First National Bank & Trust Co. of Newtown Reduces Stock Holdings in Caterpillar Inc. $CAT

First National Bank & Trust Co. of Newtown lessened its holdings in shares of Caterpillar Inc. (NYSE:CAT) by 18.4% in the 1st quarter, HoldingsChannel reports. The firm owned 7,321 shares of the industrial products company’s stock after selling 1,646 shares during the quarter. Caterpillar makes up approximately 1.1% of First National Bank & Trust Co. of Newtown’s holdings, making the stock its 16th largest holding. First National Bank & Trust Co. of Newtown’s holdings in Caterpillar were worth $5,187,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Wellington Management Group LLP raised its stake in shares of Caterpillar by 3,949.8% during the 3rd quarter. Wellington Management Group LLP now owns 5,228,058 shares of the industrial products company’s stock valued at $2,494,568,000 after buying an additional 5,098,964 shares during the last quarter. Diamant Asset Management Inc. boosted its stake in shares of Caterpillar by 68,427.2% in the first quarter. Diamant Asset Management Inc. now owns 3,140,603 shares of the industrial products company’s stock worth $2,224,992,000 after buying an additional 3,136,020 shares during the last quarter. Capital International Investors acquired a new stake in Caterpillar during the fourth quarter worth about $1,225,317,000. Northwestern Mutual Wealth Management Co. raised its position in Caterpillar by 573.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,504,612 shares of the industrial products company’s stock valued at $861,947,000 after acquiring an additional 1,281,087 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in Caterpillar by 16.0% in the fourth quarter. Bank of America Corp DE now owns 6,738,802 shares of the industrial products company’s stock valued at $3,860,457,000 after acquiring an additional 928,974 shares during the period. 70.98% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. JPMorgan Chase & Co. raised their price objective on shares of Caterpillar from $1,125.00 to $1,165.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 17th. HSBC raised their price target on shares of Caterpillar from $850.00 to $1,100.00 in a research report on Tuesday, May 5th. Oppenheimer set a $980.00 price objective on shares of Caterpillar and gave the company an “outperform” rating in a report on Friday, May 1st. Rothschild & Co Redburn increased their target price on shares of Caterpillar from $700.00 to $950.00 and gave the stock a “neutral” rating in a research note on Thursday, May 14th. Finally, Bank of America raised their target price on Caterpillar from $930.00 to $989.00 and gave the company a “buy” rating in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $970.81.

Caterpillar Stock Performance

NYSE:CAT opened at $938.29 on Friday. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.81 and a current ratio of 1.35. The stock has a market capitalization of $432.17 billion, a PE ratio of 46.70, a P/E/G ratio of 1.87 and a beta of 1.57. Caterpillar Inc. has a fifty-two week low of $401.70 and a fifty-two week high of $1,073.46. The company has a fifty day moving average of $927.99 and a two-hundred day moving average of $780.89.

Caterpillar (NYSE:CAT) last announced its earnings results on Thursday, April 30th. The industrial products company reported $5.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.65 by $0.89. The business had revenue of $17.41 billion for the quarter, compared to analyst estimates of $16.53 billion. Caterpillar had a net margin of 13.33% and a return on equity of 48.21%. The company’s revenue for the quarter was up 22.2% compared to the same quarter last year. During the same quarter last year, the business earned $4.25 earnings per share. As a group, research analysts forecast that Caterpillar Inc. will post 24.71 earnings per share for the current fiscal year.

Caterpillar Increases Dividend

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

Insider Transactions at Caterpillar

In other Caterpillar news, insider Lange Bob De sold 24,222 shares of Caterpillar stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $922.92, for a total transaction of $22,354,968.24. Following the sale, the insider owned 86,029 shares of the company’s stock, valued at $79,397,884.68. The trade was a 21.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO William E. Schaupp sold 360 shares of the company’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $906.00, for a total transaction of $326,160.00. Following the sale, the chief accounting officer directly owned 530 shares of the company’s stock, valued at $480,180. The trade was a 40.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 95,773 shares of company stock valued at $87,642,635. Insiders own 0.33% of the company’s stock.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar is being viewed as a beneficiary of AI infrastructure spending, with analysts and commentators highlighting strong demand tied to data center construction and broader AI buildout. CAT Outperforms NVDA & Tech Sector, AI Data Center Demand Powers Growth
• Positive Sentiment: The company continues to expand its mining technology capabilities after acquiring Skycatch, a move aimed at improving mine safety, productivity, and planning with AI and near-real-time spatial data. Caterpillar acquires Skycatch to expand mining technology portfolio
• Positive Sentiment: Caterpillar’s planned headquarters expansion in Las Colinas signals ongoing investment and confidence in long-term business growth. Caterpillar digs into new $34M HQ expansion in Las Colinas
• Positive Sentiment: Investor-friendly capital returns remain a support factor, with attention on Caterpillar’s dividend hike and buybacks as part of its cash-return profile. Why Caterpillar’s Dividend Hike and Buybacks Make Capital-Return Mix Central to Its Tax Profile
• Neutral Sentiment: Market roundups continue to list Caterpillar among industrial and mining names to watch, but these pieces do not add a major new catalyst. Industrial Stocks To Watch Today – July 8th
• Negative Sentiment: Recent coverage says Caterpillar is losing momentum as investors question whether the AI rally has gone too far, with valuation, tariffs, and execution risks weighing on sentiment. CAT Stock Heads For Second Weekly Loss: Is Caterpillar’s AI Rally Fading?
• Negative Sentiment: Valuation-focused commentary suggests Caterpillar may already be priced for a lot of future growth, which can limit upside near term. Is Caterpillar (CAT) Still A Bargain Or Already Fully Priced?
• Negative Sentiment: Another headline noted Caterpillar stock dipping in the latest session, reinforcing near-term weakness in trading sentiment. Caterpillar (CAT) Stock Dips While Market Gains: Key Facts

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.