Rep. Jared Moskowitz Purchases Shares of Caterpillar Inc. (NYSE:CAT)

Representative Jared Moskowitz (D-Florida) recently bought shares of Caterpillar Inc. NYSE: CAT. In a filing disclosed on May 09th, the Representative disclosed that they had bought between $1,001 and $15,000 in Caterpillar stock on April 7th. The trade occurred in the Representative's "MORGAN STANLEY ACTIVE ASSETS (1)" account.

Representative Jared Moskowitz also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Amgen NASDAQ: AMGN on 4/16/2025.
• Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 4/16/2025.
• Sold $1,001 - $15,000 in shares of Starbucks NASDAQ: SBUX on 4/10/2025.
• Sold $15,001 - $50,000 in shares of The Goldman Sachs Group NYSE: GS on 4/10/2025.
• Sold $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 4/10/2025.
• Purchased $1,001 - $15,000 in shares of Southern NYSE: SO on 4/7/2025.
• Purchased $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 4/7/2025.
• Purchased $1,001 - $15,000 in shares of Sherwin-Williams NYSE: SHW on 4/7/2025.
• Purchased $1,001 - $15,000 in shares of Texas Instruments NASDAQ: TXN on 4/7/2025.
• Purchased $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 4/7/2025.

Caterpillar Price Performance

Shares of CAT traded down $0.15 during mid-day trading on Thursday, reaching $349.51. The company had a trading volume of 1,580,357 shares, compared to its average volume of 2,640,279. The company's 50 day simple moving average is $317.05 and its 200 day simple moving average is $354.61. The company has a market capitalization of $164.63 billion, a price-to-earnings ratio of 15.84, a P/E/G ratio of 1.87 and a beta of 1.35. Caterpillar Inc. has a 1-year low of $267.30 and a 1-year high of $418.50. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.89 and a current ratio of 1.42.

Caterpillar (NYSE:CAT - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The industrial products company reported $4.25 EPS for the quarter, missing analysts' consensus estimates of $4.35 by ($0.10). The company had revenue of $14.25 billion during the quarter, compared to analyst estimates of $14.64 billion. Caterpillar had a return on equity of 58.18% and a net margin of 16.65%. Caterpillar's revenue was down 9.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $5.60 earnings per share. Analysts expect that Caterpillar Inc. will post 19.86 EPS for the current year.

Caterpillar Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 20th. Stockholders of record on Monday, April 21st will be paid a $1.41 dividend. The ex-dividend date of this dividend is Monday, April 21st. This represents a $5.64 annualized dividend and a dividend yield of 1.61%. Caterpillar's payout ratio is 27.49%.

Insiders Place Their Bets

In related news, Director David Maclennan purchased 375 shares of the business's stock in a transaction on Wednesday, May 7th. The stock was acquired at an average price of $320.70 per share, with a total value of $120,262.50. Following the completion of the acquisition, the director now owns 6,653 shares of the company's stock, valued at approximately $2,133,617.10. This trade represents a 5.97% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Jason Kaiser sold 2,425 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $354.70, for a total transaction of $860,147.50. Following the sale, the insider now owns 6,275 shares in the company, valued at approximately $2,225,742.50. The trade was a 27.87% decrease in their position. The disclosure for this sale can be found here. 0.29% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Promethium Advisors LLC increased its position in Caterpillar by 6.0% during the 1st quarter. Promethium Advisors LLC now owns 3,821 shares of the industrial products company's stock valued at $1,260,000 after purchasing an additional 215 shares during the period. Paragon Private Wealth Management LLC purchased a new position in shares of Caterpillar in the 1st quarter worth about $202,000. Federation des caisses Desjardins du Quebec grew its holdings in shares of Caterpillar by 4.6% during the first quarter. Federation des caisses Desjardins du Quebec now owns 38,823 shares of the industrial products company's stock valued at $12,804,000 after buying an additional 1,712 shares during the last quarter. First Manhattan CO. LLC. raised its stake in shares of Caterpillar by 8.3% in the first quarter. First Manhattan CO. LLC. now owns 4,689 shares of the industrial products company's stock worth $1,546,000 after purchasing an additional 361 shares during the last quarter. Finally, GW Henssler & Associates Ltd. boosted its holdings in shares of Caterpillar by 12.7% during the 1st quarter. GW Henssler & Associates Ltd. now owns 1,017 shares of the industrial products company's stock valued at $335,000 after acquiring an additional 115 shares during the last quarter. Institutional investors own 70.98% of the company's stock.

Wall Street Analyst Weigh In

CAT has been the topic of a number of recent research reports. Evercore ISI increased their target price on Caterpillar from $365.00 to $375.00 and gave the stock an "in-line" rating in a report on Wednesday, February 19th. Morgan Stanley upgraded shares of Caterpillar from an "underweight" rating to an "equal weight" rating and reduced their price target for the company from $300.00 to $283.00 in a research report on Wednesday, April 16th. Citigroup lifted their price objective on Caterpillar from $320.00 to $370.00 and gave the stock a "buy" rating in a report on Monday, May 5th. Wedbush upgraded Caterpillar to an "outperform" rating in a research report on Monday, February 3rd. Finally, Oppenheimer raised shares of Caterpillar from a "market perform" rating to an "outperform" rating and set a $395.00 target price on the stock in a report on Thursday, May 1st. Six equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $377.83.

About Representative Moskowitz

Jared Evan Moskowitz (Democratic Party) is a member of the U.S. House, representing Florida's 23rd Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Moskowitz (Democratic Party) is running for re-election to the U.S. House to represent Florida's 23rd Congressional District. He declared candidacy for the 2026 election. Jared Evan Moskowitz was born in Coral Springs, Florida. Moskowitz graduated from Marjory Stoneman Douglas High School. He earned a bachelor's degree in political science and government from George Washington University in 2003 and a law degree from Nova Southeastern University in 2007. Moskowitz's career experience includes working as the director of the Florida Division of Emergency Management and general counsel with AshBritt Inc.

About Caterpillar

Caterpillar Inc manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools.