1,667 Shares of Caterpillar Inc. $CAT Bought by Sawyer & Company Inc

Sawyer & Company Inc acquired a new stake in Caterpillar Inc. (NYSE:CAT) in the 3rd quarter, Holdings Channel reports. The institutional investor acquired 1,667 shares of the industrial products company’s stock, valued at approximately $1,352,000.

A number of other institutional investors also recently modified their holdings of the stock. Stonebridge Financial Group LLC grew its stake in shares of Caterpillar by 0.7% during the second quarter. Stonebridge Financial Group LLC now owns 1,635 shares of the industrial products company’s stock valued at $1,741,000 after purchasing an additional 11 shares during the last quarter. Inspirion Wealth Advisors LLC increased its holdings in shares of Caterpillar by 1.2% in the second quarter. Inspirion Wealth Advisors LLC now owns 944 shares of the industrial products company’s stock valued at $936,000 after purchasing an additional 11 shares in the last quarter. Bell Bank raised its position in Caterpillar by 0.6% in the 2nd quarter. Bell Bank now owns 1,865 shares of the industrial products company’s stock worth $1,986,000 after purchasing an additional 11 shares during the last quarter. Cornerstone Advisory LLC raised its position in Caterpillar by 0.7% in the 1st quarter. Cornerstone Advisory LLC now owns 1,818 shares of the industrial products company’s stock worth $1,288,000 after purchasing an additional 12 shares during the last quarter. Finally, Brandywine Oak Private Wealth LLC lifted its holdings in Caterpillar by 2.6% during the 1st quarter. Brandywine Oak Private Wealth LLC now owns 506 shares of the industrial products company’s stock worth $358,000 after buying an additional 13 shares in the last quarter. 70.98% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Caterpillar news, CEO Joseph E. Creed sold 32,401 shares of the company’s stock in a transaction 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 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 legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.33% of the company’s stock.

Caterpillar Stock Up 2.1%

Shares of NYSE:CAT opened at $740.20 on Thursday. Caterpillar Inc. has a one year low of $510.21 and a one year high of $1,073.46. The company has a 50 day moving average of $805.28 and a 200-day moving average of $856.93. The company has a debt-to-equity ratio of 1.65, a current ratio of 1.37 and a quick ratio of 0.85. The stock has a market cap of $340.25 billion, a price-to-earnings ratio of 31.85, a P/E/G ratio of 1.24 and a beta of 1.58.

Caterpillar (NYSE:CAT) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share 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 business had revenue of $20.54 billion during the quarter, compared to the consensus estimate of $19.34 billion. During the same period in the previous year, the firm posted $4.72 earnings per share. Caterpillar’s revenue for the quarter was up 23.7% compared to the same quarter last year. On average, sell-side analysts forecast that Caterpillar Inc. will post 27.74 earnings per share for the current year.

Caterpillar Announces Dividend

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

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Erste Group Bank lowered Caterpillar from a “buy” rating to a “hold” rating in a research report on Monday, July 27th. Zacks Research cut Caterpillar from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. Truist Financial dropped their target price on Caterpillar from $1,225.00 to $1,100.00 and set a “buy” rating for the company in a research report on Monday, October 5th. Barclays upped their price target on Caterpillar from $800.00 to $900.00 and gave the company an “equal weight” rating in a research note on Thursday, August 6th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and set a $749.00 price target on shares of Caterpillar in a research note on Wednesday, October 14th. Fifteen research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $967.83.

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Improving earnings outlook: Caterpillar has a strong history of exceeding quarterly estimates, and analysts see the company as having favorable conditions for another earnings beat. Its latest reported quarter also substantially exceeded consensus expectations for earnings and revenue. Will Caterpillar Beat Estimates Again
• Positive Sentiment: Strong backlog and raised outlook: Caterpillar is supported by a record $72 billion backlog, strong cash flow and an increased 2026 sales-growth outlook. Although the dividend was held steady, these factors could support future dividend growth and capital returns. CAT Keeps Dividend Unchanged
• Positive Sentiment: Rating and analyst support: Caterpillar was upgraded to Zacks Rank #2 (Buy), reflecting greater optimism about its earnings prospects. The average brokerage price target of approximately $967.83 is well above the recent trading level, although targets are not guarantees. Caterpillar Rating Upgrade
• Neutral Sentiment: Dealer technology partnership: IronSight AI and Fast Iron announced a platform that helps Caterpillar, Komatsu and Volvo equipment dealers identify and sell used parts using smartphone images. The development may improve dealer efficiency, but it is not expected to have a material near-term effect on Caterpillar’s financial results. IronSight AI and Fast Iron Partnership
• Negative Sentiment: Valuation and trading risks: Caterpillar’s elevated valuation leaves the stock vulnerable to a pullback if earnings momentum slows. ETFs were also reported as net sellers, while commentary cautioned that analyst optimism may already be reflected in the share price. Caterpillar Stock Pullback Risk

Caterpillar 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.