Caterpillar Inc. $CAT Shares Sold by Diversified Management Inc.

Diversified Management Inc. decreased its holdings in Caterpillar Inc. (NYSE:CAT - Free Report) by 51.5% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,710 shares of the industrial products company's stock after selling 1,818 shares during the quarter. Diversified Management Inc.'s holdings in Caterpillar were worth $1,821,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Peoples Bank KS lifted its stake in shares of Caterpillar by 1.9% in the 2nd quarter. Peoples Bank KS now owns 1,348 shares of the industrial products company's stock worth $1,435,000 after acquiring an additional 25 shares during the period. Generali Investments Management Co LLC increased its stake in shares of Caterpillar by 132.9% during the second quarter. Generali Investments Management Co LLC now owns 2,814 shares of the industrial products company's stock valued at $2,997,000 after acquiring an additional 1,606 shares during the period. Handelsbanken Fonder AB increased its stake in shares of Caterpillar by 59.6% during the second quarter. Handelsbanken Fonder AB now owns 205,152 shares of the industrial products company's stock valued at $218,466,000 after acquiring an additional 76,641 shares during the period. Charles Schwab Trust Co raised its holdings in Caterpillar by 2.2% during the second quarter. Charles Schwab Trust Co now owns 3,989 shares of the industrial products company's stock worth $4,248,000 after purchasing an additional 87 shares in the last quarter. Finally, KWB Wealth lifted its position in Caterpillar by 3.8% in the second quarter. KWB Wealth now owns 570 shares of the industrial products company's stock worth $607,000 after purchasing an additional 21 shares during the period. 70.98% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Caterpillar news, insider Denise C. Johnson sold 12,605 shares of the business's stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $907.91, for a total transaction of $11,444,205.55. Following the sale, the insider owned 49,825 shares in the company, valued at approximately $45,236,615.75. The trade was a 20.19% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.33% of the company's stock.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: AI and data-center demand are accelerating growth. Caterpillar’s quarterly sales surpassed $20 billion as demand for generators used in data centers increased, reinforcing expectations that AI infrastructure spending can support the company’s Energy & Transportation business. Caterpillar sales surpass $20B as data center generators take off
• Positive Sentiment: Record results and backlog support the bullish outlook. Caterpillar’s Q2 earnings significantly exceeded expectations, with revenue up 23.7% year over year, while a reported $72 billion backlog and raised 2026 outlook provide visibility into future sales and earnings. Should You Buy, Sell or Hold Caterpillar Stock Post Q2 Earnings?
• Positive Sentiment: Analysts are modestly raising earnings expectations. Erste Group Bank increased its FY2026 EPS estimate to $24.78 from $24.56 and its FY2027 estimate to $31.18 from $30.31, reflecting improved expectations despite maintaining a Hold rating. Caterpillar analyst estimates
• Neutral Sentiment: Production capacity is becoming the key execution issue. Caterpillar has major engines and turbines booked years ahead, but the pace at which it can expand output at existing facilities may determine how much of the demand opportunity converts into additional revenue and profit. Caterpillar Stock’s Upside Is Sitting in Plants It Already Owns
• Negative Sentiment: Valuation leaves limited room for disappointment. After a substantial five-year gain, valuation models present a mixed picture, with one analysis suggesting CAT is approximately 6% overvalued. Investors are weighing whether AI-related optimism and heavy-equipment demand are already reflected in the share price. Caterpillar (CAT) Stock Could Be 6% Overvalued As AI Demand Lifts Outlook

Caterpillar Price Performance

NYSE CAT opened at $844.74 on Wednesday. Caterpillar Inc. has a 1 year low of $405.46 and a 1 year high of $1,073.46. The business's fifty day moving average is $919.15 and its two-hundred day moving average is $823.23. The stock has a market capitalization of $388.30 billion, a P/E ratio of 36.35, a P/E/G ratio of 1.50 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.

Caterpillar (NYSE:CAT - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share for the quarter, topping the consensus estimate of $6.22 by $1.95. The business had revenue of $20.54 billion during 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 company's revenue was up 23.7% compared to the same quarter last year. During the same period last year, the company posted $4.72 EPS. On average, research analysts forecast that Caterpillar Inc. will post 26.56 earnings per share for the current fiscal year.

Caterpillar Increases Dividend

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

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on CAT. Morgan Stanley set a $915.00 price target on Caterpillar and gave the company an "equal weight" rating in a research note on Friday, May 1st. JPMorgan Chase & Co. upped their price objective on Caterpillar from $1,125.00 to $1,165.00 and gave the company an "overweight" rating in a report on Wednesday, June 17th. Barclays raised 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. Wells Fargo & Company lifted their target price on Caterpillar from $1,050.00 to $1,155.00 and gave the stock an "overweight" rating in a report on Tuesday, June 23rd. Finally, Royal Bank Of Canada boosted their price target on shares of Caterpillar from $877.00 to $897.00 and gave the stock a "sector perform" rating in a research report on Wednesday, August 5th. Thirteen equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus 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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