Total Clarity Wealth Management Inc. Sells 837 Shares of Caterpillar Inc. $CAT

Total Clarity Wealth Management Inc. reduced its holdings in Caterpillar Inc. (NYSE:CAT) by 19.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,552 shares of the industrial products company’s stock after selling 837 shares during the quarter. Total Clarity Wealth Management Inc.’s holdings in Caterpillar were worth $2,880,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Diversify Advisory Services LLC bought a new position in Caterpillar during the 2nd quarter valued at about $5,372,000. D.B. Root & Company LLC acquired a new position in Caterpillar in the second quarter valued at about $850,000. Dearborn Partners LLC bought a new stake in Caterpillar during the second quarter worth about $20,293,000. B. Metzler seel. Sohn & Co. AG grew its stake in 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 buying an additional 2,590 shares during the last quarter. Finally, Van Hulzen Asset Management LLC increased 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 buying an additional 1,293 shares in the last quarter. 70.98% of the stock is currently owned by institutional investors.

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Strong backlog and AI-related demand: Caterpillar’s power-generation equipment is benefiting from data-center and artificial-intelligence infrastructure spending. The company reportedly has a record $72 billion backlog, with orders extending through 2030, supporting a favorable long-term growth outlook. Learn Why The Bull Case For Caterpillar Could Change Following AI Power Demand
• Positive Sentiment: Upcoming earnings catalyst: Analysts expect another quarter of revenue and earnings growth when Caterpillar reports on October 29. A recent estimate increase from Erste Group adds to the positive pre-earnings sentiment. Erste Group Bank Raises Earnings Estimates for Caterpillar
• Positive Sentiment: Shareholder returns and capacity expansion: Caterpillar confirmed a $1.63 quarterly dividend payable November 19 and is investing approximately $1 billion in North Carolina to expand compact-equipment manufacturing. These developments reinforce the company’s income appeal and capacity to serve demand. Caterpillar vs. Deere: Which Heavy Equipment Dividend Is Growing Faster?
• Neutral Sentiment: Leadership transition: Resource Industries head Denise Johnson plans to retire in early 2027, with Derrick York named as her successor. The planned handoff provides continuity, although investors may monitor execution in the mining business. Caterpillar Taps Derrick York as Denise Johnson Sets Early 2027 Retirement
• Negative Sentiment: Tariff and legal risks: Rising tariffs could pressure Caterpillar’s margins, while the company is pursuing a significant legal challenge involving the United Kingdom’s post-Brexit tariffs. The outcome could affect costs and trade flexibility. Caterpillar Mounts Landmark Legal Test of UK’s Post-Brexit Tariffs

Caterpillar Stock Performance

CAT opened at $714.14 on Wednesday. Caterpillar Inc. has a 1-year low of $521.67 and a 1-year high of $1,073.46. The firm has a 50-day moving average price of $792.99 and a two-hundred day moving average price of $806.88.

Caterpillar (NYSE:CAT) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.22 by $1.95. The firm had revenue of $20.54 billion for the quarter, compared to analyst estimates of $19.34 billion. The company’s revenue was up 23.7% compared to the same quarter last year. During the same period last year, the company earned $4.72 EPS. As a group, equities research analysts predict that Caterpillar Inc. will post 27.74 earnings per share for the current year.

Caterpillar Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Stockholders of record on Monday, October 26th will be given a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Monday, October 26th.

Analyst Ratings Changes

A number of research analysts have recently issued reports on CAT shares. Freedom Broker upgraded shares of Caterpillar from a “hold” rating to a “buy” rating and set a $980.00 target price for the company in a research note on Thursday, September 10th. Citigroup decreased their price target on Caterpillar from $1,100.00 to $950.00 and set a “buy” rating on the stock in a research report on Monday, October 12th. UBS Group dropped their price target on Caterpillar from $925.00 to $750.00 and set a “neutral” rating for the company in a report on Monday. Sanford C. Bernstein reiterated a “market perform” rating and issued a $749.00 price objective on shares of Caterpillar in a research report on Wednesday, October 14th. Finally, Erste Group Bank downgraded Caterpillar from a “buy” rating to a “hold” rating in a research report on Monday, July 27th. Fifteen investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. According to data from MarketBeat, Caterpillar currently has an average rating of “Moderate Buy” and a consensus target price of $947.42.

Insider Activity at Caterpillar

In related news, CEO Joseph E. Creed sold 32,401 shares of Caterpillar stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $808.98, for a total transaction of $26,211,760.98. Following the transaction, the chief executive officer owned 34,555 shares of the company’s stock, valued at $27,954,303.90. This trade represents a 48.39% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.33% of the stock is currently owned by company insiders.

Caterpillar Company 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.