Caterpillar Inc. $CAT Shares Bought by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. raised its holdings in Caterpillar Inc. (NYSE:CAT) by 129.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,162 shares of the industrial products company’s stock after purchasing an additional 1,221 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Caterpillar were worth $1,239,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Wellington Management Group LLP lifted its holdings in shares of Caterpillar by 3,949.8% in the 3rd quarter. Wellington Management Group LLP now owns 5,228,058 shares of the industrial products company’s stock valued at $2,494,568,000 after buying an additional 5,098,964 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in Caterpillar by 1,851.8% during the third quarter. Massachusetts Financial Services Co. MA now owns 1,830,414 shares of the industrial products company’s stock worth $873,382,000 after acquiring an additional 1,736,631 shares during the period. Marshall Wace LLP raised its position in Caterpillar by 425.2% during the second quarter. Marshall Wace LLP now owns 761,800 shares of the industrial products company’s stock valued at $295,738,000 after acquiring an additional 616,739 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in Caterpillar by 20.7% in the third quarter. Bank of New York Mellon Corp now owns 3,553,930 shares of the industrial products company’s stock valued at $1,695,757,000 after acquiring an additional 609,023 shares during the period. Finally, Voya Investment Management LLC boosted its position in 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 in the last quarter. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Insider Activity

In other Caterpillar news, insider Denise C. Johnson sold 39,138 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $681.08, for a total transaction of $26,656,109.04. Following the completion of the sale, the insider directly owned 43,350 shares in the company, valued at approximately $29,524,818. The trade was a 47.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Joseph E. Creed sold 2,500 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $718.93, for a total value of $1,797,325.00. Following the completion of the transaction, the chief executive officer owned 35,083 shares in the company, valued at approximately $25,222,221.19. This trade represents a 6.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 125,950 shares of company stock worth $88,577,390. Company insiders own 0.33% of the company’s stock.

Caterpillar Price Performance

Caterpillar stock opened at $717.23 on Friday. The company’s fifty day moving average price is $713.73 and its 200 day moving average price is $610.90. Caterpillar Inc. has a 1 year low of $267.30 and a 1 year high of $789.81. The stock has a market capitalization of $333.72 billion, a P/E ratio of 38.11, a P/E/G ratio of 1.72 and a beta of 1.52. 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 (NYSE:CAT) last posted its quarterly earnings data on Thursday, January 29th. The industrial products company reported $5.16 earnings per share for the quarter, topping analysts’ consensus estimates of $4.67 by $0.49. The company had revenue of $19.13 billion during the quarter, compared to analysts’ expectations of $17.81 billion. Caterpillar had a net margin of 13.14% and a return on equity of 45.76%. The firm’s revenue for the quarter was up 17.9% on a year-over-year basis. During the same period in the prior year, the business posted $5.14 earnings per share. As a group, equities research analysts anticipate that Caterpillar Inc. will post 19.86 earnings per share for the current fiscal year.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analyst upgrade and higher price target from Wolfe Research supports upside expectations for CAT. Wolfe Research adjusts PT on Caterpillar to $750 from $670, maintains outperform rating
• Positive Sentiment: Market momentum from easing Middle East tensions and “Iran war FOMO” recently lifted industrial names including Caterpillar, helping drive gains into quarter‑end. The Iran War FOMO Trade Is Sending Stocks Surging
• Positive Sentiment: Technical and fundamental bulls point to CAT clearing the 50‑day moving average, record revenues and a roughly $50B backlog as reasons the stock can continue outperforming industrial peers. Caterpillar Climbs Above 50‑Day SMA: Time to Buy the Stock?
• Neutral Sentiment: Barclays raised its price target to $700 but kept an equal‑weight rating — a modest signal that upside is present but not unanimous among brokers. Barclays adjusts Caterpillar price target to $700 from $625, maintains equal weight rating
• Neutral Sentiment: Changes in U.S. tax law are improving Caterpillar’s cash taxes while complicating reported book tax metrics — positive for cash flow planning but potentially confusing for EPS comparability. Caterpillar Tax Shift Boosts Cash While Clouding Earnings Picture For Investors
• Negative Sentiment: U.S. senators are pushing a national‑security review of heavy equipment imports from Mexico that could lead to tariffs or restrictions affecting Caterpillar’s Mexico manufacturing and cross‑border supply chains. This regulatory risk is a key near‑term headwind. Caterpillar Faces Mexico Import Review As Supply Chain Risks Resurface
• Negative Sentiment: Notable insider selling and large institutional portfolio moves (some big fund reductions) are public and can weigh on sentiment, especially after CAT’s strong first‑quarter run. Caterpillar Inc. Stock (CAT) Opinions on Quarterly Earnings

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Wolfe Research lifted their target price on shares of Caterpillar from $670.00 to $750.00 and gave the company an “outperform” rating in a report on Tuesday. HSBC raised their price target on shares of Caterpillar from $660.00 to $850.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Royal Bank Of Canada lifted their price objective on shares of Caterpillar from $587.00 to $658.00 and gave the company a “sector perform” rating in a report on Friday, January 30th. Morgan Stanley increased their target price on shares of Caterpillar from $400.00 to $425.00 and gave the stock an “underweight” rating in a research note on Tuesday, February 3rd. Finally, DA Davidson raised their target price on Caterpillar from $569.00 to $650.00 and gave the company a “neutral” rating in a research report on Monday, February 2nd. Sixteen 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. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $737.55.

About Caterpillar

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.