Allegheny Financial Group Boosts Stake in Caterpillar Inc. $CAT

Allegheny Financial Group increased its position in shares of Caterpillar Inc. (NYSE:CAT) by 21.9% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 6,301 shares of the industrial products company’s stock after buying an additional 1,133 shares during the quarter. Allegheny Financial Group’s holdings in Caterpillar were worth $3,007,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the company. Fisher Asset Management LLC raised its position in Caterpillar by 2.3% in the 2nd quarter. Fisher Asset Management LLC now owns 9,418,321 shares of the industrial products company’s stock valued at $3,656,286,000 after purchasing an additional 208,196 shares during the last quarter. Norges Bank acquired a new position in Caterpillar in the second quarter valued at $2,165,899,000. Bank of New York Mellon Corp raised its holdings in shares of Caterpillar by 20.7% in the third quarter. Bank of New York Mellon Corp now owns 3,553,930 shares of the industrial products company’s stock valued at $1,695,757,000 after buying an additional 609,023 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Caterpillar by 1.0% in the second quarter. Charles Schwab Investment Management Inc. now owns 3,337,915 shares of the industrial products company’s stock valued at $1,295,432,000 after buying an additional 33,467 shares during the last quarter. Finally, Invesco Ltd. grew its holdings in shares of Caterpillar by 4.5% during the second quarter. Invesco Ltd. now owns 3,282,720 shares of the industrial products company’s stock worth $1,274,385,000 after buying an additional 140,784 shares during the last quarter. 70.98% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Caterpillar

In other news, CFO Andrew R. J. Bonfield sold 10,000 shares of the firm’s stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $575.06, for a total value of $5,750,600.00. Following the completion of the transaction, the chief financial officer owned 45,460 shares in the company, valued at $26,142,227.60. This trade represents a 18.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Denise C. Johnson sold 39,138 shares of the business’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $681.08, for a total transaction of $26,656,109.04. Following the completion of the sale, the insider owned 43,350 shares in the company, valued at $29,524,818. This represents a 47.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 130,545 shares of company stock valued at $88,294,733. Company insiders own 0.33% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have commented on CAT shares. Wall Street Zen raised Caterpillar from a “hold” rating to a “buy” rating in a research note on Saturday. William Blair set a $735.00 target price on Caterpillar in a report on Friday, January 30th. Wells Fargo & Company increased their price target on Caterpillar from $702.00 to $756.00 and gave the stock an “overweight” rating in a report on Friday, January 30th. Wolfe Research boosted their price objective on shares of Caterpillar from $470.00 to $670.00 and gave the company an “outperform” rating in a research note on Friday, January 2nd. Finally, Argus upped their price objective on shares of Caterpillar from $460.00 to $625.00 and gave the stock a “buy” rating in a research report on Wednesday, November 19th. Sixteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $695.19.

Caterpillar Price Performance

Caterpillar stock opened at $741.98 on Wednesday. The company has a market cap of $347.23 billion, a P/E ratio of 39.43, a price-to-earnings-growth ratio of 1.76 and a beta of 1.58. Caterpillar Inc. has a one year low of $267.30 and a one year high of $752.00. The business has a fifty day moving average of $623.84 and a two-hundred day moving average of $534.86. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.94 and a current ratio of 1.44.

Caterpillar (NYSE:CAT) last announced its quarterly earnings results on Thursday, January 29th. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.67 by $0.49. The business had revenue of $19.13 billion during the quarter, compared to the consensus estimate of $17.81 billion. Caterpillar had a net margin of 13.14% and a return on equity of 45.76%. The business’s revenue was up 17.9% compared to the same quarter last year. During the same quarter last year, the firm posted $5.14 EPS. As a group, analysts predict that Caterpillar Inc. will post 19.86 earnings per share for the current fiscal year.

Caterpillar Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 19th. Stockholders of record on Tuesday, January 20th will be paid a dividend of $1.51 per share. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a $6.04 annualized dividend and a dividend yield of 0.8%. Caterpillar’s payout ratio is 32.09%.

Key Stories Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Bank of America raised its price target on CAT from $735 to $825 and reiterated a “buy” call, adding upward analyst momentum and a near-term catalyst for investor interest. Article Title
• Positive Sentiment: Forbes reports Caterpillar is pushing deeper into AI and data services for construction — a potential shift toward higher-margin, recurring software and telematics revenue that can support higher long-term multiple. From Dirt To Data: How Caterpillar Is Reinventing Construction With AI
• Positive Sentiment: Caterpillar closed 2025 with an ~18% increase in Q4 revenue, underscoring demand resilience across construction and mining — revenue beat helps justify premium valuation while supporting earnings revisions. Caterpillar Posts 18% Rise in 4Q Revenue and Higher Tariff Costs
• Positive Sentiment: Consensus analyst coverage remains skewed positive (many Buy/Outperform ratings and recent target increases), providing a supportive narrative for holders and momentum traders. Are Wall Street Analysts Predicting Caterpillar Stock Will Climb or Sink?
• Neutral Sentiment: Macro and sector commentary (e.g., views on a potential return of inflation and pricing-power plays) could cut both ways — higher equipment pricing helps CAT, but renewed inflation raises input/capital-cost uncertainty. Inflation Is Coming Back – Here’s Where I’m Buying Pricing Power
• Neutral Sentiment: Opinion pieces questioning whether CAT has “run too far” after a big one‑year rally highlight valuation risk and investor caution; useful for gauging profit‑taking pressure but not a hard fundamental change. Has Caterpillar (CAT) Run Too Far After Surging 103% In The Past Year?
• Negative Sentiment: Material insider selling disclosed this week: Anthony Fassino sold ~6,033 shares (~$4.36M) and another senior disclosed a ~22,656‑share sale (~$16.3M). Heavy insider exits can rattle sentiment even with strong company results. Caterpillar (NYSE:CAT) Insider Sells $4,356,730.95 in 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.