Levin Capital Strategies L.P. Has $43.11 Million Holdings in Caterpillar Inc. $CAT

Levin Capital Strategies L.P. trimmed its holdings in Caterpillar Inc. (NYSE:CAT) by 0.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 75,245 shares of the industrial products company’s stock after selling 621 shares during the period. Caterpillar accounts for approximately 3.7% of Levin Capital Strategies L.P.’s holdings, making the stock its 5th largest position. Levin Capital Strategies L.P.’s holdings in Caterpillar were worth $43,106,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Torren Management LLC bought a new stake in Caterpillar in the fourth quarter worth approximately $27,000. Marquette Asset Management LLC boosted its holdings in shares of Caterpillar by 1,060.0% during the 3rd quarter. Marquette Asset Management LLC now owns 58 shares of the industrial products company’s stock worth $28,000 after buying an additional 53 shares during the period. IFS Advisors LLC bought a new stake in shares of Caterpillar during the 4th quarter worth $31,000. Joseph Group Capital Management bought a new stake in shares of Caterpillar during the 3rd quarter worth $32,000. Finally, Rialto Wealth Management LLC boosted its holdings 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 buying an additional 18 shares during the period. 70.98% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, CEO Joseph E. Creed sold 2,500 shares of the stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $718.93, for a total value of $1,797,325.00. Following the completion of the transaction, the chief executive officer owned 35,083 shares in the company, valued at approximately $25,222,221.19. This represents a 6.65% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Denise C. Johnson sold 39,138 shares of the stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $681.08, for a total transaction of $26,656,109.04. Following the completion of the transaction, the insider owned 43,350 shares of the company’s stock, valued at approximately $29,524,818. This represents a 47.45% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 125,950 shares of company stock worth $88,577,390. Insiders own 0.33% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on CAT. Citigroup upped their price objective on shares of Caterpillar from $785.00 to $905.00 and gave the stock a “buy” rating in a report on Monday, April 13th. Barclays upped their price objective on shares of Caterpillar from $625.00 to $700.00 and gave the stock an “equal weight” rating in a report on Tuesday, March 31st. Argus upped their price objective on shares of Caterpillar from $625.00 to $820.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Royal Bank Of Canada upped 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. Finally, Oppenheimer upped their price objective on shares of Caterpillar from $817.00 to $832.00 and gave the stock an “outperform” rating in a report on Tuesday, April 14th. Sixteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $767.77.

Caterpillar Price Performance

NYSE:CAT opened at $810.23 on Thursday. The stock has a market cap of $376.99 billion, a P/E ratio of 43.05, a PEG ratio of 1.91 and a beta of 1.52. Caterpillar Inc. has a one year low of $302.17 and a one year high of $845.27. The company has a fifty day moving average price of $744.25 and a 200 day moving average price of $653.39. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 0.94.

Caterpillar (NYSE:CAT) last released its earnings results on Thursday, April 30th. The industrial products company reported $5.54 EPS for the quarter, beating the consensus estimate of $4.57 by $0.97. Caterpillar had a net margin of 13.14% and a return on equity of 45.76%. The firm had revenue of $17.42 billion during the quarter, compared to analysts’ expectations of $16.43 billion. Analysts anticipate that Caterpillar Inc. will post 22.89 earnings per share for the current year.

Caterpillar Dividend Announcement

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

Key Stories Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Q1 results: Caterpillar beat estimates — adjusted EPS $5.54 vs. $4.57 expected and revenue of ~$17.4B (up ~22% Y/Y). Strong margins, 45.8% ROE and robust cash returns (share repurchases/dividends of $5.7B) support earnings quality and shareholder returns. Caterpillar Reports First-Quarter 2026 Results
• Positive Sentiment: Energy/power growth: Caterpillar struck a framework agreement with ProPetro’s PROPWR to supply up to 2.1 GW of power generation assets for data centers, oil & gas and industrial customers — a boost to the Power Systems segment and recurring aftermarket opportunities. PROPWR Secures Strategic Framework Agreement with Caterpillar Inc.
• Positive Sentiment: Analyst support: Bank of America raised its price target on CAT and reiterated a Buy, citing broadening equipment demand recovery; continued analyst upgrades help underpin longer?term sentiment. Bank of America Sees Caterpillar Benefiting From Broadening Equipment Demand Recovery
• Neutral Sentiment: Minor estimate tweaks: Erste Group nudged FY2026/27 EPS estimates slightly higher — a modest incremental validation of the beat but not a large guidance shift. MarketBeat Analyst Note
• Neutral Sentiment: Pre?earnings coverage framed CAT as a mixed case: rising revenue and EPS but with factors to watch; these previews set expectations ahead of the print. Caterpillar Q1 earnings preview
• Negative Sentiment: Valuation and cost concerns: Analysts and previews flagged a premium valuation after a strong YTD run and noted higher costs could pressure margins; that likely explains some profit?taking despite the beat. Caterpillar is Set to Report Q1 Earnings: Buy, Sell or Hold the 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.