Caterpillar Inc. $CAT Stock Position Lowered by Howland Capital Management LLC

Howland Capital Management LLC cut its stake in shares of Caterpillar Inc. (NYSE:CAT) by 13.9% in the 3rd quarter, Holdings Channel.com reports. The firm owned 5,731 shares of the industrial products company’s stock after selling 928 shares during the period. Howland Capital Management LLC’s holdings in Caterpillar were worth $4,647,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Legacy Financial Group Inc. increased its position in Caterpillar by 9.1% during the 3rd quarter. Legacy Financial Group Inc. now owns 1,167 shares of the industrial products company’s stock worth $946,000 after purchasing an additional 97 shares during the period. NBT Bank N.A. acquired a new stake in shares of Caterpillar in the 3rd quarter valued at approximately $29,778,000. Root Financial Partners LLC lifted its holdings in shares of Caterpillar by 4.9% in the 3rd quarter. Root Financial Partners LLC now owns 5,435 shares of the industrial products company’s stock valued at $4,407,000 after buying an additional 255 shares during the period. Carter Financial Group INC. boosted its stake in shares of Caterpillar by 11.3% in the third quarter. Carter Financial Group INC. now owns 534 shares of the industrial products company’s stock valued at $433,000 after buying an additional 54 shares in the last quarter. Finally, Precedent Wealth Partners LLC boosted its stake in shares of Caterpillar by 7.1% in the third quarter. Precedent Wealth Partners LLC now owns 5,216 shares of the industrial products company’s stock valued at $4,229,000 after buying an additional 345 shares in the last quarter. 70.98% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Caterpillar news, CEO Joseph E. Creed sold 32,401 shares of Caterpillar stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $808.98, for a total value of $26,211,760.98. Following the completion of the sale, the chief executive officer owned 34,555 shares in the company, valued at $27,954,303.90. The trade was a 48.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.33% of the company’s stock.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analysts have been raising their earnings estimates, while Caterpillar’s history of positive earnings surprises and favorable Earnings ESP point to potential upside if the company exceeds expectations next week. Caterpillar Reports Next Week: Wall Street Expects Earnings Growth
• Positive Sentiment: A recent hammer chart pattern suggests CAT may have found technical support following its decline. The article also highlights broad Wall Street agreement on higher earnings estimates, strengthening the case for a near-term recovery. Bears Are Losing Control Over Caterpillar
• Positive Sentiment: Caterpillar is maintaining its dividend while benefiting from strong cash generation, a reported record $72 billion backlog and a higher 2026 sales-growth outlook. These factors support earnings visibility and the potential for future dividend increases. CAT Keeps Dividend Unchanged
• Neutral Sentiment: Brokerages’ reported consensus price target of $967.83 implies substantial long-term upside, although target prices are estimates rather than guarantees. Caterpillar Consensus Target Price
• Negative Sentiment: Some investors remain concerned about how far CAT could fall after its recent rally, and reported ETF net selling may add short-term technical pressure. How Big Could Caterpillar Stock’s Next Fall Be?

Analyst Ratings Changes

Several research analysts have issued reports on CAT shares. Erste Group Bank cut Caterpillar from a “buy” rating to a “hold” rating in a research report on Monday, July 27th. Oppenheimer reduced their target price on Caterpillar from $1,118.00 to $1,009.00 and set an “outperform” rating for the company in a report on Wednesday, October 14th. President Capital initiated coverage on shares of Caterpillar in a research report on Friday, September 18th. They set a “buy” rating and a $999.00 target price on the stock. Royal Bank Of Canada upped their price target on shares of Caterpillar from $877.00 to $897.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 5th. Finally, Weiss Ratings upgraded shares of Caterpillar from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, October 14th. Fifteen analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat.com, Caterpillar presently has an average rating of “Moderate Buy” and a consensus price target of $967.83.

Caterpillar Trading Down 5.0%

NYSE:CAT opened at $703.30 on Friday. Caterpillar Inc. has a 52-week low of $513.01 and a 52-week high of $1,073.46. The company has a quick ratio of 0.85, a current ratio of 1.37 and a debt-to-equity ratio of 1.65. The stock has a fifty day simple moving average of $802.23 and a 200-day simple moving average of $856.84. The company has a market capitalization of $323.28 billion, a PE ratio of 30.26, a price-to-earnings-growth ratio of 1.27 and a beta of 1.58.

Caterpillar (NYSE:CAT) last issued its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $8.17 EPS for the quarter, beating analysts’ consensus estimates of $6.22 by $1.95. Caterpillar had a net margin of 14.51% and a return on equity of 55.53%. The firm had revenue of $20.54 billion for the quarter, compared to analysts’ expectations of $19.34 billion. During the same period in the prior year, the company earned $4.72 EPS. The firm’s revenue was up 23.7% on a year-over-year basis. On average, equities research analysts expect that Caterpillar Inc. will post 27.74 earnings per share for the current fiscal year.

Caterpillar Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 19th. Stockholders of record on Monday, October 26th will be given a $1.63 dividend. The ex-dividend date of this dividend is Monday, October 26th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 0.9%. Caterpillar’s payout ratio is currently 28.06%.

Caterpillar Profile

Caterpillar Inc is a manufacturer of construction, mining, and industrial equipment. Its product portfolio includes excavators, bulldozers, wheel loaders, motor graders, articulated trucks, and other machinery used in construction, infrastructure development, mining, quarrying, forestry, and related industries. The company also produces diesel and natural gas engines, industrial gas turbines, generator sets, and other power-generation and transportation equipment.

Caterpillar operates through businesses focused on construction industries, resource industries, and energy and transportation.