Caterpillar Inc. $CAT Shares Bought by Courier Capital LLC

Courier Capital LLC increased its position in shares of Caterpillar Inc. (NYSE:CAT) by 29.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,962 shares of the industrial products company’s stock after purchasing an additional 1,801 shares during the period. Caterpillar accounts for about 1.2% of Courier Capital LLC’s investment portfolio, making the stock its 24th largest holding. Courier Capital LLC’s holdings in Caterpillar were worth $6,456,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Downshift Financial LLC raised its position in Caterpillar by 12.6% in the third quarter. Downshift Financial LLC now owns 205 shares of the industrial products company’s stock worth $165,000 after acquiring an additional 23 shares in the last quarter. Ring Mountain Capital LLC lifted its holdings in Caterpillar by 5.1% in the 3rd quarter. Ring Mountain Capital LLC now owns 997 shares of the industrial products company’s stock valued at $808,000 after acquiring an additional 48 shares during the last quarter. Jericho Financial LLP grew its stake in shares of Caterpillar by 0.6% in the 3rd quarter. Jericho Financial LLP now owns 9,709 shares of the industrial products company’s stock worth $7,872,000 after purchasing an additional 60 shares during the last quarter. Sax Wealth Advisors LLC lifted its stake in Caterpillar by 24.4% during the third quarter. Sax Wealth Advisors LLC now owns 5,430 shares of the industrial products company’s stock valued at $4,403,000 after purchasing an additional 1,066 shares during the last quarter. Finally, Grove Street Fiduciary LLC lifted its stake in Caterpillar by 327.4% during the third quarter. Grove Street Fiduciary LLC now owns 1,171 shares of the industrial products company’s stock valued at $949,000 after purchasing an additional 897 shares during the last quarter. 70.98% of the stock is currently owned by institutional investors and hedge funds.

Caterpillar Trading Down 3.4%

Shares of NYSE:CAT traded down $26.95 during mid-day trading on Tuesday, hitting $772.42. The stock had a trading volume of 3,599,812 shares, compared to its average volume of 2,814,800. The company’s 50 day moving average is $821.64 and its 200-day moving average is $855.26. Caterpillar Inc. has a 12-month low of $499.01 and a 12-month high of $1,073.46. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 1.37. The company has a market cap of $355.06 billion, a PE ratio of 33.24, a P/E/G ratio of 1.38 and a beta of 1.58.

Caterpillar (NYSE:CAT) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.22 by $1.95. The company had revenue of $20.54 billion for the quarter, compared to the consensus estimate of $19.34 billion. Caterpillar had a net margin of 14.51% and a return on equity of 55.53%. The company’s revenue was up 23.7% on a year-over-year basis. During the same period in the previous year, the business earned $4.72 EPS. On average, sell-side analysts predict that Caterpillar Inc. will post 27.49 EPS for the current year.

Insider Buying and Selling at Caterpillar

In other news, CEO Joseph E. Creed sold 32,401 shares of Caterpillar stock in a transaction on Friday, August 28th. The stock was sold at an average price of $808.98, for a total transaction of $26,211,760.98. Following the transaction, the chief executive officer owned 34,555 shares in the company, valued at approximately $27,954,303.90. The trade was a 48.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.33% of the company’s stock.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar announced a planned $1 billion U.S. investment in compact construction equipment, supporting domestic manufacturing capacity and potentially strengthening its long-term position in construction markets. Caterpillar announces $1B US compact equipment investment
• Positive Sentiment: Caterpillar continues to be viewed as a dividend-paying way to gain exposure to AI-related infrastructure spending, including data-center construction and power generation. 3 Dividend Paying Stocks Offering AI Exposure
• Neutral Sentiment: First-half 2026 revenue reportedly increased 23% to approximately $38 billion, helped by infrastructure and data-center demand. However, higher dealer inventories raise questions about how much future growth may come from restocking versus underlying end-market demand. Caterpillar (CAT): Can Earnings Keep Growing After Dealers Stop Restocking?
• Negative Sentiment: Citi and Truist reportedly lowered their price targets, while Caterpillar’s move below key technical support has intensified selling pressure and raised concerns about further downside. Caterpillar stock drops below key support as Citi, Truist slashes target
• Negative Sentiment: The market’s premium valuation for Caterpillar’s data-center power business is unwinding, with investors rotating toward peers such as Deere and questioning whether AI-related infrastructure demand can justify previous expectations. Caterpillar Sinks 5% as Deere Edges Higher
• Negative Sentiment: Caterpillar’s weakness was also cited as a contributor to the Dow’s decline, adding broader market pressure to the stock’s company-specific concerns. Johnson & Johnson, Caterpillar share losses contribute to Dow’s fall

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. President Capital initiated coverage on shares of Caterpillar in a research report on Friday, September 18th. They issued a “buy” rating and a $999.00 price target on the stock. Erste Group Bank lowered Caterpillar from a “buy” rating to a “hold” rating in a research note on Monday, July 27th. DA Davidson upped their target price on Caterpillar from $845.00 to $882.00 and gave the company a “neutral” rating in a report on Thursday, August 6th. Freedom Broker upgraded Caterpillar from a “hold” rating to a “buy” rating and set a $980.00 price target for the company in a research report on Thursday, September 10th. Finally, Royal Bank Of Canada lifted their price target on Caterpillar from $877.00 to $897.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 5th. Fifteen analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $982.92.

Caterpillar Profile

Caterpillar Inc is a global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Its products are used in infrastructure development, construction, mining, energy production, transportation, agriculture, forestry, and other industrial applications.

The company markets equipment and related services through a worldwide network of independent dealers. Its operations are generally organized around Construction Industries, Resource Industries, and Energy & Transportation.