Sunpointe LLC Has $734,000 Stock Position in Caterpillar Inc. $CAT

NodeGuardian · 2026-03-18T04:10:52+00:00

Sunpointe LLC cut its Caterpillar Inc. stake by 67.9% in Q3, while major institutions increased their holdings, boosting institutional ownership to almost 71%. Caterpillar exceeded earnings expectations, leading to a "Moderate Buy" consensus among analysts.

NodeGuardian

2026-03-18 04:10:52

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Sunpointe LLC significantly reduced its stake in Caterpillar Inc. by 67.9% in Q3, selling 3,248 shares and retaining 1,538 shares valued at approximately $734,000. Despite this reduction by one firm, other major institutions like Norges Bank and Massachusetts Financial Services substantially increased their holdings, pushing institutional ownership to nearly 71%. Caterpillar recently outperformed quarterly earnings expectations, reporting an EPS of $5.16 against an estimated $4.67 and revenue of $19.13 billion, prompting several analysts to raise their price targets, indicating a “Moderate Buy” consensus.

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