Caterpillar (NYSE:CAT) Shares Up 1.1% – Here’s What Happened

Caterpillar Inc. (NYSE:CAT)’s stock price was up 1.1% during mid-day trading on Thursday . The company traded as high as $762.00 and last traded at $760.0760. Approximately 2,902,647 shares traded hands during mid-day trading, a decline of 3% from the average daily volume of 3,006,239 shares. The stock had previously closed at $751.97.

Key Headlines Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar completed the acquisition of RPMGlobal, expanding its mining software and data‑driven solutions—a move that supports higher‑margin recurring revenue and digital services growth. Caterpillar Bolsters Mining Technology Solutions with RPMGlobal Acquisition
• Positive Sentiment: Caterpillar (through VC and partners) is backing a 1GWh LFP battery cell mega‑factory in Subotica and a related Series B close for ElevenEs—signaling a push into electrification and battery supply that supports long‑term power systems and e‑equipment demand. ElevenEs Series B Close Backed by Caterpillar VC
• Positive Sentiment: Analysis is highlighting Caterpillar’s exposure to AI/data‑center infrastructure demand (generators, power systems, electrification), which could provide an incremental secular tailwind for equipment and power solutions. Can AI Infrastructure Spending Keep CAT Stock Climbing?
• Neutral Sentiment: Caterpillar presented at Barclays’ industrial conference and will do a CONEXPO fireside chat—these provide updated management color on demand, margins and capital allocation but are not immediate earnings shocks. Barclays Conference Transcript CONEXPO Fireside Chat
• Neutral Sentiment: Coverage noting CAT’s outperformance in the Dow and comparisons vs. Deere is keeping the stock on investor radars—affects flows and sentiment but not fundamentals immediately. Caterpillar Leads the Dow in 2026
• Negative Sentiment: Multiple insider sales: CAO William Schaupp and Group President Rod Shurman recently sold sizable portions of their holdings, and senior insider Anthony Fassino sold a large block—these filings can create short‑term selling pressure and investor concern. SEC Filing – William E. Schaupp Sale SEC Filing – Rodney M. Shurman Sale SEC Filing – Anthony D. Fassino Sale
• Negative Sentiment: Zacks trimmed Q2 EPS estimates for Caterpillar, indicating softer near‑term earnings expectations that could weigh on the shares until guidance or results improve. Q2 EPS Estimates Lowered by Zacks

Analysts Set New Price Targets

CAT has been the subject of a number of analyst reports. Bank of America boosted their price target on Caterpillar from $735.00 to $825.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Morgan Stanley boosted their target price on Caterpillar from $400.00 to $425.00 and gave the stock an “underweight” rating in a report on Tuesday, February 3rd. Royal Bank Of Canada upped their target price on Caterpillar from $587.00 to $658.00 and gave the stock a “sector perform” rating in a research report on Friday, January 30th. Rothschild & Co Redburn lifted their price target on shares of Caterpillar from $650.00 to $700.00 and gave the company a “neutral” rating in a research report on Wednesday, February 4th. Finally, Evercore upped their price objective on shares of Caterpillar from $476.00 to $630.00 and gave the stock an “outperform” rating in a report on Monday, November 17th. Sixteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $702.95.

Caterpillar Trading Up 1.1%

The business’s fifty day simple moving average is $643.83 and its two-hundred day simple moving average is $548.14. The company has a current ratio of 1.44, a quick ratio of 0.94 and a debt-to-equity ratio of 1.44. The stock has a market capitalization of $353.66 billion, a P/E ratio of 40.39, a P/E/G ratio of 1.81 and a beta of 1.58.

Caterpillar (NYSE:CAT) last announced its quarterly earnings data on Thursday, January 29th. The industrial products company reported $5.16 EPS for the quarter, beating analysts’ consensus estimates of $4.67 by $0.49. Caterpillar had a net margin of 13.14% and a return on equity of 45.76%. The business had revenue of $19.13 billion during the quarter, compared to analyst estimates of $17.81 billion. During the same quarter in the prior year, the business earned $5.14 earnings per share. The firm’s revenue for the quarter was up 17.9% on a year-over-year basis. As a group, analysts forecast that Caterpillar Inc. will post 19.86 earnings per share for the current year.

Caterpillar Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 19th. Stockholders of record on Tuesday, January 20th will be issued a dividend of $1.51 per share. This represents a $6.04 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, January 20th. Caterpillar’s dividend payout ratio (DPR) is presently 32.09%.

Insider Buying and Selling at Caterpillar

In related news, insider Denise C. Johnson sold 39,138 shares of the firm’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $681.08, for a total value of $26,656,109.04. Following the completion of the transaction, the insider directly owned 43,350 shares of the company’s stock, valued at $29,524,818. This trade represents a 47.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Rodney Michael Shurman sold 1,764 shares of the stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $763.39, for a total transaction of $1,346,619.96. Following the completion of the transaction, the insider owned 1,440 shares of the company’s stock, valued at approximately $1,099,281.60. This represents a 55.06% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 141,172 shares of company stock valued at $96,514,673 in the last quarter. 0.33% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Caterpillar

Large investors have recently modified their holdings of the stock. Torren Management LLC acquired a new stake in shares of Caterpillar in the 4th quarter valued at $27,000. Frazier Financial Advisors LLC lifted its holdings in Caterpillar by 220.0% during the 4th quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 33 shares during the last quarter. IFS Advisors LLC acquired a new position in Caterpillar in the fourth quarter valued at about $31,000. Cornerstone Financial Management LLC acquired a new stake in shares of Caterpillar during the fourth quarter worth approximately $32,000. Finally, Rialto Wealth Management LLC boosted its holdings in shares of Caterpillar by 47.4% in the 4th quarter. Rialto Wealth Management LLC now owns 56 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 18 shares in the last quarter. 70.98% of the stock is currently owned by institutional investors.

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.