Pacific Excel Wealth Advisors Inc. Invests $771,000 in Caterpillar Inc. $CAT

Pacific Excel Wealth Advisors Inc. acquired a new stake in Caterpillar Inc. (NYSE:CAT) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 724 shares of the industrial products company’s stock, valued at approximately $771,000.

Several other hedge funds have also recently bought and sold shares of CAT. Howard Financial Services LTD. increased its position in Caterpillar by 5.9% during the second quarter. Howard Financial Services LTD. now owns 669 shares of the industrial products company’s stock worth $712,000 after buying an additional 37 shares during the last quarter. jvl associates llc boosted its stake in shares of Caterpillar by 8.3% during the 2nd quarter. jvl associates llc now owns 741 shares of the industrial products company’s stock worth $789,000 after acquiring an additional 57 shares in the last quarter. Hobart Private Capital LLC increased its holdings in shares of Caterpillar by 17.0% during the 2nd quarter. Hobart Private Capital LLC now owns 448 shares of the industrial products company’s stock valued at $477,000 after acquiring an additional 65 shares during the last quarter. Stonebridge Financial Group LLC raised its stake in shares of Caterpillar by 0.7% in the 2nd quarter. Stonebridge Financial Group LLC now owns 1,635 shares of the industrial products company’s stock valued at $1,741,000 after acquiring an additional 11 shares in the last quarter. Finally, Private Client Services LLC lifted its holdings in Caterpillar by 39.4% in the 2nd quarter. Private Client Services LLC now owns 665 shares of the industrial products company’s stock worth $708,000 after purchasing an additional 188 shares during the last quarter. 70.98% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Denise C. Johnson sold 12,605 shares of the business’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $907.91, for a total transaction of $11,444,205.55. Following the transaction, the insider directly owned 49,825 shares in the company, valued at $45,236,615.75. The trade was a 20.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Anthony D. Fassino sold 16,283 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $916.80, for a total value of $14,928,254.40. Following the completion of the transaction, the insider directly owned 46,041 shares of the company’s stock, valued at approximately $42,210,388.80. This trade represents a 26.13% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 35,444 shares of company stock valued at $32,335,679 over the last three months. 0.33% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

CAT has been the topic of several analyst reports. Argus increased their price target on Caterpillar from $820.00 to $990.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. 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 report on Friday, May 1st. Morgan Stanley set a $915.00 target price on shares of Caterpillar and gave the stock an “equal weight” rating in a report on Friday, May 1st. Rothschild & Co Redburn boosted their target price on shares of Caterpillar from $700.00 to $950.00 and gave the stock a “neutral” rating in a research report on Thursday, May 14th. Finally, DA Davidson upped their price target on shares of Caterpillar from $650.00 to $845.00 and gave the company a “neutral” rating in a report on Monday, May 4th. Thirteen investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $966.90.

Caterpillar Trading Up 6.0%

Shares of Caterpillar stock opened at $879.99 on Wednesday. Caterpillar Inc. has a 1 year low of $405.46 and a 1 year high of $1,073.46. The company’s fifty day simple moving average is $922.93 and its 200-day simple moving average is $815.89. The company has a market cap of $405.31 billion, a price-to-earnings ratio of 43.80, a PEG ratio of 1.62 and a beta of 1.60. The company has a current ratio of 1.35, a quick ratio of 0.81 and a debt-to-equity ratio of 1.64.

Caterpillar (NYSE:CAT) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share for the quarter, beating analysts’ consensus estimates of $6.22 by $1.95. The firm had revenue of $20.54 billion during the quarter, compared to the consensus estimate of $19.34 billion. Caterpillar had a net margin of 13.33% and a return on equity of 48.21%. The business’s revenue was up 23.7% on a year-over-year basis. During the same period in the prior year, the firm earned $4.72 EPS. As a group, sell-side analysts expect that Caterpillar Inc. will post 24.87 EPS for the current year.

Caterpillar Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Monday, July 20th will be paid a $1.63 dividend. The ex-dividend date is Monday, July 20th. This is a boost from Caterpillar’s previous quarterly dividend of $1.51. This represents a $6.52 annualized dividend and a dividend yield of 0.7%. Caterpillar’s dividend payout ratio is 32.45%.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Record quarterly results: Second-quarter sales and revenues rose 24% year over year to $20.5 billion, Caterpillar’s first quarter above $20 billion. Adjusted profit per share was $8.17, well above the roughly $6.22 analyst consensus, while reported profit per share was $7.77 versus $4.62 a year earlier. Caterpillar Reports Second-Quarter 2026 Results
• Positive Sentiment: AI infrastructure demand remains a major catalyst: Strong orders for power-generation equipment, engines and generators supporting data centers helped drive earnings growth. Construction and mining equipment demand also contributed to higher volume and pricing. Caterpillar lifts 2026 sales growth target on strong data center demand after quarterly profit beat
• Positive Sentiment: Upgraded outlook and broadening momentum: Management now expects full-year revenue growth in the mid-to-high teens, improving on its previous low-double-digit forecast. The company also highlighted a record order backlog and strength across multiple end markets. Caterpillar Stock Jumps, Lifting Dow, as Company Sees Broadening Momentum
• Positive Sentiment: Shareholder returns support sentiment: Caterpillar deployed $2.2 billion for dividends and share repurchases during the quarter, underscoring strong cash generation.
• Neutral Sentiment: Investor considerations: CAT’s valuation is elevated after the rally, and future performance remains exposed to the cyclicality of construction and mining markets as well as the sustainability of AI data-center spending. The earnings call’s emphasis on “broadening momentum” helps offset, but does not eliminate, those risks. Caterpillar Q2 2026 Earnings Call Transcript

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.