Mariner LLC Has $185.02 Million Stake in Caterpillar Inc. $CAT

Mariner LLC raised its stake in shares of Caterpillar Inc. (NYSE:CAT) by 5.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 322,922 shares of the industrial products company’s stock after buying an additional 15,893 shares during the period. Mariner LLC’s holdings in Caterpillar were worth $185,015,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of CAT. Mill Creek Capital Advisors LLC purchased a new stake in shares of Caterpillar during the fourth quarter worth $203,000. Nicolet Advisory Services LLC grew its stake in Caterpillar by 15.3% in the fourth quarter. Nicolet Advisory Services LLC now owns 5,691 shares of the industrial products company’s stock valued at $3,584,000 after purchasing an additional 754 shares in the last quarter. Focus Partners Wealth increased its position in Caterpillar by 24.5% in the 4th quarter. Focus Partners Wealth now owns 395,641 shares of the industrial products company’s stock worth $226,632,000 after purchasing an additional 77,742 shares during the last quarter. Fort Point Capital Partners LLC raised its stake in shares of Caterpillar by 1.0% during the 4th quarter. Fort Point Capital Partners LLC now owns 3,914 shares of the industrial products company’s stock worth $2,242,000 after purchasing an additional 39 shares in the last quarter. Finally, Icon Wealth Advisors LLC raised its stake in shares of Caterpillar by 27.3% during the 4th quarter. Icon Wealth Advisors LLC now owns 2,159 shares of the industrial products company’s stock worth $1,240,000 after purchasing an additional 463 shares in the last quarter. 70.98% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on CAT shares. Rothschild & Co Redburn boosted their price target on Caterpillar from $700.00 to $950.00 and gave the company a “neutral” rating in a research note on Thursday, May 14th. Sanford C. Bernstein boosted their target price on shares of Caterpillar from $769.00 to $879.00 and gave the stock a “market perform” rating in a research report on Friday, May 1st. Oppenheimer set a $980.00 price target on shares of Caterpillar and gave the stock an “outperform” rating in a research note on Friday, May 1st. Daiwa Securities Group raised their price target on shares of Caterpillar from $790.00 to $900.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Finally, Argus upped their price objective on shares of Caterpillar from $820.00 to $990.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Caterpillar currently has an average rating of “Moderate Buy” and an average target price of $933.27.

Insider Buying and Selling

In other Caterpillar news, insider Anthony D. Fassino sold 16,283 shares of the firm’s stock in a transaction that occurred 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 sale, the insider owned 46,041 shares of the company’s stock, valued at $42,210,388.80. This trade represents a 26.13% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Andrew R. J. Bonfield sold 15,674 shares of Caterpillar stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $918.71, for a total value of $14,399,860.54. Following the completion of the transaction, the chief financial officer directly owned 52,935 shares in the company, valued at approximately $48,631,913.85. This represents a 22.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 95,773 shares of company stock valued at $87,642,635 in the last quarter. Insiders own 0.33% of the company’s stock.

Key Headlines Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar raised its quarterly dividend by 8% to $1.63 per share, extending its dividend-growth streak to 32 consecutive years and signaling confidence in cash generation and future returns to shareholders.
• Positive Sentiment: Analysts at Erste Group lifted FY2026 and FY2027 earnings estimates for Caterpillar, reflecting expectations for stronger profitability ahead.
• Positive Sentiment: Caterpillar was highlighted on Zacks’ “best momentum stocks” list, which can reinforce bullish trader interest and momentum buying.
• Positive Sentiment: Recent bullish commentary pointed to strong Q1 results, including 22% revenue growth and a backlog of $62.7 billion, suggesting healthy demand across Caterpillar’s core markets.
• Neutral Sentiment: Caterpillar and Austal announced a global value agreement, but the available details do not clearly indicate a material near-term financial impact for CAT. Austal and Caterpillar in Global Value Agreement
• Negative Sentiment: Some market commentary warned that Caterpillar’s recent run-up leaves the stock vulnerable to a reversal on valuation concerns after a sharp move higher.
• Negative Sentiment: The stock also recently pulled back from its year-to-date high, with technical traders citing a possible double-top pattern, which may be limiting near-term upside.

Caterpillar Trading Up 0.0%

Shares of CAT stock opened at $910.78 on Monday. Caterpillar Inc. has a 12 month low of $355.70 and a 12 month high of $946.83. The company has a market cap of $419.50 billion, a PE ratio of 45.34, a price-to-earnings-growth ratio of 1.80 and a beta of 1.59. The company has a quick ratio of 0.81, a current ratio of 1.35 and a debt-to-equity ratio of 1.64. The business’s 50 day moving average is $851.85 and its two-hundred day moving average is $727.82.

Caterpillar (NYSE:CAT) last issued its quarterly earnings data 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 business had revenue of $17.42 billion during the quarter, compared to analysts’ expectations of $16.53 billion. During the same period in the previous year, the company earned $4.25 earnings per share. Caterpillar’s revenue for the quarter was up 22.2% on a year-over-year basis. Equities analysts predict that Caterpillar Inc. will post 24.62 EPS for the current year.

Caterpillar Increases Dividend

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

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.