Capital World Investors Holds 5.9% Stake in Caterpillar (CAT)

Ticker: CAT · Form: SC 13G/A · Filed: 2024-02-09T00:00:00.000Z

Sentiment: bullish

Topics: institutional-ownership, amendment, passive-investing

TL;DR

**Capital World Investors still owns a huge chunk of CAT, signaling institutional confidence.**

AI Summary

Capital World Investors, a major investment firm, has updated its holdings in Caterpillar Inc. (CAT) as of December 29, 2023. The firm now beneficially owns 29,445,081 shares of Caterpillar's common stock, representing 5.9% of the company. This is an amendment to a previous filing, indicating a change in their ownership stake. This matters to investors because Capital World Investors is a significant institutional holder, and their continued large position suggests confidence in Caterpillar's long-term prospects, potentially signaling stability or growth for the stock.

Why It Matters

This filing shows a major institutional investor's continued significant stake in Caterpillar, which can influence market perception and investor confidence in the stock.

Risk Assessment

Risk Level: low — This filing indicates a stable, large institutional holding, which generally reduces volatility and risk for the stock.

Analyst Insight

A smart investor would view this as a positive signal, suggesting that a major institutional investor sees long-term value in Caterpillar, potentially reinforcing a 'buy and hold' strategy or further research into CAT's fundamentals.

Key Numbers

29,445,081 — Shares Beneficially Owned (Represents Capital World Investors' total ownership in Caterpillar Inc.)
5.9% — Percentage of Class (Indicates the significant portion of Caterpillar's common stock held by Capital World Investors.)
29,267,534 — Sole Voting Power Shares (Shows the number of shares Capital World Investors can vote independently.)
December 29, 2023 — Date of Event (The snapshot date for the reported ownership figures.)

Key Players & Entities

Capital World Investors (company) — the reporting person and institutional investor
Caterpillar Inc. (company) — the subject company whose shares are being reported
29,445,081 (dollar_amount) — number of shares beneficially owned by Capital World Investors
5.9% (dollar_amount) — percentage of Caterpillar's common stock owned by Capital World Investors
December 29, 2023 (date) — date of the event requiring the filing

Forward-Looking Statements

Caterpillar's stock price will remain relatively stable due to strong institutional backing. (Caterpillar Inc.) — medium confidence, target: Q2 2024
Capital World Investors will maintain a significant stake in Caterpillar, indicating long-term confidence. (Capital World Investors) — high confidence, target: End of 2024

FAQ

Who is the reporting person in this SC 13G/A filing?

The reporting person is Capital World Investors, with IRS Identification No. 95-1411037 and organized in Delaware, as stated on the cover page of the filing.

What is the subject company whose shares are being reported?

The subject company is Caterpillar Inc., identified by CIK 0000018230 and CUSIP Number 149123101, as detailed in the 'SUBJECT COMPANY' section and on the cover page.

How many shares of Caterpillar Inc. common stock does Capital World Investors beneficially own?

Capital World Investors beneficially owns 29,445,081 shares of Caterpillar Inc. common stock, as reported under 'SOLE DISPOSITIVE POWER' on the cover page.

What percentage of Caterpillar Inc.'s common stock does Capital World Investors own?

Capital World Investors owns 5.9% of Caterpillar Inc.'s common stock, as indicated in Item 13 on the cover page.

What was the date of the event that required this SC 13G/A filing?

The date of the event which required the filing of this statement was December 29, 2023, as specified on the first page of the Schedule 13G.

From the Filing

0001422848-24-000262.txt : 20240209 0001422848-24-000262.hdr.sgml : 20240209 20240209181903 ACCESSION NUMBER: 0001422848-24-000262 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240209 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CATERPILLAR INC CENTRAL INDEX KEY: 0000018230 STANDARD INDUSTRIAL CLASSIFICATION: CONSTRUCTION MACHINERY & EQUIP [3531] ORGANIZATION NAME: 06 Technology IRS NUMBER: 370602744 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-38237 FILM NUMBER: 24616789 BUSINESS ADDRESS: STREET 1: 5205 N. O'CONNOR BOULEVARD STREET 2: SUITE 100 CITY: IRVING STATE: TX ZIP: 75039 BUSINESS PHONE: 9728917700 MAIL ADDRESS: STREET 1: 5205 N. O'CONNOR BOULEVARD STREET 2: SUITE 100 CITY: IRVING STATE: TX ZIP: 75039 FORMER COMPANY: FORMER CONFORMED NAME: CATERPILLAR TRACTOR CO DATE OF NAME CHANGE: 19860623 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Capital World Investors CENTRAL INDEX KEY: 0001422849 ORGANIZATION NAME: IRS NUMBER: 951411037 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 333 SOUTH HOPE STREET STREET 2: 55TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90071 BUSINESS PHONE: 213-486-9200 MAIL ADDRESS: STREET 1: 333 SOUTH HOPE STREET STREET 2: 55TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90071 SC 13G/A 1 SEC13G_Filing.htm SEC SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1 ) * Caterpillar Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 149123101 (CUSIP Number) December 29, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes.) CUSIP No. 149123101 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Capital World Investors 95-1411037 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 29,267,534 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 29,445,081 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 29,445,081 Beneficial ownership disclaimed pursuant to Rule 13d-4 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.8% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer Caterpillar Inc. (b) Address of Issuer's Principal Executive Offices 5205 North O'Connor Boulevard, Suite 100, Irving, TX 75039 Item 2. (a) Name of Person Filing Capital World Investors (b) Address of Principal Business Office or, if None, Residence 333 SOUTH HOPE STREET, 55TH FLOOR, LOS ANGELES, CALIFORNIA 90071 (c) Citizenship N/A (d) Title of Class of Securities Common Stock (e) CUSIP Number 149123101 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in Section 3(a)(6) of the