Platt Wealth Management LLC Makes New $2.76 Million Investment in Caterpillar Inc. $CAT

Platt Wealth Management LLC bought a new stake in shares of Caterpillar Inc. (NYSE:CAT) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 3,400 shares of the industrial products company’s stock, valued at approximately $2,756,000. Caterpillar makes up approximately 2.2% of Platt Wealth Management LLC’s portfolio, making the stock its 17th largest position.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Hohimer Wealth Management LLC boosted its holdings in shares of Caterpillar by 7.5% during the 3rd quarter. Hohimer Wealth Management LLC now owns 2,422 shares of the industrial products company’s stock valued at $1,964,000 after purchasing an additional 169 shares during the last quarter. Almanack Investment Partners LLC. grew its position in shares of Caterpillar by 8.0% during the third quarter. Almanack Investment Partners LLC. now owns 2,321 shares of the industrial products company’s stock valued at $1,882,000 after purchasing an additional 172 shares in the last quarter. Means Investment CO. Inc. grew its position in shares of Caterpillar by 0.9% during the third quarter. Means Investment CO. Inc. now owns 2,141 shares of the industrial products company’s stock valued at $1,736,000 after purchasing an additional 20 shares in the last quarter. Paragon Advisors LLC increased its holdings in shares of Caterpillar by 21.8% in the third quarter. Paragon Advisors LLC now owns 3,228 shares of the industrial products company’s stock worth $2,617,000 after purchasing an additional 577 shares during the last quarter. Finally, Elite Wealth Management Inc. increased its holdings in shares of Caterpillar by 113.2% in the third quarter. Elite Wealth Management Inc. now owns 10,406 shares of the industrial products company’s stock worth $8,437,000 after purchasing an additional 5,524 shares during the last quarter. 70.98% of the stock is currently owned by institutional investors.

Caterpillar Stock Performance

Caterpillar stock opened at $559.32 on Monday. The company’s 50-day moving average price is $760.19 and its 200-day moving average price is $806.23. Caterpillar Inc. has a twelve month low of $537.08 and a twelve month high of $1,073.46. The company has a quick ratio of 0.88, a current ratio of 1.42 and a debt-to-equity ratio of 1.50. The company has a market cap of $255.94 billion, a PE ratio of 21.94, a price-to-earnings-growth ratio of 0.97 and a beta of 1.65.

Caterpillar (NYSE:CAT) last announced its quarterly earnings results on Thursday, October 29th. The industrial products company reported $7.20 EPS for the quarter, beating analysts’ consensus estimates of $7.06 by $0.14. Caterpillar had a net margin of 15.21% and a return on equity of 59.87%. The firm had revenue of $20.68 billion during the quarter, compared to the consensus estimate of $20.76 billion. During the same quarter last year, the firm earned $4.95 EPS. The firm’s revenue for the quarter was up 17.3% compared to the same quarter last year. On average, equities research analysts forecast that Caterpillar Inc. will post 27.39 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. Shareholders 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 dividend on an annualized basis and a yield of 1.2%. Caterpillar’s dividend payout ratio is 25.58%.

Insider Buying and Selling

In related news, Director C Jr acquired 1,000 shares of the stock in a transaction dated Monday, November 2nd. The stock was acquired at an average cost of $620.39 per share, with a total value of $620,390.00. Following the purchase, the director directly owned 4,714 shares of the company’s stock, valued at approximately $2,924,518.46. This trade represents a 26.93% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Joseph E. Creed sold 32,401 shares of Caterpillar stock in a transaction that occurred 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 completion of the transaction, the chief executive officer owned 34,555 shares of the company’s stock, valued at approximately $27,954,303.90. This trade represents a 48.39% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.33% of the company’s stock.

Wall Street Analyst Weigh In

CAT has been the subject of a number of research reports. Freedom Broker dropped their price target on Caterpillar from $980.00 to $800.00 and set a “buy” rating for the company in a research note on Monday, November 2nd. President Capital assumed coverage on Caterpillar in a research note on Friday, September 18th. They issued a “buy” rating and a $999.00 price objective on the stock. UBS Group reduced their price objective on Caterpillar from $925.00 to $750.00 and set a “neutral” rating on the stock in a research note on Monday, October 26th. Oppenheimer reaffirmed an “outperform” rating and set a $1,009.00 price objective on shares of Caterpillar in a report on Thursday, October 29th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and set a $749.00 target price on shares of Caterpillar in a research report on Wednesday, October 14th. Fifteen analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $898.25.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Strong results and backlog support the outlook. Caterpillar’s third-quarter earnings beat estimates, while its $78.1 billion backlog, stronger cash flow and expanding margins point to solid demand. The company is also expanding capacity to meet power-generation demand. Article: CAT Shares Fall Despite Q3 Earnings Beat
• Neutral Sentiment: Upcoming investor event. Construction Industries Group President Rod Shurman is scheduled to take part in a Bernstein-hosted fireside chat on Nov. 17; no new financial guidance was announced. Article: Caterpillar executive to participate in Bernstein fireside chat
• Negative Sentiment: AI-trade selling and valuation concerns weigh on the stock. Investors have been selling Caterpillar alongside other industrial companies amid worries that AI-related investment could slow. The market increasingly treats CAT as a data-center power play, exposing it to shifts in sentiment even though power generation accounted for about 15% of 2025 sales. Article: AI selloff spreads to industrials
• Negative Sentiment: Execution and cyclical risks remain. Reports cite orders falling, dealers trimming inventories, and tariffs, manufacturing costs and production constraints pressuring margins. Morgan Stanley also cut its price target by 26% after earnings, highlighting the risk of a cyclical test despite the backlog. Article: Morgan Stanley cuts Caterpillar price target

Caterpillar Profile

Caterpillar Inc is a global manufacturer of construction and mining equipment, engines, turbines, and related products and services. Its offerings include earthmoving and material-handling machines, diesel and natural gas engines, power-generation systems, and equipment and technologies used in mining and transportation. The company’s products are commonly sold under the Cat brand.

Caterpillar serves customers in markets around the world through a network of independent dealers. Its businesses also provide parts, maintenance, equipment rental, and other support services, as well as financing and insurance through its financial services operations.

The company was formed in 1925 through the merger of the Holt Manufacturing Company and the C.