Allspring Global Investments Holdings LLC Has $31.23 Million Stock Position in Caterpillar Inc. $CAT

Allspring Global Investments Holdings LLC lessened its holdings in Caterpillar Inc. (NYSE:CAT) by 39.7% during the fourth quarter, HoldingsChannel reports. The firm owned 52,185 shares of the industrial products company’s stock after selling 34,326 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Caterpillar were worth $31,228,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Wellington Management Group LLP boosted its stake in Caterpillar by 3,949.8% in the third quarter. Wellington Management Group LLP now owns 5,228,058 shares of the industrial products company’s stock valued at $2,494,568,000 after buying an additional 5,098,964 shares in the last quarter. Bank of New York Mellon Corp raised its stake in Caterpillar by 20.7% during the third quarter. Bank of New York Mellon Corp now owns 3,553,930 shares of the industrial products company’s stock worth $1,695,757,000 after acquiring an additional 609,023 shares in the last quarter. Legal & General Group Plc lifted its holdings in shares of Caterpillar by 2.2% in the third quarter. Legal & General Group Plc now owns 2,802,068 shares of the industrial products company’s stock worth $1,337,007,000 after acquiring an additional 58,993 shares during the last quarter. Amundi boosted its stake in shares of Caterpillar by 24.3% in the 3rd quarter. Amundi now owns 2,375,710 shares of the industrial products company’s stock valued at $1,176,870,000 after purchasing an additional 464,036 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA grew its holdings in shares of Caterpillar by 1,851.8% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,830,414 shares of the industrial products company’s stock valued at $873,382,000 after purchasing an additional 1,736,631 shares during the last quarter. Institutional investors and hedge funds own 70.98% of the company’s stock.

Insider Activity at Caterpillar

In related news, insider Rodney Michael Shurman sold 2,278 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $759.61, for a total value of $1,730,391.58. Following the sale, the insider directly owned 1,443 shares in the company, valued at $1,096,117.23. This represents a 61.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Denise C. Johnson sold 39,138 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $681.08, for a total transaction of $26,656,109.04. Following the sale, the insider directly owned 43,350 shares of the company’s stock, valued at $29,524,818. This represents a 47.45% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 125,950 shares of company stock valued at $88,577,390 over the last ninety days. Insiders own 0.33% of the company’s stock.

Caterpillar Price Performance

Shares of NYSE:CAT opened at $717.23 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. Caterpillar Inc. has a 52 week low of $267.30 and a 52 week high of $789.81. The firm has a market cap of $333.72 billion, a PE ratio of 38.11, a price-to-earnings-growth ratio of 1.72 and a beta of 1.52. The firm’s fifty day moving average is $713.73 and its 200-day moving average is $610.90.

Caterpillar (NYSE:CAT) last posted its quarterly earnings data on Thursday, January 29th. The industrial products company reported $5.16 earnings per share 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 return on equity of 45.76% and a net margin of 13.14%.Caterpillar’s quarterly revenue was up 17.9% on a year-over-year basis. During the same period in the prior year, the business posted $5.14 earnings per share. Sell-side analysts predict that Caterpillar Inc. will post 19.86 earnings per share for the current year.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analyst upgrade and higher price target from Wolfe Research supports upside expectations for CAT. Wolfe Research adjusts PT on Caterpillar to $750 from $670, maintains outperform rating
• Positive Sentiment: Market momentum from easing Middle East tensions and “Iran war FOMO” recently lifted industrial names including Caterpillar, helping drive gains into quarter‑end. The Iran War FOMO Trade Is Sending Stocks Surging
• Positive Sentiment: Technical and fundamental bulls point to CAT clearing the 50‑day moving average, record revenues and a roughly $50B backlog as reasons the stock can continue outperforming industrial peers. Caterpillar Climbs Above 50‑Day SMA: Time to Buy the Stock?
• Neutral Sentiment: Barclays raised its price target to $700 but kept an equal‑weight rating — a modest signal that upside is present but not unanimous among brokers. Barclays adjusts Caterpillar price target to $700 from $625, maintains equal weight rating
• Neutral Sentiment: Changes in U.S. tax law are improving Caterpillar’s cash taxes while complicating reported book tax metrics — positive for cash flow planning but potentially confusing for EPS comparability. Caterpillar Tax Shift Boosts Cash While Clouding Earnings Picture For Investors
• Negative Sentiment: U.S. senators are pushing a national‑security review of heavy equipment imports from Mexico that could lead to tariffs or restrictions affecting Caterpillar’s Mexico manufacturing and cross‑border supply chains. This regulatory risk is a key near‑term headwind. Caterpillar Faces Mexico Import Review As Supply Chain Risks Resurface
• Negative Sentiment: Notable insider selling and large institutional portfolio moves (some big fund reductions) are public and can weigh on sentiment, especially after CAT’s strong first‑quarter run. Caterpillar Inc. Stock (CAT) Opinions on Quarterly Earnings

Analyst Upgrades and Downgrades

Several equities analysts recently commented on CAT shares. Jefferies Financial Group increased their price objective on shares of Caterpillar from $785.00 to $825.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Rothschild & Co Redburn upped their price target on shares of Caterpillar from $650.00 to $700.00 and gave the stock a “neutral” rating in a report on Wednesday, February 4th. Wall Street Zen cut Caterpillar from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. CICC Research began coverage on Caterpillar in a research report on Friday, February 6th. They set an “outperform” rating on the stock. Finally, Royal Bank Of Canada upped their target price on Caterpillar from $587.00 to $658.00 and gave the stock a “sector perform” rating in a report on Friday, January 30th. Sixteen investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $737.55.

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.