Intech Investment Management LLC Decreases Stock Position in Caterpillar Inc. $CAT

Intech Investment Management LLC trimmed its position in shares of Caterpillar Inc. (NYSE:CAT) by 69.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 32,617 shares of the industrial products company’s stock after selling 74,687 shares during the quarter. Intech Investment Management LLC’s holdings in Caterpillar were worth $15,563,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the company. Kilter Group LLC purchased a new stake in shares of Caterpillar during the second quarter worth $27,000. Marquette Asset Management LLC lifted its stake in shares of Caterpillar by 1,060.0% in the third quarter. Marquette Asset Management LLC now owns 58 shares of the industrial products company’s stock worth $28,000 after buying an additional 53 shares in the last quarter. RiverPark Advisors LLC acquired a new position in Caterpillar during the second quarter worth about $32,000. Joseph Group Capital Management purchased a new stake in Caterpillar during the 3rd quarter valued at about $32,000. Finally, Vermillion & White Wealth Management Group LLC raised its holdings in Caterpillar by 107.0% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 89 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 46 shares during the last quarter. 70.98% of the stock is owned by institutional investors and hedge funds.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Wells Fargo raised its price target on CAT to $870 and kept an “overweight” rating — a sizable upward revision that supports further upside expectations. Wells Fargo price target raise
• Positive Sentiment: Daiwa Securities raised its target to $790, another analyst upgrade adding to bullish analyst momentum. Daiwa price target raise
• Positive Sentiment: Large institutional flows and analyst upgrades remain supportive — recent filings show major fund increases (Norges Bank, Wellington, Capital International, MFS) and some analysts have lifted FY26 estimates.
• Positive Sentiment: Caterpillar expanded its software and services footprint by acquiring Australian mining‑software firm RPMGlobal — strategic for aftermarket/service revenue and digital offerings. RPMGlobal acquisition
• Positive Sentiment: Caterpillar Venture Capital backed ElevenEs’ Series B — a small strategic investment signaling tilt toward tech/commodity‑trading adjacencies. ElevenEs Series B
• Neutral Sentiment: Coverage comparing Caterpillar and Deere highlights divergent recent results; useful competitive context but not an immediate catalyst by itself. CAT vs Deere analysis
• Neutral Sentiment: Market commentary notes a larger diesel genset market and that CAT now trades at a premium valuation (high P/E), increasing sensitivity to any slowdown — contextual, not instantly catalytic. Diesel gensets / valuation
• Negative Sentiment: Short interest jumped ~61% in February to ~10.0M shares (≈2.2% of shares), raising near‑term bearish pressure and potential volatility if shorts cover or add. (Days‑to‑cover ≈2.5.)
• Negative Sentiment: Insider selling: director Rodney Michael Shurman sold 2,278 shares (and had earlier sales), which can be interpreted negatively by some investors even if economically modest. Insider sale filing

Caterpillar Trading Down 0.3%

NYSE CAT opened at $766.15 on Thursday. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 0.94. The stock has a market capitalization of $356.48 billion, a P/E ratio of 40.71, a PEG ratio of 1.82 and a beta of 1.58. The firm’s 50-day moving average is $660.74 and its two-hundred day moving average is $559.89. Caterpillar Inc. has a 12 month low of $267.30 and a 12 month high of $789.81.

Caterpillar (NYSE:CAT) last announced its quarterly earnings results on Thursday, January 29th. The industrial products company reported $5.16 earnings per share for the quarter, beating analysts’ consensus estimates of $4.67 by $0.49. The business had revenue of $19.13 billion during the quarter, compared to analysts’ expectations of $17.81 billion. Caterpillar had a net margin of 13.14% and a return on equity of 45.76%. The business’s revenue for the quarter was up 17.9% on a year-over-year basis. During the same period last year, the business earned $5.14 earnings per share. On average, sell-side analysts anticipate that Caterpillar Inc. will post 19.86 earnings per share for the current year.

Caterpillar Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, February 19th. Shareholders of record on Tuesday, January 20th were given a $1.51 dividend. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a $6.04 dividend on an annualized basis and a yield of 0.8%. Caterpillar’s payout ratio is presently 32.09%.

Insider Activity at Caterpillar

In other news, insider Lange Bob De sold 22,656 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $720.11, for a total transaction of $16,314,812.16. Following the completion of the transaction, the insider directly owned 79,953 shares in the company, valued at $57,574,954.83. This trade represents a 22.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Anthony D. Fassino sold 10,671 shares of Caterpillar stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $680.45, for a total value of $7,261,081.95. Following the completion of the sale, the insider directly owned 41,151 shares of the company’s stock, valued at $28,001,197.95. The trade was a 20.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 143,450 shares of company stock valued at $98,245,065 over the last ninety days. 0.33% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Robert W. Baird set a $805.00 target price on Caterpillar in a report on Friday, January 30th. UBS Group reiterated a “neutral” rating and set a $677.00 price objective on shares of Caterpillar in a research report on Monday, February 2nd. Wolfe Research boosted their price objective on Caterpillar from $470.00 to $670.00 and gave the stock an “outperform” rating in a research note on Friday, January 2nd. Bank of America boosted their price target on shares of Caterpillar from $735.00 to $825.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Finally, Jefferies Financial Group upped their price objective on shares of Caterpillar from $700.00 to $750.00 and gave the company a “buy” rating in a report on Tuesday, January 27th. Sixteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $712.52.

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.