WealthPlan Investment Management LLC Has $5.68 Million Stock Holdings in Caterpillar Inc. $CAT

Key Points

• WealthPlan Investment Management LLC boosted its Caterpillar stake by 81.6% in the fourth quarter, ending with 9,921 shares worth about $5.68 million.
• Caterpillar saw mixed insider activity: two executives sold shares in May, and insiders have sold 103,287 shares worth about $93.3 million over the past three months.
• Analysts remain broadly positive after Caterpillar’s strong earnings beat, with the company reporting $5.54 EPS versus $4.65 expected and revenue up 22.2% year over year; the stock currently has a Moderate Buy consensus and average price target of $923.14.

WealthPlan Investment Management LLC increased its holdings in Caterpillar Inc. (NYSE:CAT - Free Report) by 81.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,921 shares of the industrial products company's stock after purchasing an additional 4,458 shares during the period. WealthPlan Investment Management LLC's holdings in Caterpillar were worth $5,683,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in CAT. Pacific Point Advisors LLC acquired a new position in Caterpillar in the fourth quarter worth about $579,000. Brighton Jones LLC raised its position in Caterpillar by 51.5% in the fourth quarter. Brighton Jones LLC now owns 7,409 shares of the industrial products company's stock worth $2,688,000 after purchasing an additional 2,519 shares in the last quarter. United Bank increased its holdings in shares of Caterpillar by 108.5% during the second quarter. United Bank now owns 4,083 shares of the industrial products company's stock worth $1,585,000 after buying an additional 2,125 shares in the last quarter. Schnieders Capital Management LLC. increased its holdings in shares of Caterpillar by 3.9% during the second quarter. Schnieders Capital Management LLC. now owns 9,147 shares of the industrial products company's stock worth $3,551,000 after buying an additional 347 shares in the last quarter. Finally, Alliancebernstein L.P. increased its holdings in shares of Caterpillar by 6.5% during the second quarter. Alliancebernstein L.P. now owns 572,165 shares of the industrial products company's stock worth $222,120,000 after buying an additional 34,846 shares in the last quarter. Institutional investors and hedge funds own 70.98% of the company's stock.

Insider Buying and Selling at Caterpillar

In other news, insider Lange Bob De sold 24,222 shares of the stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $922.92, for a total transaction of $22,354,968.24. Following the sale, the insider directly owned 86,029 shares of the company's stock, valued at $79,397,884.68. This represents a 21.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Denise C. Johnson sold 12,605 shares of the stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $907.91, for a total transaction of $11,444,205.55. Following the sale, the insider directly owned 49,825 shares in the company, valued at $45,236,615.75. This trade represents a 20.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 103,287 shares of company stock valued at $93,259,774 over the last three months. Insiders own 0.33% of the company's stock.

Analyst Ratings Changes

Several analysts have recently weighed in on CAT shares. Robert W. Baird raised their price objective on shares of Caterpillar from $940.00 to $1,165.00 and gave the stock an "outperform" rating in a report on Friday, May 1st. Royal Bank Of Canada raised their price objective on shares of Caterpillar from $587.00 to $658.00 and gave the stock a "sector perform" rating in a report on Friday, January 30th. Wells Fargo & Company raised their price objective on shares of Caterpillar from $960.00 to $1,050.00 and gave the stock an "overweight" rating in a report on Friday, May 1st. Wall Street Zen raised shares of Caterpillar from a "hold" rating to a "buy" rating in a report on Saturday, May 2nd. Finally, Wolfe Research raised their price objective on shares of Caterpillar from $670.00 to $750.00 and gave the stock an "outperform" rating in a report on Tuesday, March 31st. Sixteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, Caterpillar currently has an average rating of "Moderate Buy" and an average price target of $923.14.

Caterpillar Price Performance

CAT opened at $888.90 on Friday. Caterpillar Inc. has a one year low of $336.24 and a one year high of $931.35. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.35 and a quick ratio of 0.81. The company's 50 day simple moving average is $775.21 and its 200-day simple moving average is $680.05. The stock has a market capitalization of $409.42 billion, a P/E ratio of 44.25, a price-to-earnings-growth ratio of 1.77 and a beta of 1.63.

Caterpillar (NYSE:CAT - Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The industrial products company reported $5.54 EPS for the quarter, beating the consensus estimate of $4.65 by $0.89. Caterpillar had a net margin of 13.33% and a return on equity of 48.21%. The business had revenue of $17.42 billion for the quarter, compared to analysts' expectations of $16.53 billion. During the same period in the prior year, the firm earned $4.25 earnings per share. Caterpillar's revenue was up 22.2% compared to the same quarter last year. Sell-side analysts anticipate that Caterpillar Inc. will post 24.48 earnings per share for the current fiscal year.

Caterpillar Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 19th. Stockholders of record on Monday, April 20th will be paid a dividend of $1.51 per share. This represents a $6.04 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, April 20th. Caterpillar's dividend payout ratio is 30.06%.

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Rothschild & Co Redburn lifted its price target on Caterpillar to $950 from $700, signaling continued upside potential despite keeping a neutral rating. Rothschild & Co Redburn adjusts price target on Caterpillar to $950 from $700, maintains neutral rating
• Positive Sentiment: Commentary from Jim Cramer called Caterpillar “a buy,” citing oil and gas exposure, infrastructure spending, and AI data-center power demand as potential tailwinds. Jim Cramer Says Caterpillar Is a Buy
• Positive Sentiment: Caterpillar said it is hiring 600 workers at its Sanford, North Carolina plant to support compact track loader production, suggesting strong demand and added manufacturing activity. Caterpillar hiring 600 jobs at Sanford plant
• Positive Sentiment: Industry research on Saudi Arabia’s construction equipment market pointed to Caterpillar as a key player in a market expected to grow steadily through 2030, supported by large infrastructure projects. Saudi Arabia Construction Equipment Industry Research 2026-2031 Featuring Caterpillar

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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