FCG Investment Co Purchases 2,406 Shares of Caterpillar Inc. $CAT

Key Points

• FCG Investment Co. increased its Caterpillar stake by 167.4% in the second quarter, purchasing 2,406 additional shares to own 3,843 shares valued at approximately $4.1 million. Institutional investors collectively own about 71% of CAT.
• Caterpillar reported a strong second quarter, with revenue up 23.7% year over year to $20.54 billion and EPS of $8.17, well above the $6.22 consensus estimate. The company also raised its quarterly dividend to $1.63 per share.
• Analysts maintain a broadly positive view, with a “Moderate Buy” consensus and an average price target of $995.52, although Caterpillar’s premium valuation and the need to expand production efficiently could limit near-term upside.

FCG Investment Co increased its position in Caterpillar Inc. (NYSE:CAT - Free Report) by 167.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,843 shares of the industrial products company's stock after buying an additional 2,406 shares during the quarter. Caterpillar accounts for approximately 1.4% of FCG Investment Co's holdings, making the stock its 17th biggest holding. FCG Investment Co's holdings in Caterpillar were worth $4,092,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in CAT. Pacific Point Advisors LLC purchased a new position in shares of Caterpillar in the fourth quarter valued at about $579,000. Brighton Jones LLC boosted its holdings in shares of Caterpillar by 51.5% during the fourth 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 boosted its holdings in shares of Caterpillar by 108.5% during the second 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 stake in shares of Caterpillar by 3.9% in the second quarter. Schnieders Capital Management LLC. now owns 9,147 shares of the industrial products company's stock worth $3,551,000 after purchasing an additional 347 shares during the last quarter. Finally, Alliancebernstein L.P. increased its holdings in Caterpillar by 6.5% during the 2nd quarter. Alliancebernstein L.P. now owns 572,165 shares of the industrial products company's stock valued at $222,120,000 after purchasing an additional 34,846 shares during the period. Hedge funds and other institutional investors own 70.98% of the company's stock.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Record quarterly performance: Caterpillar reported approximately $20.5 billion in second-quarter sales and revenue, with stronger operating profit and margins. The results reinforce expectations for continued earnings growth. Caterpillar Marks Record Quarter with $20.5B in Sales and Revenues
• Positive Sentiment: Large backlog and raised outlook: A roughly $72 billion backlog and an increased 2026 outlook provide revenue visibility and strengthen the bullish case following the earnings release. The Zacks Analyst Blog Highlights Caterpillar, Komatsu, Terex and Astec Industries
• Positive Sentiment: AI and power demand: Analysts and bullish commentary point to demand for Caterpillar’s engines, turbines and heavy equipment from data-center construction and related power infrastructure. Much of the company’s large-engine capacity is booked years ahead. Bull of the Day: Caterpillar
• Positive Sentiment: Momentum and earnings revisions: Caterpillar was identified as a top momentum pick, while Erste Group raised its fiscal 2026 EPS estimate to $24.78 and fiscal 2027 estimate to $31.18. These revisions indicate improving profit expectations, although the bank maintains a Hold rating. Western Digital & 2 Momentum Stocks That Could Soar in 2026
• Neutral Sentiment: Execution is now key: With demand and orders strong, future upside depends on how quickly Caterpillar can expand production at its existing plants without weakening margins. Caterpillar Stock's Upside Is Sitting in Plants It Already Owns
• Negative Sentiment: Premium valuation: After a substantial five-year rally, valuation measures suggest CAT may be about 6% overvalued. Investors may already be pricing in much of the AI-related demand and earnings optimism, limiting near-term upside. Caterpillar Stock Could Be 6% Overvalued As AI Demand Lifts Outlook

Analysts Set New Price Targets

A number of research firms have commented on CAT. Evercore reaffirmed an "outperform" rating and set a $1,103.00 price target on shares of Caterpillar in a research report on Monday, May 11th. Weiss Ratings reiterated a "buy (b-)" rating on shares of Caterpillar in a research report on Wednesday, August 5th. Bank of America upped their target price on Caterpillar from $930.00 to $989.00 and gave the company a "buy" rating in a report on Friday, May 1st. Wells Fargo & Company raised 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. Finally, Citigroup lifted their price target on shares of Caterpillar from $1,020.00 to $1,100.00 and gave the company a "buy" rating in a report on Tuesday, July 14th. Thirteen analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $995.52.

Caterpillar Stock Up 1.7%

CAT stock opened at $857.35 on Thursday. Caterpillar Inc. has a fifty-two week low of $405.46 and a fifty-two week high of $1,073.46. The business's 50 day moving average price is $917.75 and its two-hundred day moving average price is $824.70. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 1.37. The company has a market capitalization of $394.10 billion, a price-to-earnings ratio of 36.89, a price-to-earnings-growth ratio of 1.51 and a beta of 1.60.

Caterpillar (NYSE:CAT - Get Free Report) last released its earnings results 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. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%.The company had revenue of $20.54 billion during the quarter, compared to analysts' expectations of $19.34 billion. During the same quarter last year, the business 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, analysts forecast that Caterpillar Inc. will post 26.56 earnings per share for the current fiscal year.

Caterpillar Increases Dividend

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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