WealthPoint Financial LLC Invests $363,000 in Caterpillar Inc. $CAT

WealthPoint Financial LLC bought a new stake in Caterpillar Inc. (NYSE:CAT) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 633 shares of the industrial products company’s stock, valued at approximately $363,000.

Other hedge funds have also bought and sold shares of the company. Compound Planning Inc. raised its stake in Caterpillar by 5.5% in the 4th quarter. Compound Planning Inc. now owns 18,177 shares of the industrial products company’s stock worth $10,413,000 after purchasing an additional 940 shares in the last quarter. Claris Financial LLC acquired a new position in shares of Caterpillar during the 4th quarter worth approximately $1,151,000. TMB Capital Partners LLC bought a new position in shares of Caterpillar during the fourth quarter worth approximately $1,293,000. Invesco Ltd. raised its position in shares of Caterpillar by 2.3% in the fourth quarter. Invesco Ltd. now owns 3,031,666 shares of the industrial products company’s stock valued at $1,736,750,000 after buying an additional 68,770 shares in the last quarter. Finally, Rare Wolf Capital LLC bought a new stake in shares of Caterpillar in the fourth quarter valued at approximately $691,000. 70.98% of the stock is owned by institutional investors.

Caterpillar Trading Up 3.3%

Shares of CAT stock opened at $987.79 on Friday. The stock’s fifty day moving average price is $870.74 and its two-hundred day moving average price is $738.63. The company has a market cap of $454.97 billion, a PE ratio of 49.17, a P/E/G ratio of 1.89 and a beta of 1.59. Caterpillar Inc. has a fifty-two week low of $357.73 and a fifty-two week high of $994.49. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.81 and a current ratio of 1.35.

Caterpillar (NYSE:CAT) last posted its quarterly earnings results on Thursday, April 30th. The industrial products company reported $5.54 EPS for the quarter, topping analysts’ consensus estimates of $4.65 by $0.89. Caterpillar had a return on equity of 48.21% and a net margin of 13.33%.The company had revenue of $17.41 billion during the quarter, compared to analysts’ expectations of $16.53 billion. During the same quarter in the previous year, the firm earned $4.25 EPS. Caterpillar’s revenue was up 22.2% on a year-over-year basis. Equities analysts predict that Caterpillar Inc. will post 24.62 EPS for the current fiscal year.

Caterpillar Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Monday, July 20th will be paid a dividend of $1.63 per share. The ex-dividend date of this dividend is Monday, July 20th. This is a positive change from Caterpillar’s previous quarterly dividend of $1.51. This represents a $6.52 annualized dividend and a yield of 0.7%. Caterpillar’s payout ratio is presently 30.06%.

Insider Transactions at Caterpillar

In other news, insider Denise C. Johnson sold 12,605 shares of the firm’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 sale, the insider directly owned 49,825 shares in the company, valued at approximately $45,236,615.75. This trade represents a 20.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible 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 sale, the insider directly owned 46,041 shares in the company, valued at $42,210,388.80. This trade represents a 26.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 95,773 shares of company stock valued at $87,642,635. 0.33% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on CAT shares. Evercore restated an “outperform” rating and set a $1,103.00 price objective on shares of Caterpillar in a research note on Monday, May 11th. Argus upped their target price on Caterpillar from $820.00 to $990.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. UBS Group reissued a “neutral” rating and set a $900.00 target price on shares of Caterpillar in a report on Tuesday, June 2nd. Oppenheimer set a $980.00 price target on Caterpillar and gave the company an “outperform” rating in a research note on Friday, May 1st. Finally, HSBC increased their price objective on shares of Caterpillar from $850.00 to $1,100.00 in a research note on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $935.09.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: JPMorgan raised its price target on Caterpillar to $1,165 from $1,125 and reiterated an overweight rating, reinforcing a bullish analyst outlook for the stock.
• Positive Sentiment: Analysts currently view Caterpillar as a “Moderate Buy,” suggesting Wall Street remains constructive on the company’s earnings and growth prospects.
• Positive Sentiment: Several writeups highlight Caterpillar as a blue-chip name benefiting from strong market momentum, with the stock featured among top industrial and Dow stocks to watch.
• Positive Sentiment: Investor interest is also being supported by Caterpillar’s recent dividend hike, which signals confidence in cash flow and capital returns.
• Positive Sentiment: Commentary around Caterpillar’s growing power generation business and its exposure to AI data-center infrastructure is improving the long-term growth story. Article: Caterpillar (CAT) Is Recasting Its Growth Story With A $63 Billion AI Backlog
• Neutral Sentiment: Some articles are simply repeating recent market strength and record-high Dow leadership, which supports sentiment but does not add new company-specific information.
• Negative Sentiment: One article references a legal/political dispute over the SEC’s Consolidated Audit Trail, but this appears to concern the CAT data system rather than Caterpillar Inc., so it is not a meaningful fundamental driver for the stock.

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.