Nordea cuts Caterpillar stake by nearly 30% amid mixed analyst outlooks and strong recent earnings.

Nordea Investment Management AB reduced its holdings in Caterpillar Inc. by 29.9% in Q4, selling 115,370 shares and holding 271,038 shares worth $156 million. Despite this, Caterpillar reported strong Q4 earnings surpassing estimates, with revenue up 17.9% year-over-year and a solid return on equity of 45.76%. Analysts remain mostly positive, raising price targets and earnings forecasts, though some caution about valuation after a recent 100% stock rally. Institutional ownership remains high at nearly 71%, and insider selling has occurred but represents a small portion of total shares. Investors should watch for how these mixed signals impact Caterpillar's stock performance going forward.