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

Key Points

• Rep. Jared Moskowitz disclosed on April 30 that he sold between $1,001 and $15,000 in Caterpillar shares on March 31 from his "MORGAN STANLEY ACTIVE ASSETS (1)" account and executed several other trades that day, including a $15,001–$50,000 sale of Qualcomm and multiple ~$1,001–$15,000 purchases.
• Caterpillar beat Q1 expectations with $5.54 EPS vs. $4.65 consensus and $17.42B revenue vs. $16.53B, reported a record backlog driven by construction and power systems (including AI/data-center demand), prompting analyst upgrades and higher price targets.
• The company announced a $1.51 quarterly dividend (ex-dividend Apr 20, payable May 19) but warned of $2.2–$2.4B in 2026 tariff costs that could pressure margins, while insiders sold roughly 125,950 shares (~$88.6M) over the past 90 days.

Representative Jared Moskowitz (Democratic-Florida) recently sold shares of Caterpillar Inc. NYSE: CAT. In a filing disclosed on April 30th, the Representative disclosed that they had sold between $1,001 and $15,000 in Caterpillar stock on March 31st. 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 Palo Alto Networks NASDAQ: PANW on 3/31/2026.
• Purchased $1,001 - $15,000 in shares of Cencora NYSE: COR on 3/31/2026.
• Purchased $1,001 - $15,000 in shares of McDonald's NYSE: MCD on 3/31/2026.
• Purchased $1,001 - $15,000 in shares of GE Aerospace NYSE: GE on 3/31/2026.
• Sold $15,001 - $50,000 in shares of Qualcomm NASDAQ: QCOM on 3/31/2026.
• Purchased $1,001 - $15,000 in shares of American Express NYSE: AXP on 3/31/2026.
• Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 3/31/2026.
• Purchased $1,001 - $15,000 in shares of Chubb NYSE: CB on 3/31/2026.
• Sold $1,001 - $15,000 in shares of Cummins NYSE: CMI on 3/31/2026.
• Purchased $1,001 - $15,000 in shares of General Dynamics NYSE: GD on 3/31/2026.

Caterpillar Trading Up 0.0%

NYSE:CAT opened at $890.15 on Friday. Caterpillar Inc. has a one year low of $318.11 and a one year high of $905.00. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.94 and a current ratio of 1.35. The firm has a market cap of $414.18 billion, a P/E ratio of 47.30, a P/E/G ratio of 2.05 and a beta of 1.63. The firm has a 50-day simple moving average of $746.86 and a 200-day simple moving average of $655.04.

Caterpillar (NYSE:CAT - Get Free Report) last posted 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 during the quarter, compared to analyst estimates of $16.53 billion. During the same quarter in the previous year, the business posted $4.25 EPS. The company's quarterly revenue was up 22.2% compared to the same quarter last year. Equities analysts anticipate that Caterpillar Inc. will post 22.89 EPS for the current fiscal year.

Caterpillar Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 19th. Stockholders of record on Monday, April 20th will be issued a $1.51 dividend. The ex-dividend date is Monday, April 20th. This represents a $6.04 annualized dividend and a dividend yield of 0.7%. Caterpillar's payout ratio is currently 32.09%.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar beat Q1 revenue and EPS expectations and reported a record backlog, driven by higher volume and pricing across construction and power systems — a core reason the stock rallied after earnings. Caterpillar expects AI-driven demand for power, construction to fuel growth — Reuters
• Positive Sentiment: Analysts sharply raised price targets and upgraded ratings (JPMorgan, Jefferies, Wells Fargo, Baird, Citigroup, Morgan Stanley among others), signaling renewed street confidence and creating upward momentum for the stock. Morgan Stanley Doubles Price Target to $915 — 247WallSt
• Positive Sentiment: Demand tied to AI/data-center buildouts is boosting Cat’s power and energy backlog; management is raising 2030 targets and plans to roughly triple power-generation capacity, which supports a multi-year growth runway beyond cyclical construction. Caterpillar to triple power generation capacity — Yahoo Finance
• Positive Sentiment: Market narrative has shifted: short interest and skeptical bears are receding as the AI-power story gains traction, amplifying upside as skeptics fold. Caterpillar’s biggest bear folds as AI power demand soars — Mining.com
• Positive Sentiment: Strategic partnerships (e.g., framework with ProPetro’s PROPWR) and large supply agreements for data-center and industrial power strengthen the revenue mix in higher-margin power systems. Caterpillar taps PROPWR and data centers — Yahoo Finance
• Neutral Sentiment: Technical momentum is strong (IBD composite rating surged toward the top of the universe) and the company announced a virtual annual shareholder meeting; these are market-interest and governance items rather than direct catalysts. IBD Composite Rating Surges — Yahoo/IBD
• Negative Sentiment: Management warned of significant tariff costs for 2026 — a $2.2B–$2.4B range — that will pressure margins and partially offset revenue strength; investors should watch margin trends and any changes to the tariff outlook. Caterpillar signals tariff cost range and 2026 sales growth — Seeking Alpha

Insider Activity at Caterpillar

In related news, insider Anthony D. Fassino sold 10,671 shares of the company's stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $680.45, for a total transaction of $7,261,081.95. Following the transaction, the insider directly owned 41,151 shares of the company's stock, valued at $28,001,197.95. This represents a 20.59% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Denise C. Johnson sold 39,138 shares of the stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $681.08, for a total value of $26,656,109.04. Following the completion of the transaction, the insider directly owned 43,350 shares in the company, valued at $29,524,818. This represents a 47.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 125,950 shares of company stock worth $88,577,390 over the last ninety days. Corporate insiders own 0.33% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on CAT. Williams Trading set a $825.00 price target on shares of Caterpillar in a report on Tuesday, March 10th. Royal Bank Of Canada boosted their price target on Caterpillar from $587.00 to $658.00 and gave the stock a "sector perform" rating in a research report on Friday, January 30th. Citigroup boosted their price target on Caterpillar from $905.00 to $1,020.00 and gave the stock a "buy" rating in a research report on Friday. UBS Group reissued a "neutral" rating and issued a $677.00 price target on shares of Caterpillar in a research report on Monday, February 2nd. Finally, Truist Financial set a $1,043.00 price target on Caterpillar in a research report on Friday. Sixteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $854.86.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Kaizen Financial Strategies increased its position in Caterpillar by 3.5% during the 1st quarter. Kaizen Financial Strategies now owns 1,247 shares of the industrial products company's stock valued at $963,000 after buying an additional 42 shares in the last quarter. 180 Wealth Advisors LLC increased its position in Caterpillar by 53.9% during the 1st quarter. 180 Wealth Advisors LLC now owns 4,179 shares of the industrial products company's stock valued at $2,961,000 after buying an additional 1,463 shares in the last quarter. Castle Wealth Management LLC acquired a new position in Caterpillar during the 1st quarter valued at about $212,000. Citizens Financial Group Inc. RI increased its position in Caterpillar by 7.4% during the 1st quarter. Citizens Financial Group Inc. RI now owns 36,156 shares of the industrial products company's stock valued at $25,615,000 after buying an additional 2,477 shares in the last quarter. Finally, Fifth Third Bancorp increased its position in Caterpillar by 17.3% during the 1st quarter. Fifth Third Bancorp now owns 591,354 shares of the industrial products company's stock valued at $418,950,000 after buying an additional 87,164 shares in the last quarter. 70.98% of the stock is owned by institutional investors and hedge funds.

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 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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