UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $2.03 Billion Position in Caterpillar Inc. $CAT

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its stake in Caterpillar Inc. (NYSE:CAT) by 13.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 3,544,224 shares of the industrial products company’s stock after selling 534,891 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.76% of Caterpillar worth $2,030,380,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Polymer Capital Management HK LTD acquired a new stake in Caterpillar in the 4th quarter worth approximately $2,992,000. Van Lanschot Kempen Investment Management N.V. lifted its holdings in Caterpillar by 43.4% in the 4th quarter. Van Lanschot Kempen Investment Management N.V. now owns 53,480 shares of the industrial products company’s stock worth $30,637,000 after purchasing an additional 16,173 shares during the last quarter. Platinum Investment Management Ltd. acquired a new position in shares of Caterpillar during the fourth quarter worth approximately $3,151,000. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new position in shares of Caterpillar during the fourth quarter worth approximately $349,000. Finally, Banco Santander S.A. lifted its holdings in shares of Caterpillar by 6.2% during the fourth quarter. Banco Santander S.A. now owns 103,741 shares of the industrial products company’s stock worth $59,430,000 after buying an additional 6,082 shares during the last quarter. 70.98% of the stock is currently owned by institutional investors and hedge funds.

Caterpillar Stock Performance

Shares of NYSE:CAT opened at $910.78 on Friday. The business’s fifty day moving average price is $851.85 and its two-hundred day moving average price is $726.64. Caterpillar Inc. has a fifty-two week low of $355.70 and a fifty-two week high of $946.83. The stock has a market capitalization of $419.50 billion, a price-to-earnings ratio of 45.34, a price-to-earnings-growth ratio of 1.77 and a beta of 1.59. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.35 and a quick ratio of 0.81.

Caterpillar (NYSE:CAT) last announced its quarterly earnings results 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 return on equity of 48.21% and a net margin of 13.33%.The firm had revenue of $17.42 billion for the quarter, compared to analysts’ expectations of $16.53 billion. During the same period in the prior year, the business posted $4.25 earnings per share. The business’s revenue was up 22.2% compared to the same quarter last year. As a group, analysts predict that Caterpillar Inc. will post 24.69 EPS for the current fiscal year.

Caterpillar Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Monday, July 20th will be paid a $1.63 dividend. This is an increase from Caterpillar’s previous quarterly dividend of $1.51. This represents a $6.52 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Monday, July 20th. Caterpillar’s payout ratio is presently 30.06%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on CAT. Wolfe Research upped their price target on Caterpillar from $670.00 to $750.00 and gave the stock an “outperform” rating in a report on Tuesday, March 31st. Evercore reiterated an “outperform” rating and set a $1,103.00 price target on shares of Caterpillar in a report on Monday, May 11th. HSBC upped their price target on Caterpillar from $850.00 to $1,100.00 in a report on Tuesday, May 5th. Rothschild & Co Redburn upped their price target on Caterpillar from $700.00 to $950.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. Finally, Sanford C. Bernstein upped their price target on Caterpillar from $769.00 to $879.00 and gave the stock a “market perform” rating in a report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Caterpillar has a consensus rating of “Moderate Buy” and an average price target of $933.27.

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar raised its quarterly dividend by 8% to $1.63 per share, extending its dividend-growth streak to 32 consecutive years and signaling confidence in cash generation and future returns to shareholders.
• Positive Sentiment: Analysts at Erste Group lifted FY2026 and FY2027 earnings estimates for Caterpillar, reflecting expectations for stronger profitability ahead.
• Positive Sentiment: Caterpillar was highlighted on Zacks’ “best momentum stocks” list, which can reinforce bullish trader interest and momentum buying.
• Positive Sentiment: Recent bullish commentary pointed to strong Q1 results, including 22% revenue growth and a backlog of $62.7 billion, suggesting healthy demand across Caterpillar’s core markets.
• Neutral Sentiment: Caterpillar and Austal announced a global value agreement, but the available details do not clearly indicate a material near-term financial impact for CAT. Austal and Caterpillar in Global Value Agreement
• Negative Sentiment: Some market commentary warned that Caterpillar’s recent run-up leaves the stock vulnerable to a reversal on valuation concerns after a sharp move higher.
• Negative Sentiment: The stock also recently pulled back from its year-to-date high, with technical traders citing a possible double-top pattern, which may be limiting near-term upside.

Insider Buying and Selling

In other Caterpillar news, insider Jason Kaiser sold 5,642 shares of the business’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $883.03, for a total value of $4,982,055.26. Following the transaction, the insider 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Anthony D. Fassino sold 16,283 shares of the business’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $916.80, for a total value of $14,928,254.40. Following the completion of the transaction, the insider directly owned 46,041 shares in the company, valued at approximately $42,210,388.80. This represents a 26.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 95,773 shares of company stock valued at $87,642,635. Insiders own 0.33% of the company’s stock.

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.