Northstar Group Inc. Purchases Shares of 2,026 Caterpillar Inc. $CAT

Northstar Group Inc. acquired a new position in shares of Caterpillar Inc. (NYSE:CAT) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 2,026 shares of the industrial products company’s stock, valued at approximately $2,158,000.

Several other hedge funds have also recently added to or reduced their stakes in CAT. State Street Corp increased its position in shares of Caterpillar by 1.1% in the 4th quarter. State Street Corp now owns 35,388,550 shares of the industrial products company’s stock valued at $20,273,039,000 after purchasing an additional 385,204 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Caterpillar by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 10,610,182 shares of the industrial products company’s stock worth $6,072,572,000 after purchasing an additional 94,524 shares during the last quarter. Fisher Asset Management LLC grew its stake in shares of Caterpillar by 0.6% during the fourth quarter. Fisher Asset Management LLC now owns 9,493,266 shares of the industrial products company’s stock worth $5,438,408,000 after purchasing an additional 54,069 shares in the last quarter. Bank of America Corp DE increased 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 buying an additional 928,974 shares during the last quarter. Finally, Diamant Asset Management Inc. increased its holdings in 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 valued at $2,224,992,000 after buying an additional 3,136,020 shares during the last quarter. Institutional investors and hedge funds own 70.98% of the company’s stock.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar plans to invest approximately $890 million in its Indiana facility, supporting longer-term production capacity, regional employment and potential demand for its equipment. Caterpillar planning $890M investment in Indiana plant
• Positive Sentiment: Recent analysis highlights a substantial increase in Caterpillar’s order volume and a record backlog, suggesting future revenue visibility even though reported revenue has faced pressure. This supports the bullish case for CAT’s cyclical recovery. Before The Surge, Caterpillar Stock’s Order Book Told a Different Story
• Positive Sentiment: Analysts favor CAT over Deere in the heavy-equipment sector, citing Caterpillar’s record sales, backlog and earnings growth. Another investment article lists CAT as a way to gain exposure to infrastructure spending and broader capital investment. Caterpillar vs. Deere
• Positive Sentiment: Valuation commentary argues CAT could be undervalued by roughly 20% if its margin and cash-flow strength, backlog and upgraded outlook are sustained. The Gates Foundation Trust’s reported ownership also provides a notable institutional-ownership signal. Caterpillar Could Be 20% Undervalued
• Neutral Sentiment: A covered-call strategy is presented as a way to generate potentially 12% annualized income while waiting through a slowdown, though selling calls would cap upside if CAT rallies sharply. Can CAT Stock Yield 12% Annualized Income?
• Neutral Sentiment: Caterpillar is beginning renovations at office space in Irving, Texas. The move is operationally relevant but unlikely to materially change near-term earnings expectations. Caterpillar set to begin renovation of Irving office space
• Negative Sentiment: A worker injury at Caterpillar’s Mapleton facility introduces potential safety, regulatory and operational concerns, although the available report provides limited details on the incident. Worker injured at Caterpillar Mapleton facility
• Negative Sentiment: CAT’s premium valuation leaves less room for disappointment, while Michael Burry’s disclosed short position and discussion of a possible slowdown may add volatility. Separate analysis sees only about 4% upside from tariff-refund developments, suggesting limited near-term valuation support. Caterpillar Stock May Be 4% Undervalued

Analyst Ratings Changes

A number of brokerages have issued reports on CAT. UBS Group lifted their price target on Caterpillar from $900.00 to $925.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Rothschild & Co Redburn raised their target price on Caterpillar from $700.00 to $950.00 and gave the stock a “neutral” rating in a research report on Thursday, May 14th. JPMorgan Chase & Co. boosted their target price on Caterpillar from $1,125.00 to $1,165.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 17th. Evercore reaffirmed an “outperform” rating and issued a $1,103.00 price target on shares of Caterpillar in a report on Monday, May 11th. Finally, Wall Street Zen upgraded shares of Caterpillar from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $995.52.

Caterpillar Price Performance

Shares of NYSE CAT opened at $822.44 on Thursday. The company has a current ratio of 1.37, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65. The stock has a market cap of $378.05 billion, a P/E ratio of 35.39, a P/E/G ratio of 1.42 and a beta of 1.60. The stock has a 50 day moving average of $901.07 and a two-hundred day moving average of $836.76. Caterpillar Inc. has a twelve month low of $410.52 and a twelve month high of $1,073.46.

Caterpillar (NYSE:CAT) last released its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $8.17 EPS for the quarter, beating the consensus estimate of $6.22 by $1.95. The firm had revenue of $20.54 billion during the quarter, compared to the consensus estimate of $19.34 billion. Caterpillar had a net margin of 14.51% and a return on equity of 55.53%. Caterpillar’s revenue for the quarter was up 23.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.72 EPS. On average, research analysts forecast that Caterpillar Inc. will post 27.14 earnings per share for the current year.

Caterpillar Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Monday, July 20th were given a $1.63 dividend. This is a boost from Caterpillar’s previous quarterly dividend of $1.51. The ex-dividend date was Monday, July 20th. This represents a $6.52 annualized dividend and a yield of 0.8%. Caterpillar’s payout ratio is presently 28.06%.

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.