9,696 Shares in Caterpillar Inc. $CAT Purchased by Asset One Wealth Management LLC

Asset One Wealth Management LLC bought a new stake in Caterpillar Inc. (NYSE:CAT) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 9,696 shares of the industrial products company’s stock, valued at approximately $7,861,000.

Several other hedge funds also recently modified their holdings of CAT. International Assets Investment Management LLC increased its holdings in Caterpillar by 11.1% during the 3rd quarter. International Assets Investment Management LLC now owns 6,226 shares of the industrial products company’s stock worth $5,145,000 after purchasing an additional 624 shares in the last quarter. Heritage Family Offices LLP boosted its position in shares of Caterpillar by 10.9% in the third quarter. Heritage Family Offices LLP now owns 803 shares of the industrial products company’s stock worth $651,000 after acquiring an additional 79 shares during the last quarter. Allegiance Financial Group Advisory Services LLC acquired a new stake in shares of Caterpillar in the 3rd quarter worth approximately $332,000. Waldron Private Wealth LLC lifted its position in Caterpillar by 8.8% in the third quarter. Waldron Private Wealth LLC now owns 4,100 shares of the industrial products company’s stock worth $3,324,000 after purchasing an additional 331 shares during the period. Finally, Calamos Advisors LLC grew its stake in shares of Caterpillar by 7.4% during the 3rd quarter. Calamos Advisors LLC now owns 161,359 shares of the industrial products company’s stock worth $130,828,000 after acquiring an additional 11,098 shares in the last quarter. Institutional investors and hedge funds own 70.98% of the company’s stock.

Analyst Upgrades and Downgrades

CAT has been the topic of a number of analyst reports. Freedom Broker decreased their price objective on shares of Caterpillar from $980.00 to $800.00 and set a “buy” rating on the stock in a research report on Monday, November 2nd. Wells Fargo & Company decreased their price objective on Caterpillar from $1,155.00 to $840.00 and set an “overweight” rating on the stock in a report on Monday, October 26th. Citigroup decreased their target price on shares of Caterpillar from $950.00 to $800.00 and set a “buy” rating for the company in a research note on Friday, October 30th. Needham & Company LLC set a $980.00 price target on Caterpillar in a research note on Thursday, September 10th. Finally, Royal Bank Of Canada decreased their price target on Caterpillar from $897.00 to $722.00 and set a “sector perform” rating for the company in a report on Friday, October 30th. Fifteen investment analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $898.25.

Insider Buying and Selling at Caterpillar

In other Caterpillar news, Director James C. Fish, Jr. purchased 1,000 shares of the stock in a transaction on Monday, November 2nd. The stock was acquired at an average price of $620.39 per share, with a total value of $620,390.00. Following the transaction, the director directly owned 4,714 shares of the company’s stock, valued at approximately $2,924,518.46. This trade represents a 26.93% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Joseph Creed sold 32,401 shares of the 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 sale, the chief executive officer owned 34,555 shares in the company, valued at $27,954,303.90. The trade was a 48.39% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.33% of the stock is currently owned by corporate insiders.

More Caterpillar News

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

Caterpillar Stock Up 1.0%

Shares of NYSE:CAT opened at $559.32 on Friday. The company has a 50 day moving average of $760.19 and a 200-day moving average of $806.23. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.42 and a quick ratio of 0.88. The stock has a market cap of $257.10 billion, a price-to-earnings ratio of 23.54, a P/E/G ratio of 1.05 and a beta of 1.65. Caterpillar Inc. has a one year low of $537.08 and a one year 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. The business had revenue of $20.68 billion for the quarter, compared to analyst estimates of $20.76 billion. Caterpillar had a return on equity of 59.87% and a net margin of 15.21%. Caterpillar’s quarterly revenue was up 17.3% compared to the same quarter last year. During the same period last year, the company posted $4.95 earnings per share. On average, sell-side analysts forecast that Caterpillar Inc. will post 27.62 earnings per share for the current year.

Caterpillar Dividend Announcement

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

Caterpillar 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.