Caterpillar Inc. $CAT Stock: Fulcrum Asset Management LLP Increases Holdings

Fulcrum Asset Management LLP lifted its holdings in shares of Caterpillar Inc. (NYSE:CAT) by 13.1% during the third quarter, Holdings Channel reports. The fund owned 8,097 shares of the industrial products company’s stock after purchasing an additional 939 shares during the quarter. Fulcrum Asset Management LLP’s holdings in Caterpillar were worth $6,693,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of CAT. Decker Retirement Planning Inc. grew its stake in Caterpillar by 440.0% during the 2nd quarter. Decker Retirement Planning Inc. now owns 27 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 22 shares in the last quarter. PFS Partners LLC increased its holdings in Caterpillar by 1,750.0% during the 3rd quarter. PFS Partners LLC now owns 37 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 35 shares during the last quarter. Matrix Trust Co raised its position in shares of Caterpillar by 93.8% in the 2nd quarter. Matrix Trust Co now owns 31 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 15 shares in the last quarter. Cedar Mountain Advisors LLC raised its position in shares of Caterpillar by 82.1% in the 1st quarter. Cedar Mountain Advisors LLC now owns 51 shares of the industrial products company’s stock valued at $36,000 after purchasing an additional 23 shares in the last quarter. Finally, Axiom Investment Management LLC acquired a new position in shares of Caterpillar in the 2nd quarter valued at approximately $36,000. Institutional investors and hedge funds own 70.98% of the company’s stock.

Caterpillar Trading Up 0.1%

NYSE:CAT opened at $559.32 on Monday. The company has a market cap of $255.94 billion, a PE ratio of 21.94, a P/E/G ratio of 0.97 and a beta of 1.65. The business’s 50 day moving average is $760.19 and its two-hundred day moving average is $806.23. The company has a quick ratio of 0.88, a current ratio of 1.42 and a debt-to-equity ratio of 1.50. Caterpillar Inc. has a 52 week low of $537.08 and a 52 week high of $1,073.46.

Caterpillar (NYSE:CAT) last issued its quarterly earnings results on Thursday, October 29th. The industrial products company reported $7.20 earnings per share for the quarter, beating analysts’ consensus estimates of $7.06 by $0.14. The business had revenue of $20.68 billion during the quarter, compared to the consensus estimate of $20.76 billion. Caterpillar had a return on equity of 59.87% and a net margin of 15.21%. The business’s quarterly revenue was up 17.3% on a year-over-year basis. During the same period in the previous year, the business earned $4.95 EPS. On average, analysts predict that Caterpillar Inc. will post 27.39 EPS for the current year.

Caterpillar Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Monday, October 26th will be paid a dividend of $1.63 per share. The ex-dividend date is Monday, October 26th. This represents a $6.52 annualized dividend and a yield of 1.2%. Caterpillar’s dividend payout ratio (DPR) is 25.58%.

Insiders Place Their Bets

In other Caterpillar news, Director C Jr acquired 1,000 shares of the firm’s stock in a transaction on Monday, November 2nd. The stock was purchased at an average price of $620.39 per share, with a total value of $620,390.00. Following the completion of the acquisition, the director directly owned 4,714 shares in the company, valued at $2,924,518.46. This trade represents a 26.93% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Joseph E. Creed sold 32,401 shares of the business’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of $808.98, for a total transaction of $26,211,760.98. Following the sale, the chief executive officer owned 34,555 shares of the company’s stock, valued at approximately $27,954,303.90. The trade was a 48.39% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.33% of the company’s stock.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Strong results and backlog support the outlook. Caterpillar’s third-quarter earnings beat estimates, while its $78.1 billion backlog, stronger cash flow and expanding margins point to solid demand. The company is also expanding capacity to meet power-generation demand. Article: CAT Shares Fall Despite Q3 Earnings Beat
• Neutral Sentiment: Upcoming investor event. Construction Industries Group President Rod Shurman is scheduled to take part in a Bernstein-hosted fireside chat on Nov. 17; no new financial guidance was announced. Article: Caterpillar executive to participate in Bernstein fireside chat
• Negative Sentiment: AI-trade selling and valuation concerns weigh on the stock. Investors have been selling Caterpillar alongside other industrial companies amid worries that AI-related investment could slow. The market increasingly treats CAT as a data-center power play, exposing it to shifts in sentiment even though power generation accounted for about 15% of 2025 sales. Article: AI selloff spreads to industrials
• Negative Sentiment: Execution and cyclical risks remain. Reports cite orders falling, dealers trimming inventories, and tariffs, manufacturing costs and production constraints pressuring margins. Morgan Stanley also cut its price target by 26% after earnings, highlighting the risk of a cyclical test despite the backlog. Article: Morgan Stanley cuts Caterpillar price target

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Barclays increased their target price on Caterpillar from $800.00 to $900.00 and gave the company an “equal weight” rating in a research note on Thursday, August 6th. Wall Street Zen lowered shares of Caterpillar from a “buy” rating to a “hold” rating in a research note on Saturday, October 31st. DA Davidson cut their price target on shares of Caterpillar from $882.00 to $685.00 and set a “neutral” rating on the stock in a report on Monday, November 2nd. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $749.00 price target on shares of Caterpillar in a report on Wednesday, October 14th. Finally, Oppenheimer reiterated an “outperform” rating and set a $1,009.00 price objective on shares of Caterpillar in a research note on Thursday, October 29th. Fifteen investment analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $898.25.

Caterpillar Profile

Caterpillar Inc is a global manufacturer of construction and mining equipment, engines, turbines, and related products and services. Its offerings include earthmoving and material-handling machines, diesel and natural gas engines, power-generation systems, and equipment and technologies used in mining and transportation. The company’s products are commonly sold under the Cat brand.

Caterpillar serves customers in markets around the world through a network of independent dealers. Its businesses also provide parts, maintenance, equipment rental, and other support services, as well as financing and insurance through its financial services operations.

The company was formed in 1925 through the merger of the Holt Manufacturing Company and the C.