Hancock Whitney Corp Has $932,000 Holdings in Caterpillar Inc. (NYSE:CAT)

26 Apr 2025, 13:22 by Tristan Rich · The Markets Daily

Hancock Whitney Corp lowered its position in shares of Caterpillar Inc. (NYSE:CAT – Free Report) by 1.7% during the fourth quarter, Holdings Channel reports. The fund owned 2,568 shares of the industrial products company’s stock after selling 45 shares during the quarter. Hancock Whitney Corp’s holdings in Caterpillar were worth $932,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. FSM Wealth Advisors LLC lifted its holdings in shares of Caterpillar by 3.8% in the fourth quarter. FSM Wealth Advisors LLC now owns 688 shares of the industrial products company’s stock valued at $262,000 after purchasing an additional 25 shares in the last quarter. Allen Capital Group LLC raised its position in Caterpillar by 0.6% during the fourth quarter. Allen Capital Group LLC now owns 4,247 shares of the industrial products company’s stock valued at $1,541,000 after buying an additional 26 shares during the period. Wagner Wealth Management LLC lifted its stake in Caterpillar by 4.0% in the 4th quarter. Wagner Wealth Management LLC now owns 668 shares of the industrial products company’s stock worth $242,000 after acquiring an additional 26 shares in the last quarter. Channel Wealth LLC boosted its position in Caterpillar by 1.9% during the 4th quarter. Channel Wealth LLC now owns 1,468 shares of the industrial products company’s stock worth $533,000 after acquiring an additional 27 shares during the period. Finally, Total Clarity Wealth Management Inc. grew its stake in Caterpillar by 0.6% during the 4th quarter. Total Clarity Wealth Management Inc. now owns 4,373 shares of the industrial products company’s stock valued at $1,586,000 after acquiring an additional 27 shares in the last quarter. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on CAT shares. Raymond James upgraded shares of Caterpillar from a “market perform” rating to an “outperform” rating in a report on Monday, February 3rd. Morgan Stanley raised shares of Caterpillar from an “underweight” rating to an “equal weight” rating and decreased their target price for the company from $300.00 to $283.00 in a research note on Wednesday, April 16th. StockNews.com lowered Caterpillar from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Wedbush upgraded Caterpillar to an “outperform” rating in a research note on Monday, February 3rd. Finally, Citigroup cut their price target on Caterpillar from $430.00 to $320.00 and set a “buy” rating for the company in a research note on Tuesday, April 8th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $359.36.

Read Our Latest Report on CAT

Insider Activity

In related news, insider Jason Kaiser sold 2,425 shares of the stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $354.70, for a total value of $860,147.50. Following the completion of the sale, the insider now owns 6,275 shares in the company, valued at approximately $2,225,742.50. This trade represents a 27.87 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Gerald Johnson purchased 100 shares of the stock in a transaction that occurred on Tuesday, February 4th. The shares were purchased at an average price of $365.57 per share, for a total transaction of $36,557.00. Following the completion of the purchase, the director now directly owns 3,053 shares of the company’s stock, valued at approximately $1,116,085.21. This trade represents a 3.39 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.29% of the stock is owned by company insiders.

Caterpillar Price Performance

Shares of Caterpillar stock opened at $306.33 on Friday. Caterpillar Inc. has a 1-year low of $267.30 and a 1-year high of $418.50. The firm has a fifty day simple moving average of $321.41 and a 200-day simple moving average of $360.65. The company has a current ratio of 1.42, a quick ratio of 0.89 and a debt-to-equity ratio of 1.40. The stock has a market capitalization of $146.40 billion, a price-to-earnings ratio of 13.88, a PEG ratio of 1.87 and a beta of 1.21.

Caterpillar (NYSE:CAT – Get Free Report) last released its quarterly earnings results on Thursday, January 30th. The industrial products company reported $5.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.97 by $0.17. Caterpillar had a net margin of 16.65% and a return on equity of 58.18%. On average, sell-side analysts expect that Caterpillar Inc. will post 19.86 earnings per share for the current year.

Caterpillar Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 20th. Shareholders of record on Monday, April 21st will be given a $1.41 dividend. This represents a $5.64 annualized dividend and a yield of 1.84%. The ex-dividend date is Monday, April 21st. Caterpillar’s dividend payout ratio is currently 25.56%.

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.