New England Research & Management Inc. Purchases New Holdings in Caterpillar Inc. $CAT

New England Research & Management Inc. purchased a new stake in Caterpillar Inc. (NYSE:CAT) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,075 shares of the industrial products company’s stock, valued at approximately $872,000.

Other institutional investors have also recently made changes to their positions in the company. Intergy Private Wealth LLC raised its stake in shares of Caterpillar by 18.3% during the 3rd quarter. Intergy Private Wealth LLC now owns 394 shares of the industrial products company’s stock worth $319,000 after purchasing an additional 61 shares in the last quarter. Avail Investment Partners LLC boosted its holdings in shares of Caterpillar by 87.9% in the 3rd quarter. Avail Investment Partners LLC now owns 389 shares of the industrial products company’s stock valued at $315,000 after buying an additional 182 shares during the last quarter. RKL Wealth Management LLC boosted its holdings in shares of Caterpillar by 0.6% in the 3rd quarter. RKL Wealth Management LLC now owns 4,546 shares of the industrial products company’s stock valued at $3,686,000 after buying an additional 25 shares during the last quarter. St. Louis Financial Planners Asset Management LLC bought a new position in shares of Caterpillar in the third quarter valued at $2,764,000. Finally, Mosley Wealth Management grew its stake in shares of Caterpillar by 17.5% in the third quarter. Mosley Wealth Management now owns 376 shares of the industrial products company’s stock valued at $305,000 after buying an additional 56 shares in the last quarter. Institutional investors and hedge funds own 70.98% of the company’s stock.

Key Headlines Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar will invest up to $10 million in North Carolina workforce training, supporting technicians and manufacturing workers as it expands its Sanford operations. The investment complements a previously announced roughly $1 billion facility investment intended to increase compact-equipment production. Caterpillar Invests in North Carolina’s Future Manufacturing Workforce
• Positive Sentiment: The acquisition of the Fabick CAT dealer network could strengthen Caterpillar’s distribution and customer-support footprint, although financial terms and the transaction’s earnings impact were not provided. Caterpillar acquires Fabick Cat dealer network
• Neutral Sentiment: Caterpillar scheduled its third-quarter 2026 results for October 29, giving investors a near-term catalyst to assess demand, margins and guidance. Caterpillar Third-Quarter 2026 Results Announcement
• Neutral Sentiment: Resource Industries President Denise Johnson will retire in February 2027, with Derrick York appointed as her successor effective November 1. Johnson will remain in an advisory role during the transition, limiting immediate disruption concerns. Caterpillar Announces Leadership Transition in Resource Industries
• Negative Sentiment: An analyst downgrade pressured the stock, while Oppenheimer issued a pessimistic forecast. These actions reinforce concerns about Caterpillar’s valuation and future earnings outlook. Caterpillar Shares Down on Analyst Downgrade
• Negative Sentiment: A broader unwind in the AI-related power trade also weighed on Caterpillar, as investors reassessed companies expected to benefit from data-center electricity demand. Comparisons with Generac highlighted differences in backlog, valuation and financial strength. AI Power Trade Unwinds

Caterpillar Stock Performance

CAT opened at $730.01 on Friday. Caterpillar Inc. has a 12-month low of $510.21 and a 12-month high of $1,073.46. The stock has a market cap of $335.57 billion, a price-to-earnings ratio of 31.41, a PEG ratio of 1.26 and a beta of 1.58. The business has a 50 day moving average of $812.24 and a 200-day moving average of $855.37. 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 issued its earnings results on Tuesday, August 4th. The industrial products company reported $8.17 EPS for the quarter, topping the consensus estimate of $6.22 by $1.95. The company had revenue of $20.54 billion during the quarter, compared to the consensus estimate of $19.34 billion. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%. The firm’s revenue for the quarter was up 23.7% compared to the same quarter last year. During the same period in the previous year, the company posted $4.72 EPS. On average, equities research analysts expect that Caterpillar Inc. will post 27.49 earnings per share for the current year.

Caterpillar Announces Dividend

The firm also recently declared 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 of this dividend is Monday, October 26th. This represents a $6.52 annualized dividend and a yield of 0.9%. Caterpillar’s dividend payout ratio (DPR) is currently 28.06%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on CAT. Freedom Broker upgraded shares of Caterpillar from a “hold” rating to a “buy” rating and set a $980.00 target price on the stock in a report on Thursday, September 10th. Weiss Ratings upgraded shares of Caterpillar from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday. Sanford C. Bernstein reiterated a “market perform” rating and issued a $749.00 price target on shares of Caterpillar in a research note on Wednesday. Royal Bank Of Canada lifted their price objective on shares of Caterpillar from $877.00 to $897.00 and gave the company a “sector perform” rating in a research report on Wednesday, August 5th. Finally, Robert W. Baird set a $970.00 price objective on shares of Caterpillar in a research note on Wednesday, August 5th. Fifteen investment analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $967.83.

Insider Transactions at Caterpillar

In other Caterpillar news, CEO Joseph E. Creed sold 32,401 shares of Caterpillar stock in a transaction on Friday, August 28th. The shares were sold at an average price of $808.98, for a total transaction of $26,211,760.98. Following the completion of the transaction, the chief executive officer directly owned 34,555 shares of the company’s stock, valued at $27,954,303.90. The trade was a 48.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.33% of the stock is owned by corporate insiders.

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.