HB Wealth Management LLC Has $21.28 Million Position in Caterpillar Inc. $CAT

HB Wealth Management LLC lifted its position in shares of Caterpillar Inc. (NYSE:CAT) by 7.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 44,595 shares of the industrial products company’s stock after purchasing an additional 3,154 shares during the period. HB Wealth Management LLC’s holdings in Caterpillar were worth $21,279,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in CAT. Kilter Group LLC bought a new position in shares of Caterpillar in the second quarter valued at about $27,000. Mid American Wealth Advisory Group Inc. acquired a new position in Caterpillar in the 2nd quarter valued at about $28,000. Compass Financial Services Inc raised its holdings in Caterpillar by 49.2% in the 1st quarter. Compass Financial Services Inc now owns 94 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 31 shares during the period. Family Legacy Financial Solutions LLC bought a new stake in shares of Caterpillar during the second quarter worth approximately $32,000. Finally, RiverPark Advisors LLC acquired a new position in shares of Caterpillar in the second quarter valued at approximately $32,000. Institutional investors own 70.98% of the company’s stock.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Launched “Cat AI Assistant” at CES — an operator‑facing AI that integrates equipment data, diagnostics and workflow tools. The product positions Caterpillar to monetize software and services on top of its hardware fleet, supporting higher recurring revenue expectations. Caterpillar Introduces Cat AI Assistant
• Positive Sentiment: Expanded collaboration with NVIDIA to accelerate “physical AI” and robotics across machines, factories and supply chains — this can speed product development and create differentiation vs. peers, supporting a higher valuation multiple for growth in autonomy and software. Caterpillar Teams With NVIDIA to Revolutionize Heavy Industry with Physical AI and Robotics
• Positive Sentiment: Committed $25 million toward a global innovation prize and workforce development tied to its AI/autonomy push — a signal management expects a multi‑year shift in skill needs and is investing to capture the long‑term market. Caterpillar Launches AI Assistant, Commits $25M Toward Global Innovation Prize
• Positive Sentiment: Unusually large call‑option volume with heavy call buying (31,623 calls, ~62% above typical) suggests traders are betting on further upside or short covering, which can amplify intraday gains. Caterpillar Sees Unusually Large Options Volume (NYSE:CAT)
• Neutral Sentiment: CEO Joe Creed was elected chairman as longtime executive D. James Umpleby III will retire April 1; management continuity is intact but investors will monitor any governance impacts. Caterpillar Chief Executive Officer Joe Creed Elected Chairman of the Board
• Neutral Sentiment: Caterpillar presented prepared CES remarks and demos (transcript/coverage available) — useful for modeling product roadmap and timelines but not an immediate revenue guide. Caterpillar Inc. (CAT) Presents at CES Las Vegas Prepared Remarks Transcript
• Negative Sentiment: Insider sale: director Andrew Bonfield sold 10,000 shares — a small transaction relative to the float but sometimes perceived negatively by investors who watch insider activity. Andrew Bonfield Sells 10,000 Shares of Caterpillar (NYSE:CAT) Stock

Caterpillar Stock Performance

Shares of NYSE:CAT opened at $596.64 on Thursday. The company has a debt-to-equity ratio of 1.34, a current ratio of 1.38 and a quick ratio of 0.86. Caterpillar Inc. has a 1 year low of $267.30 and a 1 year high of $627.50. The stock has a market capitalization of $279.22 billion, a price-to-earnings ratio of 30.63, a price-to-earnings-growth ratio of 2.46 and a beta of 1.57. The company’s 50 day simple moving average is $577.99 and its 200 day simple moving average is $490.53.

Caterpillar (NYSE:CAT) last announced its quarterly earnings data on Monday, November 3rd. The industrial products company reported $4.95 earnings per share for the quarter, topping the consensus estimate of $4.52 by $0.43. Caterpillar had a return on equity of 47.16% and a net margin of 14.34%.The business had revenue of $17.64 billion during the quarter, compared to the consensus estimate of $16.72 billion. During the same period in the prior year, the company earned $5.17 EPS. Caterpillar’s revenue for the quarter was up 9.5% on a year-over-year basis. As a group, research analysts predict that Caterpillar Inc. will post 19.86 EPS for the current fiscal year.

Caterpillar Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 19th. Investors of record on Tuesday, January 20th will be given a dividend of $1.51 per share. This represents a $6.04 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Tuesday, January 20th. Caterpillar’s dividend payout ratio is currently 31.01%.

Insiders Place Their Bets

In related news, insider Lange Bob De sold 14,638 shares of the firm’s stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $562.36, for a total transaction of $8,231,825.68. Following the sale, the insider owned 80,209 shares of the company’s stock, valued at $45,106,333.24. This trade represents a 15.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Anthony D. Fassino sold 8,184 shares of the company’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $570.18, for a total value of $4,666,353.12. Following the completion of the transaction, the insider directly owned 41,512 shares of the company’s stock, valued at approximately $23,669,312.16. The trade was a 16.47% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 71,895 shares of company stock worth $39,758,116 over the last 90 days. Insiders own 0.33% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. JPMorgan Chase & Co. lifted their price target on Caterpillar from $650.00 to $730.00 and gave the stock an “overweight” rating in a report on Thursday, October 30th. UBS Group lifted their target price on Caterpillar from $506.00 to $581.00 and gave the stock a “neutral” rating in a report on Tuesday, November 4th. Citigroup upgraded shares of Caterpillar from a “buy” rating to a “mixed” rating in a research note on Tuesday, December 16th. Oppenheimer lifted their price objective on shares of Caterpillar from $513.00 to $645.00 and gave the stock an “outperform” rating in a research note on Thursday, October 30th. Finally, Wolfe Research boosted their price objective on shares of Caterpillar from $470.00 to $670.00 and gave the company an “outperform” rating in a report on Friday, January 2nd. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Caterpillar currently has an average rating of “Moderate Buy” and an average target price of $618.70.

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.