Caterpillar Inc. $CAT Stock: Robertson Stephens Wealth Management LLC Raises Holdings

Robertson Stephens Wealth Management LLC raised its holdings in shares of Caterpillar Inc. (NYSE:CAT) by 3.1% in the 3rd quarter, HoldingsChannel reports. The fund owned 23,260 shares of the industrial products company’s stock after buying an additional 696 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in Caterpillar were worth $18,859,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Diversify Advisory Services LLC acquired a new stake in Caterpillar during the 2nd quarter worth $5,372,000. D.B. Root & Company LLC acquired a new position in Caterpillar in the second quarter valued at $850,000. Dearborn Partners LLC purchased a new position in shares of Caterpillar during the second quarter worth about $20,293,000. B. Metzler seel. Sohn & Co. AG grew its holdings in shares of Caterpillar by 4.3% during the second quarter. B. Metzler seel. Sohn & Co. AG now owns 62,731 shares of the industrial products company’s stock worth $66,802,000 after purchasing an additional 2,590 shares during the last quarter. Finally, Van Hulzen Asset Management LLC grew its holdings in shares of Caterpillar by 85.3% during the second quarter. Van Hulzen Asset Management LLC now owns 2,809 shares of the industrial products company’s stock worth $2,991,000 after purchasing an additional 1,293 shares during the last quarter. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar will invest up to $10 million in North Carolina workforce training, supporting technicians and manufacturing workers as it expands its Sanford operations. The investment complements a previously announced roughly $1 billion facility investment intended to increase compact-equipment production. Caterpillar Invests in North Carolina’s Future Manufacturing Workforce
• Positive Sentiment: The acquisition of the Fabick CAT dealer network could strengthen Caterpillar’s distribution and customer-support footprint, although financial terms and the transaction’s earnings impact were not provided. Caterpillar acquires Fabick Cat dealer network
• Neutral Sentiment: Caterpillar scheduled its third-quarter 2026 results for October 29, giving investors a near-term catalyst to assess demand, margins and guidance. Caterpillar Third-Quarter 2026 Results Announcement
• Neutral Sentiment: Resource Industries President Denise Johnson will retire in February 2027, with Derrick York appointed as her successor effective November 1. Johnson will remain in an advisory role during the transition, limiting immediate disruption concerns. Caterpillar Announces Leadership Transition in Resource Industries
• Negative Sentiment: An analyst downgrade pressured the stock, while Oppenheimer issued a pessimistic forecast. These actions reinforce concerns about Caterpillar’s valuation and future earnings outlook. Caterpillar Shares Down on Analyst Downgrade
• Negative Sentiment: A broader unwind in the AI-related power trade also weighed on Caterpillar, as investors reassessed companies expected to benefit from data-center electricity demand. Comparisons with Generac highlighted differences in backlog, valuation and financial strength. AI Power Trade Unwinds

Insider Activity

In related news, CEO Joseph E. Creed sold 32,401 shares of the business’s stock in a transaction dated Friday, August 28th. The stock was 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 in the company, valued at $27,954,303.90. The trade was a 48.39% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.33% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on CAT. DA Davidson boosted 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. Wells Fargo & Company raised their price target on Caterpillar from $1,050.00 to $1,155.00 and gave the stock an “overweight” rating in a research note on Tuesday, June 23rd. Truist Financial dropped their price target on Caterpillar from $1,225.00 to $1,100.00 and set a “buy” rating on the stock in a research note on Monday, October 5th. Barclays lifted their price target on Caterpillar from $800.00 to $900.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 6th. Finally, Zacks Research cut Caterpillar from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. Fifteen investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $967.83.

Caterpillar Trading Down 0.8%

Shares of Caterpillar stock opened at $730.01 on Friday. Caterpillar Inc. has a 1 year low of $510.21 and a 1 year 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 capitalization of $335.57 billion, a P/E ratio of 31.41, a PEG ratio of 1.26 and a beta of 1.58. The company’s fifty day moving average is $812.24 and its two-hundred day moving average is $855.37.

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

Caterpillar Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Monday, October 26th will be issued a dividend of $1.63 per share. The ex-dividend date of this dividend is Monday, October 26th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 0.9%. Caterpillar’s dividend payout ratio (DPR) is currently 28.06%.

Caterpillar Profile

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.