Livforsakringsbolaget Skandia Omsesidigt Buys Shares of 14,782 Caterpillar Inc. $CAT

Key Points

• Livförsäkringsbolaget Skandia Omsesidigt acquired 14,782 Caterpillar shares worth approximately $15.7 million, while institutional investors collectively own 70.98% of the company.
• Caterpillar exceeded quarterly expectations, reporting $8.17 in EPS versus the $6.22 consensus and $20.54 billion in revenue. Analysts maintain a “Moderate Buy” consensus with an average price target of $995.52.
• The stock opened at $821.25, but its valuation remains elevated at roughly 35 times earnings following a major rally. CEO Joseph Creed also sold 32,401 shares, reducing his ownership by 48.39%.

Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in Caterpillar Inc. (NYSE:CAT - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 14,782 shares of the industrial products company's stock, valued at approximately $15,735,000.

Other institutional investors have also recently made changes to their positions in the company. Stonebridge Financial Group LLC boosted its position in Caterpillar by 0.7% in the 2nd 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 position in shares of 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 acquiring an additional 11 shares during the period. Bell Bank raised its stake in shares of Caterpillar by 0.6% in the second quarter. Bell Bank now owns 1,865 shares of the industrial products company's stock valued at $1,986,000 after acquiring an additional 11 shares in the last quarter. Cornerstone Advisory LLC boosted its holdings in Caterpillar by 0.7% in the first quarter. Cornerstone Advisory LLC now owns 1,818 shares of the industrial products company's stock valued at $1,288,000 after purchasing an additional 12 shares during the period. Finally, Advisory Resource Group grew its stake in Caterpillar by 0.8% during the 4th quarter. Advisory Resource Group now owns 1,632 shares of the industrial products company's stock worth $935,000 after purchasing an additional 13 shares in the last quarter. Institutional investors and hedge funds own 70.98% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Barclays lifted their price objective on Caterpillar from $800.00 to $900.00 and gave the company an "equal weight" rating in a research note on Thursday, August 6th. 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 research note on Thursday, August 6th. Truist Financial set a $980.00 price target on shares of Caterpillar in a report on Wednesday, August 5th. Sanford C. Bernstein restated a "market perform" rating and issued a $1,002.00 price objective on shares of Caterpillar in a report on Wednesday, August 5th. Finally, Zacks Research raised shares of Caterpillar from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $995.52.

Caterpillar Stock Up 0.9%

CAT opened at $821.25 on Wednesday. Caterpillar Inc. has a one year low of $416.44 and a one year high of $1,073.46. 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 stock has a market capitalization of $377.50 billion, a P/E ratio of 35.34, a price-to-earnings-growth ratio of 1.41 and a beta of 1.60. The business's 50-day simple moving average is $863.27 and its 200-day simple moving average is $839.74.

Caterpillar (NYSE:CAT - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $6.22 by $1.95. The firm had revenue of $20.54 billion for the quarter, compared to the consensus estimate of $19.34 billion. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%.The firm's quarterly revenue was up 23.7% compared to the same quarter last year. During the same quarter last year, the business posted $4.72 EPS. Analysts anticipate that Caterpillar Inc. will post 27.34 EPS for the current year.

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 stock was sold at an average price of $808.98, for a total value of $26,211,760.98. Following the transaction, the chief executive officer owned 34,555 shares of the company's stock, valued at approximately $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 accessible through this hyperlink. Insiders own 0.33% of the company's stock.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar’s power-generation backlog reportedly reached $72 billion, reinforcing the view that demand from data centers and AI-related infrastructure could make the company less dependent on the traditional construction cycle. Caterpillar's Power Generation Backlog Just Hit $72 Billion
• Positive Sentiment: Recent coverage points to Caterpillar’s record backlog, strong earnings and raised 2026 outlook as key reasons for its roughly 95% one-year gain. The company’s latest reported quarter also exceeded EPS and revenue expectations, supporting investor confidence in its operating momentum. Caterpillar Gains 95% in a Year: Time to Buy, Sell or Hold the Stock?
• Positive Sentiment: Chief Digital Officer Ogi Redzic described how AI is changing construction work, highlighting Caterpillar’s efforts to use digital tools and automation to improve equipment productivity and customer operations. This could strengthen the company’s longer-term technology and services opportunity. Caterpillar’s Digital Chief Ogi Redzic on How A.I. Is Redefining Construction Work
• Neutral Sentiment: Industry coverage continues to identify Caterpillar as a leading construction-equipment company, supported by its global dealer network and cash-generation capabilities. However, the equipment showcase itself does not provide a new financial catalyst. Caterpillar vs. Corning: Which Stock Is a Better Buy in 2026?
• Negative Sentiment: At approximately 34 times earnings, Caterpillar trades at a demanding valuation after its major rally. Analysts note that the premium leaves the stock vulnerable to profit-taking or disappointment if backlog conversion, margins or the 2026 outlook weaken. Caterpillar Gains 95% in a Year: Time to Buy, Sell or Hold the Stock?

Caterpillar Company 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.

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.