Meridian Wealth Advisors LLC Raises Stock Position in Caterpillar Inc. $CAT

Meridian Wealth Advisors LLC lifted its holdings in shares of Caterpillar Inc. (NYSE:CAT) by 125.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,398 shares of the industrial products company’s stock after purchasing an additional 1,335 shares during the quarter. Meridian Wealth Advisors LLC’s holdings in Caterpillar were worth $1,144,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in the business. United Bank boosted its position in Caterpillar by 11.1% in the 3rd quarter. United Bank now owns 4,537 shares of the industrial products company’s stock valued at $2,165,000 after buying an additional 454 shares during the period. Nicholas Hoffman & Company LLC. raised its stake in shares of Caterpillar by 1.4% in the third quarter. Nicholas Hoffman & Company LLC. now owns 13,537 shares of the industrial products company’s stock valued at $6,459,000 after acquiring an additional 188 shares in the last quarter. Trivium Point Advisory LLC boosted its holdings in Caterpillar by 59.9% in the third quarter. Trivium Point Advisory LLC now owns 3,080 shares of the industrial products company’s stock valued at $1,470,000 after purchasing an additional 1,154 shares during the period. American Century Companies Inc. grew its stake in Caterpillar by 1.0% during the 3rd quarter. American Century Companies Inc. now owns 734,890 shares of the industrial products company’s stock worth $350,653,000 after purchasing an additional 6,978 shares in the last quarter. Finally, Brand Asset Management Group Inc. purchased a new stake in Caterpillar during the 3rd quarter worth about $207,000. 70.98% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently commented on CAT. Royal Bank Of Canada boosted their price objective on Caterpillar from $587.00 to $658.00 and gave the stock a “sector perform” rating in a research report on Friday, January 30th. Robert W. Baird set a $805.00 price target on shares of Caterpillar in a report on Friday, January 30th. Argus increased their price objective on shares of Caterpillar from $625.00 to $820.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. JPMorgan Chase & Co. lifted their price objective on shares of Caterpillar from $740.00 to $765.00 and gave the stock an “overweight” rating in a research report on Friday, January 30th. Finally, Citigroup increased their target price on Caterpillar from $710.00 to $760.00 and gave the company a “buy” rating in a report on Monday, February 2nd. Sixteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $712.52.

Caterpillar Stock Down 1.4%

CAT opened at $742.53 on Friday. The stock has a market capitalization of $345.49 billion, a P/E ratio of 39.45, a price-to-earnings-growth ratio of 1.76 and a beta of 1.58. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.94 and a current ratio of 1.44. Caterpillar Inc. has a one year low of $267.30 and a one year high of $789.81. The business’s 50-day simple moving average is $667.81 and its 200-day simple moving average is $564.61.

Caterpillar (NYSE:CAT) last released its quarterly 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. Caterpillar had a return on equity of 45.76% and a net margin of 13.14%.The firm had revenue of $19.13 billion for the quarter, compared to the consensus estimate of $17.81 billion. During the same quarter last year, the business posted $5.14 EPS. The firm’s quarterly revenue was up 17.9% compared to the same quarter last year. Analysts anticipate that Caterpillar Inc. will post 19.86 EPS for the current year.

Caterpillar Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 19th. Stockholders of record on Tuesday, January 20th were issued 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 presently 32.09%.

Key Headlines Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Wells Fargo raised its price target to $870, citing continued momentum and demand drivers that support higher valuations for CAT. Wells Fargo Raises Caterpillar (NYSE:CAT) Price Target to $870.00
• Positive Sentiment: Daiwa Securities also lifted its price target to $790, adding to analyst bullishness and reinforcing upside expectations from peers. Daiwa Securities Group Raises Caterpillar (NYSE:CAT) Price Target to $790.00
• Positive Sentiment: Market commentary highlights CAT as a beneficiary of AI-related capex (data center construction) and sustained infrastructure/mining demand — a thematic tailwind supporting long-term revenue and equipment replacement cycles. Does Caterpillar’s AI Power Deal And Record Results Redefine The Bull Case For CAT?
• Positive Sentiment: High-profile investors/commentators (Jim Cramer) and strategists are publicly backing CAT as a “hard asset” play tied to construction and AI-related buildout, bolstering retail/institutional interest. Jim Cramer on Caterpillar: “We Like Their Stuff”
• Neutral Sentiment: Research reports forecast solid market expansion in mining trucks, rock drilling and tunneling equipment through 2030, identifying CAT as a key market leader — supportive for long-term demand but not an immediate catalyst. Mining Truck Industry Report 2026-2035
• Neutral Sentiment: Corporate activity: CAT hosted its Global Technician Finals and is rolling out a redesigned rental management experience; these operational initiatives improve service/aftermarket positioning but are incremental. Caterpillar hosts its Global Technician Finals in Peoria
• Neutral Sentiment: Caterpillar and BST invested in ElevenEs (electrification/technology), a strategic move toward EV/efficiency solutions that supports medium-term product mix shifts. Caterpillar and BST invest in ElevenEs
• Negative Sentiment: Today’s share weakness is partly tied to broader market pressure: the Dow fell with losses in Nvidia and Caterpillar cited among decliners, which knocked CAT lower. Dow’s 131-point fall led by losses in NVIDIA Corp., Caterpillar shares
• Negative Sentiment: Short interest rose sharply in February (≈61% month-over-month growth to ~10M shares), indicating increased bearish positioning that can amplify near-term downside volatility.

Insider Transactions at Caterpillar

In other Caterpillar news, insider Anthony D. Fassino sold 7,891 shares of the firm’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $776.90, for a total transaction of $6,130,517.90. Following the transaction, the insider directly owned 46,643 shares of the company’s stock, valued at approximately $36,236,946.70. This trade represents a 14.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Lange Bob De sold 22,656 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $720.11, for a total transaction of $16,314,812.16. Following the completion of the sale, the insider directly owned 79,953 shares of the company’s stock, valued at $57,574,954.83. The trade was a 22.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 143,450 shares of company stock worth $98,245,065 over the last 90 days. Company insiders own 0.33% of the company’s stock.

About Caterpillar

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.