3,107 Caterpillar Inc. $CAT Shares Bought by IFP Advisors Inc

Key Points

• IFP Advisors increased its Caterpillar stake by 22.3% in the third quarter, purchasing 3,107 additional shares for a total of 17,056 shares valued at approximately $13.65 million.
• Institutional investors and hedge funds own 70.98% of Caterpillar, while analysts maintain a “Moderate Buy” consensus rating with an average price target of $967.83.
• Caterpillar reported quarterly earnings of $8.17 per share, surpassing estimates by $1.95, while revenue rose 23.7% year over year to $20.54 billion. The company also declared a quarterly dividend of $1.63 per share.

IFP Advisors Inc increased its stake in Caterpillar Inc. (NYSE:CAT - Free Report) by 22.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,056 shares of the industrial products company's stock after acquiring an additional 3,107 shares during the quarter. IFP Advisors Inc's holdings in Caterpillar were worth $13,649,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in Caterpillar in the second quarter worth $40,457,153,000. State Street Corp increased its stake in Caterpillar by 4.0% in the second quarter. State Street Corp now owns 36,276,960 shares of the industrial products company's stock valued at $37,120,529,000 after purchasing an additional 1,396,356 shares in the last quarter. Bank of America Corp DE bought a new stake in Caterpillar in the second quarter valued at $5,818,150,000. Diamant Asset Management Inc. raised 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 valued at $2,224,992,000 after purchasing an additional 3,136,020 shares during the period. Finally, Bank of New York Mellon Corp acquired a new position in shares of Caterpillar during the second quarter valued at about $3,192,710,000. Institutional investors and hedge funds own 70.98% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on CAT. DA Davidson increased their price objective on shares of Caterpillar from $845.00 to $882.00 and gave the stock a "neutral" rating in a research report on Thursday, August 6th. Robert W. Baird set a $970.00 target price on Caterpillar in a research note on Wednesday, August 5th. Royal Bank Of Canada boosted their target price on Caterpillar from $877.00 to $897.00 and gave the company a "sector perform" rating in a research report on Wednesday, August 5th. Wall Street Zen raised Caterpillar from a "hold" rating to a "buy" rating in a research report on Saturday, October 10th. Finally, Erste Group Bank downgraded Caterpillar from a "buy" rating to a "hold" rating in a research note on Monday, July 27th. Fifteen analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat, Caterpillar currently has an average rating of "Moderate Buy" and a consensus target price of $967.83.

Caterpillar Stock Performance

NYSE CAT opened at $730.01 on Friday. The company has a fifty day simple moving average of $812.24 and a 200 day simple moving average of $855.37. Caterpillar Inc. has a 12-month low of $510.21 and a 12-month high of $1,073.46. The company has a current ratio of 1.37, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65. The company has a market cap of $335.57 billion, a P/E ratio of 31.41, a PEG ratio of 1.26 and a beta of 1.58.

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

Caterpillar Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 19th. Stockholders of record on Monday, October 26th will be issued a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Monday, October 26th. Caterpillar's dividend payout ratio (DPR) is currently 28.06%.

Insider Activity at Caterpillar

In other news, CEO Joseph E. Creed sold 32,401 shares of the business's stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $808.98, for a total transaction of $26,211,760.98. Following the completion of the sale, the chief executive officer directly owned 34,555 shares of the company's stock, valued at $27,954,303.90. The trade was a 48.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.33% of the stock is currently owned by insiders.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar will invest up to $10 million in North Carolina workforce training, supporting technicians and manufacturing workers as it expands its Sanford operations. The investment complements a previously announced roughly $1 billion facility investment intended to increase compact-equipment production. Caterpillar Invests in North Carolina's Future Manufacturing Workforce
• Positive Sentiment: The acquisition of the Fabick CAT dealer network could strengthen Caterpillar’s distribution and customer-support footprint, although financial terms and the transaction’s earnings impact were not provided. Caterpillar acquires Fabick Cat dealer network
• Neutral Sentiment: Caterpillar scheduled its third-quarter 2026 results for October 29, giving investors a near-term catalyst to assess demand, margins and guidance. Caterpillar Third-Quarter 2026 Results Announcement
• Neutral Sentiment: Resource Industries President Denise Johnson will retire in February 2027, with Derrick York appointed as her successor effective November 1. Johnson will remain in an advisory role during the transition, limiting immediate disruption concerns. Caterpillar Announces Leadership Transition in Resource Industries
• Negative Sentiment: An analyst downgrade pressured the stock, while Oppenheimer issued a pessimistic forecast. These actions reinforce concerns about Caterpillar’s valuation and future earnings outlook. Caterpillar Shares Down on Analyst Downgrade
• Negative Sentiment: A broader unwind in the AI-related power trade also weighed on Caterpillar, as investors reassessed companies expected to benefit from data-center electricity demand. Comparisons with Generac highlighted differences in backlog, valuation and financial strength. AI Power Trade Unwinds

Caterpillar Company Profile

Caterpillar Inc is a manufacturer of construction, mining, and industrial equipment. Its product portfolio includes excavators, bulldozers, wheel loaders, motor graders, articulated trucks, and other machinery used in construction, infrastructure development, mining, quarrying, forestry, and related industries. The company also produces diesel and natural gas engines, industrial gas turbines, generator sets, and other power-generation and transportation equipment.

Caterpillar operates through businesses focused on construction industries, resource industries, and energy and transportation.

Want to see what other hedge funds are holding CAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Caterpillar Inc. (NYSE:CAT - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.