Caterpillar Inc. $CAT Shares Purchased by Aspen Investment Management Inc

Aspen Investment Management Inc increased its position in shares of Caterpillar Inc. (NYSE:CAT) by 32.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 3,867 shares of the industrial products company’s stock after acquiring an additional 937 shares during the period. Aspen Investment Management Inc’s holdings in Caterpillar were worth $2,215,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of CAT. Plancorp LLC increased its holdings in Caterpillar by 0.5% during the 4th quarter. Plancorp LLC now owns 2,777 shares of the industrial products company’s stock worth $1,591,000 after purchasing an additional 15 shares during the period. BlueStem Wealth Partners LLC increased its holdings in Caterpillar by 1.3% during the 4th quarter. BlueStem Wealth Partners LLC now owns 1,192 shares of the industrial products company’s stock worth $683,000 after purchasing an additional 15 shares during the period. Revolve Wealth Partners LLC increased its holdings in Caterpillar by 2.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 681 shares of the industrial products company’s stock worth $390,000 after purchasing an additional 16 shares during the period. Security Financial Services INC. increased its holdings in Caterpillar by 0.4% during the 4th quarter. Security Financial Services INC. now owns 3,609 shares of the industrial products company’s stock worth $2,068,000 after purchasing an additional 16 shares during the period. Finally, Purus Wealth Management LLC increased its holdings in Caterpillar by 0.5% during the 4th quarter. Purus Wealth Management LLC now owns 3,018 shares of the industrial products company’s stock worth $1,729,000 after purchasing an additional 16 shares during the period. Institutional investors and hedge funds own 70.98% of the company’s stock.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Zacks Research raised multiple Caterpillar earnings forecasts across 2026, 2027 and 2028, signaling stronger expected profitability and supporting a higher valuation for the stock.
• Positive Sentiment: Analysts also increased Caterpillar’s long-term fair value and price targets, reflecting improving growth expectations and suggesting Wall Street sees more upside than before.
• Positive Sentiment: Jim Cramer said Caterpillar is “integral to data center construction,” highlighting a new demand driver tied to AI infrastructure buildout, which could broaden the company’s growth narrative. Article Title
• Positive Sentiment: The company’s “Building Beyond” internship coverage spotlighted Caterpillar’s use of new AI, reinforcing investor interest in its technology and workforce development efforts. Article Title
• Neutral Sentiment: Caterpillar was mentioned in several stock-screening and watchlist articles for industrial, mining, and construction names, which adds visibility but does not by itself change fundamentals.
• Negative Sentiment: One story noted concerns around workforce and tariff issues at a Caterpillar-related facility, which could be a mild headwind if trade or labor costs intensify. Article Title

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on CAT. Morgan Stanley set a $915.00 price target on Caterpillar and gave the stock an “equal weight” rating in a report on Friday, May 1st. Oppenheimer set a $980.00 price target on Caterpillar and gave the stock an “outperform” rating in a report on Friday, May 1st. Evercore restated an “outperform” rating and set a $1,103.00 price target on shares of Caterpillar in a report on Monday, May 11th. Williams Trading set a $825.00 price target on Caterpillar in a report on Tuesday, March 10th. Finally, Wolfe Research upped their price target on Caterpillar from $670.00 to $750.00 and gave the stock an “outperform” rating in a report on Tuesday, March 31st. Sixteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, Caterpillar has a consensus rating of “Moderate Buy” and an average target price of $923.14.

Caterpillar Trading Up 1.6%

CAT opened at $873.91 on Thursday. Caterpillar Inc. has a one year low of $336.24 and a one year high of $931.35. The company has a market cap of $402.52 billion, a P/E ratio of 43.50, a PEG ratio of 1.70 and a beta of 1.63. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.81 and a current ratio of 1.35. The business’s 50-day simple moving average is $785.30 and its 200-day simple moving average is $687.48.

Caterpillar (NYSE:CAT) last released its quarterly earnings data on Thursday, April 30th. The industrial products company reported $5.54 EPS for the quarter, beating analysts’ consensus estimates of $4.65 by $0.89. Caterpillar had a return on equity of 48.21% and a net margin of 13.33%.The business had revenue of $17.42 billion for the quarter, compared to the consensus estimate of $16.53 billion. During the same quarter in the prior year, the business posted $4.25 EPS. The business’s revenue for the quarter was up 22.2% on a year-over-year basis. As a group, equities research analysts expect that Caterpillar Inc. will post 24.67 EPS for the current fiscal year.

Caterpillar Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 19th. Stockholders of record on Monday, April 20th were issued a $1.51 dividend. The ex-dividend date was 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 presently 30.06%.

Insiders Place Their Bets

In related news, insider Jason Kaiser sold 5,642 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $883.03, for a total transaction of $4,982,055.26. Following the transaction, the insider owned 9,594 shares in the company, valued at $8,471,789.82. This trade represents a 37.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Lange Bob De sold 24,222 shares of the firm’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $922.92, for a total value of $22,354,968.24. Following the transaction, the insider owned 86,029 shares in the company, valued at $79,397,884.68. This represents a 21.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 100,551 shares of company stock worth $91,170,351. 0.33% of the stock is currently owned by company insiders.

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.