Profund Advisors LLC Sells 656 Shares of Caterpillar Inc. $CAT

Profund Advisors LLC decreased its stake in Caterpillar Inc. (NYSE:CAT) by 6.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,821 shares of the industrial products company’s stock after selling 656 shares during the period. Profund Advisors LLC’s holdings in Caterpillar were worth $5,053,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Torren Management LLC bought a new position in shares of Caterpillar in the 4th quarter valued at about $27,000. IFS Advisors LLC bought a new position in shares of Caterpillar in the 4th quarter valued at about $31,000. Rialto Wealth Management LLC grew its holdings in shares of Caterpillar by 47.4% in the 4th quarter. Rialto Wealth Management LLC now owns 56 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 18 shares in the last quarter. Noble Wealth Management PBC grew its holdings in shares of Caterpillar by 140.0% in the 4th quarter. Noble Wealth Management PBC now owns 60 shares of the industrial products company’s stock valued at $34,000 after acquiring an additional 35 shares in the last quarter. Finally, Key Capital Management INC bought a new position in shares of Caterpillar in the 4th quarter valued at about $36,000. Institutional investors own 70.98% of the company’s stock.

Insider Activity at Caterpillar

In other news, insider Denise C. Johnson sold 12,605 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $907.91, for a total transaction of $11,444,205.55. Following the completion of the sale, the insider owned 49,825 shares in the company, valued at $45,236,615.75. The trade was a 20.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, 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 value of $14,399,860.54. Following the sale, the chief financial officer owned 52,935 shares of the company’s stock, valued at approximately $48,631,913.85. This represents a 22.85% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 100,551 shares of company stock valued at $91,170,351. Insiders own 0.33% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Wolfe Research raised their price objective on Caterpillar from $670.00 to $750.00 and gave the company an “outperform” rating in a report on Tuesday, March 31st. Oppenheimer set a $980.00 price objective on Caterpillar and gave the company an “outperform” rating in a report on Friday, May 1st. Truist Financial set a $1,043.00 target price on shares of Caterpillar in a research note on Friday, May 1st. Evercore reiterated an “outperform” rating and issued a $1,103.00 target price on shares of Caterpillar in a research note on Monday, May 11th. Finally, Williams Trading set a $825.00 target price on shares of Caterpillar in a research note on Tuesday, March 10th. Sixteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, Caterpillar has an average rating of “Moderate Buy” and a consensus price target of $923.14.

Key Stories Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analysts and market commentators continue to pitch Caterpillar as a top long-term stock, citing rising revenues, strong earnings growth, and an improving outlook for heavy equipment demand. Why Caterpillar (CAT) is a Top Stock for the Long-Term
• Positive Sentiment: Several pieces frame CAT as an emerging AI infrastructure beneficiary, pointing to engine solutions for data centers and gas compression, which could expand demand beyond traditional construction and mining end markets. Caterpillar Inc. (CAT) Discusses Capacity Expansion and Engine Solutions for Data Centers and Gas Compression Transcript
• Positive Sentiment: Investor optimism has intensified around CAT’s rerating, with some commentary suggesting the stock could keep climbing if backlog strength and AI-related demand remain intact. Price Prediction and Forecast: Can CAT Shares Hit $1000 By 2027?
• Positive Sentiment: Coverage comparing Caterpillar with Deere says CAT has the edge on revenue growth and earnings momentum, reinforcing a relatively constructive view on the stock despite tariff pressure. Caterpillar vs. Deere: Which Heavy Equipment Stock is the Better Buy?
• Neutral Sentiment: Caterpillar is drawing heavy investor attention on news feeds and search activity, which signals heightened interest but not a clear fundamental catalyst by itself. Caterpillar Inc. (CAT) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: A local report on workforce and tariff issues at a Caterpillar-related facility underscores ongoing supply-chain and trade concerns, but it does not appear to be a major company-specific negative on its own. Hassan tours Milton CAT facility to discuss workforce, tariff issues
• Negative Sentiment: Some broader market coverage noted Caterpillar among the Dow components contributing to index losses, reflecting short-term selling pressure rather than a change in CAT’s fundamentals. Caterpillar, NVIDIA Corp. share losses lead Dow’s nearly 150-point drop

Caterpillar Trading Down 2.9%

Shares of NYSE:CAT opened at $862.49 on Tuesday. Caterpillar Inc. has a 52-week low of $336.24 and a 52-week high of $931.35. The company has a market capitalization of $397.26 billion, a P/E ratio of 42.93, a price-to-earnings-growth ratio of 1.77 and a beta of 1.63. The company has a 50-day simple moving average of $778.33 and a 200 day simple moving average of $683.50. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.81 and a current ratio of 1.35.

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

Caterpillar Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 19th. Stockholders of record on Monday, April 20th will be issued a dividend of $1.51 per share. This represents a $6.04 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Monday, April 20th. Caterpillar’s payout ratio is currently 30.06%.

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.