Rep. Lisa C. McClain Buys Shares of Caterpillar Inc. (NYSE:CAT)

Representative Lisa C. McClain (Republican-Michigan) recently bought shares of Caterpillar Inc. (NYSE:CAT). In a filing disclosed on October 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Caterpillar stock on September 28th. The trade occurred in the Representative’s “CHARLES SCHWAB 401K (HANTZ) > SCHWAB 586” account.

Representative Lisa C. McClain also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 9/30/2026.
• Purchased $1,001 – $15,000 in shares of ImmunityBio (NASDAQ:IBRX) on 9/30/2026.
• Sold $15,001 – $50,000 in shares of Seagate Technology (NASDAQ:STX) on 9/30/2026.
• Purchased $1,001 – $15,000 in shares of ImmunityBio (NASDAQ:IBRX) on 9/28/2026.
• Purchased $15,001 – $50,000 in shares of Olin (NYSE:OLN) on 9/14/2026.
• Purchased $1,001 – $15,000 in shares of Novagold Resources (NYSEAMERICAN:NG) on 9/14/2026.
• Purchased $15,001 – $50,000 in shares of Transocean (NYSE:RIG) on 9/14/2026.
• Purchased $15,001 – $50,000 in shares of CACI International (NYSE:CACI) on 9/14/2026.

Caterpillar Stock Performance

CAT stock opened at $772.42 on Wednesday. The company has a market capitalization of $355.06 billion, a P/E ratio of 33.24, a PEG ratio of 1.38 and a beta of 1.58. The company has a quick ratio of 0.85, a current ratio of 1.37 and a debt-to-equity ratio of 1.65. The company has a 50-day simple moving average of $819.49 and a 200 day simple moving average of $855.64. Caterpillar Inc. has a fifty-two week low of $499.01 and a fifty-two week high of $1,073.46.

Caterpillar (NYSE:CAT) last announced its earnings results 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. The business had revenue of $20.54 billion during the quarter, compared to analysts’ expectations of $19.34 billion. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%. The company’s quarterly revenue was up 23.7% on a year-over-year basis. During the same quarter last year, the business posted $4.72 earnings per share. Sell-side analysts predict that Caterpillar Inc. will post 27.49 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Barclays lifted their target price on Caterpillar from $800.00 to $900.00 and gave the company an “equal weight” rating in a research note on Thursday, August 6th. Wall Street Zen raised shares of Caterpillar from a “hold” rating to a “buy” rating in a research note on Saturday. JPMorgan Chase & Co. boosted their price target on shares of Caterpillar from $1,125.00 to $1,165.00 and gave the company an “overweight” rating in a report on Wednesday, June 17th. Wells Fargo & Company upped their price target on shares of Caterpillar from $1,050.00 to $1,155.00 and gave the stock an “overweight” rating in a research note on Tuesday, June 23rd. Finally, UBS Group increased their price objective on Caterpillar from $900.00 to $925.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Fifteen equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $982.92.

Insider Activity

In other Caterpillar news, CEO Joseph E. Creed sold 32,401 shares of the business’s 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 sale, the chief executive officer owned 34,555 shares of the company’s stock, valued at $27,954,303.90. The trade was a 48.39% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.33% of the company’s stock.

Institutional Investors Weigh In On Caterpillar

Institutional investors and hedge funds have recently modified their holdings of the business. BlackRock Inc. bought a new stake in shares of Caterpillar during the 2nd quarter worth $40,457,153,000. Bank of America Corp DE bought a new position in Caterpillar in the 2nd quarter worth approximately $5,818,150,000. Diamant Asset Management Inc. lifted its holdings in shares of Caterpillar by 68,427.2% during the first quarter. Diamant Asset Management Inc. now owns 3,140,603 shares of the industrial products company’s stock worth $2,224,992,000 after buying an additional 3,136,020 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Caterpillar in the second quarter worth $3,192,710,000. Finally, Legal & General Group Plc bought a new position in Caterpillar during the second quarter worth $2,783,451,000. Institutional investors and hedge funds own 70.98% of the company’s stock.

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar announced a planned $1 billion U.S. investment in compact construction equipment, supporting domestic manufacturing capacity and potentially strengthening its position in infrastructure and construction markets. Caterpillar announces $1B US compact equipment investment
• Positive Sentiment: Caterpillar is highlighted as a dividend-paying company with exposure to artificial-intelligence infrastructure through its power-generation equipment, alongside Broadcom and Vertiv. 3 Dividend Paying Stocks Offering AI Exposure
• Neutral Sentiment: Recent comparisons with Deere and Timken frame Caterpillar as a major industrial competitor, but do not introduce a specific new catalyst for CAT. Which Industrials Stock Do Analysts Like Better: Deere or Caterpillar? Timken and Caterpillar Head-To-Head Analysis
• Negative Sentiment: Analysts at Citi and Truist reportedly lowered their price targets, while the stock broke below a key technical support level. The decline from its June peak has intensified concerns about momentum and valuation. Caterpillar stock drops below key support as Citi, Truist slashes target
• Negative Sentiment: The market appears to be questioning the premium assigned to Caterpillar’s data-center power business, particularly whether rapidly growing project demand can remain durable. Caterpillar Sinks as Deere Edges Higher What Could Derail Caterpillar Stock?
• Negative Sentiment: Caterpillar trades at a growth-stock valuation despite its historically cyclical construction and mining businesses. Investors are concerned that dealer restocking and infrastructure demand may moderate after recent strong growth. Caterpillar: A Cyclical Machine Maker Meets a Growth-Stock Valuation
• Negative Sentiment: Erste Group Bank modestly reduced its FY2027 earnings-per-share forecast to $32.14 from $32.28 and maintained a “Hold” rating, adding to the cautious analyst tone. Caterpillar earnings estimate update

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.

Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

Caterpillar Company Profile

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.