Caterpillar (NYSE:CAT) Price Target Raised to $700.00 at Barclays

Caterpillar (NYSE:CAT) had its target price upped by Barclays from $625.00 to $700.00 in a report released on Tuesday morning,MarketScreener reports. Barclays currently has an equal weight rating on the industrial products company’s stock.

CAT has been the topic of several other research reports. CICC Research initiated coverage on Caterpillar in a research note on Friday, February 6th. They set an “outperform” rating on the stock. HSBC increased their price target on shares of Caterpillar from $660.00 to $850.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. JPMorgan Chase & Co. boosted their price objective on shares of Caterpillar from $765.00 to $860.00 and gave the company an “overweight” rating in a research report on Wednesday, March 4th. Jefferies Financial Group upped their price objective on shares of Caterpillar from $785.00 to $825.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Finally, UBS Group reiterated a “neutral” rating and issued a $677.00 target price on shares of Caterpillar in a research report on Monday, February 2nd. Sixteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $737.55.

Caterpillar Stock Up 3.5%

NYSE:CAT traded up $24.79 during trading hours on Tuesday, hitting $733.25. 757,749 shares of the stock traded hands, compared to its average volume of 2,839,061. The firm has a 50 day moving average price of $710.65 and a 200 day moving average price of $609.31. The firm has a market cap of $341.17 billion, a price-to-earnings ratio of 38.96, a PEG ratio of 1.57 and a beta of 1.53. Caterpillar has a fifty-two week low of $267.30 and a fifty-two week high of $789.81. The company has a current ratio of 1.44, a quick ratio of 0.94 and a debt-to-equity ratio of 1.44.

Caterpillar (NYSE:CAT) last issued its earnings results on Thursday, January 29th. The industrial products company reported $5.16 EPS for the quarter, topping the consensus estimate of $4.67 by $0.49. The business had revenue of $19.13 billion during the quarter, compared to analysts’ expectations of $17.81 billion. Caterpillar had a return on equity of 45.76% and a net margin of 13.14%.Caterpillar’s revenue was up 17.9% compared to the same quarter last year. During the same quarter last year, the firm posted $5.14 earnings per share. Equities research analysts anticipate that Caterpillar will post 19.86 earnings per share for the current year.

Insider Transactions at Caterpillar

In other Caterpillar news, insider Anthony D. Fassino sold 10,671 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $680.45, for a total value of $7,261,081.95. Following the completion of the sale, the insider directly owned 41,151 shares of the company’s stock, valued at $28,001,197.95. The trade was a 20.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Rodney Michael Shurman sold 2,278 shares of the stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $759.61, for a total transaction of $1,730,391.58. Following the transaction, the insider owned 1,443 shares in the company, valued at approximately $1,096,117.23. This trade represents a 61.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 125,950 shares of company stock valued at $88,577,390 in the last ninety days. 0.33% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Caterpillar

Several hedge funds have recently bought and sold shares of the business. Kilter Group LLC bought a new stake in shares of Caterpillar during the 2nd quarter worth about $27,000. Torren Management LLC bought a new position in shares of Caterpillar in the 4th quarter valued at approximately $27,000. Marquette Asset Management LLC lifted its holdings in Caterpillar by 1,060.0% in the 3rd quarter. Marquette Asset Management LLC now owns 58 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 53 shares during the last quarter. Frazier Financial Advisors LLC lifted its holdings in Caterpillar by 220.0% in the 4th quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 33 shares during the last quarter. Finally, IFS Advisors LLC bought a new stake in Caterpillar during the fourth quarter worth approximately $31,000. 70.98% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar’s share gains helped drive large Dow rallies, reflecting broad risk-on sentiment that’s lifting industrial names as markets recover. NVIDIA Corp., Caterpillar share gains contribute to Dow’s nearly 800-point rally
• Positive Sentiment: Stocks including Caterpillar jumped after reports of easing Middle East tensions and stabilizing oil prices, a tailwind for industrial demand and equipment spending. Vertiv, Flowserve, EMCOR, Terex, and Caterpillar Shares Are Soaring, What You Need To Know
• Positive Sentiment: Analysts and media are highlighting Caterpillar’s growing exposure to AI/data-center infrastructure (large natural-gas generator business), which supports a re-rating narrative beyond traditional construction equipment. Is Caterpillar (CAT) The Best Data Center Stock in Bill Gates’ Latest Portfolio?
• Neutral Sentiment: A 2025 U.S. corporate tax-law change will lower Caterpillar’s cash tax payments (accelerated deductions) but raise its reported book tax rate — boosting near-term free cash flow while making year-to-year EPS comparisons and tax-rate optics more complex. This affects valuation modelling and financial planning. Caterpillar Tax Shift Boosts Cash While Clouding Earnings Picture For Investors
• Negative Sentiment: Caterpillar experienced sharp intraday weakness recently (a ~4% drop noted on March 30), highlighting volatility tied to geopolitical headlines and macro swings — a risk for short-term holders. Caterpillar (CAT) Registers a Bigger Fall Than the Market: Important Facts to Note
• Negative Sentiment: Earlier volatility came as markets reacted to sharper geopolitical threats (threats to Iran’s energy infrastructure), which can quickly reverse risk appetite and weigh on industrial cyclicals like CAT. Caterpillar, Thermon, Enpro, Methode Electronics, and Mobileye Shares Plummet, What You Need To Know

About Caterpillar

Caterpillar Inc is a global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and locomotives. The company’s product portfolio includes earthmoving machines such as excavators, bulldozers, wheel loaders and off‑highway trucks, as well as a range of power generation products including generator sets and power systems for industrial and commercial use. Caterpillar serves customers across heavy construction, mining, energy, transportation and related industries with both equipment and integrated technology solutions.

In addition to manufacturing, Caterpillar provides a broad range of aftermarket parts and support services, including maintenance, repair, remanufacturing and fleet management tools.