Ascentis Wealth Management LLC Purchases 2,515,867 Shares of Caterpillar Inc. $CAT

Ascentis Wealth Management LLC raised its position in Caterpillar Inc. (NYSE:CAT - Free Report) by 110,539.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,518,143 shares of the industrial products company's stock after purchasing an additional 2,515,867 shares during the quarter. Caterpillar accounts for approximately 0.4% of Ascentis Wealth Management LLC's holdings, making the stock its 28th biggest holding. Ascentis Wealth Management LLC owned approximately 0.55% of Caterpillar worth $2,711,772,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of CAT. Lam Group Inc. bought a new stake in shares of Caterpillar during the 1st quarter worth approximately $26,000. Torren Management LLC purchased a new position in Caterpillar in the 4th quarter worth about $27,000. Frazier Financial Advisors LLC lifted its holdings in Caterpillar by 220.0% during the 4th quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company's stock valued at $28,000 after buying an additional 33 shares in the last quarter. Decker Retirement Planning Inc. grew its stake in 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. Finally, Cornerstone Financial Management LLC purchased a new position in shares of Caterpillar during the fourth quarter worth approximately $32,000. Hedge funds and other institutional investors own 70.98% of the company's stock.

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analysts raised longer-term earnings forecasts. Zacks Research lifted its FY2026 EPS estimate to $26.55 from $24.51, FY2027 to $30.14 from $29.01 and FY2028 to $35.97 from $34.31. It also increased several quarterly estimates and maintained a “Strong-Buy” rating, signaling confidence in Caterpillar’s earnings trajectory. Zacks Research Caterpillar estimates
• Positive Sentiment: A supportive market backdrop could help CAT. Seasonal strength, solid second-quarter earnings growth, expectations for a cautious Federal Reserve and continued technology investment are cited as reasons the S&P 500 could advance into year-end, potentially supporting cyclical industrial stocks such as Caterpillar. Five reasons the S&P 500 could keep rallying
• Neutral Sentiment: Caterpillar received a $392 million tariff refund. The payment provides a near-term cash benefit, but the company still incurred approximately $400 million in tariff expenses during the quarter ended June 30, limiting the overall relief. Caterpillar tariff refund
• Neutral Sentiment: CAT is priced for substantial volatility. Options markets indicate investors expect the stock to make a large move in either direction, reflecting uncertainty rather than a clear bullish or bearish catalyst. Caterpillar stock volatility outlook
• Neutral Sentiment: Industry performance is tracking end-market conditions. A comparison of Caterpillar, Deere and PACCAR suggests heavy-machinery stocks have diverged based largely on the health of construction, agriculture and trucking markets; the article provides sector context but no new CAT-specific fundamental catalyst. Heavy machinery stock comparison
• Negative Sentiment: Weak July U.S. industrial production raised demand concerns. Softer output data challenges confidence that Caterpillar’s record backlog and broad end-market exposure can remain resilient if industrial activity cools. CAT was also among the Dow’s weaker performers as investors reduced exposure to companies viewed as vulnerable to the fading AI-related trade. Weaker U.S. industrial output and Caterpillar

Caterpillar Stock Performance

Shares of Caterpillar stock opened at $813.62 on Friday. The company has a market capitalization of $374.00 billion, a PE ratio of 35.01, a P/E/G ratio of 1.43 and a beta of 1.60. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 1.37. The company has a 50-day simple moving average of $910.49 and a two-hundred day simple moving average of $833.16. Caterpillar Inc. has a one year low of $410.52 and a one year high of $1,073.46.

Caterpillar (NYSE:CAT - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share for the quarter, beating analysts' consensus estimates of $6.22 by $1.95. Caterpillar had a net margin of 14.51% and a return on equity of 55.53%. The business had revenue of $20.54 billion for the quarter, compared to analysts' expectations of $19.34 billion. During the same period last year, the business earned $4.72 EPS. The company's revenue was up 23.7% compared to the same quarter last year. Research analysts expect that Caterpillar Inc. will post 27.14 EPS for the current fiscal year.

Caterpillar Increases Dividend

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

Analyst Ratings Changes

CAT has been the subject of a number of research analyst reports. Daiwa Securities Group lifted their target price on Caterpillar from $790.00 to $900.00 and gave the company a "neutral" rating in a research report on Friday, May 1st. Barclays lifted their price objective on Caterpillar from $800.00 to $900.00 and gave the company an "equal weight" rating in a report on Thursday, August 6th. Robert W. Baird set a $970.00 price objective on shares of Caterpillar in a research note on Wednesday, August 5th. DA Davidson raised their target price on shares of Caterpillar from $845.00 to $882.00 and gave the company a "neutral" rating in a research report on Thursday, August 6th. Finally, Weiss Ratings restated a "buy (b-)" rating on shares of Caterpillar in a report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eleven have given a Hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $995.52.

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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