GAMMA Investing LLC Buys 707 Shares of Caterpillar Inc. $CAT

GAMMA Investing LLC increased its stake in shares of Caterpillar Inc. (NYSE:CAT) by 5.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,723 shares of the industrial products company’s stock after purchasing an additional 707 shares during the quarter. Caterpillar makes up 0.6% of GAMMA Investing LLC’s holdings, making the stock its 28th largest position. GAMMA Investing LLC’s holdings in Caterpillar were worth $15,679,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Axxcess Wealth Management LLC increased its holdings in shares of Caterpillar by 2.8% during the fourth quarter. Axxcess Wealth Management LLC now owns 22,420 shares of the industrial products company’s stock valued at $12,844,000 after acquiring an additional 604 shares in the last quarter. Juno Financial Group LLC acquired a new stake in Caterpillar in the 4th quarter worth approximately $877,000. DSG Capital Advisors LLC purchased a new stake in Caterpillar during the 1st quarter worth approximately $1,226,000. Cornerstone Planning LLC acquired a new position in Caterpillar during the 4th quarter valued at approximately $4,517,000. Finally, Ticino Wealth purchased a new position in shares of Caterpillar in the fourth quarter worth $2,488,000. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Record quarterly results: Second-quarter sales and revenues rose 24% year over year to $20.5 billion, Caterpillar’s first quarter above $20 billion. Adjusted profit per share was $8.17, well above the roughly $6.22 analyst consensus, while reported profit per share was $7.77 versus $4.62 a year earlier. Caterpillar Reports Second-Quarter 2026 Results
• Positive Sentiment: AI infrastructure demand remains a major catalyst: Strong orders for power-generation equipment, engines and generators supporting data centers helped drive earnings growth. Construction and mining equipment demand also contributed to higher volume and pricing. Caterpillar lifts 2026 sales growth target on strong data center demand after quarterly profit beat
• Positive Sentiment: Upgraded outlook and broadening momentum: Management now expects full-year revenue growth in the mid-to-high teens, improving on its previous low-double-digit forecast. The company also highlighted a record order backlog and strength across multiple end markets. Caterpillar Stock Jumps, Lifting Dow, as Company Sees Broadening Momentum
• Positive Sentiment: Shareholder returns support sentiment: Caterpillar deployed $2.2 billion for dividends and share repurchases during the quarter, underscoring strong cash generation.
• Neutral Sentiment: Investor considerations: CAT’s valuation is elevated after the rally, and future performance remains exposed to the cyclicality of construction and mining markets as well as the sustainability of AI data-center spending. The earnings call’s emphasis on “broadening momentum” helps offset, but does not eliminate, those risks. Caterpillar Q2 2026 Earnings Call Transcript

Insider Transactions at Caterpillar

In other Caterpillar news, CAO William E. Schaupp sold 360 shares of the business’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 value of $326,160.00. Following the completion of the transaction, the chief accounting officer directly owned 530 shares of the company’s stock, valued at approximately $480,180. The trade was a 40.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Denise C. Johnson sold 12,605 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the insider owned 49,825 shares in the company, valued at approximately $45,236,615.75. This represents a 20.19% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 35,444 shares of company stock worth $32,335,679 over the last quarter. 0.33% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on CAT shares. Jefferies Financial Group lifted their price objective on shares of Caterpillar from $900.00 to $1,045.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Barclays upped their target price on Caterpillar from $700.00 to $800.00 and gave the company an “equal weight” rating in a research report on Friday, May 1st. JPMorgan Chase & Co. lifted their price target on Caterpillar from $1,125.00 to $1,165.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 17th. Truist Financial boosted their price target on Caterpillar from $1,043.00 to $1,218.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Finally, Argus increased their price objective on Caterpillar from $820.00 to $990.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Thirteen analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat, Caterpillar has a consensus rating of “Moderate Buy” and a consensus target price of $966.90.

Caterpillar Stock Up 6.0%

CAT stock opened at $879.99 on Wednesday. The company has a market capitalization of $405.31 billion, a P/E ratio of 43.80, a price-to-earnings-growth ratio of 1.62 and a beta of 1.60. Caterpillar Inc. has a 12 month low of $405.46 and a 12 month high of $1,073.46. The firm’s fifty day simple moving average is $922.93 and its 200-day simple moving average is $815.89. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.35 and a quick ratio of 0.81.

Caterpillar (NYSE:CAT) last issued its 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 net margin of 13.33% and a return on equity of 48.21%. The firm had revenue of $20.54 billion during the quarter, compared to analysts’ expectations of $19.34 billion. During the same quarter last year, the company posted $4.72 earnings per share. The firm’s revenue was up 23.7% compared to the same quarter last year. As a group, equities research analysts forecast that Caterpillar Inc. will post 24.87 earnings per share for the current year.

Caterpillar Increases Dividend

The business also recently disclosed 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 boost from Caterpillar’s previous quarterly dividend of $1.51. The ex-dividend date of this dividend is Monday, July 20th. This represents a $6.52 annualized dividend and a dividend yield of 0.7%. Caterpillar’s payout ratio is presently 32.45%.

Caterpillar 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.