Caterpillar Inc. $CAT Holdings Lifted by K.J. Harrison & Partners Inc

K.J. Harrison & Partners Inc increased its holdings in Caterpillar Inc. (NYSE:CAT) by 72.7% in the 3rd quarter, Holdings Channel reports. The fund owned 7,125 shares of the industrial products company’s stock after purchasing an additional 3,000 shares during the period. K.J. Harrison & Partners Inc’s holdings in Caterpillar were worth $3,495,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Marquette Asset Management LLC boosted its holdings in shares of Caterpillar by 1,060.0% during the third 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 period. Joseph Group Capital Management purchased a new stake in Caterpillar in the 3rd quarter worth approximately $32,000. Kilter Group LLC acquired a new stake in shares of Caterpillar during the 2nd quarter valued at $27,000. Sellwood Investment Partners LLC purchased a new position in shares of Caterpillar during the 3rd quarter valued at $35,000. Finally, RiverPark Advisors LLC acquired a new position in shares of Caterpillar in the second quarter worth $32,000. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Caterpillar Trading Down 0.3%

Shares of CAT stock opened at $766.15 on Thursday. Caterpillar Inc. has a 12 month low of $267.30 and a 12 month high of $789.81. The company has a market cap of $356.48 billion, a PE ratio of 40.71, a price-to-earnings-growth ratio of 1.82 and a beta of 1.58. The company has a quick ratio of 0.94, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The business’s 50 day moving average is $660.74 and its two-hundred day moving average is $559.89.

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

Caterpillar Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 19th. Stockholders of record on Tuesday, January 20th were given a $1.51 dividend. This represents a $6.04 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, January 20th. Caterpillar’s dividend payout ratio (DPR) is currently 32.09%.

Insiders Place Their Bets

In related news, insider Lange Bob De sold 22,656 shares of the business’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $720.11, for a total transaction of $16,314,812.16. Following the completion of the transaction, the insider owned 79,953 shares of the company’s stock, valued at approximately $57,574,954.83. The trade was a 22.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Anthony D. Fassino sold 10,671 shares of the firm’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 in the company, valued at $28,001,197.95. This trade represents a 20.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 143,450 shares of company stock valued at $98,245,065 in the last ninety days. Company insiders own 0.33% of the company’s stock.

Key Headlines Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Wells Fargo raised its price target on CAT to $870 and kept an “overweight” rating — a sizable upward revision that supports further upside expectations. Wells Fargo price target raise
• Positive Sentiment: Daiwa Securities raised its target to $790, another analyst upgrade adding to bullish analyst momentum. Daiwa price target raise
• Positive Sentiment: Large institutional flows and analyst upgrades remain supportive — recent filings show major fund increases (Norges Bank, Wellington, Capital International, MFS) and some analysts have lifted FY26 estimates.
• Positive Sentiment: Caterpillar expanded its software and services footprint by acquiring Australian mining‑software firm RPMGlobal — strategic for aftermarket/service revenue and digital offerings. RPMGlobal acquisition
• Positive Sentiment: Caterpillar Venture Capital backed ElevenEs’ Series B — a small strategic investment signaling tilt toward tech/commodity‑trading adjacencies. ElevenEs Series B
• Neutral Sentiment: Coverage comparing Caterpillar and Deere highlights divergent recent results; useful competitive context but not an immediate catalyst by itself. CAT vs Deere analysis
• Neutral Sentiment: Market commentary notes a larger diesel genset market and that CAT now trades at a premium valuation (high P/E), increasing sensitivity to any slowdown — contextual, not instantly catalytic. Diesel gensets / valuation
• Negative Sentiment: Short interest jumped ~61% in February to ~10.0M shares (≈2.2% of shares), raising near‑term bearish pressure and potential volatility if shorts cover or add. (Days‑to‑cover ≈2.5.)
• Negative Sentiment: Insider selling: director Rodney Michael Shurman sold 2,278 shares (and had earlier sales), which can be interpreted negatively by some investors even if economically modest. Insider sale filing

Analyst Upgrades and Downgrades

A number of research analysts have commented on CAT shares. Wall Street Zen downgraded Caterpillar from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Wells Fargo & Company lifted their price target on Caterpillar from $756.00 to $870.00 and gave the company an “overweight” rating in a report on Wednesday. CICC Research began coverage on Caterpillar in a report on Friday, February 6th. They issued an “outperform” rating on the stock. Bank of America lifted their target price on shares of Caterpillar from $735.00 to $825.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Finally, Jefferies Financial Group increased their price target on shares of Caterpillar from $700.00 to $750.00 and gave the stock a “buy” rating in a research note on Tuesday, January 27th. Sixteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Caterpillar currently has a consensus rating of “Moderate Buy” and an average target price of $712.52.

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.