Mirae Asset Global Investments Co. Ltd. Grows Stock Holdings in Caterpillar Inc. $CAT

Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Caterpillar Inc. (NYSE:CAT) by 27.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 103,917 shares of the industrial products company’s stock after purchasing an additional 22,699 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Caterpillar were worth $49,584,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in CAT. Fisher Asset Management LLC raised its holdings in shares of Caterpillar by 2.3% in the second quarter. Fisher Asset Management LLC now owns 9,418,321 shares of the industrial products company’s stock worth $3,656,286,000 after buying an additional 208,196 shares during the last quarter. Valeo Financial Advisors LLC raised its holdings in shares of Caterpillar by 36,842.1% during the second quarter. Valeo Financial Advisors LLC now owns 7,299,751 shares of the industrial products company’s stock worth $2,833,836,000 after purchasing an additional 7,279,991 shares during the last quarter. Norges Bank purchased a new position in shares of Caterpillar during the 2nd quarter valued at about $2,165,899,000. Bank of New York Mellon Corp lifted its holdings in shares of Caterpillar by 20.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 3,553,930 shares of the industrial products company’s stock valued at $1,695,757,000 after buying an additional 609,023 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Caterpillar by 1.0% in the second quarter. Charles Schwab Investment Management Inc. now owns 3,337,915 shares of the industrial products company’s stock worth $1,295,432,000 after buying an additional 33,467 shares during the last quarter. Institutional investors and hedge funds own 70.98% of the company’s stock.

Caterpillar Stock Up 0.8%

Caterpillar stock opened at $643.82 on Thursday. The company has a market capitalization of $301.29 billion, a P/E ratio of 33.05, a PEG ratio of 2.46 and a beta of 1.57. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.86 and a current ratio of 1.38. Caterpillar Inc. has a fifty-two week low of $267.30 and a fifty-two week high of $655.78. The stock has a 50-day simple moving average of $599.82 and a 200-day simple moving average of $516.28.

Caterpillar (NYSE:CAT) last issued its quarterly earnings data on Thursday, January 29th. The industrial products company reported $5.16 earnings per share for the quarter, beating analysts’ consensus estimates of $4.52 by $0.64. The company had revenue of $19.13 billion during the quarter, compared to analysts’ expectations of $17.81 billion. Caterpillar had a return on equity of 47.16% and a net margin of 14.34%. Equities research analysts expect that Caterpillar Inc. will post 19.86 earnings per share for the current year.

Caterpillar Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 19th. Investors of record on Tuesday, January 20th will be issued a dividend of $1.51 per share. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a $6.04 dividend on an annualized basis and a dividend yield of 0.9%. Caterpillar’s dividend payout ratio (DPR) is currently 31.01%.

Insider Activity

In related news, Director David Maclennan purchased 300 shares of the business’s stock in a transaction dated Thursday, November 6th. The stock was acquired at an average price of $568.86 per share, for a total transaction of $170,658.00. Following the completion of the purchase, the director directly owned 7,947 shares of the company’s stock, valued at $4,520,730.42. This trade represents a 3.92% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Anthony D. Fassino sold 8,184 shares of the business’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $570.18, for a total value of $4,666,353.12. Following the sale, the insider directly owned 41,512 shares in the company, valued at $23,669,312.16. This trade represents a 16.47% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 54,729 shares of company stock worth $31,084,308 over the last quarter. 0.33% of the stock is owned by insiders.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: A strategic alliance and purchase agreement with American Intelligence & Power and Boyd CAT to supply 2 gigawatts of fast?response natural?gas generator sets for a hyperscale AI campus — deliveries begin Sept 2026 and 2 GW online in 2027 — gives Caterpillar a clear, near?term revenue opportunity in hyperscale data?center power. American Intelligence & Power Forms Strategic Alliance with Caterpillar and Boyd CAT to Deploy 2 Gigawatts of Dedicated Power for Hyperscale AI Infrastructure
• Positive Sentiment: High?profile media and TV commentary (e.g., Jim Cramer) are framing Caterpillar as less likely to fall on earnings day than in the past, which can lift investor sentiment and support multiple expansion. Jim Cramer on Caterpillar: “In the Old Days, CAT Usually Went Down on Earnings, That’s Over”
• Positive Sentiment: Analysts and video coverage are increasingly calling CAT an “overlooked” AI play because its power?generation and fast?response equipment are directly relevant to data?center builds. That narrative is helping re?rate the stock relative to pure industrial peers. Caterpillar stock is an ‘overlooked’ AI play. Here’s how.
• Neutral Sentiment: Barron’s notes investors have set a high bar for Caterpillar’s upcoming earnings because of the AI data?center story; that raises volatility risk around the print despite the growth opportunity. Caterpillar Earnings Are Coming. The Bar Is High, Thanks to AI.
• Neutral Sentiment: Multiple earnings previews highlight that investors will focus on Q4 results and management commentary (orders, pricing, margins, and guidance) — the report could move the shares in either direction depending on how results reconcile AI demand with near?term margin pressure. Caterpillar Q4 earnings on deck: What to expect
• Negative Sentiment: Zacks warns Q4 EPS may seasonally decline for a sixth consecutive quarter as weaker pricing and higher costs offset higher volumes — a disappointing print or cautious guidance could cap gains and trigger profit?taking. Caterpillar is Set to Report Q4 Earnings: Buy, Sell or Hold the Stock?

Analysts Set New Price Targets

A number of brokerages recently issued reports on CAT. Oppenheimer increased their price target on shares of Caterpillar from $645.00 to $700.00 and gave the stock an “outperform” rating in a report on Tuesday, January 20th. Hsbc Global Res raised Caterpillar from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 6th. Evercore ISI boosted their target price on shares of Caterpillar from $476.00 to $630.00 and gave the company an “outperform” rating in a report on Monday, November 17th. Bank of America lifted their price target on shares of Caterpillar from $650.00 to $708.00 and gave the company a “buy” rating in a research report on Wednesday, January 14th. Finally, Sanford C. Bernstein increased their price target on Caterpillar from $557.00 to $630.00 and gave the stock a “market perform” rating in a report on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $640.20.

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.