Caterpillar Inc. $CAT Stock Acquired by Vantage Investment Partners LLC

Posted by Geri Gentry on Oct 29th, 2026

Vantage Investment Partners LLC lifted its position in Caterpillar Inc. (NYSE:CAT – Free Report) by 4.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 23,386 shares of the industrial products company’s stock after acquiring an additional 1,015 shares during the period. Caterpillar accounts for about 1.1% of Vantage Investment Partners LLC’s investment portfolio, making the stock its 27th largest holding. Vantage Investment Partners LLC’s holdings in Caterpillar were worth $18,961,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. purchased a new position in Caterpillar during the second quarter valued at $40,457,153,000. State Street Corp boosted its holdings in shares of Caterpillar by 4.0% during the 2nd quarter. State Street Corp now owns 36,276,960 shares of the industrial products company’s stock valued at $37,120,529,000 after buying an additional 1,396,356 shares in the last quarter. Bank of America Corp DE purchased a new stake in shares of Caterpillar in the 2nd quarter worth about $5,818,150,000. Bank of New York Mellon Corp purchased a new stake in shares of Caterpillar in the 2nd quarter worth about $3,192,710,000. Finally, Legal & General Group Plc bought a new position in shares of Caterpillar in the 2nd quarter worth about $2,783,451,000. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on CAT. Needham & Company LLC set a $980.00 price objective on shares of Caterpillar in a research note on Thursday, September 10th. Citigroup cut their price objective on shares of Caterpillar from $1,100.00 to $950.00 and set a “buy” rating on the stock in a report on Monday, October 12th. Freedom Broker raised shares of Caterpillar from a “hold” rating to a “buy” rating and set a $980.00 target price for the company in a research note on Thursday, September 10th. Weiss Ratings upgraded shares of Caterpillar from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, October 14th. Finally, Royal Bank Of Canada boosted their price target on Caterpillar from $877.00 to $897.00 and gave the stock a “sector perform” rating in a research report on Wednesday, August 5th. Fifteen equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $947.42.

Check Out Our Latest Research Report on Caterpillar

Caterpillar Price Performance

CAT opened at $715.07 on Thursday. 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 stock has a market capitalization of $328.70 billion, a P/E ratio of 30.77, a P/E/G ratio of 1.18 and a beta of 1.58. The company’s 50-day simple moving average is $790.42 and its two-hundred day simple moving average is $807.41. Caterpillar Inc. has a 52-week low of $537.08 and a 52-week high of $1,073.46.

Caterpillar (NYSE:CAT – Get Free Report) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $8.17 EPS for the quarter, topping analysts’ consensus estimates of $6.22 by $1.95. The business had revenue of $20.54 billion during the quarter, compared to the consensus estimate of $19.34 billion. Caterpillar had a net margin of 14.51% and a return on equity of 55.53%. The firm’s revenue was up 23.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.72 EPS. As a group, analysts predict that Caterpillar Inc. will post 27.74 EPS for the current year.

Caterpillar Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 19th. Stockholders of record on Monday, October 26th will be paid a $1.63 dividend. The ex-dividend date of this dividend is Monday, October 26th. This represents a $6.52 annualized dividend and a dividend yield of 0.9%. Caterpillar’s dividend payout ratio (DPR) is 28.06%.

Insider Activity at Caterpillar

In other Caterpillar news, CEO Joseph E. Creed sold 32,401 shares of the firm’s stock in a transaction that occurred 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 sale, the chief executive officer owned 34,555 shares in the company, valued at approximately $27,954,303.90. This trade represents a 48.39% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.33% of the stock is owned by company insiders.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

Positive Sentiment: Wall Street expects Caterpillar to report strong third-quarter sales and earnings growth, with revenue projected to exceed second-quarter sales. A beat, resilient margins, or an improved outlook could help reverse the recent pullback. Caterpillar Q3 2026 earnings preview: Revenue expected to top Q2 sales
Positive Sentiment: Investors are watching demand for Caterpillar’s power systems, including potential AI and data-center infrastructure demand. Strong orders or backlog commentary would reinforce the company’s long-term growth narrative. Caterpillar Earnings Are Yet Another Bet on AI
Positive Sentiment: One valuation analysis suggests CAT could be roughly 20% undervalued after its recent decline, based on expected future cash generation, its heavy-equipment and power businesses, and its substantial order pipeline. Caterpillar Stock May Be 20% Undervalued Following Backlog Questions
Neutral Sentiment: Analysts have recently adjusted their forecasts and price targets ahead of the earnings release, making the report and management’s guidance important catalysts for the stock. Caterpillar Gears Up For Q3 Print
Neutral Sentiment: Articles comparing Caterpillar with Eaton and Deere highlight its dealer network, free-cash-flow generation, and dividend profile, but also show investors weighing CAT against faster-growing electrical-infrastructure opportunities. Caterpillar vs. Eaton
Negative Sentiment: The recent selloff reflects concerns that Caterpillar’s valuation already discounts strong execution, while questions about backlog quality and future cash flows could limit upside if the earnings report disappoints. Caterpillar Dropped 10% in a Month
Negative Sentiment: Caterpillar’s legal challenge involving the United Kingdom’s post-Brexit tariffs introduces a potential trade-cost and regulatory overhang, although the immediate financial impact is unclear. Caterpillar mounts landmark legal test of UK’s post-Brexit tariffs

Caterpillar Profile

(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.