Advocate Group LLC Reduces Stake in Caterpillar Inc. $CAT

Advocate Group LLC cut its holdings in shares of Caterpillar Inc. (NYSE:CAT - Free Report) by 19.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,714 shares of the industrial products company's stock after selling 2,812 shares during the quarter. Caterpillar comprises 1.9% of Advocate Group LLC's investment portfolio, making the stock its 10th largest holding. Advocate Group LLC's holdings in Caterpillar were worth $12,475,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Axxcess Wealth Management LLC raised its position in Caterpillar by 2.8% in the fourth quarter. Axxcess Wealth Management LLC now owns 22,420 shares of the industrial products company's stock worth $12,844,000 after purchasing an additional 604 shares in the last quarter. Juno Financial Group LLC acquired a new stake in Caterpillar during the fourth quarter valued at approximately $877,000. DSG Capital Advisors LLC bought a new stake in shares of Caterpillar in the 1st quarter valued at approximately $1,226,000. Cornerstone Planning LLC bought a new stake in shares of Caterpillar in the 4th quarter valued at approximately $4,517,000. Finally, RiverFront Investment Group LLC raised its holdings in shares of Caterpillar by 21.1% in the 4th quarter. RiverFront Investment Group LLC now owns 8,915 shares of the industrial products company's stock worth $5,107,000 after buying an additional 1,552 shares in the last quarter. Institutional investors and hedge funds own 70.98% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on CAT shares. DA Davidson boosted their price target on Caterpillar from $845.00 to $882.00 and gave the company a "neutral" rating in a research note on Thursday, August 6th. Erste Group Bank lowered Caterpillar from a "buy" rating to a "hold" rating in a research note on Monday, July 27th. Jefferies Financial Group boosted their target price on shares of Caterpillar from $900.00 to $1,045.00 and gave the company a "buy" rating in a research note on Friday, May 1st. Robert W. Baird set a $970.00 target price on shares of Caterpillar in a report on Wednesday, August 5th. Finally, JPMorgan Chase & Co. increased their target price on shares of Caterpillar from $1,125.00 to $1,165.00 and gave the stock an "overweight" rating in a research report on Wednesday, June 17th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $995.52.

Caterpillar Trading Down 3.1%

CAT stock opened at $814.68 on Thursday. The business has a fifty day moving average price of $912.19 and a 200 day moving average price of $832.06. The company has a debt-to-equity ratio of 1.65, a current ratio of 1.37 and a quick ratio of 0.85. Caterpillar Inc. has a fifty-two week low of $410.52 and a fifty-two week high of $1,073.46. The stock has a market capitalization of $374.49 billion, a price-to-earnings ratio of 35.06, a P/E/G ratio of 1.48 and a beta of 1.60.

Caterpillar (NYSE:CAT - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $8.17 EPS for the quarter, topping analysts' consensus estimates of $6.22 by $1.95. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%.The company had revenue of $20.54 billion for the quarter, compared to analyst estimates of $19.34 billion. During the same quarter in the previous year, the firm earned $4.72 earnings per share. The business's revenue was up 23.7% on a year-over-year basis. Analysts expect that Caterpillar Inc. will post 26.98 EPS for the current fiscal year.

Caterpillar Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Monday, July 20th were given a dividend of $1.63 per share. This is a positive change from Caterpillar's previous quarterly dividend of $1.51. The ex-dividend date was Monday, July 20th. This represents a $6.52 annualized dividend and a yield of 0.8%. Caterpillar's dividend payout ratio is currently 28.06%.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analysts raised earnings forecasts. Zacks Research increased its EPS projections across several periods, including FY2027 to $30.14 from $29.01 and FY2028 to $35.97 from $34.31. The firm maintained a “Strong-Buy” rating, signaling improved confidence in Caterpillar’s long-term earnings outlook. Zacks Research estimates
• Positive Sentiment: Growth momentum remains a supporting factor. A Zacks analysis said volume-driven growth is accelerating across Caterpillar’s three segments and prompted a sharp increase in its 2026 sales outlook. The company also announced a $3 million workforce investment in Arkansas, supporting local hiring and operations. Caterpillar volume gains analysis Caterpillar workforce initiative
• Neutral Sentiment: Recent gains may be prompting profit-taking. Commentary highlighted that CAT has risen sharply over the past year, increasing attention to valuation and how much future growth is already reflected in the stock. CAT stock performance analysis
• Negative Sentiment: Weak industrial data raised demand concerns. U.S. industrial production was weaker than expected in July, prompting investors to question whether Caterpillar’s record backlog can withstand a slowdown in industrial activity and equipment demand. Weaker U.S. industrial output analysis
• Negative Sentiment: Market-wide selling pressured CAT. Caterpillar and Goldman Sachs were cited as major drags on the Dow amid a pullback in AI-related and technology-linked trades. This appears to reflect broader risk reduction and sector rotation rather than a new company-specific operational setback. Dow market pressure

Caterpillar Company Profile

Caterpillar Inc is a global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and locomotives. The company's product portfolio includes earthmoving machines such as excavators, bulldozers, wheel loaders and off‑highway trucks, as well as a range of power generation products including generator sets and power systems for industrial and commercial use. Caterpillar serves customers across heavy construction, mining, energy, transportation and related industries with both equipment and integrated technology solutions.

In addition to manufacturing, Caterpillar provides a broad range of aftermarket parts and support services, including maintenance, repair, remanufacturing and fleet management tools.

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