Caterpillar Inc. $CAT Position Lifted by Choreo LLC

Choreo LLC grew its holdings in shares of Caterpillar Inc. (NYSE:CAT) by 3.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,369 shares of the industrial products company’s stock after acquiring an additional 963 shares during the period. Choreo LLC’s holdings in Caterpillar were worth $20,569,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Decker Retirement Planning Inc. raised its stake in shares of Caterpillar by 440.0% in the second quarter. Decker Retirement Planning Inc. now owns 27 shares of the industrial products company’s stock worth $29,000 after buying an additional 22 shares during the period. Matrix Trust Co lifted its position in shares of Caterpillar by 93.8% during the 2nd quarter. Matrix Trust Co now owns 31 shares of the industrial products company’s stock valued at $33,000 after buying an additional 15 shares in the last quarter. Axiom Investment Management LLC bought a new position in shares of Caterpillar during the 2nd quarter valued at approximately $36,000. PFS Partners LLC grew its stake in shares of Caterpillar by 1,750.0% during the 3rd quarter. PFS Partners LLC now owns 37 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 35 shares during the period. Finally, Tacita Capital Inc purchased a new stake in Caterpillar in the 2nd quarter worth approximately $47,000. 70.98% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have commented on CAT. Freedom Broker upgraded shares of Caterpillar from a “hold” rating to a “buy” rating and set a $980.00 target price on the stock in a research note on Thursday, September 10th. Weiss Ratings upgraded shares of Caterpillar from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, October 14th. Citigroup dropped their price target on shares of Caterpillar from $1,100.00 to $950.00 and set a “buy” rating for the company in a research report on Monday, October 12th. DA Davidson increased their price objective on shares of Caterpillar from $845.00 to $882.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. Finally, Barclays lifted their target price on shares of Caterpillar from $800.00 to $900.00 and gave the company an “equal weight” rating in a research note on Thursday, August 6th. Fifteen analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $947.42.

Insider Activity at Caterpillar

In other news, 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 value of $26,211,760.98. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.33% of the company’s stock.

Caterpillar Stock Performance

NYSE:CAT opened at $647.22 on Friday. The stock has a 50-day moving average price of $787.07 and a 200 day moving average price of $807.56. The stock has a market capitalization of $297.51 billion, a P/E ratio of 27.85, a P/E/G ratio of 1.22 and a beta of 1.58. Caterpillar Inc. has a 12-month low of $537.08 and a 12-month high of $1,073.46. The company has a current ratio of 1.37, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65.

Caterpillar (NYSE:CAT) last posted its quarterly earnings results on Thursday, October 29th. The industrial products company reported $7.20 EPS for the quarter, topping analysts’ consensus estimates of $7.06 by $0.14. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%. The company had revenue of $20.68 billion for the quarter, compared to analysts’ expectations of $20.76 billion. During the same period in the previous year, the firm earned $4.95 EPS. The firm’s revenue was up 17.3% compared to the same quarter last year. Equities research analysts forecast that Caterpillar Inc. will post 27.74 EPS for the current fiscal year.

Caterpillar Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 19th. Stockholders of record on Monday, October 26th will be given a dividend of $1.63 per share. The ex-dividend date is Monday, October 26th. This represents a $6.52 annualized dividend and a dividend yield of 1.0%. Caterpillar’s dividend payout ratio (DPR) is presently 28.06%.

Key Headlines Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar reported third-quarter sales and revenue of $20.7 billion, up 17% year over year, while adjusted earnings per share of $7.20 exceeded analysts’ $7.06 estimate. Caterpillar Reports Third-Quarter 2026 Results
• Positive Sentiment: Demand tied to data-center and power-generation infrastructure remained strong. Power-generation sales rose about 30%, and Caterpillar highlighted a record $78.1 billion backlog, supporting longer-term growth prospects. Caterpillar Q3 2026 Earnings Call Transcript
• Positive Sentiment: The company deployed $2.0 billion toward share repurchases and dividends during the quarter, providing shareholder returns alongside strong profit growth. Caterpillar Reports Third-Quarter 2026 Results
• Neutral Sentiment: Management maintained its annual sales outlook and expects only “moderate” revenue growth in the fourth quarter. This signals continued demand but offers little upside relative to the elevated expectations embedded in CAT’s valuation. Caterpillar Revenue Miss, Outlook Digs Hole for Dow Jones Industrial Average
• Negative Sentiment: Revenue of $20.68 billion fell slightly short of the roughly $20.76 billion consensus forecast. Investors also cited rising inventories, tariff-related costs and capacity constraints, making the earnings beat less persuasive and raising concerns about near-term margins and growth. Caterpillar Stock Slides After Missing Revenue Forecasts

About Caterpillar

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.