Caterpillar Inc. $CAT Shares Sold by Rhumbline Advisers

22 Nov 2025, 11:52 by Amy Steele · The Cerbat Gem

Rhumbline Advisers trimmed its position in shares of Caterpillar Inc. (NYSE:CAT – Free Report) by 1.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 846,648 shares of the industrial products company’s stock after selling 11,262 shares during the period. Rhumbline Advisers owned about 0.18% of Caterpillar worth $328,677,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. AlphaCore Capital LLC grew its holdings in Caterpillar by 43.0% during the 2nd quarter. AlphaCore Capital LLC now owns 2,596 shares of the industrial products company’s stock worth $1,008,000 after acquiring an additional 780 shares in the last quarter. Mufg Securities Americas Inc. lifted its position in shares of Caterpillar by 23.2% during the 2nd quarter. Mufg Securities Americas Inc. now owns 10,423 shares of the industrial products company’s stock worth $4,046,000 after purchasing an additional 1,963 shares during the last quarter. Evelyn Partners Investment Management Services Ltd grew its stake in shares of Caterpillar by 1,535.3% during the second quarter. Evelyn Partners Investment Management Services Ltd now owns 834 shares of the industrial products company’s stock worth $357,000 after purchasing an additional 783 shares in the last quarter. Evelyn Partners Investment Management LLP increased its holdings in Caterpillar by 36.3% in the second quarter. Evelyn Partners Investment Management LLP now owns 8,158 shares of the industrial products company’s stock valued at $3,167,000 after buying an additional 2,172 shares during the last quarter. Finally, AXQ Capital LP raised its stake in Caterpillar by 55.8% in the second quarter. AXQ Capital LP now owns 1,560 shares of the industrial products company’s stock valued at $606,000 after buying an additional 559 shares in the last quarter. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Caterpillar Stock Up 0.8%

CAT opened at $550.74 on Friday. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.81 and a current ratio of 1.38. The company has a market cap of $257.74 billion, a price-to-earnings ratio of 28.27, a PEG ratio of 3.33 and a beta of 1.51. Caterpillar Inc. has a one year low of $267.30 and a one year high of $596.21. The business’s fifty day moving average is $518.69 and its two-hundred day moving average is $435.07.

Caterpillar (NYSE:CAT – Get Free Report) last announced its quarterly earnings results on Wednesday, October 29th. The industrial products company reported $4.95 earnings per share for the quarter, beating analysts’ consensus estimates of $4.52 by $0.43. Caterpillar had a return on equity of 47.16% and a net margin of 14.34%.The business had revenue of $17.64 billion during the quarter, compared to analysts’ expectations of $16.72 billion. During the same quarter last year, the business posted $5.17 earnings per share. The business’s revenue for the quarter was up 9.5% on a year-over-year basis. Analysts anticipate that Caterpillar Inc. will post 19.86 EPS for the current fiscal year.

Caterpillar Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 20th. Shareholders of record on Monday, October 20th were issued a $1.51 dividend. This represents a $6.04 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Monday, October 20th. Caterpillar’s dividend payout ratio is 31.01%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on CAT shares. HSBC raised Caterpillar from a “hold” rating to a “buy” rating and upped their price objective for the stock from $405.00 to $660.00 in a research report on Wednesday, November 5th. Barclays upped their price target on Caterpillar from $485.00 to $555.00 and gave the company an “equal weight” rating in a report on Thursday, October 30th. Argus raised their price objective on shares of Caterpillar from $460.00 to $625.00 and gave the stock a “buy” rating in a report on Wednesday. Hsbc Global Res upgraded shares of Caterpillar from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 6th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Caterpillar in a research report on Wednesday, November 5th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $610.32.

Read Our Latest Stock Report on Caterpillar

Insiders Place Their Bets

In other Caterpillar news, CAO William E. Schaupp sold 1,200 shares of the stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $572.22, for a total transaction of $686,664.00. Following the sale, the chief accounting officer owned 1,323 shares in the company, valued at approximately $757,047.06. This represents a 47.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director David Maclennan purchased 300 shares of the business’s stock in a transaction dated Thursday, November 6th. The stock was bought at an average cost of $568.86 per share, with a total value of $170,658.00. Following the completion of the acquisition, the director owned 7,947 shares of the company’s stock, valued at approximately $4,520,730.42. The trade was a 3.92% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders sold 86,229 shares of company stock valued at $43,323,118. Corporate insiders own 0.33% of the company’s stock.

Caterpillar Company 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.