Caterpillar (NYSE:CAT) Price Target Raised to $765.00 at JPMorgan Chase & Co.

Caterpillar (NYSE:CAT) had its price target raised by analysts at JPMorgan Chase & Co. from $740.00 to $765.00 in a report issued on Friday,MarketScreener reports. The firm presently has an “overweight” rating on the industrial products company’s stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 14.73% from the stock’s current price.

A number of other equities analysts have also issued reports on CAT. Rothschild & Co Redburn raised their target price on Caterpillar from $420.00 to $650.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 21st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Caterpillar in a research report on Monday, December 29th. Hsbc Global Res raised Caterpillar from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 6th. DA Davidson upped their price target on shares of Caterpillar from $408.00 to $569.00 and gave the company a “neutral” rating in a research report on Monday, November 3rd. Finally, Bank of America raised their price target on Caterpillar from $708.00 to $735.00 and gave the company a “buy” rating in a report on Friday. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $664.76.

Caterpillar Stock Performance

Shares of NYSE CAT traded up $1.57 during midday trading on Friday, hitting $666.81. 270,937 shares of the stock traded hands, compared to its average volume of 2,361,558. The firm has a 50-day moving average of $602.18 and a two-hundred day moving average of $517.31. Caterpillar has a one year low of $267.30 and a one year high of $679.99. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.86 and a current ratio of 1.38. The firm has a market capitalization of $312.05 billion, a P/E ratio of 34.52, a PEG ratio of 2.48 and a beta of 1.57.

Caterpillar (NYSE:CAT) last issued its earnings results on Thursday, January 29th. The industrial products company reported $5.16 earnings per share for the quarter, topping the consensus estimate of $4.67 by $0.49. Caterpillar had a net margin of 14.34% and a return on equity of 47.16%. The company had revenue of $19.13 billion during the quarter, compared to the consensus estimate of $17.81 billion. During the same quarter in the prior year, the firm posted $5.14 EPS. Caterpillar’s quarterly revenue was up 17.9% compared to the same quarter last year. On average, equities analysts forecast that Caterpillar will post 19.86 EPS for the current fiscal year.

Insider Buying and Selling at Caterpillar

In other news, insider Anthony D. Fassino sold 8,184 shares of the company’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $570.18, for a total value of $4,666,353.12. Following the transaction, the insider directly owned 41,512 shares of the company’s stock, valued at approximately $23,669,312.16. This represents a 16.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Andrew R. J. Bonfield sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, December 31st. The shares were sold at an average price of $575.06, for a total value of $5,750,600.00. Following the transaction, the chief financial officer owned 45,460 shares in the company, valued at approximately $26,142,227.60. This trade represents a 18.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 54,729 shares of company stock valued at $31,084,308. 0.33% of the stock is currently owned by insiders.

Institutional Trading of Caterpillar

A number of large investors have recently bought and sold shares of the stock. Valeo Financial Advisors LLC grew its holdings in Caterpillar by 36,842.1% during the second quarter. Valeo Financial Advisors LLC now owns 7,299,751 shares of the industrial products company’s stock valued at $2,833,836,000 after purchasing an additional 7,279,991 shares during the period. Norges Bank acquired a new stake in shares of Caterpillar in the second quarter valued at about $2,165,899,000. Wellington Management Group LLP lifted its stake in Caterpillar by 3,949.8% in the third quarter. Wellington Management Group LLP now owns 5,228,058 shares of the industrial products company’s stock valued at $2,494,568,000 after acquiring an additional 5,098,964 shares during the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Caterpillar by 1,851.8% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,830,414 shares of the industrial products company’s stock worth $873,382,000 after acquiring an additional 1,736,631 shares during the last quarter. Finally, Marshall Wace LLP boosted its holdings in shares of Caterpillar by 425.2% during the 2nd quarter. Marshall Wace LLP now owns 761,800 shares of the industrial products company’s stock worth $295,738,000 after buying an additional 616,739 shares during the period. 70.98% of the stock is currently owned by institutional investors.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar reported better-than-expected Q4 results — adjusted EPS $5.16 vs. $4.67 est. and record quarterly revenue of ~$19.1B, driven by higher equipment volumes; management provided slide deck and call materials. Caterpillar Reports Fourth-Quarter and Full-Year 2025 Results
• Positive Sentiment: Surging demand from hyperscale AI/data-center builds boosted sales of power-generation equipment (generators/engines) and was repeatedly cited on the earnings call as a structural growth driver. Caterpillar Says AI Data-Center Boom Continues to Drive Growth — Update
• Positive Sentiment: Bank of America raised its price target to $735 and set a Buy rating, signaling analyst conviction and potential upside (~10% from the referenced price). Benzinga
• Positive Sentiment: Strategic alliance announced to supply ~2 GW of fast-response generator capacity for a hyperscale AI campus — a multi-year, high-visibility revenue and delivery cadence that supports power segment growth. American Intelligence & Power Forms Strategic Alliance with Caterpillar
• Neutral Sentiment: Conference call and full earnings transcripts are available (useful for parsing management commentary on backlog, geographic capex and margins). Caterpillar Q4 2025 Earnings Call Transcript
• Negative Sentiment: Caterpillar warned of an estimated $2.6B tariff impact in 2026, which management says will pressure margins and could offset some revenue gains. Caterpillar flags $2.6 billion tariff hit in 2026
• Negative Sentiment: Analysts and company commentary note that higher tariffs and input costs are squeezing profit margins despite revenue growth — watch margins and tariff mitigation plans in upcoming guidance. Caterpillar Says Higher Tariffs Impacted Profit Margins

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.