Caterpillar Inc. $CAT Shares Bought by May Hill Capital LLC

May Hill Capital LLC raised its holdings in Caterpillar Inc. (NYSE:CAT) by 114.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,824 shares of the industrial products company’s stock after acquiring an additional 974 shares during the quarter. May Hill Capital LLC’s holdings in Caterpillar were worth $1,045,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in CAT. Torren Management LLC purchased a new position in shares of Caterpillar in the fourth quarter valued at $27,000. IFS Advisors LLC purchased a new position in shares of Caterpillar in the fourth quarter valued at $31,000. Rialto Wealth Management LLC increased its position in shares of Caterpillar by 47.4% in the fourth quarter. Rialto Wealth Management LLC now owns 56 shares of the industrial products company’s stock valued at $32,000 after buying an additional 18 shares in the last quarter. Noble Wealth Management PBC increased its position in shares of Caterpillar by 140.0% in the fourth quarter. Noble Wealth Management PBC now owns 60 shares of the industrial products company’s stock valued at $34,000 after buying an additional 35 shares in the last quarter. Finally, Sellwood Investment Partners LLC purchased a new position in shares of Caterpillar in the third quarter valued at $35,000. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Caterpillar Stock Down 3.4%

CAT opened at $888.90 on Friday. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.35 and a quick ratio of 0.81. The stock has a market capitalization of $409.42 billion, a price-to-earnings ratio of 44.25, a price-to-earnings-growth ratio of 1.77 and a beta of 1.63. The business has a 50-day moving average of $775.21 and a two-hundred day moving average of $680.05. Caterpillar Inc. has a 12 month low of $336.24 and a 12 month high of $931.35.

Caterpillar (NYSE:CAT) last posted its quarterly earnings results on Thursday, April 30th. The industrial products company reported $5.54 EPS for the quarter, beating the consensus estimate of $4.65 by $0.89. The company had revenue of $17.42 billion during the quarter, compared to analysts’ expectations of $16.53 billion. Caterpillar had a return on equity of 48.21% and a net margin of 13.33%.The firm’s revenue was up 22.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $4.25 EPS. On average, research analysts expect that Caterpillar Inc. will post 24.48 earnings per share for the current year.

Caterpillar Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 19th. Shareholders of record on Monday, April 20th will be issued a $1.51 dividend. The ex-dividend date is Monday, April 20th. This represents a $6.04 annualized dividend and a yield of 0.7%. Caterpillar’s payout ratio is 30.06%.

Insider Buying and Selling

In other Caterpillar news, CAO William E. Schaupp sold 360 shares of Caterpillar stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $906.00, for a total value of $326,160.00. Following the completion of the sale, the chief accounting officer owned 530 shares in the company, valued at $480,180. The trade was a 40.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Lange Bob De sold 24,222 shares of Caterpillar stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $922.92, for a total value of $22,354,968.24. Following the completion of the sale, the insider owned 86,029 shares of the company’s stock, valued at $79,397,884.68. This trade represents a 21.97% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 103,287 shares of company stock worth $93,259,774 over the last ninety days. Insiders own 0.33% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on CAT. Barclays raised their price target on Caterpillar from $700.00 to $800.00 and gave the company an “equal weight” rating in a research report on Friday, May 1st. DA Davidson raised their price target on Caterpillar from $650.00 to $845.00 and gave the company a “neutral” rating in a research report on Monday, May 4th. Bank of America lifted their price objective on Caterpillar from $930.00 to $989.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. HSBC lifted their price objective on Caterpillar from $850.00 to $1,100.00 in a research report on Tuesday, May 5th. Finally, Williams Trading set a $825.00 price objective on Caterpillar in a research report on Tuesday, March 10th. Sixteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, Caterpillar presently has an average rating of “Moderate Buy” and an average target price of $923.14.

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Rothschild & Co Redburn lifted its price target on Caterpillar to $950 from $700, signaling continued upside potential despite keeping a neutral rating. Rothschild & Co Redburn adjusts price target on Caterpillar to $950 from $700, maintains neutral rating
• Positive Sentiment: Commentary from Jim Cramer called Caterpillar “a buy,” citing oil and gas exposure, infrastructure spending, and AI data-center power demand as potential tailwinds. Jim Cramer Says Caterpillar Is a Buy
• Positive Sentiment: Caterpillar said it is hiring 600 workers at its Sanford, North Carolina plant to support compact track loader production, suggesting strong demand and added manufacturing activity. Caterpillar hiring 600 jobs at Sanford plant
• Positive Sentiment: Industry research on Saudi Arabia’s construction equipment market pointed to Caterpillar as a key player in a market expected to grow steadily through 2030, supported by large infrastructure projects. Saudi Arabia Construction Equipment Industry Research 2026-2031 Featuring Caterpillar

Caterpillar 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.