Caterpillar Inc. $CAT Shares Newly Acquired by Brian Low Financial Group LLC

Key Points

• Brian Low Financial Group LLC acquired 1,897 Caterpillar shares in the third quarter, valued at approximately $1.54 million. Institutional investors and hedge funds collectively own 70.98% of CAT.
• Caterpillar reported third-quarter adjusted earnings of $7.20 per share, beating estimates, while revenue rose 17.3% year over year to $20.68 billion. The company also declared a quarterly dividend of $1.63, or $6.52 annualized.
• Analyst sentiment remains positive overall, with a consensus “Moderate Buy” rating and a $913.96 target price, though several firms recently lowered their targets amid concerns about unchanged growth guidance, tariffs, inventories and CAT’s premium valuation.

Brian Low Financial Group LLC acquired a new stake in Caterpillar Inc. (NYSE:CAT - Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 1,897 shares of the industrial products company's stock, valued at approximately $1,538,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. BlackRock Inc. purchased a new position in shares of Caterpillar during the second quarter worth approximately $40,457,153,000. State Street Corp grew its position in Caterpillar by 4.0% during the 2nd quarter. State Street Corp now owns 36,276,960 shares of the industrial products company's stock worth $37,120,529,000 after purchasing an additional 1,396,356 shares during the last quarter. Bank of America Corp DE purchased a new position in Caterpillar during the 2nd quarter worth $5,818,150,000. Bank of New York Mellon Corp acquired a new position in Caterpillar in the second quarter valued at $3,192,710,000. Finally, Legal & General Group Plc purchased a new stake in shares of Caterpillar in the second quarter valued at about $2,783,451,000. 70.98% of the stock is currently owned by institutional investors and hedge funds.

Caterpillar Stock Performance

Shares of CAT opened at $622.73 on Friday. Caterpillar Inc. has a 12-month low of $537.08 and a 12-month high of $1,073.46. The stock has a market cap of $286.25 billion, a P/E ratio of 24.43, a PEG ratio of 1.11 and a beta of 1.58. The company has a current ratio of 1.42, a quick ratio of 0.85 and a debt-to-equity ratio of 1.50. The company has a 50-day moving average of $783.25 and a two-hundred day moving average of $807.52.

Caterpillar (NYSE:CAT - Get Free Report) last released its quarterly earnings results on Thursday, October 29th. The industrial products company reported $7.20 earnings per share for the quarter, topping analysts' consensus estimates of $7.06 by $0.14. The company had revenue of $20.68 billion during the quarter, compared to analysts' expectations of $20.76 billion. Caterpillar had a return on equity of 59.87% and a net margin of 15.21%. The business's revenue for the quarter was up 17.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $4.95 earnings per share. As a group, research analysts predict that Caterpillar Inc. will post 27.74 EPS for the current fiscal year.

Caterpillar Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Shareholders of record on Monday, October 26th will be issued a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Monday, October 26th. Caterpillar's dividend payout ratio is 28.06%.

Analysts Set New Price Targets

A number of analysts have weighed in on CAT shares. Barclays increased their price objective on Caterpillar from $800.00 to $900.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 6th. Oppenheimer reiterated an "outperform" rating and issued a $1,009.00 price objective on shares of Caterpillar in a research report on Thursday. Royal Bank Of Canada cut their price objective on shares of Caterpillar from $897.00 to $722.00 and set a "sector perform" rating for the company in a research report on Friday. President Capital assumed coverage on shares of Caterpillar in a research note on Friday, September 18th. They issued a "buy" rating and a $999.00 target price for the company. Finally, Weiss Ratings cut shares of Caterpillar from a "buy (b)" rating to a "buy (b-)" rating in a research note on Thursday. Fifteen analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $913.96.

Key Headlines Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar reported third-quarter sales and revenues of approximately $20.7 billion, up 17% year over year, while adjusted earnings per share of $7.20 exceeded the $7.06 consensus estimate. Power-generation sales increased 30%, helped by data-center demand, and the company reported a record $78.1 billion backlog. Caterpillar Reports Third-Quarter 2026 Results
• Positive Sentiment: Truist Financial reaffirmed its “buy” rating, while Citigroup maintained a “buy” rating despite lowering its price target to $800. Both targets remain above the current trading level, suggesting some analysts see substantial long-term upside.
• Neutral Sentiment: Bank of America said Caterpillar’s earnings power remains intact, and analysts expect revenue and EPS growth as the backlog converts. However, the backlog may extend into 2029–2030, meaning investors could wait longer for the full financial benefit.
• Negative Sentiment: Management left its annual growth outlook unchanged and indicated only “moderate” fourth-quarter revenue growth. Investors had expected a stronger forecast or an upgrade, so the unchanged guidance overshadowed the earnings beat. Caterpillar Tops Quarterly Profit View
• Negative Sentiment: Revenue came in slightly below consensus, while tariff expenses and rising inventories added to concerns about costs, demand timing and near-term margins.
• Negative Sentiment: Several firms reduced their targets: Morgan Stanley cut its target to $675 and rated CAT “equal weight,” RBC lowered its target to $722 with a “sector perform” rating, and Truist reduced its target to $1,027. These cuts reinforce concerns that the stock’s premium valuation had become difficult to justify without faster growth.

Insider Activity

In related news, CEO Joseph E. Creed sold 32,401 shares of the firm's stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $808.98, for a total transaction of $26,211,760.98. Following the sale, the chief executive officer owned 34,555 shares in the company, valued at approximately $27,954,303.90. This trade represents a 48.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.33% of the stock is owned by corporate insiders.

About Caterpillar

Caterpillar Inc is a manufacturer of construction, mining, and industrial equipment. Its product portfolio includes excavators, bulldozers, wheel loaders, motor graders, articulated trucks, and other machinery used in construction, infrastructure development, mining, quarrying, forestry, and related industries. The company also produces diesel and natural gas engines, industrial gas turbines, generator sets, and other power-generation and transportation equipment.

Caterpillar operates through businesses focused on construction industries, resource industries, and energy and transportation.

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