GTS Securities LLC Buys 5,634 Shares of Caterpillar Inc. $CAT

Key Points

• GTS Securities increased its Caterpillar position by 153.4% in the second quarter, purchasing 5,634 additional shares for a total holding of 9,307 shares valued at approximately $9.9 million. Institutional investors own about 70.98% of CAT.
• Analyst sentiment remains positive, with Caterpillar carrying a “Moderate Buy” consensus rating and an average price target of $995.52. Citigroup raised its target to $1,100, while other firms maintained neutral or sector-perform ratings.
• Caterpillar reported strong quarterly results, with EPS of $8.17 versus the $6.22 consensus and revenue of $20.54 billion, up 23.7% year over year. Shares opened at $816.41, while CEO Joseph Creed separately sold 32,401 shares worth about $26.2 million.

GTS Securities LLC boosted its position in shares of Caterpillar Inc. (NYSE:CAT - Free Report) by 153.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,307 shares of the industrial products company's stock after purchasing an additional 5,634 shares during the period. GTS Securities LLC's holdings in Caterpillar were worth $9,911,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of CAT. Flputnam Investment Management Co. boosted its position in shares of Caterpillar by 0.4% during the second quarter. Flputnam Investment Management Co. now owns 18,961 shares of the industrial products company's stock worth $20,192,000 after buying an additional 67 shares during the period. Cookson Peirce & Co. Inc. lifted its stake in Caterpillar by 15.0% in the 2nd quarter. Cookson Peirce & Co. Inc. now owns 1,160 shares of the industrial products company's stock valued at $1,235,000 after acquiring an additional 151 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Caterpillar by 2.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 180,921 shares of the industrial products company's stock worth $192,662,000 after acquiring an additional 4,005 shares during the last quarter. Wedbush Securities Inc. grew its stake in shares of Caterpillar by 0.9% during the 2nd quarter. Wedbush Securities Inc. now owns 22,428 shares of the industrial products company's stock worth $23,883,000 after acquiring an additional 210 shares in the last quarter. Finally, Meiji Yasuda Life Insurance Co lifted its position in shares of Caterpillar by 6.9% in the second quarter. Meiji Yasuda Life Insurance Co now owns 3,376 shares of the industrial products company's stock worth $3,595,000 after purchasing an additional 217 shares in the last quarter. 70.98% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently weighed in on CAT. Citigroup raised their target price on shares of Caterpillar from $1,020.00 to $1,100.00 and gave the company a "buy" rating in a research report on Tuesday, July 14th. UBS Group increased their price objective on shares of Caterpillar from $900.00 to $925.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 5th. Truist Financial set a $980.00 target price on Caterpillar in a research report on Wednesday, August 5th. Robert W. Baird set a $970.00 target price on Caterpillar in a report on Wednesday, August 5th. Finally, Royal Bank Of Canada raised their price target on Caterpillar from $877.00 to $897.00 and gave the company a "sector perform" rating in a research note on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eleven have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Caterpillar has an average rating of "Moderate Buy" and an average price target of $995.52.

Caterpillar Trading Down 0.7%

Shares of NYSE:CAT opened at $816.41 on Thursday. The company has a 50-day simple moving average of $859.73 and a 200 day simple moving average of $840.13. The company has a market capitalization of $375.28 billion, a P/E ratio of 35.13, a price-to-earnings-growth ratio of 1.43 and a beta of 1.60. 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 Inc. has a 52-week low of $419.50 and a 52-week high of $1,073.46.

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 (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 period last year, the firm posted $4.72 earnings per share. The business's revenue was up 23.7% on a year-over-year basis. Sell-side analysts forecast that Caterpillar Inc. will post 27.37 earnings per share for the current year.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analysts raised earnings estimates across multiple periods. Zacks Research increased its forecasts for Q3 2026, FY2026, FY2027, Q1–Q4 2027, Q2 2028 and FY2028. Its FY2027 estimate rose to $31.43 per share from $30.14, while its FY2028 forecast increased to $36.64 from $35.97. Zacks maintained a “Strong Buy” rating. MarketBeat Caterpillar analyst estimates
• Positive Sentiment: AI and automation remain a growth catalyst. Caterpillar’s collaboration with FieldAI is intended to advance physical AI, autonomous equipment and robotics, potentially improving customer safety and efficiency while creating new technology-driven revenue opportunities. Caterpillar FieldAI partnership
• Positive Sentiment: Industrial and manufacturing trends support demand. Lean inventories and continued U.S. production growth are cited as reasons Caterpillar remains attractive among industrial stocks. Piper Sandler also identifies Caterpillar as a potential beneficiary of a rotation from high-priced AI leaders toward industrial companies. U.S. manufacturing growth stocks
• Neutral Sentiment: CAT has significantly outperformed over the past year. Coverage highlights a record backlog, strong earnings and an improved 2026 outlook, but compares Caterpillar’s performance with other industrial-product companies rather than providing a new company-specific catalyst. Caterpillar buy sell or hold analysis
• Negative Sentiment: Valuation and interest-rate risks remain concerns. CAT trades at a high earnings multiple after its substantial rally. Piper Sandler cautions that a move in the 10-year Treasury yield above roughly 4.80% could challenge the industrial-rotation thesis and pressure rate-sensitive valuations. Piper Sandler industrial stocks and Treasury yields

Insider Transactions at Caterpillar

In other Caterpillar news, CEO Joseph E. Creed sold 32,401 shares of Caterpillar stock in a transaction on Friday, August 28th. The shares were sold at an average price of $808.98, for a total transaction of $26,211,760.98. Following the completion of the transaction, the chief executive officer directly 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 through this hyperlink. 0.33% of the stock is owned by corporate insiders.

Caterpillar Profile

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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