Oregon Public Employees Retirement Fund Increases Holdings in Caterpillar Inc. $CAT

Oregon Public Employees Retirement Fund boosted its position in Caterpillar Inc. (NYSE:CAT) by 31.7% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 53,510 shares of the industrial products company’s stock after purchasing an additional 12,881 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Caterpillar were worth $25,532,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Joseph Group Capital Management purchased a new stake in shares of Caterpillar in the 3rd quarter valued at $32,000. Kilter Group LLC bought a new stake in Caterpillar in the second quarter worth $27,000. Mid American Wealth Advisory Group Inc. purchased a new stake in Caterpillar during the second quarter valued at about $28,000. Family Legacy Financial Solutions LLC bought a new position in shares of Caterpillar during the second quarter valued at about $32,000. Finally, RiverPark Advisors LLC purchased a new position in shares of Caterpillar in the second quarter worth about $32,000. 70.98% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on CAT. UBS Group raised their price target on Caterpillar from $506.00 to $581.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 4th. Hsbc Global Res raised shares of Caterpillar from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 6th. Bank of America upped their price target on shares of Caterpillar from $594.00 to $650.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Evercore ISI raised their price target on shares of Caterpillar from $476.00 to $630.00 and gave the stock an “outperform” rating in a report on Monday, November 17th. Finally, Wolfe Research upped their price objective on shares of Caterpillar from $470.00 to $670.00 and gave the company an “outperform” rating in a research note on Friday, January 2nd. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $618.70.

Caterpillar Price Performance

Shares of CAT stock opened at $608.82 on Friday. The business’s fifty day moving average is $578.52 and its 200 day moving average is $491.35. The company has a quick ratio of 0.86, a current ratio of 1.38 and a debt-to-equity ratio of 1.34. The stock has a market cap of $284.91 billion, a price-to-earnings ratio of 31.25, a PEG ratio of 2.32 and a beta of 1.57. Caterpillar Inc. has a twelve month low of $267.30 and a twelve month high of $627.50.

Caterpillar (NYSE:CAT) last announced its earnings results on Monday, November 3rd. The industrial products company reported $4.95 EPS for the quarter, beating analysts’ consensus estimates of $4.52 by $0.43. The firm had revenue of $17.64 billion for the quarter, compared to analysts’ expectations of $16.72 billion. Caterpillar had a net margin of 14.34% and a return on equity of 47.16%. The company’s quarterly revenue was up 9.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $5.17 EPS. Research analysts expect that Caterpillar Inc. will post 19.86 EPS for the current fiscal year.

Caterpillar Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 19th. Shareholders of record on Tuesday, January 20th will be issued a $1.51 dividend. This represents a $6.04 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Tuesday, January 20th. Caterpillar’s dividend payout ratio is 31.01%.

Insider Buying and Selling at Caterpillar

In other news, insider Lange Bob De sold 14,638 shares of the business’s stock in a transaction that occurred on Wednesday, November 5th. The stock was sold at an average price of $562.36, for a total value of $8,231,825.68. Following the sale, the insider directly owned 80,209 shares of the company’s stock, valued at $45,106,333.24. The trade was a 15.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Andrew R. J. Bonfield sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 31st. The stock was sold at an average price of $575.06, for a total value of $5,750,600.00. Following the completion of the sale, the chief financial officer owned 45,460 shares in the company, valued at $26,142,227.60. The trade was a 18.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 54,729 shares of company stock valued at $31,084,308. 0.33% of the stock is currently owned by company insiders.

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Zacks Research raised earnings estimates across multiple upcoming quarters and lifted FY2026 EPS materially (to $21.01 from $20.01). Higher analyst EPS forecasts support stronger forward earnings visibility and help justify the stock’s rally.
• Positive Sentiment: Caterpillar expanded its strategic collaboration with NVIDIA to embed AI, autonomy and edge computing across machines, factories and supply chains — a move that could create new software, services and recurring‑revenue opportunities and improve equipment productivity. PR Newswire: Caterpillar Teams With NVIDIA
• Positive Sentiment: At CES Caterpillar unveiled the Cat AI assistant and previewed autonomous/intelligent construction machines, plus a $25M workforce/innovation pledge — product demos that signal a clear path to differentiation and potential margin/aftermarket upside. Caterpillar Press Release: Next Era of Autonomy
• Neutral Sentiment: Options volume spiked unusually high, indicating elevated trader interest and short‑term volatility risk — this can amplify moves but doesn’t change the underlying fundamentals. AmericanBankingNews: Options Volume
• Neutral Sentiment: Media coverage (features on CES demos, strategy pieces) is raising investor attention; useful for sentiment but not an immediate earnings driver. Zacks: Investor Attention
• Negative Sentiment: Policy risk: articles note that prior tariff support boosted domestic demand for Cat equipment; a potential rollback of tariffs would remove that tailwind and could weigh on near‑term demand. 247WallSt: Tariff Takedown Threat

Caterpillar Company Profile

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.