Caterpillar Inc. $CAT Shares Sold by CGN Advisors LLC

CGN Advisors LLC reduced its holdings in Caterpillar Inc. (NYSE:CAT) by 20.7% during the 2nd quarter, Holdings Channel reports. The firm owned 3,662 shares of the industrial products company’s stock after selling 953 shares during the quarter. CGN Advisors LLC’s holdings in Caterpillar were worth $3,899,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in CAT. Lam Group Inc. purchased a new position in shares of Caterpillar during the 1st quarter valued at approximately $26,000. Torren Management LLC purchased a new stake in Caterpillar in the 4th quarter worth $27,000. Frazier Financial Advisors LLC raised its position in Caterpillar by 220.0% during the fourth quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 33 shares during the period. Cornerstone Financial Management LLC purchased a new position in Caterpillar during the fourth quarter valued at $32,000. Finally, Monetary Solutions Ltd purchased a new position in Caterpillar during the fourth quarter valued at $35,000. 70.98% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

CAT has been the subject of a number of research reports. Barclays boosted their target price on shares of Caterpillar from $700.00 to $800.00 and gave the stock an “equal weight” rating in a research note on Friday, May 1st. Bank of America lifted their price objective on Caterpillar from $930.00 to $989.00 and gave the stock a “buy” rating in a report on Friday, May 1st. HSBC boosted their price objective on Caterpillar from $850.00 to $1,100.00 in a research note on Tuesday, May 5th. Oppenheimer reissued an “outperform” rating and set a $1,118.00 target price on shares of Caterpillar in a report on Tuesday. Finally, DA Davidson lifted their price target on Caterpillar from $650.00 to $845.00 and gave the stock a “neutral” rating in a research note on Monday, May 4th. Thirteen investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $966.90.

Caterpillar Trading Up 6.0%

Shares of Caterpillar stock opened at $879.99 on Wednesday. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.35 and a quick ratio of 0.81. The stock’s 50 day simple moving average is $922.93 and its 200-day simple moving average is $815.89. The stock has a market cap of $405.31 billion, a P/E ratio of 43.80, a P/E/G ratio of 1.62 and a beta of 1.60. Caterpillar Inc. has a 1-year low of $405.46 and a 1-year high of $1,073.46.

Caterpillar (NYSE:CAT) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $8.17 EPS for the quarter, beating the consensus estimate of $6.22 by $1.95. Caterpillar had a return on equity of 48.21% and a net margin of 13.33%.The firm had revenue of $20.54 billion during the quarter, compared to analysts’ expectations of $19.34 billion. During the same quarter last year, the firm earned $4.72 earnings per share. The business’s revenue for the quarter was up 23.7% on a year-over-year basis. Analysts predict that Caterpillar Inc. will post 24.87 EPS for the current fiscal year.

Caterpillar Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Monday, July 20th will be paid a $1.63 dividend. This is a boost from Caterpillar’s previous quarterly dividend of $1.51. The ex-dividend date of this dividend is Monday, July 20th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 0.7%. Caterpillar’s dividend payout ratio is 32.45%.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Record quarterly results: Second-quarter sales and revenues rose 24% year over year to $20.5 billion, Caterpillar’s first quarter above $20 billion. Adjusted profit per share was $8.17, well above the roughly $6.22 analyst consensus, while reported profit per share was $7.77 versus $4.62 a year earlier. Caterpillar Reports Second-Quarter 2026 Results
• Positive Sentiment: AI infrastructure demand remains a major catalyst: Strong orders for power-generation equipment, engines and generators supporting data centers helped drive earnings growth. Construction and mining equipment demand also contributed to higher volume and pricing. Caterpillar lifts 2026 sales growth target on strong data center demand after quarterly profit beat
• Positive Sentiment: Upgraded outlook and broadening momentum: Management now expects full-year revenue growth in the mid-to-high teens, improving on its previous low-double-digit forecast. The company also highlighted a record order backlog and strength across multiple end markets. Caterpillar Stock Jumps, Lifting Dow, as Company Sees Broadening Momentum
• Positive Sentiment: Shareholder returns support sentiment: Caterpillar deployed $2.2 billion for dividends and share repurchases during the quarter, underscoring strong cash generation.
• Neutral Sentiment: Investor considerations: CAT’s valuation is elevated after the rally, and future performance remains exposed to the cyclicality of construction and mining markets as well as the sustainability of AI data-center spending. The earnings call’s emphasis on “broadening momentum” helps offset, but does not eliminate, those risks. Caterpillar Q2 2026 Earnings Call Transcript

Insider Transactions at Caterpillar

In related news, insider Denise C. Johnson sold 12,605 shares of the firm’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $907.91, for a total transaction of $11,444,205.55. Following the completion of the sale, the insider directly owned 49,825 shares in the company, valued at approximately $45,236,615.75. This trade represents a 20.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Anthony D. Fassino sold 16,283 shares of Caterpillar stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $916.80, for a total transaction of $14,928,254.40. Following the transaction, the insider directly owned 46,041 shares in the company, valued at $42,210,388.80. This trade represents a 26.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 35,444 shares of company stock worth $32,335,679 in the last quarter. Company insiders own 0.33% of the company’s stock.

Caterpillar Profile

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.