Varma Mutual Pension Insurance Co Has $37.48 Million Position in Caterpillar Inc. $CAT

Varma Mutual Pension Insurance Co raised its holdings in Caterpillar Inc. (NYSE:CAT) by 13.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 78,556 shares of the industrial products company’s stock after acquiring an additional 9,200 shares during the quarter. Varma Mutual Pension Insurance Co’s holdings in Caterpillar were worth $37,483,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Marquette Asset Management LLC increased its position in Caterpillar by 1,060.0% during 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 during the last quarter. Joseph Group Capital Management bought a new stake in shares of Caterpillar during the 3rd quarter worth about $32,000. Kilter Group LLC acquired a new position in shares of Caterpillar during the 2nd quarter valued at about $27,000. Mid American Wealth Advisory Group Inc. bought a new position in shares of Caterpillar in the 2nd quarter valued at approximately $28,000. Finally, Sellwood Investment Partners LLC acquired a new stake in Caterpillar in the 3rd quarter worth approximately $35,000. Institutional investors and hedge funds own 70.98% of the company’s stock.

Insider Buying and Selling at Caterpillar

In other Caterpillar news, insider Lange Bob De sold 22,656 shares of the company’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $720.11, for a total value of $16,314,812.16. Following the sale, the insider directly owned 79,953 shares in the company, valued at $57,574,954.83. This represents a 22.08% 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 10,000 shares of the stock in a transaction dated Wednesday, December 31st. The stock was sold at an average price of $575.06, for a total transaction of $5,750,600.00. Following the sale, the chief financial officer owned 45,460 shares of the company’s stock, valued at $26,142,227.60. This trade represents a 18.03% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 130,545 shares of company stock worth $88,294,733 in the last three months. 0.33% of the stock is currently owned by company insiders.

Analyst Ratings Changes

CAT has been the topic of several analyst reports. CICC Research assumed coverage on Caterpillar in a report on Friday, February 6th. They set an “outperform” rating on the stock. Evercore boosted their target price on shares of Caterpillar from $476.00 to $630.00 and gave the stock an “outperform” rating in a research report on Monday, November 17th. Oppenheimer lifted their price objective on Caterpillar from $700.00 to $729.00 and gave the stock an “outperform” rating in a research note on Friday, January 30th. UBS Group reaffirmed a “neutral” rating and issued a $677.00 target price on shares of Caterpillar in a report on Monday, February 2nd. Finally, Morgan Stanley upped their price target on Caterpillar from $400.00 to $425.00 and gave the stock an “underweight” rating in a report on Tuesday, February 3rd. Sixteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $702.95.

Caterpillar Stock Performance

Shares of NYSE CAT opened at $774.01 on Thursday. The firm has a market capitalization of $362.22 billion, a price-to-earnings ratio of 41.13, a PEG ratio of 1.76 and a beta of 1.58. Caterpillar Inc. has a one year low of $267.30 and a one year high of $775.54. The business has a fifty day simple moving average of $627.47 and a 200 day simple moving average of $536.53. The company has a current ratio of 1.44, a quick ratio of 0.94 and a debt-to-equity ratio of 1.44.

Caterpillar (NYSE:CAT) last posted its quarterly earnings results on Thursday, January 29th. The industrial products company reported $5.16 earnings per share for the quarter, topping analysts’ consensus estimates of $4.67 by $0.49. Caterpillar had a net margin of 13.14% and a return on equity of 45.76%. The firm had revenue of $19.13 billion for the quarter, compared to the consensus estimate of $17.81 billion. During the same quarter in the previous year, the company earned $5.14 earnings per share. The business’s revenue was up 17.9% compared to the same quarter last year. Sell-side analysts expect that Caterpillar Inc. will post 19.86 EPS for the current year.

Caterpillar Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 19th. Investors of record on Tuesday, January 20th will be given a $1.51 dividend. This represents a $6.04 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, January 20th. Caterpillar’s dividend payout ratio is 32.09%.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Bank of America raised its price target on Caterpillar to $825 and reiterated a buy rating, signaling stronger analyst confidence that supports further upside. Read More.
• Positive Sentiment: Argus increased its price target to $820 (from $625) and kept a buy rating — another independent upgrade that reinforces bullish sentiment and helped push CAT to fresh highs. Read More.
• Positive Sentiment: Analyst upgrade commentary has driven CAT to a new one-year high, reflecting momentum from multiple broker upgrades and earnings that beat expectations. Read More.
• Positive Sentiment: Multiple stories highlight Caterpillar as an unexpected AI beneficiary — AI-enabled equipment, telematics and productivity software are reframing its growth story and supporting higher valuation multiples. Read More. Read More.
• Positive Sentiment: Caterpillar reported strong top-line momentum (EquipmentWorld: 18% rise in Q4 revenue), which underpins the upgrades and the bullish analyst tone. Read More.
• Positive Sentiment: Industry coverage cites CAT as well positioned to benefit from large infrastructure markets (e.g., India), adding a structural demand backdrop to near-term catalysts. Read More.
• Neutral Sentiment: Institutional activity: Allegheny Financial Group modestly increased its stake, a small buy-side vote but not a large position shift. Read More.
• Neutral Sentiment: Investor relations activity: CFO Andrew Bonfield will appear at the Barclays Industrial Select Conference next week — an opportunity for management to reinforce the outlook but not an immediate earnings update. Read More.
• Negative Sentiment: Insider selling: Executives Lange Bob De S. and Anthony Fassino reported stock sales (collectively ~28,689 shares), which can temper sentiment even if not large relative to overall float. Read More. Read More.
• Negative Sentiment: Cost pressure: coverage notes higher tariff costs alongside revenue growth, which could compress margins if tariffs persist or escalate. Read More.

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.