Caterpillar Inc. $CAT Shares Purchased by Noesis Capital Mangement Corp

Noesis Capital Mangement Corp raised its holdings in Caterpillar Inc. (NYSE:CAT) by 4.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 41,786 shares of the industrial products company’s stock after acquiring an additional 1,613 shares during the quarter. Caterpillar comprises approximately 4.0% of Noesis Capital Mangement Corp’s holdings, making the stock its 7th largest position. Noesis Capital Mangement Corp’s holdings in Caterpillar were worth $33,880,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Westover Capital Advisors LLC boosted its holdings in Caterpillar by 70.1% in the third quarter. Westover Capital Advisors LLC now owns 7,953 shares of the industrial products company’s stock worth $6,448,000 after purchasing an additional 3,277 shares in the last quarter. E6 Portfolios LLC acquired a new position in Caterpillar during the third quarter worth $662,000. Motive Wealth Advisors raised its holdings in Caterpillar by 3.2% during the third quarter. Motive Wealth Advisors now owns 576 shares of the industrial products company’s stock valued at $467,000 after buying an additional 18 shares in the last quarter. Leo Wealth LLC acquired a new stake in shares of Caterpillar in the third quarter worth about $306,000. Finally, Apollon Wealth Management LLC lifted its position in shares of Caterpillar by 24.2% in the third quarter. Apollon Wealth Management LLC now owns 31,214 shares of the industrial products company’s stock worth $25,308,000 after buying an additional 6,089 shares during the last quarter. 70.98% of the stock is owned by institutional investors.

Insider Transactions at Caterpillar

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 shares were sold at an average price of $808.98, for a total value of $26,211,760.98. Following the sale, the chief executive officer directly owned 34,555 shares in the company, valued at $27,954,303.90. This trade represents a 48.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.33% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several analysts have recently issued reports on CAT shares. Needham & Company LLC set a $980.00 price objective on Caterpillar in a report on Thursday, September 10th. Wells Fargo & Company cut their price objective on Caterpillar from $1,155.00 to $840.00 and set an “overweight” rating on the stock in a research note on Monday. Truist Financial reduced their target price on Caterpillar from $1,225.00 to $1,100.00 and set a “buy” rating for the company in a report on Monday, October 5th. Royal Bank Of Canada upped their target price on Caterpillar from $877.00 to $897.00 and gave the stock a “sector perform” rating in a research report on Wednesday, August 5th. Finally, DA Davidson increased their price target on Caterpillar from $845.00 to $882.00 and gave the company a “neutral” rating in a report on Thursday, August 6th. Fifteen investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $947.42.

Key Stories Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: AI-driven power demand strengthens the outlook. Caterpillar is benefiting from rising demand for power-generation equipment used by data centers, helping drive a reported record $72 billion backlog with orders extending through 2030. The company is also investing approximately $1 billion in North Carolina to expand compact-equipment manufacturing and confirmed its $1.63 quarterly dividend payable November 19, 2026. Learn Why The Bull Case For Caterpillar Could Change Following AI Power Demand
• Positive Sentiment: Analyst estimates moved higher. Erste Group Bank raised its earnings estimates for Caterpillar, adding to the favorable expectations surrounding the company’s upcoming results. Erste Group Bank Raises Earnings Estimates for Caterpillar
• Neutral Sentiment: Resource Industries leadership transition announced. Group President Denise Johnson plans to retire in early 2027, with Derrick York, currently associated with Solar Turbines and other Caterpillar operations, named as her successor. Johnson is credited with improving the mining business during a difficult industry downturn; investors may monitor execution during the handoff. Caterpillar Taps Derrick York as Denise Johnson Sets Early 2027 Retirement
• Neutral Sentiment: Third-quarter earnings are the next major catalyst. Analysts expect another quarter of revenue and earnings growth, with investors looking beyond headline estimates to margins, segment performance, backlog conversion and management’s outlook. Caterpillar Q3 Earnings Preview
• Negative Sentiment: Tariffs and recent share-price weakness remain concerns. Rising tariffs could pressure Caterpillar’s margins, while the stock has declined sharply over the past month despite the backlog and a reported first-ever $20 billion quarter. The October 29 report will test whether backlog strength can support a rebound. Can Caterpillar’s $72B Backlog Save Its Stock From a 10% Slump?

Caterpillar Stock Performance

CAT opened at $691.39 on Tuesday. The company has a quick ratio of 0.85, a current ratio of 1.37 and a debt-to-equity ratio of 1.65. The stock’s 50 day moving average price is $799.69 and its two-hundred day moving average price is $805.95. The firm has a market capitalization of $317.81 billion, a P/E ratio of 29.75, a price-to-earnings-growth ratio of 1.18 and a beta of 1.58. Caterpillar Inc. has a 12-month low of $521.43 and a 12-month high of $1,073.46.

Caterpillar (NYSE:CAT) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share (EPS) for the quarter, topping the consensus estimate 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 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. Caterpillar’s quarterly revenue was up 23.7% on a year-over-year basis. On average, equities analysts forecast that Caterpillar Inc. will post 27.74 earnings per share for the current year.

Caterpillar Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 19th. Shareholders of record on Monday, October 26th will be issued a $1.63 dividend. The ex-dividend date of this dividend is Monday, October 26th. This represents a $6.52 dividend on an annualized basis and a yield of 0.9%. Caterpillar’s dividend payout ratio is 28.06%.

About Caterpillar

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.