Corient Private Wealth LP Makes New $564.05 Million Investment in Caterpillar Inc. $CAT

Key Points

• Corient Private Wealth invested approximately $564.1 million in Caterpillar during the second quarter by purchasing 729,494 shares, while institutional investors collectively own 70.98% of the company.
• Caterpillar reported a strong quarter, with EPS of $8.17 versus the $6.22 consensus and revenue of $20.54 billion, up 23.7% year over year. The company also raised its quarterly dividend to $1.63 per share.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $995.52 price target, though elevated valuation, recent share-price weakness and CEO insider selling could limit near-term upside.

Corient Private Wealth LP bought a new stake in shares of Caterpillar Inc. (NYSE:CAT - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 729,494 shares of the industrial products company's stock, valued at approximately $564,054,000. Corient Private Wealth LP owned about 0.16% of Caterpillar at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of CAT. BlackRock Inc. bought a new stake in shares of Caterpillar in the second quarter valued at $40,457,153,000. Bank of America Corp DE bought a new position in Caterpillar in the 2nd quarter valued at $5,818,150,000. Diamant Asset Management Inc. grew its position in Caterpillar by 68,427.2% during the first quarter. Diamant Asset Management Inc. now owns 3,140,603 shares of the industrial products company's stock worth $2,224,992,000 after buying an additional 3,136,020 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in shares of Caterpillar during the second quarter worth about $3,192,710,000. Finally, Legal & General Group Plc purchased a new stake in Caterpillar in the second quarter valued at approximately $2,783,451,000. Hedge funds and other institutional investors own 70.98% of the company's stock.

Caterpillar Trading Down 0.1%

Caterpillar stock opened at $813.51 on Monday. The firm has a 50 day moving average of $872.52 and a 200 day moving average of $838.91. The company has a current ratio of 1.37, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65. Caterpillar Inc. has a 12-month low of $416.44 and a 12-month high of $1,073.46. The firm has a market capitalization of $373.95 billion, a price-to-earnings ratio of 35.00, a P/E/G ratio of 1.41 and a beta of 1.60.

Caterpillar (NYSE:CAT - Get Free Report) last posted its quarterly earnings results 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. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%.The business had revenue of $20.54 billion during the quarter, compared to the consensus estimate of $19.34 billion. During the same period in the prior year, the company posted $4.72 EPS. The firm's revenue for the quarter was up 23.7% compared to the same quarter last year. As a group, research analysts predict that Caterpillar Inc. will post 27.34 earnings per share for the current year.

Caterpillar Increases Dividend

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

Analysts Set New Price Targets

Several analysts have issued reports on CAT shares. JPMorgan Chase & Co. upped their target price on Caterpillar from $1,125.00 to $1,165.00 and gave the stock an "overweight" rating in a research note on Wednesday, June 17th. Citigroup upped their price target on Caterpillar from $1,020.00 to $1,100.00 and gave the company a "buy" rating in a research report on Tuesday, July 14th. Oppenheimer reaffirmed an "outperform" rating and issued a $1,118.00 target price on shares of Caterpillar in a research report on Tuesday, August 4th. Rothschild & Co Redburn lifted their price target on Caterpillar from $700.00 to $950.00 and gave the company a "neutral" rating in a research report on Thursday, May 14th. Finally, Wells Fargo & Company upped their price target 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. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average 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 dated Friday, August 28th. The stock was sold at an average price of $808.98, for a total value of $26,211,760.98. Following the completion of the transaction, 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.33% of the company's stock.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: FieldAI partnership supports the automation outlook. Caterpillar is combining its construction-equipment expertise with FieldAI’s physical-AI technology to develop autonomous capabilities for machines and improve safety, productivity and visibility at jobsites. The initiative could create longer-term revenue opportunities in equipment, software and services. Caterpillar partners with FieldAI for equipment automation
• Positive Sentiment: Analyst and quantitative sentiment has improved. Zacks upgraded CAT to Rank #1, or “Strong Buy,” citing rising optimism about earnings prospects. Erste Group Bank also raised its fiscal 2026 EPS forecast, adding to the constructive outlook. Caterpillar upgraded to Strong Buy
• Positive Sentiment: AI infrastructure is boosting Power & Energy demand. Caterpillar’s retail sales to power-generation users reportedly surged 72% year over year in the second quarter, as data centers and generative-AI infrastructure increase demand for reliable power. This gives CAT an additional growth driver beyond traditional construction and mining markets. Can CAT Stock Compound Its Way Higher?
• Neutral Sentiment: Recent earnings performance remains a strength, but expectations are elevated. Caterpillar’s latest quarterly results exceeded consensus estimates for both earnings and revenue, with revenue up 23.7% year over year. A sector review described CAT as the strongest heavy-machinery performer, though investors are increasingly pricing in continued execution.
• Negative Sentiment: Valuation and performance concerns could limit upside. Commentary notes that CAT has outperformed peers in the stock market more than in underlying business performance, leaving the shares dependent on future growth. The stock has also declined since its latest earnings report, while a report tied the recent weakness to insider selling. CAT Has Left Its Peers Behind. Or Has It?

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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