Caterpillar (NYSE:CAT) Price Target Raised to $785.00

Caterpillar (NYSE:CAT) had its price target upped by Citigroup from $760.00 to $785.00 in a report published on Monday, MarketBeat reports. The firm currently has a buy rating on the industrial products company’s stock.

CAT has been the subject of a number of other reports. JPMorgan Chase & Co. lifted their price target on Caterpillar from $765.00 to $860.00 and gave the stock an “overweight” rating in a report on Wednesday, March 4th. Wolfe Research raised their target price on Caterpillar from $470.00 to $670.00 and gave the stock an “outperform” rating in a research report on Friday, January 2nd. Wells Fargo & Company boosted their target price on Caterpillar from $756.00 to $870.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 25th. Robert W. Baird set a $805.00 price target on shares of Caterpillar in a research note on Friday, January 30th. Finally, UBS Group reissued a “neutral” rating and set a $677.00 price objective on shares of Caterpillar in a report on Monday, February 2nd. Sixteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Caterpillar presently has an average rating of “Moderate Buy” and a consensus target price of $730.50.

Caterpillar Stock Down 1.2%

Shares of NYSE:CAT opened at $707.76 on Monday. The firm has a market capitalization of $329.31 billion, a PE ratio of 37.61, a price-to-earnings-growth ratio of 1.69 and a beta of 1.54. Caterpillar has a 1 year low of $267.30 and a 1 year high of $789.81. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 0.94. The firm’s 50-day moving average is $689.45 and its two-hundred day moving average is $581.29.

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

Insider Activity

In other Caterpillar news, CEO Joseph E. Creed sold 2,500 shares of the business’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $718.93, for a total transaction of $1,797,325.00. Following the transaction, the chief executive officer owned 35,083 shares in the company, valued at approximately $25,222,221.19. The trade was a 6.65% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Denise C. Johnson sold 39,138 shares of the stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $681.08, for a total value of $26,656,109.04. Following the completion of the transaction, the insider owned 43,350 shares of the company’s stock, valued at $29,524,818. The trade was a 47.45% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 135,950 shares of company stock valued at $94,327,990 over the last ninety days. 0.33% of the stock is currently owned by company insiders.

Institutional Trading of Caterpillar

Several large investors have recently modified their holdings of the business. Kilter Group LLC acquired a new stake in shares of Caterpillar in the second quarter worth approximately $27,000. Torren Management LLC purchased a new position in Caterpillar during the fourth quarter worth approximately $27,000. Marquette Asset Management LLC boosted its holdings in shares of Caterpillar by 1,060.0% in the 3rd quarter. Marquette Asset Management LLC now owns 58 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 53 shares during the last quarter. Frazier Financial Advisors LLC grew its stake in shares of Caterpillar by 220.0% during the 4th quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company’s stock valued at $28,000 after buying an additional 33 shares during the period. Finally, IFS Advisors LLC acquired a new stake in shares of Caterpillar during the 4th quarter worth $31,000. 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: Citi raised its price objective to $785 (from $760) and reiterated a Buy, citing healthy demand signals from ConExpo and stronger U.S. construction activity. Citi Boosts Caterpillar (CAT) Price Objective, Sees Strong U.S. Construction Activity
• Positive Sentiment: Oppenheimer lifted its price target to $817 (from $729) and maintained an Outperform rating, further supporting a bullish analyst backdrop. Oppenheimer Raises PT on Caterpillar Inc. (CAT) to $817 From $729 – Here’s Why
• Positive Sentiment: Caterpillar signed a Global Framework Agreement with Atlas Energy Solutions to supply roughly 1.4 GW of power‑generation equipment (about $840M of manufacturing capacity) for 2027–2029, expanding Caterpillar’s energy business and multi‑year revenue visibility. Atlas Energy to buy $840 million in Caterpillar power assets
• Positive Sentiment: Short interest fell ~17% in February to ~8.3M shares (1.8% of float), which reduces immediate short‑selling pressure and can be a tailwind for the stock if buying resumes. Data note
• Neutral Sentiment: Analyst coverage remains constructive overall (average “Moderate Buy”), with several firms highlighting long‑term demand drivers even as opinions vary on timing. Caterpillar Inc. (NYSE:CAT) Receives Average Recommendation of “Moderate Buy” from Analysts
• Neutral Sentiment: Industry/management commentary on AI, data and industrial innovation offers longer‑term operational upside but is not an immediate earnings catalyst. Caterpillar’s Ogi Redzic On AI, Data And Industrial Innovation
• Negative Sentiment: Despite the positive headlines, the stock is down today and has shown recent short‑term weakness; Zacks flagged a larger intraday drop versus the broader market. Caterpillar (CAT) Suffers a Larger Drop Than the General Market: Key Insights
• Negative Sentiment: Valuation and “overvaluation” narratives plus commentary that strong cash flows don’t guarantee outsized returns are keeping some investors cautious after recent gains. Assessing Caterpillar’s Valuation After Recent Share Price Weakness And A Popular Overvaluation Narrative

About Caterpillar

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.