Private Advisor Group LLC Has $38.31 Million Stake in Caterpillar Inc. $CAT

Key Points

• Private Advisor Group increased its stake in Caterpillar by 8.1% in Q3 to 80,287 shares, a position worth about $38.31 million at quarter-end.
• Multiple analysts have raised price targets (Jefferies/Oppenheimer/BofA among them), leaving Caterpillar with a consensus rating of “Moderate Buy” and a consensus price target around $724.81, implying roughly near‑term upside versus current levels.
• Caterpillar recently beat quarterly revenue and EPS estimates (EPS $5.16 vs $4.67; revenue $19.13B, +17.9% YoY), but insiders have been net sellers (135,950 shares sold in the last 90 days) while the stock trades down and carries a P/E of about 36.2.

Private Advisor Group LLC increased its position in Caterpillar Inc. (NYSE:CAT - Free Report) by 8.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 80,287 shares of the industrial products company's stock after purchasing an additional 6,022 shares during the quarter. Private Advisor Group LLC's holdings in Caterpillar were worth $38,309,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Fisher Asset Management LLC increased its stake in Caterpillar by 2.3% in the second quarter. Fisher Asset Management LLC now owns 9,418,321 shares of the industrial products company's stock valued at $3,656,286,000 after acquiring an additional 208,196 shares during the period. Norges Bank bought a new position in Caterpillar during the second quarter worth about $2,165,899,000. Bank of New York Mellon Corp boosted its holdings in Caterpillar by 20.7% during the third quarter. Bank of New York Mellon Corp now owns 3,553,930 shares of the industrial products company's stock valued at $1,695,757,000 after purchasing an additional 609,023 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Caterpillar by 1.0% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 3,337,915 shares of the industrial products company's stock valued at $1,295,432,000 after purchasing an additional 33,467 shares during the period. Finally, Invesco Ltd. grew its stake in shares of Caterpillar by 4.5% in the 2nd quarter. Invesco Ltd. now owns 3,282,720 shares of the industrial products company's stock valued at $1,274,385,000 after purchasing an additional 140,784 shares during the period. Institutional investors own 70.98% of the company's stock.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analyst price‑target upgrades from Jefferies and Oppenheimer lift longer‑term outlooks — Jefferies raised its target to $825 and Oppenheimer to $817, both keeping buy/outperform views, signaling near‑20% upside versus current levels. Jefferies Adjusts Price Target
• Positive Sentiment: Recent fundamentals remain supportive: Caterpillar beat revenue and EPS expectations in its last report (strong margins and revenue growth), which underpins analyst bullishness and medium‑term earnings expectations. Analyst Upgrade Coverage
• Neutral Sentiment: CEO Joseph Creed sold 2,500 shares (filed with the SEC), a small reduction in insider holdings that may be interpreted as routine liquidity rather than a signal of deteriorating fundamentals. SEC Filing
• Neutral Sentiment: Positive PR and brand buzz from a viral AI image and Caterpillar’s real pickup concept give the company free publicity and may support equipment‑brand equity, but have limited immediate revenue impact. Caterpillar Built a Yellow Pickup
• Negative Sentiment: Large intraday losses in CAT helped drive sharp Dow declines and reflect heavy profit‑taking and macro risk sentiment; that market stress is the main reason the stock is down today. Dow Falls Coverage
• Negative Sentiment: Critical commentary on valuation labels Caterpillar as a high‑quality but highly valued cyclical, which could amplify downside if macro or industrial demand weakens. Valuation Critique
• Negative Sentiment: Market coverage noting the stock’s day‑over‑day dip highlights short‑term momentum weakness and heavier intraday volume, contributing to negative price action. Why CAT Dipped

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Bank of America raised their target price on Caterpillar from $735.00 to $825.00 and gave the stock a "buy" rating in a research report on Tuesday, February 10th. Argus increased their price objective on Caterpillar from $625.00 to $820.00 and gave the stock a "buy" rating in a research note on Wednesday, February 11th. Royal Bank Of Canada lifted their price objective on Caterpillar from $587.00 to $658.00 and gave the company a "sector perform" rating in a report on Friday, January 30th. Rothschild & Co Redburn boosted their target price on shares of Caterpillar from $650.00 to $700.00 and gave the company a "neutral" rating in a research note on Wednesday, February 4th. Finally, Wall Street Zen cut shares of Caterpillar from a "buy" rating to a "hold" rating in a research report on Saturday, February 21st. Sixteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, Caterpillar has a consensus rating of "Moderate Buy" and a consensus price target of $724.81.

Insider Transactions at Caterpillar

In other news, CEO Joseph E. Creed sold 2,500 shares of the stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $718.93, for a total transaction of $1,797,325.00. Following the sale, the chief executive officer directly owned 35,083 shares of the company's stock, valued at $25,222,221.19. This represents a 6.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Rodney Michael Shurman sold 2,278 shares of the firm's stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $759.61, for a total transaction of $1,730,391.58. Following the completion of the sale, the insider directly owned 1,443 shares of the company's stock, valued at approximately $1,096,117.23. This represents a 61.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 135,950 shares of company stock worth $94,327,990. Corporate insiders own 0.33% of the company's stock.

Caterpillar Trading Down 3.5%

CAT stock opened at $681.31 on Monday. The business has a fifty day moving average price of $681.47 and a 200 day moving average price of $576.40. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 0.94. Caterpillar Inc. has a fifty-two week low of $267.30 and a fifty-two week high of $789.81. The stock has a market capitalization of $317.01 billion, a price-to-earnings ratio of 36.20, a P/E/G ratio of 1.61 and a beta of 1.53.

Caterpillar (NYSE:CAT - Get Free Report) last announced its earnings results on Thursday, January 29th. The industrial products company reported $5.16 EPS for the quarter, topping the consensus estimate of $4.67 by $0.49. Caterpillar had a return on equity of 45.76% and a net margin of 13.14%.The company had revenue of $19.13 billion for the quarter, compared to analysts' expectations of $17.81 billion. During the same quarter in the prior year, the business earned $5.14 earnings per share. The business's revenue for the quarter was up 17.9% on a year-over-year basis. Analysts expect that Caterpillar Inc. will post 19.86 EPS for the current fiscal year.

Caterpillar Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 19th. Shareholders of record on Tuesday, January 20th were issued a dividend of $1.51 per share. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a $6.04 dividend on an annualized basis and a yield of 0.9%. Caterpillar's dividend payout ratio is currently 32.09%.

About Caterpillar

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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