Meiji Yasuda America Inc Acquires 2,806 Shares of Caterpillar Inc. $CAT

Key Points

• Meiji Yasuda America increased its Caterpillar stake by 26.6% in the second quarter, purchasing 2,806 shares to hold 13,351 shares valued at approximately $14.2 million. Institutional investors collectively own 70.98% of Caterpillar.
• Caterpillar reported a strong quarter, with EPS of $8.17 beating estimates of $6.22 and revenue of $20.54 billion exceeding forecasts. Revenue rose 23.7% year over year, while analysts project full-year EPS of $27.14.
• The company raised its quarterly dividend to $1.63 per share, or $6.52 annually. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $995.52, though volatility and potential weakness in AI data-center construction remain risks.

Meiji Yasuda America Inc lifted its holdings in shares of Caterpillar Inc. (NYSE:CAT - Free Report) by 26.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,351 shares of the industrial products company's stock after buying an additional 2,806 shares during the period. Caterpillar makes up 2.4% of Meiji Yasuda America Inc's portfolio, making the stock its 13th biggest position. Meiji Yasuda America Inc's holdings in Caterpillar were worth $14,217,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of CAT. Lam Group Inc. purchased a new stake in shares of Caterpillar during the 1st quarter valued at about $26,000. Torren Management LLC bought a new stake in shares of Caterpillar in the fourth quarter worth approximately $27,000. Frazier Financial Advisors LLC raised its holdings in shares of Caterpillar by 220.0% during the fourth quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company's stock valued at $28,000 after purchasing an additional 33 shares during the last quarter. Decker Retirement Planning Inc. lifted its position in Caterpillar by 440.0% during the second quarter. Decker Retirement Planning Inc. now owns 27 shares of the industrial products company's stock valued at $29,000 after purchasing an additional 22 shares during the period. Finally, Cornerstone Financial Management LLC bought a new position in Caterpillar during the fourth quarter valued at approximately $32,000. Hedge funds and other institutional investors own 70.98% of the company's stock.

Caterpillar Stock Up 1.7%

CAT opened at $828.90 on Friday. The company has a current ratio of 1.37, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65. Caterpillar Inc. has a 1-year low of $410.52 and a 1-year high of $1,073.46. The company has a market capitalization of $381.02 billion, a PE ratio of 35.67, a PEG ratio of 1.43 and a beta of 1.60. The firm's 50 day simple moving average is $908.86 and its two-hundred day simple moving average is $833.13.

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 the consensus estimate of $19.34 billion. Caterpillar had a net margin of 14.51% and a return on equity of 55.53%. The company's revenue for the quarter was up 23.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $4.72 EPS. As a group, equities analysts forecast that Caterpillar Inc. will post 27.14 EPS for the current year.

Caterpillar Increases Dividend

The business also recently declared 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. This is a boost 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 was Monday, July 20th. Caterpillar's dividend payout ratio is presently 28.06%.

Wall Street Analyst Weigh In

A number of research firms have commented on CAT. Robert W. Baird set a $970.00 target price on shares of Caterpillar in a research report on Wednesday, August 5th. DA Davidson increased their price target on Caterpillar from $845.00 to $882.00 and gave the company a "neutral" rating in a report on Thursday, August 6th. Rothschild & Co Redburn lifted their price objective on Caterpillar from $700.00 to $950.00 and gave the stock a "neutral" rating in a report on Thursday, May 14th. JPMorgan Chase & Co. upped their price objective on Caterpillar from $1,125.00 to $1,165.00 and gave the company an "overweight" rating in a research report on Wednesday, June 17th. Finally, Wall Street Zen raised Caterpillar from a "hold" rating to a "buy" rating in a report on Saturday, May 2nd. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, Caterpillar currently has a consensus rating of "Moderate Buy" and a consensus price target of $995.52.

Trending Headlines about Caterpillar

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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