FNY Investment Advisers LLC Invests $798,000 in Caterpillar Inc. $CAT

FNY Investment Advisers LLC purchased a new position in Caterpillar Inc. (NYSE:CAT) during the 2nd quarter, HoldingsChannel reports. The firm purchased 750 shares of the industrial products company’s stock, valued at approximately $798,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Axxcess Wealth Management LLC increased its holdings in shares of Caterpillar by 2.8% during the fourth quarter. Axxcess Wealth Management LLC now owns 22,420 shares of the industrial products company’s stock valued at $12,844,000 after purchasing an additional 604 shares during the period. Juno Financial Group LLC acquired a new stake in Caterpillar in the fourth quarter worth about $877,000. DSG Capital Advisors LLC bought a new position in Caterpillar in the 1st quarter valued at about $1,226,000. Cornerstone Planning LLC acquired a new position in Caterpillar during the 4th quarter valued at about $4,517,000. Finally, Ticino Wealth bought a new stake in shares of Caterpillar during the 4th quarter worth about $2,488,000. 70.98% of the stock is currently owned by institutional investors.

Insider Transactions at Caterpillar

In related news, CAO William E. Schaupp sold 360 shares of Caterpillar stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $906.00, for a total value of $326,160.00. Following the transaction, the chief accounting officer directly owned 530 shares in the company, valued at $480,180. The trade was a 40.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Anthony D. Fassino sold 16,283 shares of the business’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $916.80, for a total value of $14,928,254.40. Following the sale, the insider directly owned 46,041 shares in the company, valued at $42,210,388.80. This trade represents a 26.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 35,444 shares of company stock valued at $32,335,679 in the last three months. 0.33% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: AI infrastructure is driving demand. Caterpillar said construction of data centers and other AI-related facilities is boosting demand for construction equipment and power-generation products. The company is also racing to expand generator capacity for power-hungry data centers. Caterpillar says the AI boom continues to drive construction demand
• Positive Sentiment: Record results and higher guidance support the bullish case. Second-quarter revenue rose 24% year over year to $20.5 billion, while adjusted EPS of $8.17 exceeded estimates of $6.22. Caterpillar raised its 2026 sales-growth outlook, citing a record backlog above $72 billion, stronger segment demand and additional power capacity. CAT Q2 earnings call focuses on backlog and capacity growth
• Positive Sentiment: Power and Energy has become a major growth engine. The segment generated approximately $8.2 billion in quarterly sales and produced more profit than Caterpillar’s Construction Industries business, highlighting the company’s expanding exposure to data-center power demand. Caterpillar now makes almost as much selling power as construction equipment
• Positive Sentiment: Analyst support remains favorable. Truist raised its CAT price target to $1,225 and maintained a Buy rating, indicating continued confidence in the company’s earnings and backlog outlook. Benzinga analyst rating report
• Neutral Sentiment: The immediate pullback appears largely technical. CAT had recently rallied sharply following its earnings beat, so investors may be locking in gains despite the favorable operating update. Optimistic forecasts suggest the stock could eventually reach $1,000, but that remains speculative.
• Negative Sentiment: Valuation creates downside risk. Commentary notes that CAT trades at more than 30 times forward earnings, leaving limited margin for disappointment if AI-related infrastructure spending slows or the industrial cycle weakens. Caterpillar valuation and cyclical risk analysis

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Erste Group Bank lowered shares of Caterpillar from a “buy” rating to a “hold” rating in a research note on Monday, July 27th. Weiss Ratings restated a “buy (b-)” rating on shares of Caterpillar in a research report on Wednesday. Wells Fargo & Company increased their price target on Caterpillar from $1,050.00 to $1,155.00 and gave the company an “overweight” rating in a research note on Tuesday, June 23rd. UBS Group lifted their price target on Caterpillar from $900.00 to $925.00 and gave the company a “neutral” rating in a research report on Wednesday. Finally, DA Davidson boosted their price objective on Caterpillar from $845.00 to $882.00 and gave the stock a “neutral” rating in a research note on Thursday. Thirteen analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat, Caterpillar currently has an average rating of “Moderate Buy” and an average target price of $995.52.

Caterpillar Stock Performance

Shares of CAT opened at $859.30 on Friday. The company has a debt-to-equity ratio of 1.65, a current ratio of 1.37 and a quick ratio of 0.81. The firm’s 50 day moving average is $921.61 and its 200-day moving average is $818.97. Caterpillar Inc. has a 12-month low of $405.46 and a 12-month high of $1,073.46. The stock has a market capitalization of $395.78 billion, a P/E ratio of 36.97, a P/E/G ratio of 1.70 and a beta of 1.60.

Caterpillar (NYSE:CAT) last released its earnings results on Tuesday, August 4th. The industrial products company reported $8.17 EPS for the quarter, beating the consensus estimate of $6.22 by $1.95. The business had revenue of $20.54 billion during the quarter, compared to analyst estimates of $19.34 billion. Caterpillar had a net margin of 14.51% and a return on equity of 55.53%. The business’s quarterly revenue was up 23.7% on a year-over-year basis. During the same period in the prior year, the business earned $4.72 earnings per share. Equities research analysts anticipate that Caterpillar Inc. will post 24.95 EPS for the current fiscal year.

Caterpillar Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Monday, July 20th will be given a dividend of $1.63 per share. This is a boost from Caterpillar’s previous quarterly dividend of $1.51. The ex-dividend date is Monday, July 20th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 0.8%. Caterpillar’s payout ratio is currently 28.06%.

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.