Investment Analysts’ Weekly Ratings Changes for Caterpillar (CAT)

Several analysts have recently updated their ratings and price targets for Caterpillar (NYSE: CAT):

• 9/18/2026 – Caterpillar is now covered by President Capital. They set a “buy” rating and a $999.00 price target on the stock.
• 9/14/2026 – Caterpillar had its “buy” rating reaffirmed by Citigroup Inc..
• 9/10/2026 – Caterpillar was given a new $980.00 price target by Needham & Company LLC.
• 9/10/2026 – Caterpillar was upgraded by Freedom Broker from “hold” to “buy”. They now have a $980.00 price target on the stock.
• 8/19/2026 – Caterpillar was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
• 8/12/2026 – Caterpillar was upgraded by Zacks Research from “hold” to “strong-buy”.
• 8/6/2026 – Caterpillar had its price target raised by DA Davidson from $845.00 to $882.00. They now have a “neutral” rating on the stock.
• 8/6/2026 – Caterpillar had its price target raised by Barclays PLC from $800.00 to $900.00. They now have an “equal weight” rating on the stock.
• 8/5/2026 – Caterpillar had its “buy (b-)” rating reaffirmed by Weiss Ratings.
• 8/5/2026 – Caterpillar had its “market perform” rating reaffirmed by Sanford C. Bernstein. They now have a $1,002.00 price target on the stock.
• 8/5/2026 – Caterpillar had its price target raised by UBS Group AG from $900.00 to $925.00. They now have a “neutral” rating on the stock.
• 8/5/2026 – Caterpillar was given a new $980.00 price target by Truist Financial Corporation.
• 8/5/2026 – Caterpillar was given a new $970.00 price target by Robert W. Baird.
• 8/5/2026 – Caterpillar had its price target raised by Royal Bank Of Canada from $877.00 to $897.00. They now have a “sector perform” rating on the stock.
• 8/5/2026 – Caterpillar had its price target raised by Truist Financial Corporation from $1,218.00 to $1,225.00. They now have a “buy” rating on the stock.
• 8/4/2026 – Caterpillar had its “outperform” rating reaffirmed by Oppenheimer Holdings, Inc.. They now have a $1,118.00 price target on the stock.
• 7/29/2026 – Caterpillar had its “neutral” rating reaffirmed by Robert W. Baird. They now have a $900.00 price target on the stock, down from $1,200.00.
• 7/29/2026 – Caterpillar was downgraded by Robert W. Baird from “outperform” to “neutral”. They now have a $900.00 price target on the stock, down from $1,200.00.
• 7/27/2026 – Caterpillar was downgraded by Erste Group Bank AG from “buy” to “hold”.

Insider Activity

In other Caterpillar news, CEO Joseph E. Creed sold 32,401 shares of Caterpillar stock in a transaction dated 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 of the company’s stock, valued at approximately $27,954,303.90. The trade was a 48.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.33% of the stock is currently owned by corporate insiders.

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.