Umpleby III sells Caterpillar (CAT) stock worth $8.6m

Executive Chairman of CATERPILLAR INC (NYSE:CAT), Umpleby III Donald J, sold 17,166 shares of common stock on October 10, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sale comes as CAT shares trade near their 52-week high of $511.50, with the stock showing remarkable strength, gaining over 70% in the past six months. InvestingPro analysis indicates the stock is currently trading above its Fair Value. The shares were sold at a weighted average price of $505.29, with individual prices ranging from $501.40 to $506.98, totaling $8,673,808.

Following the transaction, Umpleby III directly owns 448,173 shares of CATERPILLAR INC. He also indirectly owns 59,000 shares held by Irrevocable Trust for Descendants, 36,040 shares held by Children’s Irrevocable Trust and 1,029 shares held by 401(k) Plan.

In other recent news, Caterpillar has made significant announcements that are drawing attention from investors. The company declared it will maintain its quarterly dividend of $1.51 per share, continuing its long-standing tradition of consistent dividend payments since 1933. This decision underscores Caterpillar’s commitment to shareholder returns, marking 32 consecutive years of increased annual dividends. Additionally, Caterpillar announced an agreement to acquire Australian mining software provider RPMGlobal Holdings Limited. This acquisition is expected to bolster Caterpillar’s technological capabilities in the mining sector, particularly in asset and fleet management.

Furthermore, Bernstein has raised its price target for Caterpillar from $447 to $502 while maintaining a Market Perform rating, citing factors like higher tariff costs and anticipated order growth. In a separate analyst note, Erste Group upgraded Caterpillar’s stock rating from Hold to Buy. This upgrade is based on the company’s strong operating margins and high return on equity, with sales and operating profit growth expected in the coming years. These developments highlight Caterpillar’s strategic moves and financial stability, providing investors with insights into the company’s future trajectory.

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