SCS Capital Management LLC acquired a new stake in Caterpillar Inc. (NYSE:CAT – Free Report) during the second quarter, according to its most recent filing with the SEC. The firm acquired 4,569 shares of the industrial products company’s stock, valued at approximately $4,866,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Axxcess Wealth Management LLC lifted its holdings in shares of Caterpillar by 2.8% during the fourth quarter. Axxcess Wealth Management LLC now owns 22,420 shares of the industrial products company’s stock worth $12,844,000 after purchasing an additional 604 shares during the period. DSG Capital Advisors LLC acquired a new position in Caterpillar in the 1st quarter worth approximately $1,226,000. Cornerstone Planning LLC acquired a new position in Caterpillar in the 4th quarter worth approximately $4,517,000. RiverFront Investment Group LLC raised its position in Caterpillar by 21.1% during the 4th quarter. RiverFront Investment Group LLC now owns 8,915 shares of the industrial products company’s stock worth $5,107,000 after buying an additional 1,552 shares during the last quarter. Finally, Larson Financial Group LLC lifted its stake in Caterpillar by 73.6% during the 4th quarter. Larson Financial Group LLC now owns 12,915 shares of the industrial products company’s stock valued at $7,399,000 after acquiring an additional 5,476 shares during the period. Institutional investors own 70.98% of the company’s stock.
Analysts Set New Price Targets
CAT has been the topic of a number of research reports. Royal Bank Of Canada increased their price objective on shares of Caterpillar from $877.00 to $897.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 5th. Daiwa Securities Group boosted their target price on shares of Caterpillar from $790.00 to $900.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Robert W. Baird set a $970.00 price target on shares of Caterpillar in a report on Wednesday, August 5th. Jefferies Financial Group lifted their price objective on Caterpillar from $900.00 to $1,045.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Finally, UBS Group boosted their price objective on Caterpillar from $900.00 to $925.00 and gave the company a “neutral” rating in a report 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 company. According to MarketBeat.com, Caterpillar currently has an average rating of “Moderate Buy” and an average target price of $995.52.
Trending Headlines about Caterpillar
Here are the key news stories impacting Caterpillar this week:
- Positive Sentiment: Caterpillar’s Construction Industries segment generated 35% revenue growth in the second quarter, supported by stronger demand, higher sales volumes and pricing. Digital technology and connected-equipment services could provide additional long-term growth opportunities. CAT’s Construction Revenues Up 35% in Q2: Can It Maintain This Pace?
- Positive Sentiment: Analysts point to favorable earnings-estimate revisions and recent price strength as potential catalysts. Caterpillar’s latest quarterly results also showed substantial year-over-year revenue and earnings growth, with results exceeding consensus expectations. Why Caterpillar (CAT) Might be Well Poised for a Surge
- Positive Sentiment: The company raised its quarterly dividend 8% to $1.63 per share and has now increased its annual dividend for 32 consecutive years, reinforcing Caterpillar’s appeal as an income-growth stock. However, the benefit is partly offset by the stock’s high price and consequently low yield. Caterpillar’s Dividend Case Is Stronger in 2026, But the Yield Is Holding It Back
- Neutral Sentiment: CEO Joe Creed is scheduled to participate in a Wells Fargo investor discussion on September 10. The event could provide updates on demand, dealer inventories and guidance, but it is not an immediate earnings catalyst. Caterpillar CEO Joe Creed to Participate in Virtual Headquarters Visit with Wells Fargo
- Negative Sentiment: One analysis questions whether construction demand is being driven by durable end-market activity or dealer-channel ordering. That uncertainty raises concerns about a possible slowdown or inventory adjustment after the recent surge. Is Caterpillar Stock Relying on an Artificial Demand Story?
- Negative Sentiment: At a valuation above 34 times earnings, Caterpillar leaves less room for disappointment. Investors are also cautious that its data-center-related exposure could face political scrutiny, while the dividend yield remains limited at the current valuation.
Caterpillar Stock Performance
Shares of NYSE CAT opened at $800.11 on Friday. The company has a market capitalization of $367.79 billion, a PE ratio of 34.43, a price-to-earnings-growth ratio of 1.43 and a beta of 1.60. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 1.37. The company’s fifty day moving average price is $893.92 and its 200 day moving average price is $837.14. Caterpillar Inc. has a 1 year low of $410.52 and a 1 year high of $1,073.46.
Caterpillar (NYSE:CAT – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share for the quarter, beating analysts’ consensus estimates of $6.22 by $1.95. The company had revenue of $20.54 billion during the quarter, compared to analysts’ expectations of $19.34 billion. Caterpillar had a net margin of 14.51% and a return on equity of 55.53%. The firm’s revenue for the quarter was up 23.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $4.72 earnings per share. On average, research analysts predict that Caterpillar Inc. will post 27.14 earnings per share for the current year.
Caterpillar Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Monday, July 20th were issued a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Monday, July 20th. This is a positive change from Caterpillar’s previous quarterly dividend of $1.51. Caterpillar’s payout ratio is currently 28.06%.
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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