Leonteq Securities AG Sells 5,280 Shares of Caterpillar Inc. $CAT

Key Points

• Leonteq Securities AG cut its Caterpillar stake by 79.7% in the second quarter, selling 5,280 shares and retaining 1,345 shares valued at approximately $1.43 million. Institutional investors and hedge funds collectively own 70.98% of CAT.
• Analyst sentiment remains positive: Caterpillar has an overall “Moderate Buy” rating and an average price target of $995.52, with several firms recently raising their targets.
• Caterpillar reported strong quarterly results, posting $8.17 in EPS and $20.54 billion in revenue, both above expectations, while revenue increased 23.7% year over year. The company also raised its quarterly dividend to $1.63 per share.

Leonteq Securities AG decreased its stake in Caterpillar Inc. (NYSE:CAT - Free Report) by 79.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,345 shares of the industrial products company's stock after selling 5,280 shares during the period. Leonteq Securities AG's holdings in Caterpillar were worth $1,432,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CAT. Axxcess Wealth Management LLC raised its stake in Caterpillar by 2.8% during the fourth quarter. Axxcess Wealth Management LLC now owns 22,420 shares of the industrial products company's stock worth $12,844,000 after buying an additional 604 shares during the last quarter. Juno Financial Group LLC bought a new stake in Caterpillar during the fourth quarter valued at $877,000. DSG Capital Advisors LLC acquired a new stake in Caterpillar during the 1st quarter worth about $1,226,000. Cornerstone Planning LLC bought a new position in shares of Caterpillar in the 4th quarter worth about $4,517,000. Finally, RiverFront Investment Group LLC lifted its stake in shares of Caterpillar by 21.1% in the 4th quarter. RiverFront Investment Group LLC now owns 8,915 shares of the industrial products company's stock valued at $5,107,000 after purchasing an additional 1,552 shares during the period. 70.98% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Argus raised their target price on Caterpillar from $820.00 to $990.00 and gave the stock a "buy" rating in a research note on Tuesday, May 5th. Citigroup boosted their price target on Caterpillar from $1,020.00 to $1,100.00 and gave the company a "buy" rating in a research note on Tuesday, July 14th. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Caterpillar in a research report on Wednesday, August 5th. Truist Financial set a $980.00 price objective on shares of Caterpillar in a research note on Wednesday, August 5th. Finally, UBS Group boosted their target price on shares of Caterpillar from $900.00 to $925.00 and gave the company a "neutral" rating in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $995.52.

Caterpillar Stock Performance

CAT opened at $814.68 on Thursday. The company has a current ratio of 1.37, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65. The company's fifty day moving average price is $912.19 and its two-hundred day moving average price is $832.06. Caterpillar Inc. has a 1-year low of $410.52 and a 1-year high of $1,073.46. The company has a market cap of $374.49 billion, a price-to-earnings ratio of 35.06, a PEG ratio of 1.48 and a beta of 1.60.

Caterpillar (NYSE:CAT - Get Free Report) last issued 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. The firm had revenue of $20.54 billion during the quarter, compared to analysts' expectations of $19.34 billion. Caterpillar had a net margin of 14.51% and a return on equity of 55.53%. The business's revenue was up 23.7% on a year-over-year basis. During the same period last year, the company earned $4.72 earnings per share. On average, analysts expect that Caterpillar Inc. will post 26.98 EPS for the current fiscal year.

Caterpillar Increases Dividend

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

Key Stories Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analysts raised earnings forecasts. Zacks Research increased its EPS projections across several periods, including FY2027 to $30.14 from $29.01 and FY2028 to $35.97 from $34.31. The firm maintained a “Strong-Buy” rating, signaling improved confidence in Caterpillar’s long-term earnings outlook. Zacks Research estimates
• Positive Sentiment: Growth momentum remains a supporting factor. A Zacks analysis said volume-driven growth is accelerating across Caterpillar’s three segments and prompted a sharp increase in its 2026 sales outlook. The company also announced a $3 million workforce investment in Arkansas, supporting local hiring and operations. Caterpillar volume gains analysis Caterpillar workforce initiative
• Neutral Sentiment: Recent gains may be prompting profit-taking. Commentary highlighted that CAT has risen sharply over the past year, increasing attention to valuation and how much future growth is already reflected in the stock. CAT stock performance analysis
• Negative Sentiment: Weak industrial data raised demand concerns. U.S. industrial production was weaker than expected in July, prompting investors to question whether Caterpillar’s record backlog can withstand a slowdown in industrial activity and equipment demand. Weaker U.S. industrial output analysis
• Negative Sentiment: Market-wide selling pressured CAT. Caterpillar and Goldman Sachs were cited as major drags on the Dow amid a pullback in AI-related and technology-linked trades. This appears to reflect broader risk reduction and sector rotation rather than a new company-specific operational setback. Dow market pressure

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.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source