Caterpillar Inc. $CAT Stock Sold by Moody National Bank Trust Division

Moody National Bank Trust Division lessened its position in Caterpillar Inc. (NYSE:CAT) by 25.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,480 shares of the industrial products company’s stock after selling 850 shares during the quarter. Moody National Bank Trust Division’s holdings in Caterpillar were worth $2,011,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of CAT. Byrne Asset Management LLC boosted its stake in shares of Caterpillar by 19.8% in the third quarter. Byrne Asset Management LLC now owns 4,121 shares of the industrial products company’s stock valued at $3,087,000 after purchasing an additional 681 shares during the period. Legacy Private Trust Co. increased its stake in Caterpillar by 1.8% during the 3rd quarter. Legacy Private Trust Co. now owns 2,851 shares of the industrial products company’s stock worth $2,312,000 after buying an additional 51 shares during the period. Olistico Wealth LLC lifted its holdings in Caterpillar by 1.0% during the 3rd quarter. Olistico Wealth LLC now owns 1,962 shares of the industrial products company’s stock worth $1,591,000 after buying an additional 20 shares in the last quarter. Park National Corp OH lifted its holdings in Caterpillar by 5.1% during the 3rd quarter. Park National Corp OH now owns 40,449 shares of the industrial products company’s stock worth $32,796,000 after buying an additional 1,962 shares in the last quarter. Finally, Horizons Wealth Management purchased a new position in Caterpillar in the 3rd quarter valued at approximately $202,000. Institutional investors and hedge funds own 70.98% of the company’s stock.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: AI data-center demand could support a rebound. Caterpillar lagged other AI-related stocks in the third quarter, but continued data-center construction, infrastructure investment and improving earnings estimates could help CAT recover in the fourth quarter. Buy Q3 AI Data Center Laggards CAT, GLW, JBL for a Rebound in Q4
• Positive Sentiment: Data-center and broader infrastructure tailwinds are real. The AI investment cycle is driving demand for data centers, electricity and related equipment, creating a potentially meaningful growth market for Caterpillar’s energy and power systems. AI Super-Cycle Fuels Record Infrastructure Investments: ETFs to Buy
• Positive Sentiment: End-market demand remains supportive. Analysts highlighted solid construction and mining conditions, infrastructure spending and steady factory orders as factors that could sustain Caterpillar’s growth despite inflation, tariffs and higher oil prices. 4 Stocks to Boost Your Portfolio on Steady Growth in Factory Orders
• Neutral Sentiment: Recent operating performance is strong. Caterpillar’s latest reported quarter produced record revenue of roughly $20.5 billion, with sales rising sharply year over year and earnings exceeding analyst expectations. Those results reinforce the company’s fundamental momentum. Caterpillar is a Great Business. But is CAT Stock a Great Buy?
• Negative Sentiment: Valuation may limit further upside. Despite the strong business outlook, one analysis concluded that CAT’s share price already reflects much of the data-center and infrastructure opportunity, making the stock too expensive for a more bullish rating. Caterpillar: Data Center Tailwinds Are Real, But The Valuation Is Too Steep For Me

Wall Street Analyst Weigh In

Several analysts have recently issued reports on CAT shares. Royal Bank Of Canada increased their price objective on Caterpillar from $877.00 to $897.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 5th. DA Davidson boosted their target price on Caterpillar from $845.00 to $882.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. Wells Fargo & Company upped their price target on Caterpillar from $1,050.00 to $1,155.00 and gave the stock an “overweight” rating in a report on Tuesday, June 23rd. Weiss Ratings cut Caterpillar from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, September 29th. Finally, UBS Group boosted their price objective on Caterpillar from $900.00 to $925.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat, Caterpillar currently has a consensus rating of “Moderate Buy” and a consensus price target of $989.17.

Insider Activity

In related news, CEO Joseph E. Creed sold 32,401 shares of the 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 directly owned 34,555 shares of the company’s stock, valued at $27,954,303.90. This trade represents a 48.39% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.33% of the company’s stock.

Caterpillar Stock Up 1.9%

Shares of NYSE CAT traded up $15.90 during midday trading on Tuesday, hitting $864.04. 1,971,275 shares of the company’s stock were exchanged, compared to its average volume of 2,818,174. The firm’s fifty day simple moving average is $821.77 and its 200-day simple moving average is $851.07. The company has a market cap of $397.17 billion, a PE ratio of 37.18, a P/E/G ratio of 1.47 and a beta of 1.58. Caterpillar Inc. has a twelve month low of $483.55 and a twelve month 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.

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, beating analysts’ consensus estimates of $6.22 by $1.95. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%.The firm had revenue of $20.54 billion during the quarter, compared to the consensus estimate of $19.34 billion. During the same period in the prior year, the company posted $4.72 earnings per share. The firm’s quarterly revenue was up 23.7% compared to the same quarter last year. Research analysts predict that Caterpillar Inc. will post 27.37 EPS for the current fiscal year.

About Caterpillar

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.