Ameritas Advisory Services LLC Has $26.71 Million Position in Caterpillar Inc. $CAT

Key Points

• Ameritas Advisory Services nearly doubled its Caterpillar stake by 93% in the second quarter, bringing its holdings to 25,083 shares valued at approximately $26.71 million. Institutional investors collectively own 70.98% of CAT.
• Caterpillar reported a strong quarter, with earnings of $8.17 per share and revenue of $20.54 billion, surpassing analyst expectations and representing 23.7% year-over-year revenue growth.
• Analysts remain broadly positive, with a consensus “Moderate Buy” rating and an average price target of $994.17, though CEO Joseph Creed’s $26.2 million stock sale and CAT’s premium valuation present potential risks.

Ameritas Advisory Services LLC increased its holdings in Caterpillar Inc. (NYSE:CAT - Free Report) by 93.0% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,083 shares of the industrial products company's stock after purchasing an additional 12,085 shares during the period. Ameritas Advisory Services LLC's holdings in Caterpillar were worth $26,710,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CAT. Henrickson Nauta Wealth Advisors Inc. acquired a new stake in Caterpillar in the 2nd quarter valued at $227,000. Wedmont Private Capital lifted its holdings in shares of Caterpillar by 17.6% during the second quarter. Wedmont Private Capital now owns 10,012 shares of the industrial products company's stock valued at $10,662,000 after acquiring an additional 1,500 shares during the period. Morling Financial Advisors LLC acquired a new stake in shares of Caterpillar in the 2nd quarter valued at $208,000. PCG Wealth Advisors LLC bought a new stake in shares of Caterpillar in the 2nd quarter worth about $256,000. Finally, Endeavor Private Wealth Inc. acquired a new stake in shares of Caterpillar during the 2nd quarter worth about $220,000. Institutional investors own 70.98% of the company's stock.

Insider Buying and Selling at Caterpillar

In related news, CEO Joseph E. Creed sold 32,401 shares of the stock in a transaction that occurred on 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 transaction, 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 filing with the SEC, which is available at the SEC website. 0.33% of the stock is currently owned by company insiders.

Caterpillar Trading Down 0.0%

Shares of CAT opened at $818.48 on Monday. The stock's fifty day simple moving average is $853.58 and its 200-day simple moving average is $840.90. The firm has a market capitalization of $376.23 billion, a PE ratio of 35.22, a price-to-earnings-growth ratio of 1.42 and a beta of 1.60. Caterpillar Inc. has a 12-month low of $427.75 and a 12-month high of $1,073.46. The company has a quick ratio of 0.85, a current ratio of 1.37 and a debt-to-equity ratio of 1.65.

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 for the quarter, topping the consensus estimate of $6.22 by $1.95. The firm had revenue of $20.54 billion during the quarter, compared to analysts' expectations of $19.34 billion. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%.The company's quarterly revenue was up 23.7% compared to the same quarter last year. During the same period in the previous year, the business posted $4.72 EPS. As a group, research analysts predict that Caterpillar Inc. will post 27.37 earnings per share for the current year.

Analysts Set New Price Targets

CAT has been the subject of several analyst reports. Citigroup lifted their price target on shares of Caterpillar from $1,020.00 to $1,100.00 and gave the company a "buy" rating in a report on Tuesday, July 14th. Wells Fargo & Company raised their price objective on shares of Caterpillar from $1,050.00 to $1,155.00 and gave the stock an "overweight" rating in a report on Tuesday, June 23rd. Zacks Research upgraded shares of Caterpillar from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, August 12th. Truist Financial set a $980.00 target price on Caterpillar in a report on Wednesday, August 5th. Finally, Barclays increased their price target on Caterpillar from $800.00 to $900.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $994.17.

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Broad-market strength supported CAT. Caterpillar was among the companies helping lead a roughly 550-point advance in the Dow, providing a favorable backdrop for industrial stocks. Cisco, Caterpillar share gains lead Dow's 550-point rally
• Positive Sentiment: CAT remains a top-performing industrial stock. Shares are up more than 40% this year, reflecting investor enthusiasm for construction, infrastructure and equipment demand. The strong rally also raises the possibility of profit-taking. Deere and Caterpillar Are Both Up Over 40% This Year
• Positive Sentiment: AI infrastructure is emerging as a growth catalyst. Reports highlight Caterpillar’s equipment orders extending toward 2030 and demand tied to data-center and infrastructure construction, broadening the company’s exposure beyond traditional industrial markets. CAT Could Be the Best AI Infrastructure Stock You’re Overlooking
• Positive Sentiment: Analyst estimates and ratings were generally supportive. Freedom Broker upgraded CAT to “buy” with a $980 price target, while Zacks raised its fourth-quarter 2026 EPS estimate to $6.73. Erste Group also modestly increased its fiscal 2027 EPS forecast to $32.28. The Lafayette City Council additionally approved incentives for an $890 million Caterpillar expansion, signaling continued investment capacity. Caterpillar upgraded by Freedom Broker
• Neutral Sentiment: Insider selling is a risk investors are monitoring. Caterpillar executives, including CEO Joseph Creed, have made substantial sales in recent months, although insider transactions may reflect diversification rather than a direct view on the company’s operating outlook. Caterpillar Inc. Stock Opinions on AI Partnership and Executive Stock Sale
• Negative Sentiment: Valuation and mixed estimates could limit further gains. CAT recently underperformed the broader market in a declining session, and Zacks trimmed its Q1 2028 EPS estimate to $7.87 from $7.94. With the stock trading well above its longer-term averages and at a premium valuation, investors may lock in profits if growth expectations moderate. Top Wide-Moat Stocks to Buy for Long-Term Wealth and Stability

Caterpillar Company 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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