5,144 Caterpillar Inc. $CAT Shares Bought by NFSG Corp

Key Points

• NFSG Corp increased its Caterpillar stake by 388.5% in the third quarter, purchasing 5,144 additional shares for a total holding of 6,468 shares valued at approximately $5.24 million.
• Caterpillar reported strong quarterly results, with earnings of $8.17 per share and revenue of $20.54 billion, exceeding analyst expectations. The company also declared a quarterly dividend of $1.63 per share, yielding about 0.9% annually.
• CAT shares recently traded at $730.01, below their 50- and 200-day moving averages, amid analyst concerns and a downgrade. Despite this, analysts maintain a “Moderate Buy” consensus with an average price target of $967.83.

NFSG Corp raised its holdings in shares of Caterpillar Inc. (NYSE:CAT - Free Report) by 388.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,468 shares of the industrial products company's stock after buying an additional 5,144 shares during the quarter. NFSG Corp's holdings in Caterpillar were worth $5,244,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. BlackRock Inc. bought a new stake in Caterpillar in the 2nd quarter valued at $40,457,153,000. Bank of America Corp DE acquired a new stake in Caterpillar in the 2nd quarter worth $5,818,150,000. Diamant Asset Management Inc. grew its position in Caterpillar by 68,427.2% in the 1st quarter. Diamant Asset Management Inc. now owns 3,140,603 shares of the industrial products company's stock worth $2,224,992,000 after purchasing an additional 3,136,020 shares during the last quarter. Bank of New York Mellon Corp bought a new position in shares of Caterpillar during the 2nd quarter worth about $3,192,710,000. Finally, Legal & General Group Plc bought a new position in shares of Caterpillar during the 2nd quarter worth about $2,783,451,000. 70.98% of the stock is owned by institutional investors.

Insider Transactions at Caterpillar

In related news, CEO Joseph E. Creed sold 32,401 shares of the stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 34,555 shares of the company's stock, valued at $27,954,303.90. This represents a 48.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.33% of the stock is owned by company insiders.

Caterpillar Stock Performance

CAT traded down $5.63 during trading on Friday, reaching $730.01. 2,867,128 shares of the company's stock were exchanged, compared to its average volume of 2,612,442. The company has a market capitalization of $335.57 billion, a P/E ratio of 31.41, a PEG ratio of 1.27 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 has a 50 day moving average price of $812.24 and a 200 day moving average price of $855.37. Caterpillar Inc. has a fifty-two week low of $510.21 and a fifty-two week high of $1,073.46.

Caterpillar (NYSE:CAT - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.22 by $1.95. The company had revenue of $20.54 billion during the quarter, compared to analysts' expectations 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% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.72 EPS. As a group, analysts predict that Caterpillar Inc. will post 27.49 earnings per share for the current fiscal year.

Caterpillar Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Monday, October 26th will be paid a $1.63 dividend. The ex-dividend date of this dividend is Monday, October 26th. This represents a $6.52 dividend on an annualized basis and a yield of 0.9%. Caterpillar's payout ratio is presently 28.06%.

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

Wall Street Analyst Weigh In

A number of research analysts have recently commented on CAT shares. President Capital started coverage on shares of Caterpillar in a research report on Friday, September 18th. They set a "buy" rating and a $999.00 price objective for the company. Citigroup decreased their target price on Caterpillar from $1,100.00 to $950.00 and set a "buy" rating on the stock in a research report on Monday, October 12th. Zacks Research lowered Caterpillar from a "strong-buy" rating to a "hold" rating in a research note on Monday, October 5th. Freedom Broker raised Caterpillar from a "hold" rating to a "buy" rating and set a $980.00 price target for the company in a report on Thursday, September 10th. Finally, Truist Financial reduced their price objective on Caterpillar from $1,225.00 to $1,100.00 and set a "buy" rating for the company in a research report on Monday, October 5th. 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 company presently has an average rating of "Moderate Buy" and a consensus target price of $967.83.

Caterpillar 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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