Concurrent Investment Advisors LLC Buys 5,425 Shares of Caterpillar Inc. $CAT

Key Points

• Concurrent Investment Advisors increased its Caterpillar position by 13.3%, purchasing 5,425 shares to hold 46,157 shares valued at approximately $49.2 million. Institutional investors collectively own about 71% of CAT.
• CEO Joseph Creed sold 32,401 shares for roughly $26.2 million, reducing his position by 48.4%; company insiders own just 0.33% of the stock.
• Caterpillar reported stronger-than-expected quarterly results, with EPS of $8.17 and revenue of $20.54 billion, up 23.7% year over year. Analysts maintain a “Moderate Buy” consensus with an average price target of $994.17, though CAT’s premium valuation and recent insider selling remain potential risks.

Concurrent Investment Advisors LLC grew its position in shares of Caterpillar Inc. (NYSE:CAT - Free Report) by 13.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,157 shares of the industrial products company's stock after buying an additional 5,425 shares during the quarter. Concurrent Investment Advisors LLC's holdings in Caterpillar were worth $49,152,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Pacific Point Advisors LLC bought a new stake in shares of Caterpillar during the 4th quarter valued at about $579,000. Brighton Jones LLC lifted its stake in shares of Caterpillar by 51.5% in the 4th quarter. Brighton Jones LLC now owns 7,409 shares of the industrial products company's stock worth $2,688,000 after purchasing an additional 2,519 shares during the period. United Bank lifted its stake in shares of Caterpillar by 108.5% in the 2nd quarter. United Bank now owns 4,083 shares of the industrial products company's stock worth $1,585,000 after purchasing an additional 2,125 shares during the period. Schnieders Capital Management LLC. grew its position in Caterpillar by 3.9% during the second quarter. Schnieders Capital Management LLC. now owns 9,147 shares of the industrial products company's stock valued at $3,551,000 after buying an additional 347 shares during the period. Finally, Alliancebernstein L.P. increased its holdings in Caterpillar by 6.5% during the second quarter. Alliancebernstein L.P. now owns 572,165 shares of the industrial products company's stock valued at $222,120,000 after buying an additional 34,846 shares during the last quarter. 70.98% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Caterpillar

In other news, CEO Joseph E. Creed sold 32,401 shares of the business's stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $808.98, for a total transaction of $26,211,760.98. Following the transaction, the chief executive officer owned 34,555 shares of the company's stock, valued at approximately $27,954,303.90. The trade was a 48.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.33% of the company's stock.

Wall Street Analyst Weigh In

CAT has been the subject of a number of recent research reports. Sanford C. Bernstein reissued a "market perform" rating and set a $1,002.00 price objective on shares of Caterpillar in a research report on Wednesday, August 5th. JPMorgan Chase & Co. boosted their price target on Caterpillar from $1,125.00 to $1,165.00 and gave the company an "overweight" rating in a report on Wednesday, June 17th. Needham & Company LLC set a $980.00 price objective on Caterpillar in a research note on Thursday. Royal Bank Of Canada boosted their price objective on Caterpillar from $877.00 to $897.00 and gave the company a "sector perform" rating in a research note on Wednesday, August 5th. Finally, Erste Group Bank lowered shares of Caterpillar from a "buy" rating to a "hold" rating in a report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $994.17.

Caterpillar Price Performance

Caterpillar stock opened at $818.48 on Friday. Caterpillar Inc. has a 52-week low of $427.75 and a 52-week 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 firm's fifty day moving average is $853.58 and its 200 day moving average is $840.30. The company has a market cap of $376.23 billion, a price-to-earnings ratio of 35.22, a PEG ratio of 1.40 and a beta of 1.60.

Caterpillar (NYSE:CAT - Get Free Report) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share for the quarter, topping analysts' consensus estimates of $6.22 by $1.95. The firm had revenue of $20.54 billion for the quarter, compared to the consensus estimate of $19.34 billion. Caterpillar had a net margin of 14.51% and a return on equity of 55.53%. The business's quarterly revenue was up 23.7% on a year-over-year basis. During the same period in the previous year, the firm posted $4.72 EPS. Sell-side analysts forecast that Caterpillar Inc. will post 27.37 EPS for the current fiscal year.

Key Stories Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Broad-market strength supported CAT. Caterpillar was among the companies helping lead a roughly 550-point advance in the Dow, providing a favorable backdrop for industrial stocks. Cisco, Caterpillar share gains lead Dow's 550-point rally
• Positive Sentiment: CAT remains a top-performing industrial stock. Shares are up more than 40% this year, reflecting investor enthusiasm for construction, infrastructure and equipment demand. The strong rally also raises the possibility of profit-taking. Deere and Caterpillar Are Both Up Over 40% This Year
• Positive Sentiment: AI infrastructure is emerging as a growth catalyst. Reports highlight Caterpillar’s equipment orders extending toward 2030 and demand tied to data-center and infrastructure construction, broadening the company’s exposure beyond traditional industrial markets. CAT Could Be the Best AI Infrastructure Stock You’re Overlooking
• Positive Sentiment: Analyst estimates and ratings were generally supportive. Freedom Broker upgraded CAT to “buy” with a $980 price target, while Zacks raised its fourth-quarter 2026 EPS estimate to $6.73. Erste Group also modestly increased its fiscal 2027 EPS forecast to $32.28. The Lafayette City Council additionally approved incentives for an $890 million Caterpillar expansion, signaling continued investment capacity. Caterpillar upgraded by Freedom Broker
• Neutral Sentiment: Insider selling is a risk investors are monitoring. Caterpillar executives, including CEO Joseph Creed, have made substantial sales in recent months, although insider transactions may reflect diversification rather than a direct view on the company’s operating outlook. Caterpillar Inc. Stock Opinions on AI Partnership and Executive Stock Sale
• Negative Sentiment: Valuation and mixed estimates could limit further gains. CAT recently underperformed the broader market in a declining session, and Zacks trimmed its Q1 2028 EPS estimate to $7.87 from $7.94. With the stock trading well above its longer-term averages and at a premium valuation, investors may lock in profits if growth expectations moderate. Top Wide-Moat Stocks to Buy for Long-Term Wealth and Stability

About Caterpillar

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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