullish case for CAT. CAT Outperforms NVDA & Tech Sector, AI Data Center Demand Powers Growth
• Positive Sentiment: News that Caterpillar is opening an engineering design centre adds to the company’s investment and expansion story, which can be supportive for long-term growth expectations. Caterpillar Inc. opens engineering design centre
• Positive Sentiment: Reports of a multimillion-dollar global headquarters expansion in Las Colinas suggest continued capital investment and confidence in the business outlook. Caterpillar digs into new $34M HQ in Las Colinas
• Neutral Sentiment: Market commentary notes that Caterpillar remains a popular industrial stock to watch, but these list-style articles do not provide a clear new catalyst. Industrial Stocks To Consider - July 9th
• Neutral Sentiment: Another feature discusses Caterpillar among “calls of the day,” indicating ongoing trader attention rather than a specific fundamental update. Calls of the day: AbbVie, Caterpillar, Marriott, Lamar Advertising and PepsiCo
• Negative Sentiment: Some coverage says CAT has dipped while the broader market rose, and other commentary warns the stock may be losing momentum as investors weigh valuation, tariffs, and execution risks. Caterpillar (CAT) Stock Dips While Market Gains: Key Facts
• Negative Sentiment: One bearish note suggests the AI rally may be fading, with valuation concerns making investors more cautious about further upside. CAT Stock Heads For Second Weekly Loss: Is Caterpillar's AI Rally Fading?

Insider Activity at Caterpillar

In other Caterpillar news, insider Lange Bob De sold 24,222 shares of the company's stock in a transaction dated 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 completion of the transaction, the insider owned 86,029 shares in the company, valued at approximately $79,397,884.68. This represents a 21.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO William E. Schaupp sold 360 shares of the stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $906.00, for a total transaction of $326,160.00. Following the sale, the chief accounting officer directly owned 530 shares in the company, valued at approximately $480,180. The trade was a 40.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 95,773 shares of company stock valued at $87,642,635 in the last quarter. 0.33% of the stock is currently owned by insiders.

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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