Investment Partners LTD. Buys 1,566 Shares of Caterpillar Inc. $CAT

Investment Partners LTD. raised its stake in shares of Caterpillar Inc. (NYSE:CAT) by 46.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,972 shares of the industrial products company’s stock after acquiring an additional 1,566 shares during the quarter. Investment Partners LTD.’s holdings in Caterpillar were worth $4,030,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in shares of Caterpillar during the second quarter worth about $40,457,153,000. State Street Corp grew its stake in Caterpillar by 4.0% in the second 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 in the last quarter. Bank of America Corp DE bought a new stake in Caterpillar in the second quarter valued at about $5,818,150,000. Bank of New York Mellon Corp bought a new stake in Caterpillar in the second quarter valued at about $3,192,710,000. Finally, Legal & General Group Plc acquired a new stake in Caterpillar during the second quarter valued at approximately $2,783,451,000. 70.98% of the stock is owned by institutional investors and hedge funds.

Caterpillar Stock Performance

Shares of CAT stock opened at $622.73 on Friday. The company has a market cap of $286.25 billion, a P/E ratio of 24.43, a PEG ratio of 1.07 and a beta of 1.58. The business has a 50 day moving average of $783.25 and a two-hundred day moving average of $807.52. Caterpillar Inc. has a 52 week low of $537.08 and a 52 week high of $1,073.46. The company has a quick ratio of 0.85, a current ratio of 1.42 and a debt-to-equity ratio of 1.50.

Caterpillar (NYSE:CAT) last announced its quarterly earnings results on Thursday, October 29th. The industrial products company reported $7.20 earnings per share for the quarter, topping analysts’ consensus estimates of $7.06 by $0.14. The business had revenue of $20.68 billion for the quarter, compared to analysts’ expectations of $20.76 billion. Caterpillar had a return on equity of 59.87% and a net margin of 15.21%. The business’s quarterly revenue was up 17.3% on a year-over-year basis. During the same period in the prior year, the firm earned $4.95 EPS. As a group, analysts anticipate that Caterpillar Inc. will post 27.75 EPS for the current year.

Caterpillar Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Shareholders of record on Monday, October 26th will be given a $1.63 dividend. The ex-dividend date of this dividend is Monday, October 26th. This represents a $6.52 annualized dividend and a yield of 1.0%. Caterpillar’s dividend payout ratio (DPR) is currently 25.58%.

Insiders Place Their Bets

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 sale, the chief executive officer directly owned 34,555 shares in the company, 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 filing with the SEC, which can be accessed through this link. 0.33% of the stock is owned by corporate insiders.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar reported third-quarter sales and revenues of approximately $20.7 billion, up 17% year over year, while adjusted earnings per share of $7.20 exceeded the $7.06 consensus estimate. Power-generation sales increased 30%, helped by data-center demand, and the company reported a record $78.1 billion backlog. Caterpillar Reports Third-Quarter 2026 Results
• Positive Sentiment: Truist Financial reaffirmed its “buy” rating, while Citigroup maintained a “buy” rating despite lowering its price target to $800. Both targets remain above the current trading level, suggesting some analysts see substantial long-term upside.
• Neutral Sentiment: Bank of America said Caterpillar’s earnings power remains intact, and analysts expect revenue and EPS growth as the backlog converts. However, the backlog may extend into 2029–2030, meaning investors could wait longer for the full financial benefit.
• Negative Sentiment: Management left its annual growth outlook unchanged and indicated only “moderate” fourth-quarter revenue growth. Investors had expected a stronger forecast or an upgrade, so the unchanged guidance overshadowed the earnings beat. Caterpillar Tops Quarterly Profit View
• Negative Sentiment: Revenue came in slightly below consensus, while tariff expenses and rising inventories added to concerns about costs, demand timing and near-term margins.
• Negative Sentiment: Several firms reduced their targets: Morgan Stanley cut its target to $675 and rated CAT “equal weight,” RBC lowered its target to $722 with a “sector perform” rating, and Truist reduced its target to $1,027. These cuts reinforce concerns that the stock’s premium valuation had become difficult to justify without faster growth.

Analyst Upgrades and Downgrades

A number of research firms have commented on CAT. Robert W. Baird set a $970.00 target price on Caterpillar in a report on Wednesday, August 5th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $749.00 price target on shares of Caterpillar in a report on Wednesday, October 14th. Royal Bank Of Canada dropped their price target on Caterpillar from $897.00 to $722.00 and set a “sector perform” rating on the stock in a research report on Friday. Erste Group Bank cut Caterpillar from a “buy” rating to a “hold” rating in a research note on Monday, July 27th. Finally, Truist Financial reiterated a “buy” rating and set a $1,027.00 target price (down from $1,100.00) on shares of Caterpillar in a research note on Friday. Fifteen analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to data from MarketBeat, Caterpillar presently has an average rating of “Moderate Buy” and a consensus target price of $913.96.

Caterpillar Company 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.