Diversify Advisory Services LLC Acquires 2,138 Shares of Caterpillar Inc. $CAT

Key Points

• Diversify Advisory Services increased its Caterpillar stake by 34.8% in the third quarter, purchasing 2,138 additional shares for a total of 8,289 shares valued at approximately $6.7 million. Institutional investors collectively own 70.98% of CAT.
• Caterpillar reported strong quarterly results, with earnings of $8.17 per share and revenue of $20.54 billion, exceeding analyst estimates. Its record $72 billion backlog and raised 2026 sales-growth outlook are supporting continued optimism.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $967.83, but Caterpillar’s elevated valuation and CEO Joseph Creed’s sale of approximately $26.2 million in shares highlight potential risks.

Diversify Advisory Services LLC boosted its holdings in Caterpillar Inc. (NYSE:CAT - Free Report) by 34.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,289 shares of the industrial products company's stock after purchasing an additional 2,138 shares during the period. Diversify Advisory Services LLC's holdings in Caterpillar were worth $6,721,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Stonebridge Financial Group LLC grew its position in Caterpillar by 0.7% during the second quarter. Stonebridge Financial Group LLC now owns 1,635 shares of the industrial products company's stock valued at $1,741,000 after buying an additional 11 shares during the period. Inspirion Wealth Advisors LLC increased its holdings in Caterpillar by 1.2% during the second quarter. Inspirion Wealth Advisors LLC now owns 944 shares of the industrial products company's stock worth $936,000 after buying an additional 11 shares during the last quarter. Bell Bank increased its holdings in Caterpillar by 0.6% during the second quarter. Bell Bank now owns 1,865 shares of the industrial products company's stock worth $1,986,000 after buying an additional 11 shares during the last quarter. Cornerstone Advisory LLC raised its position in Caterpillar by 0.7% in the first quarter. Cornerstone Advisory LLC now owns 1,818 shares of the industrial products company's stock worth $1,288,000 after acquiring an additional 12 shares during the period. Finally, Brandywine Oak Private Wealth LLC boosted its stake in Caterpillar by 2.6% in the first quarter. Brandywine Oak Private Wealth LLC now owns 506 shares of the industrial products company's stock valued at $358,000 after acquiring an additional 13 shares during the last quarter. Institutional investors own 70.98% of the company's stock.

Key Headlines Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Improving earnings outlook: Caterpillar has a strong history of exceeding quarterly estimates, and analysts see the company as having favorable conditions for another earnings beat. Its latest reported quarter also substantially exceeded consensus expectations for earnings and revenue. Will Caterpillar Beat Estimates Again
• Positive Sentiment: Strong backlog and raised outlook: Caterpillar is supported by a record $72 billion backlog, strong cash flow and an increased 2026 sales-growth outlook. Although the dividend was held steady, these factors could support future dividend growth and capital returns. CAT Keeps Dividend Unchanged
• Positive Sentiment: Rating and analyst support: Caterpillar was upgraded to Zacks Rank #2 (Buy), reflecting greater optimism about its earnings prospects. The average brokerage price target of approximately $967.83 is well above the recent trading level, although targets are not guarantees. Caterpillar Rating Upgrade
• Neutral Sentiment: Dealer technology partnership: IronSight AI and Fast Iron announced a platform that helps Caterpillar, Komatsu and Volvo equipment dealers identify and sell used parts using smartphone images. The development may improve dealer efficiency, but it is not expected to have a material near-term effect on Caterpillar’s financial results. IronSight AI and Fast Iron Partnership
• Negative Sentiment: Valuation and trading risks: Caterpillar’s elevated valuation leaves the stock vulnerable to a pullback if earnings momentum slows. ETFs were also reported as net sellers, while commentary cautioned that analyst optimism may already be reflected in the share price. Caterpillar Stock Pullback Risk

Analyst Upgrades and Downgrades

CAT has been the subject of a number of research reports. Royal Bank Of Canada increased their target price on shares of Caterpillar from $877.00 to $897.00 and gave the company a "sector perform" rating in a research report on Wednesday, August 5th. Wall Street Zen raised shares of Caterpillar from a "hold" rating to a "buy" rating in a report on Saturday, October 10th. DA Davidson lifted their price target on shares of Caterpillar from $845.00 to $882.00 and gave the stock a "neutral" rating in a report on Thursday, August 6th. President Capital started coverage on Caterpillar in a research note on Friday, September 18th. They issued a "buy" rating and a $999.00 price objective on the stock. Finally, Citigroup reduced their price objective on Caterpillar from $1,100.00 to $950.00 and set a "buy" rating for the company in a report on Monday, October 12th. Fifteen investment analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $967.83.

Insider Activity

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 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 owned 34,555 shares of the company's stock, valued at $27,954,303.90. The trade was a 48.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.33% of the stock is currently owned by company insiders.

Caterpillar Trading Up 2.1%

Shares of CAT opened at $740.20 on Thursday. Caterpillar Inc. has a fifty-two week low of $510.21 and a fifty-two week high of $1,073.46. The business has a 50-day moving average of $805.28 and a 200 day moving average of $856.93. The firm has a market cap of $340.25 billion, a P/E ratio of 31.85, a price-to-earnings-growth ratio of 1.24 and a beta of 1.58. 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 EPS for the quarter, beating the consensus estimate of $6.22 by $1.95. The business 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 company's revenue was up 23.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.72 earnings per share. As a group, research analysts forecast that Caterpillar Inc. will post 27.74 EPS for the current year.

Caterpillar Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Stockholders of record on Monday, October 26th will be paid a $1.63 dividend. The ex-dividend date is Monday, October 26th. This represents a $6.52 annualized dividend and a dividend yield of 0.9%. Caterpillar's dividend payout ratio (DPR) is presently 28.06%.

Caterpillar Profile

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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