Swiss National Bank Has $973.01 Million Holdings in Caterpillar Inc. $CAT

Swiss National Bank increased its holdings in shares of Caterpillar Inc. (NYSE:CAT) by 7.0% during the first quarter, Holdings Channel.com reports. The fund owned 1,373,420 shares of the industrial products company’s stock after purchasing an additional 89,640 shares during the quarter. Caterpillar accounts for about 0.6% of Swiss National Bank’s holdings, making the stock its 24th biggest position. Swiss National Bank’s holdings in Caterpillar were worth $973,013,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. World Equity Group Inc. grew its position in shares of Caterpillar by 93.6% during the 1st quarter. World Equity Group Inc. now owns 7,008 shares of the industrial products company’s stock worth $4,964,000 after purchasing an additional 3,389 shares in the last quarter. Precision Wealth Strategies LLC increased its holdings in shares of Caterpillar by 274.7% during the first quarter. Precision Wealth Strategies LLC now owns 5,504 shares of the industrial products company’s stock worth $3,899,000 after purchasing an additional 4,035 shares during the period. Legacy Wealth Advisors LLC raised its position in shares of Caterpillar by 14.7% in the first quarter. Legacy Wealth Advisors LLC now owns 405 shares of the industrial products company’s stock valued at $287,000 after buying an additional 52 shares in the last quarter. Mediolanum International Funds Ltd boosted its stake in shares of Caterpillar by 13.6% in the first quarter. Mediolanum International Funds Ltd now owns 113,532 shares of the industrial products company’s stock valued at $75,775,000 after buying an additional 13,549 shares during the period. Finally, Spartan Wealth Advisory Services LLC acquired a new stake in Caterpillar during the first quarter worth approximately $8,026,000. Institutional investors own 70.98% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Truist Financial lifted their price objective on Caterpillar from $1,043.00 to $1,218.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. Wells Fargo & Company increased their target price on Caterpillar from $1,050.00 to $1,155.00 and gave the stock an “overweight” rating in a report on Tuesday, June 23rd. Evercore restated an “outperform” rating and issued a $1,103.00 price target on shares of Caterpillar in a research report on Monday, May 11th. Barclays upped their price objective on shares of Caterpillar from $700.00 to $800.00 and gave the stock an “equal weight” rating in a research report on Friday, May 1st. Finally, Jefferies Financial Group increased their price objective on shares of Caterpillar from $900.00 to $1,045.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Fifteen research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $980.57.

Insider Activity at Caterpillar

In other Caterpillar news, CAO William E. Schaupp sold 360 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $906.00, for a total value of $326,160.00. Following the sale, the chief accounting officer owned 530 shares in the company, valued at $480,180. This trade represents a 40.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Andrew R. J. Bonfield sold 15,674 shares of the business’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $918.71, for a total transaction of $14,399,860.54. Following the sale, the chief financial officer directly owned 52,935 shares in the company, valued at approximately $48,631,913.85. The trade was a 22.85% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 95,773 shares of company stock worth $87,642,635 in the last ninety days. Insiders own 0.33% of the company’s stock.

Caterpillar Price Performance

Shares of CAT stock opened at $881.26 on Friday. The company has a quick ratio of 0.81, a current ratio of 1.35 and a debt-to-equity ratio of 1.64. Caterpillar Inc. has a twelve month low of $405.46 and a twelve month high of $1,073.46. The company has a market cap of $405.90 billion, a P/E ratio of 43.87, a P/E/G ratio of 1.72 and a beta of 1.57. The business has a fifty day simple moving average of $931.29 and a 200 day simple moving average of $793.45.

Caterpillar (NYSE:CAT) last released its earnings results on Thursday, April 30th. The industrial products company reported $5.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.65 by $0.89. The firm had revenue of $17.41 billion for the quarter, compared to analysts’ expectations of $16.53 billion. Caterpillar had a return on equity of 48.21% and a net margin of 13.33%.The business’s revenue for the quarter was up 22.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $4.25 earnings per share. On average, sell-side analysts forecast that Caterpillar Inc. will post 24.87 EPS for the current fiscal year.

Caterpillar Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Monday, July 20th will be paid a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Monday, July 20th. This is an increase from Caterpillar’s previous quarterly dividend of $1.51. Caterpillar’s dividend payout ratio is 30.06%.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Multiple analyst updates turned incrementally more optimistic on Caterpillar’s earnings outlook, with Erste Group Bank and Zacks Research lifting FY2026, FY2027, FY2028 and several quarterly EPS estimates. Higher profit expectations can support the stock by reinforcing the view that CAT’s long-term demand and pricing power remain solid.
• Positive Sentiment: Several commentary pieces highlighted Caterpillar as a leading industrial and equipment name versus peers like Volvo, citing stronger earnings momentum, rising estimates, and long-term growth tied to infrastructure, electrification, automation, and AI data-center buildout demand.
• Neutral Sentiment: Pre-earnings coverage noted Wall Street is expecting Caterpillar’s upcoming Q2 2026 report to show another double-digit profit increase, which keeps investor attention focused on whether results can justify the stock’s premium valuation.
• Neutral Sentiment: Several articles framed Caterpillar as a high-quality company with a strong brand and global dealer network, but also warned that the valuation looks rich. That limits near-term upside unless earnings growth continues to outpace expectations.
• Negative Sentiment: Caterpillar was also mentioned in broader market weakness and “AI selloff” coverage, and Zacks Research downgraded the stock from strong-buy to hold. That suggests some investors are becoming more cautious after the recent run-up.

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.