United Asset Strategies Inc. Purchases 676 Shares of Caterpillar Inc. $CAT

Posted by Brian Himes on Aug 14th, 2026

United Asset Strategies Inc. raised its position in shares of Caterpillar Inc. (NYSE:CAT – Free Report) by 29.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,971 shares of the industrial products company’s stock after purchasing an additional 676 shares during the period. United Asset Strategies Inc.’s holdings in Caterpillar were worth $3,164,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of CAT. HHM Wealth Advisors LLC increased its stake in shares of Caterpillar by 0.3% in the 2nd quarter. HHM Wealth Advisors LLC now owns 5,112 shares of the industrial products company’s stock valued at $5,444,000 after purchasing an additional 15 shares during the last quarter. Falcon Wealth Planning grew its position in Caterpillar by 5.8% in the second quarter. Falcon Wealth Planning now owns 989 shares of the industrial products company’s stock valued at $1,053,000 after acquiring an additional 54 shares during the last quarter. Sound Stewardship LLC acquired a new position in Caterpillar during the second quarter worth about $233,000. FCG Investment Co lifted its holdings in shares of Caterpillar by 167.4% in the second quarter. FCG Investment Co now owns 3,843 shares of the industrial products company’s stock worth $4,092,000 after acquiring an additional 2,406 shares during the last quarter. Finally, Planning Directions Inc. acquired a new stake in shares of Caterpillar in the 2nd quarter valued at approximately $503,000. Institutional investors and hedge funds own 70.98% of the company’s stock.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

Positive Sentiment: Caterpillar ended the second quarter with a record $72 billion backlog, signaling sustained demand for heavy equipment and supporting management’s upgraded 2026 sales outlook. Strength across construction, mining and energy-related businesses reinforces the company’s growth prospects. CAT Ends Q2 With Record Backlog: Is Demand Momentum Here to Stay?
Positive Sentiment: Recent coverage highlighted Caterpillar’s record quarterly sales of approximately $20.5 billion, stronger operating profit and improved margins. These results add to the bullish case following the company’s recent earnings beat and year-over-year revenue growth. Caterpillar Marks Record Quarter with $20.5B in Sales and Revenues
Positive Sentiment: Zacks included CAT among momentum stocks that could outperform in 2026, reflecting strong recent business performance and investor interest. Western Digital & 2 Momentum Stocks That Could Soar in 2026
Neutral Sentiment: Analyst coverage continues to assess whether Wall Street favors Caterpillar, while Erste Group issued a fiscal 2026 earnings forecast. These reports may influence expectations, but the provided articles do not specify a broad consensus change or price-target revision. Do Wall Street analysts like Caterpillar stock?
Negative Sentiment: Analysts noted that Caterpillar’s strong backlog, sales growth and raised outlook are already reflected in a premium valuation. That raises the risk of volatility if orders slow, margins disappoint or future results fail to exceed elevated expectations. The Zacks Analyst Blog Highlights Caterpillar, Komatsu, Terex and Astec Industries

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on CAT shares. Royal Bank Of Canada increased their price objective on shares of Caterpillar from $877.00 to $897.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 5th. Robert W. Baird set a $970.00 target price on Caterpillar in a research report on Wednesday, August 5th. Barclays upped their price objective on Caterpillar from $800.00 to $900.00 and gave the company an “equal weight” rating in a research note on Thursday, August 6th. Morgan Stanley set a $915.00 price target on shares of Caterpillar and gave the company an “equal weight” rating in a research note on Friday, May 1st. Finally, Wall Street Zen upgraded Caterpillar from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Thirteen analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $995.52.

Get Our Latest Stock Analysis on CAT

Caterpillar Stock Up 0.0%

Shares of NYSE:CAT opened at $855.97 on Friday. Caterpillar Inc. has a 12-month low of $405.46 and a 12-month high of $1,073.46. The company has a quick ratio of 0.85, a current ratio of 1.37 and a debt-to-equity ratio of 1.65. The stock has a market cap of $393.46 billion, a price-to-earnings ratio of 36.83, a PEG ratio of 1.53 and a beta of 1.60. The business’s 50 day moving average is $916.05 and its 200 day moving average is $826.31.

Caterpillar (NYSE:CAT – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $8.17 EPS 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 the consensus estimate of $19.34 billion. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%.Caterpillar’s revenue was up 23.7% on a year-over-year basis. During the same period last year, the business posted $4.72 earnings per share. On average, sell-side analysts forecast that Caterpillar Inc. will post 26.56 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. Investors of record on Monday, July 20th will be paid a $1.63 dividend. The ex-dividend date is Monday, July 20th. This represents a $6.52 dividend on an annualized basis and a yield of 0.8%. This is an increase from Caterpillar’s previous quarterly dividend of $1.51. Caterpillar’s dividend payout ratio (DPR) is presently 28.06%.

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.