Caterpillar Inc. $CAT Position Cut by Moody National Bank Trust Division

Moody National Bank Trust Division decreased its position in shares of Caterpillar Inc. (NYSE:CAT) by 25.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 2,480 shares of the industrial products company’s stock after selling 850 shares during the quarter. Moody National Bank Trust Division’s holdings in Caterpillar were worth $2,011,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. BlackRock Inc. acquired a new position in shares of Caterpillar in the 2nd quarter valued at $40,457,153,000. State Street Corp boosted its stake in Caterpillar by 4.0% during the 2nd quarter. State Street Corp now owns 36,276,960 shares of the industrial products company’s stock worth $37,120,529,000 after purchasing an additional 1,396,356 shares during the period. Bank of America Corp DE purchased a new position in Caterpillar during the 2nd quarter worth $5,818,150,000. Bank of New York Mellon Corp acquired a new position in Caterpillar in the second quarter valued at $3,192,710,000. Finally, Legal & General Group Plc purchased a new stake in shares of Caterpillar in the second quarter valued at about $2,783,451,000. 70.98% of the stock is owned by institutional investors and hedge funds.

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: AI data-center demand could support a rebound. Caterpillar lagged other AI-related stocks in the third quarter, but continued data-center construction, infrastructure investment and improving earnings estimates could help CAT recover in the fourth quarter. Buy Q3 AI Data Center Laggards CAT, GLW, JBL for a Rebound in Q4
• Positive Sentiment: Data-center and broader infrastructure tailwinds are real. The AI investment cycle is driving demand for data centers, electricity and related equipment, creating a potentially meaningful growth market for Caterpillar’s energy and power systems. AI Super-Cycle Fuels Record Infrastructure Investments: ETFs to Buy
• Positive Sentiment: End-market demand remains supportive. Analysts highlighted solid construction and mining conditions, infrastructure spending and steady factory orders as factors that could sustain Caterpillar’s growth despite inflation, tariffs and higher oil prices. 4 Stocks to Boost Your Portfolio on Steady Growth in Factory Orders
• Neutral Sentiment: Recent operating performance is strong. Caterpillar’s latest reported quarter produced record revenue of roughly $20.5 billion, with sales rising sharply year over year and earnings exceeding analyst expectations. Those results reinforce the company’s fundamental momentum. Caterpillar is a Great Business. But is CAT Stock a Great Buy?
• Negative Sentiment: Valuation may limit further upside. Despite the strong business outlook, one analysis concluded that CAT’s share price already reflects much of the data-center and infrastructure opportunity, making the stock too expensive for a more bullish rating. Caterpillar: Data Center Tailwinds Are Real, But The Valuation Is Too Steep For Me

Caterpillar Stock Performance

CAT traded up $15.90 during trading on Tuesday, reaching $864.04. The company’s stock had a trading volume of 1,971,275 shares, compared to its average volume of 2,818,174. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 1.37. The company’s fifty day moving average price is $821.77 and its 200-day moving average price is $851.07. Caterpillar Inc. has a 52-week low of $483.55 and a 52-week high of $1,073.46. The company has a market capitalization of $397.17 billion, a price-to-earnings ratio of 37.18, a price-to-earnings-growth ratio of 1.47 and a beta of 1.58.

Caterpillar (NYSE:CAT) last issued its earnings results on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.22 by $1.95. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%.The business had revenue of $20.54 billion during the quarter, compared to the consensus estimate of $19.34 billion. During the same period in the prior year, the business posted $4.72 EPS. The company’s revenue for the quarter was up 23.7% on a year-over-year basis. On average, equities analysts forecast that Caterpillar Inc. will post 27.37 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently weighed in on CAT. JPMorgan Chase & Co. increased their target price on shares of Caterpillar from $1,125.00 to $1,165.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 17th. Wall Street Zen downgraded Caterpillar from a “buy” rating to a “hold” rating in a research note on Saturday, September 26th. Citigroup reiterated a “buy” rating on shares of Caterpillar in a research note on Monday, September 14th. Sanford C. Bernstein reissued a “market perform” rating and issued a $1,002.00 target price on shares of Caterpillar in a report on Wednesday, August 5th. Finally, Royal Bank Of Canada upped their price target on Caterpillar from $877.00 to $897.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $989.17.

Insider Transactions at Caterpillar

In other Caterpillar news, CEO Joseph E. Creed sold 32,401 shares of the firm’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $808.98, for a total value of $26,211,760.98. Following the completion of the sale, the chief executive officer owned 34,555 shares of the company’s stock, valued at approximately $27,954,303.90. This trade represents a 48.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.33% of the company’s stock.

Caterpillar Company Profile

Caterpillar Inc is a global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Its products are used in infrastructure development, construction, mining, energy production, transportation, agriculture, forestry, and other industrial applications.

The company markets equipment and related services through a worldwide network of independent dealers. Its operations are generally organized around Construction Industries, Resource Industries, and Energy & Transportation.