Wealth Enhancement Advisory Services LLC Raises Holdings in Caterpillar Inc. $CAT

Wealth Enhancement Advisory Services LLC increased its position in shares of Caterpillar Inc. (NYSE:CAT) by 2.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 158,970 shares of the industrial products company’s stock after acquiring an additional 4,159 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Caterpillar were worth $77,372,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Fisher Asset Management LLC lifted its stake in Caterpillar by 2.3% during the second quarter. Fisher Asset Management LLC now owns 9,418,321 shares of the industrial products company’s stock worth $3,656,286,000 after purchasing an additional 208,196 shares during the last quarter. Valeo Financial Advisors LLC boosted its stake in shares of Caterpillar by 36,842.1% during the 2nd quarter. Valeo Financial Advisors LLC now owns 7,299,751 shares of the industrial products company’s stock worth $2,833,836,000 after acquiring an additional 7,279,991 shares in the last quarter. Norges Bank acquired a new position in Caterpillar during the second quarter worth about $2,165,899,000. Charles Schwab Investment Management Inc. increased its position in Caterpillar by 1.0% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 3,337,915 shares of the industrial products company’s stock worth $1,295,432,000 after purchasing an additional 33,467 shares in the last quarter. Finally, Invesco Ltd. grew its position in shares of Caterpillar by 4.5% in the second quarter. Invesco Ltd. now owns 3,282,720 shares of the industrial products company’s stock valued at $1,274,385,000 after purchasing an additional 140,784 shares during the period. 70.98% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on CAT shares. Raymond James Financial reiterated a “market perform” rating on shares of Caterpillar in a research note on Wednesday, January 7th. Robert W. Baird increased their target price on shares of Caterpillar from $612.00 to $680.00 and gave the company an “outperform” rating in a research report on Thursday, October 30th. Barclays lifted their price target on shares of Caterpillar from $485.00 to $555.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 30th. Bank of America increased their price objective on Caterpillar from $650.00 to $708.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Finally, Wolfe Research increased their price objective on Caterpillar from $470.00 to $670.00 and gave the stock an “outperform” rating in a report on Friday, January 2nd. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $625.85.

Caterpillar Trading Down 1.4%

Shares of NYSE:CAT traded down $9.33 during mid-day trading on Tuesday, reaching $637.56. The stock had a trading volume of 287,413 shares, compared to its average volume of 2,227,787. The company has a current ratio of 1.38, a quick ratio of 0.86 and a debt-to-equity ratio of 1.34. The firm has a market cap of $298.36 billion, a PE ratio of 32.74, a price-to-earnings-growth ratio of 2.50 and a beta of 1.57. The firm has a 50 day simple moving average of $588.42 and a two-hundred day simple moving average of $505.37. Caterpillar Inc. has a twelve month low of $267.30 and a twelve month high of $655.68.

Caterpillar (NYSE:CAT) last issued its quarterly earnings data on Monday, November 3rd. The industrial products company reported $4.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.52 by $0.43. The company had revenue of $17.64 billion during the quarter, compared to the consensus estimate of $16.72 billion. Caterpillar had a net margin of 14.34% and a return on equity of 47.16%. The firm’s revenue was up 9.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $5.17 earnings per share. On average, research analysts predict that Caterpillar Inc. will post 19.86 EPS for the current fiscal year.

Caterpillar Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 19th. Shareholders of record on Tuesday, January 20th will be paid a $1.51 dividend. The ex-dividend date is Tuesday, January 20th. This represents a $6.04 dividend on an annualized basis and a yield of 0.9%. Caterpillar’s dividend payout ratio (DPR) is currently 31.01%.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Oppenheimer raised its price target on CAT to $700 from $645 and maintained an “outperform” rating — a notable, near-term bullish catalyst that signals analyst confidence and implies material upside from recent levels. Oppenheimer adjusts price target on Caterpillar to $700 from $645, maintains outperform rating
• Positive Sentiment: Caterpillar unveiled “Cat AI Assistant” — a product push into AI-enabled services that could lift aftermarket, software and service-margin growth over time if adopted by dealers and fleet customers. Caterpillar reveals Cat AI Assistant
• Positive Sentiment: Analysts and commentators note Caterpillar could benefit from 2026 data-center buildouts (higher on-site power demand for hyperscalers), supporting sales for Caterpillar’s power systems and rental businesses. This is a structural growth angle tied to AI-driven capex. How Caterpillar stock stands to benefit from data center buildout in 2026
• Positive Sentiment: Brokerage consensus remains constructive (average recommendation “Moderate Buy”), reinforcing the upgrade momentum and providing support for institutional demand. Caterpillar Inc. (NYSE:CAT) Given Average Recommendation of “Moderate Buy” by Brokerages
• Neutral Sentiment: Comparisons to Volvo highlight mixed sector dynamics — slowing demand and tariff pressures are offset by long-term infrastructure investments and tech/capacity investments; this frames both risk and opportunity. Caterpillar vs. Volvo: Which Heavy Equipment Stock is the Better Buy?
• Neutral Sentiment: Broader dividend-portfolio pieces mention dividend strategies for 2026; these are background for income investors but not an immediate catalyst specific to CAT. Should You Buy Dividend Aristocrats in 2026?
• Negative Sentiment: Questions about returning to production of new on-highway engines raise strategic/product uncertainty (possible lost revenue or slower re-entry costs) that could weigh on longer-term top-line visibility if not resolved. Will Caterpillar ever return to production of new on-highway engines?

Insider Buying and Selling at Caterpillar

In other news, Director David Maclennan bought 300 shares of the stock in a transaction dated Thursday, November 6th. The shares were bought at an average price of $568.86 per share, for a total transaction of $170,658.00. Following the completion of the purchase, the director owned 7,947 shares in the company, valued at approximately $4,520,730.42. This trade represents a 3.92% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Lange Bob De sold 14,638 shares of the business’s stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of $562.36, for a total value of $8,231,825.68. Following the completion of the sale, the insider owned 80,209 shares of the company’s stock, valued at approximately $45,106,333.24. This trade represents a 15.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 54,729 shares of company stock worth $31,084,308. 0.33% of the stock is currently owned by corporate insiders.

Caterpillar Company Profile

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.