Farther Finance Advisors LLC Buys 4,280 Shares of Caterpillar Inc. $CAT

Key Points

• Farther Finance Advisors increased its Caterpillar stake by 12.6% in the second quarter, buying 4,280 shares and bringing its holdings to 38,184 shares valued at approximately $40.6 million. Institutional investors collectively own 70.98% of CAT.
• Caterpillar delivered strong quarterly results, reporting $8.17 in EPS and $20.54 billion in revenue, beating estimates and representing 23.7% year-over-year revenue growth.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $995.52, while Caterpillar raised its quarterly dividend to $1.63 per share, a 7.9% increase from $1.51.

Farther Finance Advisors LLC increased its stake in Caterpillar Inc. (NYSE:CAT - Free Report) by 12.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,184 shares of the industrial products company's stock after purchasing an additional 4,280 shares during the period. Farther Finance Advisors LLC's holdings in Caterpillar were worth $40,645,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Diamant Asset Management Inc. lifted its stake in shares of 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 valued at $2,224,992,000 after acquiring an additional 3,136,020 shares during the period. Capital International Investors bought a new stake in Caterpillar during the 4th quarter worth about $1,225,317,000. Northwestern Mutual Wealth Management Co. lifted its position in Caterpillar by 573.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,504,612 shares of the industrial products company's stock valued at $861,947,000 after purchasing an additional 1,281,087 shares during the period. Bank of America Corp DE boosted its stake in shares of Caterpillar by 16.0% in the 4th quarter. Bank of America Corp DE now owns 6,738,802 shares of the industrial products company's stock valued at $3,860,457,000 after purchasing an additional 928,974 shares during the last quarter. Finally, Cynosure Group LLC grew its position in shares of Caterpillar by 8,359.6% during the 4th quarter. Cynosure Group LLC now owns 513,754 shares of the industrial products company's stock worth $294,314,000 after buying an additional 507,681 shares during the period. 70.98% of the stock is currently owned by institutional investors.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analyst commentary highlighted accelerating, volume-driven growth across Caterpillar’s three operating segments and a sharp upgrade to its 2026 sales outlook, supporting the longer-term bullish case. Caterpillar's Volume Gains Drive Growth: Can Its Uptrend Continue?
• Positive Sentiment: Caterpillar was included among high-efficiency stocks with key operating ratios above industry averages, reinforcing the view that its strong earnings performance is supported by business quality. 5 Top-Ranked High-Efficiency Stocks Poised for Stronger Returns
• Positive Sentiment: The company committed up to $3 million in Arkansas as part of its five-year, $100 million workforce initiative. The investment should expand manufacturing talent pipelines, although the near-term earnings impact is likely limited. Caterpillar Expands Workforce Initiative to Arkansas

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on CAT. DA Davidson increased their price objective on shares of Caterpillar from $845.00 to $882.00 and gave the company a "neutral" rating in a report on Thursday, August 6th. Erste Group Bank cut shares of Caterpillar from a "buy" rating to a "hold" rating in a research report on Monday, July 27th. Oppenheimer restated an "outperform" rating and issued a $1,118.00 price target on shares of Caterpillar in a research report on Tuesday, August 4th. Sanford C. Bernstein reaffirmed a "market perform" rating and set a $1,002.00 price objective on shares of Caterpillar in a research note on Wednesday, August 5th. Finally, Rothschild & Co Redburn raised their target price on Caterpillar from $700.00 to $950.00 and gave the stock a "neutral" rating in a report on Thursday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eleven have issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $995.52.

Caterpillar Stock Down 4.3%

NYSE:CAT opened at $843.54 on Wednesday. Caterpillar Inc. has a 1 year low of $410.52 and a 1 year high of $1,073.46. The stock has a 50-day moving average price of $913.03 and a two-hundred day moving average price of $830.99. The stock has a market cap of $387.76 billion, a price-to-earnings ratio of 36.30, a PEG ratio of 1.53 and a beta of 1.60. 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 (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, beating 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 for the quarter, compared to analysts' expectations of $19.34 billion. During the same quarter in the previous year, the business posted $4.72 EPS. Caterpillar's revenue for the quarter was up 23.7% on a year-over-year basis. As a group, equities analysts expect that Caterpillar Inc. will post 26.56 earnings per share for the current year.

Caterpillar Increases Dividend

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

Caterpillar 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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