ABN AMRO Bank N.V. Cuts Holdings in Caterpillar Inc. $CAT

ABN AMRO Bank N.V. lowered its position in Caterpillar Inc. (NYSE:CAT) by 12.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,296 shares of the industrial products company’s stock after selling 993 shares during the period. ABN AMRO Bank N.V.’s holdings in Caterpillar were worth $5,194,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of CAT. Union Bancaire Privee UBP SA lifted its stake in Caterpillar by 0.8% in the 1st quarter. Union Bancaire Privee UBP SA now owns 53,048 shares of the industrial products company’s stock valued at $37,291,000 after buying an additional 422 shares in the last quarter. Sterling Capital Management LLC boosted its stake in shares of Caterpillar by 41.6% in the first quarter. Sterling Capital Management LLC now owns 8,111 shares of the industrial products company’s stock worth $5,746,000 after acquiring an additional 2,383 shares during the last quarter. Creative Capital Management Investments LLC increased its position in shares of Caterpillar by 22.4% during the first quarter. Creative Capital Management Investments LLC now owns 279 shares of the industrial products company’s stock worth $198,000 after purchasing an additional 51 shares in the last quarter. Cambient Family Office LLC raised its stake in Caterpillar by 10.9% in the 1st quarter. Cambient Family Office LLC now owns 2,862 shares of the industrial products company’s stock valued at $2,028,000 after purchasing an additional 282 shares during the last quarter. Finally, Narus Financial Partners LLC raised its stake in Caterpillar by 25.8% in the 1st quarter. Narus Financial Partners LLC now owns 1,130 shares of the industrial products company’s stock valued at $801,000 after purchasing an additional 232 shares during the last quarter. 70.98% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Caterpillar

In other news, insider Denise C. Johnson sold 12,605 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $907.91, for a total value of $11,444,205.55. Following the transaction, the insider directly owned 49,825 shares in the company, valued at approximately $45,236,615.75. This represents a 20.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Anthony D. Fassino sold 16,283 shares of Caterpillar stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $916.80, for a total transaction of $14,928,254.40. Following the completion of the sale, the insider owned 46,041 shares of the company’s stock, valued at $42,210,388.80. This trade represents a 26.13% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 95,773 shares of company stock valued at $87,642,635 over the last quarter. 0.33% of the stock is owned by insiders.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Robert W. Baird raised its price target on Caterpillar to $1,200 from $1,165 and reiterated an outperform rating, signaling continued upside confidence. MarketScreener
• Positive Sentiment: Caterpillar’s earnings backdrop remains strong: the company recently beat estimates with higher-than-expected revenue and EPS, supported by robust demand and a record backlog theme that has helped the stock outperform this year.
• Neutral Sentiment: Caterpillar Foundation announced a $2.5 million initiative tied to America’s 250th anniversary, which is positive for corporate image but likely limited direct impact on shares. Caterpillar Foundation Announces $2.5 Million Initiative in Celebration of America’s 250th Anniversary
• Negative Sentiment: Investor sentiment is being weighed down by margin pressure: a Zacks note said Q1 2026 operating margin slipped to 18% as tariff-related costs rose, and management expects $2.2 billion to $2.4 billion of tariff impact for 2026. Caterpillar’s Operating Margins Remain Under Pressure: Rebound Ahead?
• Negative Sentiment: Broad market coverage said Caterpillar was one of the main drags on the Dow in Friday trading, suggesting weakness in the stock was large enough to influence the index. Nasdaq Rises. Caterpillar and Goldman Are Dragging on the Dow.
• Negative Sentiment: Recent economic data showed advance trade in goods falling in May, which can be read as a softer trade backdrop for industrial-demand names like Caterpillar. Advance Trade in Goods fall in May

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on CAT shares. UBS Group reaffirmed a “neutral” rating and set a $900.00 target price on shares of Caterpillar in a research note on Tuesday, June 2nd. Daiwa Securities Group increased their target price on shares of Caterpillar from $790.00 to $900.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Robert W. Baird boosted their price target on shares of Caterpillar from $1,165.00 to $1,200.00 and gave the stock an “outperform” rating in a research report on Friday. Sanford C. Bernstein upped their price objective on shares of Caterpillar from $769.00 to $879.00 and gave the company a “market perform” rating in a research note on Friday, May 1st. Finally, Barclays increased their price objective on shares of Caterpillar from $700.00 to $800.00 and gave the company an “equal weight” rating in a report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $941.45.

Caterpillar Stock Down 5.7%

Shares of NYSE CAT opened at $996.73 on Friday. The company has a market capitalization of $459.08 billion, a P/E ratio of 49.61, a P/E/G ratio of 1.97 and a beta of 1.59. 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 company has a 50 day simple moving average of $897.41 and a 200-day simple moving average of $755.09. Caterpillar Inc. has a 1 year low of $382.75 and a 1 year high of $1,057.07.

Caterpillar (NYSE:CAT) last released its quarterly earnings data 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. The firm had revenue of $17.41 billion for the quarter, compared to analysts’ expectations of $16.53 billion. Caterpillar had a return on equity of 48.21% and a net margin of 13.33%.The firm’s quarterly revenue was up 22.2% on a year-over-year basis. During the same period in the prior year, the firm posted $4.25 earnings per share. On average, equities research analysts predict that Caterpillar Inc. will post 24.66 earnings per share for the current year.

Caterpillar Increases Dividend

The business 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 an increase 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 currently 30.06%.

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.