Caterpillar Inc. $CAT Shares Sold by Dakota Wealth Management

Dakota Wealth Management lowered its position in Caterpillar Inc. (NYSE:CAT) by 7.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 59,590 shares of the industrial products company’s stock after selling 4,456 shares during the quarter. Dakota Wealth Management’s holdings in Caterpillar were worth $34,137,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Norges Bank purchased a new stake in Caterpillar during the second quarter worth approximately $2,165,899,000. Illinois Municipal Retirement Fund increased its stake in Caterpillar by 7.3% in the third quarter. Illinois Municipal Retirement Fund now owns 17,262 shares of the industrial products company’s stock valued at $8,237,000 after purchasing an additional 1,181 shares during the last quarter. Groupe la Francaise increased its stake in Caterpillar by 82.0% in the second 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. Union Bancaire Privee UBP SA raised its holdings in Caterpillar by 155.9% during 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 in the last quarter. Finally, Caprock Group LLC purchased a new stake in shares of Caterpillar during the 3rd quarter worth approximately $8,893,000. 70.98% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

CAT has been the topic of a number of recent analyst reports. Bank of America increased their target price on shares of Caterpillar from $735.00 to $825.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Williams Trading set a $825.00 price objective on shares of Caterpillar in a research note on Tuesday, March 10th. Robert W. Baird set a $805.00 price objective on Caterpillar in a report on Friday, January 30th. Rothschild & Co Redburn lifted their target price on Caterpillar from $650.00 to $700.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 4th. Finally, Barclays upped their target price on Caterpillar from $610.00 to $625.00 and gave the company an “equal weight” rating in a research report on Friday, January 30th. Sixteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $730.50.

Insider Activity at Caterpillar

In related news, CAO William E. Schaupp sold 972 shares of the stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $764.20, for a total transaction of $742,802.40. Following the completion of the sale, the chief accounting officer directly owned 824 shares of the company’s stock, valued at $629,700.80. This trade represents a 54.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Joseph E. Creed sold 2,500 shares of Caterpillar stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $718.93, for a total transaction of $1,797,325.00. Following the completion of the transaction, the chief executive officer owned 35,083 shares in the company, valued at approximately $25,222,221.19. This trade represents a 6.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 135,950 shares of company stock worth $94,327,990 in the last ninety days. Company insiders own 0.33% of the company’s stock.

Key Headlines Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Erste Group slightly raised its FY2026 EPS forecast for Caterpillar, a modest analyst upgrade that supports forward earnings expectations. Erste Group raises FY2026 estimate for Caterpillar
• Positive Sentiment: Analysis highlighting Caterpillar’s role supplying equipment for Nscale’s large AI compute campus frames a material long-term revenue opportunity if equipment and service demand materializes. Assessing Caterpillar’s Valuation As It Powers Nscale’s Massive AI Compute Campus
• Positive Sentiment: Caterpillar debuted a new 1‑ton 301 CR mini excavator — product expansion that helps address compact equipment demand and supports aftermarket/service revenue. Cat Debuts its Smallest Mini Excavator Yet, the 1-Ton 301 CR
• Neutral Sentiment: Local education and workforce partnerships (e.g., Alvernia collaboration on STEM) are positive for long-term talent/PR but have limited near-term revenue impact. Alvernia and Caterpillar collaborate to strengthen STEM education
• Neutral Sentiment: Be careful not to confuse tickers: a press release from “CAT Strategic Metals” (ticker CAT on other exchanges) concerns a mining project and is unrelated to Caterpillar Inc. (NYSE:CAT). CAT Strategic Metals Consolidates 100% Ownership…
• Negative Sentiment: Washington state advocates praised the sale of $62M in Caterpillar bonds — a public divestment tied to ESG/policy concerns that can pressure investor sentiment. Advocates praise WA for selling off $62M in Caterpillar bonds
• Negative Sentiment: Broad market weakness contributed to a Dow decline that cited losses in Caterpillar among others, amplifying short‑term downside risk. Dow drops nearly 350 points on losses for NVIDIA Corp., Caterpillar stocks
• Negative Sentiment: Analysts remain mixed on a power‑generation equipment agreement with Atlas Energy, creating uncertainty about margins and the deal’s contribution to near-term earnings. Analysts Remain Mixed on Caterpillar (CAT) Amid Power-Generation Equipment Agreement with Atlas Energy
• Negative Sentiment: Operating margins slipped in 2025 and rising tariff costs are highlighted as a continuing headwind into 2026 — a direct pressure on profitability. Caterpillar’s Operating Margins Slipped in 2025: Bounce Back Ahead?
• Negative Sentiment: Ongoing litigation: Caterpillar has counter‑sued Bobcat/Doosan over alleged patent infringement and raised industrial‑espionage claims — legal exposure and distraction that can increase costs and create uncertainty. Caterpillar countersues Bobcat for infringing machinery patents Caterpillar Challenges Doosan Bobcat Patent Lawsuit, Alleges Industrial Espionage

Caterpillar Trading Down 2.4%

Shares of Caterpillar stock opened at $701.96 on Friday. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.94 and a current ratio of 1.44. The company has a market capitalization of $326.61 billion, a P/E ratio of 37.30, a PEG ratio of 1.70 and a beta of 1.54. Caterpillar Inc. has a 1 year low of $267.30 and a 1 year high of $789.81. The company’s fifty day moving average is $707.68 and its two-hundred day moving average is $601.23.

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 the consensus estimate 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 quarterly revenue was up 17.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $5.14 earnings per share. Analysts forecast that Caterpillar Inc. will post 19.86 earnings per share for the current year.

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.