Primoris Wealth Advisors LLC Invests $1.30 Million in Caterpillar Inc. $CAT

Key Points

• Primoris Wealth Advisors LLC bought a new stake of 2,266 Caterpillar shares in Q4 valued at approximately $1.30 million, part of broader institutional activity that leaves institutions owning about 70.98% of CAT stock.
• Caterpillar delivered a blowout Q1—EPS of $5.54 vs. consensus $4.65 and revenue of $17.42B (up 22.2% y/y)—spurring multiple analyst price-target increases and an average target near $871 with a "Moderate Buy" consensus.
• Insiders have sold roughly 60,164 shares (~$43.7M) over the last 90 days; the company pays a quarterly dividend of $1.51 (annualized $6.04, ~0.7% yield) and trades with a market cap around $407B and a PE of ~43.5.

Primoris Wealth Advisors LLC purchased a new stake in shares of Caterpillar Inc. (NYSE:CAT - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 2,266 shares of the industrial products company's stock, valued at approximately $1,298,000.

A number of other hedge funds also recently bought and sold shares of CAT. Pacific Point Advisors LLC bought a new position in Caterpillar in the 4th quarter valued at approximately $579,000. Brighton Jones LLC increased its position in shares of Caterpillar by 51.5% during the 4th quarter. Brighton Jones LLC now owns 7,409 shares of the industrial products company's stock valued at $2,688,000 after purchasing an additional 2,519 shares during the last quarter. United Bank raised its position in Caterpillar by 108.5% in the second quarter. United Bank now owns 4,083 shares of the industrial products company's stock worth $1,585,000 after acquiring an additional 2,125 shares during the period. Schnieders Capital Management LLC. grew its position in shares of Caterpillar by 3.9% during the 2nd quarter. Schnieders Capital Management LLC. now owns 9,147 shares of the industrial products company's stock valued at $3,551,000 after acquiring an additional 347 shares during the period. Finally, Alliancebernstein L.P. increased its stake in shares of Caterpillar by 6.5% in the 2nd quarter. Alliancebernstein L.P. now owns 572,165 shares of the industrial products company's stock worth $222,120,000 after purchasing an additional 34,846 shares in the last quarter. Institutional investors own 70.98% of the company's stock.

Caterpillar Stock Performance

Caterpillar stock opened at $874.72 on Tuesday. 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 Inc. has a twelve month low of $318.11 and a twelve month high of $905.00. The company's 50-day moving average price is $746.86 and its 200-day moving average price is $656.99. The company has a market cap of $407.00 billion, a PE ratio of 43.54, a price-to-earnings-growth ratio of 2.04 and a beta of 1.63.

Caterpillar (NYSE:CAT - Get Free Report) last issued its quarterly earnings results 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 during the quarter, compared to the consensus estimate of $16.53 billion. During the same period last year, the company earned $4.25 earnings per share. Caterpillar's revenue was up 22.2% on a year-over-year basis. On average, equities research analysts forecast that Caterpillar Inc. will post 23.08 EPS for the current fiscal year.

Caterpillar Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 19th. Shareholders of record on Monday, April 20th will be paid a $1.51 dividend. The ex-dividend date of this dividend is Monday, April 20th. This represents a $6.04 annualized dividend and a yield of 0.7%. Caterpillar's dividend payout ratio (DPR) is presently 30.06%.

Key Stories Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Q1 beat and continued top‑line strength — Caterpillar reported a blowout Q1 with EPS and revenue above estimates, driving much of the recent rally and supporting earnings momentum expectations. 5 Mega-Cap Stocks That Beat Q1 2026 Earnings and Are Still Climbing (CAT)
• Positive Sentiment: BofA sees more upside — Bank of America raised its price target to $930 and highlighted energy demand as a growth driver, giving fundamental support to further gains if demand trends persist. BofA Highlights Energy Growth Driving Caterpillar (CAT) Upside
• Positive Sentiment: Market narrative around AI/data‑center build‑out — Prominent commentators (e.g., Jim Cramer) and coverage tying CAT to the data‑center and AI infrastructure build‑out have reinforced growth expectations beyond traditional construction and mining end markets. Jim Cramer on Caterpillar: “It’s Got a Ton of Business From the Data Center Build-Out”
• Positive Sentiment: Product/technology tailwinds — Caterpillar’s electric power unit powering a zero‑emission separator (IFAT 2026) highlights the company’s push into emissions‑reduction and electrified products, which supports longer‑term growth/market diversification. Caterpillar’s electric power unit powers new zero-emission separator at IFAT 2026
• Neutral Sentiment: Analyst stance mixed — Some outlets note the stock’s large run (one article cites ~190% year‑over‑year gains) and recommend “hold” with 12‑month targets near current levels, implying limited near‑term upside despite strong fundamentals. Caterpillar Surges 190%—Analysts Say Hold for Now
• Neutral Sentiment: Price‑target adjustments but conservative ratings — DA Davidson raised its price target to $845 but kept a neutral rating, reflecting higher valuation yet a cautious stance from some analysts. DA Davidson adjusts price target on Caterpillar to $845 from $650, maintains neutral rating
• Neutral Sentiment: Options activity shows mixed expectations — Elevated options flows have drawn attention; they can presage directional bets or hedging ahead of continued volatility, so watch implied vol and put/call skew for near‑term signals. Do Options Traders Know Something About Caterpillar Stock We Don't?
• Negative Sentiment: Profit‑taking and valuation risk — After a steep rally YTD and over the past year, some coverage and analyst notes imply that a portion of gains may be attributable to re‑rating; that raises the risk of near‑term pullbacks if growth disappoints or macroheadwinds reappear. Do Options Traders Know Something About Caterpillar Stock We Don't?

Wall Street Analyst Weigh In

Several research analysts have recently commented on CAT shares. HSBC increased their price objective on shares of Caterpillar from $660.00 to $850.00 and gave the stock a "buy" rating in a research note on Thursday, February 5th. Argus upped their price target on Caterpillar from $625.00 to $820.00 and gave the stock a "buy" rating in a research note on Wednesday, February 11th. Jefferies Financial Group lifted their price objective on shares of Caterpillar from $900.00 to $1,045.00 and gave the company a "buy" rating in a research report on Friday. Morgan Stanley set a $915.00 target price on shares of Caterpillar and gave the stock an "equal weight" rating in a research report on Friday. Finally, Wall Street Zen upgraded shares of Caterpillar from a "hold" rating to a "buy" rating in a report on Saturday. Sixteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $871.18.

Insider Buying and Selling at Caterpillar

In related news, CEO Joseph E. Creed sold 2,500 shares of the business's stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $718.93, for a total value of $1,797,325.00. Following the completion of the sale, the chief executive officer owned 35,083 shares in the company, valued at approximately $25,222,221.19. The trade was a 6.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Lange Bob De sold 22,656 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $720.11, for a total value of $16,314,812.16. Following the completion of the transaction, the insider directly owned 79,953 shares in the company, valued at approximately $57,574,954.83. This trade represents a 22.08% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 60,164 shares of company stock valued at $43,748,068. 0.33% of the stock is owned by company 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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