IFM Investors Pty Ltd Reduces Stock Position in Caterpillar Inc. $CAT

IFM Investors Pty Ltd cut its stake in Caterpillar Inc. (NYSE:CAT) by 1.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 91,324 shares of the industrial products company’s stock after selling 1,554 shares during the quarter. IFM Investors Pty Ltd’s holdings in Caterpillar were worth $42,535,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Valeo Financial Advisors LLC boosted its stake in shares of Caterpillar by 36,842.1% in the 2nd quarter. Valeo Financial Advisors LLC now owns 7,299,751 shares of the industrial products company’s stock worth $2,833,836,000 after buying an additional 7,279,991 shares during the last quarter. Norges Bank bought a new position in Caterpillar in the second quarter valued at about $2,165,899,000. Assenagon Asset Management S.A. boosted its position in Caterpillar by 546.6% in the second quarter. Assenagon Asset Management S.A. now owns 843,093 shares of the industrial products company’s stock worth $327,297,000 after purchasing an additional 712,711 shares during the last quarter. Marshall Wace LLP increased its position in shares of Caterpillar by 425.2% during the 2nd quarter. Marshall Wace LLP now owns 761,800 shares of the industrial products company’s stock valued at $295,738,000 after purchasing an additional 616,739 shares during the last quarter. Finally, Voya Investment Management LLC lifted its stake in shares of Caterpillar by 36.9% in the 3rd quarter. Voya Investment Management LLC now owns 1,777,589 shares of the industrial products company’s stock worth $848,177,000 after purchasing an additional 478,972 shares during the period. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Caterpillar Trading Up 0.0%

Shares of Caterpillar stock opened at $582.63 on Wednesday. Caterpillar Inc. has a twelve month low of $267.30 and a twelve month high of $627.50. The company has a quick ratio of 0.86, a current ratio of 1.38 and a debt-to-equity ratio of 1.34. The business has a 50-day moving average price of $565.39 and a 200-day moving average price of $473.65. The firm has a market cap of $272.66 billion, a price-to-earnings ratio of 29.91, a PEG ratio of 2.74 and a beta of 1.57.

Caterpillar (NYSE:CAT) last announced its quarterly earnings results on Monday, November 3rd. The industrial products company reported $4.95 EPS for the quarter, beating analysts’ consensus estimates of $4.52 by $0.43. Caterpillar had a return on equity of 47.16% and a net margin of 14.34%.The company had revenue of $17.64 billion during the quarter, compared to analyst estimates of $16.72 billion. During the same period in the prior year, the company earned $5.17 earnings per share. The firm’s revenue was up 9.5% on a year-over-year basis. Equities research analysts anticipate that Caterpillar Inc. will post 19.86 EPS for the current fiscal year.

Caterpillar Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 19th. Investors of record on Tuesday, January 20th will be given a $1.51 dividend. This represents a $6.04 annualized dividend and a yield of 1.0%. The ex-dividend date is Tuesday, January 20th. Caterpillar’s payout ratio is currently 31.01%.

Insider Activity at Caterpillar

In other news, insider Jason Kaiser sold 10,707 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The stock was 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Anthony D. Fassino sold 8,184 shares of Caterpillar stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $570.18, for a total value of $4,666,353.12. Following the completion of the transaction, the insider owned 41,512 shares of the company’s stock, valued at approximately $23,669,312.16. This trade represents a 16.47% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 61,895 shares of company stock valued at $34,007,516 over the last quarter. 0.33% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on CAT shares. Barclays boosted their target price on shares of Caterpillar from $485.00 to $555.00 and gave the company an “equal weight” rating in a research report on Thursday, October 30th. Oppenheimer upped their price objective on Caterpillar from $513.00 to $645.00 and gave the stock an “outperform” rating in a research note on Thursday, October 30th. Sanford C. Bernstein lifted their target price on Caterpillar from $557.00 to $630.00 and gave the company a “market perform” rating in a research report on Friday. Morgan Stanley raised their target price on shares of Caterpillar from $380.00 to $395.00 and gave the stock an “underweight” rating in a research note on Wednesday, December 10th. Finally, Erste Group Bank upgraded shares of Caterpillar from a “hold” rating to a “buy” rating in a research note on Friday, October 3rd. Three analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Caterpillar currently has a consensus rating of “Moderate Buy” and a consensus price target of $616.00.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Citi and other Wall Street firms remain bullish — Citi recently raised its price target to $690 (from $670) and reiterated a Buy, citing a favorable machinery/industry outlook and the company’s dividend yield, which supports further upside. Wall Street Firms Bullish on Caterpillar
• Positive Sentiment: Coverage highlighting Caterpillar’s 2025 outperformance vs. the Magnificent 7 underscores investor rotation into industrial cyclicals — narratives emphasizing steady demand, capex activity, and margin resilience have helped lift the stock. How Caterpillar Crushed the Magnificent 7 in 2025
• Positive Sentiment: Broad market write-ups note CAT has outpaced broader market gains this year, reinforcing momentum and attracting attention from trend-following investors. Positive headlines and analyst support are helping sustain the rally. Caterpillar Outpaces Stock Market Gains
• Neutral Sentiment: Zacks and other outlets flag CAT as a trending stock — increased attention can amplify moves in both directions; trending status alone is not a valuation signal but may increase short-term volatility. Caterpillar Is a Trending Stock
• Neutral Sentiment: Commentary asks whether it’s “too late” after a ~60% rally — this raises valuation and timing questions for new buyers; for existing holders, it frames risk management rather than immediate fundamental change. Is It Too Late To Consider Caterpillar?
• Negative Sentiment: Short-term pullback driven by cooling AI trade — headlines report Caterpillar hit its worst slide since April as momentum traders rotated out of industrials when the AI trade regained focus; that rotation caused intraday weakness and higher selling pressure. Caterpillar Runs Into AI Hype Wall

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.