5,247 Caterpillar Inc. $CAT Shares Sold by Soltis Investment Advisors LLC

Key Points

• Soltis Investment Advisors cut its Caterpillar stake by 55.9% in the third quarter, selling 5,247 shares and retaining 4,145 shares valued at approximately $3.36 million.
• Caterpillar reported strong quarterly earnings of $7.20 per share, ahead of the $7.06 estimate, while revenue rose 17.3% year over year to $20.68 billion but slightly missed consensus expectations.
• CAT shares opened at $647.22, down 9.3%, amid concerns about the revenue miss, rising inventories, tariffs and capacity constraints; the company also announced a quarterly dividend of $1.63 per share.

Soltis Investment Advisors LLC reduced its holdings in Caterpillar Inc. (NYSE:CAT - Free Report) by 55.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,145 shares of the industrial products company's stock after selling 5,247 shares during the period. Soltis Investment Advisors LLC's holdings in Caterpillar were worth $3,361,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CAT. Stonebridge Financial Group LLC raised its position in shares of Caterpillar by 0.7% during the 2nd quarter. Stonebridge Financial Group LLC now owns 1,635 shares of the industrial products company's stock valued at $1,741,000 after acquiring an additional 11 shares during the last quarter. Inspirion Wealth Advisors LLC lifted its stake in shares of Caterpillar by 1.2% in the 2nd quarter. Inspirion Wealth Advisors LLC now owns 944 shares of the industrial products company's stock valued at $936,000 after purchasing an additional 11 shares during the period. Bell Bank lifted its stake in shares of Caterpillar by 0.6% in the 2nd quarter. Bell Bank now owns 1,865 shares of the industrial products company's stock valued at $1,986,000 after purchasing an additional 11 shares during the period. Cornerstone Advisory LLC boosted its position in shares of Caterpillar by 0.7% in the 1st quarter. Cornerstone Advisory LLC now owns 1,818 shares of the industrial products company's stock worth $1,288,000 after purchasing an additional 12 shares during the last quarter. Finally, Harbor Investment Advisory LLC boosted its position in shares of Caterpillar by 0.6% in the 2nd quarter. Harbor Investment Advisory LLC now owns 2,057 shares of the industrial products company's stock worth $2,190,000 after purchasing an additional 13 shares during the last quarter. 70.98% of the stock is owned by institutional investors.

Caterpillar Trading Down 9.3%

CAT opened at $647.22 on Friday. The firm's fifty day moving average is $787.07 and its two-hundred day moving average is $807.56. The firm has a market cap of $297.51 billion, a PE ratio of 27.85, a price-to-earnings-growth ratio of 1.22 and a beta of 1.58. Caterpillar Inc. has a twelve month low of $537.08 and a twelve month high of $1,073.46. 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 (NYSE:CAT - Get Free Report) last announced its quarterly earnings results on Thursday, October 29th. The industrial products company reported $7.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.06 by $0.14. Caterpillar had a net margin of 14.51% and a return on equity of 55.53%. The company had revenue of $20.68 billion during the quarter, compared to analyst estimates of $20.76 billion. During the same quarter in the previous year, the business earned $4.95 EPS. The firm's revenue was up 17.3% on a year-over-year basis. Equities research analysts anticipate that Caterpillar Inc. will post 27.74 EPS for the current year.

Caterpillar Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Shareholders of record on Monday, October 26th will be paid a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Monday, October 26th. Caterpillar's payout ratio is presently 28.06%.

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar reported third-quarter sales and revenue of $20.7 billion, up 17% year over year, while adjusted earnings per share of $7.20 exceeded analysts’ $7.06 estimate. Caterpillar Reports Third-Quarter 2026 Results
• Positive Sentiment: Demand tied to data-center and power-generation infrastructure remained strong. Power-generation sales rose about 30%, and Caterpillar highlighted a record $78.1 billion backlog, supporting longer-term growth prospects. Caterpillar Q3 2026 Earnings Call Transcript
• Positive Sentiment: The company deployed $2.0 billion toward share repurchases and dividends during the quarter, providing shareholder returns alongside strong profit growth. Caterpillar Reports Third-Quarter 2026 Results
• Neutral Sentiment: Management maintained its annual sales outlook and expects only “moderate” revenue growth in the fourth quarter. This signals continued demand but offers little upside relative to the elevated expectations embedded in CAT’s valuation. Caterpillar Revenue Miss, Outlook Digs Hole for Dow Jones Industrial Average
• Negative Sentiment: Revenue of $20.68 billion fell slightly short of the roughly $20.76 billion consensus forecast. Investors also cited rising inventories, tariff-related costs and capacity constraints, making the earnings beat less persuasive and raising concerns about near-term margins and growth. Caterpillar Stock Slides After Missing Revenue Forecasts

Insider Transactions at Caterpillar

In other Caterpillar 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 directly owned 34,555 shares in the company, valued at $27,954,303.90. This represents a 48.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.33% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Needham & Company LLC set a $980.00 price objective on Caterpillar in a research note on Thursday, September 10th. UBS Group cut their target price on Caterpillar from $925.00 to $750.00 and set a "neutral" rating on the stock in a research note on Monday. Sanford C. Bernstein restated a "market perform" rating and set a $749.00 target price on shares of Caterpillar in a report on Wednesday, October 14th. Oppenheimer restated an "outperform" rating and set a $1,009.00 target price on shares of Caterpillar in a research report on Thursday. Finally, DA Davidson boosted 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 investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company's stock. According to MarketBeat.com, Caterpillar has an average rating of "Moderate Buy" and a consensus price target of $947.42.

About Caterpillar

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.

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