Mediolanum International Funds Ltd Acquires 31,599 Shares of Caterpillar Inc. $CAT

Mediolanum International Funds Ltd lifted its holdings in Caterpillar Inc. (NYSE:CAT) by 35.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 121,854 shares of the industrial products company’s stock after purchasing an additional 31,599 shares during the quarter. Caterpillar accounts for approximately 0.6% of Mediolanum International Funds Ltd’s investment portfolio, making the stock its 27th biggest holding. Mediolanum International Funds Ltd’s holdings in Caterpillar were worth $57,468,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Uptick Partners LLC acquired a new stake in Caterpillar in the 3rd quarter valued at $228,000. Independent Advisor Alliance grew its holdings in shares of Caterpillar by 4.7% in the 3rd quarter. Independent Advisor Alliance now owns 46,710 shares of the industrial products company’s stock valued at $22,287,000 after acquiring an additional 2,091 shares in the last quarter. Landaas & Co. WI ADV increased its position in shares of Caterpillar by 5.8% in the third quarter. Landaas & Co. WI ADV now owns 1,833 shares of the industrial products company’s stock valued at $875,000 after acquiring an additional 100 shares during the last quarter. Frank Rimerman Advisors LLC raised its holdings in Caterpillar by 10.9% during the third quarter. Frank Rimerman Advisors LLC now owns 4,730 shares of the industrial products company’s stock worth $2,257,000 after acquiring an additional 465 shares in the last quarter. Finally, Centric Wealth Management boosted its position in Caterpillar by 3.1% during the third quarter. Centric Wealth Management now owns 987 shares of the industrial products company’s stock valued at $471,000 after purchasing an additional 30 shares during the last quarter. Institutional investors own 70.98% of the company’s stock.

Key Headlines Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Q4 results beat expectations — adjusted EPS $5.16 vs. $4.67 consensus and revenue $19.1B (record quarterly sales). Management highlighted strong equipment volumes that drove top‑line growth. PR Newswire: Q4 and FY2025 Results
• Positive Sentiment: AI/data-center demand is a clear growth driver — power-generation and energy equipment sales to data centers boosted the quarter and are being positioned as durable, long‑lived demand rather than cyclical construction spend. MarketWatch: AI data-center boom
• Positive Sentiment: Analysts raised price targets — JPMorgan bumped its target to $765 and kept an overweight stance, signaling further upside from current levels. MarketScreener: JPMorgan PT to $765
• Positive Sentiment: Bank of America also raised its target to $735 and maintained a buy rating, reinforcing buy-side conviction after the beat. Benzinga: BofA raises PT to $735
• Neutral Sentiment: Strong cash generation and capital return — full-year enterprise operating cash flow was robust ($11.7B), ending cash near $10B and ~$7.9B deployed to buybacks/dividends in 2025, supporting shareholder returns but moderating liquidity commentary. PR Newswire: Cash flow & buybacks
• Negative Sentiment: Tariff headwind flagged — Caterpillar warned of roughly a $2.6B tariff impact in 2026, saying higher tariffs and costs will pressure margins and could offset some benefits from stronger volumes. That guidance likely amplified near‑term selling. Reuters: $2.6B tariff hit warned

Analysts Set New Price Targets

A number of brokerages have recently issued reports on CAT. Morgan Stanley upped their price objective on Caterpillar from $395.00 to $400.00 and gave the stock an “underweight” rating in a research note on Friday, January 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Caterpillar in a research report on Monday, December 29th. DA Davidson lifted their price objective on shares of Caterpillar from $408.00 to $569.00 and gave the company a “neutral” rating in a research report on Monday, November 3rd. William Blair set a $735.00 price objective on shares of Caterpillar in a research note on Friday. Finally, Rothschild & Co Redburn raised their target price on shares of Caterpillar from $420.00 to $650.00 and gave the company a “neutral” rating in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $664.76.

Caterpillar Trading Down 1.2%

Shares of NYSE:CAT opened at $657.13 on Friday. Caterpillar Inc. has a 12-month low of $267.30 and a 12-month high of $679.99. The business has a 50 day moving average of $604.31 and a 200-day moving average of $519.85. The company has a quick ratio of 0.86, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The stock has a market cap of $307.52 billion, a PE ratio of 34.92, a P/E/G ratio of 2.56 and a beta of 1.57.

Caterpillar (NYSE:CAT) last announced its earnings results 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. Caterpillar had a return on equity of 45.76% and a net margin of 13.14%.The company had revenue of $19.13 billion for the quarter, compared to analyst estimates of $17.81 billion. During the same quarter last year, the company earned $5.14 earnings per share. The firm’s quarterly revenue was up 17.9% compared to the same quarter last year. As a group, equities research analysts forecast that Caterpillar Inc. will post 19.86 earnings per share for the current year.

Caterpillar Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 19th. Stockholders of record on Tuesday, January 20th will be given a $1.51 dividend. This represents a $6.04 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Tuesday, January 20th. Caterpillar’s payout ratio is presently 31.01%.

Insiders Place Their Bets

In related news, insider Jason Kaiser sold 10,707 shares of the firm’s stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $563.60, for a total transaction of $6,034,465.20. Following the transaction, the insider directly owned 8,649 shares of the company’s stock, valued at approximately $4,874,576.40. This trade represents a 55.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Anthony D. Fassino sold 8,184 shares of the business’s stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $570.18, for a total transaction of $4,666,353.12. Following the completion of the sale, the insider directly owned 41,512 shares of the company’s stock, valued at $23,669,312.16. This represents a 16.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 54,729 shares of company stock valued at $31,084,308 in the last three months. Insiders own 0.33% of the company’s stock.

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.