Severin Investments LLC Has $1.09 Million Position in Caterpillar Inc. $CAT

Severin Investments LLC grew its holdings in shares of Caterpillar Inc. (NYSE:CAT) by 68.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,898 shares of the industrial products company’s stock after acquiring an additional 770 shares during the period. Caterpillar accounts for approximately 1.0% of Severin Investments LLC’s investment portfolio, making the stock its 21st biggest holding. Severin Investments LLC’s holdings in Caterpillar were worth $1,087,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of CAT. Wellington Management Group LLP grew its holdings in Caterpillar by 3,949.8% during the 3rd quarter. Wellington Management Group LLP now owns 5,228,058 shares of the industrial products company’s stock worth $2,494,568,000 after acquiring an additional 5,098,964 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in Caterpillar by 573.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,504,612 shares of the industrial products company’s stock worth $861,947,000 after acquiring an additional 1,281,087 shares during the period. Bank of New York Mellon Corp grew its holdings in Caterpillar by 20.7% during the 3rd quarter. Bank of New York Mellon Corp now owns 3,553,930 shares of the industrial products company’s stock worth $1,695,757,000 after acquiring an additional 609,023 shares during the period. Amundi grew its holdings in Caterpillar by 24.3% during the 3rd quarter. Amundi now owns 2,375,710 shares of the industrial products company’s stock worth $1,176,870,000 after acquiring an additional 464,036 shares during the period. Finally, Vanguard Group Inc. grew its holdings in Caterpillar by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 46,385,185 shares of the industrial products company’s stock worth $26,572,681,000 after acquiring an additional 442,164 shares during the period. 70.98% of the stock is currently owned by institutional investors and hedge funds.

Caterpillar Trading Up 0.2%

NYSE:CAT opened at $910.54 on Thursday. The company has a current ratio of 1.35, a quick ratio of 0.81 and a debt-to-equity ratio of 1.64. The stock has a market capitalization of $419.39 billion, a PE ratio of 45.32, a price-to-earnings-growth ratio of 1.79 and a beta of 1.63. The firm’s 50 day moving average is $803.84 and its 200 day moving average is $698.83. Caterpillar Inc. has a 12 month low of $339.50 and a 12 month high of $931.35.

Caterpillar (NYSE:CAT) last released its quarterly earnings data on Thursday, April 30th. The industrial products company reported $5.54 earnings per share for the quarter, beating 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 analyst estimates of $16.53 billion. During the same period in the previous year, the business earned $4.25 EPS. Caterpillar’s revenue was up 22.2% compared to the same quarter last year. Sell-side analysts expect that Caterpillar Inc. will post 24.67 earnings per share for the current year.

Caterpillar Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 19th. Stockholders of record on Monday, April 20th were given 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 was Monday, April 20th. Caterpillar’s payout ratio is 30.06%.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Wall Street Zen upgraded Caterpillar from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Williams Trading set a $825.00 target price on Caterpillar in a research note on Tuesday, March 10th. Evercore restated an “outperform” rating and issued a $1,103.00 target price on shares of Caterpillar in a research note on Monday, May 11th. Sanford C. Bernstein raised their target price on Caterpillar from $769.00 to $879.00 and gave the company a “market perform” rating in a research note on Friday, May 1st. Finally, Wolfe Research raised their target price on Caterpillar from $670.00 to $750.00 and gave the company an “outperform” rating in a research note on Tuesday, March 31st. Sixteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus 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: Caterpillar was highlighted as flashing a buy signal as the S&P 500 and Nasdaq hit new highs, suggesting technical momentum may be supporting the stock. Dow Jones Futures Rise After S&P 500, Nasdaq Hit Highs; 5 AI Stocks In Buy Areas
• Positive Sentiment: Investors are also focusing on Caterpillar’s exposure to data-center power demand, with commentary pointing to about $10.2 billion in generator sales last year as a “hidden AI revenue stream.” A $10.2 Billion Hidden AI Revenue Stream Most Investors Are Missing
• Positive Sentiment: A new bill aimed at classifying municipal snow-removal machinery as emergency vehicles could modestly support future demand for Caterpillar snow-removal equipment from local governments. New Bill: Representative Jack Bergman introduces H.R. 8782: Protecting Lifesaving Operations during Winter Storms Act
• Neutral Sentiment: Additional articles discussed Caterpillar in broader market and industrial-stock roundups, but did not add new company-specific catalysts. Best Construction Stocks To Follow Today – May 23rd

Insider Activity

In other news, insider Jason Kaiser sold 5,642 shares of Caterpillar stock in a transaction on Monday, May 4th. The shares were sold at an average price of $883.03, for a total transaction of $4,982,055.26. Following the completion of the sale, the insider directly owned 9,594 shares of the company’s stock, valued at approximately $8,471,789.82. The trade was a 37.03% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Denise C. Johnson sold 12,605 shares of Caterpillar stock in a transaction 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 sale, the insider directly owned 49,825 shares of the company’s stock, valued at $45,236,615.75. This represents a 20.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 98,273 shares of company stock worth $89,439,960. Company insiders own 0.33% of the company’s stock.

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.