Caterpillar Inc. $CAT Stock Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC reduced its stake in shares of Caterpillar Inc. (NYSE:CAT) by 2.0% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 159,571 shares of the industrial products company’s stock after selling 3,255 shares during the quarter. Caterpillar accounts for approximately 0.4% of Nisa Investment Advisors LLC’s investment portfolio, making the stock its 21st biggest holding. Nisa Investment Advisors LLC’s holdings in Caterpillar were worth $129,379,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Integrated Advisors Network LLC raised its stake in Caterpillar by 1.0% in the 3rd quarter. Integrated Advisors Network LLC now owns 42,088 shares of the industrial products company’s stock worth $34,125,000 after acquiring an additional 418 shares during the last quarter. Taylor Securities Services Inc. lifted its position in Caterpillar by 12.7% during the 3rd quarter. Taylor Securities Services Inc. now owns 885 shares of the industrial products company’s stock worth $718,000 after acquiring an additional 100 shares during the period. Harfst & Associates Inc. grew its stake in Caterpillar by 1,330.9% during the 3rd quarter. Harfst & Associates Inc. now owns 41,567 shares of the industrial products company’s stock valued at $33,702,000 after purchasing an additional 38,662 shares during the last quarter. Oath Planning LLC purchased a new stake in Caterpillar during the 3rd quarter valued at about $516,000. Finally, Robeco Institutional Asset Management B.V. grew its stake in Caterpillar by 23.0% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 219,176 shares of the industrial products company’s stock valued at $177,706,000 after purchasing an additional 41,055 shares during the last quarter. 70.98% of the stock is owned by hedge funds and other institutional investors.

Caterpillar Stock Performance

NYSE CAT opened at $725.27 on Wednesday. The firm has a market capitalization of $333.38 billion, a P/E ratio of 31.21, a PEG ratio of 1.25 and a beta of 1.58. The stock has a 50-day simple moving average of $807.63 and a two-hundred day simple moving average of $856.77. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 1.37. Caterpillar Inc. has a fifty-two week low of $510.21 and a fifty-two week high of $1,073.46.

Caterpillar (NYSE:CAT) last issued its earnings results on Tuesday, August 4th. The industrial products company reported $8.17 EPS for the quarter, topping analysts’ consensus estimates of $6.22 by $1.95. The firm had revenue of $20.54 billion for the quarter, compared to the consensus estimate of $19.34 billion. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%. The company’s revenue was up 23.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.72 earnings per share. On average, equities analysts forecast that Caterpillar Inc. will post 27.49 earnings per share for the current year.

Caterpillar Announces Dividend

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

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar received a Zacks Rank upgrade to #2 (Buy), reflecting increased optimism about its earnings outlook. That could provide support to the shares, although the upgrade is based on a quantitative ranking rather than a major change in company fundamentals. Caterpillar rating upgrade article
• Positive Sentiment: Caterpillar is investing $10 million to expand its North Carolina workforce and manufacturing presence. The investment signals confidence in regional production demand and could support long-term growth, though it is unlikely to materially affect near-term earnings. Caterpillar North Carolina investment article
• Neutral Sentiment: Analyst coverage remains broadly favorable, with Wall Street’s average recommendation suggesting CAT is suitable for portfolios. However, the report cautions that sell-side recommendations can be overly optimistic, limiting the signal’s value for investors. Caterpillar analyst recommendation article
• Neutral Sentiment: A comparison with W.W. Grainger and other industrial-products companies provides context on CAT’s year-to-date performance, but does not introduce a new company-specific catalyst. Caterpillar peer performance article
• Negative Sentiment: Caterpillar formally objected to the unauthorized tokenized trading of its shares on the OKX-ICE venue, citing regulatory and reputational risks. The dispute may create headline risk and reinforces concerns about how CAT stock is represented in unregistered digital-asset markets. Caterpillar tokenized shares article

Insider Buying and Selling

In other Caterpillar news, CEO Joseph E. Creed sold 32,401 shares of the company’s stock in a transaction that occurred on 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 sale, the chief executive officer owned 34,555 shares in the company, valued at approximately $27,954,303.90. This represents a 48.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.33% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on CAT shares. Royal Bank Of Canada raised their price objective on Caterpillar from $877.00 to $897.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 5th. President Capital started coverage on Caterpillar in a report on Friday, September 18th. They set a “buy” rating and a $999.00 target price for the company. DA Davidson upped their target price on Caterpillar from $845.00 to $882.00 and gave the company a “neutral” rating in a research report on Thursday, August 6th. Erste Group Bank downgraded shares of Caterpillar from a “buy” rating to a “hold” rating in a report on Monday, July 27th. Finally, Oppenheimer reduced their price target on shares of Caterpillar from $1,118.00 to $1,009.00 and set an “outperform” rating for the company in a research report on Wednesday, October 14th. Fifteen equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Caterpillar presently has an average rating of “Moderate Buy” and an average price target of $967.83.

About Caterpillar

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.