Waratah Capital Advisors Ltd. Buys Shares of 25,584 Caterpillar Inc. $CAT

Waratah Capital Advisors Ltd. purchased a new stake in shares of Caterpillar Inc. (NYSE:CAT) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 25,584 shares of the industrial products company’s stock, valued at approximately $12,207,000.

Other hedge funds have also recently made changes to their positions in the company. Marquette Asset Management LLC boosted its position in shares of Caterpillar by 1,060.0% during the third quarter. Marquette Asset Management LLC now owns 58 shares of the industrial products company’s stock worth $28,000 after buying an additional 53 shares during the period. Joseph Group Capital Management purchased a new position in Caterpillar during the 3rd quarter valued at about $32,000. Kilter Group LLC acquired a new position in Caterpillar in the 2nd quarter valued at about $27,000. Sellwood Investment Partners LLC purchased a new stake in Caterpillar during the third quarter worth about $35,000. Finally, RiverPark Advisors LLC acquired a new stake in shares of Caterpillar during the second quarter worth about $32,000. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Caterpillar Stock Up 1.5%

CAT stock opened at $768.20 on Wednesday. The stock has a market cap of $357.43 billion, a P/E ratio of 40.82, a PEG ratio of 1.79 and a beta of 1.58. The company has a current ratio of 1.44, a quick ratio of 0.94 and a debt-to-equity ratio of 1.44. Caterpillar Inc. has a twelve month low of $267.30 and a twelve month high of $789.81. The company’s 50 day moving average is $656.64 and its two-hundred day moving average is $558.44.

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

Caterpillar Dividend Announcement

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

Insider Activity

In related news, insider Rodney Michael Shurman sold 2,278 shares of the company’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $759.61, for a total value of $1,730,391.58. Following the completion of the sale, the insider owned 1,443 shares in the company, valued at $1,096,117.23. This represents a 61.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Anthony D. Fassino sold 10,671 shares of the firm’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $680.45, for a total transaction of $7,261,081.95. Following the transaction, the insider directly owned 41,151 shares in the company, valued at $28,001,197.95. The trade was a 20.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 143,450 shares of company stock worth $98,245,065 over the last ninety days. 0.33% of the stock is owned by corporate insiders.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analysts raised targets and reiterated buys after Caterpillar’s strong quarterly beat and outlook — banks including Citigroup, BofA and others have lifted price targets, supporting momentum.
• Positive Sentiment: Caterpillar acquired Australian mining‑software firm RPMGlobal, expanding its software and services exposure in mining — a move that can boost recurring revenue and higher‑margin aftermarket/services growth over time. Read More.
• Positive Sentiment: Caterpillar Venture Capital led a Series B first‑close for ElevenEs, signaling CAT is investing in adjacent tech and commodity‑trading capabilities that could support long‑term revenue diversification. Read More.
• Neutral Sentiment: Industry research highlights expanding diesel generator demand (CAGR into 2033) and lists Caterpillar among top manufacturers — a positive structural backdrop but not an immediate catalyst. Read More.
• Neutral Sentiment: Analyst roundups and valuation pieces note CAT’s strong run and elevated P/E (premium multiple), reminding investors that the stock is sensitive to any slowdown in orders or margins. Read More. • Read More.
• Negative Sentiment: Insider selling: director Rodney Michael Shurman sold 2,278 shares at ~$759.61 on Feb. 23 (disclosed to the SEC), reducing his holding by ~61% — a notable sale that can be read as a short‑term negative signal even if not company‑wide. Read More.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on CAT shares. UBS Group reaffirmed a “neutral” rating and set a $677.00 target price on shares of Caterpillar in a research note on Monday, February 2nd. CICC Research assumed coverage on Caterpillar in a report on Friday, February 6th. They issued an “outperform” rating for the company. DA Davidson increased their price target on Caterpillar from $569.00 to $650.00 and gave the company a “neutral” rating in a research report on Monday, February 2nd. JPMorgan Chase & Co. lifted their price objective on Caterpillar from $740.00 to $765.00 and gave the company an “overweight” rating in a research note on Friday, January 30th. Finally, Wells Fargo & Company raised their target price on shares of Caterpillar from $702.00 to $756.00 and gave the company an “overweight” rating in a report on Friday, January 30th. Sixteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $702.95.

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.