King Luther Capital Management Corp Sells 3,078 Shares of Caterpillar Inc. $CAT

King Luther Capital Management Corp reduced its position in Caterpillar Inc. (NYSE:CAT) by 14.3% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 18,506 shares of the industrial products company’s stock after selling 3,078 shares during the period. King Luther Capital Management Corp’s holdings in Caterpillar were worth $8,830,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in CAT. CFO4Life Group LLC boosted its holdings in Caterpillar by 4.3% in the third quarter. CFO4Life Group LLC now owns 611 shares of the industrial products company’s stock valued at $292,000 after acquiring an additional 25 shares during the last quarter. Synovus Financial Corp lifted its position in Caterpillar by 9.2% during the 3rd quarter. Synovus Financial Corp now owns 45,606 shares of the industrial products company’s stock valued at $21,769,000 after purchasing an additional 3,826 shares during the period. NewEdge Wealth LLC boosted its stake in shares of Caterpillar by 4.8% in the 3rd quarter. NewEdge Wealth LLC now owns 5,848 shares of the industrial products company’s stock valued at $2,790,000 after purchasing an additional 266 shares during the last quarter. Fiscal Wisdom Wealth Management LLC bought a new stake in shares of Caterpillar during the third quarter worth approximately $361,000. Finally, Redmont Wealth Advisors LLC acquired a new position in Caterpillar in the third quarter valued at approximately $62,000. Institutional investors and hedge funds own 70.98% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on CAT shares. Truist Financial upped their target price on shares of Caterpillar from $729.00 to $786.00 and gave the company a “buy” rating in a research report on Monday, February 2nd. DA Davidson increased their target price on Caterpillar from $569.00 to $650.00 and gave the company a “neutral” rating in a research note on Monday, February 2nd. Barclays increased their price target on shares of Caterpillar from $610.00 to $625.00 and gave the company an “equal weight” rating in a research report on Friday, January 30th. Morgan Stanley boosted their price objective on shares of Caterpillar from $400.00 to $425.00 and gave the company an “underweight” rating in a report on Tuesday, February 3rd. Finally, Wolfe Research increased their target price on shares of Caterpillar from $470.00 to $670.00 and gave the stock an “outperform” rating in a report on Friday, January 2nd. Sixteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Caterpillar has a consensus rating of “Moderate Buy” and an average price target of $702.95.

Caterpillar Trading Up 1.1%

Shares of NYSE:CAT opened at $760.08 on Friday. The firm has a market cap of $353.66 billion, a price-to-earnings ratio of 40.39, a PEG ratio of 1.78 and a beta of 1.58. Caterpillar Inc. has a 12 month low of $267.30 and a 12 month high of $789.81. The company’s fifty day simple moving average is $646.52 and its 200 day simple moving average is $549.61. The company has a quick ratio of 0.94, a current ratio of 1.44 and a debt-to-equity ratio of 1.44.

Caterpillar (NYSE:CAT) last released its earnings results on Thursday, January 29th. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.67 by $0.49. The firm had revenue of $19.13 billion during the quarter, compared to analysts’ expectations of $17.81 billion. Caterpillar had a return on equity of 45.76% and a net margin of 13.14%.The company’s revenue was up 17.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $5.14 EPS. As a group, research analysts forecast that Caterpillar Inc. will post 19.86 EPS for the current fiscal year.

Caterpillar Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 19th. Stockholders of record on Tuesday, January 20th were given a $1.51 dividend. This represents a $6.04 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, January 20th. Caterpillar’s payout ratio is currently 32.09%.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar completed deals and investments that expand its mining‑tech and electrification footprint — seen as revenue‑diversifying, higher‑margin growth drivers. Caterpillar acquires RPMGlobal to bolster mining tech solutions
• Positive Sentiment: Caterpillar VC backed ElevenEs’ Series B and the planned 1GWh LFP battery factory in Subotica — moves that accelerate CAT’s exposure to electrification and data‑center/industrial power markets. ElevenEs Held 1st Closing of Its Series B Investment Round Backed by Caterpillar Venture Capital Inc.
• Positive Sentiment: Coverage (Financial Times reporting) indicates a major battery‑factory investment in Subotica — another signal Caterpillar is committing capital to batteries and electrified power systems. Financial Times Exclusive: Caterpillar Invests in Mega Battery Factory in Subotica
• Positive Sentiment: Stock leadership in the Dow year‑to‑date highlights investor appetite for CAT’s cyclical recovery plus structural exposure (data centers, AI infrastructure, electrification). Caterpillar, Honeywell, and Chevron Lead the Dow Jones in 2026
• Neutral Sentiment: Management presented at Barclays’ industrial conference — useful for incremental guidance or detail on demand/margins but not an immediate earnings surprise. Review the transcript for color. Caterpillar Inc. (CAT) Presents at Barclays 43rd Annual Industrial Select Conference Transcript
• Neutral Sentiment: CEO Joe Creed and Group President Rod Shurman will speak at CONEXPO (March 5) — an investor/industry visibility event that could provide incremental management commentary. Caterpillar CEO Joe Creed and Group President Rod Shurman to Participate in Fireside Chat at CONEXPO
• Negative Sentiment: Valuation concerns: recent commentary flags that CAT’s expansion into mining tech and batteries is positive but may be largely priced in — investors worry about a richly valued multiple versus near‑term execution risk. Caterpillar’s Mining Tech And Battery Moves Confront Rich Valuation Concerns
• Negative Sentiment: Multiple insiders have trimmed holdings in recent filings (including CAO William Schaupp and Group President Rod Shurman), which can create short‑term selling pressure or signal opportunistic monetization. SEC Filing – William E. Schaupp Sale
• Negative Sentiment: Analyst note risk: at least one research house lowered near‑term Q2 EPS estimates, a reminder that beat‑and‑raise expectations must be sustained to justify current multiples. Q2 EPS Estimates Lowered by Zacks Research

Insider Buying and Selling at Caterpillar

In related news, CFO Andrew R. J. Bonfield sold 10,000 shares of Caterpillar stock in a transaction dated Wednesday, December 31st. The stock was sold at an average price of $575.06, for a total value of $5,750,600.00. Following the sale, the chief financial officer owned 45,460 shares of the company’s stock, valued at approximately $26,142,227.60. The trade was a 18.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Denise C. Johnson sold 39,138 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $681.08, for a total value of $26,656,109.04. Following the transaction, the insider directly owned 43,350 shares of the company’s stock, valued at $29,524,818. This trade represents a 47.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 141,172 shares of company stock valued at $96,514,673 in the last three months. 0.33% of the stock is currently owned by insiders.

Caterpillar 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.