Teamwork Financial Advisors LLC Lowers Stock Holdings in Caterpillar Inc. $CAT

Key Points

• Teamwork Financial Advisors cut its Caterpillar stake by 13.3%. The firm sold 2,284 shares and retained 14,865 shares valued at approximately $15.8 million; institutional investors collectively own 70.98% of CAT.
• Caterpillar’s earnings and AI-related demand are supporting growth expectations. Quarterly EPS of $8.17 and revenue of $20.54 billion exceeded consensus estimates, while power-generation products for hyperscale data centers are emerging as a major opportunity.
• Valuation and insider selling create counterweights to the bullish outlook. CAT trades at roughly 36 times earnings after a major rally, while insiders have sold about $32.3 million of stock over the past 90 days; analysts nevertheless maintain a “Moderate Buy” consensus with a $995.52 price target.

Teamwork Financial Advisors LLC lessened its stake in shares of Caterpillar Inc. (NYSE:CAT - Free Report) by 13.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,865 shares of the industrial products company's stock after selling 2,284 shares during the quarter. Caterpillar comprises approximately 1.4% of Teamwork Financial Advisors LLC's portfolio, making the stock its 22nd biggest position. Teamwork Financial Advisors LLC's holdings in Caterpillar were worth $15,829,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Axxcess Wealth Management LLC increased its position in Caterpillar by 2.8% during the 4th quarter. Axxcess Wealth Management LLC now owns 22,420 shares of the industrial products company's stock worth $12,844,000 after purchasing an additional 604 shares during the period. Juno Financial Group LLC purchased a new stake in shares of Caterpillar in the fourth quarter valued at approximately $877,000. DSG Capital Advisors LLC purchased a new position in Caterpillar in the first quarter worth $1,226,000. Cornerstone Planning LLC purchased a new position in Caterpillar in the fourth quarter worth $4,517,000. Finally, Ticino Wealth acquired a new stake in Caterpillar in the fourth quarter valued at $2,488,000. 70.98% of the stock is currently owned by hedge funds and other institutional investors.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: AI data-center demand is emerging as a major growth driver. Caterpillar is expanding power-generation capacity to supply electricity for power-intensive hyperscale data centers. Jim Cramer highlighted the company’s generators as a key reason CAT has outperformed Deere, while other coverage described the AI infrastructure opportunity as still in its early stages. Jim Cramer Shares Key Reason Why Caterpillar’s Shares Are Higher Than Deere’s CAT Stock Alert: Caterpillar’s AI Infrastructure Boom Is Just Getting Started
• Positive Sentiment: A new hyperscaler infrastructure agreement reinforces the opportunity. Energy Vault announced a planned 1.25-gigawatt deployment of integrated power infrastructure for an AI data center, using Caterpillar generator sets through a power-generation engineering, procurement and construction partner. The agreement provides additional evidence that CAT’s energy products can benefit from data-center construction. Energy Vault Announces Strategic Agreement for Hyperscaler AI Data Center Infrastructure
• Positive Sentiment: Recent earnings and guidance remain powerful catalysts. Caterpillar reported quarterly EPS of $8.17 versus the $6.22 consensus and revenue of $20.54 billion versus expectations of $19.34 billion. Revenue increased 23.7% year over year, and the company raised its 2026 sales-growth outlook as AI-related construction demand continued. Caterpillar Lifts 2026 Sales Growth Forecast as AI Buildout Powers On
• Neutral Sentiment: Analyst sentiment is supportive but not uniformly aggressive: Caterpillar carries an average “Moderate Buy” rating, and Truist expects further upside. Coverage also notes CAT has outperformed industrial-products peers this year, although much of that optimism may already be reflected in the share price. Caterpillar Receives Moderate Buy Rating
• Negative Sentiment: Profit-taking and valuation are weighing on the stock. CAT has more than doubled from its 12-month low and trades at roughly 36 times earnings, leaving investors vulnerable to consolidation after the post-earnings surge. A pullback after the rally may therefore reflect high expectations rather than a new negative company announcement.

Insider Buying and Selling at Caterpillar

In related news, CAO William E. Schaupp sold 360 shares of the company's stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $906.00, for a total transaction of $326,160.00. Following the transaction, the chief accounting officer owned 530 shares of the company's stock, valued at approximately $480,180. This represents a 40.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Denise C. Johnson sold 12,605 shares of the business's stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $907.91, for a total value 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 trade represents a 20.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 35,444 shares of company stock worth $32,335,679. Corporate insiders own 0.33% of the company's stock.

Wall Street Analysts Forecast Growth

CAT has been the topic of a number of recent analyst reports. Daiwa Securities Group upped their price target on shares of Caterpillar from $790.00 to $900.00 and gave the stock a "neutral" rating in a research note on Friday, May 1st. Barclays boosted their price objective on shares of Caterpillar from $800.00 to $900.00 and gave the stock an "equal weight" rating in a report on Thursday. Jefferies Financial Group upped their target price on shares of Caterpillar from $900.00 to $1,045.00 and gave the stock a "buy" rating in a research report on Friday, May 1st. UBS Group lifted their price target on shares of Caterpillar from $900.00 to $925.00 and gave the company a "neutral" rating in a research report on Wednesday. Finally, Wall Street Zen raised Caterpillar from a "hold" rating to a "buy" rating in a research note on Saturday, May 2nd. Thirteen analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $995.52.

Caterpillar Price Performance

CAT stock opened at $844.52 on Friday. The stock's 50 day moving average price is $921.04 and its 200 day moving average price is $819.15. The firm has a market cap of $388.20 billion, a P/E ratio of 36.34, a PEG ratio of 1.57 and a beta of 1.60. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.81 and a current ratio of 1.37. Caterpillar Inc. has a 1 year low of $405.46 and a 1 year high of $1,073.46.

Caterpillar (NYSE:CAT - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share for the quarter, topping analysts' consensus estimates of $6.22 by $1.95. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%.The company had revenue of $20.54 billion during the quarter, compared to analysts' expectations of $19.34 billion. During the same period in the previous year, the firm posted $4.72 earnings per share. The business's revenue for the quarter was up 23.7% compared to the same quarter last year. On average, sell-side analysts expect that Caterpillar Inc. will post 25.84 earnings per share for the current fiscal year.

Caterpillar Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Monday, July 20th will be issued a $1.63 dividend. This is a positive change from Caterpillar's previous quarterly dividend of $1.51. The ex-dividend date is Monday, July 20th. This represents a $6.52 dividend on an annualized basis and a yield of 0.8%. Caterpillar's payout ratio is currently 28.06%.

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.

Want to see what other hedge funds are holding CAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Caterpillar Inc. (NYSE:CAT - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source