Legacy Trust Buys Shares of 1,873 Caterpillar Inc. $CAT

Legacy Trust purchased a new position in shares of Caterpillar Inc. (NYSE:CAT) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,873 shares of the industrial products company’s stock, valued at approximately $894,000.

A number of other institutional investors have also recently made changes to their positions in the business. CORDA Investment Management LLC. lifted its holdings in Caterpillar by 2.9% during the 3rd quarter. CORDA Investment Management LLC. now owns 3,617 shares of the industrial products company’s stock worth $1,726,000 after buying an additional 102 shares in the last quarter. Sachetta LLC increased its position in shares of Caterpillar by 44.0% during the third quarter. Sachetta LLC now owns 229 shares of the industrial products company’s stock worth $109,000 after acquiring an additional 70 shares during the period. ORG Partners LLC raised its stake in shares of Caterpillar by 57.2% in the third quarter. ORG Partners LLC now owns 962 shares of the industrial products company’s stock valued at $459,000 after acquiring an additional 350 shares in the last quarter. Avion Wealth boosted its holdings in Caterpillar by 33.1% in the third quarter. Avion Wealth now owns 418 shares of the industrial products company’s stock valued at $199,000 after purchasing an additional 104 shares during the period. Finally, Sonoma Allocations LLC acquired a new position in Caterpillar during the 3rd quarter worth $491,000. Institutional investors and hedge funds own 70.98% of the company’s stock.

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar rolled out a suite of AI and autonomy initiatives at CES — including the Cat AI assistant, previews of autonomous machine lines, and expanded autonomy beyond mining — positioning CAT to capture software and services revenue as well as higher-margin aftermarket sales. Read More.
• Positive Sentiment: CAT announced a partnership with Nvidia to integrate voice and other AI capabilities into machines and operations, accelerating technical differentiation and faster time-to-market for autonomous features. Read More.
• Positive Sentiment: Caterpillar committed $25M toward a global innovation prize and said it’s investing in upskilling the workforce that will build its AI/autonomy systems — a sign management is funding long-term revenue mix shift to software/services. Read More.
• Positive Sentiment: Analysts at Zacks raised multiple near‑ and mid‑term EPS forecasts (Q4 2025–FY2026 and into 2027), lifting FY2026 estimates substantially — a direct driver of investor bullishness on CAT’s earnings trajectory. Read More.
• Neutral Sentiment: Coverage pieces highlight CAT’s long-term income profile (dividend aristocrat status) and the company’s strategic positioning in AI/autonomy, but these are general narratives rather than immediate catalysts. Read More.
• Neutral Sentiment: Volume notes: markets flagged unusually large options activity in CAT, which can amplify intraday moves but is not itself an earnings or strategy signal. Read More.
• Negative Sentiment: Political/legal risk: commentary warns that a potential rollback of tariffs that helped shield domestic equipment makers could remove a tailwind for CAT’s U.S. demand — a macro risk investors are watching. Read More.

Insider Transactions at Caterpillar

In other news, Director David Maclennan acquired 300 shares of the firm’s stock in a transaction dated Thursday, November 6th. The stock was acquired at an average cost of $568.86 per share, with a total value of $170,658.00. Following the completion of the acquisition, the director owned 7,947 shares of the company’s stock, valued at $4,520,730.42. The trade was a 3.92% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jason Kaiser sold 10,707 shares of Caterpillar stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $563.60, for a total transaction of $6,034,465.20. Following the completion of the transaction, the insider directly owned 8,649 shares in the company, valued at $4,874,576.40. The trade was a 55.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 54,729 shares of company stock worth $31,084,308. Insiders own 0.33% of the company’s stock.

Caterpillar Stock Up 1.6%

CAT stock opened at $617.59 on Friday. The company’s 50 day moving average is $579.31 and its two-hundred day moving average is $493.93. Caterpillar Inc. has a twelve month low of $267.30 and a twelve month high of $627.50. The company has a current ratio of 1.38, a quick ratio of 0.86 and a debt-to-equity ratio of 1.34. The stock has a market cap of $289.02 billion, a P/E ratio of 31.70, a PEG ratio of 2.39 and a beta of 1.57.

Caterpillar (NYSE:CAT) last posted its earnings results on Monday, November 3rd. The industrial products company reported $4.95 EPS for the quarter, beating analysts’ consensus estimates of $4.52 by $0.43. Caterpillar had a net margin of 14.34% and a return on equity of 47.16%. The firm had revenue of $17.64 billion for the quarter, compared to the consensus estimate of $16.72 billion. During the same period last year, the firm posted $5.17 EPS. The company’s revenue was up 9.5% on a year-over-year basis. Research analysts expect that Caterpillar Inc. will post 19.86 earnings per share for the current fiscal year.

Caterpillar Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 19th. Stockholders of record on Tuesday, January 20th will be issued a $1.51 dividend. This represents a $6.04 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Tuesday, January 20th. Caterpillar’s payout ratio is presently 31.01%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Barclays increased their price target on Caterpillar from $485.00 to $555.00 and gave the company an “equal weight” rating in a research report on Thursday, October 30th. Raymond James Financial restated a “market perform” rating on shares of Caterpillar in a research note on Wednesday. Jefferies Financial Group lifted their price target on shares of Caterpillar from $570.00 to $700.00 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. Royal Bank Of Canada assumed coverage on shares of Caterpillar in a report on Wednesday, October 22nd. They set a “sector perform” rating and a $560.00 price target for the company. Finally, HSBC upgraded shares of Caterpillar from a “hold” rating to a “buy” rating and raised their price objective for the company from $405.00 to $660.00 in a report on Wednesday, November 5th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $618.70.

Caterpillar 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.