Perennial Investment Advisors LLC Takes Position in Caterpillar Inc. $CAT

Perennial Investment Advisors LLC acquired a new position in Caterpillar Inc. (NYSE:CAT) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 2,339 shares of the industrial products company’s stock, valued at approximately $2,491,000.

Several other institutional investors and hedge funds also recently bought and sold shares of CAT. Permanens Capital L.P. acquired a new position in shares of Caterpillar in the 2nd quarter valued at about $669,000. Philadelphia Investment Partners LLC acquired a new position in Caterpillar in the 2nd quarter valued at approximately $1,197,000. Pinnacle Family Advisors LLC purchased a new stake in Caterpillar in the 2nd quarter worth approximately $341,000. Ausdal Financial Partners Inc. acquired a new stake in shares of Caterpillar during the 2nd quarter valued at $71,959,000. Finally, Axim Planning & Wealth purchased a new position in shares of Caterpillar during the 2nd quarter valued at $916,000. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Caterpillar Stock Down 0.1%

Shares of CAT stock opened at $813.51 on Monday. The stock’s 50 day simple moving average is $872.52 and its 200 day simple moving average is $838.91. Caterpillar Inc. has a twelve month low of $416.44 and a twelve month high of $1,073.46. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 1.37. The company has a market capitalization of $373.95 billion, a price-to-earnings ratio of 35.00, a PEG ratio of 1.41 and a beta of 1.60.

Caterpillar (NYSE:CAT) last announced 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 55.53% and a net margin of 14.51%.The company had revenue of $20.54 billion for the quarter, compared to the consensus estimate of $19.34 billion. During the same quarter last year, the company posted $4.72 earnings per share. The company’s revenue for the quarter was up 23.7% compared to the same quarter last year. As a group, research analysts predict that Caterpillar Inc. will post 27.34 EPS for the current year.

Caterpillar Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Monday, July 20th were issued a $1.63 dividend. This is a boost from Caterpillar’s previous quarterly dividend of $1.51. The ex-dividend date was Monday, July 20th. This represents a $6.52 annualized dividend and a yield of 0.8%. Caterpillar’s payout ratio is 28.06%.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: FieldAI partnership supports the automation outlook. Caterpillar is combining its construction-equipment expertise with FieldAI’s physical-AI technology to develop autonomous capabilities for machines and improve safety, productivity and visibility at jobsites. The initiative could create longer-term revenue opportunities in equipment, software and services. Caterpillar partners with FieldAI for equipment automation
• Positive Sentiment: Analyst and quantitative sentiment has improved. Zacks upgraded CAT to Rank #1, or “Strong Buy,” citing rising optimism about earnings prospects. Erste Group Bank also raised its fiscal 2026 EPS forecast, adding to the constructive outlook. Caterpillar upgraded to Strong Buy
• Positive Sentiment: AI infrastructure is boosting Power & Energy demand. Caterpillar’s retail sales to power-generation users reportedly surged 72% year over year in the second quarter, as data centers and generative-AI infrastructure increase demand for reliable power. This gives CAT an additional growth driver beyond traditional construction and mining markets. Can CAT Stock Compound Its Way Higher?
• Neutral Sentiment: Recent earnings performance remains a strength, but expectations are elevated. Caterpillar’s latest quarterly results exceeded consensus estimates for both earnings and revenue, with revenue up 23.7% year over year. A sector review described CAT as the strongest heavy-machinery performer, though investors are increasingly pricing in continued execution.
• Negative Sentiment: Valuation and performance concerns could limit upside. Commentary notes that CAT has outperformed peers in the stock market more than in underlying business performance, leaving the shares dependent on future growth. The stock has also declined since its latest earnings report, while a report tied the recent weakness to insider selling. CAT Has Left Its Peers Behind. Or Has It?

Analysts Set New Price Targets

A number of analysts recently issued reports on CAT shares. Erste Group Bank cut Caterpillar from a “buy” rating to a “hold” rating in a research report on Monday, July 27th. Evercore reiterated an “outperform” rating and set a $1,103.00 price target on shares of Caterpillar in a report on Monday, May 11th. Truist Financial set a $980.00 price target on Caterpillar in a research note on Wednesday, August 5th. Robert W. Baird set a $970.00 price objective on shares of Caterpillar in a research report on Wednesday, August 5th. Finally, UBS Group boosted their target price on shares of Caterpillar from $900.00 to $925.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. One 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 currently has a consensus rating of “Moderate Buy” and a consensus target price of $995.52.

Insiders Place Their Bets

In other Caterpillar news, CEO Joseph E. Creed sold 32,401 shares of the company’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $808.98, for a total transaction of $26,211,760.98. Following the completion of the sale, the chief executive officer directly owned 34,555 shares in the company, valued at $27,954,303.90. This represents a 48.39% decrease in their ownership of the stock. The transaction 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.

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.