36,727 Shares in Caterpillar Inc. $CAT Bought by NBT Bank N.A.

NBT Bank N.A. purchased a new stake in Caterpillar Inc. (NYSE:CAT) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 36,727 shares of the industrial products company’s stock, valued at approximately $29,778,000. Caterpillar accounts for approximately 2.0% of NBT Bank N.A.’s holdings, making the stock its 8th biggest holding.

Other large investors also recently made changes to their positions in the company. Stonebridge Financial Group LLC raised its holdings in shares of Caterpillar by 0.7% during the second quarter. Stonebridge Financial Group LLC now owns 1,635 shares of the industrial products company’s stock worth $1,741,000 after acquiring an additional 11 shares during the period. Inspirion Wealth Advisors LLC boosted its stake in Caterpillar by 1.2% in the 2nd quarter. Inspirion Wealth Advisors LLC now owns 944 shares of the industrial products company’s stock worth $936,000 after purchasing an additional 11 shares during the period. Bell Bank boosted its stake in Caterpillar by 0.6% in the 2nd quarter. Bell Bank now owns 1,865 shares of the industrial products company’s stock worth $1,986,000 after purchasing an additional 11 shares during the period. Cornerstone Advisory LLC boosted its stake in Caterpillar by 0.7% in the 1st quarter. Cornerstone Advisory LLC now owns 1,818 shares of the industrial products company’s stock worth $1,288,000 after purchasing an additional 12 shares during the period. Finally, Brandywine Oak Private Wealth LLC increased its holdings in Caterpillar by 2.6% during the 1st quarter. Brandywine Oak Private Wealth LLC now owns 506 shares of the industrial products company’s stock worth $358,000 after purchasing an additional 13 shares in the last quarter. Institutional investors own 70.98% of the company’s stock.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analysts have been raising their earnings estimates, while Caterpillar’s history of positive earnings surprises and favorable Earnings ESP point to potential upside if the company exceeds expectations next week. Caterpillar Reports Next Week: Wall Street Expects Earnings Growth
• Positive Sentiment: A recent hammer chart pattern suggests CAT may have found technical support following its decline. The article also highlights broad Wall Street agreement on higher earnings estimates, strengthening the case for a near-term recovery. Bears Are Losing Control Over Caterpillar
• Positive Sentiment: Caterpillar is maintaining its dividend while benefiting from strong cash generation, a reported record $72 billion backlog and a higher 2026 sales-growth outlook. These factors support earnings visibility and the potential for future dividend increases. CAT Keeps Dividend Unchanged
• Neutral Sentiment: Brokerages’ reported consensus price target of $967.83 implies substantial long-term upside, although target prices are estimates rather than guarantees. Caterpillar Consensus Target Price
• Negative Sentiment: Some investors remain concerned about how far CAT could fall after its recent rally, and reported ETF net selling may add short-term technical pressure. How Big Could Caterpillar Stock’s Next Fall Be?

Insider Activity at Caterpillar

In other news, CEO Joseph E. Creed sold 32,401 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 34,555 shares in the company, valued at $27,954,303.90. This trade represents a 48.39% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.33% of the stock is currently owned by corporate insiders.

Caterpillar Stock Performance

Shares of CAT opened at $703.30 on Friday. Caterpillar Inc. has a 12 month low of $513.01 and a 12 month high of $1,073.46. The firm has a fifty day simple moving average of $802.23 and a 200 day simple moving average of $856.84. The stock has a market capitalization of $323.28 billion, a price-to-earnings ratio of 30.26, a PEG ratio of 1.27 and a beta of 1.58. The company has a current ratio of 1.37, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65.

Caterpillar (NYSE:CAT) last released its earnings results on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share for the quarter, beating analysts’ consensus estimates of $6.22 by $1.95. Caterpillar had a net margin of 14.51% and a return on equity of 55.53%. The business had revenue of $20.54 billion during the quarter, compared to the consensus estimate of $19.34 billion. During the same quarter last year, the firm earned $4.72 earnings per share. The firm’s revenue for the quarter was up 23.7% compared to the same quarter last year. Research analysts forecast that Caterpillar Inc. will post 27.74 EPS for the current fiscal year.

Caterpillar Announces Dividend

The firm also recently disclosed 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 0.9%. The ex-dividend date is Monday, October 26th. Caterpillar’s dividend payout ratio is currently 28.06%.

Analysts Set New Price Targets

Several research firms have issued reports on CAT. Citigroup dropped their price target on Caterpillar from $1,100.00 to $950.00 and set a “buy” rating on the stock in a research note on Monday, October 12th. Zacks Research lowered Caterpillar from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. UBS Group upped their price objective on Caterpillar from $900.00 to $925.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. Freedom Broker upgraded Caterpillar from a “hold” rating to a “buy” rating and set a $980.00 price objective for the company in a report on Thursday, September 10th. Finally, Wall Street Zen raised Caterpillar from a “hold” rating to a “buy” rating in a research report on Saturday, October 10th. Fifteen analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat.com, Caterpillar currently has a consensus rating of “Moderate Buy” and a consensus target price of $967.83.

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.