SHP Wealth Management Makes New Investment in Caterpillar Inc. $CAT

Key Points

• SHP Wealth Management opened a new position in Caterpillar, buying 2,235 shares in the fourth quarter worth about $1.28 million.
• Caterpillar’s latest earnings beat expectations, with EPS of $5.54 and revenue of $17.41 billion, while revenue rose 22.2% year over year.
• The company also raised its quarterly dividend to $1.63 per share, and analysts remain broadly positive with an average rating of Moderate Buy and an average price target of $935.09.

SHP Wealth Management acquired a new stake 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 firm acquired 2,235 shares of the industrial products company's stock, valued at approximately $1,279,000.

Other hedge funds have also recently modified their holdings of the company. Torren Management LLC purchased a new position in Caterpillar during the fourth quarter valued at approximately $27,000. Frazier Financial Advisors LLC lifted its holdings in Caterpillar by 220.0% in the fourth quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company's stock valued at $28,000 after acquiring an additional 33 shares during the period. IFS Advisors LLC purchased a new stake in Caterpillar in the 4th quarter worth approximately $31,000. Rialto Wealth Management LLC grew 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 purchasing an additional 18 shares during the period. Finally, Cornerstone Financial Management LLC purchased a new position in shares of Caterpillar during the 4th quarter valued at approximately $32,000. Hedge funds and other institutional investors own 70.98% of the company's stock.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar was highlighted by Zacks as one of five non-tech “wide moat” stocks to own for a stable second half of 2026, reinforcing the view that CAT has durable competitive advantages and can be a defensive portfolio holding. Article Title
• Positive Sentiment: Multiple articles noted that CAT was one of the day’s top industrial stocks to watch and an outperforming Dow name, which can attract momentum buyers and support the shares. Article Title
• Positive Sentiment: Recent coverage emphasized Caterpillar’s strong earnings-based run, with the stock rising sharply on heavier-than-average volume after investors reacted favorably to its latest results and bullish price action. Article Title
• Neutral Sentiment: Analyst commentary said CAT remains a “Moderate Buy,” which supports sentiment but does not by itself add a new catalyst. Article Title
• Negative Sentiment: One Zacks note warned that earnings estimate revisions may not support continued near-term gains, suggesting the stock could face some consolidation after its recent surge. Article Title

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. JPMorgan Chase & Co. boosted their target price on shares of Caterpillar from $1,125.00 to $1,165.00 and gave the company an "overweight" rating in a research note on Wednesday. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Caterpillar in a report on Friday, May 8th. Robert W. Baird upped their price objective on shares of Caterpillar from $940.00 to $1,165.00 and gave the stock an "outperform" rating in a research report on Friday, May 1st. Morgan Stanley set a $915.00 target price on shares of Caterpillar and gave the stock an "equal weight" rating in a research note on Friday, May 1st. Finally, Daiwa Securities Group raised their target price on Caterpillar from $790.00 to $900.00 and gave the company a "neutral" rating in a research report 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's stock. Based on data from MarketBeat.com, Caterpillar currently has an average rating of "Moderate Buy" and an average target price of $935.09.

Caterpillar Price Performance

Shares of NYSE CAT opened at $987.79 on Friday. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.81 and a current ratio of 1.35. The firm has a fifty day moving average of $875.06 and a 200 day moving average of $740.37. The firm has a market cap of $454.97 billion, a PE ratio of 49.17, a PEG ratio of 1.95 and a beta of 1.59. Caterpillar Inc. has a one year low of $357.73 and a one year high of $994.49.

Caterpillar (NYSE:CAT - Get Free Report) last announced its 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 $17.41 billion for the quarter, compared to analyst estimates of $16.53 billion. Caterpillar had a net margin of 13.33% and a return on equity of 48.21%. The company's revenue for the quarter was up 22.2% compared to the same quarter last year. During the same quarter last year, the business earned $4.25 earnings per share. As a group, research analysts predict that Caterpillar Inc. will post 24.64 EPS for the current fiscal year.

Caterpillar Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Monday, July 20th will be issued a $1.63 dividend. This represents a $6.52 annualized dividend and a yield of 0.7%. The ex-dividend date is Monday, July 20th. This is a positive change from Caterpillar's previous quarterly dividend of $1.51. Caterpillar's payout ratio is presently 30.06%.

Insider Activity at Caterpillar

In other Caterpillar news, insider Denise C. Johnson sold 12,605 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $907.91, for a total transaction of $11,444,205.55. Following the completion of the transaction, the insider owned 49,825 shares of the company's stock, valued at $45,236,615.75. This represents a 20.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Anthony D. Fassino sold 16,283 shares of the firm's stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $916.80, for a total value of $14,928,254.40. Following the completion of the transaction, the insider owned 46,041 shares in the company, valued at approximately $42,210,388.80. This trade represents a 26.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 95,773 shares of company stock worth $87,642,635 in the last quarter. Corporate insiders own 0.33% of the company's stock.

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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