NS Partners Ltd Acquires Shares of 6,377 Caterpillar Inc. $CAT

NS Partners Ltd bought a new stake in shares of Caterpillar Inc. (NYSE:CAT) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 6,377 shares of the industrial products company’s stock, valued at approximately $6,791,000.

Other large investors also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in Caterpillar during the 2nd quarter worth $40,457,153,000. Bank of America Corp DE purchased a new position in Caterpillar during the 2nd quarter valued at about $5,818,150,000. Diamant Asset Management Inc. raised its holdings in shares of Caterpillar by 68,427.2% in the 1st quarter. Diamant Asset Management Inc. now owns 3,140,603 shares of the industrial products company’s stock valued at $2,224,992,000 after purchasing an additional 3,136,020 shares in the last quarter. Bank of New York Mellon Corp bought a new position in shares of Caterpillar during the second quarter valued at approximately $3,192,710,000. Finally, Legal & General Group Plc purchased a new position in shares of Caterpillar in the 2nd quarter valued at $2,783,451,000. 70.98% of the stock is owned by hedge funds and other institutional investors.

Caterpillar Trading Down 0.7%

Shares of NYSE:CAT opened at $816.41 on Thursday. The firm has a market capitalization of $375.28 billion, a price-to-earnings ratio of 35.13, a price-to-earnings-growth ratio of 1.43 and a beta of 1.60. The business’s 50 day moving average price is $859.73 and its 200-day moving average price is $840.13. The company has a debt-to-equity ratio of 1.65, a current ratio of 1.37 and a quick ratio of 0.85. Caterpillar Inc. has a 1 year low of $419.50 and a 1 year high of $1,073.46.

Caterpillar (NYSE:CAT) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.22 by $1.95. The business had revenue of $20.54 billion for the quarter, compared to the consensus estimate of $19.34 billion. Caterpillar had a net margin of 14.51% and a return on equity of 55.53%. The company’s revenue was up 23.7% compared to the same quarter last year. During the same period last year, the firm posted $4.72 earnings per share. On average, equities research analysts forecast that Caterpillar Inc. will post 27.37 earnings per share for the current fiscal year.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analysts raised earnings estimates across multiple periods. Zacks Research increased its forecasts for Q3 2026, FY2026, FY2027, Q1–Q4 2027, Q2 2028 and FY2028. Its FY2027 estimate rose to $31.43 per share from $30.14, while its FY2028 forecast increased to $36.64 from $35.97. Zacks maintained a “Strong Buy” rating. MarketBeat Caterpillar analyst estimates
• Positive Sentiment: AI and automation remain a growth catalyst. Caterpillar’s collaboration with FieldAI is intended to advance physical AI, autonomous equipment and robotics, potentially improving customer safety and efficiency while creating new technology-driven revenue opportunities. Caterpillar FieldAI partnership
• Positive Sentiment: Industrial and manufacturing trends support demand. Lean inventories and continued U.S. production growth are cited as reasons Caterpillar remains attractive among industrial stocks. Piper Sandler also identifies Caterpillar as a potential beneficiary of a rotation from high-priced AI leaders toward industrial companies. U.S. manufacturing growth stocks
• Neutral Sentiment: CAT has significantly outperformed over the past year. Coverage highlights a record backlog, strong earnings and an improved 2026 outlook, but compares Caterpillar’s performance with other industrial-product companies rather than providing a new company-specific catalyst. Caterpillar buy sell or hold analysis
• Negative Sentiment: Valuation and interest-rate risks remain concerns. CAT trades at a high earnings multiple after its substantial rally. Piper Sandler cautions that a move in the 10-year Treasury yield above roughly 4.80% could challenge the industrial-rotation thesis and pressure rate-sensitive valuations. Piper Sandler industrial stocks and Treasury yields

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on CAT shares. Royal Bank Of Canada raised their price target on shares of Caterpillar from $877.00 to $897.00 and gave the company a “sector perform” rating in a report on Wednesday, August 5th. Zacks Research raised Caterpillar from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 12th. Truist Financial set a $980.00 price target on Caterpillar in a research note on Wednesday, August 5th. JPMorgan Chase & Co. upped their target price on Caterpillar from $1,125.00 to $1,165.00 and gave the company an “overweight” rating in a research report on Wednesday, June 17th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $1,118.00 price target on shares of Caterpillar in a research report on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $995.52.

Insider Activity

In other Caterpillar news, CEO Joseph E. Creed sold 32,401 shares of the firm’s stock in a transaction on 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 transaction, the chief executive officer owned 34,555 shares in the company, valued at approximately $27,954,303.90. This trade represents a 48.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.33% of the stock is owned by corporate insiders.

Caterpillar Profile

Caterpillar Inc is a global manufacturer of construction, mining, and industrial equipment. The company’s products include excavators, dozers, wheel loaders, motor graders, articulated trucks, and off-highway trucks, as well as related attachments and work tools. Caterpillar also supplies replacement parts, equipment services, technology solutions, and rental support through its dealer network.

The company serves customers in construction, mining, quarrying, energy, transportation, forestry, agriculture, and government-related industries.