JT Stratford LLC Lowers Stock Holdings in Caterpillar Inc. (NYSE:CAT)

22 May 2025, 10:16 by Jessica Moore · The Cerbat Gem

JT Stratford LLC lessened its holdings in Caterpillar Inc. (NYSE:CAT – Free Report) by 26.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 6,244 shares of the industrial products company’s stock after selling 2,230 shares during the quarter. JT Stratford LLC’s holdings in Caterpillar were worth $2,265,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Flagship Wealth Advisors LLC purchased a new stake in Caterpillar in the 4th quarter valued at approximately $26,000. Halbert Hargrove Global Advisors LLC purchased a new stake in Caterpillar in the 4th quarter valued at approximately $27,000. Cyrus J. Lawrence LLC purchased a new stake in Caterpillar in the 4th quarter valued at approximately $27,000. Noble Wealth Management PBC purchased a new stake in Caterpillar in the 4th quarter valued at approximately $31,000. Finally, Quarry LP purchased a new stake in Caterpillar in the 4th quarter valued at approximately $35,000. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Insider Activity at Caterpillar

In other news, Director David Maclennan bought 375 shares of Caterpillar stock in a transaction that occurred on Wednesday, May 7th. The shares were purchased at an average price of $320.70 per share, for a total transaction of $120,262.50. Following the completion of the acquisition, the director now owns 6,653 shares of the company’s stock, valued at $2,133,617.10. The trade was a 5.97% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.33% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

CAT has been the topic of several research analyst reports. Oppenheimer raised Caterpillar from a “market perform” rating to an “outperform” rating and set a $395.00 price target on the stock in a research note on Thursday, May 1st. StockNews.com lowered Caterpillar from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. Truist Financial reissued a “buy” rating and set a $396.00 price target (up previously from $389.00) on shares of Caterpillar in a research note on Thursday, May 1st. Raymond James raised Caterpillar from a “market perform” rating to an “outperform” rating in a research note on Monday, February 3rd. Finally, JPMorgan Chase & Co. decreased their price target on Caterpillar from $490.00 to $380.00 and set an “overweight” rating on the stock in a research note on Monday, April 14th. Six equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Caterpillar presently has a consensus rating of “Moderate Buy” and a consensus target price of $375.33.

View Our Latest Stock Analysis on CAT

Caterpillar Price Performance

CAT opened at $342.67 on Thursday. The company’s 50 day simple moving average is $318.06 and its 200 day simple moving average is $353.46. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.89 and a current ratio of 1.42. Caterpillar Inc. has a 1 year low of $267.30 and a 1 year high of $418.50. The stock has a market capitalization of $161.41 billion, a PE ratio of 15.53, a P/E/G ratio of 1.87 and a beta of 1.35.

Caterpillar (NYSE:CAT – Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The industrial products company reported $4.25 EPS for the quarter, missing analysts’ consensus estimates of $4.35 by ($0.10). Caterpillar had a return on equity of 58.18% and a net margin of 16.65%. The firm had revenue of $14.25 billion for the quarter, compared to analyst estimates of $14.64 billion. During the same quarter in the previous year, the company earned $5.60 earnings per share. The company’s quarterly revenue was down 9.8% on a year-over-year basis. As a group, sell-side analysts expect that Caterpillar Inc. will post 19.86 EPS for the current year.

Caterpillar Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 20th. Investors of record on Monday, April 21st were issued a $1.41 dividend. This represents a $5.64 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date of this dividend was Monday, April 21st. Caterpillar’s payout ratio is currently 27.49%.

Caterpillar Profile

(Free Report)

Caterpillar Inc manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools.