Rep. Marjorie Taylor Greene Purchases Shares of Caterpillar Inc. (NYSE:CAT)

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Caterpillar Inc. NYSE: CAT. In a filing disclosed on March 19th, the Representative disclosed that they had bought between $1,001 and $15,000 in Caterpillar stock on March 17th.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOG on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of Cardinal Health NYSE: CAH on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of Apple NASDAQ: AAPL on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of Kinder Morgan NYSE: KMI on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of Digital Realty Trust NYSE: DLR on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of Blackstone NYSE: BX on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of United Parcel Service NYSE: UPS on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 3/17/2025.

Caterpillar Price Performance

NYSE CAT traded up $6.05 during trading on Monday, reaching $341.83. 2,277,103 shares of the company traded hands, compared to its average volume of 2,448,053. The stock's 50 day moving average price is $358.61 and its two-hundred day moving average price is $372.30. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.89 and a current ratio of 1.42. The company has a market cap of $163.37 billion, a price-to-earnings ratio of 15.49, a P/E/G ratio of 1.87 and a beta of 1.15. Caterpillar Inc. has a 1-year low of $307.05 and a 1-year high of $418.50.

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Caterpillar (NYSE:CAT - Get Free Report) last released its quarterly earnings results on Thursday, January 30th. The industrial products company reported $5.14 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%. As a group, analysts anticipate that Caterpillar Inc. will post 19.86 EPS for the current year.

Insider Buying and Selling

In related news, CFO Andrew R. J. Bonfield sold 10,000 shares of the firm's stock in a transaction dated Thursday, January 16th. The shares were sold at an average price of $380.09, for a total value of $3,800,900.00. Following the completion of the sale, the chief financial officer now directly owns 45,182 shares in the company, valued at approximately $17,173,226.38. This trade represents a 18.12 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Jason Kaiser sold 2,425 shares of the business's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $354.70, for a total value of $860,147.50. Following the transaction, the insider now directly owns 6,275 shares in the company, valued at approximately $2,225,742.50. This trade represents a 27.87 % decrease in their position. The disclosure for this sale can be found here. 0.29% of the stock is currently owned by corporate insiders.

Institutional Trading of Caterpillar

A number of institutional investors have recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Caterpillar by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 46,809,540 shares of the industrial products company's stock valued at $16,980,629,000 after purchasing an additional 284,366 shares during the last quarter. Geode Capital Management LLC increased its stake in Caterpillar by 2.3% in the 4th quarter. Geode Capital Management LLC now owns 10,449,770 shares of the industrial products company's stock valued at $3,790,841,000 after buying an additional 236,315 shares during the last quarter. Fisher Asset Management LLC lifted its position in Caterpillar by 1.4% during the 4th quarter. Fisher Asset Management LLC now owns 9,081,775 shares of the industrial products company's stock worth $3,294,505,000 after buying an additional 129,143 shares in the last quarter. Northern Trust Corp boosted its stake in shares of Caterpillar by 11.8% during the 4th quarter. Northern Trust Corp now owns 6,847,330 shares of the industrial products company's stock worth $2,483,937,000 after buying an additional 724,477 shares during the last quarter. Finally, Norges Bank bought a new position in shares of Caterpillar in the 4th quarter valued at about $2,184,364,000. 70.98% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Citigroup upped their price target on shares of Caterpillar from $420.00 to $430.00 and gave the stock a "buy" rating in a research report on Friday, January 31st. Truist Financial dropped their price objective on Caterpillar from $455.00 to $438.00 and set a "buy" rating for the company in a report on Monday, February 3rd. Evercore ISI increased their price objective on shares of Caterpillar from $365.00 to $375.00 and gave the company an "in-line" rating in a report on Wednesday, February 19th. UBS Group raised shares of Caterpillar from a "sell" rating to a "neutral" rating and lifted their target price for the stock from $355.00 to $385.00 in a report on Monday, February 3rd. Finally, Morgan Stanley cut their target price on Caterpillar from $330.00 to $300.00 and set an "underweight" rating on the stock in a research note on Friday, January 31st. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, Caterpillar presently has a consensus rating of "Hold" and a consensus price target of $383.80.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2026 election.

About Caterpillar

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.