Daiwa Securities Group Inc. Has $98.23 Million Position in Caterpillar Inc. $CAT

Daiwa Securities Group Inc. grew its holdings in Caterpillar Inc. (NYSE:CAT) by 3.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 171,467 shares of the industrial products company’s stock after purchasing an additional 5,300 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Caterpillar were worth $98,229,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Torren Management LLC acquired a new stake in Caterpillar during the fourth quarter worth about $27,000. Frazier Financial Advisors LLC grew its position in Caterpillar by 220.0% during the fourth quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company’s stock worth $28,000 after buying an additional 33 shares in the last quarter. IFS Advisors LLC acquired a new stake in Caterpillar during the fourth quarter worth about $31,000. Rialto Wealth Management LLC grew its position in Caterpillar by 47.4% during the fourth quarter. Rialto Wealth Management LLC now owns 56 shares of the industrial products company’s stock worth $32,000 after buying an additional 18 shares in the last quarter. Finally, Noble Wealth Management PBC grew its position in Caterpillar by 140.0% during the fourth quarter. Noble Wealth Management PBC now owns 60 shares of the industrial products company’s stock worth $34,000 after buying an additional 35 shares in the last quarter. 70.98% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Lange Bob De sold 24,222 shares of Caterpillar stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $922.92, for a total value of $22,354,968.24. Following the completion of the transaction, the insider owned 86,029 shares in the company, valued at approximately $79,397,884.68. The trade was a 21.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Jason Kaiser sold 5,642 shares of Caterpillar stock in a transaction that occurred 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 transaction, the insider owned 9,594 shares of the company’s stock, valued at $8,471,789.82. This trade represents a 37.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 95,773 shares of company stock valued at $87,642,635 in the last ninety days. 0.33% of the stock is owned by corporate insiders.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Tariff relief on farm and construction equipment could lower input costs and improve Caterpillar’s profitability, making the stock more attractive to investors. Trump Just Gave Caterpillar Stock a Boost. What to Know.
• Positive Sentiment: Market commentary suggests Caterpillar is among the equipment makers that could benefit most from the tariff cuts, reinforcing the bullish case for CAT shares. When Trump Cuts Tariffs on Farm and Construction Equipment, These 5 Stocks Win Big
• Neutral Sentiment: Coverage of Caterpillar’s BEPU electric drivetrain effort highlights the company’s long-term electrification strategy, but it appears to be more of a future-growth theme than a near-term stock driver. Caterpillar BEPU makes going electric as easy as swapping an engine
• Neutral Sentiment: General industry roundups and market coverage mention Caterpillar among construction stocks to watch, but they do not provide a new company-specific catalyst. Construction Stocks To Consider – June 1st
• Neutral Sentiment: Broader market reporting noted CAT rising alongside the Dow, but this reflects general risk-on sentiment rather than a separate fundamental development. Dow moves higher as shares of Caterpillar climb

Caterpillar Stock Up 1.6%

Shares of CAT opened at $940.91 on Friday. The stock has a market cap of $433.37 billion, a price-to-earnings ratio of 46.83, a P/E/G ratio of 1.83 and a beta of 1.59. 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 12 month low of $345.85 and a 12 month high of $946.83. The company has a 50-day moving average price of $828.26 and a two-hundred day moving average price of $713.07.

Caterpillar (NYSE:CAT) last announced its quarterly earnings results on Thursday, April 30th. The industrial products company reported $5.54 EPS for the quarter, topping analysts’ consensus estimates of $4.65 by $0.89. The firm 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 company’s revenue for the quarter was up 22.2% compared to the same quarter last year. During the same quarter last year, the company earned $4.25 earnings per share. Equities analysts predict that Caterpillar Inc. will post 24.67 EPS for the current fiscal year.

Caterpillar Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 19th. Stockholders of record on Monday, April 20th were paid a $1.51 dividend. The ex-dividend date was Monday, April 20th. This represents a $6.04 dividend on an annualized basis and a dividend yield of 0.6%. Caterpillar’s payout ratio is 30.06%.

Wall Street Analyst Weigh In

CAT has been the topic of a number of recent research reports. Jefferies Financial Group lifted their target price on Caterpillar from $900.00 to $1,045.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Barclays lifted their target price on Caterpillar from $700.00 to $800.00 and gave the stock an “equal weight” rating in a research report on Friday, May 1st. Wells Fargo & Company lifted their target price on Caterpillar from $960.00 to $1,050.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. CICC Research assumed coverage on shares of Caterpillar in a research note on Friday, February 6th. They set an “outperform” rating for the company. Finally, Rothschild & Co Redburn raised their price target on shares of Caterpillar from $700.00 to $950.00 and gave the stock a “neutral” rating in a research note on Thursday, May 14th. Sixteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $933.27.

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.