Members Trust Co Raises Stock Holdings in Caterpillar Inc. $CAT

Members Trust Co raised its stake in Caterpillar Inc. (NYSE:CAT) by 80.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,672 shares of the industrial products company’s stock after purchasing an additional 7,876 shares during the period. Caterpillar accounts for approximately 0.6% of Members Trust Co’s investment portfolio, making the stock its 11th largest holding. Members Trust Co’s holdings in Caterpillar were worth $18,819,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in CAT. Decker Retirement Planning Inc. raised its stake in shares of Caterpillar by 440.0% during the 2nd quarter. Decker Retirement Planning Inc. now owns 27 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 22 shares in the last quarter. Matrix Trust Co boosted its stake in Caterpillar by 93.8% in the second quarter. Matrix Trust Co now owns 31 shares of the industrial products company’s stock valued at $33,000 after acquiring an additional 15 shares in the last quarter. Axiom Investment Management LLC purchased a new position in Caterpillar in the second quarter worth $36,000. Lam Group Inc. acquired a new position in shares of Caterpillar during the first quarter worth $26,000. Finally, Ramsey Quantitative Systems acquired a new position in shares of Caterpillar during the second quarter worth $48,000. 70.98% of the stock is currently owned by institutional investors.

Caterpillar Stock Performance

Shares of CAT stock opened at $822.44 on Thursday. The business has a fifty day moving average of $901.07 and a 200 day moving average of $836.76. Caterpillar Inc. has a 1 year low of $410.52 and a 1 year high of $1,073.46. 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 firm has a market capitalization of $378.05 billion, a price-to-earnings ratio of 35.39, a price-to-earnings-growth ratio of 1.42 and a beta of 1.60.

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, beating the consensus estimate of $6.22 by $1.95. The business had revenue of $20.54 billion for the quarter, compared to the consensus estimate of $19.34 billion. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%.The company’s quarterly revenue was up 23.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.72 EPS. As a group, research analysts expect that Caterpillar Inc. will post 27.14 earnings per share for the current year.

Caterpillar Increases Dividend

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

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar plans to invest approximately $890 million in its Indiana facility, supporting longer-term production capacity, regional employment and potential demand for its equipment. Caterpillar planning $890M investment in Indiana plant
• Positive Sentiment: Recent analysis highlights a substantial increase in Caterpillar’s order volume and a record backlog, suggesting future revenue visibility even though reported revenue has faced pressure. This supports the bullish case for CAT’s cyclical recovery. Before The Surge, Caterpillar Stock’s Order Book Told a Different Story
• Positive Sentiment: Analysts favor CAT over Deere in the heavy-equipment sector, citing Caterpillar’s record sales, backlog and earnings growth. Another investment article lists CAT as a way to gain exposure to infrastructure spending and broader capital investment. Caterpillar vs. Deere
• Positive Sentiment: Valuation commentary argues CAT could be undervalued by roughly 20% if its margin and cash-flow strength, backlog and upgraded outlook are sustained. The Gates Foundation Trust’s reported ownership also provides a notable institutional-ownership signal. Caterpillar Could Be 20% Undervalued
• Neutral Sentiment: A covered-call strategy is presented as a way to generate potentially 12% annualized income while waiting through a slowdown, though selling calls would cap upside if CAT rallies sharply. Can CAT Stock Yield 12% Annualized Income?
• Neutral Sentiment: Caterpillar is beginning renovations at office space in Irving, Texas. The move is operationally relevant but unlikely to materially change near-term earnings expectations. Caterpillar set to begin renovation of Irving office space
• Negative Sentiment: A worker injury at Caterpillar’s Mapleton facility introduces potential safety, regulatory and operational concerns, although the available report provides limited details on the incident. Worker injured at Caterpillar Mapleton facility
• Negative Sentiment: CAT’s premium valuation leaves less room for disappointment, while Michael Burry’s disclosed short position and discussion of a possible slowdown may add volatility. Separate analysis sees only about 4% upside from tariff-refund developments, suggesting limited near-term valuation support. Caterpillar Stock May Be 4% Undervalued

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on CAT shares. HSBC raised their price objective on Caterpillar from $850.00 to $1,100.00 in a research report on Tuesday, May 5th. Truist Financial set a $980.00 price target on Caterpillar in a research note on Wednesday, August 5th. Citigroup boosted their price target on Caterpillar from $1,020.00 to $1,100.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Weiss Ratings upgraded shares of Caterpillar from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, August 19th. Finally, Evercore reaffirmed an “outperform” rating and issued a $1,103.00 price objective on shares of Caterpillar in a research report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $995.52.

Caterpillar Company 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.