Bank of New York Mellon Corp Purchases 609,023 Shares of Caterpillar Inc. $CAT

Bank of New York Mellon Corp grew its position in shares of Caterpillar Inc. (NYSE:CAT) by 20.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,553,930 shares of the industrial products company’s stock after acquiring an additional 609,023 shares during the quarter. Bank of New York Mellon Corp’s holdings in Caterpillar were worth $1,695,757,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Norges Bank bought a new stake in shares of Caterpillar during the second quarter worth about $2,165,899,000. Groupe la Francaise boosted its stake in Caterpillar by 82.0% during the 2nd quarter. Groupe la Francaise now owns 27,246 shares of the industrial products company’s stock valued at $10,820,000 after purchasing an additional 12,278 shares during the last quarter. Trivium Point Advisory LLC increased its holdings in Caterpillar by 132.9% during the 2nd quarter. Trivium Point Advisory LLC now owns 1,926 shares of the industrial products company’s stock worth $748,000 after purchasing an additional 1,099 shares in the last quarter. Union Bancaire Privee UBP SA raised its stake in shares of Caterpillar by 155.9% in the third quarter. Union Bancaire Privee UBP SA now owns 47,231 shares of the industrial products company’s stock worth $21,014,000 after purchasing an additional 28,773 shares during the last quarter. Finally, Palmer Knight Co bought a new position in shares of Caterpillar in the second quarter valued at approximately $5,884,000. 70.98% of the stock is currently owned by institutional investors.

Caterpillar Trading Up 0.5%

Shares of CAT stock opened at $639.03 on Wednesday. The company has a quick ratio of 0.86, a current ratio of 1.38 and a debt-to-equity ratio of 1.34. The firm has a market cap of $299.05 billion, a P/E ratio of 32.80, a PEG ratio of 2.45 and a beta of 1.57. The company has a 50 day moving average of $598.01 and a 200-day moving average of $515.39. Caterpillar Inc. has a 12-month low of $267.30 and a 12-month high of $655.78.

Caterpillar (NYSE:CAT) last announced its quarterly earnings data on Monday, November 3rd. The industrial products company reported $4.95 earnings per share for the quarter, beating the consensus estimate 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 return on equity of 47.16% and a net margin of 14.34%.Caterpillar’s revenue was up 9.5% compared to the same quarter last year. During the same period in the prior year, the company earned $5.17 earnings per share. Sell-side analysts anticipate that Caterpillar Inc. will post 19.86 earnings per share for the current year.

Caterpillar Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 19th. Investors of record on Tuesday, January 20th will be issued a $1.51 dividend. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a $6.04 annualized dividend and a yield of 0.9%. Caterpillar’s dividend payout ratio (DPR) is 31.01%.

Insiders Place Their Bets

In related news, CFO Andrew R. J. Bonfield sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $575.06, for a total transaction of $5,750,600.00. Following the sale, the chief financial officer directly owned 45,460 shares in the company, valued at approximately $26,142,227.60. This represents a 18.03% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Lange Bob De sold 14,638 shares of Caterpillar stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of $562.36, for a total transaction of $8,231,825.68. Following the completion of the transaction, the insider owned 80,209 shares of the company’s stock, valued at $45,106,333.24. This represents a 15.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 54,729 shares of company stock worth $31,084,308 in the last ninety days. 0.33% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts recently commented on CAT shares. Barclays increased their price target on Caterpillar from $555.00 to $610.00 and gave the company an “equal weight” rating in a research report on Friday, January 23rd. Bank of America raised their price target on shares of Caterpillar from $650.00 to $708.00 and gave the company a “buy” rating in a research report on Wednesday, January 14th. Sanford C. Bernstein upped their price objective on shares of Caterpillar from $557.00 to $630.00 and gave the stock a “market perform” rating in a research report on Friday, December 19th. Morgan Stanley boosted their target price on Caterpillar from $395.00 to $400.00 and gave the stock an “underweight” rating in a research note on Friday, January 23rd. Finally, JPMorgan Chase & Co. increased their price target on Caterpillar from $730.00 to $740.00 and gave the company an “overweight” rating in a research report on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Caterpillar currently has an average rating of “Moderate Buy” and an average target price of $640.20.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analyst bullishness and backlog strength — Seeking Alpha initiates CAT with a Buy, highlighting strong Energy & Transportation demand, a big backlog increase and the potential for a double-digit sequential sales lift into Q4. These operational drivers are cited as the reason for CAT’s recent re-rate. Caterpillar Q4 Preview: Backlog, Margins, And The AI Power Trade
• Positive Sentiment: AI/digital upside — Coverage frames Caterpillar as an “overlooked” AI play based on its telematics, fleet optimization and software-driven services, which could support higher-margin recurring revenue over time. That narrative is helping sentiment ahead of results. Caterpillar stock is an ‘overlooked’ AI play. Here’s how.
• Positive Sentiment: Media endorsement — Jim Cramer noted that CAT no longer reliably falls on earnings, signaling growing investor confidence in management’s execution and in the company’s cyclical recovery, which can buoy the stock into the print. Jim Cramer on Caterpillar: “In the Old Days, CAT Usually Went Down on Earnings, That’s Over”
• Neutral Sentiment: Earnings preview coverage — Several outlets (MSN/Yahoo roundups) include CAT in the slate of major earnings this week and summarize what analysts will watch—revenue, margins, guidance and aftermarket demand—without taking a firm directional stance. Apple, Microsoft, Tesla, and Caterpillar set to report earnings this week
• Neutral Sentiment: “What to expect” guides — Preview pieces outline the key models to watch (segment revenue, backlog, pricing, cost pressures) and consensus estimates, setting expectations but not changing the fundamental debate. What to expect from Caterpillar’s (CAT) Q4 earnings
• Negative Sentiment: Analyst caution on profits — Zacks warns that CAT may report its sixth straight quarterly EPS decline due to weaker pricing and rising costs despite higher volumes, a development that could pressure near-term sentiment if management doesn’t show margin recovery or constructive guidance. Caterpillar is Set to Report Q4 Earnings: Buy, Sell or Hold the Stock?
• Neutral Sentiment: Consensus metric focus — A separate Zacks preview lists Wall Street estimates for key metrics (segments, backlog, margins) that investors will use to judge whether the company is stabilizing profits; misses could trigger a pullback, beats could reinforce the rally. Ahead of Caterpillar (CAT) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics

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.