686 Shares in Caterpillar Inc. $CAT Purchased by Waddell & Associates LLC

Waddell & Associates LLC acquired a new position in Caterpillar Inc. (NYSE:CAT) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 686 shares of the industrial products company’s stock, valued at approximately $393,000.

Several other large investors also recently bought and sold shares of CAT. Pacific Point Advisors LLC bought a new stake in Caterpillar in the 4th quarter worth about $579,000. Brighton Jones LLC grew its stake in shares of Caterpillar by 51.5% during the 4th quarter. Brighton Jones LLC now owns 7,409 shares of the industrial products company’s stock valued at $2,688,000 after purchasing an additional 2,519 shares during the period. United Bank grew its stake in shares of Caterpillar by 108.5% during the 2nd quarter. United Bank now owns 4,083 shares of the industrial products company’s stock valued at $1,585,000 after purchasing an additional 2,125 shares during the period. Schnieders Capital Management LLC. grew its stake in shares of Caterpillar by 3.9% during the 2nd quarter. Schnieders Capital Management LLC. now owns 9,147 shares of the industrial products company’s stock valued at $3,551,000 after purchasing an additional 347 shares during the period. Finally, Alliancebernstein L.P. grew its stake in shares of Caterpillar by 6.5% during the 2nd quarter. Alliancebernstein L.P. now owns 572,165 shares of the industrial products company’s stock valued at $222,120,000 after purchasing an additional 34,846 shares during the period. 70.98% of the stock is currently owned by institutional investors.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Zacks Research upgraded Caterpillar from hold to strong-buy, a fresh analyst boost that can support the stock by signaling improved conviction in the company’s outlook. Zacks.com
• Positive Sentiment: Recent coverage highlighted Caterpillar’s strong Q1 2026 results, with sales up 22% and volume growth across Construction and Power & Energy, suggesting demand remains healthy and could drive further upside. Article Title
• Positive Sentiment: Multiple articles pointed to Caterpillar as a potential beneficiary of the AI data center build-out, especially through higher demand for power generation, cooling, and grid equipment. Article Title
• Positive Sentiment: Caterpillar was also named on Zacks’ Strong Buy momentum stocks list, reinforcing the idea that near-term price momentum and analyst sentiment remain favorable. Article Title
• Neutral Sentiment: Several pieces questioned whether Caterpillar is already priced for perfection after its huge one-year run, which may temper upside expectations even as the bullish case remains intact. Article Title
• Neutral Sentiment: Some articles were broad sector roundups or broker-commentary pieces that did not add much new company-specific information, so their stock impact is limited. Article Title

Caterpillar Trading Down 0.0%

Shares of NYSE:CAT opened at $915.29 on Wednesday. The stock has a 50 day moving average of $840.65 and a 200 day moving average of $720.71. The company has a market cap of $421.57 billion, a PE ratio of 45.56, a price-to-earnings-growth ratio of 1.81 and a beta of 1.59. The company has a current ratio of 1.35, a quick ratio of 0.81 and a debt-to-equity ratio of 1.64. Caterpillar Inc. has a 12-month low of $355.70 and a 12-month high of $946.83.

Caterpillar (NYSE:CAT) last announced its quarterly earnings data on Thursday, April 30th. The industrial products company reported $5.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.65 by $0.89. The company had revenue of $17.42 billion during the quarter, compared to the consensus estimate of $16.53 billion. Caterpillar had a return on equity of 48.21% and a net margin of 13.33%.The firm’s revenue was up 22.2% on a year-over-year basis. During the same period in the previous year, the company posted $4.25 EPS. As a group, equities research analysts expect that Caterpillar Inc. will post 24.68 EPS for the current year.

Caterpillar Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 19th. Investors of record on Monday, April 20th were paid 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 payout ratio is 30.06%.

Insider Activity at Caterpillar

In related news, CFO Andrew R. J. Bonfield sold 15,674 shares of the business’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $918.71, for a total transaction of $14,399,860.54. Following the completion of the transaction, the chief financial officer directly owned 52,935 shares in the company, valued at approximately $48,631,913.85. The trade was a 22.85% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Jason Kaiser sold 5,642 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $883.03, for a total value of $4,982,055.26. Following the transaction, the insider owned 9,594 shares of the company’s stock, valued at approximately $8,471,789.82. This trade represents a 37.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 95,773 shares of company stock worth $87,642,635 in the last quarter. 0.33% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

CAT has been the subject of a number of recent research reports. HSBC boosted their price target on Caterpillar from $850.00 to $1,100.00 in a research note on Tuesday, May 5th. Daiwa Securities Group boosted their price target on Caterpillar from $790.00 to $900.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Wolfe Research boosted their price target on Caterpillar from $670.00 to $750.00 and gave the company an “outperform” rating in a research note on Tuesday, March 31st. Citigroup boosted their price target on Caterpillar from $905.00 to $1,020.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Finally, Argus boosted their price target on Caterpillar from $820.00 to $990.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. One research 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 company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $933.27.

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.