Capstone Wealth Management Group LLC lowered its stake in shares of Caterpillar Inc. (NYSE:CAT - Free Report) by 80.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 345 shares of the industrial products company's stock after selling 1,441 shares during the quarter. Capstone Wealth Management Group LLC's holdings in Caterpillar were worth $367,000 at the end of the most recent quarter.
Several other large investors have also bought and sold shares of the stock. Diamant Asset Management Inc. boosted its holdings in Caterpillar by 68,427.2% during the first quarter. Diamant Asset Management Inc. now owns 3,140,603 shares of the industrial products company's stock worth $2,224,992,000 after purchasing an additional 3,136,020 shares during the last quarter. Ascentis Wealth Management LLC increased its stake in Caterpillar by 110,539.0% in the 2nd quarter. Ascentis Wealth Management LLC now owns 2,518,143 shares of the industrial products company's stock valued at $2,711,772,000 after buying an additional 2,515,867 shares during the last quarter. Capital International Investors bought a new position in shares of Caterpillar during the 4th quarter worth approximately $1,225,317,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Caterpillar by 573.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,504,612 shares of the industrial products company's stock worth $861,947,000 after buying an additional 1,281,087 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of Caterpillar by 16.0% in the 4th quarter. Bank of America Corp DE now owns 6,738,802 shares of the industrial products company's stock worth $3,860,457,000 after buying an additional 928,974 shares during the last quarter. 70.98% of the stock is currently owned by institutional investors.
Caterpillar News Roundup
Here are the key news stories impacting Caterpillar this week:
- Positive Sentiment: Margins and 2026 outlook improved. Caterpillar’s second-quarter adjusted operating margin increased 430 basis points as higher sales volumes and pricing more than offset tariff-related costs and other expenses. The improvement helped support an upgraded 2026 outlook. Caterpillar's Q2 Adjusted Operating Margin Rebounds: Is the Worst Over?
- Positive Sentiment: Record performance and backlog remain supportive. Recent coverage highlighted quarterly revenue of roughly $20.5 billion, a sizable earnings beat, year-over-year revenue growth of approximately 24%, and a strong backlog. These factors suggest continued demand for Caterpillar’s construction, mining, and industrial equipment.
- Neutral Sentiment: Analyst targets imply potential upside but also a high bar. Recent price targets have a median of $990, with estimates ranging from $845 to $1,218. However, Caterpillar’s elevated forward valuation leaves the stock sensitive to any slowdown in orders, margins, or economic growth.
- Neutral Sentiment: Relative performance coverage offers limited direction. Articles comparing Caterpillar with Gorman-Rupp and the broader industrial-products sector provide context on performance but do not identify a new fundamental catalyst for CAT.
- Negative Sentiment: Macro concerns are overshadowing company-specific strength. Investor discussions point to interest-rate uncertainty and broader industrial-sector worries as reasons for selling pressure following the earnings outperformance. The stock has also pulled back notably from its recent high, increasing focus on its valuation.
- Negative Sentiment: Insider selling and bearish positioning add pressure. QuiverQuant data shows substantially more insider sales than purchases over the past six months, while Michael Burry is reportedly betting against CAT. These signals may reinforce caution, although insider transactions can reflect portfolio and compensation decisions rather than a direct view of fundamentals.
Wall Street Analyst Weigh In
A number of brokerages recently commented on CAT. Morgan Stanley set a $915.00 price target on Caterpillar and gave the stock an "equal weight" rating in a report on Friday, May 1st. Sanford C. Bernstein reaffirmed a "market perform" rating and set a $1,002.00 target price on shares of Caterpillar in a research report on Wednesday, August 5th. JPMorgan Chase & Co. lifted their target price on Caterpillar from $1,125.00 to $1,165.00 and gave the stock an "overweight" rating in a research note on Wednesday, June 17th. Evercore reissued an "outperform" rating and issued a $1,103.00 price target on shares of Caterpillar in a report on Monday, May 11th. Finally, Bank of America raised their price objective on shares of Caterpillar from $930.00 to $989.00 and gave the stock a "buy" rating in a report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $995.52.
Check Out Our Latest Analysis on CAT
Caterpillar Price Performance
CAT opened at $812.10 on Tuesday. The firm has a 50-day moving average price of $906.43 and a 200-day moving average price of $834.90. Caterpillar Inc. has a twelve month low of $410.52 and a twelve 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. The company has a market capitalization of $373.30 billion, a price-to-earnings ratio of 34.94, a PEG ratio of 1.45 and a beta of 1.60.
Caterpillar (NYSE:CAT - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $8.17 EPS for the quarter, beating analysts' consensus estimates of $6.22 by $1.95. The company had revenue of $20.54 billion for the quarter, compared to analysts' expectations of $19.34 billion. Caterpillar had a net margin of 14.51% and a return on equity of 55.53%. Caterpillar'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. Equities analysts expect that Caterpillar Inc. will post 27.14 EPS for the current year.
Caterpillar Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Shareholders of record on Monday, July 20th were given a dividend of $1.63 per share. This is an increase from Caterpillar's previous quarterly dividend of $1.51. This represents a $6.52 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Monday, July 20th. Caterpillar's dividend payout ratio (DPR) is currently 28.06%.
About Caterpillar
(
Free Report)
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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
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