Caterpillar (NYSE:CAT – Get Free Report) had its price objective increased by equities research analysts at Daiwa Securities Group from $790.00 to $900.00 in a research note issued on Friday,MarketScreener reports. The firm presently has a “neutral” rating on the industrial products company’s stock. Daiwa Securities Group’s price target indicates a potential upside of 0.16% from the company’s current price.
Other analysts have also issued research reports about the company. Rothschild & Co Redburn increased their price objective on Caterpillar from $650.00 to $700.00 and gave the company a “neutral” rating in a research note on Wednesday, February 4th. Argus upped their price target on shares of Caterpillar from $625.00 to $820.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. JPMorgan Chase & Co. raised their price target on shares of Caterpillar from $765.00 to $860.00 and gave the stock an “overweight” rating in a report on Wednesday, March 4th. Jefferies Financial Group boosted their price objective on shares of Caterpillar from $825.00 to $900.00 and gave the company a “buy” rating in a research report on Wednesday, April 15th. Finally, DA Davidson upped their price objective on shares of Caterpillar from $569.00 to $650.00 and gave the company a “neutral” rating in a research note on Monday, February 2nd. Sixteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, Caterpillar currently has an average rating of “Moderate Buy” and an average target price of $849.27.
Caterpillar Stock Up 0.9%
Caterpillar (NYSE:CAT – Get Free Report) last issued its earnings results on Thursday, April 30th. The industrial products company reported $5.54 earnings per share for the quarter, beating the consensus estimate of $4.65 by $0.89. Caterpillar had a return on equity of 45.76% and a net margin of 13.14%.The company had revenue of $17.42 billion during the quarter, compared to analysts’ expectations of $16.53 billion. During the same period in the prior year, the business posted $4.25 EPS. Caterpillar’s quarterly revenue was up 22.2% compared to the same quarter last year. On average, equities analysts anticipate that Caterpillar will post 22.89 earnings per share for the current year.
Insider Buying and Selling
In other news, insider Denise C. Johnson sold 39,138 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $681.08, for a total value of $26,656,109.04. Following the completion of the transaction, the insider owned 43,350 shares of the company’s stock, valued at approximately $29,524,818. This represents a 47.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Rodney Michael Shurman sold 2,278 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $759.61, for a total value of $1,730,391.58. Following the completion of the transaction, the insider owned 1,443 shares of the company’s stock, valued at approximately $1,096,117.23. The trade was a 61.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 125,950 shares of company stock valued at $88,577,390 over the last quarter. 0.33% of the stock is currently owned by insiders.
Hedge Funds Weigh In On Caterpillar
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Lam Group Inc. bought a new position in shares of Caterpillar in the 1st quarter worth about $26,000. Torren Management LLC bought a new stake in Caterpillar during the fourth quarter worth about $27,000. Marquette Asset Management LLC grew its holdings in Caterpillar by 1,060.0% in the third quarter. Marquette Asset Management LLC now owns 58 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 53 shares during the period. Frazier Financial Advisors LLC increased its stake in shares of Caterpillar by 220.0% during the fourth quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 33 shares in the last quarter. Finally, IFS Advisors LLC purchased a new position in shares of Caterpillar during the fourth quarter valued at approximately $31,000. Hedge funds and other institutional investors own 70.98% of the company’s stock.
Trending Headlines about Caterpillar
Here are the key news stories impacting Caterpillar this week:
- Positive Sentiment: Q1 beat and raise — Caterpillar reported stronger-than-expected Q1 results (adj. EPS $5.54; revenue $17.4B, +22% y/y), deployed $5.7B to buybacks/dividends, and lifted its annual/long-term revenue outlook, giving investors confidence in near-term growth and cash returns. Caterpillar Reports First-Quarter 2026 Results
- Positive Sentiment: AI-driven power demand — Management and reporters highlight a boom in demand for power and energy equipment tied to AI/data-center buildouts, which is expanding Caterpillar’s addressable market for generators and power systems and underpins the raised outlook. Caterpillar expects AI-driven demand for power, construction to fuel growth
- Positive Sentiment: Record backlog and sector leadership — Reports note a record backlog in power and construction segments, helping drive the stock to all-time highs as investors price in sustained revenue visibility. Caterpillar stock jumps on record backlog…
- Positive Sentiment: New multi-year power deal — A framework agreement with ProPetro’s PROPWR to supply up to 2.1 GW of power capacity through 2031/2032 expands recurring power equipment demand and strengthens exposure to data-center and industrial power projects. Caterpillar Taps PROPWR And Data Centers For New Power Growth
- Positive Sentiment: Analyst upgrade — Baird analyst Mig Dobre made CAT a fresh bullish pick and raised his price target to $1,165 (Street-high), adding momentum from the sell-side that can attract further buyer interest. Caterpillar Stock Can Rise Another 30%
- Neutral Sentiment: Market and ETF flows — ETFs and Dow-related flows have amplified CAT’s move after the earnings surprise, raising liquidity and volatility around the stock. ETFs tied to Caterpillar jump…
- Neutral Sentiment: Investor events — Company announced a virtual annual shareholder meeting for June 10; routine corporate governance item with limited near-term price impact. Caterpillar Announces Virtual 2026 Shareholder Meeting
- Negative Sentiment: Tariff pressure — Multiple reports note Caterpillar expects significant tariff costs in 2026; higher input/transport tariffs could weigh on margins and offset some benefits from pricing and volume. Caterpillar expecting significant tariff costs again for 2026
About Caterpillar
Caterpillar Inc is a global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and locomotives. The company’s product portfolio includes earthmoving machines such as excavators, bulldozers, wheel loaders and off?highway trucks, as well as a range of power generation products including generator sets and power systems for industrial and commercial use. Caterpillar serves customers across heavy construction, mining, energy, transportation and related industries with both equipment and integrated technology solutions.
In addition to manufacturing, Caterpillar provides a broad range of aftermarket parts and support services, including maintenance, repair, remanufacturing and fleet management tools.
See Also
Receive News & Ratings for Caterpillar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Caterpillar and related companies with MarketBeat.com's FREE daily email newsletter.
