Genesis Financial Group LLC Invests $478,000 in Caterpillar Inc. $CAT

Genesis Financial Group LLC bought a new stake in shares of Caterpillar Inc. (NYSE:CAT) in the 4th quarter, HoldingsChannel.com reports. The fund bought 835 shares of the industrial products company’s stock, valued at approximately $478,000.

Several other large investors have also recently made changes to their positions in CAT. Pacific Point Advisors LLC acquired a new stake in shares of Caterpillar during the 4th quarter valued at about $579,000. Brighton Jones LLC raised its holdings in Caterpillar by 51.5% in the 4th quarter. Brighton Jones LLC now owns 7,409 shares of the industrial products company’s stock worth $2,688,000 after purchasing an additional 2,519 shares during the period. United Bank boosted its position in Caterpillar by 108.5% during the second quarter. United Bank now owns 4,083 shares of the industrial products company’s stock worth $1,585,000 after purchasing an additional 2,125 shares in the last quarter. Schnieders Capital Management LLC. grew its holdings in Caterpillar by 3.9% in the second 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, Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Caterpillar in the second quarter valued at approximately $144,000. 70.98% of the stock is currently owned by institutional investors and hedge funds.

Caterpillar Stock Down 1.8%

NYSE CAT opened at $717.23 on Friday. The business has a fifty day moving average price of $713.73 and a 200 day moving average price of $610.90. 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 company has a market cap of $333.72 billion, a P/E ratio of 38.11, a P/E/G ratio of 1.72 and a beta of 1.52. Caterpillar Inc. has a one year low of $267.30 and a one year high of $789.81.

Caterpillar (NYSE:CAT) last posted its quarterly earnings results on Thursday, January 29th. The industrial products company reported $5.16 earnings per share for the quarter, topping analysts’ consensus estimates of $4.67 by $0.49. The firm had revenue of $19.13 billion for the quarter, compared to analyst estimates of $17.81 billion. Caterpillar had a net margin of 13.14% and a return on equity of 45.76%. Caterpillar’s quarterly revenue was up 17.9% on a year-over-year basis. During the same period in the previous year, the business posted $5.14 earnings per share. Research analysts anticipate that Caterpillar Inc. will post 19.86 EPS for the current fiscal year.

Insider Buying and Selling at Caterpillar

In related news, insider Anthony D. Fassino sold 10,671 shares of Caterpillar stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $680.45, for a total transaction of $7,261,081.95. Following the transaction, the insider owned 41,151 shares in the company, valued at approximately $28,001,197.95. This trade represents a 20.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Joseph E. Creed sold 2,500 shares of the business’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $718.93, for a total value of $1,797,325.00. Following the transaction, the chief executive officer directly owned 35,083 shares in the company, valued at $25,222,221.19. This trade represents a 6.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 125,950 shares of company stock worth $88,577,390. 0.33% of the stock is owned by company insiders.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analyst upgrade and higher price target from Wolfe Research supports upside expectations for CAT. Wolfe Research adjusts PT on Caterpillar to $750 from $670, maintains outperform rating
• Positive Sentiment: Market momentum from easing Middle East tensions and “Iran war FOMO” recently lifted industrial names including Caterpillar, helping drive gains into quarter?end. The Iran War FOMO Trade Is Sending Stocks Surging
• Positive Sentiment: Technical and fundamental bulls point to CAT clearing the 50?day moving average, record revenues and a roughly $50B backlog as reasons the stock can continue outperforming industrial peers. Caterpillar Climbs Above 50?Day SMA: Time to Buy the Stock?
• Neutral Sentiment: Barclays raised its price target to $700 but kept an equal?weight rating — a modest signal that upside is present but not unanimous among brokers. Barclays adjusts Caterpillar price target to $700 from $625, maintains equal weight rating
• Neutral Sentiment: Changes in U.S. tax law are improving Caterpillar’s cash taxes while complicating reported book tax metrics — positive for cash flow planning but potentially confusing for EPS comparability. Caterpillar Tax Shift Boosts Cash While Clouding Earnings Picture For Investors
• Negative Sentiment: U.S. senators are pushing a national?security review of heavy equipment imports from Mexico that could lead to tariffs or restrictions affecting Caterpillar’s Mexico manufacturing and cross?border supply chains. This regulatory risk is a key near?term headwind. Caterpillar Faces Mexico Import Review As Supply Chain Risks Resurface
• Negative Sentiment: Notable insider selling and large institutional portfolio moves (some big fund reductions) are public and can weigh on sentiment, especially after CAT’s strong first?quarter run. Caterpillar Inc. Stock (CAT) Opinions on Quarterly Earnings

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on CAT. Bank of America increased their target price on Caterpillar from $735.00 to $825.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Jefferies Financial Group boosted their price target on shares of Caterpillar from $785.00 to $825.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Royal Bank Of Canada increased their price objective on shares of Caterpillar from $587.00 to $658.00 and gave the company a “sector perform” rating in a report on Friday, January 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of Caterpillar in a research report on Monday, December 29th. Finally, DA Davidson upped their price target on shares of Caterpillar from $569.00 to $650.00 and gave the stock a “neutral” rating in a research report on Monday, February 2nd. Sixteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $737.55.

Caterpillar Company 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.