963 Caterpillar Inc. $CAT Shares Acquired by Choreo LLC

Choreo LLC raised its position in shares of Caterpillar Inc. (NYSE:CAT) by 3.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,369 shares of the industrial products company’s stock after acquiring an additional 963 shares during the period. Choreo LLC’s holdings in Caterpillar were worth $20,569,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Elwood & Goetz Wealth Advisory Group LLC raised its position in Caterpillar by 10.8% during the third quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 1,395 shares of the industrial products company’s stock valued at $1,131,000 after purchasing an additional 136 shares during the period. China Universal Asset Management Co. Ltd. lifted its stake in shares of Caterpillar by 13.3% in the 3rd quarter. China Universal Asset Management Co. Ltd. now owns 2,060 shares of the industrial products company’s stock valued at $1,703,000 after purchasing an additional 242 shares during the last quarter. D.A. Davidson & CO. boosted its holdings in shares of Caterpillar by 4.3% in the 3rd quarter. D.A. Davidson & CO. now owns 81,061 shares of the industrial products company’s stock worth $65,724,000 after purchasing an additional 3,375 shares during the period. North Dakota State Investment Board boosted its holdings in shares of Caterpillar by 3.9% in the 3rd quarter. North Dakota State Investment Board now owns 13,912 shares of the industrial products company’s stock worth $11,280,000 after purchasing an additional 523 shares during the period. Finally, Beacon Bank & Trust increased its position in shares of Caterpillar by 1.6% during the 3rd quarter. Beacon Bank & Trust now owns 6,105 shares of the industrial products company’s stock valued at $4,950,000 after purchasing an additional 96 shares during the last quarter. 70.98% of the stock is currently owned by institutional investors.

Caterpillar Price Performance

Shares of CAT stock opened at $647.22 on Friday. Caterpillar Inc. has a 52-week low of $537.08 and a 52-week high of $1,073.46. 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 firm has a market capitalization of $297.51 billion, a P/E ratio of 27.85, a P/E/G ratio of 1.22 and a beta of 1.58. The stock has a 50 day moving average price of $787.07 and a 200 day moving average price of $807.56.

Caterpillar (NYSE:CAT) last posted its quarterly earnings data on Thursday, October 29th. The industrial products company reported $7.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.06 by $0.14. The company had revenue of $20.68 billion during the quarter, compared to analysts’ expectations of $20.76 billion. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%. Caterpillar’s revenue was up 17.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.95 EPS. As a group, sell-side analysts predict that Caterpillar Inc. will post 27.74 earnings per share for the current year.

Caterpillar Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Stockholders of record on Monday, October 26th will be paid a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Monday, October 26th. Caterpillar’s payout ratio is currently 28.06%.

Analysts Set New Price Targets

Several research analysts have commented on CAT shares. Robert W. Baird set a $970.00 price objective on shares of Caterpillar in a research note on Wednesday, August 5th. Barclays increased their target price on shares of Caterpillar from $800.00 to $900.00 and gave the company an “equal weight” rating in a research note on Thursday, August 6th. UBS Group lowered their target price on shares of Caterpillar from $925.00 to $750.00 and set a “neutral” rating for the company in a report on Monday. Weiss Ratings raised shares of Caterpillar from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, October 14th. Finally, DA Davidson lifted their price target on shares of Caterpillar from $845.00 to $882.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. Fifteen equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat, Caterpillar has a consensus rating of “Moderate Buy” and an average target price of $947.42.

Key Headlines Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar reported third-quarter sales and revenue of $20.7 billion, up 17% year over year, while adjusted earnings per share of $7.20 exceeded analysts’ $7.06 estimate. Caterpillar Reports Third-Quarter 2026 Results
• Positive Sentiment: Demand tied to data-center and power-generation infrastructure remained strong. Power-generation sales rose about 30%, and Caterpillar highlighted a record $78.1 billion backlog, supporting longer-term growth prospects. Caterpillar Q3 2026 Earnings Call Transcript
• Positive Sentiment: The company deployed $2.0 billion toward share repurchases and dividends during the quarter, providing shareholder returns alongside strong profit growth. Caterpillar Reports Third-Quarter 2026 Results
• Neutral Sentiment: Management maintained its annual sales outlook and expects only “moderate” revenue growth in the fourth quarter. This signals continued demand but offers little upside relative to the elevated expectations embedded in CAT’s valuation. Caterpillar Revenue Miss, Outlook Digs Hole for Dow Jones Industrial Average
• Negative Sentiment: Revenue of $20.68 billion fell slightly short of the roughly $20.76 billion consensus forecast. Investors also cited rising inventories, tariff-related costs and capacity constraints, making the earnings beat less persuasive and raising concerns about near-term margins and growth. Caterpillar Stock Slides After Missing Revenue Forecasts

Insider Activity

In other news, CEO Joseph E. Creed sold 32,401 shares of the company’s 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 transaction, the chief executive officer directly owned 34,555 shares in the company, valued at approximately $27,954,303.90. This represents a 48.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.33% of the company’s stock.

Caterpillar Profile

Caterpillar Inc is a manufacturer of construction, mining, and industrial equipment. Its product portfolio includes excavators, bulldozers, wheel loaders, motor graders, articulated trucks, and other machinery used in construction, infrastructure development, mining, quarrying, forestry, and related industries. The company also produces diesel and natural gas engines, industrial gas turbines, generator sets, and other power-generation and transportation equipment.

Caterpillar operates through businesses focused on construction industries, resource industries, and energy and transportation.