Kerusso Capital Management LLC Acquires 1,272 Shares of Caterpillar Inc. $CAT

Kerusso Capital Management LLC increased its holdings in shares of Caterpillar Inc. (NYSE:CAT) by 23.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,705 shares of the industrial products company’s stock after purchasing an additional 1,272 shares during the period. Caterpillar makes up about 2.6% of Kerusso Capital Management LLC’s holdings, making the stock its 6th biggest position. Kerusso Capital Management LLC’s holdings in Caterpillar were worth $7,140,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in CAT. LCM Capital Management Inc lifted its stake in Caterpillar by 16.5% in the second quarter. LCM Capital Management Inc now owns 465 shares of the industrial products company’s stock valued at $495,000 after buying an additional 66 shares during the period. WealthCare Asset Management LLC acquired a new stake in shares of Caterpillar during the 2nd quarter worth approximately $1,533,000. Aviance Capital Partners LLC increased its stake in shares of Caterpillar by 17.9% in the 2nd quarter. Aviance Capital Partners LLC now owns 679 shares of the industrial products company’s stock valued at $723,000 after acquiring an additional 103 shares in the last quarter. Worth Financial Advisory Group LLC acquired a new position in shares of Caterpillar during the 2nd quarter valued at $1,564,000. Finally, Axiom Investment Management LLC bought a new position in Caterpillar during the second quarter worth $36,000. 70.98% of the stock is currently owned by institutional investors.

Caterpillar Price Performance

Shares of NYSE CAT opened at $811.40 on Wednesday. The stock has a market cap of $372.98 billion, a price-to-earnings ratio of 34.91, a PEG ratio of 1.42 and a beta of 1.60. 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 Inc. has a fifty-two week low of $410.52 and a fifty-two week high of $1,073.46. The firm’s 50-day simple moving average is $903.72 and its 200 day simple moving average is $835.74.

Caterpillar (NYSE:CAT) last issued its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $8.17 EPS for the quarter, topping the consensus estimate of $6.22 by $1.95. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%.The firm had revenue of $20.54 billion during the quarter, compared to the consensus estimate of $19.34 billion. During the same period in the prior year, the business posted $4.72 earnings per share. The company’s quarterly revenue was up 23.7% compared to the same quarter last year. As a group, research analysts anticipate that Caterpillar Inc. will post 27.14 earnings per share for the current fiscal year.

Caterpillar Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Monday, July 20th were given a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Monday, July 20th. This is an increase from Caterpillar’s previous quarterly dividend of $1.51. Caterpillar’s payout ratio is currently 28.06%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. UBS Group lifted their price target on shares of Caterpillar from $900.00 to $925.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. HSBC raised their target price on Caterpillar from $850.00 to $1,100.00 in a research note on Tuesday, May 5th. DA Davidson upped their price target on Caterpillar from $845.00 to $882.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. JPMorgan Chase & Co. increased their price target on Caterpillar from $1,125.00 to $1,165.00 and gave the stock an “overweight” rating in a report on Wednesday, June 17th. Finally, Daiwa Securities Group raised their price objective on Caterpillar from $790.00 to $900.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $995.52.

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Strong backlog points to future growth. Caterpillar’s order book reportedly expanded substantially beneath the surface, suggesting future revenue visibility even while some recent sales figures appeared soft. Before The Surge, Caterpillar Stock’s Order Book Told a Different Story
• Positive Sentiment: Margins and guidance improved. Coverage highlighted a 430-basis-point rebound in second-quarter adjusted operating margin, with higher volumes and pricing offsetting tariff costs. The improvement helped support an upgraded 2026 outlook. Caterpillar’s Q2 Adjusted Operating Margin Rebounds
• Positive Sentiment: CAT remains a preferred heavy-equipment name. Analysts cited record sales, earnings growth and backlog strength as reasons Caterpillar currently has an edge over Deere. Other market commentary included Caterpillar among stocks positioned to benefit from investment and infrastructure-related trends. Caterpillar vs. Deere: Which Heavy Equipment Stock Should You Bet On?
• Neutral Sentiment: Valuation opinions are mixed. Some analysis suggests CAT could be undervalued by roughly 20% based on margins and cash flow, while another estimate sees only about 4% upside linked partly to potential tariff refunds. This follows a substantial five-year share-price gain and leaves investors focused on whether earnings can justify the valuation. Caterpillar Could Be 20% Undervalued
• Negative Sentiment: Contrasting investor signals may limit enthusiasm. The Gates Foundation Trust disclosed a sizable CAT holding, while Michael Burry disclosed a short position. QuiverQuant also reported substantially more insider sales than purchases over the past six months, potentially adding caution despite strong fundamentals. Bill Gates’ Foundation Holds a Caterpillar Stake as Michael Burry Bets Against the Stock
• Negative Sentiment: Macro risks remain an overhang. Recent commentary linked CAT’s pullback to interest-rate concerns and weaker sentiment toward industrial stocks, showing that broader economic factors are currently overshadowing the company’s earnings and backlog strength.

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.