1,351 Caterpillar Inc. $CAT Shares Bought by Plancorp LLC

Plancorp LLC lifted its stake in Caterpillar Inc. (NYSE:CAT) by 37.8% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,921 shares of the industrial products company’s stock after purchasing an additional 1,351 shares during the period. Plancorp LLC’s holdings in Caterpillar were worth $3,990,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Diversify Advisory Services LLC bought a new position in shares of Caterpillar in the 2nd quarter valued at about $5,372,000. D.B. Root & Company LLC acquired a new stake in shares of Caterpillar in the second quarter valued at approximately $850,000. Dearborn Partners LLC acquired a new position in shares of Caterpillar during the 2nd quarter worth approximately $20,293,000. B. Metzler seel. Sohn & Co. AG raised its stake in Caterpillar by 4.3% in the 2nd quarter. B. Metzler seel. Sohn & Co. AG now owns 62,731 shares of the industrial products company’s stock valued at $66,802,000 after acquiring an additional 2,590 shares during the period. Finally, Van Hulzen Asset Management LLC raised its stake in Caterpillar by 85.3% in the 2nd quarter. Van Hulzen Asset Management LLC now owns 2,809 shares of the industrial products company’s stock valued at $2,991,000 after acquiring an additional 1,293 shares during the period. 70.98% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Morgan Stanley reduced their price objective on shares of Caterpillar from $915.00 to $675.00 and set an “equal weight” rating for the company in a research report on Friday, October 30th. Robert W. Baird set a $970.00 price objective on Caterpillar in a research report on Wednesday, August 5th. Sanford C. Bernstein reissued a “market perform” rating and set a $749.00 target price on shares of Caterpillar in a report on Wednesday, October 14th. Freedom Broker reduced their target price on shares of Caterpillar from $980.00 to $800.00 and set a “buy” rating for the company in a research report on Monday, November 2nd. Finally, Barclays upped their price target on shares of Caterpillar from $800.00 to $900.00 and gave the company an “equal weight” rating in a research note on Thursday, August 6th. Fifteen investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to data from MarketBeat, Caterpillar currently has a consensus rating of “Moderate Buy” and an average price target of $898.25.

Caterpillar Price Performance

NYSE CAT traded up $5.68 during midday trading on Friday, hitting $559.32. The company had a trading volume of 4,786,353 shares, compared to its average volume of 3,287,856. The firm has a 50-day moving average price of $760.19 and a 200-day moving average price of $806.23. The company has a market capitalization of $257.10 billion, a PE ratio of 21.94, a P/E/G ratio of 1.05 and a beta of 1.65. The company has a current ratio of 1.42, a quick ratio of 0.88 and a debt-to-equity ratio of 1.50. Caterpillar Inc. has a twelve month low of $537.08 and a twelve month high of $1,073.46.

Caterpillar (NYSE:CAT) last issued its quarterly earnings results on Thursday, October 29th. The industrial products company reported $7.20 EPS for the quarter, topping analysts’ consensus estimates of $7.06 by $0.14. Caterpillar had a return on equity of 59.87% and a net margin of 15.21%. The company had revenue of $20.68 billion for the quarter, compared to analysts’ expectations of $20.76 billion. During the same quarter last year, the business earned $4.95 earnings per share. Caterpillar’s revenue was up 17.3% on a year-over-year basis. As a group, analysts anticipate that Caterpillar Inc. will post 27.62 earnings per share for the current fiscal year.

Caterpillar Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Stockholders of record on Monday, October 26th will be given a $1.63 dividend. The ex-dividend date is Monday, October 26th. This represents a $6.52 annualized dividend and a dividend yield of 1.2%. Caterpillar’s payout ratio is presently 25.58%.

Key Stories Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Strong results and backlog support the outlook. Caterpillar’s third-quarter earnings beat estimates, while its $78.1 billion backlog, stronger cash flow and expanding margins point to solid demand. The company is also expanding capacity to meet power-generation demand. Article: CAT Shares Fall Despite Q3 Earnings Beat
• Neutral Sentiment: Upcoming investor event. Construction Industries Group President Rod Shurman is scheduled to take part in a Bernstein-hosted fireside chat on Nov. 17; no new financial guidance was announced. Article: Caterpillar executive to participate in Bernstein fireside chat
• Negative Sentiment: AI-trade selling and valuation concerns weigh on the stock. Investors have been selling Caterpillar alongside other industrial companies amid worries that AI-related investment could slow. The market increasingly treats CAT as a data-center power play, exposing it to shifts in sentiment even though power generation accounted for about 15% of 2025 sales. Article: AI selloff spreads to industrials
• Negative Sentiment: Execution and cyclical risks remain. Reports cite orders falling, dealers trimming inventories, and tariffs, manufacturing costs and production constraints pressuring margins. Morgan Stanley also cut its price target by 26% after earnings, highlighting the risk of a cyclical test despite the backlog. Article: Morgan Stanley cuts Caterpillar price target

Insider Buying and Selling

In other news, Director C Jr purchased 1,000 shares of Caterpillar stock in a transaction that occurred on Monday, November 2nd. The shares were acquired at an average price of $620.39 per share, for a total transaction of $620,390.00. Following the transaction, the director owned 4,714 shares of the company’s stock, valued at approximately $2,924,518.46. The trade was a 26.93% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Joseph E. Creed sold 32,401 shares of Caterpillar stock in a transaction on Friday, August 28th. The shares were sold at an average price of $808.98, for a total value of $26,211,760.98. Following the completion of the transaction, the chief executive officer owned 34,555 shares in the company, valued at approximately $27,954,303.90. The trade was a 48.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.33% of the company’s stock.

Caterpillar Company Profile

Caterpillar Inc is a global manufacturer of construction and mining equipment, engines, turbines, and related products and services. Its offerings include earthmoving and material-handling machines, diesel and natural gas engines, power-generation systems, and equipment and technologies used in mining and transportation. The company’s products are commonly sold under the Cat brand.

Caterpillar serves customers in markets around the world through a network of independent dealers. Its businesses also provide parts, maintenance, equipment rental, and other support services, as well as financing and insurance through its financial services operations.

The company was formed in 1925 through the merger of the Holt Manufacturing Company and the C.