Core Insights - Institutional investors are showing strong confidence in Caterpillar Inc. (CAT), highlighting its robust earnings power, pricing discipline, and infrastructure exposure [1] - Caterpillar continues to attract long-term value investors due to its position as a bellwether for global economic activity, offering durable cash flows and shareholder returns [1] Institutional Moves - Fisher Asset Management, led by Ken Fisher, increased its stake by 208,196 shares, bringing total holdings to 9,418,321 shares valued at $3.66 billion, indicating confidence in Caterpillar's margin sustainability and dividend growth [2] - Gotham Asset Management, under Joel Greenblatt, raised its position by nearly 30%, adding 28,614 shares for a total of 97,913 shares valued at $0.04 billion, reflecting confidence in Caterpillar's valuation and capital-return program [3] - AQR Capital Management, managed by Cliff Asness, modestly increased its stake by 21,979 shares to 103,957 shares valued at $0.04 billion, maintaining exposure to a leader benefiting from infrastructure demand [4] - Grantham, Mayo, Van Otterloo & Co., led by Jeremy Grantham, slightly increased its position by 618 shares to 12,854 shares, aligning with a strategy of adding to established industrial franchises at reasonable valuations [5] - Markel Group, under Tom Gayner, added 600 shares to reach a total of 328,650 shares valued at $0.13 billion, reinforcing a long-term focus on high-quality compounders with steady free cash flow [6] - GAMCO Investors, led by Mario Gabelli, made a small increase of 4 shares to 683 shares, keeping Caterpillar on the radar as a cyclical recovery and buyback beneficiary [7] - Point72 Asset Management, managed by Steve Cohen, initiated a new position with 81,351 shares valued at $0.03 billion, likely to capture near-term upside amid strong equipment demand [8] Overall Sentiment - The collective moves by these institutional investors underscore broad confidence in Caterpillar's earnings durability and capital discipline, solidifying its status as a core industrial holding among top investors [8]