Caterpillar Inc. $CAT Shares Acquired by Modera Wealth Management LLC

Modera Wealth Management LLC lifted its holdings in Caterpillar Inc. (NYSE:CAT) by 15.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,626 shares of the industrial products company’s stock after purchasing an additional 1,178 shares during the quarter. Modera Wealth Management LLC’s holdings in Caterpillar were worth $6,994,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of CAT. Stonebridge Financial Group LLC boosted its position 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 buying an additional 11 shares during the last quarter. Inspirion Wealth Advisors LLC increased its holdings in Caterpillar by 1.2% in the 2nd quarter. Inspirion Wealth Advisors LLC now owns 944 shares of the industrial products company’s stock worth $936,000 after buying 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 buying 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 buying an additional 12 shares during the last quarter. Finally, Harbor Investment Advisory LLC lifted its stake in Caterpillar by 0.6% during the 2nd quarter. Harbor Investment Advisory LLC now owns 2,057 shares of the industrial products company’s stock valued at $2,190,000 after acquiring an additional 13 shares during the period. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Insider Transactions at Caterpillar

In other Caterpillar news, CEO Joseph E. Creed sold 32,401 shares of the business’s stock in a transaction on Friday, August 28th. The shares were 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 $27,954,303.90. The trade was a 48.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.33% of the company’s stock.

Caterpillar Stock Down 3.8%

CAT stock opened at $622.73 on Friday. The company has a market cap of $286.25 billion, a price-to-earnings ratio of 24.43, a P/E/G ratio of 1.07 and a beta of 1.58. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.85 and a current ratio of 1.42. The business’s 50-day moving average is $783.25 and its two-hundred day moving average is $807.52. Caterpillar Inc. has a fifty-two week low of $537.08 and a fifty-two week high of $1,073.46.

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

Caterpillar Dividend Announcement

The business 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 dividend of $1.63 per share. The ex-dividend date is Monday, October 26th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 1.0%. Caterpillar’s dividend payout ratio is currently 25.58%.

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.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $749.00 price target on shares of Caterpillar in a report on Wednesday, October 14th. Royal Bank Of Canada reduced their price target on shares of Caterpillar from $897.00 to $722.00 and set a “sector perform” rating for the company in a research note on Friday. Erste Group Bank cut shares of Caterpillar from a “buy” rating to a “hold” rating in a report on Monday, July 27th. Oppenheimer restated an “outperform” rating and set a $1,009.00 price objective on shares of Caterpillar in a research report on Thursday. Finally, Zacks Research cut shares of Caterpillar from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Fifteen analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat, Caterpillar presently has an average rating of “Moderate Buy” and a consensus price target of $913.96.

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.