OneAscent Wealth Management LLC Purchases Shares of 1,474 Caterpillar Inc. $CAT

OneAscent Wealth Management LLC purchased a new position in Caterpillar Inc. (NYSE:CAT) in the second quarter, HoldingsChannel reports. The fund purchased 1,474 shares of the industrial products company’s stock, valued at approximately $1,570,000. Caterpillar makes up approximately 0.5% of OneAscent Wealth Management LLC’s portfolio, making the stock its 25th largest holding.

Other large investors have also bought and sold shares of the company. OneAscent Family Office LLC purchased a new position in shares of Caterpillar during the 2nd quarter worth approximately $928,000. OneAscent Financial Services LLC purchased a new position in shares of Caterpillar in the 2nd quarter valued at approximately $14,939,000. Paralel Advisors LLC bought a new stake in shares of Caterpillar during the second quarter valued at approximately $106,490,000. Allworth Financial LP purchased a new stake in Caterpillar in the second quarter worth $84,825,000. Finally, Greenspring Advisors LLC bought a new position in Caterpillar in the second quarter worth $754,000. 70.98% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently commented on CAT. Oppenheimer restated an “outperform” rating and set a $1,118.00 target price on shares of Caterpillar in a report on Tuesday, August 4th. JPMorgan Chase & Co. increased their price target on shares of Caterpillar from $1,125.00 to $1,165.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 17th. Sanford C. Bernstein reissued a “market perform” rating and set a $1,002.00 price target on shares of Caterpillar in a research report on Wednesday, August 5th. Zacks Research raised shares of Caterpillar from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 12th. Finally, Evercore reaffirmed an “outperform” rating and set a $1,103.00 target price on shares of Caterpillar in a research note on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $995.52.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Data-center power demand supports growth: Caterpillar’s Power & Energy segment is benefiting from rising demand for reliable electricity-generation equipment as data centers and AI infrastructure expand. Retail sales to power-generation users surged 72% year over year in the second quarter, reinforcing the company’s potential to gain exposure to the AI buildout. Can CAT’s Power & Energy Segment Sustain Its Rapid Growth Momentum?
• Positive Sentiment: AI and robotics collaboration: Caterpillar is working with FieldAI on physical AI, autonomy, robotics and digital-twin technology for jobsites and manufacturing facilities. The initiative is intended to improve safety, productivity and labor efficiency, potentially strengthening Caterpillar’s technology offering over time. Caterpillar and FieldAI Advance AI-Powered Industrial Innovation
• Positive Sentiment: Constructive earnings outlook: Zacks described Caterpillar as positioned to benefit from AI-related data-center demand, supported by a record backlog, power demand and capacity expansion. Erste Group Bank also raised its 2026 EPS forecast to $27.50 from $24.78, although it retained a “Hold” rating. Buy and Hold Caterpillar Poised to Gain Further on AI Data Center Boom
• Neutral Sentiment: Long-term brand visibility: Articles about restoring a 70-year-old Caterpillar D4 and unrelated biological research involving caterpillars have little direct effect on Caterpillar’s financial outlook or valuation.
• Negative Sentiment: Valuation and technical pressure: Trader Tony Zhang advised investors to begin “fading” Caterpillar, while other commentary highlighted the recent pullback. The stock remains below its 50-day and 200-day moving averages, adding to near-term caution. Time to Start Fading Caterpillar Stock, Says Trader Tony Zhang
• Negative Sentiment: CEO insider sale: CEO Joseph Creed sold 32,401 shares for approximately $26.2 million, reducing his reported holdings by 48.39%. The sale may weigh on sentiment, although it may also reflect personal financial planning rather than a change in business expectations. SEC Insider Transaction Filing

Insider Activity at Caterpillar

In related news, CEO Joseph E. Creed sold 32,401 shares of the firm’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 transaction of $26,211,760.98. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.33% of the stock is currently owned by insiders.

Caterpillar Trading Up 1.6%

NYSE CAT opened at $791.78 on Thursday. The stock’s fifty day moving average price is $881.29 and its 200-day moving average price is $838.47. The company has a current ratio of 1.37, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65. The stock has a market cap of $363.96 billion, a P/E ratio of 34.07, a P/E/G ratio of 1.35 and a beta of 1.60. Caterpillar Inc. has a 12 month low of $411.37 and a 12 month high of $1,073.46.

Caterpillar (NYSE:CAT) last announced its quarterly earnings results 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 net margin of 14.51% and a return on equity of 55.53%. The company had revenue of $20.54 billion for the quarter, compared to analysts’ expectations of $19.34 billion. During the same quarter in the previous year, the business posted $4.72 EPS. Caterpillar’s revenue was up 23.7% compared to the same quarter last year. As a group, equities analysts forecast that Caterpillar Inc. will post 27.35 EPS for the current fiscal year.

Caterpillar Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Monday, July 20th were paid a $1.63 dividend. This is a boost from Caterpillar’s previous quarterly dividend of $1.51. This represents a $6.52 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Monday, July 20th. Caterpillar’s payout ratio is currently 28.06%.

Caterpillar Profile

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.