Caterpillar Inc. $CAT Stock Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC raised its position in shares of Caterpillar Inc. (NYSE:CAT) by 78.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,000 shares of the industrial products company’s stock after buying an additional 4,398 shares during the period. International Assets Investment Management LLC’s holdings in Caterpillar were worth $8,108,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of CAT. BlackRock Inc. bought a new stake in Caterpillar during the 2nd quarter worth approximately $40,457,153,000. State Street Corp increased its holdings in Caterpillar by 4.0% during the 2nd quarter. State Street Corp now owns 36,276,960 shares of the industrial products company’s stock valued at $37,120,529,000 after purchasing an additional 1,396,356 shares in the last quarter. Bank of America Corp DE bought a new position in Caterpillar in the 2nd quarter valued at $5,818,150,000. Bank of New York Mellon Corp bought a new position in Caterpillar in the 2nd quarter valued at $3,192,710,000. Finally, Legal & General Group Plc bought a new stake in shares of Caterpillar during the second quarter worth $2,783,451,000. Institutional investors own 70.98% of the company’s stock.

Caterpillar Stock Down 3.8%

NYSE:CAT opened at $622.73 on Friday. The company has a market cap of $286.25 billion, a price-to-earnings ratio of 24.43, a P/E/G ratio of 1.07 and a beta of 1.58. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.85 and a current ratio of 1.42. The stock’s fifty day moving average price is $783.25 and its two-hundred day moving average price is $807.52. Caterpillar Inc. has a 52-week low of $537.08 and a 52-week high of $1,073.46.

Caterpillar (NYSE:CAT) last released its earnings results on Thursday, October 29th. The industrial products company reported $7.20 EPS for the quarter, beating the consensus estimate of $7.06 by $0.14. The company had revenue of $20.68 billion during the quarter, compared to analysts’ expectations of $20.76 billion. Caterpillar had a return on equity of 59.87% and a net margin of 15.21%. The business’s revenue for the quarter was up 17.3% on a year-over-year basis. During the same period last year, the firm earned $4.95 EPS. On average, analysts anticipate that Caterpillar Inc. will post 27.75 EPS for the current year.

Caterpillar Dividend Announcement

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 issued a $1.63 dividend. The ex-dividend date is Monday, October 26th. This represents a $6.52 annualized dividend and a yield of 1.0%. Caterpillar’s dividend payout ratio (DPR) is currently 25.58%.

Insider Transactions at Caterpillar

In related news, CEO Joseph E. Creed sold 32,401 shares of Caterpillar stock in a transaction dated 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 completion of 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.33% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

CAT has been the subject of a number of research reports. DA Davidson raised their target price on Caterpillar from $845.00 to $882.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. Oppenheimer reiterated an “outperform” rating and set a $1,009.00 price target on shares of Caterpillar in a research report on Thursday. Royal Bank Of Canada decreased their price objective on shares of Caterpillar from $897.00 to $722.00 and set a “sector perform” rating on the stock in a report on Friday. Morgan Stanley lowered their price objective on shares of Caterpillar from $915.00 to $675.00 and set an “equal weight” rating for the company in a research report on Friday. Finally, Citigroup lowered their price objective on shares of Caterpillar from $950.00 to $800.00 and set a “buy” rating for the company in a research report on Friday. Fifteen equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $913.96.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar reported third-quarter sales and revenues of approximately $20.7 billion, up 17% year over year, while adjusted earnings per share of $7.20 exceeded the $7.06 consensus estimate. Power-generation sales increased 30%, helped by data-center demand, and the company reported a record $78.1 billion backlog. Caterpillar Reports Third-Quarter 2026 Results
• Positive Sentiment: Truist Financial reaffirmed its “buy” rating, while Citigroup maintained a “buy” rating despite lowering its price target to $800. Both targets remain above the current trading level, suggesting some analysts see substantial long-term upside.
• Neutral Sentiment: Bank of America said Caterpillar’s earnings power remains intact, and analysts expect revenue and EPS growth as the backlog converts. However, the backlog may extend into 2029–2030, meaning investors could wait longer for the full financial benefit.
• Negative Sentiment: Management left its annual growth outlook unchanged and indicated only “moderate” fourth-quarter revenue growth. Investors had expected a stronger forecast or an upgrade, so the unchanged guidance overshadowed the earnings beat. Caterpillar Tops Quarterly Profit View
• Negative Sentiment: Revenue came in slightly below consensus, while tariff expenses and rising inventories added to concerns about costs, demand timing and near-term margins.
• Negative Sentiment: Several firms reduced their targets: Morgan Stanley cut its target to $675 and rated CAT “equal weight,” RBC lowered its target to $722 with a “sector perform” rating, and Truist reduced its target to $1,027. These cuts reinforce concerns that the stock’s premium valuation had become difficult to justify without faster growth.

Caterpillar Profile

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.