Annis Gardner Whiting Capital Advisors LLC Acquires 703 Shares of Caterpillar Inc. $CAT

Annis Gardner Whiting Capital Advisors LLC grew its holdings in shares of Caterpillar Inc. (NYSE:CAT) by 93.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,452 shares of the industrial products company’s stock after buying an additional 703 shares during the quarter. Annis Gardner Whiting Capital Advisors LLC’s holdings in Caterpillar were worth $832,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Fisher Asset Management LLC grew its stake in shares of Caterpillar by 0.6% during the fourth quarter. Fisher Asset Management LLC now owns 9,493,266 shares of the industrial products company’s stock valued at $5,438,408,000 after buying an additional 54,069 shares during the last quarter. Sandy Cove Advisors LLC boosted its holdings in shares of Caterpillar by 1.2% in the fourth quarter. Sandy Cove Advisors LLC now owns 1,279 shares of the industrial products company’s stock valued at $733,000 after purchasing an additional 15 shares during the period. Nia Impact Advisors LLC boosted its holdings in shares of Caterpillar by 26.1% in the fourth quarter. Nia Impact Advisors LLC now owns 821 shares of the industrial products company’s stock valued at $470,000 after purchasing an additional 170 shares during the period. CYBER HORNET ETFs LLC boosted its holdings in shares of Caterpillar by 5.1% in the fourth quarter. CYBER HORNET ETFs LLC now owns 1,423 shares of the industrial products company’s stock valued at $815,000 after purchasing an additional 69 shares during the period. Finally, Churchill Financial Advisors LLC purchased a new stake in shares of Caterpillar in the fourth quarter valued at approximately $1,955,000. Institutional investors own 70.98% of the company’s stock.

Caterpillar Price Performance

NYSE:CAT opened at $880.23 on Monday. Caterpillar Inc. has a 52 week low of $336.24 and a 52 week high of $931.35. The company has a quick ratio of 0.81, a current ratio of 1.35 and a debt-to-equity ratio of 1.64. The stock has a market capitalization of $405.42 billion, a PE ratio of 43.81, a price-to-earnings-growth ratio of 1.74 and a beta of 1.63. The stock’s 50-day moving average price is $791.73 and its 200-day moving average price is $691.69.

Caterpillar (NYSE:CAT) last posted its earnings results on Thursday, April 30th. The industrial products company reported $5.54 EPS for the quarter, beating analysts’ consensus estimates of $4.65 by $0.89. Caterpillar had a return on equity of 48.21% and a net margin of 13.33%.The firm had revenue of $17.42 billion for the quarter, compared to analysts’ expectations of $16.53 billion. During the same period last year, the firm earned $4.25 EPS. The company’s quarterly revenue was up 22.2% on a year-over-year basis. As a group, equities analysts expect that Caterpillar Inc. will post 24.67 EPS for the current fiscal year.

Caterpillar Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 19th. Stockholders of record on Monday, April 20th were given a dividend of $1.51 per share. The ex-dividend date was Monday, April 20th. This represents a $6.04 dividend on an annualized basis and a dividend yield of 0.7%. Caterpillar’s dividend payout ratio (DPR) is 30.06%.

Insider Activity

In related news, CAO William E. Schaupp sold 360 shares of Caterpillar stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $906.00, for a total value of $326,160.00. Following the sale, the chief accounting officer directly owned 530 shares in the company, valued at approximately $480,180. The trade was a 40.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Denise C. Johnson sold 12,605 shares of Caterpillar stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $907.91, for a total value of $11,444,205.55. Following the completion of the sale, the insider owned 49,825 shares in the company, valued at approximately $45,236,615.75. The trade was a 20.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 98,273 shares of company stock worth $89,439,960. 0.33% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages recently issued reports on CAT. Jefferies Financial Group boosted their price target on Caterpillar from $900.00 to $1,045.00 and gave the company a “buy” rating in a report on Friday, May 1st. Williams Trading set a $825.00 price target on Caterpillar in a report on Tuesday, March 10th. Argus increased their target price on Caterpillar from $820.00 to $990.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Rothschild & Co Redburn increased their price objective on Caterpillar from $700.00 to $950.00 and gave the company a “neutral” rating in a report on Thursday, May 14th. Finally, Wells Fargo & Company raised their target price on Caterpillar from $960.00 to $1,050.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Sixteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $923.14.

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar’s Power & Energy business is being highlighted as a major growth opportunity, with rising backlog, capacity expansion, and demand from AI data centers supporting the company’s longer-term targets. Article Title
• Positive Sentiment: Separate coverage is reinforcing Caterpillar as a “power infrastructure play,” helped by a strategic framework agreement tied to up to 2.1 gigawatts of incremental power-generation assets, which suggests additional demand beyond its core construction and mining equipment businesses. Article Title
• Positive Sentiment: Caterpillar was also mentioned among the stocks helping drive a strong Dow rally, indicating broader investor demand for the name during today’s market advance. Article Title
• Neutral Sentiment: Caterpillar was included in a hedge-fund stock screen, which may reflect institutional interest, but the item did not add a clear new catalyst by itself. Article Title

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.