J. Safra Sarasin Holding AG Lowers Stock Position in Caterpillar Inc. $CAT

J. Safra Sarasin Holding AG reduced its position in Caterpillar Inc. (NYSE:CAT) by 85.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,041 shares of the industrial products company’s stock after selling 62,816 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in Caterpillar were worth $7,821,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Lam Group Inc. purchased a new stake in shares of Caterpillar during the 1st quarter worth about $26,000. Torren Management LLC purchased a new position in Caterpillar in the fourth quarter valued at approximately $27,000. Frazier Financial Advisors LLC lifted its position in Caterpillar by 220.0% during the fourth quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company’s stock valued at $28,000 after buying an additional 33 shares in the last quarter. Cedar Mountain Advisors LLC grew its stake in Caterpillar by 82.1% during the first quarter. Cedar Mountain Advisors LLC now owns 51 shares of the industrial products company’s stock worth $36,000 after buying an additional 23 shares during the period. Finally, IFS Advisors LLC acquired a new stake in shares of Caterpillar in the fourth quarter worth $31,000. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Insider Buying and Selling

In related news, CFO Andrew R. J. Bonfield sold 15,674 shares of the business’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $918.71, for a total transaction of $14,399,860.54. Following the completion of the transaction, the chief financial officer owned 52,935 shares in the company, valued at $48,631,913.85. The trade was a 22.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Anthony D. Fassino sold 16,283 shares of the company’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $916.80, for a total value of $14,928,254.40. Following the transaction, the insider owned 46,041 shares of the company’s stock, valued at approximately $42,210,388.80. The trade was a 26.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 95,773 shares of company stock valued at $87,642,635 over the last 90 days. 0.33% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research firms recently weighed in on CAT. DA Davidson lifted their target price on shares of Caterpillar from $650.00 to $845.00 and gave the company a “neutral” rating in a report on Monday, May 4th. Barclays raised their price objective on Caterpillar from $700.00 to $800.00 and gave the company an “equal weight” rating in a research report on Friday, May 1st. Bank of America boosted their price objective on Caterpillar from $930.00 to $989.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Wells Fargo & Company increased their target price on Caterpillar from $1,050.00 to $1,155.00 and gave the company an “overweight” rating in a research note on Tuesday, June 23rd. Finally, Wall Street Zen upgraded Caterpillar from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $976.76.

Key Stories Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar’s Construction Industries segment is showing strong momentum, with Q1 2026 sales up 38% year over year. That performance is helping support the case for sustained growth in one of CAT’s most important businesses. Can CAT’s Construction Industries Segment Deliver Sustained Growth?
• Positive Sentiment: The company is also leaning more heavily into recurring revenue through digital tools, equipment rental, and technology-driven services, which could improve earnings visibility and support its 2030 growth goals. Caterpillar (CAT) Bets On Recurring Revenue After 38% Construction Sales Surge
• Positive Sentiment: Brokerage coverage remains constructive, with Caterpillar receiving a consensus “Moderate Buy” rating, reinforcing investor confidence in the stock’s longer-term fundamentals. Caterpillar Inc. (NYSE:CAT) Given Consensus Recommendation of “Moderate Buy” by Brokerages
• Neutral Sentiment: Several comparison and “stocks to watch” articles mention Caterpillar alongside other industrial and construction names, which adds visibility but does not itself change the company’s fundamentals. Caterpillar vs. Oshkosh: Which Industrials Stock Is a Better Buy in 2026?
• Neutral Sentiment: An article highlighting Caterpillar as a potential beneficiary of Federal Reserve pivot expectations points to macro-rate optimism, but the impact is indirect and mostly sentiment-driven. 5 Best Stocks to Buy Following Federal Reserve Pivot Expectations

Caterpillar Stock Performance

Shares of CAT opened at $932.41 on Tuesday. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.35 and a quick ratio of 0.81. Caterpillar Inc. has a 12-month low of $402.23 and a 12-month high of $1,073.46. The business’s fifty day moving average price is $931.66 and its 200 day moving average price is $785.96. The stock has a market capitalization of $429.46 billion, a PE ratio of 46.41, a price-to-earnings-growth ratio of 1.88 and a beta of 1.57.

Caterpillar (NYSE:CAT) last issued its earnings results on Thursday, April 30th. The industrial products company reported $5.54 earnings per share for the quarter, topping analysts’ consensus estimates of $4.65 by $0.89. Caterpillar had a net margin of 13.33% and a return on equity of 48.21%. The company had revenue of $17.41 billion for the quarter, compared to analysts’ expectations of $16.53 billion. During the same period in the prior year, the company earned $4.25 earnings per share. The firm’s revenue was up 22.2% compared to the same quarter last year. Equities research analysts forecast that Caterpillar Inc. will post 24.71 EPS for the current year.

Caterpillar Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Monday, July 20th will be issued a $1.63 dividend. This is an increase from Caterpillar’s previous quarterly dividend of $1.51. This represents a $6.52 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Monday, July 20th. Caterpillar’s dividend payout ratio is 30.06%.

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.