1,061 Caterpillar Inc. $CAT Shares Bought by Partners Wealth Management LLC

Partners Wealth Management LLC grew its holdings in Caterpillar Inc. (NYSE:CAT) by 159.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,726 shares of the industrial products company’s stock after purchasing an additional 1,061 shares during the period. Partners Wealth Management LLC’s holdings in Caterpillar were worth $1,400,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in CAT. Choreo LLC grew its stake in Caterpillar by 3.9% in the 3rd quarter. Choreo LLC now owns 25,369 shares of the industrial products company’s stock worth $20,569,000 after acquiring an additional 963 shares in the last quarter. Elwood & Goetz Wealth Advisory Group LLC increased its position in shares of Caterpillar by 10.8% during the third quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 1,395 shares of the industrial products company’s stock worth $1,131,000 after acquiring an additional 136 shares during the period. China Universal Asset Management Co. Ltd. increased its position in shares of Caterpillar by 13.3% during the third quarter. China Universal Asset Management Co. Ltd. now owns 2,060 shares of the industrial products company’s stock worth $1,703,000 after acquiring an additional 242 shares during the period. D.A. Davidson & CO. raised its stake in shares of Caterpillar by 4.3% during the third quarter. D.A. Davidson & CO. now owns 81,061 shares of the industrial products company’s stock valued at $65,724,000 after acquiring an additional 3,375 shares in the last quarter. Finally, North Dakota State Investment Board raised its stake in shares of Caterpillar by 3.9% during the third quarter. North Dakota State Investment Board now owns 13,912 shares of the industrial products company’s stock valued at $11,280,000 after acquiring an additional 523 shares in the last quarter. 70.98% of the stock is currently owned by institutional investors.

Caterpillar Trading Down 3.8%

NYSE:CAT opened at $622.73 on Friday. The firm has a 50-day simple moving average of $783.25 and a 200-day simple moving average of $807.52. Caterpillar Inc. has a one year low of $537.08 and a one year high of $1,073.46. The firm has a market cap of $286.25 billion, a P/E ratio of 24.43, a P/E/G ratio of 1.11 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.

Caterpillar (NYSE:CAT) last released its quarterly earnings data on Thursday, October 29th. The industrial products company reported $7.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.06 by $0.14. The firm had revenue of $20.68 billion for the quarter, compared to the consensus estimate of $20.76 billion. Caterpillar had a net margin of 15.21% and a return on equity of 59.87%. The company’s quarterly revenue was up 17.3% on a year-over-year basis. During the same period last year, the firm earned $4.95 earnings per share. Equities analysts anticipate that Caterpillar Inc. will post 27.74 EPS for the current fiscal year.

Caterpillar Dividend Announcement

The business 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. The ex-dividend date is Monday, October 26th. This represents a $6.52 dividend on an annualized basis and a yield of 1.0%. Caterpillar’s dividend payout ratio is currently 28.06%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Erste Group Bank lowered Caterpillar from a “buy” rating to a “hold” rating in a report on Monday, July 27th. Barclays lifted their target price on Caterpillar from $800.00 to $900.00 and gave the company an “equal weight” rating in a research report on Thursday, August 6th. DA Davidson upped their target price on Caterpillar from $845.00 to $882.00 and gave the stock a “neutral” rating in a report on Thursday, August 6th. Royal Bank Of Canada lowered their target price on Caterpillar from $897.00 to $722.00 and set a “sector perform” rating for the company in a report on Friday. Finally, Weiss Ratings downgraded Caterpillar from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday. Fifteen analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $913.96.

Insider Transactions at Caterpillar

In other Caterpillar news, CEO Joseph E. Creed sold 32,401 shares of the stock in a transaction on Friday, August 28th. The stock was sold at an average price of $808.98, for a total transaction of $26,211,760.98. Following the sale, the chief executive officer owned 34,555 shares of the company’s stock, valued at approximately $27,954,303.90. This trade represents a 48.39% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.33% of the company’s stock.

Key Caterpillar News

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.

About Caterpillar

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.