Caterpillar Inc. $CAT Stock: Cantor Fitzgerald Investment Advisors L.P. Lowers Holdings

Cantor Fitzgerald Investment Advisors L.P. decreased its holdings in shares of Caterpillar Inc. (NYSE:CAT) by 57.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 518 shares of the industrial products company’s stock after selling 697 shares during the period. Cantor Fitzgerald Investment Advisors L.P.’s holdings in Caterpillar were worth $420,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. bought a new position in shares of Caterpillar in the 2nd quarter valued at about $40,457,153,000. State Street Corp increased its position in shares of Caterpillar by 4.0% in the second quarter. State Street Corp now owns 36,276,960 shares of the industrial products company’s stock valued at $37,120,529,000 after acquiring an additional 1,396,356 shares during the last quarter. Bank of America Corp DE acquired a new stake in shares of Caterpillar in the second quarter valued at about $5,818,150,000. Diamant Asset Management Inc. raised its holdings in Caterpillar by 68,427.2% during the first quarter. Diamant Asset Management Inc. now owns 3,140,603 shares of the industrial products company’s stock worth $2,224,992,000 after acquiring an additional 3,136,020 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in Caterpillar by 2.3% during the fourth quarter. Invesco Ltd. now owns 3,031,666 shares of the industrial products company’s stock worth $1,736,750,000 after acquiring an additional 68,770 shares in the last quarter. Institutional investors own 70.98% of the company’s stock.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar will invest up to $10 million in North Carolina workforce training, supporting technicians and manufacturing workers as it expands its Sanford operations. The investment complements a previously announced roughly $1 billion facility investment intended to increase compact-equipment production. Caterpillar Invests in North Carolina’s Future Manufacturing Workforce
• Positive Sentiment: The acquisition of the Fabick CAT dealer network could strengthen Caterpillar’s distribution and customer-support footprint, although financial terms and the transaction’s earnings impact were not provided. Caterpillar acquires Fabick Cat dealer network
• Neutral Sentiment: Caterpillar scheduled its third-quarter 2026 results for October 29, giving investors a near-term catalyst to assess demand, margins and guidance. Caterpillar Third-Quarter 2026 Results Announcement
• Neutral Sentiment: Resource Industries President Denise Johnson will retire in February 2027, with Derrick York appointed as her successor effective November 1. Johnson will remain in an advisory role during the transition, limiting immediate disruption concerns. Caterpillar Announces Leadership Transition in Resource Industries
• Negative Sentiment: An analyst downgrade pressured the stock, while Oppenheimer issued a pessimistic forecast. These actions reinforce concerns about Caterpillar’s valuation and future earnings outlook. Caterpillar Shares Down on Analyst Downgrade
• Negative Sentiment: A broader unwind in the AI-related power trade also weighed on Caterpillar, as investors reassessed companies expected to benefit from data-center electricity demand. Comparisons with Generac highlighted differences in backlog, valuation and financial strength. AI Power Trade Unwinds

Insider Transactions at Caterpillar

In other news, CEO Joseph E. Creed sold 32,401 shares of Caterpillar 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 completion of the sale, the chief executive officer owned 34,555 shares of the company’s stock, valued at approximately $27,954,303.90. This trade represents a 48.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.33% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

CAT has been the topic of several recent analyst reports. Barclays boosted their price target on Caterpillar from $800.00 to $900.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 6th. UBS Group increased their price objective on Caterpillar from $900.00 to $925.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. President Capital began coverage on Caterpillar in a report on Friday, September 18th. They issued a “buy” rating and a $999.00 price objective for the company. Oppenheimer decreased their target price on shares of Caterpillar from $1,118.00 to $1,009.00 and set an “outperform” rating for the company in a research note on Wednesday. Finally, Sanford C. Bernstein restated a “market perform” rating and set a $749.00 target price on shares of Caterpillar in a report on Wednesday. Fifteen research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $967.83.

Caterpillar Trading Down 0.8%

Shares of Caterpillar stock opened at $730.01 on Friday. The company has a debt-to-equity ratio of 1.65, a current ratio of 1.37 and a quick ratio of 0.85. The business has a fifty day simple moving average of $812.24 and a two-hundred day simple moving average of $855.37. Caterpillar Inc. has a 1 year low of $510.21 and a 1 year high of $1,073.46. The company has a market capitalization of $335.57 billion, a price-to-earnings ratio of 31.41, a P/E/G ratio of 1.27 and a beta of 1.58.

Caterpillar (NYSE:CAT) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.22 by $1.95. Caterpillar had a net margin of 14.51% and a return on equity of 55.53%. The company had revenue of $20.54 billion during the quarter, compared to analysts’ expectations of $19.34 billion. During the same quarter last year, the company posted $4.72 EPS. Caterpillar’s quarterly revenue was up 23.7% compared to the same quarter last year. Research analysts forecast that Caterpillar Inc. will post 27.49 EPS for the current year.

Caterpillar Announces Dividend

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

Caterpillar Company 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.