FNY Investment Advisers LLC Acquires Shares of 750 Caterpillar Inc. $CAT

FNY Investment Advisers LLC acquired a new stake in shares of Caterpillar Inc. (NYSE:CAT) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 750 shares of the industrial products company’s stock, valued at approximately $798,000.

A number of other institutional investors have also made changes to their positions in the company. Stonebridge Financial Group LLC increased its stake in Caterpillar by 0.7% during the 2nd quarter. Stonebridge Financial Group LLC now owns 1,635 shares of the industrial products company’s stock worth $1,741,000 after buying an additional 11 shares during the period. Inspirion Wealth Advisors LLC boosted its position in Caterpillar by 1.2% in the 2nd quarter. Inspirion Wealth Advisors LLC now owns 944 shares of the industrial products company’s stock valued at $936,000 after buying an additional 11 shares during the last quarter. Cornerstone Advisory LLC boosted its position in Caterpillar by 0.7% in the 1st quarter. Cornerstone Advisory LLC now owns 1,818 shares of the industrial products company’s stock valued at $1,288,000 after buying an additional 12 shares during the last quarter. Advisory Resource Group grew its stake in shares of Caterpillar by 0.8% during the fourth quarter. Advisory Resource Group now owns 1,632 shares of the industrial products company’s stock valued at $935,000 after acquiring an additional 13 shares in the last quarter. Finally, Sunbeam Capital Management LLC increased its position in shares of Caterpillar by 1.1% during the first quarter. Sunbeam Capital Management LLC now owns 1,164 shares of the industrial products company’s stock worth $825,000 after acquiring an additional 13 shares during the last quarter. 70.98% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently commented on CAT. HSBC boosted their price target on Caterpillar from $850.00 to $1,100.00 in a research note on Tuesday, May 5th. Rothschild & Co Redburn lifted their price objective on Caterpillar from $700.00 to $950.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. Zacks Research lowered Caterpillar from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 14th. Sanford C. Bernstein reiterated a “market perform” rating and set a $1,002.00 target price on shares of Caterpillar in a research note on Wednesday. Finally, Bank of America raised their price target on shares of Caterpillar from $930.00 to $989.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Thirteen equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $995.52.

Insider Activity at Caterpillar

In related news, CAO William E. Schaupp sold 360 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $906.00, for a total transaction of $326,160.00. Following the sale, the chief accounting officer directly owned 530 shares of the company’s stock, valued at approximately $480,180. This represents a 40.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Denise C. Johnson sold 12,605 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $907.91, for a total value of $11,444,205.55. Following the transaction, the insider owned 49,825 shares in the company, valued at $45,236,615.75. This trade represents a 20.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 35,444 shares of company stock valued at $32,335,679. Corporate insiders own 0.33% of the company’s stock.

Key Headlines Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: AI infrastructure is driving demand. Caterpillar said construction of data centers and other AI-related facilities is boosting demand for construction equipment and power-generation products. The company is also racing to expand generator capacity for power-hungry data centers. Caterpillar says the AI boom continues to drive construction demand
• Positive Sentiment: Record results and higher guidance support the bullish case. Second-quarter revenue rose 24% year over year to $20.5 billion, while adjusted EPS of $8.17 exceeded estimates of $6.22. Caterpillar raised its 2026 sales-growth outlook, citing a record backlog above $72 billion, stronger segment demand and additional power capacity. CAT Q2 earnings call focuses on backlog and capacity growth
• Positive Sentiment: Power and Energy has become a major growth engine. The segment generated approximately $8.2 billion in quarterly sales and produced more profit than Caterpillar’s Construction Industries business, highlighting the company’s expanding exposure to data-center power demand. Caterpillar now makes almost as much selling power as construction equipment
• Positive Sentiment: Analyst support remains favorable. Truist raised its CAT price target to $1,225 and maintained a Buy rating, indicating continued confidence in the company’s earnings and backlog outlook. Benzinga analyst rating report
• Neutral Sentiment: The immediate pullback appears largely technical. CAT had recently rallied sharply following its earnings beat, so investors may be locking in gains despite the favorable operating update. Optimistic forecasts suggest the stock could eventually reach $1,000, but that remains speculative.
• Negative Sentiment: Valuation creates downside risk. Commentary notes that CAT trades at more than 30 times forward earnings, leaving limited margin for disappointment if AI-related infrastructure spending slows or the industrial cycle weakens. Caterpillar valuation and cyclical risk analysis

Caterpillar Stock Down 1.4%

NYSE:CAT opened at $859.30 on Friday. The company has a market capitalization of $395.78 billion, a price-to-earnings ratio of 36.97, a price-to-earnings-growth ratio of 1.70 and a beta of 1.60. Caterpillar Inc. has a one year low of $405.46 and a one year high of $1,073.46. The stock has a 50-day simple moving average of $921.61 and a 200 day simple moving average of $818.97. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.81 and a current ratio of 1.37.

Caterpillar (NYSE:CAT) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share for the quarter, beating 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 firm had revenue of $20.54 billion during the quarter, compared to analyst estimates of $19.34 billion. During the same period in the previous year, the company earned $4.72 earnings per share. Caterpillar’s quarterly revenue was up 23.7% on a year-over-year basis. Sell-side analysts predict that Caterpillar Inc. will post 24.95 EPS for the current fiscal year.

Caterpillar Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Monday, July 20th will be issued a $1.63 dividend. This is a positive change from Caterpillar’s previous quarterly dividend of $1.51. The ex-dividend date is Monday, July 20th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 0.8%. Caterpillar’s dividend payout ratio (DPR) is presently 28.06%.

Caterpillar Company Profile

Caterpillar Inc is a global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and locomotives. The company’s product portfolio includes earthmoving machines such as excavators, bulldozers, wheel loaders and off?highway trucks, as well as a range of power generation products including generator sets and power systems for industrial and commercial use. Caterpillar serves customers across heavy construction, mining, energy, transportation and related industries with both equipment and integrated technology solutions.

In addition to manufacturing, Caterpillar provides a broad range of aftermarket parts and support services, including maintenance, repair, remanufacturing and fleet management tools.