Proficio Capital Partners LLC Buys 2,007 Shares of Caterpillar Inc. $CAT

Key Points

• Proficio Capital Partners increased its Caterpillar stake by 281.5% in the second quarter, adding 2,007 shares to own 2,720 shares valued at approximately $2.9 million. Institutional investors collectively hold about 70.98% of CAT’s outstanding stock.
• Caterpillar reported a strong quarter, with earnings per share of $8.17 and revenue of $20.54 billion, exceeding analyst estimates and representing 23.7% year-over-year revenue growth. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $994.17.
• CEO Joseph E. Creed sold 32,401 shares for roughly $26.2 million, reducing his direct ownership by 48.39%. CAT recently traded at $804.94, below its 50-day and 200-day moving averages.

Proficio Capital Partners LLC lifted its position in Caterpillar Inc. (NYSE:CAT - Free Report) by 281.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,720 shares of the industrial products company's stock after acquiring an additional 2,007 shares during the period. Proficio Capital Partners LLC's holdings in Caterpillar were worth $2,896,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in Caterpillar in the second quarter worth $40,457,153,000. Bank of America Corp DE acquired a new position in shares of Caterpillar in the 2nd quarter valued at $5,818,150,000. Diamant Asset Management Inc. increased its position in shares of Caterpillar by 68,427.2% in the 1st quarter. Diamant Asset Management Inc. now owns 3,140,603 shares of the industrial products company's stock valued at $2,224,992,000 after buying an additional 3,136,020 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in Caterpillar during the 2nd quarter worth $3,192,710,000. Finally, Legal & General Group Plc acquired a new stake in Caterpillar during the 2nd quarter worth $2,783,451,000. Institutional investors and hedge funds own 70.98% of the company's stock.

Insider Transactions at Caterpillar

In related news, CEO Joseph E. Creed sold 32,401 shares of the stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $808.98, for a total transaction of $26,211,760.98. Following the completion of the transaction, the chief executive officer directly owned 34,555 shares of the company's stock, valued at approximately $27,954,303.90. This represents a 48.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.33% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Robert W. Baird set a $970.00 target price on Caterpillar in a research note on Wednesday, August 5th. Erste Group Bank cut Caterpillar from a "buy" rating to a "hold" rating in a report on Monday, July 27th. Truist Financial set a $980.00 price objective on Caterpillar in a research report on Wednesday, August 5th. Royal Bank Of Canada increased their target price on Caterpillar from $877.00 to $897.00 and gave the stock a "sector perform" rating in a research note on Wednesday, August 5th. Finally, Citigroup raised their target price on shares of Caterpillar from $1,020.00 to $1,100.00 and gave the stock a "buy" rating in a report on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eleven have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $994.17.

Caterpillar Stock Down 1.3%

Caterpillar stock opened at $804.94 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 $423.32 and a 1-year high of $1,073.46. The company has a fifty day simple moving average of $856.52 and a 200 day simple moving average of $840.45. The company has a market cap of $370.01 billion, a P/E ratio of 34.64, a price-to-earnings-growth ratio of 1.41 and a beta of 1.60.

Caterpillar (NYSE:CAT - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $8.17 EPS for the quarter, topping analysts' consensus estimates of $6.22 by $1.95. The company 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 quarterly revenue was up 23.7% on a year-over-year basis. During the same period in the prior year, the business posted $4.72 EPS. Research analysts anticipate that Caterpillar Inc. will post 27.37 earnings per share for the current fiscal year.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analyst upgrade: Freedom Broker upgraded Caterpillar from “hold” to “buy” and set a $980 price target, implying meaningful upside from recent levels. Caterpillar analyst upgrade
• Positive Sentiment: Expansion investment: The Lafayette council approved incentives for Caterpillar’s planned $890 million expansion, potentially strengthening production capacity and supporting regional demand. Lafayette Caterpillar expansion
• Positive Sentiment: AI and infrastructure opportunity: Coverage highlighted Caterpillar’s collaboration with FieldAI on physical AI, autonomy and robotics for job sites. Investors also see the company as a beneficiary of AI-related data-center and infrastructure construction, with orders reportedly extending into 2030. Caterpillar FieldAI partnership
• Positive Sentiment: Improving earnings outlook: Zacks Research raised multiple 2026–2028 EPS estimates and maintained a “Strong-Buy” rating, including its FY2027 forecast to $31.43 and FY2028 forecast to $36.64. Recent reports also cited strong sector-wide construction and manufacturing demand. Caterpillar market performance
• Neutral Sentiment: Valuation and technical positioning: CAT remains near its 200-day moving average after a strong rally. Its elevated valuation leaves the stock sensitive to interest rates, macroeconomic headlines and shifts in investor sentiment.
• Negative Sentiment: Heavy insider selling: Company insiders recorded 33 sales versus one purchase over the past six months. CEO Joseph Creed accounted for roughly $26 million of sales, which may be fueling concerns about near-term upside and encouraging profit-taking. Caterpillar insider trading

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.

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