Ancora Advisors LLC Invests $3.77 Million in Caterpillar Inc. $CAT

Key Points

• Ancora Advisors initiated a Caterpillar position worth approximately $3.77 million, while institutional investors collectively own 70.98% of CAT shares.
• Caterpillar beat quarterly expectations with $8.17 EPS and $20.54 billion in revenue, up 23.7% year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $995.52.
• The company increased its quarterly dividend to $1.63 per share, but CEO Joseph E. Creed sold 32,401 shares for approximately $26.2 million, reducing his direct stake by 48.39%.

Ancora Advisors LLC bought a new position in shares of Caterpillar Inc. (NYSE:CAT - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,544 shares of the industrial products company's stock, valued at approximately $3,774,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Lam Group Inc. acquired a new stake in Caterpillar during the 1st quarter valued at $26,000. Frazier Financial Advisors LLC lifted its holdings in Caterpillar by 220.0% in the 4th quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company's stock worth $28,000 after buying an additional 33 shares in the last quarter. Decker Retirement Planning Inc. boosted its position in Caterpillar by 440.0% in the 2nd quarter. Decker Retirement Planning Inc. now owns 27 shares of the industrial products company's stock valued at $29,000 after buying an additional 22 shares during the last quarter. Cornerstone Financial Management LLC acquired a new stake in shares of Caterpillar during the fourth quarter valued at about $32,000. Finally, Matrix Trust Co grew its stake in shares of 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 acquiring an additional 15 shares in the last quarter. 70.98% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently commented on CAT shares. Evercore reiterated an "outperform" rating and issued a $1,103.00 price target on shares of Caterpillar in a research note on Monday, May 11th. Sanford C. Bernstein restated a "market perform" rating and set a $1,002.00 price objective on shares of Caterpillar in a research note on Wednesday, August 5th. Rothschild & Co Redburn upped their target price on Caterpillar from $700.00 to $950.00 and gave the company a "neutral" rating in a research report on Thursday, May 14th. Barclays increased their target price on Caterpillar from $800.00 to $900.00 and gave the company an "equal weight" rating in a research note on Thursday, August 6th. Finally, Weiss Ratings raised shares of Caterpillar from a "buy (b-)" rating to a "buy (b)" rating in a research report on Wednesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $995.52.

Insider Activity at Caterpillar

In other news, CEO Joseph E. Creed sold 32,401 shares of Caterpillar 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 directly owned 34,555 shares of the company's stock, valued at approximately $27,954,303.90. The trade was a 48.39% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.33% of the company's stock.

Caterpillar Price Performance

Shares of CAT opened at $813.51 on Monday. Caterpillar Inc. has a 52 week low of $416.44 and a 52 week high of $1,073.46. The company has a current ratio of 1.37, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65. The firm has a market cap of $373.95 billion, a price-to-earnings ratio of 35.00, a PEG ratio of 1.41 and a beta of 1.60. The stock has a 50 day moving average of $872.52 and a 200-day moving average of $838.91.

Caterpillar (NYSE:CAT - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.22 by $1.95. The business had revenue of $20.54 billion for the quarter, compared to analyst estimates of $19.34 billion. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%.The business's revenue was up 23.7% compared to the same quarter last year. During the same period in the prior year, the company posted $4.72 EPS. As a group, analysts forecast that Caterpillar Inc. will post 27.34 EPS for the current year.

Caterpillar Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Monday, July 20th were given a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Monday, July 20th. This is an increase from Caterpillar's previous quarterly dividend of $1.51. Caterpillar's payout ratio is 28.06%.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: FieldAI partnership supports the automation outlook. Caterpillar is combining its construction-equipment expertise with FieldAI’s physical-AI technology to develop autonomous capabilities for machines and improve safety, productivity and visibility at jobsites. The initiative could create longer-term revenue opportunities in equipment, software and services. Caterpillar partners with FieldAI for equipment automation
• Positive Sentiment: Analyst and quantitative sentiment has improved. Zacks upgraded CAT to Rank #1, or “Strong Buy,” citing rising optimism about earnings prospects. Erste Group Bank also raised its fiscal 2026 EPS forecast, adding to the constructive outlook. Caterpillar upgraded to Strong Buy
• Positive Sentiment: AI infrastructure is boosting Power & Energy demand. Caterpillar’s retail sales to power-generation users reportedly surged 72% year over year in the second quarter, as data centers and generative-AI infrastructure increase demand for reliable power. This gives CAT an additional growth driver beyond traditional construction and mining markets. Can CAT Stock Compound Its Way Higher?
• Neutral Sentiment: Recent earnings performance remains a strength, but expectations are elevated. Caterpillar’s latest quarterly results exceeded consensus estimates for both earnings and revenue, with revenue up 23.7% year over year. A sector review described CAT as the strongest heavy-machinery performer, though investors are increasingly pricing in continued execution.
• Negative Sentiment: Valuation and performance concerns could limit upside. Commentary notes that CAT has outperformed peers in the stock market more than in underlying business performance, leaving the shares dependent on future growth. The stock has also declined since its latest earnings report, while a report tied the recent weakness to insider selling. CAT Has Left Its Peers Behind. Or Has It?

About Caterpillar

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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