Generali Asset Management SPA SGR trimmed its Caterpillar position by 3.0% in Q3, selling 1,306 shares to end the period with 42,889 shares valued at $20.46 million. Meanwhile, Norges Bank initiated a new $2.17 billion stake in Q2, and Groupe la Francaise expanded its holding by 82.0%, adding 12,278 shares for a total of 27,246. Trivium Point Advisory LLC boosted its exposure by 132.9% with an incremental 1,099 shares, and Union Bancaire Privee UBP SA increased its stake by 155.9%, acquiring 28,773 shares to reach 47,231. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. also added 7,125 shares in Q1, bringing its total to 78,947. Overall, institutions and hedge funds account for 70.98% of Caterpillar’s shares.

Insider Bob De Lange reduced his holdings by 15.43%, selling 14,638 shares on November 5th in a transaction worth $8.23 million, leaving him with 80,209 shares. Conversely, Director David Maclennan purchased 300 shares on November 6th—an increase of 3.92%—bringing his total to 7,947 shares. Over the past 90 days, insiders have sold 61,895 shares totaling $34.01 million, and now collectively own 0.33% of the company’s stock.

Jefferies, Argus, Oppenheimer and Robert W. Baird have all raised their targets and maintained buy or outperform ratings during November, contributing to a consensus Moderate Buy sentiment. On November 3rd, the company reported third-quarter EPS of $4.95, beating the consensus by $0.43, and generated revenue of $17.64 billion, exceeding expectations by $0.92 billion. Net margin improved to 14.34%, and return on equity reached 47.16%, while revenue rose 9.5% year-over-year.