Rathbones Group PLC Acquires 58,930 Shares of Caterpillar Inc. $CAT

Posted by Geri Gentry on Aug 3rd, 2026

Rathbones Group PLC raised its holdings in Caterpillar Inc. (NYSE:CAT – Free Report) by 34.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 231,639 shares of the industrial products company’s stock after buying an additional 58,930 shares during the quarter. Rathbones Group PLC’s holdings in Caterpillar were worth $164,107,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of CAT. Wealthquest Corp grew its position in shares of Caterpillar by 18.7% during the 1st quarter. Wealthquest Corp now owns 438 shares of the industrial products company’s stock worth $310,000 after buying an additional 69 shares during the period. Parallel Advisors LLC lifted its position in shares of Caterpillar by 6.5% during the 1st quarter. Parallel Advisors LLC now owns 13,090 shares of the industrial products company’s stock valued at $9,274,000 after acquiring an additional 798 shares during the period. Blue Edge Capital LLC grew its holdings in Caterpillar by 4.1% in the first quarter. Blue Edge Capital LLC now owns 13,657 shares of the industrial products company’s stock worth $9,675,000 after purchasing an additional 541 shares during the period. First Nebraska Trust Co bought a new stake in Caterpillar in the first quarter valued at $901,000. Finally, Flagship Wealth Advisors LLC boosted its position in shares of Caterpillar by 82.5% during the 1st quarter. Flagship Wealth Advisors LLC now owns 73 shares of the industrial products company’s stock worth $52,000 after purchasing an additional 33 shares in the last quarter. 70.98% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

CAT has been the topic of several recent research reports. Robert W. Baird reiterated a “neutral” rating and issued a $900.00 price target (down from $1,200.00) on shares of Caterpillar in a report on Wednesday. Argus upped their target price on Caterpillar from $820.00 to $990.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Caterpillar in a report on Friday, May 8th. Truist Financial lifted their price target on shares of Caterpillar from $1,043.00 to $1,218.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. Finally, DA Davidson boosted their price target on shares of Caterpillar from $650.00 to $845.00 and gave the company a “neutral” rating in a research note on Monday, May 4th. Thirteen equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. According to MarketBeat.com, Caterpillar currently has a consensus rating of “Moderate Buy” and an average price target of $966.29.

Read Our Latest Report on CAT

Caterpillar Stock Performance

Shares of Caterpillar stock opened at $815.73 on Monday. Caterpillar Inc. has a 52 week low of $405.46 and a 52 week high of $1,073.46. The company has a quick ratio of 0.81, a current ratio of 1.35 and a debt-to-equity ratio of 1.64. The business has a 50 day moving average price of $924.45 and a 200-day moving average price of $812.80. The company has a market cap of $375.72 billion, a PE ratio of 40.60, a price-to-earnings-growth ratio of 1.59 and a beta of 1.60.

Caterpillar (NYSE:CAT – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The industrial products company reported $5.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.65 by $0.89. The business had revenue of $17.41 billion during the quarter, compared to the consensus estimate of $16.53 billion. Caterpillar had a return on equity of 48.21% and a net margin of 13.33%.Caterpillar’s revenue was up 22.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $4.25 earnings per share. Equities analysts anticipate that Caterpillar Inc. will post 24.87 earnings per share for the current fiscal year.

Caterpillar Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Monday, July 20th will be issued a dividend of $1.63 per share. The ex-dividend date of this dividend is Monday, July 20th. This represents a $6.52 dividend on an annualized basis and a yield of 0.8%. This is a positive change from Caterpillar’s previous quarterly dividend of $1.51. Caterpillar’s payout ratio is presently 32.45%.

Key Headlines Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

Positive Sentiment: Analysts expect Caterpillar to report year-over-year growth in both earnings and revenue for the quarter ending June 2026. Results are scheduled for August 4 before the market opens, creating a potential catalyst for a rebound if the company exceeds expectations or raises its outlook. Caterpillar is Set to Report Q2 Earnings
Positive Sentiment: Some analysts and long-term investors view the recent selloff as an attractive entry point before earnings, citing Caterpillar’s industrial exposure and potential infrastructure and power-grid demand. Here’s Why Caterpillar Is a Buy Before Earnings
Positive Sentiment: Caterpillar plans to invest up to $10 million in Illinois operations to develop manufacturing talent and strengthen its future workforce. The move supports long-term production capacity and workforce development, although it is unlikely to materially affect near-term earnings. Caterpillar invests to develop manufacturing talent in Illinois
Neutral Sentiment: Pre-earnings estimates point to year-over-year improvement, but investors are also watching operating metrics such as order trends, margins, construction activity and management’s guidance for the rest of 2026. Unlocking Q2 Potential of Caterpillar
Negative Sentiment: Robert W. Baird downgraded Caterpillar from “outperform” to “neutral” and cut its price target to $900 from $1,200. The firm cited growing backlash and uncertainty surrounding data-center construction, which could weaken a major source of expected equipment demand. Baird Just Downgraded Caterpillar Stock
Negative Sentiment: The stock has declined for six consecutive weeks from its 2026 high, reflecting reduced confidence in growth expectations and heightened sensitivity to the upcoming earnings report. Caterpillar stock has slumped

Insider Transactions at Caterpillar

In other Caterpillar news, insider Denise C. Johnson sold 12,605 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $907.91, for a total value of $11,444,205.55. Following the completion of the sale, the insider directly owned 49,825 shares of the company’s stock, valued at approximately $45,236,615.75. This represents a 20.19% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Andrew R. J. Bonfield sold 15,674 shares of the stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $918.71, for a total transaction of $14,399,860.54. Following the completion of the sale, the chief financial officer owned 52,935 shares of the company’s stock, valued at approximately $48,631,913.85. This trade represents a 22.85% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 90,131 shares of company stock worth $82,660,580. 0.33% of the stock is owned by insiders.

Caterpillar Company Profile

(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.