Longbow Finance SA Has $6.94 Million Holdings in Caterpillar Inc. $CAT

Key Points

• Longbow Finance SA reduced its Caterpillar stake by 31.2% in the second quarter, selling 2,957 shares and retaining 6,518 shares valued at approximately $6.94 million. Institutional investors collectively own about 70.98% of CAT.
• Caterpillar reported strong quarterly results, with earnings of $8.17 per share and revenue of $20.54 billion, surpassing analyst estimates and rising 23.7% year over year. The company also increased its quarterly dividend to $1.63 per share.
• Analysts maintain a generally positive outlook, with Caterpillar carrying a “Moderate Buy” consensus rating and an average price target of $995.52, though high valuation, stock volatility and potential weakness in AI data-center-related demand remain risks.

Longbow Finance SA lessened its holdings in Caterpillar Inc. (NYSE:CAT - Free Report) by 31.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,518 shares of the industrial products company's stock after selling 2,957 shares during the quarter. Longbow Finance SA's holdings in Caterpillar were worth $6,941,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in CAT. Decker Retirement Planning Inc. boosted its stake in shares of Caterpillar by 440.0% during the 2nd quarter. Decker Retirement Planning Inc. now owns 27 shares of the industrial products company's stock worth $29,000 after buying an additional 22 shares during the last quarter. Matrix Trust Co increased its position in shares of Caterpillar by 93.8% in the second quarter. Matrix Trust Co now owns 31 shares of the industrial products company's stock valued at $33,000 after acquiring an additional 15 shares during the last quarter. Lam Group Inc. bought a new stake in Caterpillar during the first quarter worth about $26,000. Ramsey Quantitative Systems acquired a new position in Caterpillar during the second quarter valued at approximately $48,000. Finally, Torren Management LLC acquired a new position in Caterpillar during the fourth quarter valued at approximately $27,000. Institutional investors and hedge funds own 70.98% of the company's stock.

Caterpillar Price Performance

Shares of CAT opened at $828.90 on Monday. Caterpillar Inc. has a fifty-two week low of $410.52 and a fifty-two week high of $1,073.46. The firm has a market capitalization of $381.02 billion, a PE ratio of 35.67, a PEG ratio of 1.45 and a beta of 1.60. The company's 50-day moving average is $908.86 and its 200-day moving average is $834.13. The company has a debt-to-equity ratio of 1.65, a current ratio of 1.37 and a quick ratio of 0.85.

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 for the quarter, beating the consensus estimate of $6.22 by $1.95. Caterpillar had a net margin of 14.51% and a return on equity of 55.53%. The firm had revenue of $20.54 billion for the quarter, compared to analysts' expectations of $19.34 billion. During the same period in the prior year, the firm earned $4.72 EPS. The business's revenue was up 23.7% on a year-over-year basis. Equities analysts forecast that Caterpillar Inc. will post 27.14 EPS for the current year.

Caterpillar Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Monday, July 20th were paid a $1.63 dividend. This is a boost from Caterpillar's previous quarterly dividend of $1.51. The ex-dividend date was Monday, July 20th. This represents a $6.52 annualized dividend and a yield of 0.8%. Caterpillar's dividend payout ratio is presently 28.06%.

Analyst Ratings Changes

CAT has been the topic of several recent analyst reports. Barclays boosted their price target on Caterpillar from $800.00 to $900.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 6th. Rothschild & Co Redburn increased their price objective on Caterpillar from $700.00 to $950.00 and gave the company a "neutral" rating in a report on Thursday, May 14th. UBS Group boosted their target price on shares of Caterpillar from $900.00 to $925.00 and gave the stock a "neutral" rating in a report on Wednesday, August 5th. HSBC upped their price target on shares of Caterpillar from $850.00 to $1,100.00 in a research report on Tuesday, May 5th. Finally, Sanford C. Bernstein reiterated a "market perform" rating and issued a $1,002.00 price target on shares of Caterpillar in a research note on Wednesday, August 5th. One 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 stock. Based on data from MarketBeat.com, Caterpillar currently has a consensus rating of "Moderate Buy" and an average price target of $995.52.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Higher full-year earnings forecasts: Zacks Research raised its FY2026 EPS estimate to $26.55 from $24.51 and its Q2 2027 estimate to $7.90 from $7.17. Zacks maintained a “Strong Buy” rating, signaling confidence in Caterpillar’s earnings trajectory. Zacks Research Forecasts Stronger Earnings for Caterpillar
• Positive Sentiment: $392 million tariff refund: Caterpillar received a significant refund as duty costs declined. The benefit partially offsets approximately $400 million in tariff expenses incurred during the quarter ended June 30 and could support near-term profitability and cash flow. Caterpillar bags $392M tariff refund as duty costs shrink
• Positive Sentiment: Constructive market backdrop: Expectations for continued S&P 500 strength, resilient earnings growth and potential AI-related capital spending are supportive for industrial companies such as Caterpillar. 5 Reasons the S&P 500 Could Keep Rallying Through Year-End
• Neutral Sentiment: High volatility remains a trading risk: Options activity indicates Caterpillar’s stock could experience unusually large moves in either direction, increasing uncertainty despite favorable fundamental projections. Caterpillar Stock Is Priced To Swing Hundreds Of Dollars Either Way
• Negative Sentiment: AI data-center backlash: Proposed restrictions and political resistance to AI-related power demand in Texas and New York could delay or reduce data-center construction. That creates a risk for Caterpillar’s power-generation and related equipment demand, prompting investors to reassess the company’s growth outlook. What Is Caterpillar Facing As AI Data Center Backlash Grows?
• Negative Sentiment: Near-term estimate reduction: Zacks lowered its Q4 2026 EPS forecast to $6.47 from $6.61, suggesting some caution around the next quarterly results even though its full-year and longer-term estimates improved. Caterpillar analyst estimates

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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