Pacer Advisors Inc. Cuts Stake in Caterpillar Inc. $CAT

Pacer Advisors Inc. cut its stake in Caterpillar Inc. (NYSE:CAT) by 32.6% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 28,626 shares of the industrial products company’s stock after selling 13,832 shares during the period. Pacer Advisors Inc.’s holdings in Caterpillar were worth $20,280,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of CAT. Pacific Point Advisors LLC acquired a new position in Caterpillar in the fourth quarter valued at $579,000. Brighton Jones LLC increased its stake in Caterpillar by 51.5% during the fourth quarter. Brighton Jones LLC now owns 7,409 shares of the industrial products company’s stock worth $2,688,000 after acquiring an additional 2,519 shares during the last quarter. United Bank raised its holdings in shares of Caterpillar by 108.5% in the 2nd quarter. United Bank now owns 4,083 shares of the industrial products company’s stock worth $1,585,000 after purchasing an additional 2,125 shares during the period. Schnieders Capital Management LLC. lifted its stake in shares of Caterpillar by 3.9% in the 2nd quarter. Schnieders Capital Management LLC. now owns 9,147 shares of the industrial products company’s stock valued at $3,551,000 after purchasing an additional 347 shares in the last quarter. Finally, Alliancebernstein L.P. grew its holdings in shares of Caterpillar by 6.5% during the 2nd quarter. Alliancebernstein L.P. now owns 572,165 shares of the industrial products company’s stock worth $222,120,000 after purchasing an additional 34,846 shares during the period. Institutional investors and hedge funds own 70.98% of the company’s stock.

Insider Buying and Selling at Caterpillar

In other Caterpillar news, insider Lange Bob De sold 24,222 shares of the company’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $922.92, for a total value of $22,354,968.24. Following the completion of the transaction, the insider directly owned 86,029 shares of the company’s stock, valued at $79,397,884.68. This represents a 21.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Andrew R. J. Bonfield sold 15,674 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $918.71, for a total value of $14,399,860.54. Following the sale, the chief financial officer owned 52,935 shares of the company’s stock, valued at $48,631,913.85. This represents a 22.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 84,492 shares of company stock worth $77,567,548. 0.33% of the stock is currently owned by insiders.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analysts expect strong year-over-year growth, with consensus estimates calling for approximately $6.22 in adjusted earnings per share, up from $4.72 a year earlier, and about $19.2 billion in revenue. A beat or bullish outlook could support the stock. Caterpillar Earnings Are Coming. Only 1 Thing Matters.
• Positive Sentiment: Caterpillar’s order backlog reportedly reached a record $63 billion. Investors will look for evidence that AI data-center construction and related power demand are continuing to generate new orders. Caterpillar’s Order Backlog Hit a Record $63 Billion
• Positive Sentiment: Compared with cash-burning growth companies, Caterpillar is being highlighted for converting revenue into substantial free cash flow, reinforcing its appeal as a financially mature industrial and AI-infrastructure beneficiary. Rocket Lab vs. Caterpillar
• Positive Sentiment: Waste Management is expanding collaboration with Caterpillar to test autonomous heavy equipment at landfills, providing another potential technology and equipment growth opportunity. WM’s Landfill of the Future Advances Towards Autonomous Equipment Testing
• Neutral Sentiment: The earnings release is the primary near-term catalyst. Investors will focus on orders, margins, tariff effects and management’s outlook rather than the headline EPS figure alone. Caterpillar Q2 2026 Earnings Preview
• Negative Sentiment: The stock has recently been pressured in an AI-related selloff, leaving Caterpillar’s earnings and guidance under heightened scrutiny. Its premium valuation and potential tariff impact could amplify any disappointment. Caterpillar Faces Earnings Test After AI Selloff Hits Stock

Caterpillar Stock Up 2.3%

NYSE CAT opened at $833.47 on Tuesday. The company has a quick ratio of 0.81, a current ratio of 1.35 and a debt-to-equity ratio of 1.64. Caterpillar Inc. has a fifty-two week low of $405.46 and a fifty-two week high of $1,073.46. The business has a 50 day moving average price of $923.52 and a two-hundred day moving average price of $814.19. The stock has a market cap of $383.89 billion, a PE ratio of 41.49, a P/E/G ratio of 1.59 and a beta of 1.60.

Caterpillar Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Monday, July 20th will be paid a $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 0.8%. This is a boost from Caterpillar’s previous quarterly dividend of $1.51. The ex-dividend date is Monday, July 20th. Caterpillar’s payout ratio is currently 32.45%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on CAT. Daiwa Securities Group raised their price target on shares of Caterpillar from $790.00 to $900.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Erste Group Bank lowered shares of Caterpillar from a “buy” rating to a “hold” rating in a research report on Monday, July 27th. Weiss Ratings reissued a “buy (b-)” rating on shares of Caterpillar in a research note on Friday, May 8th. HSBC lifted their target price on shares of Caterpillar from $850.00 to $1,100.00 in a report on Tuesday, May 5th. Finally, 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 report on Tuesday, June 23rd. Thirteen research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to MarketBeat, Caterpillar currently has an average rating of “Moderate Buy” and a consensus price target of $966.29.

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.