MGO One Seven LLC Buys 9,310 Shares of Caterpillar Inc. $CAT

MGO One Seven LLC raised its stake in Caterpillar Inc. (NYSE:CAT) by 52.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,137 shares of the industrial products company’s stock after purchasing an additional 9,310 shares during the quarter. MGO One Seven LLC’s holdings in Caterpillar were worth $22,003,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. BlackRock Inc. purchased a new position in shares of Caterpillar in the 2nd quarter worth $40,457,153,000. Bank of America Corp DE purchased a new stake in Caterpillar during the second quarter valued at about $5,818,150,000. Bank of New York Mellon Corp purchased a new stake in Caterpillar during the second quarter valued at about $3,192,710,000. Legal & General Group Plc purchased a new stake in Caterpillar during the second quarter valued at about $2,783,451,000. Finally, Ascentis Wealth Management LLC increased its stake in Caterpillar by 110,539.0% during the second quarter. Ascentis Wealth Management LLC now owns 2,518,143 shares of the industrial products company’s stock worth $2,711,772,000 after acquiring an additional 2,515,867 shares during the last quarter. 70.98% of the stock is owned by hedge funds and other institutional investors.

Caterpillar Stock Down 3.8%

Shares of NYSE CAT opened at $622.73 on Friday. The stock has a fifty day moving average price of $783.25 and a 200 day moving average price of $807.52. The company has a current ratio of 1.42, a quick ratio of 0.85 and a debt-to-equity ratio of 1.50. Caterpillar Inc. has a 12-month low of $537.08 and a 12-month high of $1,073.46. The company has a market cap of $286.25 billion, a P/E ratio of 24.43, a P/E/G ratio of 1.07 and a beta of 1.58.

Caterpillar (NYSE:CAT) last issued its quarterly earnings data on Thursday, October 29th. The industrial products company reported $7.20 EPS for the quarter, topping analysts’ consensus estimates of $7.06 by $0.14. Caterpillar had a return on equity of 59.87% and a net margin of 15.21%. The company had revenue of $20.68 billion for the quarter, compared to analysts’ expectations of $20.76 billion. During the same quarter in the previous year, the firm posted $4.95 earnings per share. The firm’s quarterly revenue was up 17.3% on a year-over-year basis. Research analysts anticipate that Caterpillar Inc. will post 27.75 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. Investors of record on Monday, October 26th will be issued a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Monday, October 26th. Caterpillar’s dividend payout ratio (DPR) is presently 25.58%.

Insider Activity at Caterpillar

In related news, CEO Joseph E. Creed sold 32,401 shares of the business’s stock in a transaction that occurred 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 transaction, the chief executive officer directly 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 position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.33% of the company’s stock.

Caterpillar News Summary

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.

Analyst Ratings Changes

CAT has been the topic of a number of research reports. Morgan Stanley cut their price objective on Caterpillar from $915.00 to $675.00 and set an “equal weight” rating on the stock in a report on Friday. Wall Street Zen cut Caterpillar from a “buy” rating to a “hold” rating in a report on Saturday. Needham & Company LLC set a $980.00 target price on Caterpillar in a report on Thursday, September 10th. President Capital began coverage on shares of Caterpillar in a research report on Friday, September 18th. They set a “buy” rating and a $999.00 target price for the company. Finally, Wells Fargo & Company cut their price target on shares of Caterpillar from $1,155.00 to $840.00 and set an “overweight” rating on the stock in a report on Monday, October 26th. Fifteen investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $913.96.

Caterpillar Profile

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.