Caterpillar Inc. $CAT Stock Sold by Culbertson A N & Co. Inc.

Posted by George Bondi on Oct 23rd, 2026

Culbertson A N & Co. Inc. lowered its position in Caterpillar Inc. (NYSE:CAT – Free Report) by 3.7% in the third quarter, HoldingsChannel reports. The firm owned 36,412 shares of the industrial products company’s stock after selling 1,408 shares during the period. Caterpillar makes up about 3.3% of Culbertson A N & Co. Inc.’s portfolio, making the stock its 6th biggest holding. Culbertson A N & Co. Inc.’s holdings in Caterpillar were worth $29,522,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Diversify Advisory Services LLC purchased a new stake in Caterpillar in the second quarter valued at $5,372,000. D.B. Root & Company LLC acquired a new position in shares of Caterpillar in the 2nd quarter valued at $850,000. Dearborn Partners LLC purchased a new position in shares of Caterpillar during the 2nd quarter worth $20,293,000. B. Metzler seel. Sohn & Co. AG grew its holdings in shares of Caterpillar by 4.3% during the 2nd quarter. B. Metzler seel. Sohn & Co. AG now owns 62,731 shares of the industrial products company’s stock worth $66,802,000 after purchasing an additional 2,590 shares during the period. Finally, Van Hulzen Asset Management LLC boosted its stake in Caterpillar by 85.3% during the second quarter. Van Hulzen Asset Management LLC now owns 2,809 shares of the industrial products company’s stock worth $2,991,000 after buying an additional 1,293 shares during the period. 70.98% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Sanford C. Bernstein reiterated a “market perform” rating and issued a $749.00 target price on shares of Caterpillar in a report on Wednesday, October 14th. Truist Financial lowered their price target on Caterpillar from $1,225.00 to $1,100.00 and set a “buy” rating for the company in a research report on Monday, October 5th. UBS Group lifted their price objective on Caterpillar from $900.00 to $925.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Weiss Ratings upgraded Caterpillar from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, October 14th. Finally, Wall Street Zen raised Caterpillar from a “hold” rating to a “buy” rating in a research note on Saturday, October 10th. Fifteen research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $967.83.

Read Our Latest Stock Report on Caterpillar

Insider Transactions at Caterpillar

In other Caterpillar news, CEO Joseph E. Creed sold 32,401 shares of the firm’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of $808.98, for a total transaction of $26,211,760.98. Following the transaction, the chief executive officer directly owned 34,555 shares of the company’s stock, valued at approximately $27,954,303.90. This trade represents a 48.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.33% of the company’s stock.

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

Positive Sentiment: Analysts have been raising their earnings estimates, while Caterpillar’s history of positive earnings surprises and favorable Earnings ESP point to potential upside if the company exceeds expectations next week. Caterpillar Reports Next Week: Wall Street Expects Earnings Growth
Positive Sentiment: A recent hammer chart pattern suggests CAT may have found technical support following its decline. The article also highlights broad Wall Street agreement on higher earnings estimates, strengthening the case for a near-term recovery. Bears Are Losing Control Over Caterpillar
Positive Sentiment: Caterpillar is maintaining its dividend while benefiting from strong cash generation, a reported record $72 billion backlog and a higher 2026 sales-growth outlook. These factors support earnings visibility and the potential for future dividend increases. CAT Keeps Dividend Unchanged
Neutral Sentiment: Brokerages’ reported consensus price target of $967.83 implies substantial long-term upside, although target prices are estimates rather than guarantees. Caterpillar Consensus Target Price
Negative Sentiment: Some investors remain concerned about how far CAT could fall after its recent rally, and reported ETF net selling may add short-term technical pressure. How Big Could Caterpillar Stock’s Next Fall Be?

Caterpillar Stock Down 5.0%

Shares of NYSE CAT opened at $703.30 on Friday. The business has a 50-day moving average of $802.23 and a two-hundred day moving average of $856.84. The company has a market capitalization of $323.28 billion, a price-to-earnings ratio of 30.26, a price-to-earnings-growth ratio of 1.27 and a beta of 1.58. Caterpillar Inc. has a 1 year low of $513.01 and a 1 year high of $1,073.46. The company has a debt-to-equity ratio of 1.65, a current ratio of 1.37 and a quick ratio of 0.85.

Caterpillar (NYSE:CAT – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $8.17 EPS for the quarter, topping the consensus estimate of $6.22 by $1.95. The firm had revenue of $20.54 billion for the quarter, compared to analyst estimates of $19.34 billion. Caterpillar had a net margin of 14.51% and a return on equity of 55.53%. Caterpillar’s revenue for the quarter was up 23.7% compared to the same quarter last year. During the same period last year, the business earned $4.72 EPS. On average, analysts forecast that Caterpillar Inc. will post 27.74 earnings per share for the current fiscal year.

Caterpillar Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Monday, October 26th will be paid a dividend of $1.63 per share. The ex-dividend date is Monday, October 26th. This represents a $6.52 dividend on an annualized basis and a yield of 0.9%. Caterpillar’s dividend payout ratio is currently 28.06%.

About Caterpillar

(Free Report)

Caterpillar Inc is a manufacturer of construction, mining, and industrial equipment. Its product portfolio includes excavators, bulldozers, wheel loaders, motor graders, articulated trucks, and other machinery used in construction, infrastructure development, mining, quarrying, forestry, and related industries. The company also produces diesel and natural gas engines, industrial gas turbines, generator sets, and other power-generation and transportation equipment.

Caterpillar operates through businesses focused on construction industries, resource industries, and energy and transportation.