Caterpillar (NYSE:CAT) Director David Maclennan Purchases 350 Shares of Company Stock

Posted by George Bondi on Nov 13th, 2026

Caterpillar Inc. (NYSE:CAT – Get Free Report) Director David Maclennan acquired 350 shares of Caterpillar stock in a transaction on Thursday, November 12th. The shares were bought at an average price of $596.10 per share, for a total transaction of $208,635.00. Following the purchase, the director owned 8,773 shares of the company’s stock, valued at $5,229,585.30. This represents a 4.16% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Caterpillar Stock Down 0.9%

Shares of NYSE CAT traded down $5.48 on Friday, hitting $599.80. The company had a trading volume of 2,284,113 shares, compared to its average volume of 2,917,331. The company has a quick ratio of 0.88, a current ratio of 1.42 and a debt-to-equity ratio of 1.50. Caterpillar Inc. has a 12-month low of $537.08 and a 12-month high of $1,073.46. The firm has a market capitalization of $274.46 billion, a P/E ratio of 23.53, a PEG ratio of 1.04 and a beta of 1.65. The business has a 50 day moving average of $744.62 and a two-hundred day moving average of $805.40.

Caterpillar (NYSE:CAT – Get Free Report) last announced its earnings results on Thursday, October 29th. The industrial products company reported $7.20 EPS for the quarter, beating the consensus estimate of $7.06 by $0.14. The business had revenue of $20.68 billion for the quarter, compared to the consensus estimate of $20.76 billion. Caterpillar had a return on equity of 59.87% and a net margin of 15.21%. The company’s revenue was up 17.3% on a year-over-year basis. During the same period last year, the business posted $4.95 EPS. As a group, equities research analysts forecast that Caterpillar Inc. will post 27.38 earnings per share for the current fiscal year.

Caterpillar Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 19th. Shareholders of record on Monday, October 26th will be given a $1.63 dividend. The ex-dividend date of this dividend is Monday, October 26th. This represents a $6.52 annualized dividend and a yield of 1.1%. Caterpillar’s dividend payout ratio (DPR) is 25.58%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on CAT. Erste Group Bank cut shares of Caterpillar from a “buy” rating to a “hold” rating in a research report on Monday, July 27th. Oppenheimer reaffirmed an “outperform” rating and set a $1,009.00 price target on shares of Caterpillar in a report on Thursday, October 29th. Citigroup dropped their price target on shares of Caterpillar from $950.00 to $800.00 and set a “buy” rating on the stock in a research note on Friday, October 30th. Weiss Ratings lowered shares of Caterpillar from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, October 29th. Finally, Wall Street Zen cut shares of Caterpillar from a “buy” rating to a “hold” rating in a research report on Saturday, October 31st. Fifteen analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat.com, Caterpillar presently has an average rating of “Moderate Buy” and a consensus target price of $898.25.

Check Out Our Latest Stock Report on CAT

Caterpillar News Roundup

Here’s some of the latest news about CAT:

Positive Sentiment: Caterpillar ended the third quarter with a record $78 billion backlog, nearly double the year-earlier level. Strong orders across construction, mining and power generation offer revenue visibility, while capacity expansion and automation investments could help support growth. CAT’s Record $78B Backlog Signals Strength
Positive Sentiment: Investor Kevin Simpson reportedly bought more CAT shares, a favorable sentiment signal, though the article does not provide the rationale or size of the purchase. Trade tracker: Kevin Simpson buys more Caterpillar
Neutral Sentiment: A Trefis article examines how much downside may remain, but the provided summary gives no forecast or specific price target. How Much Downside Is Left In Caterpillar Stock?

Hedge Funds Weigh In On Caterpillar

Institutional investors have recently made changes to their positions in the business. New World Advisors LLC grew its position in shares of Caterpillar by 22.1% during the third quarter. New World Advisors LLC now owns 924 shares of the industrial products company’s stock worth $749,000 after buying an additional 167 shares in the last quarter. State Board of Administration of Florida Retirement System raised its holdings in Caterpillar by 7.3% in the third quarter. State Board of Administration of Florida Retirement System now owns 418,966 shares of the industrial products company’s stock valued at $339,693,000 after acquiring an additional 28,509 shares in the last quarter. Dock Street Asset Management Inc. raised its holdings in Caterpillar by 336.4% in the third quarter. Dock Street Asset Management Inc. now owns 4,718 shares of the industrial products company’s stock valued at $3,825,000 after acquiring an additional 3,637 shares in the last quarter. Sonoma Allocations LLC boosted its stake in Caterpillar by 2.0% during the 3rd quarter. Sonoma Allocations LLC now owns 1,167 shares of the industrial products company’s stock valued at $988,000 after acquiring an additional 23 shares during the last quarter. Finally, Mosaic Family Wealth Partners LLC boosted its stake in Caterpillar by 7.7% during the 3rd quarter. Mosaic Family Wealth Partners LLC now owns 1,423 shares of the industrial products company’s stock valued at $1,154,000 after acquiring an additional 102 shares during the last quarter. 70.98% of the stock is owned by institutional investors and hedge funds.

About Caterpillar

(Get Free Report)

Caterpillar Inc. is a global manufacturer of construction and mining equipment, engines, turbines, and related products and services. Its offerings include earthmoving and material-handling machines, diesel and natural gas engines, power-generation systems, and equipment and technologies used in mining and transportation. The company’s products are commonly sold under the Cat brand. Caterpillar serves customers in markets around the world through a network of independent dealers. Its businesses also provide parts, maintenance, equipment rental, and other support services, as well as financing and insurance through its financial services operations.