MassMutual Private Wealth & Trust FSB Reduces Holdings in Caterpillar Inc. $CAT

MassMutual Private Wealth & Trust FSB lowered its stake in shares of Caterpillar Inc. (NYSE:CAT) by 3.6% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 57,040 shares of the industrial products company’s stock after selling 2,118 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Caterpillar were worth $27,217,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Kilter Group LLC purchased a new position in shares of Caterpillar during the 2nd quarter worth approximately $27,000. Mid American Wealth Advisory Group Inc. purchased a new position in shares of Caterpillar in the 2nd quarter valued at approximately $28,000. Family Legacy Financial Solutions LLC bought a new stake in shares of Caterpillar during the second quarter valued at approximately $32,000. RiverPark Advisors LLC purchased a new stake in Caterpillar in the second quarter worth $32,000. Finally, Harbor Asset Planning Inc. bought a new position in Caterpillar in the second quarter worth $34,000. 70.98% of the stock is owned by institutional investors.

Insider Transactions at Caterpillar

In other Caterpillar news, insider Lange Bob De sold 14,638 shares of the firm’s stock in a transaction dated Wednesday, November 5th. The stock was sold at an average price of $562.36, for a total value of $8,231,825.68. Following the transaction, the insider directly owned 80,209 shares of the company’s stock, valued at approximately $45,106,333.24. This trade represents a 15.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Chairman Donald J. Umpleby III sold 17,166 shares of the company’s stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $505.29, for a total transaction of $8,673,808.14. Following the sale, the chairman directly owned 448,173 shares of the company’s stock, valued at $226,457,335.17. The trade was a 3.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 71,895 shares of company stock worth $39,758,116. Company insiders own 0.33% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. DA Davidson boosted their target price on shares of Caterpillar from $408.00 to $569.00 and gave the company a “neutral” rating in a report on Monday, November 3rd. Jefferies Financial Group lifted their price target on shares of Caterpillar from $570.00 to $700.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Weiss Ratings restated a “buy (b)” rating on shares of Caterpillar in a report on Monday, December 29th. Royal Bank Of Canada initiated coverage on shares of Caterpillar in a research note on Wednesday, October 22nd. They set a “sector perform” rating and a $560.00 target price for the company. Finally, Evercore ISI boosted their price target on Caterpillar from $476.00 to $630.00 and gave the stock an “outperform” rating in a research report on Monday, November 17th. Three analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $618.70.

Caterpillar Price Performance

CAT opened at $623.27 on Wednesday. The company’s 50-day simple moving average is $577.79 and its two-hundred day simple moving average is $489.78. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.86 and a current ratio of 1.38. The stock has a market capitalization of $291.68 billion, a P/E ratio of 32.00, a P/E/G ratio of 2.43 and a beta of 1.57. Caterpillar Inc. has a 52-week low of $267.30 and a 52-week high of $627.50.

Caterpillar (NYSE:CAT) last released its quarterly earnings data on Monday, November 3rd. The industrial products company reported $4.95 earnings per share for the quarter, beating the consensus estimate of $4.52 by $0.43. The firm had revenue of $17.64 billion during the quarter, compared to analysts’ expectations of $16.72 billion. Caterpillar had a net margin of 14.34% and a return on equity of 47.16%. The firm’s quarterly revenue was up 9.5% on a year-over-year basis. During the same period in the previous year, the company earned $5.17 earnings per share. As a group, analysts predict that Caterpillar Inc. will post 19.86 EPS for the current year.

Caterpillar Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 19th. Stockholders of record on Tuesday, January 20th will be issued a dividend of $1.51 per share. This represents a $6.04 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Tuesday, January 20th. Caterpillar’s dividend payout ratio is presently 31.01%.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar unveiled the “Cat AI Assistant” and highlighted industrial AI/autonomy at CES — a clear strategic catalyst that supports software, services and aftermarket monetization. Caterpillar Introduces Cat AI Assistant
• Positive Sentiment: Analysts and coverage are lifting targets and reiterating buys (supporting upside expectations and sentiment). Recent coverage highlights higher price targets and “outperform”/”buy” views. Caterpillar Stock Could Top $650 by Year’s End
• Positive Sentiment: AI/data‑center power demand is being cited as a new growth vector for Caterpillar’s power-generation business, improving revenue visibility for Energy & Transportation. Assessing Caterpillar (CAT) Valuation As AI Data Center Demand Drives Power Expansion Investment
• Positive Sentiment: Unusually heavy call‑option buying (large increase vs. average volume) signals short‑term bullish trading interest and may amplify intraday upside.
• Positive Sentiment: Caterpillar’s steady dividend (recently declared) supports income investors and reduces downside versus peers.
• Neutral Sentiment: CEO Joe Creed was elected Executive Chairman as predecessor D. James Umpleby III will retire April 1 — a planned succession that is mostly continuity but worth monitoring for governance changes. Caterpillar Chief Executive Officer Joe Creed Elected Chairman of the Board
• Neutral Sentiment: Broader sector momentum (industrial/industrial‑tech) is helping CAT’s move, tying performance to cyclical flows rather than company‑specific fundamentals. The S&P 500’s Top-Performing Sectors: 3 Lead the Pack in 2025 (CAT)
• Negative Sentiment: Insider selling: CFO Andrew Bonfield sold 10,000 shares (disclosed SEC filing), which market participants may read as profit‑taking amid the rally. Andrew Bonfield Sells 10,000 Shares of Caterpillar (NYSE:CAT) Stock
• Negative Sentiment: Valuation/technical caution: some analysts who praise the AI/power story are downgrading to Hold or warning the rally has priced in much of the upside, implying consolidation risk ahead of fresh earnings. Caterpillar Roars On AI Power Demand, But Easy Money Has Been Made (Downgrade)
• Negative Sentiment: Some institutional trimming (modest position reductions) suggests portfolio rebalancing after strong gains rather than firm-specific panic. Asset Management One Co. Ltd. Reduces Position in Caterpillar Inc. $CAT

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.