NewEdge Advisors LLC Has $152.36 Million Position in Caterpillar Inc. $CAT

NewEdge Advisors LLC cut its stake in Caterpillar Inc. (NYSE:CAT) by 8.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 215,064 shares of the industrial products company’s stock after selling 18,595 shares during the quarter. NewEdge Advisors LLC’s holdings in Caterpillar were worth $152,364,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Blue Edge Capital LLC grew its stake in Caterpillar by 4.1% in the 1st quarter. Blue Edge Capital LLC now owns 13,657 shares of the industrial products company’s stock valued at $9,675,000 after buying an additional 541 shares during the last quarter. First Nebraska Trust Co acquired a new stake in Caterpillar during the first quarter worth approximately $901,000. Flagship Wealth Advisors LLC lifted its position in Caterpillar by 82.5% during the first quarter. Flagship Wealth Advisors LLC now owns 73 shares of the industrial products company’s stock worth $52,000 after acquiring an additional 33 shares during the last quarter. Foguth Wealth Management LLC. boosted its holdings in shares of Caterpillar by 68.5% during the first quarter. Foguth Wealth Management LLC. now owns 750 shares of the industrial products company’s stock worth $531,000 after acquiring an additional 305 shares during the period. Finally, Financial Solutions Advisory Group Inc. acquired a new position in shares of Caterpillar in the first quarter valued at approximately $439,000. Institutional investors own 70.98% of the company’s stock.

Analysts Set New Price Targets

CAT has been the subject of several research reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Caterpillar in a report on Friday, May 8th. Citigroup increased their price objective on Caterpillar from $1,020.00 to $1,100.00 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. Evercore reissued an “outperform” rating and set a $1,103.00 target price on shares of Caterpillar in a report on Monday, May 11th. Oppenheimer restated an “outperform” rating and issued a $1,118.00 price target on shares of Caterpillar in a research note on Tuesday. Finally, DA Davidson raised their price target on shares of Caterpillar from $650.00 to $845.00 and gave the stock a “neutral” rating in a research report on Monday, May 4th. Thirteen analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $989.00.

Key Stories Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Record results exceeded expectations: Second-quarter sales and revenue rose 24% year over year to a record $20.5 billion, while adjusted earnings reached $8.17 per share versus analyst estimates near $6.22. The quarter was Caterpillar’s first with revenue above $20 billion. Caterpillar Reports Second-Quarter 2026 Results
• Positive Sentiment: AI infrastructure is driving demand: Caterpillar’s power and energy segment generated approximately $8.2 billion in sales and more segment profit than construction equipment, benefiting from data-center construction and demand for power-generation equipment. Caterpillar Now Makes Almost as Much Selling Power as It Does Selling Construction Equipment
• Positive Sentiment: Outlook and backlog improved: Management raised its 2026 sales-growth forecast to the mid-to-high teens from the prior low-double-digit range. A record backlog above $72 billion, stronger demand across segments and additional power capacity point to continued second-half growth. CAT Q2 Earnings Call Focuses on Backlog and Capacity Growth
• Positive Sentiment: Shareholder returns remain supportive: Caterpillar deployed $2.2 billion for share repurchases and dividends during the quarter. Truist also raised its price target to $1,225 and maintained a Buy rating. Truist price target update
• Neutral Sentiment: The strong report initially prompted a major rally and helped lift the Dow, but the shares have since surrendered part of that advance as investors assess whether AI-related demand can remain durable.
• Negative Sentiment: Valuation risk is significant: CAT trades at more than 30 times forward earnings, with a free-cash-flow yield of roughly 3.2%. That leaves limited margin for execution mistakes or a slowdown in data-center spending, increasing the risk of medium-term mean reversion. Caterpillar: You Can’t Avoid the Cycle, But You Can Price It

Caterpillar Price Performance

Caterpillar stock opened at $872.02 on Thursday. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.81 and a current ratio of 1.37. Caterpillar Inc. has a 52 week low of $405.46 and a 52 week high of $1,073.46. The stock has a market capitalization of $401.64 billion, a P/E ratio of 37.52, a price-to-earnings-growth ratio of 1.72 and a beta of 1.60. The stock has a fifty day moving average of $922.16 and a 200-day moving average of $817.47.

Caterpillar (NYSE:CAT) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share for the quarter, beating the consensus estimate of $6.22 by $1.95. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%.The business had revenue of $20.54 billion for the quarter, compared to analyst estimates of $19.34 billion. During the same period last year, the firm posted $4.72 earnings per share. Caterpillar’s revenue was up 23.7% compared to the same quarter last year. On average, sell-side analysts expect that Caterpillar Inc. will post 24.87 earnings per share for the current fiscal year.

Caterpillar Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Monday, July 20th will be paid a dividend of $1.63 per share. The ex-dividend date of this dividend is Monday, July 20th. This is a boost from Caterpillar’s previous quarterly dividend of $1.51. This represents a $6.52 dividend on an annualized basis and a dividend yield of 0.7%. Caterpillar’s payout ratio is presently 32.45%.

Insiders Place Their Bets

In other Caterpillar news, insider Anthony D. Fassino sold 16,283 shares of the company’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $916.80, for a total value of $14,928,254.40. Following the completion of the transaction, the insider owned 46,041 shares of the company’s stock, valued at $42,210,388.80. This represents a 26.13% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO William E. Schaupp sold 360 shares of the business’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $906.00, for a total value of $326,160.00. Following the sale, the chief accounting officer owned 530 shares in the company, valued at approximately $480,180. This trade represents a 40.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 35,444 shares of company stock valued at $32,335,679 in the last 90 days. Corporate insiders own 0.33% of the company’s stock.

Caterpillar Profile

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.