Caterpillar Inc. $CAT Shares Sold by LaFleur & Godfrey LLC

LaFleur & Godfrey LLC cut its stake in Caterpillar Inc. (NYSE:CAT) by 7.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,296 shares of the industrial products company’s stock after selling 3,047 shares during the period. Caterpillar accounts for 3.6% of LaFleur & Godfrey LLC’s investment portfolio, making the stock its 5th largest holding. LaFleur & Godfrey LLC’s holdings in Caterpillar were worth $30,239,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. North Dakota State Investment Board boosted its position in shares of Caterpillar by 3.9% during the 3rd quarter. North Dakota State Investment Board now owns 13,912 shares of the industrial products company’s stock valued at $11,280,000 after purchasing an additional 523 shares in the last quarter. Beacon Bank & Trust grew its stake in Caterpillar by 1.6% during the third quarter. Beacon Bank & Trust now owns 6,105 shares of the industrial products company’s stock worth $4,950,000 after purchasing an additional 96 shares during the period. Vantage Investment Partners LLC grew its stake in Caterpillar by 4.5% during the third quarter. Vantage Investment Partners LLC now owns 23,386 shares of the industrial products company’s stock worth $18,961,000 after purchasing an additional 1,015 shares during the period. Corrado Advisors LLC bought a new stake in Caterpillar in the third quarter worth approximately $224,000. Finally, Lynx Investment Advisory lifted its stake in Caterpillar by 5.3% in the third quarter. Lynx Investment Advisory now owns 1,024 shares of the industrial products company’s stock valued at $830,000 after buying an additional 52 shares during the period. Institutional investors and hedge funds own 70.98% of the company’s stock.

Caterpillar Stock Performance

Shares of Caterpillar stock opened at $715.07 on Thursday. The business has a 50-day simple moving average of $790.42 and a 200 day simple moving average of $807.41. Caterpillar Inc. has a one year low of $537.08 and a one year high of $1,073.46. 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 firm has a market capitalization of $328.70 billion, a price-to-earnings ratio of 30.77, a PEG ratio of 1.18 and a beta of 1.58.

Caterpillar (NYSE:CAT) last announced its quarterly earnings results 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 return on equity of 55.53% and a net margin of 14.51%. The business had revenue of $20.54 billion for the quarter, compared to analyst estimates of $19.34 billion. During the same quarter in the prior year, the company earned $4.72 earnings per share. The company’s quarterly revenue was up 23.7% on a year-over-year basis. On average, research analysts anticipate that Caterpillar Inc. will post 27.74 earnings per share for the current fiscal year.

Caterpillar Dividend Announcement

The company also recently announced 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. This represents a $6.52 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, October 26th. Caterpillar’s dividend payout ratio is presently 28.06%.

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Wall Street expects Caterpillar to report strong third-quarter sales and earnings growth, with revenue projected to exceed second-quarter sales. A beat, resilient margins, or an improved outlook could help reverse the recent pullback. Caterpillar Q3 2026 earnings preview: Revenue expected to top Q2 sales
• Positive Sentiment: Investors are watching demand for Caterpillar’s power systems, including potential AI and data-center infrastructure demand. Strong orders or backlog commentary would reinforce the company’s long-term growth narrative. Caterpillar Earnings Are Yet Another Bet on AI
• Positive Sentiment: One valuation analysis suggests CAT could be roughly 20% undervalued after its recent decline, based on expected future cash generation, its heavy-equipment and power businesses, and its substantial order pipeline. Caterpillar Stock May Be 20% Undervalued Following Backlog Questions
• Neutral Sentiment: Analysts have recently adjusted their forecasts and price targets ahead of the earnings release, making the report and management’s guidance important catalysts for the stock. Caterpillar Gears Up For Q3 Print
• Neutral Sentiment: Articles comparing Caterpillar with Eaton and Deere highlight its dealer network, free-cash-flow generation, and dividend profile, but also show investors weighing CAT against faster-growing electrical-infrastructure opportunities. Caterpillar vs. Eaton
• Negative Sentiment: The recent selloff reflects concerns that Caterpillar’s valuation already discounts strong execution, while questions about backlog quality and future cash flows could limit upside if the earnings report disappoints. Caterpillar Dropped 10% in a Month
• Negative Sentiment: Caterpillar’s legal challenge involving the United Kingdom’s post-Brexit tariffs introduces a potential trade-cost and regulatory overhang, although the immediate financial impact is unclear. Caterpillar mounts landmark legal test of UK’s post-Brexit tariffs

Insider Buying and Selling at Caterpillar

In related news, CEO Joseph E. Creed sold 32,401 shares of the stock in a transaction on 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 transaction, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.33% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research firms have issued reports on CAT. Oppenheimer cut their price target on Caterpillar from $1,118.00 to $1,009.00 and set an “outperform” rating on the stock in a report on Wednesday, October 14th. President Capital assumed coverage on shares of Caterpillar in a research note on Friday, September 18th. They issued a “buy” rating and a $999.00 price objective for the company. Zacks Research downgraded shares of Caterpillar from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. DA Davidson increased their target price 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, Weiss Ratings raised shares of Caterpillar from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, October 14th. Fifteen research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat.com, Caterpillar currently has an average rating of “Moderate Buy” and a consensus target price of $947.42.

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.