Caterpillar Inc. $CAT Shares Sold by XML Financial LLC

XML Financial LLC trimmed its stake in shares of Caterpillar Inc. (NYSE:CAT) by 38.2% during the second quarter, HoldingsChannel reports. The fund owned 3,211 shares of the industrial products company’s stock after selling 1,982 shares during the quarter. XML Financial LLC’s holdings in Caterpillar were worth $3,419,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Lam Group Inc. bought a new position in shares of Caterpillar during the first quarter worth about $26,000. Frazier Financial Advisors LLC grew its position in shares of Caterpillar by 220.0% in the 4th quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 33 shares in the last quarter. Decker Retirement Planning Inc. lifted its stake in Caterpillar by 440.0% during the second quarter. Decker Retirement Planning Inc. now owns 27 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 22 shares during the last quarter. Cornerstone Financial Management LLC bought a new position in shares of Caterpillar in the 4th quarter worth about $32,000. Finally, Matrix Trust Co raised its stake in Caterpillar by 93.8% during the second quarter. Matrix Trust Co now owns 31 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 15 shares during the period. Institutional investors own 70.98% of the company’s stock.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analyst upgrade: Freedom Broker upgraded Caterpillar from “hold” to “buy” and set a $980 price target, implying meaningful upside from recent levels. Caterpillar analyst upgrade
• Positive Sentiment: Expansion investment: The Lafayette council approved incentives for Caterpillar’s planned $890 million expansion, potentially strengthening production capacity and supporting regional demand. Lafayette Caterpillar expansion
• Positive Sentiment: AI and infrastructure opportunity: Coverage highlighted Caterpillar’s collaboration with FieldAI on physical AI, autonomy and robotics for job sites. Investors also see the company as a beneficiary of AI-related data-center and infrastructure construction, with orders reportedly extending into 2030. Caterpillar FieldAI partnership
• Positive Sentiment: Improving earnings outlook: Zacks Research raised multiple 2026–2028 EPS estimates and maintained a “Strong-Buy” rating, including its FY2027 forecast to $31.43 and FY2028 forecast to $36.64. Recent reports also cited strong sector-wide construction and manufacturing demand. Caterpillar market performance
• Neutral Sentiment: Valuation and technical positioning: CAT remains near its 200-day moving average after a strong rally. Its elevated valuation leaves the stock sensitive to interest rates, macroeconomic headlines and shifts in investor sentiment.
• Negative Sentiment: Heavy insider selling: Company insiders recorded 33 sales versus one purchase over the past six months. CEO Joseph Creed accounted for roughly $26 million of sales, which may be fueling concerns about near-term upside and encouraging profit-taking. Caterpillar insider trading

Analyst Ratings Changes

Several analysts recently issued reports on the company. Freedom Broker raised Caterpillar from a “hold” rating to a “buy” rating and set a $980.00 price target on the stock in a report on Thursday. Weiss Ratings upgraded shares of Caterpillar from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, August 19th. Barclays boosted their target price on shares of Caterpillar from $800.00 to $900.00 and gave the company an “equal weight” rating in a research note on Thursday, August 6th. Wells Fargo & Company upped their target price on shares of Caterpillar from $1,050.00 to $1,155.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 23rd. Finally, Truist Financial set a $980.00 price target on Caterpillar in a report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat, Caterpillar has a consensus rating of “Moderate Buy” and an average target price of $994.17.

Caterpillar Trading Down 1.3%

Shares of CAT stock opened at $804.94 on Friday. The stock has a 50-day simple moving average of $856.52 and a 200 day simple moving average of $840.45. The stock has a market capitalization of $370.01 billion, a P/E ratio of 34.64, a P/E/G ratio of 1.41 and a beta of 1.60. Caterpillar Inc. has a fifty-two week low of $423.32 and a fifty-two week high of $1,073.46. The company has a quick ratio of 0.85, a current ratio of 1.37 and a debt-to-equity ratio of 1.65.

Caterpillar (NYSE:CAT) last released its earnings results on Tuesday, August 4th. The industrial products company reported $8.17 EPS for the quarter, beating the consensus estimate of $6.22 by $1.95. The business had revenue of $20.54 billion during the quarter, compared to analyst estimates of $19.34 billion. Caterpillar had a net margin of 14.51% and a return on equity of 55.53%. The business’s quarterly revenue was up 23.7% on a year-over-year basis. During the same period in the prior year, the business earned $4.72 earnings per share. On average, sell-side analysts expect that Caterpillar Inc. will post 27.37 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Joseph E. Creed sold 32,401 shares of Caterpillar stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $808.98, for a total value of $26,211,760.98. Following the transaction, 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 document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.33% of the company’s stock.

Caterpillar Profile

Caterpillar Inc is a global manufacturer of construction, mining, and industrial equipment. The company’s products include excavators, dozers, wheel loaders, motor graders, articulated trucks, and off-highway trucks, as well as related attachments and work tools. Caterpillar also supplies replacement parts, equipment services, technology solutions, and rental support through its dealer network.

The company serves customers in construction, mining, quarrying, energy, transportation, forestry, agriculture, and government-related industries.