Foster Group Inc. Has $2.68 Million Stake in Caterpillar Inc. $CAT

Foster Group Inc. grew its stake in shares of Caterpillar Inc. (NYSE:CAT) by 44.9% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,520 shares of the industrial products company’s stock after buying an additional 781 shares during the quarter. Foster Group Inc.’s holdings in Caterpillar were worth $2,683,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Pacific Point Advisors LLC acquired a new position in shares of Caterpillar in the fourth quarter valued at approximately $579,000. Brighton Jones LLC increased its position in Caterpillar by 51.5% in the 4th quarter. Brighton Jones LLC now owns 7,409 shares of the industrial products company’s stock valued at $2,688,000 after acquiring an additional 2,519 shares during the period. United Bank raised its stake in shares of Caterpillar by 108.5% during the second quarter. United Bank now owns 4,083 shares of the industrial products company’s stock valued at $1,585,000 after acquiring an additional 2,125 shares during the last quarter. Schnieders Capital Management LLC. increased its holdings in Caterpillar by 3.9% in the second quarter. Schnieders Capital Management LLC. now owns 9,147 shares of the industrial products company’s stock valued at $3,551,000 after purchasing an additional 347 shares during the period. Finally, Alliancebernstein L.P. lifted its holdings in Caterpillar by 6.5% during the 2nd quarter. Alliancebernstein L.P. now owns 572,165 shares of the industrial products company’s stock worth $222,120,000 after buying an additional 34,846 shares during the period. Institutional investors and hedge funds own 70.98% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Erste Group Bank downgraded Caterpillar from a “buy” rating to a “hold” rating in a research report on Monday, July 27th. Sanford C. Bernstein restated a “market perform” rating and set a $1,002.00 price target on shares of Caterpillar in a report on Wednesday. Daiwa Securities Group upped their price objective on shares of Caterpillar from $790.00 to $900.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Caterpillar in a research report on Friday, May 8th. Finally, Royal Bank Of Canada lifted their price objective on Caterpillar from $877.00 to $897.00 and gave the stock a “sector perform” rating in a research report on Wednesday. Thirteen equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat, Caterpillar presently has an average rating of “Moderate Buy” and an average price target of $989.00.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Record results exceeded expectations: Second-quarter sales and revenue rose 24% year over year to a record $20.5 billion, while adjusted earnings reached $8.17 per share versus analyst estimates near $6.22. The quarter was Caterpillar’s first with revenue above $20 billion. Caterpillar Reports Second-Quarter 2026 Results
• Positive Sentiment: AI infrastructure is driving demand: Caterpillar’s power and energy segment generated approximately $8.2 billion in sales and more segment profit than construction equipment, benefiting from data-center construction and demand for power-generation equipment. Caterpillar Now Makes Almost as Much Selling Power as It Does Selling Construction Equipment
• Positive Sentiment: Outlook and backlog improved: Management raised its 2026 sales-growth forecast to the mid-to-high teens from the prior low-double-digit range. A record backlog above $72 billion, stronger demand across segments and additional power capacity point to continued second-half growth. CAT Q2 Earnings Call Focuses on Backlog and Capacity Growth
• Positive Sentiment: Shareholder returns remain supportive: Caterpillar deployed $2.2 billion for share repurchases and dividends during the quarter. Truist also raised its price target to $1,225 and maintained a Buy rating. Truist price target update
• Neutral Sentiment: The strong report initially prompted a major rally and helped lift the Dow, but the shares have since surrendered part of that advance as investors assess whether AI-related demand can remain durable.
• Negative Sentiment: Valuation risk is significant: CAT trades at more than 30 times forward earnings, with a free-cash-flow yield of roughly 3.2%. That leaves limited margin for execution mistakes or a slowdown in data-center spending, increasing the risk of medium-term mean reversion. Caterpillar: You Can’t Avoid the Cycle, But You Can Price It

Insider Activity at Caterpillar

In other Caterpillar news, insider Denise C. Johnson sold 12,605 shares of the stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $907.91, for a total transaction of $11,444,205.55. Following the completion of the transaction, the insider directly owned 49,825 shares of the company’s stock, valued at approximately $45,236,615.75. This represents a 20.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO William E. Schaupp sold 360 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $906.00, for a total value of $326,160.00. Following the transaction, the chief accounting officer directly owned 530 shares in the company, valued at $480,180. This represents a 40.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 35,444 shares of company stock worth $32,335,679. 0.33% of the stock is owned by company insiders.

Caterpillar Stock Down 0.5%

CAT opened at $872.02 on Thursday. Caterpillar Inc. has a fifty-two week low of $405.46 and a fifty-two week high of $1,073.46. The company has a debt-to-equity ratio of 1.65, a current ratio of 1.37 and a quick ratio of 0.81. The company’s 50-day moving average is $922.16 and its 200 day moving average is $817.47. The firm has a market capitalization of $401.64 billion, a P/E ratio of 37.52, a PEG ratio of 1.72 and a beta of 1.60.

Caterpillar (NYSE:CAT) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $8.17 EPS for the quarter, topping the consensus estimate of $6.22 by $1.95. The firm had revenue of $20.54 billion for the quarter, compared to analysts’ expectations of $19.34 billion. Caterpillar had a net margin of 14.51% and a return on equity of 55.53%. The company’s quarterly revenue was up 23.7% compared to the same quarter last year. During the same quarter last year, the firm earned $4.72 EPS. Research analysts expect that Caterpillar Inc. will post 24.87 earnings per share for the current fiscal year.

Caterpillar Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Monday, July 20th will be paid a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Monday, July 20th. This is a positive change from Caterpillar’s previous quarterly dividend of $1.51. Caterpillar’s dividend payout ratio (DPR) is presently 32.45%.

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.