Caterpillar Inc. $CAT Shares Acquired by Wedmont Private Capital

Wedmont Private Capital raised its holdings in Caterpillar Inc. (NYSE:CAT) by 11.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,171 shares of the industrial products company’s stock after purchasing an additional 1,159 shares during the quarter. Wedmont Private Capital’s holdings in Caterpillar were worth $8,634,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Intelligence Driven Advisers LLC increased its position in Caterpillar by 5.2% during the 3rd quarter. Intelligence Driven Advisers LLC now owns 568 shares of the industrial products company’s stock worth $461,000 after purchasing an additional 28 shares in the last quarter. Journey Retirement Planning & Investment Management LLC grew its stake in shares of Caterpillar by 53.3% during the third quarter. Journey Retirement Planning & Investment Management LLC now owns 736 shares of the industrial products company’s stock worth $597,000 after buying an additional 256 shares during the last quarter. Cadent Capital Advisors LLC grew its stake in shares of Caterpillar by 14.7% during the third quarter. Cadent Capital Advisors LLC now owns 2,532 shares of the industrial products company’s stock worth $2,053,000 after buying an additional 325 shares during the last quarter. Lawood & Co. acquired a new position in shares of Caterpillar during the third quarter worth $3,589,000. Finally, Insight Wealth Strategies LLC lifted its stake in shares of Caterpillar by 6.1% in the 3rd quarter. Insight Wealth Strategies LLC now owns 280 shares of the industrial products company’s stock valued at $227,000 after acquiring an additional 16 shares during the last quarter. 70.98% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

CAT has been the topic of a number of research reports. Wall Street Zen lowered Caterpillar from a “buy” rating to a “hold” rating in a research report on Saturday, September 26th. Needham & Company LLC set a $980.00 price target on Caterpillar in a report on Thursday, September 10th. Truist Financial lowered their price objective on Caterpillar from $1,225.00 to $1,100.00 and set a “buy” rating for the company in a research note on Monday. UBS Group raised their price objective on shares of Caterpillar from $900.00 to $925.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Caterpillar from $1,125.00 to $1,165.00 and gave the stock an “overweight” rating in a report on Wednesday, June 17th. Fifteen investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to data from MarketBeat.com, Caterpillar currently has a consensus rating of “Moderate Buy” and an average target price of $989.17.

Caterpillar Trading Up 0.9%

Shares of NYSE CAT traded up $7.36 during trading on Friday, reaching $803.53. The company had a trading volume of 779,736 shares, compared to its average volume of 2,810,120. The stock has a market cap of $369.36 billion, a P/E ratio of 34.53, a PEG ratio of 1.40 and a beta of 1.58. The company’s fifty day moving average price is $822.61 and its 200-day moving average price is $853.98. The company has a quick ratio of 0.85, a current ratio of 1.37 and a debt-to-equity ratio of 1.65. Caterpillar Inc. has a 12 month low of $491.30 and a 12 month high of $1,073.46.

Caterpillar (NYSE:CAT) last issued its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.22 by $1.95. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%.The company had revenue of $20.54 billion during the quarter, compared to the consensus estimate of $19.34 billion. During the same period last year, the company earned $4.72 earnings per share. The firm’s revenue was up 23.7% compared to the same quarter last year. As a group, research analysts expect that Caterpillar Inc. will post 27.5 earnings per share for the current year.

Insider Transactions at Caterpillar

In other news, CEO Joseph E. Creed sold 32,401 shares of the business’s 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 in the company, valued at approximately $27,954,303.90. The trade was a 48.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.33% of the company’s stock.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Volume growth is boosting sales expectations. Caterpillar’s higher equipment volumes contributed approximately $5.4 billion to first-half 2026 revenue, with Construction Industries, Resource Industries and Energy & Transportation all gaining momentum. The strength has prompted a more optimistic full-year outlook. Will Caterpillar’s Strong Volume Growth Keep Driving Sales Up in 2026?
• Positive Sentiment: Analysts continue to raise longer-term earnings estimates. Zacks Research increased its Q1 2028 EPS forecast to $8.14, Q2 2028 to $10.52 and full-year 2028 to $39.15 from $36.64, reinforcing expectations for continued earnings growth. The firm nevertheless maintains a “Hold” rating. Caterpillar analyst estimates
• Positive Sentiment: Construction-cycle and AI themes support the investment case. J.P. Morgan reportedly views Caterpillar as a major beneficiary of an extended U.S. construction cycle. Separately, the company’s use of artificial intelligence to improve industrial productivity without replacing workers could strengthen efficiency and competitiveness. Caterpillar Is the Market in a Single Stock
• Positive Sentiment: Expansion spending signals confidence in domestic demand. Caterpillar plans to invest $1 billion in a North Carolina manufacturing facility, potentially increasing capacity and supporting future U.S. production. Caterpillar to invest $1 billion in North Carolina manufacturing facility
• Neutral Sentiment: The Caterpillar Foundation’s recovery support for Nepal floods is positive for corporate reputation but is unlikely to materially affect near-term earnings. Caterpillar Foundation Provides Recovery Support for Nepal Floods
• Negative Sentiment: Higher Treasury yields have pressured industrial valuations. A sharp rise in long-term yields contributed to recent selling, while Caterpillar’s move below its 50-day moving average has increased near-term technical caution despite its backlog and earnings outlook. Caterpillar Stock Fell as Treasury Yields Hit 24-Year Highs
• Negative Sentiment: Truist lowered its Caterpillar price target from $1,225 to $1,100, potentially weighing on sentiment. In addition, FTC and USDA inquiries into the farm-equipment market create regulatory uncertainty for Caterpillar and Deere. Truist cuts target for Caterpillar stock

Caterpillar Company Profile

Caterpillar Inc is a global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Its products are used in infrastructure development, construction, mining, energy production, transportation, agriculture, forestry, and other industrial applications.

The company markets equipment and related services through a worldwide network of independent dealers. Its operations are generally organized around Construction Industries, Resource Industries, and Energy & Transportation.