Caterpillar Inc. $CAT Holdings Boosted by Vise Technologies Inc.

Vise Technologies Inc. increased its stake in shares of Caterpillar Inc. (NYSE:CAT) by 5.4% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 46,615 shares of the industrial products company’s stock after buying an additional 2,378 shares during the quarter. Vise Technologies Inc.’s holdings in Caterpillar were worth $37,795,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. BlackRock Inc. bought a new position in shares of Caterpillar during the 2nd quarter valued at $40,457,153,000. State Street Corp boosted its position in Caterpillar by 4.0% in the second quarter. State Street Corp now owns 36,276,960 shares of the industrial products company’s stock worth $37,120,529,000 after purchasing an additional 1,396,356 shares during the last quarter. Bank of America Corp DE bought a new stake in Caterpillar during the 2nd quarter worth approximately $5,818,150,000. Bank of New York Mellon Corp purchased a new position in Caterpillar during the second quarter valued at $3,192,710,000. Finally, Legal & General Group Plc bought a new position in shares of Caterpillar in the 2nd quarter valued at about $2,783,451,000. 70.98% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have issued reports on CAT. Needham & Company LLC set a $980.00 price target on shares of Caterpillar in a report on Thursday, September 10th. Wall Street Zen lowered Caterpillar from a “buy” rating to a “hold” rating in a report on Saturday. Weiss Ratings downgraded shares of Caterpillar from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday. DA Davidson increased their price objective on Caterpillar from $845.00 to $882.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. Finally, JPMorgan Chase & Co. reduced their price target on Caterpillar from $1,100.00 to $1,000.00 and set an “overweight” rating on the stock in a research report on Friday. Fifteen equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Caterpillar currently has an average rating of “Moderate Buy” and a consensus target price of $913.96.

Insider Activity at Caterpillar

In other news, CEO Joseph E. Creed sold 32,401 shares of Caterpillar 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 directly owned 34,555 shares in the company, valued at approximately $27,954,303.90. This trade represents a 48.39% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.33% of the company’s stock.

Key Stories Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar reported third-quarter sales and revenues of approximately $20.7 billion, up 17% year over year, while adjusted earnings per share of $7.20 exceeded the $7.06 consensus estimate. Power-generation sales increased 30%, helped by data-center demand, and the company reported a record $78.1 billion backlog. Caterpillar Reports Third-Quarter 2026 Results
• Positive Sentiment: Truist Financial reaffirmed its “buy” rating, while Citigroup maintained a “buy” rating despite lowering its price target to $800. Both targets remain above the current trading level, suggesting some analysts see substantial long-term upside.
• Neutral Sentiment: Bank of America said Caterpillar’s earnings power remains intact, and analysts expect revenue and EPS growth as the backlog converts. However, the backlog may extend into 2029–2030, meaning investors could wait longer for the full financial benefit.
• Negative Sentiment: Management left its annual growth outlook unchanged and indicated only “moderate” fourth-quarter revenue growth. Investors had expected a stronger forecast or an upgrade, so the unchanged guidance overshadowed the earnings beat. Caterpillar Tops Quarterly Profit View
• Negative Sentiment: Revenue came in slightly below consensus, while tariff expenses and rising inventories added to concerns about costs, demand timing and near-term margins.
• Negative Sentiment: Several firms reduced their targets: Morgan Stanley cut its target to $675 and rated CAT “equal weight,” RBC lowered its target to $722 with a “sector perform” rating, and Truist reduced its target to $1,027. These cuts reinforce concerns that the stock’s premium valuation had become difficult to justify without faster growth.

Caterpillar Trading Down 3.8%

CAT stock opened at $622.73 on Friday. The company has a fifty day moving average price of $783.25 and a two-hundred day moving average price of $807.52. Caterpillar Inc. has a one year low of $537.08 and a one year high of $1,073.46. The stock has a market cap of $286.25 billion, a price-to-earnings ratio of 24.43, a price-to-earnings-growth ratio of 1.07 and a beta of 1.58. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.42 and a quick ratio of 0.85.

Caterpillar (NYSE:CAT) last issued its earnings results on Thursday, October 29th. The industrial products company reported $7.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.06 by $0.14. Caterpillar had a return on equity of 59.87% and a net margin of 15.21%. The business had revenue of $20.68 billion during the quarter, compared to analysts’ expectations of $20.76 billion. During the same quarter in the prior year, the firm earned $4.95 EPS. The business’s revenue for the quarter was up 17.3% compared to the same quarter last year. Equities analysts anticipate that Caterpillar Inc. will post 27.75 EPS for the current year.

Caterpillar Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Monday, October 26th will be given a $1.63 dividend. The ex-dividend date is Monday, October 26th. This represents a $6.52 dividend on an annualized basis and a yield of 1.0%. Caterpillar’s payout ratio is presently 25.58%.

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.