Caterpillar Inc. $CAT is Denali Advisors LLC's 9th Largest Position

Key Points

• Denali Advisors increased its Caterpillar stake by 13.8%. The fund now owns 11,035 shares worth approximately $11.75 million, making CAT its ninth-largest position and representing 1.2% of its portfolio.
• Caterpillar reported strong quarterly results, with EPS of $8.17 and revenue of $20.54 billion, beating estimates and growing 23.7% year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $995.52.
• Valuation and insider selling are notable risks. CAT trades at a price-to-earnings ratio of 35.13 after a substantial rally, while CEO Joseph Creed sold roughly $26.2 million worth of shares; rising interest rates could also pressure the stock.

Denali Advisors LLC lifted its stake in Caterpillar Inc. (NYSE:CAT - Free Report) by 13.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,035 shares of the industrial products company's stock after purchasing an additional 1,338 shares during the period. Caterpillar comprises about 1.2% of Denali Advisors LLC's investment portfolio, making the stock its 9th largest position. Denali Advisors LLC's holdings in Caterpillar were worth $11,751,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. NewEdge Wealth LLC purchased a new position in Caterpillar during the 2nd quarter valued at about $6,681,000. Monetta Financial Services Inc. bought a new position in shares of Caterpillar during the second quarter valued at approximately $1,491,000. Patrick Mauro Investment Advisor INC. purchased a new position in Caterpillar during the second quarter valued at approximately $213,000. Dala Group LLC bought a new position in Caterpillar in the second quarter worth approximately $1,030,000. Finally, Smith Partners Wealth Management LLC bought a new position in Caterpillar in the second quarter worth approximately $275,000. Institutional investors own 70.98% of the company's stock.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analysts raised earnings estimates across multiple periods. Zacks Research increased its forecasts for Q3 2026, FY2026, FY2027, Q1–Q4 2027, Q2 2028 and FY2028. Its FY2027 estimate rose to $31.43 per share from $30.14, while its FY2028 forecast increased to $36.64 from $35.97. Zacks maintained a “Strong Buy” rating. MarketBeat Caterpillar analyst estimates
• Positive Sentiment: AI and automation remain a growth catalyst. Caterpillar’s collaboration with FieldAI is intended to advance physical AI, autonomous equipment and robotics, potentially improving customer safety and efficiency while creating new technology-driven revenue opportunities. Caterpillar FieldAI partnership
• Positive Sentiment: Industrial and manufacturing trends support demand. Lean inventories and continued U.S. production growth are cited as reasons Caterpillar remains attractive among industrial stocks. Piper Sandler also identifies Caterpillar as a potential beneficiary of a rotation from high-priced AI leaders toward industrial companies. U.S. manufacturing growth stocks
• Neutral Sentiment: CAT has significantly outperformed over the past year. Coverage highlights a record backlog, strong earnings and an improved 2026 outlook, but compares Caterpillar’s performance with other industrial-product companies rather than providing a new company-specific catalyst. Caterpillar buy sell or hold analysis
• Negative Sentiment: Valuation and interest-rate risks remain concerns. CAT trades at a high earnings multiple after its substantial rally. Piper Sandler cautions that a move in the 10-year Treasury yield above roughly 4.80% could challenge the industrial-rotation thesis and pressure rate-sensitive valuations. Piper Sandler industrial stocks and Treasury yields

Analyst Ratings Changes

Several analysts have issued reports on CAT shares. 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. Wells Fargo & Company upped their price objective on Caterpillar from $1,050.00 to $1,155.00 and gave the stock an "overweight" rating in a research note on Tuesday, June 23rd. Zacks Research raised Caterpillar from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, August 12th. Erste Group Bank downgraded shares of Caterpillar from a "buy" rating to a "hold" rating in a report on Monday, July 27th. Finally, Rothschild & Co Redburn increased their price target on shares of Caterpillar from $700.00 to $950.00 and gave the company a "neutral" rating in a research report on Thursday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat.com, Caterpillar presently has a consensus rating of "Moderate Buy" and a consensus price target of $995.52.

Insider Activity at Caterpillar

In related news, CEO Joseph E. Creed sold 32,401 shares of Caterpillar 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 completion of the sale, the chief executive officer directly owned 34,555 shares in the company, valued at $27,954,303.90. This trade represents a 48.39% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.33% of the stock is owned by insiders.

Caterpillar Stock Down 0.7%

Shares of CAT stock opened at $816.41 on Thursday. The stock's fifty day moving average price is $859.73 and its 200 day moving average price is $840.13. Caterpillar Inc. has a 1-year low of $419.50 and a 1-year high of $1,073.46. The company has a market cap of $375.28 billion, a price-to-earnings ratio of 35.13, a price-to-earnings-growth ratio of 1.43 and a beta of 1.60. 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 (NYSE:CAT - Get Free Report) last released 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. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%.The company had revenue of $20.54 billion during the quarter, compared to analysts' expectations of $19.34 billion. During the same period last year, the business posted $4.72 earnings per share. The firm's revenue was up 23.7% compared to the same quarter last year. On average, research analysts expect that Caterpillar Inc. will post 27.37 earnings per share for the current fiscal year.

Caterpillar 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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