UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduces Stock Position in Caterpillar Inc. $CAT

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its holdings in Caterpillar Inc. (NYSE:CAT) by 3.5% during the second quarter, Holdings Channel reports. The institutional investor owned 3,153,638 shares of the industrial products company’s stock after selling 113,895 shares during the period. Caterpillar makes up about 0.6% of UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings, making the stock its 24th largest position. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Caterpillar were worth $3,358,309,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. New Mexico Educational Retirement Board boosted its stake in Caterpillar by 5.5% in the second quarter. New Mexico Educational Retirement Board now owns 23,102 shares of the industrial products company’s stock valued at $24,601,000 after acquiring an additional 1,200 shares in the last quarter. Mufg Securities Americas Inc. grew its position in shares of Caterpillar by 7.8% during the second quarter. Mufg Securities Americas Inc. now owns 13,873 shares of the industrial products company’s stock worth $14,773,000 after acquiring an additional 1,001 shares during the last quarter. Ferguson Wellman Capital Management Inc. increased its holdings in shares of Caterpillar by 0.9% in the 2nd quarter. Ferguson Wellman Capital Management Inc. now owns 20,146 shares of the industrial products company’s stock valued at $21,453,000 after acquiring an additional 174 shares during the period. Nissay Asset Management Corp Japan raised its position in Caterpillar by 2.5% in the 2nd quarter. Nissay Asset Management Corp Japan now owns 63,656 shares of the industrial products company’s stock valued at $67,787,000 after purchasing an additional 1,537 shares during the last quarter. Finally, Braun Stacey Associates Inc. boosted its stake in Caterpillar by 3.1% during the 2nd quarter. Braun Stacey Associates Inc. now owns 40,049 shares of the industrial products company’s stock worth $42,648,000 after purchasing an additional 1,220 shares during the period. 70.98% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Caterpillar

In other news, CEO Joseph E. Creed sold 32,401 shares of the stock in a transaction dated 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 $27,954,303.90. This trade represents a 48.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.33% of the stock is currently owned by company insiders.

Caterpillar Stock Down 0.7%

CAT opened at $816.41 on Thursday. 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 Inc. has a 12 month low of $419.50 and a 12 month high of $1,073.46. The stock has a market capitalization of $375.28 billion, a P/E ratio of 35.13, a P/E/G ratio of 1.43 and a beta of 1.60. The business has a 50 day simple moving average of $859.73 and a 200-day simple moving average of $840.13.

Caterpillar (NYSE:CAT) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analysts’ expectations of $19.34 billion. During the same quarter in the prior year, the business posted $4.72 earnings per share. Caterpillar’s revenue was up 23.7% compared to the same quarter last year. On average, equities analysts anticipate that Caterpillar Inc. will post 27.37 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have commented on CAT shares. Oppenheimer restated an “outperform” rating and issued a $1,118.00 price objective on shares of Caterpillar in a research note on Tuesday, August 4th. JPMorgan Chase & Co. raised their price target on Caterpillar from $1,125.00 to $1,165.00 and gave the stock an “overweight” rating in a report on Wednesday, June 17th. Royal Bank Of Canada boosted their price target on Caterpillar from $877.00 to $897.00 and gave the company a “sector perform” rating in a research report on Wednesday, August 5th. Erste Group Bank cut Caterpillar from a “buy” rating to a “hold” rating in a research report on Monday, July 27th. Finally, DA Davidson lifted their target price on Caterpillar from $845.00 to $882.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. 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. Based on data from MarketBeat, Caterpillar presently has an average rating of “Moderate Buy” and a consensus target price of $995.52.

Key Headlines Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analysts raised earnings estimates across multiple periods. Zacks Research increased its forecasts for Q3 2026, FY2026, FY2027, Q1–Q4 2027, Q2 2028 and FY2028. Its FY2027 estimate rose to $31.43 per share from $30.14, while its FY2028 forecast increased to $36.64 from $35.97. Zacks maintained a “Strong Buy” rating. MarketBeat Caterpillar analyst estimates
• Positive Sentiment: AI and automation remain a growth catalyst. Caterpillar’s collaboration with FieldAI is intended to advance physical AI, autonomous equipment and robotics, potentially improving customer safety and efficiency while creating new technology-driven revenue opportunities. Caterpillar FieldAI partnership
• Positive Sentiment: Industrial and manufacturing trends support demand. Lean inventories and continued U.S. production growth are cited as reasons Caterpillar remains attractive among industrial stocks. Piper Sandler also identifies Caterpillar as a potential beneficiary of a rotation from high-priced AI leaders toward industrial companies. U.S. manufacturing growth stocks
• Neutral Sentiment: CAT has significantly outperformed over the past year. Coverage highlights a record backlog, strong earnings and an improved 2026 outlook, but compares Caterpillar’s performance with other industrial-product companies rather than providing a new company-specific catalyst. Caterpillar buy sell or hold analysis
• Negative Sentiment: Valuation and interest-rate risks remain concerns. CAT trades at a high earnings multiple after its substantial rally. Piper Sandler cautions that a move in the 10-year Treasury yield above roughly 4.80% could challenge the industrial-rotation thesis and pressure rate-sensitive valuations. Piper Sandler industrial stocks and Treasury yields

Caterpillar Company Profile

Caterpillar Inc is a global manufacturer of construction, mining, and industrial equipment. The company’s products include excavators, dozers, wheel loaders, motor graders, articulated trucks, and off-highway trucks, as well as related attachments and work tools. Caterpillar also supplies replacement parts, equipment services, technology solutions, and rental support through its dealer network.

The company serves customers in construction, mining, quarrying, energy, transportation, forestry, agriculture, and government-related industries.