Wolfe Research Increases Caterpillar (NYSE:CAT) Price Target to $750.00

Caterpillar (NYSE:CAT) had its price objective raised by equities researchers at Wolfe Research from $670.00 to $750.00 in a note issued to investors on Tuesday,MarketScreener reports. The firm currently has an “outperform” rating on the industrial products company’s stock. Wolfe Research’s price objective points to a potential upside of 2.51% from the company’s current price.

CAT has been the subject of several other research reports. Wall Street Zen cut Caterpillar from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Caterpillar in a report on Monday, December 29th. DA Davidson lifted their price target on Caterpillar from $569.00 to $650.00 and gave the company a “neutral” rating in a research report on Monday, February 2nd. Jefferies Financial Group boosted their price target on Caterpillar from $785.00 to $825.00 and gave the company a “buy” rating in a report on Friday, March 6th. Finally, Rothschild & Co Redburn boosted their target price on shares of Caterpillar from $650.00 to $700.00 and gave the company a “neutral” rating in a research note on Wednesday, February 4th. Sixteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $737.55.

Caterpillar Stock Performance

Shares of NYSE:CAT traded up $23.15 during midday trading on Tuesday, reaching $731.61. The company’s stock had a trading volume of 719,299 shares, compared to its average volume of 2,837,342. The company has a quick ratio of 0.94, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The stock has a fifty day moving average of $710.65 and a 200 day moving average of $609.31. Caterpillar has a twelve month low of $267.30 and a twelve month high of $789.81. The firm has a market capitalization of $340.41 billion, a PE ratio of 38.89, a P/E/G ratio of 1.57 and a beta of 1.53.

Caterpillar (NYSE:CAT) last posted its earnings results on Thursday, January 29th. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.67 by $0.49. Caterpillar had a net margin of 13.14% and a return on equity of 45.76%. The company had revenue of $19.13 billion during the quarter, compared to the consensus estimate of $17.81 billion. During the same period in the previous year, the firm posted $5.14 earnings per share. The firm’s quarterly revenue was up 17.9% on a year-over-year basis. On average, equities analysts expect that Caterpillar will post 19.86 EPS for the current fiscal year.

Insider Buying and Selling at Caterpillar

In related news, insider Lange Bob De sold 22,656 shares of Caterpillar stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $720.11, for a total value of $16,314,812.16. Following the sale, the insider directly owned 79,953 shares in the company, valued at approximately $57,574,954.83. The trade was a 22.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CAO William E. Schaupp sold 972 shares of the stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $764.20, for a total value of $742,802.40. Following the transaction, the chief accounting officer directly owned 824 shares of the company’s stock, valued at $629,700.80. The trade was a 54.12% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 125,950 shares of company stock valued at $88,577,390. Corporate insiders own 0.33% of the company’s stock.

Institutional Trading of Caterpillar

Several large investors have recently made changes to their positions in the company. Torren Management LLC acquired a new stake in Caterpillar during the 4th quarter worth $27,000. Frazier Financial Advisors LLC increased its holdings in shares of Caterpillar by 220.0% in the fourth quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 33 shares during the last quarter. IFS Advisors LLC purchased a new stake in Caterpillar in the 4th quarter valued at $31,000. Cornerstone Financial Management LLC acquired a new stake in shares of Caterpillar in the 4th quarter worth $32,000. Finally, Rialto Wealth Management LLC increased its stake in shares of Caterpillar by 47.4% in the 4th quarter. Rialto Wealth Management LLC now owns 56 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 18 shares during the last quarter. 70.98% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar’s share gains helped drive large Dow rallies, reflecting broad risk-on sentiment that’s lifting industrial names as markets recover. NVIDIA Corp., Caterpillar share gains contribute to Dow’s nearly 800-point rally
• Positive Sentiment: Stocks including Caterpillar jumped after reports of easing Middle East tensions and stabilizing oil prices, a tailwind for industrial demand and equipment spending. Vertiv, Flowserve, EMCOR, Terex, and Caterpillar Shares Are Soaring, What You Need To Know
• Positive Sentiment: Analysts and media are highlighting Caterpillar’s growing exposure to AI/data-center infrastructure (large natural-gas generator business), which supports a re-rating narrative beyond traditional construction equipment. Is Caterpillar (CAT) The Best Data Center Stock in Bill Gates’ Latest Portfolio?
• Neutral Sentiment: A 2025 U.S. corporate tax-law change will lower Caterpillar’s cash tax payments (accelerated deductions) but raise its reported book tax rate — boosting near-term free cash flow while making year-to-year EPS comparisons and tax-rate optics more complex. This affects valuation modelling and financial planning. Caterpillar Tax Shift Boosts Cash While Clouding Earnings Picture For Investors
• Negative Sentiment: Caterpillar experienced sharp intraday weakness recently (a ~4% drop noted on March 30), highlighting volatility tied to geopolitical headlines and macro swings — a risk for short-term holders. Caterpillar (CAT) Registers a Bigger Fall Than the Market: Important Facts to Note
• Negative Sentiment: Earlier volatility came as markets reacted to sharper geopolitical threats (threats to Iran’s energy infrastructure), which can quickly reverse risk appetite and weigh on industrial cyclicals like CAT. Caterpillar, Thermon, Enpro, Methode Electronics, and Mobileye Shares Plummet, What You Need To Know

About Caterpillar

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.