Caterpillar (NYSE:CAT) CFO Sells $14,399,860.54 in Stock

Caterpillar Inc. (NYSE:CAT) CFO Andrew Bonfield sold 15,674 shares of the business’s stock in a transaction dated 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 in the company, valued at approximately $48,631,913.85. This trade represents a 22.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Caterpillar Stock Performance

NYSE:CAT opened at $896.14 on Friday. The stock has a market cap of $412.75 billion, a P/E ratio of 44.61, a price-to-earnings-growth ratio of 1.80 and a beta of 1.63. 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’s 50-day moving average is $755.75 and its 200-day moving average is $664.91. Caterpillar Inc. has a 1-year low of $323.31 and a 1-year high of $931.35.

Caterpillar (NYSE:CAT) last released its quarterly earnings results on Thursday, April 30th. The industrial products company reported $5.54 earnings per share for the quarter, topping the consensus estimate of $4.65 by $0.89. The company had revenue of $17.42 billion for 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 business’s quarterly revenue was up 22.2% compared to the same quarter last year. During the same period in the previous year, the business posted $4.25 earnings per share. Equities research analysts anticipate that Caterpillar Inc. will post 24.21 earnings per share for the current year.

Caterpillar Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 19th. Investors 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 dividend payout ratio is presently 30.06%.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar’s latest quarterly results were stronger than expected, with EPS and revenue both topping estimates and construction equipment revenue rising sharply, reinforcing the case for solid demand and backlog strength. Caterpillar Reports 38% Boost to Construction Equipment Revenue for Q1 2026
• Positive Sentiment: Several analysts raised price targets on CAT after the better-than-expected quarter, including Argus and HSBC, which is helping support bullish sentiment around the stock. Argus Raises Caterpillar Price Target HSBC Raises Caterpillar Price Target
• Positive Sentiment: Media coverage continues to frame Caterpillar as a beneficiary of AI and data-center power demand, broadening the company’s growth narrative beyond traditional construction and mining markets. Industrial-Strength Rally: Why Caterpillar Is Up 53%…
• Positive Sentiment: Recent commentary points to very long equipment lead times, which suggests sustained demand and potential pricing power ahead. Archrock reaffirms outlook as Caterpillar lead times near 160
• Positive Sentiment: Caterpillar also opened registration for a global innovation challenge, signaling continued investment in workforce development and technology, though this is more of a longer-term strategic positive than an immediate stock driver. Caterpillar Opens Registration for Global Innovation Challenge
• Neutral Sentiment: Some firms raised targets while keeping Neutral ratings, suggesting Wall Street sees upside, but also believes a lot of good news may already be reflected in the stock after its big run. DA Davidson Raises Caterpillar Target Following Better-Than-Expected Quarter
• Neutral Sentiment: Heavy media attention and elevated trading interest may be adding volatility, but these factors do not change Caterpillar’s underlying business fundamentals. Do Options Traders Know Something About Caterpillar Stock?
• Negative Sentiment: Multiple insiders, including the CFO, disclosed sizable stock sales, which can weigh on sentiment and raise concerns about whether the recent rally is prompting profit-taking. CFO insider sale SEC filing Insider sale (Shurman) SEC filing

Wall Street Analyst Weigh In

Several brokerages recently commented on CAT. Wells Fargo & Company upped their target price on Caterpillar from $960.00 to $1,050.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Wall Street Zen upgraded Caterpillar from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Morgan Stanley set a $915.00 target price on Caterpillar and gave the company an “equal weight” rating in a report on Friday, May 1st. JPMorgan Chase & Co. upped their target price on Caterpillar from $860.00 to $1,125.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Finally, Robert W. Baird upped their target price on Caterpillar from $940.00 to $1,165.00 and gave the company an “outperform” rating in a report on Friday, May 1st. Sixteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $890.27.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. HORAN Wealth LLC grew its holdings in Caterpillar by 100.0% in the first quarter. HORAN Wealth LLC now owns 2,810 shares of the industrial products company’s stock worth $1,889,000 after purchasing an additional 1,405 shares during the period. Wilkerson Advisory Group LLC grew its holdings in Caterpillar by 4.1% in the first quarter. Wilkerson Advisory Group LLC now owns 7,380 shares of the industrial products company’s stock worth $5,228,000 after purchasing an additional 291 shares during the period. Dale Q Rice Investment Management Ltd grew its holdings in Caterpillar by 21.2% in the first quarter. Dale Q Rice Investment Management Ltd now owns 1,144 shares of the industrial products company’s stock worth $810,000 after purchasing an additional 200 shares during the period. DUTCH ASSET Corp grew its holdings in Caterpillar by 50.3% in the first quarter. DUTCH ASSET Corp now owns 923 shares of the industrial products company’s stock worth $654,000 after purchasing an additional 309 shares during the period. Finally, Atlantic Family Wealth LLC acquired a new stake in Caterpillar in the first quarter worth $207,000. 70.98% of the stock is owned by institutional investors.

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.