Caterpillar Inc. $CAT Shares Sold by Harvest Portfolios Group Inc.

Harvest Portfolios Group Inc. reduced its stake in shares of Caterpillar Inc. (NYSE:CAT) by 10.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 45,838 shares of the industrial products company’s stock after selling 5,631 shares during the quarter. Harvest Portfolios Group Inc.’s holdings in Caterpillar were worth $26,259,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Larson Financial Group LLC raised its holdings in Caterpillar by 73.6% in the 4th quarter. Larson Financial Group LLC now owns 12,915 shares of the industrial products company’s stock valued at $7,399,000 after acquiring an additional 5,476 shares during the last quarter. Handelsbanken Fonder AB raised its holdings in Caterpillar by 23.5% in the 4th quarter. Handelsbanken Fonder AB now owns 125,384 shares of the industrial products company’s stock valued at $71,829,000 after acquiring an additional 23,818 shares during the last quarter. Hartford Funds Management Co LLC acquired a new stake in Caterpillar in the 4th quarter valued at about $1,698,000. Integral Investment Advisors Inc. raised its holdings in Caterpillar by 11.0% in the 4th quarter. Integral Investment Advisors Inc. now owns 587 shares of the industrial products company’s stock valued at $336,000 after acquiring an additional 58 shares during the last quarter. Finally, Summit Wealth Group LLC raised its holdings in Caterpillar by 3.6% in the 4th quarter. Summit Wealth Group LLC now owns 461 shares of the industrial products company’s stock valued at $264,000 after acquiring an additional 16 shares during the last quarter. 70.98% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Lange Bob De sold 24,222 shares of Caterpillar stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $922.92, for a total transaction of $22,354,968.24. Following the sale, the insider directly owned 86,029 shares in the company, valued at $79,397,884.68. This trade represents a 21.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Andrew R. J. Bonfield sold 15,674 shares of Caterpillar stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $918.71, for a total transaction of $14,399,860.54. Following the sale, the chief financial officer owned 52,935 shares in the company, valued at $48,631,913.85. This represents a 22.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 100,551 shares of company stock worth $91,170,351 over the last three months. Company insiders own 0.33% of the company’s stock.

Caterpillar Stock Performance

Shares of CAT stock opened at $859.90 on Wednesday. The company has a quick ratio of 0.81, a current ratio of 1.35 and a debt-to-equity ratio of 1.64. Caterpillar Inc. has a 52 week low of $336.24 and a 52 week high of $931.35. The stock has a market capitalization of $396.06 billion, a PE ratio of 42.80, a P/E/G ratio of 1.70 and a beta of 1.63. The firm has a 50 day moving average of $781.90 and a two-hundred day moving average of $685.43.

Caterpillar (NYSE:CAT) last issued 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 net margin of 13.33% and a return on equity of 48.21%. The firm’s revenue was up 22.2% compared to the same quarter last year. During the same quarter last year, the company posted $4.25 EPS. On average, research analysts predict that Caterpillar Inc. will post 24.67 EPS for the current fiscal year.

Caterpillar Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 19th. Investors of record on Monday, April 20th were paid a dividend of $1.51 per share. This represents a $6.04 annualized dividend and a yield of 0.7%. The ex-dividend date was Monday, April 20th. Caterpillar’s dividend payout ratio (DPR) is currently 30.06%.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Multiple Zacks Research notes raised Caterpillar’s earnings estimates across several periods, including FY2026, FY2027, and FY2028, signaling confidence that profit growth can stay strong well beyond this year. MarketBeat CAT earnings estimate updates
• Positive Sentiment: Analysts also reset Caterpillar’s fair value higher and cited higher price targets and an upgrade, suggesting the stock may still have room to re-rate as investors assign a richer multiple to its earnings and growth outlook. Yahoo Finance analyst valuation article
• Positive Sentiment: Recent coverage highlighted Caterpillar as a long-term winner because of rising revenues, stronger earnings growth versus peers like Deere, and exposure to AI infrastructure and heavy equipment demand. Zacks Caterpillar vs. Deere article
• Neutral Sentiment: Investor attention has picked up around CAT, with multiple articles framing it as a prominent industrial and AI-infrastructure name, but these pieces are more about visibility than a new catalyst. Yahoo Finance investor attention article
• Negative Sentiment: Some coverage noted tariff and workforce concerns, which could pressure margins or complicate the operating outlook even as sentiment remains constructive overall. MSN tariff/workforce article

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. HSBC raised their price target on shares of Caterpillar from $850.00 to $1,100.00 in a report on Tuesday, May 5th. Morgan Stanley set a $915.00 price target on shares of Caterpillar and gave the stock an “equal weight” rating in a report on Friday, May 1st. Evercore restated an “outperform” rating and set a $1,103.00 price target on shares of Caterpillar in a report on Monday, May 11th. UBS Group restated a “neutral” rating and set a $677.00 price target on shares of Caterpillar in a report on Monday, February 2nd. Finally, CICC Research assumed coverage on shares of Caterpillar in a report on Friday, February 6th. They set an “outperform” rating for the company. Sixteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $923.14.

About Caterpillar

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.