AlphaQuest LLC Raises Stake in Caterpillar Inc. $CAT

AlphaQuest LLC raised its holdings in shares of Caterpillar Inc. (NYSE:CAT) by 105.1% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,864 shares of the industrial products company’s stock after purchasing an additional 955 shares during the period. AlphaQuest LLC’s holdings in Caterpillar were worth $889,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in CAT. Kilter Group LLC purchased a new stake in shares of Caterpillar in the second quarter worth $27,000. Mid American Wealth Advisory Group Inc. bought a new stake in Caterpillar during the 2nd quarter valued at about $28,000. Marquette Asset Management LLC lifted its stake in shares of Caterpillar by 1,060.0% in the third quarter. Marquette Asset Management LLC now owns 58 shares of the industrial products company’s stock worth $28,000 after buying an additional 53 shares in the last quarter. RiverPark Advisors LLC purchased a new stake in shares of Caterpillar during the second quarter valued at approximately $32,000. Finally, Joseph Group Capital Management bought a new stake in shares of Caterpillar during the third quarter valued at approximately $32,000. 70.98% of the stock is owned by institutional investors.

Caterpillar Price Performance

Shares of Caterpillar stock opened at $690.71 on Tuesday. Caterpillar Inc. has a one year low of $267.30 and a one year high of $691.38. The stock has a market cap of $323.24 billion, a price-to-earnings ratio of 36.70, a price-to-earnings-growth ratio of 2.53 and a beta of 1.58. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.94 and a current ratio of 1.44. The stock has a 50 day moving average price of $606.93 and a 200-day moving average price of $522.53.

Caterpillar (NYSE:CAT) last issued its quarterly earnings results on Thursday, January 29th. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.67 by $0.49. The firm had revenue of $19.13 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period last year, the company earned $5.14 EPS. Equities analysts expect that Caterpillar Inc. will post 19.86 EPS for the current year.

Caterpillar Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 19th. Shareholders of record on Tuesday, January 20th will be given a dividend of $1.51 per share. This represents a $6.04 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Tuesday, January 20th. Caterpillar’s dividend payout ratio is presently 32.09%.

Analyst Ratings Changes

Several analysts have commented on CAT shares. JPMorgan Chase & Co. increased their target price on Caterpillar from $740.00 to $765.00 and gave the company an “overweight” rating in a research note on Friday. 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. William Blair set a $735.00 price objective on Caterpillar in a report on Friday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Caterpillar in a report on Monday, December 29th. Finally, Argus lifted their price objective on Caterpillar from $460.00 to $625.00 and gave the company a “buy” rating in a research report on Wednesday, November 19th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Caterpillar currently has a consensus rating of “Moderate Buy” and a consensus price target of $678.29.

Insider Buying and Selling

In other Caterpillar news, Director David Maclennan bought 300 shares of the company’s stock in a transaction that occurred on Thursday, November 6th. The shares were purchased at an average cost of $568.86 per share, for a total transaction of $170,658.00. Following the purchase, the director directly owned 7,947 shares in the company, valued at $4,520,730.42. This represents a 3.92% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Lange Bob De sold 14,638 shares of the company’s stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of $562.36, for a total transaction of $8,231,825.68. Following the transaction, the insider owned 80,209 shares in the company, valued at $45,106,333.24. The trade was a 15.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 54,729 shares of company stock valued at $31,084,308 over the last quarter. Insiders own 0.33% of the company’s stock.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Earnings beat and commentary point to stronger demand from data centers, reinforcing revenue/earnings upside and durability of higher‑margin power systems sales. Caterpillar Inc. (CAT) Earnings Beat Backed Up by Data Center Power Demand
• Positive Sentiment: Deal to supply power solutions for Monarch AI campus highlights a new, durable revenue stream from hyperscale/AI data centers — a market with long equipment lifecycles and recurring service. Caterpillar Taps AI Data Center Power Demand With Monarch Campus Deal
• Positive Sentiment: Analyst bullishness: Truist raised its price target substantially and kept a buy rating, signaling institutional confidence in growth and margins. The Fly: Truist price target raise
• Positive Sentiment: Citigroup also raised its price target and maintains a buy rating, adding to momentum from multiple firms upgrading valuation expectations. Benzinga: Citigroup raises Caterpillar price target
• Positive Sentiment: Additional price‑target lift from other outlets (e.g., American Banking News) underscores broader analyst re‑rating following the quarter and data‑center commentary. Caterpillar (NYSE:CAT) Price Target Raised to $735.00
• Positive Sentiment: Product refresh: launch of the 308CR mini excavator supports ongoing share and rental market activity in compact equipment. Product news helps aftermarket/service revenue over time. Cat debuts new 308CR mini excavator
• Neutral Sentiment: Inclusion in industry coverage pieces (railroad equipment & leasing lists) is background positive for sector positioning but is unlikely to move the stock materially on its own. Top 5 Railroad Equipment & Railcar Leasing Stocks
• Negative Sentiment: DA Davidson raised its target but kept a neutral rating and its target implies downside versus the current price — a reminder that not all analysts are projecting further near‑term upside. DA Davidson price target note

About Caterpillar

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.