Caterpillar (NYSE:CAT) Price Target Raised to $860.00 at JPMorgan Chase & Co.

Caterpillar (NYSE:CAT) had its price target increased by stock analysts at JPMorgan Chase & Co. from $765.00 to $860.00 in a report issued on Wednesday,MarketScreener reports. The brokerage currently has an “overweight” rating on the industrial products company’s stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 17.30% from the stock’s current price.

CAT has been the topic of several other reports. Bank of America raised their target price on Caterpillar from $735.00 to $825.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Raymond James Financial reaffirmed a “market perform” rating on shares of Caterpillar in a research report on Wednesday, January 7th. Sanford C. Bernstein reissued a “market perform” rating and issued a $678.00 price target on shares of Caterpillar in a research report on Friday, January 30th. Royal Bank Of Canada upped their price objective on shares of Caterpillar from $587.00 to $658.00 and gave the stock a “sector perform” rating in a report on Friday, January 30th. Finally, Rothschild & Co Redburn lifted their target price on shares of Caterpillar from $650.00 to $700.00 and gave the stock a “neutral” rating in a report on Wednesday, February 4th. Sixteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $717.05.

Caterpillar Stock Up 1.5%

Shares of NYSE CAT traded up $11.01 during trading hours on Wednesday, hitting $733.19. The stock had a trading volume of 304,080 shares, compared to its average volume of 2,891,868. The firm’s 50-day moving average price is $674.01 and its two-hundred day moving average price is $570.26. Caterpillar has a 52 week low of $267.30 and a 52 week high of $789.81. The company has a market capitalization of $341.15 billion, a P/E ratio of 38.96, a P/E/G ratio of 1.78 and a beta of 1.54. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.94 and a current ratio of 1.44.

Caterpillar (NYSE:CAT) last posted its earnings results on Thursday, January 29th. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.67 by $0.49. Caterpillar had a net margin of 13.14% and a return on equity of 45.76%. The firm had revenue of $19.13 billion during the quarter, compared to analysts’ expectations of $17.81 billion. During the same period in the previous year, the company earned $5.14 earnings per share. The company’s revenue was up 17.9% compared to the same quarter last year. Analysts anticipate that Caterpillar will post 19.86 EPS for the current fiscal year.

Insider Transactions at Caterpillar

In other news, CAO William E. Schaupp sold 972 shares of the stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $764.20, for a total value of $742,802.40. Following the completion of the transaction, the chief accounting officer owned 824 shares in the company, valued at approximately $629,700.80. This represents a 54.12% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Lange Bob De sold 22,656 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $720.11, for a total transaction of $16,314,812.16. Following the completion of the sale, the insider directly owned 79,953 shares in the company, valued at approximately $57,574,954.83. The trade was a 22.08% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 133,450 shares of company stock worth $92,530,665. 0.33% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Stenger Family Office LLC boosted its stake in shares of Caterpillar by 14.7% in the 4th quarter. Stenger Family Office LLC now owns 10,077 shares of the industrial products company’s stock valued at $5,773,000 after purchasing an additional 1,293 shares in the last quarter. S Harris Financial Group LLC bought a new position in Caterpillar during the 4th quarter valued at about $498,000. EJMK Ventures LLC acquired a new position in Caterpillar in the fourth quarter valued at about $242,000. Targeted Financial Services LLC bought a new stake in Caterpillar during the fourth quarter worth about $304,000. Finally, Tulsa Wealth Advisors INC acquired a new stake in shares of Caterpillar during the fourth quarter worth approximately $905,000. 70.98% of the stock is currently owned by institutional investors and hedge funds.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar highlighted new compact machines, autonomous/connected-jobsite demos and an AI/drone pickup concept at CONEXPO — these product and tech pushes support long‑term revenue diversification into compact equipment, autonomy and site digitization. Caterpillar’s CONEXPO Tech Push Meets Pricy But Momentum Backed Shares
• Positive Sentiment: Caterpillar introduced the TUL100 compact utility loader and a new compact-radius excavator, expanding its addressable market in smaller equipment where demand is rising. Caterpillar Enters Compact Utility Loader Market with TUL100
• Positive Sentiment: Caterpillar expanded its mining software offerings, and reported a record backlog plus a rail deal — evidence of durable demand in mining and services that can support margins over time. Caterpillar Expands Mining Software As Record Backlog And Rail Deal Reshape Risks
• Neutral Sentiment: Caterpillar formed a partnership to offer a natural gas + carbon capture system for data center customers — a strategic diversification but still early stage for material revenue impact. Caterpillar partners with OnePWR and Vero3 on nat gas & carbon capture system for data center market
• Neutral Sentiment: Caterpillar promoted skilled‑trades programs and workforce initiatives — positive for talent pipeline but slow to affect near-term financials. Caterpillar Elevates Skilled Trades Through Global Technician and Operator Challenges
• Negative Sentiment: Analyst coverage turned cautious: a Seeking Alpha piece notes a rating downgrade citing shares as fairly valued, which can pressure sentiment for a richly priced industrial name. Caterpillar: Powering The AI Economy, Shares Fairly Valued (Rating Downgrade)
• Negative Sentiment: Traders appear to be taking profits: multiple market reports show CAT as a top drag on the Dow and contributing to index weakness, amplifying intraday selling pressure. Caterpillar’s stock is the biggest drag on the Dow, in a sign of profit taking
• Negative Sentiment: Consumer/press reaction to Caterpillar’s pickup concept has been mixed, with some coverage calling it poorly timed or too derivative — a minor reputational/headline risk that can increase retail volatility. Is Caterpillar’s Long-Awaited Pickup Disappointing or Just Poorly Timed?

Caterpillar Company 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.