Plancorp LLC Acquires 1,351 Shares of Caterpillar Inc. $CAT

Plancorp LLC increased its holdings in Caterpillar Inc. (NYSE:CAT) by 37.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 4,921 shares of the industrial products company’s stock after purchasing an additional 1,351 shares during the period. Plancorp LLC’s holdings in Caterpillar were worth $3,990,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. BlackRock Inc. acquired a new position in Caterpillar during the 2nd quarter worth about $40,457,153,000. State Street Corp increased its stake in shares of Caterpillar by 4.0% in the second quarter. State Street Corp now owns 36,276,960 shares of the industrial products company’s stock valued at $37,120,529,000 after buying an additional 1,396,356 shares during the period. Bank of America Corp DE bought a new position in shares of Caterpillar during the second quarter worth about $5,818,150,000. Bank of New York Mellon Corp bought a new position in shares of Caterpillar during the second quarter worth about $3,192,710,000. Finally, Legal & General Group Plc acquired a new position in shares of Caterpillar in the second quarter worth approximately $2,783,451,000. 70.98% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Strong results and backlog support the outlook. Caterpillar’s third-quarter earnings beat estimates, while its $78.1 billion backlog, stronger cash flow and expanding margins point to solid demand. The company is also expanding capacity to meet power-generation demand. Article: CAT Shares Fall Despite Q3 Earnings Beat
• Neutral Sentiment: Upcoming investor event. Construction Industries Group President Rod Shurman is scheduled to take part in a Bernstein-hosted fireside chat on Nov. 17; no new financial guidance was announced. Article: Caterpillar executive to participate in Bernstein fireside chat
• Negative Sentiment: AI-trade selling and valuation concerns weigh on the stock. Investors have been selling Caterpillar alongside other industrial companies amid worries that AI-related investment could slow. The market increasingly treats CAT as a data-center power play, exposing it to shifts in sentiment even though power generation accounted for about 15% of 2025 sales. Article: AI selloff spreads to industrials
• Negative Sentiment: Execution and cyclical risks remain. Reports cite orders falling, dealers trimming inventories, and tariffs, manufacturing costs and production constraints pressuring margins. Morgan Stanley also cut its price target by 26% after earnings, highlighting the risk of a cyclical test despite the backlog. Article: Morgan Stanley cuts Caterpillar price target

Insider Activity at Caterpillar

In related news, CEO Joseph Creed sold 32,401 shares of the stock in a transaction on Friday, August 28th. The shares were sold at an average price of $808.98, for a total transaction of $26,211,760.98. Following the transaction, the chief executive officer directly owned 34,555 shares of the company’s stock, valued at $27,954,303.90. This represents a 48.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director James C. Fish, Jr. purchased 1,000 shares of Caterpillar stock in a transaction on Monday, November 2nd. The stock was bought at an average price of $620.39 per share, with a total value of $620,390.00. Following the completion of the acquisition, the director directly owned 4,714 shares of the company’s stock, valued at approximately $2,924,518.46. This trade represents a 26.93% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.33% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on CAT. Sanford C. Bernstein reiterated a “market perform” rating and issued a $749.00 target price on shares of Caterpillar in a report on Wednesday, October 14th. Truist Financial restated a “buy” rating and set a $1,027.00 price target (down from $1,100.00) on shares of Caterpillar in a report on Friday, October 30th. JPMorgan Chase & Co. dropped their price target on shares of Caterpillar from $1,100.00 to $1,000.00 and set an “overweight” rating on the stock in a research report on Friday, October 30th. UBS Group reduced their price objective on shares of Caterpillar from $925.00 to $750.00 and set a “neutral” rating on the stock in a research note on Monday, October 26th. Finally, Weiss Ratings cut shares of Caterpillar from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, October 29th. Fifteen research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $898.25.

Caterpillar Trading Up 1.0%

Shares of Caterpillar stock traded up $5.68 on Friday, hitting $559.32. 4,786,353 shares of the company’s stock traded hands, compared to its average volume of 3,287,856. Caterpillar Inc. has a one year low of $537.08 and a one year high of $1,073.46. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.42 and a quick ratio of 0.88. The company has a fifty day moving average of $760.19 and a two-hundred day moving average of $806.23. The company has a market capitalization of $257.10 billion, a price-to-earnings ratio of 21.94, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65.

Caterpillar (NYSE:CAT) last released its earnings results on Thursday, October 29th. The industrial products company reported $7.20 EPS for the quarter, topping the consensus estimate of $7.06 by $0.14. The business had revenue of $20.68 billion during the quarter, compared to analysts’ expectations of $20.76 billion. Caterpillar had a return on equity of 59.87% and a net margin of 15.21%. The firm’s revenue was up 17.3% on a year-over-year basis. During the same quarter last year, the firm posted $4.95 earnings per share. As a group, sell-side analysts expect that Caterpillar Inc. will post 27.62 earnings per share for the current year.

Caterpillar Dividend Announcement

The business 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 of this dividend is Monday, October 26th. This represents a $6.52 annualized dividend and a dividend yield of 1.2%. Caterpillar’s dividend payout ratio (DPR) is 25.58%.

Caterpillar Company Profile

Caterpillar Inc is a global manufacturer of construction and mining equipment, engines, turbines, and related products and services. Its offerings include earthmoving and material-handling machines, diesel and natural gas engines, power-generation systems, and equipment and technologies used in mining and transportation. The company’s products are commonly sold under the Cat brand.

Caterpillar serves customers in markets around the world through a network of independent dealers. Its businesses also provide parts, maintenance, equipment rental, and other support services, as well as financing and insurance through its financial services operations.

The company was formed in 1925 through the merger of the Holt Manufacturing Company and the C.