Xponance Inc. Sells 3,369 Shares of Caterpillar Inc. $CAT

Xponance Inc. reduced its stake in shares of Caterpillar Inc. (NYSE:CAT) by 4.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,039 shares of the industrial products company’s stock after selling 3,369 shares during the quarter. Xponance Inc.’s holdings in Caterpillar were worth $31,988,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. Fisher Asset Management LLC grew its holdings in Caterpillar by 2.3% during the 2nd quarter. Fisher Asset Management LLC now owns 9,418,321 shares of the industrial products company’s stock valued at $3,656,286,000 after buying an additional 208,196 shares in the last quarter. Norges Bank bought a new position in Caterpillar during the 2nd quarter valued at about $2,165,899,000. Bank of New York Mellon Corp increased its position in shares of Caterpillar by 20.7% during the third quarter. Bank of New York Mellon Corp now owns 3,553,930 shares of the industrial products company’s stock worth $1,695,757,000 after acquiring an additional 609,023 shares during the period. Charles Schwab Investment Management Inc. increased its position in Caterpillar by 1.0% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 3,337,915 shares of the industrial products company’s stock valued at $1,295,432,000 after purchasing an additional 33,467 shares during the period. Finally, Invesco Ltd. boosted its stake in shares of Caterpillar by 4.5% during the second quarter. Invesco Ltd. now owns 3,282,720 shares of the industrial products company’s stock valued at $1,274,385,000 after purchasing an additional 140,784 shares in the last quarter. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Insider Buying and Selling at Caterpillar

In other news, insider Lange Bob De sold 22,656 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $720.11, for a total value of $16,314,812.16. Following the completion of the sale, the insider directly owned 79,953 shares of the company’s stock, valued at $57,574,954.83. This trade represents a 22.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Andrew R. J. Bonfield sold 10,000 shares of the company’s stock in a transaction dated Wednesday, December 31st. The stock was sold at an average price of $575.06, for a total transaction of $5,750,600.00. Following the transaction, the chief financial officer owned 45,460 shares in the company, valued at $26,142,227.60. The trade was a 18.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 143,450 shares of company stock valued at $98,245,065. 0.33% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Caterpillar from $740.00 to $765.00 and gave the stock an “overweight” rating in a research report on Friday, January 30th. UBS Group reissued a “neutral” rating and set a $677.00 price objective on shares of Caterpillar in a report on Monday, February 2nd. CICC Research began coverage on shares of Caterpillar in a report on Friday, February 6th. They issued an “outperform” rating on the stock. Bank of America lifted their price objective on shares of Caterpillar from $735.00 to $825.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Finally, Royal Bank Of Canada lifted their price target on Caterpillar from $587.00 to $658.00 and gave the company a “sector perform” rating in a research note on Friday, January 30th. Sixteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Caterpillar currently has a consensus rating of “Moderate Buy” and an average target price of $712.52.

Key Headlines Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Wells Fargo raised its price target on CAT to $870 and kept an Overweight rating — a high-profile upgrade that supports upside expectations and likely helped intraday buying interest earlier in the week. Wells Fargo Raises Caterpillar Price Target to $870
• Positive Sentiment: Daiwa Securities also lifted its price target to $790, another analyst upgrade adding to the consensus of higher fair‑value estimates. Daiwa Raises Caterpillar Price Target to $790
• Positive Sentiment: High-profile commentary (Jim Cramer) and media pieces highlight continued bullish sentiment and momentum — reinforcing investor interest in CAT as a “hard asset” beneficiary of infrastructure/AI/data‑center capex. Jim Cramer on Caterpillar: “We Like Their Stuff”
• Neutral Sentiment: Industry reports (mining trucks, rock drilling, tunneling equipment) point to multi‑year market growth from electrification, autonomy and mining demand — structural tailwinds for CAT but not an immediate catalyst. Mining Truck Industry Report 2026-2035
• Neutral Sentiment: Operational items — Caterpillar hosting its Global Technician Finals, launching a redesigned rental-management experience, and investing in ElevenEs — improve service/technology positioning but are incremental to near‑term earnings. Caterpillar hosts its Global Technician Finals Caterpillar and BST invest in ElevenEs
• Negative Sentiment: Today’s market weakness: the Dow fell with losses attributed in part to Caterpillar shares, indicating CAT is being hit by broader risk‑off flows and tech‑led volatility rather than company‑specific bad news. Dow’s 131-point fall led by losses in NVIDIA Corp., Caterpillar shares
• Negative Sentiment: Short interest spiked (~61% month‑over‑month to ~10.0M shares), increasing potential selling pressure and volatility if shorts add or attempt to cover — a near‑term headwind for the stock.

Caterpillar Trading Down 1.8%

Shares of CAT stock opened at $752.81 on Friday. The company has a 50 day moving average price of $664.48 and a 200 day moving average price of $561.23. The stock has a market capitalization of $350.27 billion, a P/E ratio of 40.00, a price-to-earnings-growth ratio of 1.81 and a beta of 1.58. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.94 and a current ratio of 1.44. Caterpillar Inc. has a fifty-two week low of $267.30 and a fifty-two week high of $789.81.

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

Caterpillar Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 19th. Shareholders of record on Tuesday, January 20th were given a dividend of $1.51 per share. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a $6.04 annualized dividend and a yield of 0.8%. Caterpillar’s payout ratio is 32.09%.

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.