Lombard Odier Asset Management USA Corp Invests $1.29 Million in Caterpillar Inc. $CAT

Key Points

• Lombard Odier Asset Management USA Corp bought a new stake in Caterpillar during the fourth quarter, acquiring 2,250 shares valued at about $1.29 million.
• Caterpillar reported better-than-expected quarterly results, with EPS of $5.54 versus estimates of $4.65 and revenue of $17.42 billion, up 22.2% year over year.
• The company also announced a dividend increase to $1.63 per share quarterly, while analysts remain broadly constructive with a Moderate Buy consensus and an average price target of $933.27.

Lombard Odier Asset Management USA Corp acquired a new stake in shares of Caterpillar Inc. (NYSE:CAT - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 2,250 shares of the industrial products company's stock, valued at approximately $1,289,000.

Several other institutional investors have also modified their holdings of the business. Advisory Resource Group lifted its holdings in shares of Caterpillar by 0.8% during the 4th quarter. Advisory Resource Group now owns 1,632 shares of the industrial products company's stock valued at $935,000 after purchasing an additional 13 shares in the last quarter. Invst LLC lifted its holdings in shares of Caterpillar by 1.9% during the 4th quarter. Invst LLC now owns 753 shares of the industrial products company's stock valued at $431,000 after purchasing an additional 14 shares in the last quarter. Plancorp LLC lifted its holdings in shares of Caterpillar by 0.5% during the 4th quarter. Plancorp LLC now owns 2,777 shares of the industrial products company's stock valued at $1,591,000 after purchasing an additional 15 shares in the last quarter. BlueStem Wealth Partners LLC lifted its holdings in shares of Caterpillar by 1.3% during the 4th quarter. BlueStem Wealth Partners LLC now owns 1,192 shares of the industrial products company's stock valued at $683,000 after purchasing an additional 15 shares in the last quarter. Finally, KDT Advisors LLC lifted its holdings in shares of Caterpillar by 2.3% during the 4th quarter. KDT Advisors LLC now owns 657 shares of the industrial products company's stock valued at $376,000 after purchasing an additional 15 shares in the last quarter. Institutional investors own 70.98% of the company's stock.

Insider Activity at Caterpillar

In other news, CFO Andrew R. J. Bonfield sold 15,674 shares of the company's stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $918.71, for a total transaction of $14,399,860.54. Following the sale, the chief financial officer owned 52,935 shares in the company, valued at $48,631,913.85. This represents a 22.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Lange Bob De sold 24,222 shares of the company's stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $922.92, for a total value of $22,354,968.24. Following the sale, the insider owned 86,029 shares in the company, valued at approximately $79,397,884.68. This represents a 21.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 95,773 shares of company stock worth $87,642,635. Insiders own 0.33% of the company's stock.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analysts say Caterpillar stands out versus Komatsu thanks to stronger earnings momentum, rising growth targets, and better profitability, despite tariff pressure. Caterpillar vs. Komatsu: Which Heavy Equipment Stock is the Better Buy?
• Positive Sentiment: Coverage points to Caterpillar as a major driver of the Dow’s gains, reflecting strong investor demand for the stock. Dow rallies 488 points on gains in shares of JPMorgan Chase, Caterpillar
• Positive Sentiment: Recent commentary says CAT has surged on solid quarterly results, strong backlog, AI-driven power generation demand, and aggressive buybacks, supporting the bullish case. 2 Reasons to Watch CAT and 1 to Stay Cautious
• Positive Sentiment: Caterpillar’s dividend increase was highlighted as sustainable, reinforcing confidence in cash flow and shareholder returns. 3 Dividend Increases Investors Can Actually Trust
• Neutral Sentiment: Several articles argued that CAT remains a world-class industrial company and a long-term growth story, but these are mainly valuation and strategy discussions rather than new catalysts. Caterpillar: A World-Class Industrial At A World-Class Price Tag
• Neutral Sentiment: Commentary on CAT’s huge year-to-date move and how much upside remains is more about investor debate than a direct fundamental update. Up 300% YTD, How High Can CAT Stock Rally This Year?

Caterpillar Trading Up 1.4%

Shares of Caterpillar stock opened at $946.71 on Wednesday. Caterpillar Inc. has a 12-month low of $356.96 and a 12-month high of $961.33. The stock has a market cap of $436.05 billion, a P/E ratio of 47.12, a P/E/G ratio of 1.85 and a beta of 1.59. The company has a quick ratio of 0.81, a current ratio of 1.35 and a debt-to-equity ratio of 1.64. The business's 50 day moving average is $860.76 and its 200-day moving average is $733.04.

Caterpillar (NYSE:CAT - Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The industrial products company reported $5.54 earnings per share (EPS) for the quarter, topping 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 $17.42 billion for the quarter, compared to analysts' expectations of $16.53 billion. During the same quarter in the prior year, the business posted $4.25 EPS. The business's revenue was up 22.2% compared to the same quarter last year. Equities research analysts predict that Caterpillar Inc. will post 24.62 earnings per share for the current fiscal year.

Caterpillar Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Monday, July 20th will be paid a dividend of $1.63 per share. The ex-dividend date is Monday, July 20th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 0.7%. This is an increase from Caterpillar's previous quarterly dividend of $1.51. Caterpillar's dividend payout ratio (DPR) is currently 30.06%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on CAT. Evercore reiterated an "outperform" rating and set a $1,103.00 price objective on shares of Caterpillar in a report on Monday, May 11th. Rothschild & Co Redburn lifted their price objective on Caterpillar from $700.00 to $950.00 and gave the company a "neutral" rating in a report on Thursday, May 14th. Citigroup lifted their price objective on Caterpillar from $905.00 to $1,020.00 and gave the company a "buy" rating in a report on Friday, May 1st. Barclays lifted their price objective on Caterpillar from $700.00 to $800.00 and gave the company an "equal weight" rating in a 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 note on Friday, May 1st. One investment 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 company. According to MarketBeat, Caterpillar currently has a consensus rating of "Moderate Buy" and an average target price of $933.27.

Caterpillar Company 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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