Caterpillar Inc. $CAT Stake Boosted by Krilogy Financial LLC

Key Points

• Krilogy Financial increased its Caterpillar stake by 49.2% in the third quarter, bringing its holdings to 6,822 shares valued at approximately $5.5 million. Institutional investors own about 71% of CAT.
• Analyst sentiment remains cautiously positive, with 15 Buy ratings and 12 Holds producing a consensus “Moderate Buy” rating and an average price target of $982.92.
• Caterpillar shares opened at $772.42, below their 50-day and 200-day moving averages, despite strong quarterly results that beat earnings and revenue estimates and showed 23.7% year-over-year revenue growth.

Krilogy Financial LLC raised its position in shares of Caterpillar Inc. (NYSE:CAT - Free Report) by 49.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,822 shares of the industrial products company's stock after purchasing an additional 2,250 shares during the period. Krilogy Financial LLC's holdings in Caterpillar were worth $5,531,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. grew its holdings in Caterpillar by 440.0% in the 2nd quarter. Decker Retirement Planning Inc. now owns 27 shares of the industrial products company's stock valued at $29,000 after buying an additional 22 shares during the last quarter. Matrix Trust Co raised its holdings in Caterpillar by 93.8% in the 2nd quarter. Matrix Trust Co now owns 31 shares of the industrial products company's stock valued at $33,000 after acquiring an additional 15 shares in the last quarter. Axiom Investment Management LLC acquired a new stake in shares of Caterpillar during the 2nd quarter worth approximately $36,000. Lam Group Inc. bought a new position in Caterpillar during the first quarter worth about $26,000. Finally, Tacita Capital Inc acquired a new stake in Caterpillar in the 2nd quarter valued at $47,000. 70.98% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Wall Street Zen upgraded Caterpillar from a "hold" rating to a "buy" rating in a research note on Saturday. Weiss Ratings lowered Caterpillar from a "buy (b)" rating to a "buy (b-)" rating in a research report on Tuesday, September 29th. Zacks Research downgraded shares of Caterpillar from a "strong-buy" rating to a "hold" rating in a research note on Monday, October 5th. Sanford C. Bernstein restated a "market perform" rating and issued a $1,002.00 price target on shares of Caterpillar in a research report on Wednesday, August 5th. Finally, President Capital started coverage on shares of Caterpillar in a research report on Friday, September 18th. They issued a "buy" rating and a $999.00 price target on the stock. Fifteen equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $982.92.

Caterpillar Trading Down 3.4%

Shares of Caterpillar stock opened at $772.42 on Wednesday. The business has a fifty day simple moving average of $819.49 and a two-hundred day simple moving average of $855.64. The company has a debt-to-equity ratio of 1.65, a current ratio of 1.37 and a quick ratio of 0.85. The company has a market capitalization of $355.06 billion, a price-to-earnings ratio of 33.24, a P/E/G ratio of 1.38 and a beta of 1.58. Caterpillar Inc. has a 1 year low of $499.01 and a 1 year high of $1,073.46.

Caterpillar (NYSE:CAT - Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $20.54 billion for 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 for the quarter was up 23.7% on a year-over-year basis. During the same period in the prior year, the firm posted $4.72 EPS. Research analysts forecast that Caterpillar Inc. will post 27.49 EPS for the current year.

Insider Activity at Caterpillar

In other 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 value of $26,211,760.98. Following the sale, the chief executive officer directly owned 34,555 shares in the company, valued at approximately $27,954,303.90. This trade represents a 48.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.33% of the company's stock.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar’s planned $1 billion U.S. investment in compact construction equipment could expand domestic production capacity and support longer-term growth. Caterpillar announces $1B US compact equipment investment
• Positive Sentiment: Investors continue to view CAT as a dividend-paying way to gain exposure to artificial-intelligence infrastructure, particularly through its power-generation equipment used in data-center projects. 3 Dividend Paying Stocks Offering AI Exposure
• Neutral Sentiment: Recent coverage highlights strong operating momentum: first-half 2026 revenue rose approximately 23%, helped by infrastructure and data-center demand. However, higher dealer inventories raise questions about whether future growth will depend on continued restocking. Caterpillar Can Earnings Keep Growing After Dealers Stop Restocking?
• Negative Sentiment: Analysts and investors are increasingly concerned that Caterpillar’s data-center power opportunity is concentrated in a single project category, making the growth outlook vulnerable if new projects slow or are delayed. CAT trades at roughly 30–34 times earnings, a sizable premium to the broader market, leaving less room for disappointment. What Could Derail Caterpillar Stock?
• Negative Sentiment: Caterpillar’s valuation is being challenged because a traditionally cyclical construction and mining-equipment maker is being priced more like a growth stock. Comparisons with Deere have also favored Deere in recent analyst narratives. Which Industrials Stock Do Analysts Like Better: Deere or Caterpillar?
• Negative Sentiment: Citi and Truist reduced their price targets, while CAT fell below a key technical support level after retreating from its June high near $1,070 to about $759. The target cuts and technical breakdown have reinforced bearish momentum. Caterpillar stock drops below key support as Citi and Truist slash target

About Caterpillar

Caterpillar Inc is a global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Its products are used in infrastructure development, construction, mining, energy production, transportation, agriculture, forestry, and other industrial applications.

The company markets equipment and related services through a worldwide network of independent dealers. Its operations are generally organized around Construction Industries, Resource Industries, and Energy & Transportation.

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