Concord Asset Management LLC VA Sells 2,006 Shares of Caterpillar Inc. $CAT

Concord Asset Management LLC VA trimmed its position in shares of Caterpillar Inc. (NYSE:CAT) by 20.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,670 shares of the industrial products company’s stock after selling 2,006 shares during the period. Concord Asset Management LLC VA’s holdings in Caterpillar were worth $3,660,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the company. Norges Bank acquired a new stake in Caterpillar during the second quarter worth $2,165,899,000. Groupe la Francaise lifted its holdings in shares of Caterpillar by 82.0% during the 2nd quarter. Groupe la Francaise now owns 27,246 shares of the industrial products company’s stock worth $10,820,000 after acquiring an additional 12,278 shares during the period. Union Bancaire Privee UBP SA boosted its position in shares of Caterpillar by 155.9% during the 3rd quarter. Union Bancaire Privee UBP SA now owns 47,231 shares of the industrial products company’s stock valued at $21,014,000 after acquiring an additional 28,773 shares in the last quarter. ZEGA Investments LLC increased its stake in Caterpillar by 149.6% in the third quarter. ZEGA Investments LLC now owns 4,184 shares of the industrial products company’s stock valued at $1,996,000 after acquiring an additional 2,508 shares during the period. Finally, Palmer Knight Co acquired a new position in Caterpillar in the second quarter worth about $5,884,000. Institutional investors own 70.98% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on CAT. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $678.00 price objective on shares of Caterpillar in a report on Friday, January 30th. Wall Street Zen upgraded Caterpillar from a “hold” rating to a “buy” rating in a research report on Saturday. Morgan Stanley upped their price target on Caterpillar from $400.00 to $425.00 and gave the company an “underweight” rating in a research report on Tuesday. Wells Fargo & Company lifted their price objective on Caterpillar from $702.00 to $756.00 and gave the company an “overweight” rating in a report on Friday, January 30th. Finally, Royal Bank Of Canada boosted their target price on shares of Caterpillar from $587.00 to $658.00 and gave the company a “sector perform” rating in a research note on Friday, January 30th. Sixteen investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $690.90.

Insider Buying and Selling at Caterpillar

In other Caterpillar news, insider Lange Bob De sold 16,070 shares of the stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $704.97, for a total value of $11,328,867.90. Following the transaction, the insider directly owned 79,953 shares in the company, valued at approximately $56,364,466.41. This trade represents a 16.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jason Kaiser sold 10,707 shares of Caterpillar stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $563.60, for a total value of $6,034,465.20. Following the completion of the sale, the insider directly owned 8,649 shares of the company’s stock, valued at $4,874,576.40. This trade represents a 55.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 120,747 shares of company stock valued at $78,324,008 over the last three months. Insiders own 0.33% of the company’s stock.

Caterpillar Price Performance

Caterpillar stock opened at $726.38 on Friday. The business’s fifty day moving average is $617.15 and its two-hundred day moving average is $528.99. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.94 and a current ratio of 1.44. The firm has a market cap of $339.93 billion, a P/E ratio of 38.60, a P/E/G ratio of 1.61 and a beta of 1.58. Caterpillar Inc. has a 52 week low of $267.30 and a 52 week high of $727.40.

Caterpillar (NYSE:CAT) last announced its earnings results on Thursday, January 29th. The industrial products company reported $5.16 earnings per share for the quarter, beating analysts’ consensus estimates of $4.67 by $0.49. The company had revenue of $19.13 billion during the quarter, compared to analyst estimates of $17.81 billion. Caterpillar had a return on equity of 45.76% and a net margin of 13.14%.The firm’s quarterly revenue was up 17.9% compared to the same quarter last year. During the same period last year, the company posted $5.14 earnings per share. Equities research analysts forecast that Caterpillar Inc. will post 19.86 earnings per share for the current fiscal year.

Caterpillar Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 19th. Stockholders of record on Tuesday, January 20th will be given a dividend of $1.51 per share. This represents a $6.04 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Tuesday, January 20th. Caterpillar’s dividend payout ratio is presently 32.09%.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Q4 beat and revenue/backlog strength — CAT reported revenue and EPS above expectations and highlighted a record backlog that supports near‑term revenue visibility. Zacks: Post Q4 analysis
• Positive Sentiment: AI / data‑center tailwind — Coverage highlights growing demand for power and infrastructure tied to AI data‑center buildouts, which is a new revenue catalyst beyond traditional equipment cycles. Yahoo: AI data centers
• Positive Sentiment: Analyst upgrade & higher price target — HSBC raised its CAT target to $850 and maintained a buy rating, adding upward pressure to the stock. MarketScreener: HSBC PT raise
• Neutral Sentiment: Market momentum helped lift the name — CAT was one of the contributors to the Dow’s rally today, so some of the move is broad market/sector strength rather than company‑specific news. MSN: Dow soars
• Neutral Sentiment: Valuation debate — Multiple writeups note that CAT’s rerating has pushed valuation to a premium, framing risk/reward even as fundamentals improve. This shapes investor caution but doesn’t change the underlying backlog/earnings. MarketBeat: Valuation piece
• Negative Sentiment: Large insider selling — Several senior insiders disclosed multi‑million dollar stock sales (e.g., Denise C. Johnson, Bob De Lange), which can signal profit‑taking and may create short‑term selling pressure. InsiderTrades: Insider sales
• Negative Sentiment: Analyst caution on pace of growth — CFRA and others warn that while financials are strong, underlying growth may not be fast enough to justify some of the recent extreme share‑price moves; that comment tempers the rally. YouTube: CFRA caution

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.