HB Wealth Management LLC Purchases 814 Shares of Caterpillar Inc. $CAT

HB Wealth Management LLC boosted its holdings in Caterpillar Inc. (NYSE:CAT) by 1.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 45,409 shares of the industrial products company’s stock after buying an additional 814 shares during the period. HB Wealth Management LLC’s holdings in Caterpillar were worth $26,014,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in CAT. Illinois Municipal Retirement Fund boosted its stake in shares of Caterpillar by 7.3% in the 3rd quarter. Illinois Municipal Retirement Fund now owns 17,262 shares of the industrial products company’s stock worth $8,237,000 after buying an additional 1,181 shares during the last quarter. Caprock Group LLC purchased a new stake in shares of Caterpillar during the 3rd quarter valued at about $8,893,000. ZEGA Investments LLC increased its position in shares of Caterpillar by 149.6% during the 3rd quarter. ZEGA Investments LLC now owns 4,184 shares of the industrial products company’s stock valued at $1,996,000 after purchasing an additional 2,508 shares during the last quarter. State of New Jersey Common Pension Fund D boosted its stake in shares of Caterpillar by 2.5% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 165,677 shares of the industrial products company’s stock worth $79,053,000 after acquiring an additional 4,010 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC boosted its stake in shares of Caterpillar by 3.6% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 73,363 shares of the industrial products company’s stock worth $35,023,000 after acquiring an additional 2,565 shares during the last quarter. 70.98% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Caterpillar news, insider Anthony D. Fassino sold 7,891 shares of the business’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $776.90, for a total value of $6,130,517.90. Following the completion of the sale, the insider directly owned 46,643 shares of the company’s stock, valued at $36,236,946.70. The trade was a 14.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Rodney Michael Shurman sold 2,278 shares of the firm’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $759.61, for a total value of $1,730,391.58. Following the transaction, the insider owned 1,443 shares in the company, valued at $1,096,117.23. The trade was a 61.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 125,950 shares of company stock worth $88,577,390 over the last 90 days. Corporate insiders own 0.33% of the company’s stock.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Wells Fargo and other outlets bumped price targets and reiterated buy ratings, citing stronger data-center demand (AI-related) and an industrial recovery that could drive meaningful upside for CAT. Caterpillar Stock Can Gain 20%, Analyst Says. How Meta Might Give Shares a Boost.
• Positive Sentiment: Truist and other analyst commentary remain constructive, with forecasts expecting further EPS growth — supporting the bullish narrative for shares. Caterpillar (NYSE:CAT) Stock Price Expected to Rise, Truist Financial Analyst Says
• Positive Sentiment: Caterpillar reiterated its quarterly dividend ($1.51 per share) and emphasized commitment to shareholder value amid a management change — a supportive signal for income-focused investors. Caterpillar Inc. (CAT) Asserts Commitment to Shareholder Value Amid Management Change
• Positive Sentiment: Caterpillar promoted a longtime executive to CFO, providing continuity in financial leadership during the transition — reduces execution risk around capital allocation and the dividend. Industry Roundup: Caterpillar Names Longtime Executive as New CFO
• Positive Sentiment: Strategic tech moves — a Geotab telematics partnership and the acquisition of a California self-driving tractor startup — bolster CAT’s fleet services, data offerings and autonomous capabilities, supporting higher-margin, recurring-revenue prospects. Caterpillar Partners with Geotab on Full Fleet Telematics Caterpillar acquires Californian self-driving tractor startup
• Neutral Sentiment: Long-form coverage speculates on very high upside (e.g., $1,000+ targets) after large YTD gains — useful for sentiment but speculative; investors should weigh valuation (P/E ~43) against growth assumptions. Is Caterpillar stock headed for $1,000 after soaring 170% in a year
• Neutral Sentiment: General coverage highlights earnings strength and inclusion on watchlists (Zacks, IBD) — positive visibility but not new fundamental news. Earnings Growth & Price Strength Make Caterpillar (CAT) a Stock to Watch
• Neutral Sentiment: Note: a press release about “CAT Strategic” (ticker CAT) refers to a small mining/metal junior and is unrelated to Caterpillar Inc.; ignore for CAT equity analysis. CAT Strategic Announces First Tranche Closing and Upsizing of the Offering

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. DA Davidson lifted their price target on shares of Caterpillar from $569.00 to $650.00 and gave the company a “neutral” rating in a report on Monday, February 2nd. Barclays boosted their price target on Caterpillar from $625.00 to $700.00 and gave the stock an “equal weight” rating in a report on Tuesday, March 31st. Truist Financial boosted their price target on Caterpillar from $786.00 to $920.00 and gave the stock a “buy” rating in a report on Monday. Daiwa Securities Group boosted their price target on Caterpillar from $640.00 to $790.00 in a report on Wednesday, February 25th. Finally, Wolfe Research raised their target price on shares of Caterpillar from $670.00 to $750.00 and gave the company an “outperform” rating in a research note on Tuesday, March 31st. Sixteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $761.64.

Caterpillar Price Performance

Shares of Caterpillar stock opened at $808.96 on Thursday. The stock has a market cap of $376.40 billion, a price-to-earnings ratio of 42.98, a price-to-earnings-growth ratio of 1.88 and a beta of 1.52. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.94 and a current ratio of 1.44. The stock has a 50 day moving average price of $738.25 and a 200-day moving average price of $641.87. Caterpillar Inc. has a one year low of $295.18 and a one year high of $820.20.

Caterpillar (NYSE:CAT) last announced its earnings results on Thursday, January 29th. The industrial products company reported $5.16 earnings per share for the quarter, beating the consensus estimate of $4.67 by $0.49. Caterpillar had a net margin of 13.14% and a return on equity of 45.76%. The business had revenue of $19.13 billion for the quarter, compared to the consensus estimate of $17.81 billion. During the same quarter in the prior year, the firm posted $5.14 earnings per share. The business’s revenue for the quarter was up 17.9% on a year-over-year basis. Equities analysts expect that Caterpillar Inc. will post 22.88 EPS for the current year.

Caterpillar Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 19th. Shareholders 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 yield of 0.7%. Caterpillar’s dividend payout ratio (DPR) is presently 32.09%.

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.