Money Concepts Capital Corp Sells 3,311 Shares of Caterpillar Inc. $CAT

Money Concepts Capital Corp reduced its position in shares of Caterpillar Inc. (NYSE:CAT) by 29.7% in the 1st quarter, Holdings Channel reports. The institutional investor owned 7,855 shares of the industrial products company’s stock after selling 3,311 shares during the quarter. Money Concepts Capital Corp’s holdings in Caterpillar were worth $5,565,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of CAT. Lam Group Inc. bought a new position in Caterpillar in the first quarter valued at $26,000. Torren Management LLC bought a new stake in Caterpillar during the 4th quarter worth about $27,000. Frazier Financial Advisors LLC boosted its stake in shares of Caterpillar by 220.0% during the 4th quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company’s stock worth $28,000 after buying an additional 33 shares during the last quarter. IFS Advisors LLC bought a new position in shares of Caterpillar in the 4th quarter valued at about $31,000. Finally, Rialto Wealth Management LLC increased its position in shares of Caterpillar by 47.4% in the fourth quarter. Rialto Wealth Management LLC now owns 56 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 18 shares during the last quarter. Institutional investors and hedge funds own 70.98% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Sanford C. Bernstein upped their target price on Caterpillar from $769.00 to $879.00 and gave the stock a “market perform” rating in a report on Friday, May 1st. Bank of America raised their price target on Caterpillar from $930.00 to $989.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Wolfe Research upped their price objective on Caterpillar from $670.00 to $750.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 31st. Citigroup increased their price objective on Caterpillar from $905.00 to $1,020.00 and gave the company a “buy” rating in a report on Friday, May 1st. Finally, Robert W. Baird raised their target price on shares of Caterpillar from $1,165.00 to $1,200.00 and gave the company an “outperform” rating in a research note on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, Caterpillar currently has an average rating of “Moderate Buy” and an average target price of $970.81.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar is being viewed as a beneficiary of AI infrastructure spending, with analysts and commentators highlighting strong demand tied to data center construction and broader AI buildout. CAT Outperforms NVDA & Tech Sector, AI Data Center Demand Powers Growth
• Positive Sentiment: The company continues to expand its mining technology capabilities after acquiring Skycatch, a move aimed at improving mine safety, productivity, and planning with AI and near-real-time spatial data. Caterpillar acquires Skycatch to expand mining technology portfolio
• Positive Sentiment: Caterpillar’s planned headquarters expansion in Las Colinas signals ongoing investment and confidence in long-term business growth. Caterpillar digs into new $34M HQ expansion in Las Colinas
• Positive Sentiment: Investor-friendly capital returns remain a support factor, with attention on Caterpillar’s dividend hike and buybacks as part of its cash-return profile. Why Caterpillar’s Dividend Hike and Buybacks Make Capital-Return Mix Central to Its Tax Profile
• Neutral Sentiment: Market roundups continue to list Caterpillar among industrial and mining names to watch, but these pieces do not add a major new catalyst. Industrial Stocks To Watch Today – July 8th
• Negative Sentiment: Recent coverage says Caterpillar is losing momentum as investors question whether the AI rally has gone too far, with valuation, tariffs, and execution risks weighing on sentiment. CAT Stock Heads For Second Weekly Loss: Is Caterpillar’s AI Rally Fading?
• Negative Sentiment: Valuation-focused commentary suggests Caterpillar may already be priced for a lot of future growth, which can limit upside near term. Is Caterpillar (CAT) Still A Bargain Or Already Fully Priced?
• Negative Sentiment: Another headline noted Caterpillar stock dipping in the latest session, reinforcing near-term weakness in trading sentiment. Caterpillar (CAT) Stock Dips While Market Gains: Key Facts

Caterpillar Stock Performance

CAT opened at $938.29 on Friday. The company has a quick ratio of 0.81, a current ratio of 1.35 and a debt-to-equity ratio of 1.64. Caterpillar Inc. has a 12-month low of $401.70 and a 12-month high of $1,073.46. The business has a 50 day moving average of $927.99 and a 200-day moving average of $780.89. The stock has a market cap of $432.17 billion, a price-to-earnings ratio of 46.70, a PEG ratio of 1.87 and a beta of 1.57.

Caterpillar (NYSE:CAT) last posted its earnings results on Thursday, April 30th. The industrial products company reported $5.54 earnings per share for the quarter, topping analysts’ consensus estimates of $4.65 by $0.89. Caterpillar had a return on equity of 48.21% and a net margin of 13.33%.The business had revenue of $17.41 billion for the quarter, compared to analyst estimates of $16.53 billion. During the same period in the previous year, the firm earned $4.25 EPS. The firm’s revenue was up 22.2% compared to the same quarter last year. On average, equities research analysts expect that Caterpillar Inc. will post 24.71 earnings per share for the current year.

Caterpillar Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Monday, July 20th will be issued a $1.63 dividend. This is an increase from Caterpillar’s previous quarterly dividend of $1.51. This represents a $6.52 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Monday, July 20th. Caterpillar’s dividend payout ratio is presently 30.06%.

Insider Buying and Selling

In other news, CFO Andrew R. J. Bonfield sold 15,674 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $918.71, for a total transaction of $14,399,860.54. Following the completion of the sale, the chief financial officer owned 52,935 shares in the company, valued at approximately $48,631,913.85. This trade represents a 22.85% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Lange Bob De sold 24,222 shares of Caterpillar stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $922.92, for a total transaction of $22,354,968.24. Following the sale, the insider directly owned 86,029 shares of the company’s stock, valued at $79,397,884.68. The trade was a 21.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 95,773 shares of company stock valued at $87,642,635. 0.33% of the stock is currently owned by insiders.

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.