Caterpillar Inc. $CAT Stock Holdings Cut by Spartan Planning & Wealth Management

Spartan Planning & Wealth Management trimmed its position in shares of Caterpillar Inc. (NYSE:CAT) by 63.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 413 shares of the industrial products company’s stock after selling 706 shares during the period. Spartan Planning & Wealth Management’s holdings in Caterpillar were worth $335,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Fagan Associates Inc. increased its position in Caterpillar by 29.6% in the 3rd quarter. Fagan Associates Inc. now owns 2,270 shares of the industrial products company’s stock worth $1,841,000 after buying an additional 518 shares during the period. Lineweaver Wealth Advisors LLC boosted its position in shares of Caterpillar by 2.8% in the third quarter. Lineweaver Wealth Advisors LLC now owns 2,689 shares of the industrial products company’s stock valued at $2,180,000 after acquiring an additional 72 shares during the period. Forvis Mazars Wealth Advisors LLC boosted its position in shares of Caterpillar by 1.9% in the third quarter. Forvis Mazars Wealth Advisors LLC now owns 19,590 shares of the industrial products company’s stock valued at $15,883,000 after acquiring an additional 371 shares during the period. Courier Capital LLC boosted its position in shares of Caterpillar by 29.2% in the third quarter. Courier Capital LLC now owns 7,962 shares of the industrial products company’s stock valued at $6,456,000 after acquiring an additional 1,801 shares during the period. Finally, Downshift Financial LLC grew its stake in shares of Caterpillar by 12.6% in the third quarter. Downshift Financial LLC now owns 205 shares of the industrial products company’s stock worth $165,000 after acquiring an additional 23 shares during the last quarter. 70.98% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Citigroup dropped their target price on shares of Caterpillar from $1,100.00 to $950.00 and set a “buy” rating on the stock in a research report on Monday. Barclays increased their price target on shares of Caterpillar from $800.00 to $900.00 and gave the company an “equal weight” rating in a report on Thursday, August 6th. Sanford C. Bernstein reissued a “market perform” rating and issued a $1,002.00 price target on shares of Caterpillar in a report on Wednesday, August 5th. Zacks Research lowered shares of Caterpillar from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. Finally, UBS Group boosted their price objective on shares of Caterpillar from $900.00 to $925.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Fifteen investment analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $982.92.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar announced a planned $1 billion U.S. investment in compact construction equipment, supporting domestic manufacturing capacity and potentially strengthening its long-term position in construction markets. Caterpillar announces $1B US compact equipment investment
• Positive Sentiment: Caterpillar continues to be viewed as a dividend-paying way to gain exposure to AI-related infrastructure spending, including data-center construction and power generation. 3 Dividend Paying Stocks Offering AI Exposure
• Neutral Sentiment: First-half 2026 revenue reportedly increased 23% to approximately $38 billion, helped by infrastructure and data-center demand. However, higher dealer inventories raise questions about how much future growth may come from restocking versus underlying end-market demand. Caterpillar (CAT): Can Earnings Keep Growing After Dealers Stop Restocking?
• Negative Sentiment: Citi and Truist reportedly lowered their price targets, while Caterpillar’s move below key technical support has intensified selling pressure and raised concerns about further downside. Caterpillar stock drops below key support as Citi, Truist slashes target
• Negative Sentiment: The market’s premium valuation for Caterpillar’s data-center power business is unwinding, with investors rotating toward peers such as Deere and questioning whether AI-related infrastructure demand can justify previous expectations. Caterpillar Sinks 5% as Deere Edges Higher
• Negative Sentiment: Caterpillar’s weakness was also cited as a contributor to the Dow’s decline, adding broader market pressure to the stock’s company-specific concerns. Johnson & Johnson, Caterpillar share losses contribute to Dow’s fall

Insider Transactions at Caterpillar

In other Caterpillar news, CEO Joseph E. Creed sold 32,401 shares of the business’s 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 of the company’s stock, valued at $27,954,303.90. The trade was a 48.39% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.33% of the stock is owned by company insiders.

Caterpillar Stock Performance

Shares of NYSE:CAT traded down $26.95 during trading on Tuesday, hitting $772.42. 3,599,812 shares of the stock were exchanged, compared to its average volume of 2,814,800. Caterpillar Inc. has a 1-year low of $499.01 and a 1-year high of $1,073.46. The company has a market capitalization of $355.06 billion, a price-to-earnings ratio of 33.24, a price-to-earnings-growth ratio of 1.38 and a beta of 1.58. The company’s fifty day simple moving average is $819.49 and its 200-day simple moving average is $855.64. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 1.37.

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, beating analysts’ consensus estimates of $6.22 by $1.95. The business had revenue of $20.54 billion for the quarter, compared to analysts’ expectations of $19.34 billion. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%. Caterpillar’s quarterly revenue was up 23.7% on a year-over-year basis. During the same period in the previous year, the business posted $4.72 earnings per share. Sell-side analysts expect that Caterpillar Inc. will post 27.49 EPS for the current fiscal year.

Caterpillar 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.