Caterpillar (NYSE:CAT) Stock Purchase Disclosed by Rep. Lisa C. McClain

Key Points

• Rep. Lisa C. McClain purchased $1,001–$15,000 of Caterpillar shares on September 28 through a Charles Schwab 401(k) account. She also disclosed several recent trades, including purchases of Microsoft, ImmunityBio, Olin, Transocean and CACI International.
• Caterpillar reported strong quarterly results, with EPS of $8.17 and revenue of $20.54 billion, exceeding analyst expectations; revenue increased 23.7% year over year.
• CAT opened at $772.42, below its 50-day and 200-day moving averages, while analysts maintained a “Moderate Buy” consensus and an average price target of $982.92. The stock faces valuation and growth concerns despite planned U.S. investment and data-center-related demand.

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

Shares of CAT opened at $772.42 on Wednesday. The firm has a market cap of $355.06 billion, a price-to-earnings ratio of 33.56, 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 business's 50 day moving average is $819.49 and its two-hundred day moving average is $855.64. Caterpillar Inc. has a 52-week low of $499.01 and a 52-week high of $1,073.46.

Caterpillar (NYSE:CAT - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $6.22 by $1.95. The business had revenue of $20.54 billion during the quarter, compared to analyst estimates of $19.34 billion. Caterpillar had a net margin of 14.51% and a return on equity of 55.53%. The business's revenue was up 23.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.72 earnings per share. Analysts forecast that Caterpillar Inc. will post 27.49 EPS for the current fiscal year.

Insider Activity

In related news, CEO Joseph E. Creed sold 32,401 shares of the business's stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $808.98, for a total transaction of $26,211,760.98. Following the completion of the transaction, the chief executive officer owned 34,555 shares in the company, valued at $27,954,303.90. The trade was a 48.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.33% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on CAT shares. Robert W. Baird set a $970.00 price objective on shares of Caterpillar in a report on Wednesday, August 5th. Wall Street Zen upgraded shares of Caterpillar from a "hold" rating to a "buy" rating in a research note on Saturday. Royal Bank Of Canada increased their price target on shares of Caterpillar from $877.00 to $897.00 and gave the stock a "sector perform" rating in a research report on Wednesday, August 5th. Freedom Broker raised Caterpillar from a "hold" rating to a "buy" rating and set a $980.00 target price on the stock in a report on Thursday, September 10th. Finally, DA Davidson lifted their target price on Caterpillar from $845.00 to $882.00 and gave the stock a "neutral" rating in a research report on Thursday, August 6th. Fifteen research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $982.92.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of CAT. Signal Advisors Wealth LLC lifted its holdings in Caterpillar by 75.1% in the third quarter. Signal Advisors Wealth LLC now owns 6,558 shares of the industrial products company's stock worth $5,317,000 after acquiring an additional 2,813 shares during the last quarter. GEM Asset Management LLC grew its holdings in shares of Caterpillar by 3.9% during the third quarter. GEM Asset Management LLC now owns 674 shares of the industrial products company's stock valued at $547,000 after purchasing an additional 25 shares during the last quarter. B. Riley Wealth Advisors Inc. grew its holdings in shares of Caterpillar by 40.2% during the third quarter. B. Riley Wealth Advisors Inc. now owns 9,585 shares of the industrial products company's stock valued at $7,771,000 after purchasing an additional 2,750 shares during the last quarter. Krilogy Financial LLC raised its position in shares of Caterpillar by 49.2% during the 3rd quarter. Krilogy Financial LLC now owns 6,822 shares of the industrial products company's stock worth $5,531,000 after purchasing an additional 2,250 shares during the period. Finally, Fagan Associates Inc. raised its position in shares of Caterpillar by 29.6% during the 3rd quarter. Fagan Associates Inc. now owns 2,270 shares of the industrial products company's stock worth $1,841,000 after purchasing an additional 518 shares during the period. 70.98% of the stock is owned by institutional investors and hedge funds.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar’s planned $1 billion U.S. investment in compact construction equipment could expand domestic production capacity and support longer-term growth. Caterpillar announces $1B US compact equipment investment
• Positive Sentiment: Investors continue to view CAT as a dividend-paying way to gain exposure to artificial-intelligence infrastructure, particularly through its power-generation equipment used in data-center projects. 3 Dividend Paying Stocks Offering AI Exposure
• Neutral Sentiment: Recent coverage highlights strong operating momentum: first-half 2026 revenue rose approximately 23%, helped by infrastructure and data-center demand. However, higher dealer inventories raise questions about whether future growth will depend on continued restocking. Caterpillar Can Earnings Keep Growing After Dealers Stop Restocking?
• Negative Sentiment: Analysts and investors are increasingly concerned that Caterpillar’s data-center power opportunity is concentrated in a single project category, making the growth outlook vulnerable if new projects slow or are delayed. CAT trades at roughly 30–34 times earnings, a sizable premium to the broader market, leaving less room for disappointment. What Could Derail Caterpillar Stock?
• Negative Sentiment: Caterpillar’s valuation is being challenged because a traditionally cyclical construction and mining-equipment maker is being priced more like a growth stock. Comparisons with Deere have also favored Deere in recent analyst narratives. Which Industrials Stock Do Analysts Like Better: Deere or Caterpillar?
• Negative Sentiment: Citi and Truist reduced their price targets, while CAT fell below a key technical support level after retreating from its June high near $1,070 to about $759. The target cuts and technical breakdown have reinforced bearish momentum. Caterpillar stock drops below key support as Citi and Truist slash target

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.

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