CATERPILLAR INC

Ticker: CAT CUSIP: 149123101 Class: COM

Welch Group, LLC's Holding History (CIK: 0001443095)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 40,627 Value ($000) $23,274 Avg Close $555.50 Range $469.79 - $627.50

Q3 2025

Shares 40,697 Value ($000) $19,419 Avg Close $425.39 Range $381.75 - $483.95

Q2 2025

Shares 39,634 Value ($000) $15,386 Avg Close $330.84 Range $264.29 - $386.62

Q1 2025

Shares 37,970 Value ($000) $12,518 Avg Close $351.95 Range $315.09 - $404.98

Q4 2024

Shares 36,814 Value ($000) $13,364 Avg Close $381.74 Range $351.93 - $412.27

Q3 2024

Shares 36,111 Value ($000) $14,124 Avg Close $338.69 Range $301.40 - $389.91

Q2 2024

Shares 35,660 Value ($000) $11,878 Avg Close $338.69 Range $308.78 - $372.10

Q1 2024

Shares 34,949 Value ($000) $12,806 Avg Close $311.07 Range $268.51 - $357.70

Q4 2023

Shares 34,760 Value ($000) $10,278 Avg Close $251.22 Range $216.95 - $290.10

Q3 2023

Shares 34,761 Value ($000) $9,490 Avg Close $261.47 Range $229.25 - $283.47

Q2 2023

Shares 34,621 Value ($000) $8,519 Avg Close $213.76 Range $195.84 - $240.81

Q1 2023

Shares 33,351 Value ($000) $7,632 Avg Close $230.59 Range $201.84 - $253.98

Q4 2022

Shares 33,421 Value ($000) $8,006 Avg Close $206.59 Range $156.72 - $232.83

Q3 2022

Shares 33,036 Value ($000) $5,421 Avg Close $172.21 Range $151.58 - $189.11

Q2 2022

Shares 32,151 Value ($000) $5,747 Avg Close $197.29 Range $164.98 - $221.91

Q1 2022

Shares 31,412 Value ($000) $6,999 Avg Close $195.46 Range $167.60 - $214.37

Q4 2021

Shares 28,416 Value ($000) $5,875 Avg Close $186.69 Range $173.30 - $200.95

Q3 2021

Shares 26,132 Value ($000) $5,017 Avg Close $192.08 Range $172.62 - $206.58

Q2 2021

Shares 23,679 Value ($000) $5,153 Avg Close $211.85 Range $188.71 - $226.53

Q1 2021

Shares 22,423 Value ($000) $5,199 Avg Close $189.09 Range $163.90 - $217.37

Q4 2020

Shares 19,567 Value ($000) $3,562 Avg Close $153.98 Range $129.92 - $167.14

Q3 2020

Shares 18,017 Value ($000) $2,687 Avg Close $126.81 Range $112.24 - $141.22

Q2 2020

Shares 15,995 Value ($000) $2,023 Avg Close $106.19 Range $89.90 - $125.54

Q1 2020

Shares 15,469 Value ($000) $1,795 Avg Close $113.38 Range $77.78 - $132.89

Q4 2019

Shares 12,441 Value ($000) $1,837 Avg Close $123.01 Range $102.69 - $131.46

Q3 2019

Shares 12,456 Value ($000) $1,573 Avg Close $111.09 Range $97.87 - $122.22

Q2 2019

Shares 12,194 Value ($000) $1,662 Avg Close $114.70 Range $103.20 - $125.83

Q1 2019

Shares 11,076 Value ($000) $1,501 Avg Close $114.61 Range $103.38 - $123.15

Q4 2018

Shares 10,519 Value ($000) $1,337 Avg Close $111.50 Range $96.19 - $135.93

Q3 2018

Shares 10,523 Value ($000) $1,605 Avg Close $120.51 Range $110.40 - $134.53

Q2 2018

Shares 9,574 Value ($000) $1,299 Avg Close $126.53 Range $112.48 - $137.00

Q1 2018

Shares 9,407 Value ($000) $1,386 Avg Close $133.07 Range $120.49 - $146.01

Q4 2017

Shares 9,746 Value ($000) $1,536 Avg Close $116.31 Range $103.45 - $133.20

Q3 2017

Shares 8,418 Value ($000) $1,050 Avg Close $96.02 Range $87.71 - $104.79

Q2 2017

Shares 8,709 Value ($000) $936 Avg Close $84.05 Range $74.79 - $89.64

Q1 2017

Shares 8,235 Value ($000) $764 Avg Close $77.69 Range $74.24 - $81.74

Q4 2016

Shares 8,315 Value ($000) $771 Avg Close $73.74 Range $65.47 - $79.39

Q3 2016

Shares 8,376 Value ($000) $744 Avg Close $66.01 Range $58.78 - $71.89

Q2 2016

Shares 8,485 Value ($000) $643 Avg Close $59.82 Range $55.25 - $64.10

Q1 2016

Shares 9,606 Value ($000) $735 Avg Close $53.06 Range $44.66 - $61.22

Q4 2015

Shares 9,065 Value ($000) $616 Avg Close $54.58 Range $48.84 - $59.43

Q3 2015

Shares 9,642 Value ($000) $630 Avg Close $59.11 Range $48.76 - $65.71

Q2 2015

Shares 8,709 Value ($000) $739 Avg Close $65.86 Range $60.39 - $68.73

Q1 2015

Shares 8,709 Value ($000) $697 Avg Close $63.13 Range $59.48 - $69.69

Q4 2014

Shares 9,005 Value ($000) $824 Avg Close $73.34 Range $66.42 - $80.82

Q3 2014

Shares 8,882 Value ($000) $880 Avg Close $79.29 Range $73.57 - $83.32

Q2 2014

Shares 8,935 Value ($000) $971 Avg Close $78.02 Range $73.19 - $81.73

Q1 2014

Shares 9,007 Value ($000) $895 Avg Close $69.69 Range $63.53 - $74.44

Q4 2013

Shares 9,096 Value ($000) $826 Avg Close $62.67 Range $60.17 - $67.37

Q3 2013

Shares 9,681 Value ($000) $807 Avg Close $61.64 Range $58.99 - $64.50

Q2 2013

Shares 9,656 Value ($000) $797 Avg Close $61.55 Range $57.61 - $65.73

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	40,627	$23,274	$555.50	$469.79 - $627.50
Q3 2025	40,697	$19,419	$425.39	$381.75 - $483.95
Q2 2025	39,634	$15,386	$330.84	$264.29 - $386.62
Q1 2025	37,970	$12,518	$351.95	$315.09 - $404.98
Q4 2024	36,814	$13,364	$381.74	$351.93 - $412.27
Q3 2024	36,111	$14,124	$338.69	$301.40 - $389.91
Q2 2024	35,660	$11,878	$338.69	$308.78 - $372.10
Q1 2024	34,949	$12,806	$311.07	$268.51 - $357.70
Q4 2023	34,760	$10,278	$251.22	$216.95 - $290.10
Q3 2023	34,761	$9,490	$261.47	$229.25 - $283.47
Q2 2023	34,621	$8,519	$213.76	$195.84 - $240.81
Q1 2023	33,351	$7,632	$230.59	$201.84 - $253.98
Q4 2022	33,421	$8,006	$206.59	$156.72 - $232.83
Q3 2022	33,036	$5,421	$172.21	$151.58 - $189.11
Q2 2022	32,151	$5,747	$197.29	$164.98 - $221.91
Q1 2022	31,412	$6,999	$195.46	$167.60 - $214.37
Q4 2021	28,416	$5,875	$186.69	$173.30 - $200.95
Q3 2021	26,132	$5,017	$192.08	$172.62 - $206.58
Q2 2021	23,679	$5,153	$211.85	$188.71 - $226.53
Q1 2021	22,423	$5,199	$189.09	$163.90 - $217.37
Q4 2020	19,567	$3,562	$153.98	$129.92 - $167.14
Q3 2020	18,017	$2,687	$126.81	$112.24 - $141.22
Q2 2020	15,995	$2,023	$106.19	$89.90 - $125.54
Q1 2020	15,469	$1,795	$113.38	$77.78 - $132.89
Q4 2019	12,441	$1,837	$123.01	$102.69 - $131.46
Q3 2019	12,456	$1,573	$111.09	$97.87 - $122.22
Q2 2019	12,194	$1,662	$114.70	$103.20 - $125.83
Q1 2019	11,076	$1,501	$114.61	$103.38 - $123.15
Q4 2018	10,519	$1,337	$111.50	$96.19 - $135.93
Q3 2018	10,523	$1,605	$120.51	$110.40 - $134.53
Q2 2018	9,574	$1,299	$126.53	$112.48 - $137.00
Q1 2018	9,407	$1,386	$133.07	$120.49 - $146.01
Q4 2017	9,746	$1,536	$116.31	$103.45 - $133.20
Q3 2017	8,418	$1,050	$96.02	$87.71 - $104.79
Q2 2017	8,709	$936	$84.05	$74.79 - $89.64
Q1 2017	8,235	$764	$77.69	$74.24 - $81.74
Q4 2016	8,315	$771	$73.74	$65.47 - $79.39
Q3 2016	8,376	$744	$66.01	$58.78 - $71.89
Q2 2016	8,485	$643	$59.82	$55.25 - $64.10
Q1 2016	9,606	$735	$53.06	$44.66 - $61.22
Q4 2015	9,065	$616	$54.58	$48.84 - $59.43
Q3 2015	9,642	$630	$59.11	$48.76 - $65.71
Q2 2015	8,709	$739	$65.86	$60.39 - $68.73
Q1 2015	8,709	$697	$63.13	$59.48 - $69.69
Q4 2014	9,005	$824	$73.34	$66.42 - $80.82
Q3 2014	8,882	$880	$79.29	$73.57 - $83.32
Q2 2014	8,935	$971	$78.02	$73.19 - $81.73
Q1 2014	9,007	$895	$69.69	$63.53 - $74.44
Q4 2013	9,096	$826	$62.67	$60.17 - $67.37
Q3 2013	9,681	$807	$61.64	$58.99 - $64.50
Q2 2013	9,656	$797	$61.55	$57.61 - $65.73