Caterpillar Inc. $CAT Stock Bought by Investment Partners LTD.

Investment Partners LTD. lifted its holdings in shares of Caterpillar Inc. (NYSE:CAT) by 46.0% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 4,972 shares of the industrial products company’s stock after acquiring an additional 1,566 shares during the period. Investment Partners LTD.’s holdings in Caterpillar were worth $4,030,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. BlackRock Inc. bought a new stake in Caterpillar during the 2nd quarter valued at $40,457,153,000. Bank of America Corp DE bought a new position in shares of Caterpillar in the second quarter worth $5,818,150,000. Bank of New York Mellon Corp bought a new position in shares of Caterpillar in the second quarter worth $3,192,710,000. Legal & General Group Plc acquired a new position in shares of Caterpillar during the second quarter valued at $2,783,451,000. Finally, Ascentis Wealth Management LLC increased its holdings in shares of Caterpillar by 110,539.0% during the second quarter. Ascentis Wealth Management LLC now owns 2,518,143 shares of the industrial products company’s stock valued at $2,711,772,000 after purchasing an additional 2,515,867 shares during the period. 70.98% of the stock is owned by institutional investors.

Caterpillar Trading Down 3.8%

Shares of Caterpillar stock opened at $622.73 on Friday. The company has a quick ratio of 0.85, a current ratio of 1.42 and a debt-to-equity ratio of 1.50. The firm has a market cap of $286.25 billion, a price-to-earnings ratio of 24.43, a price-to-earnings-growth ratio of 1.07 and a beta of 1.58. The business has a fifty day simple moving average of $783.25 and a 200-day simple moving average of $807.52. Caterpillar Inc. has a fifty-two week low of $537.08 and a fifty-two week high of $1,073.46.

Caterpillar (NYSE:CAT) last announced its earnings results on Thursday, October 29th. The industrial products company reported $7.20 earnings per share for the quarter, beating the consensus estimate of $7.06 by $0.14. Caterpillar had a return on equity of 59.87% and a net margin of 15.21%. The business had revenue of $20.68 billion during the quarter, compared to analysts’ expectations of $20.76 billion. During the same quarter last year, the business posted $4.95 earnings per share. The company’s quarterly revenue was up 17.3% on a year-over-year basis. On average, equities analysts forecast that Caterpillar Inc. will post 27.75 EPS for the current fiscal year.

Caterpillar Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 19th. Stockholders of record on Monday, October 26th will be given a dividend of $1.63 per share. The ex-dividend date is Monday, October 26th. This represents a $6.52 annualized dividend and a dividend yield of 1.0%. Caterpillar’s dividend payout ratio (DPR) is 25.58%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. President Capital began coverage on shares of Caterpillar in a research note on Friday, September 18th. They set a “buy” rating and a $999.00 price objective on the stock. Royal Bank Of Canada lowered their target price on shares of Caterpillar from $897.00 to $722.00 and set a “sector perform” rating on the stock in a research note on Friday. Needham & Company LLC set a $980.00 price target on shares of Caterpillar in a research report on Thursday, September 10th. Robert W. Baird set a $970.00 price target on shares of Caterpillar in a research note on Wednesday, August 5th. Finally, Citigroup decreased their price objective on shares of Caterpillar from $950.00 to $800.00 and set a “buy” rating for the company in a report on Friday. Fifteen research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $913.96.

Insider Activity

In other news, CEO Joseph E. Creed sold 32,401 shares of Caterpillar stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $808.98, for a total value of $26,211,760.98. Following the transaction, the chief executive officer owned 34,555 shares of the company’s stock, valued at $27,954,303.90. The trade was a 48.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 0.33% of the stock is owned by corporate insiders.

Key Headlines Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar reported third-quarter sales and revenues of approximately $20.7 billion, up 17% year over year, while adjusted earnings per share of $7.20 exceeded the $7.06 consensus estimate. Power-generation sales increased 30%, helped by data-center demand, and the company reported a record $78.1 billion backlog. Caterpillar Reports Third-Quarter 2026 Results
• Positive Sentiment: Truist Financial reaffirmed its “buy” rating, while Citigroup maintained a “buy” rating despite lowering its price target to $800. Both targets remain above the current trading level, suggesting some analysts see substantial long-term upside.
• Neutral Sentiment: Bank of America said Caterpillar’s earnings power remains intact, and analysts expect revenue and EPS growth as the backlog converts. However, the backlog may extend into 2029–2030, meaning investors could wait longer for the full financial benefit.
• Negative Sentiment: Management left its annual growth outlook unchanged and indicated only “moderate” fourth-quarter revenue growth. Investors had expected a stronger forecast or an upgrade, so the unchanged guidance overshadowed the earnings beat. Caterpillar Tops Quarterly Profit View
• Negative Sentiment: Revenue came in slightly below consensus, while tariff expenses and rising inventories added to concerns about costs, demand timing and near-term margins.
• Negative Sentiment: Several firms reduced their targets: Morgan Stanley cut its target to $675 and rated CAT “equal weight,” RBC lowered its target to $722 with a “sector perform” rating, and Truist reduced its target to $1,027. These cuts reinforce concerns that the stock’s premium valuation had become difficult to justify without faster growth.

About Caterpillar

Caterpillar Inc is a manufacturer of construction, mining, and industrial equipment. Its product portfolio includes excavators, bulldozers, wheel loaders, motor graders, articulated trucks, and other machinery used in construction, infrastructure development, mining, quarrying, forestry, and related industries. The company also produces diesel and natural gas engines, industrial gas turbines, generator sets, and other power-generation and transportation equipment.

Caterpillar operates through businesses focused on construction industries, resource industries, and energy and transportation.