3,386 Shares in Caterpillar Inc. $CAT Bought by Moore Capital Management LP

Key Points

• Moore Capital Management acquired 3,386 Caterpillar shares worth approximately $3.6 million during the second quarter. Institutional investors collectively own 70.98% of the company.
• Caterpillar’s CEO sold 32,401 shares for roughly $26.2 million, reducing his ownership by 48.39%; insiders now own 0.33% of the stock.
• The company reported quarterly earnings of $8.17 per share and revenue of $20.54 billion, beating estimates and marking 23.7% year-over-year revenue growth. Analysts maintain a “Moderate Buy” consensus with an average price target of $995.52.

Moore Capital Management LP acquired a new stake in shares of Caterpillar Inc. (NYSE:CAT - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,386 shares of the industrial products company's stock, valued at approximately $3,606,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Lam Group Inc. purchased a new position in Caterpillar during the first quarter valued at approximately $26,000. Frazier Financial Advisors LLC increased its holdings in Caterpillar by 220.0% in the fourth quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company's stock valued at $28,000 after buying an additional 33 shares in the last quarter. Decker Retirement Planning Inc. grew its position in shares of Caterpillar by 440.0% in the second quarter. Decker Retirement Planning Inc. now owns 27 shares of the industrial products company's stock valued at $29,000 after purchasing an additional 22 shares during the period. Cornerstone Financial Management LLC acquired a new position in Caterpillar during the fourth quarter worth about $32,000. Finally, Matrix Trust Co increased its holdings in shares of Caterpillar by 93.8% during the 2nd quarter. Matrix Trust Co now owns 31 shares of the industrial products company's stock worth $33,000 after buying an additional 15 shares during the last quarter. 70.98% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Caterpillar

In other news, CEO Joseph E. Creed sold 32,401 shares of the stock in a transaction dated 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 sale, the chief executive officer owned 34,555 shares in the company, valued at approximately $27,954,303.90. This trade represents a 48.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.33% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. DA Davidson upped their price target on Caterpillar from $845.00 to $882.00 and gave the stock a "neutral" rating in a report on Thursday, August 6th. Rothschild & Co Redburn upped their price objective on shares of Caterpillar from $700.00 to $950.00 and gave the stock a "neutral" rating in a research report on Thursday, May 14th. Truist Financial set a $980.00 target price on shares of Caterpillar in a research report on Wednesday, August 5th. Zacks Research upgraded Caterpillar from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, August 12th. Finally, Barclays lifted their price target on shares of Caterpillar from $800.00 to $900.00 and gave the stock an "equal weight" rating in a report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat.com, Caterpillar has a consensus rating of "Moderate Buy" and an average target price of $995.52.

Caterpillar Stock Down 0.7%

Shares of NYSE:CAT opened at $816.41 on Thursday. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 1.37. Caterpillar Inc. has a 1 year low of $419.50 and a 1 year high of $1,073.46. The stock has a market capitalization of $375.28 billion, a P/E ratio of 35.13, a PEG ratio of 1.43 and a beta of 1.60. The stock has a 50-day simple moving average of $859.73 and a 200-day simple moving average of $840.13.

Caterpillar (NYSE:CAT - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share 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 firm had revenue of $20.54 billion for the quarter, compared to analysts' expectations of $19.34 billion. During the same period in the previous year, the company posted $4.72 earnings per share. Caterpillar's revenue was up 23.7% compared to the same quarter last year. Equities analysts forecast that Caterpillar Inc. will post 27.37 earnings per share for the current year.

Key Stories Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analysts raised earnings estimates across multiple periods. Zacks Research increased its forecasts for Q3 2026, FY2026, FY2027, Q1–Q4 2027, Q2 2028 and FY2028. Its FY2027 estimate rose to $31.43 per share from $30.14, while its FY2028 forecast increased to $36.64 from $35.97. Zacks maintained a “Strong Buy” rating. MarketBeat Caterpillar analyst estimates
• Positive Sentiment: AI and automation remain a growth catalyst. Caterpillar’s collaboration with FieldAI is intended to advance physical AI, autonomous equipment and robotics, potentially improving customer safety and efficiency while creating new technology-driven revenue opportunities. Caterpillar FieldAI partnership
• Positive Sentiment: Industrial and manufacturing trends support demand. Lean inventories and continued U.S. production growth are cited as reasons Caterpillar remains attractive among industrial stocks. Piper Sandler also identifies Caterpillar as a potential beneficiary of a rotation from high-priced AI leaders toward industrial companies. U.S. manufacturing growth stocks
• Neutral Sentiment: CAT has significantly outperformed over the past year. Coverage highlights a record backlog, strong earnings and an improved 2026 outlook, but compares Caterpillar’s performance with other industrial-product companies rather than providing a new company-specific catalyst. Caterpillar buy sell or hold analysis
• Negative Sentiment: Valuation and interest-rate risks remain concerns. CAT trades at a high earnings multiple after its substantial rally. Piper Sandler cautions that a move in the 10-year Treasury yield above roughly 4.80% could challenge the industrial-rotation thesis and pressure rate-sensitive valuations. Piper Sandler industrial stocks and Treasury yields

Caterpillar Profile

Caterpillar Inc is a global manufacturer of construction, mining, and industrial equipment. The company's products include excavators, dozers, wheel loaders, motor graders, articulated trucks, and off-highway trucks, as well as related attachments and work tools. Caterpillar also supplies replacement parts, equipment services, technology solutions, and rental support through its dealer network.

The company serves customers in construction, mining, quarrying, energy, transportation, forestry, agriculture, and government-related industries.

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