Evolve Private Wealth LLC Sells 3,213 Shares of Caterpillar Inc. $CAT

Evolve Private Wealth LLC reduced its position in Caterpillar Inc. (NYSE:CAT) by 28.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,202 shares of the industrial products company’s stock after selling 3,213 shares during the quarter. Evolve Private Wealth LLC’s holdings in Caterpillar were worth $5,811,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of CAT. Allegheny Financial Group increased its stake in Caterpillar by 0.5% in the 1st quarter. Allegheny Financial Group now owns 6,322 shares of the industrial products company’s stock worth $4,480,000 after buying an additional 29 shares during the period. CWC Advisors LLC. purchased a new stake in Caterpillar during the first quarter worth $221,000. Triad Wealth Partners LLC boosted its position in Caterpillar by 16.1% during the first quarter. Triad Wealth Partners LLC now owns 1,329 shares of the industrial products company’s stock valued at $942,000 after purchasing an additional 184 shares in the last quarter. Westhampton Capital LLC boosted its holdings in shares of Caterpillar by 1.0% in the 1st quarter. Westhampton Capital LLC now owns 4,150 shares of the industrial products company’s stock valued at $2,940,000 after buying an additional 40 shares in the last quarter. Finally, BlueSky Wealth Advisors LLC grew its holdings in Caterpillar by 3.6% in the first quarter. BlueSky Wealth Advisors LLC now owns 1,662 shares of the industrial products company’s stock worth $1,178,000 after purchasing an additional 58 shares during the last quarter. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Insider Activity at Caterpillar

In other news, insider Anthony D. Fassino sold 16,283 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $916.80, for a total transaction of $14,928,254.40. Following the completion of the transaction, the insider directly owned 46,041 shares in the company, valued at $42,210,388.80. This trade represents a 26.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Andrew R. J. Bonfield sold 15,674 shares of the business’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $918.71, for a total value of $14,399,860.54. Following the completion of the sale, the chief financial officer owned 52,935 shares in the company, valued at $48,631,913.85. This represents a 22.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 95,773 shares of company stock valued at $87,642,635 over the last ninety days. 0.33% of the stock is owned by insiders.

Analyst Ratings Changes

CAT has been the topic of a number of research analyst reports. Morgan Stanley set a $915.00 price target on Caterpillar and gave the stock an “equal weight” rating in a research note on Friday, May 1st. Jefferies Financial Group lifted their price objective on Caterpillar from $900.00 to $1,045.00 and gave the company a “buy” rating in a research note on Friday, May 1st. DA Davidson boosted their target price on shares of Caterpillar from $650.00 to $845.00 and gave the company a “neutral” rating in a research note on Monday, May 4th. Williams Trading set a $825.00 price target on Caterpillar in a research report on Tuesday, March 10th. Finally, Wells Fargo & Company lifted their target price on shares of Caterpillar from $960.00 to $1,050.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, Caterpillar currently has a consensus rating of “Moderate Buy” and an average target price of $935.09.

Caterpillar Trading Up 0.2%

NYSE CAT opened at $987.79 on Monday. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.35 and a quick ratio of 0.81. The stock has a market capitalization of $454.97 billion, a P/E ratio of 49.17, a PEG ratio of 1.95 and a beta of 1.59. The firm’s 50-day moving average is $875.06 and its two-hundred day moving average is $741.59. Caterpillar Inc. has a 12 month low of $357.73 and a 12 month high of $994.49.

Caterpillar (NYSE:CAT) last announced its quarterly earnings results on Thursday, April 30th. The industrial products company reported $5.54 earnings per share for the quarter, beating analysts’ consensus estimates of $4.65 by $0.89. The business had revenue of $17.41 billion during the quarter, compared to analysts’ expectations of $16.53 billion. Caterpillar had a net margin of 13.33% and a return on equity of 48.21%. The business’s revenue for the quarter was up 22.2% on a year-over-year basis. During the same period last year, the business earned $4.25 earnings per share. On average, sell-side analysts anticipate that Caterpillar Inc. will post 24.64 earnings per share for the current year.

Caterpillar Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Monday, July 20th will be given a $1.63 dividend. The ex-dividend date of this dividend is Monday, July 20th. This is a positive change from Caterpillar’s previous quarterly dividend of $1.51. This represents a $6.52 dividend on an annualized basis and a yield of 0.7%. Caterpillar’s dividend payout ratio is presently 30.06%.

Key Headlines Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar was highlighted by Zacks as one of five non-tech “wide moat” stocks to own for a stable second half of 2026, reinforcing the view that CAT has durable competitive advantages and can be a defensive portfolio holding. Article Title
• Positive Sentiment: Multiple articles noted that CAT was one of the day’s top industrial stocks to watch and an outperforming Dow name, which can attract momentum buyers and support the shares. Article Title
• Positive Sentiment: Recent coverage emphasized Caterpillar’s strong earnings-based run, with the stock rising sharply on heavier-than-average volume after investors reacted favorably to its latest results and bullish price action. Article Title
• Neutral Sentiment: Analyst commentary said CAT remains a “Moderate Buy,” which supports sentiment but does not by itself add a new catalyst. Article Title
• Negative Sentiment: One Zacks note warned that earnings estimate revisions may not support continued near-term gains, suggesting the stock could face some consolidation after its recent surge. 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.