Clearstead Trust LLC Buys 944 Shares of Caterpillar Inc. $CAT

Posted by Brenda Bartman on Jul 17th, 2026

Clearstead Trust LLC boosted its position in Caterpillar Inc. (NYSE:CAT – Free Report) by 66.8% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 2,358 shares of the industrial products company’s stock after acquiring an additional 944 shares during the quarter. Clearstead Trust LLC’s holdings in Caterpillar were worth $1,671,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in CAT. Pacific Point Advisors LLC acquired a new position in shares of Caterpillar during the fourth quarter worth approximately $579,000. Brighton Jones LLC increased its stake in Caterpillar by 51.5% during the 4th quarter. Brighton Jones LLC now owns 7,409 shares of the industrial products company’s stock valued at $2,688,000 after purchasing an additional 2,519 shares in the last quarter. United Bank raised its holdings in Caterpillar by 108.5% during the second quarter. United Bank now owns 4,083 shares of the industrial products company’s stock worth $1,585,000 after buying an additional 2,125 shares during the last quarter. Schnieders Capital Management LLC. lifted its stake in shares of Caterpillar by 3.9% in the second quarter. Schnieders Capital Management LLC. now owns 9,147 shares of the industrial products company’s stock valued at $3,551,000 after buying an additional 347 shares in the last quarter. Finally, Alliancebernstein L.P. increased its position in shares of Caterpillar by 6.5% during the second quarter. Alliancebernstein L.P. now owns 572,165 shares of the industrial products company’s stock worth $222,120,000 after acquiring an additional 34,846 shares in the last quarter. Institutional investors own 70.98% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on CAT shares. Wells Fargo & Company raised their price target on shares of Caterpillar from $1,050.00 to $1,155.00 and gave the company an “overweight” rating in a research report on Tuesday, June 23rd. Bank of America increased their price objective on Caterpillar from $930.00 to $989.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. HSBC raised their target price on Caterpillar from $850.00 to $1,100.00 in a report on Tuesday, May 5th. Oppenheimer lifted their price objective on shares of Caterpillar from $980.00 to $1,105.00 and gave the stock an “outperform” rating in a report on Monday. Finally, Argus upped their target price on shares of Caterpillar from $820.00 to $990.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Fifteen investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $980.57.

View Our Latest Analysis on CAT

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

Positive Sentiment: Zacks Research lifted Caterpillar’s earnings outlook for multiple periods, including FY2026, FY2027 and FY2028, signaling stronger profit growth ahead and supporting the long-term bull case for CAT.
Positive Sentiment: Wall Street commentary ahead of Caterpillar’s Q2 2026 report points to a double-digit rise in profits, suggesting the upcoming earnings release could act as a catalyst if results meet or beat expectations. What to Expect From Caterpillar’s Q2 2026 Earnings Report
Neutral Sentiment: Investor interest in Caterpillar remains elevated around themes tied to infrastructure, power demand and data-center buildouts, which may provide a broader backdrop of demand for heavy equipment and power-related products. 3 Stocks Riding the AI Data Center Power Buildout in July
Negative Sentiment: The downgrade to hold from Zacks Research is the most immediate negative catalyst, likely pressuring sentiment despite the improved earnings forecasts.
Negative Sentiment: Recent trading weakness in CAT also shows investors have been taking profits ahead of earnings, leaving the stock vulnerable to any disappointment in the upcoming report.

Insider Buying and Selling

In other Caterpillar news, insider Lange Bob De sold 24,222 shares of the stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $922.92, for a total transaction of $22,354,968.24. Following the completion of the transaction, the insider directly owned 86,029 shares of the company’s stock, valued at approximately $79,397,884.68. This represents a 21.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO William E. Schaupp sold 360 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $906.00, for a total value of $326,160.00. Following the completion of the sale, the chief accounting officer directly owned 530 shares of the company’s stock, valued at $480,180. This represents a 40.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 95,773 shares of company stock worth $87,642,635 in the last three months. Insiders own 0.33% of the company’s stock.

Caterpillar Trading Down 4.1%

Shares of Caterpillar stock opened at $876.44 on Friday. The firm has a market cap of $403.68 billion, a PE ratio of 43.63, a P/E/G ratio of 1.79 and a beta of 1.57. Caterpillar Inc. has a 1 year low of $405.46 and a 1 year high of $1,073.46. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.35 and a quick ratio of 0.81. The stock has a fifty day moving average price of $931.59 and a 200-day moving average price of $792.83.

Caterpillar (NYSE:CAT – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The industrial products company reported $5.54 earnings per share for the quarter, beating the consensus estimate of $4.65 by $0.89. Caterpillar had a net margin of 13.33% and a return on equity of 48.21%. The company had revenue of $17.41 billion during the quarter, compared to analyst estimates of $16.53 billion. During the same quarter in the prior year, the business earned $4.25 earnings per share. The firm’s revenue for the quarter was up 22.2% on a year-over-year basis. Equities research analysts anticipate that Caterpillar Inc. will post 24.86 EPS for the current year.

Caterpillar Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Monday, July 20th will be issued a $1.63 dividend. This is a boost from Caterpillar’s previous quarterly dividend of $1.51. The ex-dividend date of this dividend is Monday, July 20th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 0.7%. Caterpillar’s payout ratio is presently 30.06%.

About Caterpillar

(Free Report)

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.