Minneapolis Portfolio Management Group LLC Has $42.07 Million Stock Holdings in Caterpillar Inc. $CAT

Minneapolis Portfolio Management Group LLC decreased its position in shares of Caterpillar Inc. (NYSE:CAT) by 20.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 39,506 shares of the industrial products company’s stock after selling 10,248 shares during the period. Caterpillar accounts for about 4.0% of Minneapolis Portfolio Management Group LLC’s investment portfolio, making the stock its 10th largest position. Minneapolis Portfolio Management Group LLC’s holdings in Caterpillar were worth $42,070,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Lam Group Inc. bought a new stake in shares of Caterpillar during the 1st quarter valued at $26,000. Torren Management LLC bought a new stake in Caterpillar during the fourth quarter valued at about $27,000. Frazier Financial Advisors LLC raised its holdings in Caterpillar by 220.0% during the fourth quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 33 shares during the period. Decker Retirement Planning Inc. lifted its position in shares of Caterpillar by 440.0% in the second quarter. Decker Retirement Planning Inc. now owns 27 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 22 shares in the last quarter. Finally, Cornerstone Financial Management LLC bought a new position in shares of Caterpillar in the fourth quarter worth about $32,000. 70.98% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on CAT. Oppenheimer reissued an “outperform” rating and set a $1,118.00 target price on shares of Caterpillar in a research note on Tuesday, August 4th. Erste Group Bank lowered shares of Caterpillar from a “buy” rating to a “hold” rating in a report on Monday, July 27th. Citigroup boosted their target price on shares of Caterpillar from $1,020.00 to $1,100.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. Sanford C. Bernstein restated a “market perform” rating and set a $1,002.00 target price on shares of Caterpillar in a research report on Wednesday, August 5th. Finally, Zacks Research raised shares of Caterpillar from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $995.52.

Caterpillar Stock Performance

NYSE:CAT opened at $813.62 on Friday. The company has a market cap of $374.00 billion, a price-to-earnings ratio of 35.01, a PEG ratio of 1.43 and a beta of 1.60. Caterpillar Inc. has a 1 year low of $410.52 and a 1 year high of $1,073.46. The stock’s 50 day simple moving average is $910.49 and its two-hundred day simple moving average is $833.16. The company has a debt-to-equity ratio of 1.65, a current ratio of 1.37 and a quick ratio of 0.85.

Caterpillar (NYSE:CAT) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $8.17 EPS for the quarter, beating analysts’ consensus estimates of $6.22 by $1.95. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%.The firm had revenue of $20.54 billion during the quarter, compared to the consensus estimate of $19.34 billion. During the same period in the prior year, the company earned $4.72 EPS. The company’s quarterly revenue was up 23.7% compared to the same quarter last year. As a group, equities analysts anticipate that Caterpillar Inc. will post 27.14 earnings per share for the current fiscal year.

Caterpillar Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Monday, July 20th were issued a $1.63 dividend. This is a boost from Caterpillar’s previous quarterly dividend of $1.51. The ex-dividend date was 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 presently 28.06%.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analysts raised longer-term earnings forecasts. Zacks Research lifted its FY2026 EPS estimate to $26.55 from $24.51, FY2027 to $30.14 from $29.01 and FY2028 to $35.97 from $34.31. It also increased several quarterly estimates and maintained a “Strong-Buy” rating, signaling confidence in Caterpillar’s earnings trajectory. Zacks Research Caterpillar estimates
• Positive Sentiment: A supportive market backdrop could help CAT. Seasonal strength, solid second-quarter earnings growth, expectations for a cautious Federal Reserve and continued technology investment are cited as reasons the S&P 500 could advance into year-end, potentially supporting cyclical industrial stocks such as Caterpillar. Five reasons the S&P 500 could keep rallying
• Neutral Sentiment: Caterpillar received a $392 million tariff refund. The payment provides a near-term cash benefit, but the company still incurred approximately $400 million in tariff expenses during the quarter ended June 30, limiting the overall relief. Caterpillar tariff refund
• Neutral Sentiment: CAT is priced for substantial volatility. Options markets indicate investors expect the stock to make a large move in either direction, reflecting uncertainty rather than a clear bullish or bearish catalyst. Caterpillar stock volatility outlook
• Neutral Sentiment: Industry performance is tracking end-market conditions. A comparison of Caterpillar, Deere and PACCAR suggests heavy-machinery stocks have diverged based largely on the health of construction, agriculture and trucking markets; the article provides sector context but no new CAT-specific fundamental catalyst. Heavy machinery stock comparison
• Negative Sentiment: Weak July U.S. industrial production raised demand concerns. Softer output data challenges confidence that Caterpillar’s record backlog and broad end-market exposure can remain resilient if industrial activity cools. CAT was also among the Dow’s weaker performers as investors reduced exposure to companies viewed as vulnerable to the fading AI-related trade. Weaker U.S. industrial output and Caterpillar

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.