IFP Advisors Inc Raises Stock Holdings in Caterpillar Inc. $CAT

IFP Advisors Inc raised its position in shares of Caterpillar Inc. (NYSE:CAT) by 9.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,117 shares of the industrial products company’s stock after acquiring an additional 1,466 shares during the quarter. IFP Advisors Inc’s holdings in Caterpillar were worth $9,806,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the company. Adell Harriman & Carpenter Inc. raised its holdings in shares of Caterpillar by 33.9% during the fourth quarter. Adell Harriman & Carpenter Inc. now owns 3,031 shares of the industrial products company’s stock valued at $1,736,000 after acquiring an additional 767 shares during the last quarter. Cullen Frost Bankers Inc. raised its holdings in shares of Caterpillar by 3.3% during the fourth quarter. Cullen Frost Bankers Inc. now owns 10,195 shares of the industrial products company’s stock valued at $5,841,000 after acquiring an additional 323 shares during the last quarter. Hardy Reed LLC raised its holdings in shares of Caterpillar by 1.1% during the fourth quarter. Hardy Reed LLC now owns 4,248 shares of the industrial products company’s stock valued at $2,434,000 after acquiring an additional 46 shares during the last quarter. Jag Capital Management LLC increased its holdings in shares of Caterpillar by 10.1% in the fourth quarter. Jag Capital Management LLC now owns 1,025 shares of the industrial products company’s stock valued at $587,000 after purchasing an additional 94 shares during the last quarter. Finally, Larson Financial Group LLC increased its holdings in shares of Caterpillar by 73.6% in the fourth quarter. Larson Financial Group LLC now owns 12,915 shares of the industrial products company’s stock valued at $7,399,000 after purchasing an additional 5,476 shares during the last quarter. Institutional investors and hedge funds own 70.98% of the company’s stock.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Multiple Zacks Research notes raised Caterpillar’s earnings estimates across several periods, including FY2026, FY2027, and FY2028, signaling confidence that profit growth can stay strong well beyond this year. MarketBeat CAT earnings estimate updates
• Positive Sentiment: Analysts also reset Caterpillar’s fair value higher and cited higher price targets and an upgrade, suggesting the stock may still have room to re-rate as investors assign a richer multiple to its earnings and growth outlook. Yahoo Finance analyst valuation article
• Positive Sentiment: Recent coverage highlighted Caterpillar as a long-term winner because of rising revenues, stronger earnings growth versus peers like Deere, and exposure to AI infrastructure and heavy equipment demand. Zacks Caterpillar vs. Deere article
• Neutral Sentiment: Investor attention has picked up around CAT, with multiple articles framing it as a prominent industrial and AI-infrastructure name, but these pieces are more about visibility than a new catalyst. Yahoo Finance investor attention article
• Negative Sentiment: Some coverage noted tariff and workforce concerns, which could pressure margins or complicate the operating outlook even as sentiment remains constructive overall. MSN tariff/workforce article

Wall Street Analyst Weigh In

Several research firms recently commented on CAT. Sanford C. Bernstein increased their price target on Caterpillar from $769.00 to $879.00 and gave the company a “market perform” rating in a report on Friday, May 1st. Bank of America increased their price target on Caterpillar from $930.00 to $989.00 and gave the company a “buy” rating in a report on Friday, May 1st. JPMorgan Chase & Co. increased their price target on Caterpillar from $860.00 to $1,125.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Royal Bank Of Canada increased their price objective on Caterpillar from $587.00 to $658.00 and gave the stock a “sector perform” rating in a research report on Friday, January 30th. Finally, DA Davidson increased their price objective on Caterpillar from $650.00 to $845.00 and gave the stock a “neutral” rating in a research report on Monday, May 4th. Sixteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, Caterpillar presently has an average rating of “Moderate Buy” and a consensus target price of $923.14.

Caterpillar Trading Down 0.5%

NYSE:CAT opened at $859.90 on Wednesday. The firm has a market cap of $396.06 billion, a PE ratio of 42.80, a price-to-earnings-growth ratio of 1.70 and a beta of 1.63. The stock has a fifty day moving average price of $781.90 and a 200 day moving average price of $685.43. Caterpillar Inc. has a 12-month low of $336.24 and a 12-month high of $931.35. The company has a current ratio of 1.35, a quick ratio of 0.81 and a debt-to-equity ratio of 1.64.

Caterpillar (NYSE:CAT) last posted its quarterly earnings results on Thursday, April 30th. The industrial products company reported $5.54 earnings per share for the quarter, beating 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 company had revenue of $17.42 billion for the quarter, compared to analysts’ expectations of $16.53 billion. During the same period last year, the firm earned $4.25 earnings per share. Caterpillar’s quarterly revenue was up 22.2% on a year-over-year basis. Sell-side analysts anticipate that Caterpillar Inc. will post 24.67 earnings per share for the current fiscal year.

Caterpillar Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 19th. Stockholders of record on Monday, April 20th were given a dividend of $1.51 per share. The ex-dividend date was Monday, April 20th. This represents a $6.04 dividend on an annualized basis and a dividend yield of 0.7%. Caterpillar’s payout ratio is 30.06%.

Insider Buying and Selling at Caterpillar

In related news, insider Anthony D. Fassino sold 16,283 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $916.80, for a total value of $14,928,254.40. Following the transaction, the insider owned 46,041 shares in the company, valued at $42,210,388.80. The trade was a 26.13% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Andrew R. J. Bonfield sold 15,674 shares of the business’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $918.71, for a total value of $14,399,860.54. Following the completion of the transaction, the chief financial officer owned 52,935 shares in the company, valued at $48,631,913.85. This trade represents a 22.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 100,551 shares of company stock valued at $91,170,351. 0.33% of the stock is 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.