$1,760,000 of CATERPILLAR INC lobbying was just disclosed, from Q4 of 2024, in a new Lobbying Disclosure Act filing.
This included lobbying on issues like:
"Issues related to interest deductibility (No bill number); General discussions related to corporate and international tax issues and OECD negotiations on the taxation of global income including IRC 11, 951A, 250 on the taxation of domestic and global income. (No bill number); Issues related to bonus depreciation (HR 7024, Tax Relief for American Families and Workers Act of 2024, Sec.203); Issues related to IRC 174 and full expensing of R&E expenditures (HR 7024, Tax Relief for American Families and Workers Act of 2024, Sec.201); Discussions regarding extension of the Investment Tax Credit for combined heat and power system property (Sec 48 ITC) and implementation of tax credits related to combined heat and power systems and waste heat recovery, including qualifying combined heat and power systems under the section 45Y and 48E tax credits. (Section 13001; P.L. 117-169); Discussions regarding implementation of the Qualified Commercial Clean Vehicle (QCCV) tax credit under the Inflation Reduction Act (Section 13403; P.L. 117-169). General discussions around Permitting Reform (no bill number); General discussions around the DOE pause on approvals of LNG Export terminals (no bill number); General discussion related to US government support for energy infrastructure in Ukraine (No bill number). Discussions re: implementation of the Infrastructure Investment and Jobs Act (issues related to surface transportation funding and infrastructure investments; PL: 117-58); General discussions about Highway Trust Fund and surface transportation reauthorization (no specific bill); Discussions regarding the Water Resources Development Act - H.R. 8812 (entire bill); General discussions on implementation of FAA Reauthorization Act (PL: 118-63) - Sec. 768. Discussions regarding Right to Repair efforts (H.R. 906 - Right to Equitable and Professional Auto Industry Repair Act) (entire bill); General discussions on patent reform legislation: PREVAIL Act (S. 2220, H.R. 4370) and Patent Eligibility Restoration Act of 2023 (S.2140) - entire bills; Discussions regarding automotive right to repair efforts (H.R. 906 - Right to Equitable and Professional Auto Industry Repair Act; entire bill); (H.R.8070 - Servicemember Quality of Life Improvement and National Defense Authorization Act for Fiscal Year 2025; Sec. 857) (S.4638 - National Defense Authorization Act for Fiscal Year 2025; Sec. 828). General discussions and briefings on ocean shipping, port operations and logistical environment (no bill number). Discussions regarding workforce challenges in the manufacturing and construction industries (H.R. 6655 - A Stronger Workforce for America Act, H.R. 6585 - Bipartisan Workforce Pell Act, H.R. 1477 - Freedom to Invest in Tomorrows Workforce Act) (entire bill for each). General discussions related to the Diesel Emissions Reduction Act reauthorization (H.R. 5444) (entire bill). General discussions regarding ongoing industry issue of product theft from shipping containers on railroads. (no specific bill). General discussions related to U.S. trade policy, market access issues and digital trade policy (no bill number). Discussions regarding the Miscellaneous Tariff Bill (H.R. 8398 - Miscellaneous Tariff Bill Reform Act) (entire bill)."
You can find more data on corporate lobbying on Quiver Quantitative.
CAT Congressional Stock Trading
Members of Congress have traded $CAT stock 3 times in the past 6 months. Of those trades, 2 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $CAT stock by members of Congress over the last 6 months:
- REPRESENTATIVE MARJORIE TAYLOR GREENE has traded it 2 times. They made 2 purchases worth up to $30,000 on 12/24, 10/21 and 0 sales.
- REPRESENTATIVE WILLIAM R. KEATING sold up to $15,000 on 09/11.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
CAT Insider Trading Activity
CAT insiders have traded $CAT stock on the open market 18 times in the past 6 months. Of those trades, 2 have been purchases and 16 have been sales.
Here’s a breakdown of recent trading of $CAT stock by insiders over the last 6 months:
- ANDREW R J BONFIELD (Chief Financial Officer) has made 0 purchases and 5 sales selling 20,000 shares for an estimated $7,854,459.
- ANTHONY D. FASSINO (Group President) has made 0 purchases and 3 sales selling 14,973 shares for an estimated $5,942,426.
- LANGE BOB DE (Group President) has made 0 purchases and 3 sales selling 12,657 shares for an estimated $5,192,561.
- CHERYL H JOHNSON (Chief Human Resources Officer) has made 0 purchases and 2 sales selling 5,639 shares for an estimated $2,028,107.
- DANIEL M DICKINSON sold 1,300 shares for an estimated $543,400
- WILLIAM E SCHAUPP (Chief Accounting Officer) sold 968 shares for an estimated $368,788
- GERALD JOHNSON has made 2 purchases buying 200 shares for an estimated $73,716 and 0 sales.
- SUSAN C SCHWAB sold 2 shares for an estimated $766
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
CAT Hedge Fund Activity
We have seen 1,206 institutional investors add shares of CAT stock to their portfolio, and 1,157 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC removed 2,131,226 shares (-99.7%) from their portfolio in Q4 2024, for an estimated $773,123,543
- CITIGROUP INC added 1,898,758 shares (+254.1%) to their portfolio in Q3 2024, for an estimated $742,642,228
- CAPITAL WORLD INVESTORS removed 1,804,277 shares (-9.4%) from their portfolio in Q3 2024, for an estimated $705,688,820
- BANK OF AMERICA CORP /DE/ added 1,191,587 shares (+25.0%) to their portfolio in Q3 2024, for an estimated $466,053,507
- LAZARD ASSET MANAGEMENT LLC removed 967,173 shares (-93.8%) from their portfolio in Q3 2024, for an estimated $378,280,703
- BLACKROCK, INC. removed 801,865 shares (-2.2%) from their portfolio in Q3 2024, for an estimated $313,625,438
- JPMORGAN CHASE & CO added 634,615 shares (+29.1%) to their portfolio in Q3 2024, for an estimated $248,210,618
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
