Atwater Malick LLC Has $19.83 Million Stake in Caterpillar Inc. $CAT

Atwater Malick LLC decreased its position in shares of Caterpillar Inc. (NYSE:CAT) by 3.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 41,555 shares of the industrial products company’s stock after selling 1,285 shares during the quarter. Caterpillar accounts for 5.8% of Atwater Malick LLC’s investment portfolio, making the stock its 4th biggest holding. Atwater Malick LLC’s holdings in Caterpillar were worth $19,828,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in CAT. Kilter Group LLC acquired a new stake in shares of Caterpillar in the second quarter valued at $27,000. Mid American Wealth Advisory Group Inc. bought a new stake in Caterpillar in the second quarter worth about $28,000. Family Legacy Financial Solutions LLC acquired a new stake in Caterpillar in the 2nd quarter valued at about $32,000. RiverPark Advisors LLC acquired a new stake in Caterpillar in the 2nd quarter valued at about $32,000. Finally, Harbor Asset Planning Inc. bought a new position in shares of Caterpillar during the 2nd quarter valued at about $34,000. 70.98% of the stock is currently owned by institutional investors and hedge funds.

Caterpillar Stock Down 4.2%

Shares of Caterpillar stock opened at $596.64 on Thursday. Caterpillar Inc. has a 1 year low of $267.30 and a 1 year high of $627.50. The company has a market cap of $279.22 billion, a P/E ratio of 30.63, a P/E/G ratio of 2.46 and a beta of 1.57. The company has a current ratio of 1.38, a quick ratio of 0.86 and a debt-to-equity ratio of 1.34. The stock has a 50-day moving average price of $577.99 and a 200 day moving average price of $490.53.

Caterpillar (NYSE:CAT) last posted its quarterly earnings results on Monday, November 3rd. The industrial products company reported $4.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.52 by $0.43. The business had revenue of $17.64 billion during the quarter, compared to analyst estimates of $16.72 billion. Caterpillar had a net margin of 14.34% and a return on equity of 47.16%. The firm’s revenue was up 9.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $5.17 earnings per share. As a group, analysts expect that Caterpillar Inc. will post 19.86 EPS for the current fiscal year.

Caterpillar Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 19th. Stockholders of record on Tuesday, January 20th will be issued a dividend of $1.51 per share. This represents a $6.04 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Tuesday, January 20th. Caterpillar’s payout ratio is currently 31.01%.

Analysts Set New Price Targets

Several analysts recently commented on CAT shares. Oppenheimer increased their target price on shares of Caterpillar from $513.00 to $645.00 and gave the company an “outperform” rating in a research note on Thursday, October 30th. Truist Financial reaffirmed a “buy” rating and issued a $729.00 price target (up previously from $582.00) on shares of Caterpillar in a report on Thursday, October 30th. Wolfe Research raised their price objective on Caterpillar from $470.00 to $670.00 and gave the stock an “outperform” rating in a research note on Friday, January 2nd. Erste Group Bank upgraded Caterpillar from a “hold” rating to a “buy” rating in a report on Friday, October 3rd. Finally, Morgan Stanley boosted their target price on Caterpillar from $380.00 to $395.00 and gave the stock an “underweight” rating in a research report on Wednesday, December 10th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $618.70.

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Launched Cat AI Assistant and committed $25M to workforce/innovation — positions Caterpillar to monetize AI-enabled services across sales, maintenance and fleet management, a high‑margin recurring revenue avenue. Caterpillar Unveils AI-Powered Future and Invests in the Workforce Building It
• Positive Sentiment: Expanded collaboration with NVIDIA to add edge/physical AI and robotics to machines and factories — could accelerate time‑to‑revenue for autonomy and data services across construction, mining and power customers. Caterpillar Teams With NVIDIA to Revolutionize Heavy Industry with Physical AI and Robotics
• Positive Sentiment: Unveiled next‑generation autonomy deployments (including first quarry deployment) and machine previews at CES — visibility on commercial autonomy rollouts supports upgradeable hardware + software/service revenue mix. Caterpillar Unveils the Next Era of Autonomy in Construction
• Neutral Sentiment: CEO Joe Creed elected chairman (Umpleby retiring April 1) — smooth leadership transition reduces governance uncertainty but is largely neutral for near‑term operations. Caterpillar Chief Executive Officer Joe Creed Elected Chairman of the Board
• Neutral Sentiment: Unusual options activity (large call buying) indicates speculative bullish positioning that can amplify intraday moves but is ambiguous for fundamentals.
• Negative Sentiment: CFO Andrew Bonfield sold 10,000 shares late‑Dec (SEC filing) — can be interpreted as executive profit‑taking amid a strong rally. Andrew Bonfield Sells 10,000 Shares of Caterpillar (NYSE:CAT) Stock
• Negative Sentiment: Valuation concerns and some analyst caution after a large run‑up: outlets note gains may be priced in and recommend consolidation/holds for now. Caterpillar Roars On AI Power Demand, But Easy Money Has Been Made (Downgrade)
• Negative Sentiment: Minor institutional trimming reported (Asset Management One) — small signal of portfolio rebalancing after strong performance. Asset Management One Co. Ltd. Reduces Position in Caterpillar Inc. $CAT

Insiders Place Their Bets

In other Caterpillar news, Chairman Donald J. Umpleby III sold 17,166 shares of the company’s stock in a transaction dated Friday, October 10th. The stock was sold at an average price of $505.29, for a total value of $8,673,808.14. Following the transaction, the chairman directly owned 448,173 shares of the company’s stock, valued at $226,457,335.17. This represents a 3.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Anthony D. Fassino sold 8,184 shares of Caterpillar stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $570.18, for a total value of $4,666,353.12. Following the sale, the insider owned 41,512 shares of the company’s stock, valued at approximately $23,669,312.16. This represents a 16.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 71,895 shares of company stock valued at $39,758,116 in the last three months. Company insiders own 0.33% of the company’s stock.

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.