5,524 Caterpillar Inc. $CAT Shares Bought by Elite Wealth Management Inc.

Key Points

• Elite Wealth Management increased its Caterpillar stake by 113.2% in the third quarter, buying 5,524 shares to hold 10,406 shares valued at about $8.44 million.
• Caterpillar beat quarterly earnings estimates, with EPS of $7.20 versus $7.06 expected; its $78.1 billion backlog and stronger cash flow support the outlook.
• Risks and mixed signals remain: concerns about cyclical demand, costs and AI-related sentiment have weighed on the stock, while analyst ratings are split between Buy and Hold. A director bought 1,000 shares, while the CEO sold 32,401 shares.

Elite Wealth Management Inc. boosted its stake in shares of Caterpillar Inc. (NYSE:CAT - Free Report) by 113.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,406 shares of the industrial products company's stock after buying an additional 5,524 shares during the period. Caterpillar accounts for about 1.6% of Elite Wealth Management Inc.'s investment portfolio, making the stock its 16th biggest holding. Elite Wealth Management Inc.'s holdings in Caterpillar were worth $8,437,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Decker Retirement Planning Inc. raised its position in shares of Caterpillar by 440.0% in the 2nd quarter. Decker Retirement Planning Inc. now owns 27 shares of the industrial products company's stock worth $29,000 after acquiring an additional 22 shares in the last quarter. PFS Partners LLC lifted its stake in shares of Caterpillar by 1,750.0% during the 3rd quarter. PFS Partners LLC now owns 37 shares of the industrial products company's stock worth $30,000 after purchasing an additional 35 shares during the last quarter. Matrix Trust Co boosted its position in Caterpillar by 93.8% during the second quarter. Matrix Trust Co now owns 31 shares of the industrial products company's stock valued at $33,000 after purchasing an additional 15 shares in the last quarter. Cedar Mountain Advisors LLC boosted its position in Caterpillar by 82.1% during the first quarter. Cedar Mountain Advisors LLC now owns 51 shares of the industrial products company's stock valued at $36,000 after purchasing an additional 23 shares in the last quarter. Finally, Axiom Investment Management LLC purchased a new position in Caterpillar in the second quarter valued at about $36,000. Institutional investors own 70.98% of the company's stock.

Insider Activity

In related news, Director James C. Fish, Jr. bought 1,000 shares of the stock in a transaction that occurred on Monday, November 2nd. The stock was bought at an average cost of $620.39 per share, for a total transaction of $620,390.00. Following the purchase, the director directly owned 4,714 shares of the company's stock, valued at approximately $2,924,518.46. This trade represents a 26.93% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Joseph 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 sale, the chief executive officer directly owned 34,555 shares in the company, valued at approximately $27,954,303.90. This represents a 48.39% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.33% of the company's stock.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Strong results and backlog support the outlook. Caterpillar’s third-quarter earnings beat estimates, while its $78.1 billion backlog, stronger cash flow and expanding margins point to solid demand. The company is also expanding capacity to meet power-generation demand. Article: CAT Shares Fall Despite Q3 Earnings Beat
• Neutral Sentiment: Upcoming investor event. Construction Industries Group President Rod Shurman is scheduled to take part in a Bernstein-hosted fireside chat on Nov. 17; no new financial guidance was announced. Article: Caterpillar executive to participate in Bernstein fireside chat
• Negative Sentiment: AI-trade selling and valuation concerns weigh on the stock. Investors have been selling Caterpillar alongside other industrial companies amid worries that AI-related investment could slow. The market increasingly treats CAT as a data-center power play, exposing it to shifts in sentiment even though power generation accounted for about 15% of 2025 sales. Article: AI selloff spreads to industrials
• Negative Sentiment: Execution and cyclical risks remain. Reports cite orders falling, dealers trimming inventories, and tariffs, manufacturing costs and production constraints pressuring margins. Morgan Stanley also cut its price target by 26% after earnings, highlighting the risk of a cyclical test despite the backlog. Article: Morgan Stanley cuts Caterpillar price target

Caterpillar Stock Up 0.1%

Shares of CAT stock opened at $559.32 on Monday. Caterpillar Inc. has a 1-year low of $537.08 and a 1-year high of $1,073.46. The stock's fifty day moving average price is $760.19 and its 200 day moving average price is $806.23. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.42 and a quick ratio of 0.88. The company has a market cap of $255.94 billion, a price-to-earnings ratio of 21.94, a price-to-earnings-growth ratio of 0.97 and a beta of 1.65.

Caterpillar (NYSE:CAT - Get Free Report) last released its quarterly earnings results on Thursday, October 29th. The industrial products company reported $7.20 EPS for the quarter, beating analysts' consensus estimates of $7.06 by $0.14. The company had revenue of $20.68 billion during the quarter, compared to analysts' expectations of $20.76 billion. Caterpillar had a return on equity of 59.87% and a net margin of 15.21%. The firm's revenue was up 17.3% compared to the same quarter last year. During the same period last year, the business posted $4.95 earnings per share. On average, research analysts expect that Caterpillar Inc. will post 27.39 earnings per share for the current fiscal year.

Caterpillar Announces Dividend

The business 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. The ex-dividend date is Monday, October 26th. This represents a $6.52 annualized dividend and a dividend yield of 1.2%. Caterpillar's dividend payout ratio is 25.58%.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Truist Financial reiterated a "buy" rating and issued a $1,027.00 target price (down from $1,100.00) on shares of Caterpillar in a report on Friday, October 30th. Weiss Ratings cut shares of Caterpillar from a "buy (b)" rating to a "buy (b-)" rating in a report on Thursday, October 29th. Zacks Research downgraded shares of Caterpillar from a "strong-buy" rating to a "hold" rating in a research report on Monday, October 5th. Morgan Stanley reduced their price objective on shares of Caterpillar from $915.00 to $675.00 and set an "equal weight" rating for the company in a research note on Friday, October 30th. Finally, Needham & Company LLC set a $980.00 price objective on shares of Caterpillar in a research note on Thursday, September 10th. Fifteen analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $898.25.

Caterpillar Company Profile

Caterpillar Inc is a global manufacturer of construction and mining equipment, engines, turbines, and related products and services. Its offerings include earthmoving and material-handling machines, diesel and natural gas engines, power-generation systems, and equipment and technologies used in mining and transportation. The company's products are commonly sold under the Cat brand.

Caterpillar serves customers in markets around the world through a network of independent dealers. Its businesses also provide parts, maintenance, equipment rental, and other support services, as well as financing and insurance through its financial services operations.

The company was formed in 1925 through the merger of the Holt Manufacturing Company and the C.

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