Caterpillar Inc. $CAT Shares Purchased by TD Private Client Wealth LLC

TD Private Client Wealth LLC grew its holdings in shares of Caterpillar Inc. (NYSE:CAT) by 107.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 5,107 shares of the industrial products company’s stock after buying an additional 2,650 shares during the period. TD Private Client Wealth LLC’s holdings in Caterpillar were worth $2,926,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of CAT. Wellington Management Group LLP raised its stake in shares of Caterpillar by 3,949.8% during the 3rd quarter. Wellington Management Group LLP now owns 5,228,058 shares of the industrial products company’s stock worth $2,494,568,000 after buying an additional 5,098,964 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Caterpillar by 573.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,504,612 shares of the industrial products company’s stock worth $861,947,000 after buying an additional 1,281,087 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Caterpillar by 20.7% during the 3rd 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 buying an additional 609,023 shares in the last quarter. Amundi raised its stake in shares of Caterpillar by 24.3% during the 3rd quarter. Amundi now owns 2,375,710 shares of the industrial products company’s stock worth $1,176,870,000 after buying an additional 464,036 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of Caterpillar by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 46,385,185 shares of the industrial products company’s stock worth $26,572,681,000 after buying an additional 442,164 shares in the last quarter. 70.98% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Caterpillar news, CFO Andrew R. J. Bonfield sold 15,674 shares of the 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 approximately $48,631,913.85. This represents a 22.85% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Anthony D. Fassino sold 16,283 shares of the stock in a transaction on Monday, May 11th. The shares were sold at an average price of $916.80, for a total value of $14,928,254.40. Following the sale, the insider owned 46,041 shares in the company, valued at approximately $42,210,388.80. This trade represents a 26.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 100,551 shares of company stock worth $91,170,351 in the last quarter. 0.33% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

CAT has been the subject of a number of analyst reports. Royal Bank Of Canada increased their target price on Caterpillar from $587.00 to $658.00 and gave the stock a “sector perform” rating in a research note on Friday, January 30th. Rothschild & Co Redburn increased their target price on Caterpillar from $700.00 to $950.00 and gave the stock a “neutral” rating in a research note on Thursday, May 14th. HSBC increased their target price on Caterpillar from $850.00 to $1,100.00 in a research note on Tuesday, May 5th. Jefferies Financial Group upped their price target on Caterpillar from $900.00 to $1,045.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Finally, DA Davidson raised their price objective on Caterpillar from $650.00 to $845.00 and gave the company a “neutral” rating in a research note on Monday, May 4th. Sixteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Caterpillar presently has a consensus rating of “Moderate Buy” and a consensus price target of $923.14.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analysts and market commentators continue to pitch Caterpillar as a top long-term stock, citing rising revenues, strong earnings growth, and an improving outlook for heavy equipment demand. Why Caterpillar (CAT) is a Top Stock for the Long-Term
• Positive Sentiment: Several pieces frame CAT as an emerging AI infrastructure beneficiary, pointing to engine solutions for data centers and gas compression, which could expand demand beyond traditional construction and mining end markets. Caterpillar Inc. (CAT) Discusses Capacity Expansion and Engine Solutions for Data Centers and Gas Compression Transcript
• Positive Sentiment: Investor optimism has intensified around CAT’s rerating, with some commentary suggesting the stock could keep climbing if backlog strength and AI-related demand remain intact. Price Prediction and Forecast: Can CAT Shares Hit $1000 By 2027?
• Positive Sentiment: Coverage comparing Caterpillar with Deere says CAT has the edge on revenue growth and earnings momentum, reinforcing a relatively constructive view on the stock despite tariff pressure. Caterpillar vs. Deere: Which Heavy Equipment Stock is the Better Buy?
• Neutral Sentiment: Caterpillar is drawing heavy investor attention on news feeds and search activity, which signals heightened interest but not a clear fundamental catalyst by itself. Caterpillar Inc. (CAT) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: A local report on workforce and tariff issues at a Caterpillar-related facility underscores ongoing supply-chain and trade concerns, but it does not appear to be a major company-specific negative on its own. Hassan tours Milton CAT facility to discuss workforce, tariff issues
• Negative Sentiment: Some broader market coverage noted Caterpillar among the Dow components contributing to index losses, reflecting short-term selling pressure rather than a change in CAT’s fundamentals. Caterpillar, NVIDIA Corp. share losses lead Dow’s nearly 150-point drop

Caterpillar Stock Performance

NYSE CAT opened at $862.49 on Tuesday. The business has a 50 day moving average price of $778.33 and a 200 day moving average price of $683.50. The company has a market capitalization of $397.26 billion, a P/E ratio of 42.93, a PEG ratio of 1.77 and a beta of 1.63. 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 Inc. has a 1-year low of $336.24 and a 1-year high of $931.35.

Caterpillar (NYSE:CAT) last announced its earnings results on Thursday, April 30th. The industrial products company reported $5.54 EPS for the quarter, beating analysts’ consensus estimates of $4.65 by $0.89. The firm had revenue of $17.42 billion for the quarter, compared to analysts’ expectations of $16.53 billion. Caterpillar had a return on equity of 48.21% and a net margin of 13.33%.Caterpillar’s quarterly revenue was up 22.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.25 EPS. Sell-side analysts expect that Caterpillar Inc. will post 24.48 EPS for the current fiscal year.

Caterpillar Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 19th. Shareholders of record on Monday, April 20th will be issued a dividend of $1.51 per share. This represents a $6.04 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Monday, April 20th. Caterpillar’s dividend payout ratio is 30.06%.

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.