CX Institutional Grows Stock Holdings in Caterpillar Inc. $CAT

CX Institutional grew its holdings in Caterpillar Inc. (NYSE:CAT) by 102.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,263 shares of the industrial products company’s stock after purchasing an additional 12,772 shares during the period. CX Institutional’s holdings in Caterpillar were worth $19,724,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in CAT. Diversify Advisory Services LLC bought a new position in Caterpillar in the 2nd quarter valued at $5,372,000. D.B. Root & Company LLC bought a new stake in Caterpillar in the second quarter valued at about $850,000. Dearborn Partners LLC acquired a new stake in shares of Caterpillar in the 2nd quarter valued at approximately $20,293,000. B. Metzler seel. Sohn & Co. AG boosted its position in shares of Caterpillar by 4.3% during the second quarter. B. Metzler seel. Sohn & Co. AG now owns 62,731 shares of the industrial products company’s stock worth $66,802,000 after purchasing an additional 2,590 shares in the last quarter. Finally, Axxcess Wealth Management LLC grew its stake in Caterpillar by 2.8% in the fourth quarter. Axxcess Wealth Management LLC now owns 22,420 shares of the industrial products company’s stock valued at $12,844,000 after acquiring an additional 604 shares during the period. Institutional investors own 70.98% of the company’s stock.

Caterpillar Stock Performance

CAT traded up $19.03 during trading hours on Friday, reaching $845.38. The company’s stock had a trading volume of 2,385,006 shares, compared to its average volume of 2,825,425. Caterpillar Inc. has a 52 week low of $483.55 and a 52 week high of $1,073.46. The firm has a market cap of $388.60 billion, a PE ratio of 36.38, a price-to-earnings-growth ratio of 1.41 and a beta of 1.58. The company’s 50-day moving average is $823.18 and its 200-day moving average is $849.04. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 1.37.

Caterpillar (NYSE:CAT) last issued 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 firm had revenue of $20.54 billion during the quarter, compared to the consensus estimate of $19.34 billion. During the same period last year, the business posted $4.72 earnings per share. The business’s revenue for the quarter was up 23.7% compared to the same quarter last year. On average, equities analysts forecast that Caterpillar Inc. will post 27.37 EPS for the current year.

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 transaction of $26,211,760.98. Following the transaction, the chief executive officer 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.33% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on CAT shares. Erste Group Bank cut Caterpillar from a “buy” rating to a “hold” rating in a report on Monday, July 27th. UBS Group lifted their price target on shares of Caterpillar from $900.00 to $925.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Barclays increased their price objective on shares of Caterpillar from $800.00 to $900.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 6th. President Capital began coverage on shares of Caterpillar in a research report on Friday, September 18th. They issued a “buy” rating and a $999.00 price objective on the stock. Finally, Wall Street Zen cut Caterpillar from a “buy” rating to a “hold” rating in a report on Saturday, September 26th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Caterpillar presently has an average rating of “Moderate Buy” and a consensus target price of $994.38.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Market rally lifts CAT: Caterpillar was one of the notable contributors to a roughly 400-point Dow rally, benefiting from renewed demand for large-cap industrial stocks and gains in technology and manufacturing shares. Dow’s 400-point rally led by gains in Caterpillar, NVIDIA Corp. shares
• Positive Sentiment: $1 billion North Carolina expansion: Caterpillar plans a new Sanford, North Carolina, manufacturing facility expected to create more than 1,950 jobs. The site will expand production of compact track loaders and other compact construction equipment, supporting the company’s Cat Compact growth strategy and adding capacity in a growing product category. Caterpillar invests $1B in Sanford expansion
• Positive Sentiment: Broader investment and distribution strategy: Coverage indicates Caterpillar and Ultium Cells are making major facility investments, while CAT also plans to acquire Fabick Cat, a long-established dealership. These moves could strengthen manufacturing capacity, distribution and customer reach, though they require substantial capital. Caterpillar and Ultium Cells make $1B facility investments
• Neutral Sentiment: Analyst support is constructive but not decisive: Caterpillar’s average brokerage recommendation favors investment, but the report cautions that sell-side ratings can be overly optimistic. With CAT trading at a high earnings multiple, further upside likely depends on sustained earnings growth rather than ratings alone. Caterpillar Is Considered a Good Investment by Brokers

Caterpillar Profile

Caterpillar Inc is a global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Its products are used in infrastructure development, construction, mining, energy production, transportation, agriculture, forestry, and other industrial applications.

The company markets equipment and related services through a worldwide network of independent dealers. Its operations are generally organized around Construction Industries, Resource Industries, and Energy & Transportation.