Bokf Na Lowers Position in Caterpillar Inc. $CAT

Bokf Na decreased its holdings in shares of Caterpillar Inc. (NYSE:CAT) by 5.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 35,416 shares of the industrial products company’s stock after selling 1,852 shares during the period. Bokf Na’s holdings in Caterpillar were worth $16,899,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Caterpillar during the 2nd quarter valued at about $2,165,899,000. Massachusetts Financial Services Co. MA increased its position in shares of Caterpillar by 1,851.8% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,830,414 shares of the industrial products company’s stock worth $873,382,000 after purchasing an additional 1,736,631 shares during the last quarter. Marshall Wace LLP raised its stake in Caterpillar by 425.2% in the second quarter. Marshall Wace LLP now owns 761,800 shares of the industrial products company’s stock valued at $295,738,000 after purchasing an additional 616,739 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Caterpillar by 20.7% during the third quarter. Bank of New York Mellon Corp now owns 3,553,930 shares of the industrial products company’s stock valued at $1,695,757,000 after purchasing an additional 609,023 shares during the last quarter. Finally, Voya Investment Management LLC lifted its position in Caterpillar by 36.9% during the third quarter. Voya Investment Management LLC now owns 1,777,589 shares of the industrial products company’s stock valued at $848,177,000 after purchasing an additional 478,972 shares during the last quarter. 70.98% of the stock is currently owned by institutional investors.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Citi raised its price objective to $785 (from $760) and reiterated a Buy, citing healthy demand signals from ConExpo and stronger U.S. construction activity. Citi Boosts Caterpillar (CAT) Price Objective, Sees Strong U.S. Construction Activity
• Positive Sentiment: Oppenheimer lifted its price target to $817 (from $729) and maintained an Outperform rating, further supporting a bullish analyst backdrop. Oppenheimer Raises PT on Caterpillar Inc. (CAT) to $817 From $729 – Here’s Why
• Positive Sentiment: Caterpillar signed a Global Framework Agreement with Atlas Energy Solutions to supply roughly 1.4 GW of power‑generation equipment (about $840M of manufacturing capacity) for 2027–2029, expanding Caterpillar’s energy business and multi‑year revenue visibility. Atlas Energy to buy $840 million in Caterpillar power assets
• Positive Sentiment: Short interest fell ~17% in February to ~8.3M shares (1.8% of float), which reduces immediate short‑selling pressure and can be a tailwind for the stock if buying resumes. Data note
• Neutral Sentiment: Analyst coverage remains constructive overall (average “Moderate Buy”), with several firms highlighting long‑term demand drivers even as opinions vary on timing. Caterpillar Inc. (NYSE:CAT) Receives Average Recommendation of “Moderate Buy” from Analysts
• Neutral Sentiment: Industry/management commentary on AI, data and industrial innovation offers longer‑term operational upside but is not an immediate earnings catalyst. Caterpillar’s Ogi Redzic On AI, Data And Industrial Innovation
• Negative Sentiment: Despite the positive headlines, the stock is down today and has shown recent short‑term weakness; Zacks flagged a larger intraday drop versus the broader market. Caterpillar (CAT) Suffers a Larger Drop Than the General Market: Key Insights
• Negative Sentiment: Valuation and “overvaluation” narratives plus commentary that strong cash flows don’t guarantee outsized returns are keeping some investors cautious after recent gains. Assessing Caterpillar’s Valuation After Recent Share Price Weakness And A Popular Overvaluation Narrative

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. DA Davidson increased their price target on shares of Caterpillar from $569.00 to $650.00 and gave the stock a “neutral” rating in a report on Monday, February 2nd. Morgan Stanley upped their target price on shares of Caterpillar from $400.00 to $425.00 and gave the stock an “underweight” rating in a research report on Tuesday, February 3rd. Williams Trading set a $825.00 target price on Caterpillar in a research note on Tuesday. Barclays lifted their price target on Caterpillar from $610.00 to $625.00 and gave the stock an “equal weight” rating in a research note on Friday, January 30th. Finally, Daiwa Securities Group upped their price objective on Caterpillar from $640.00 to $790.00 in a report on Wednesday, February 25th. Sixteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Caterpillar has an average rating of “Moderate Buy” and a consensus target price of $730.50.

Caterpillar Price Performance

CAT opened at $707.76 on Thursday. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 0.94. The stock’s 50 day simple moving average is $689.45 and its 200 day simple moving average is $581.29. The firm has a market cap of $329.31 billion, a price-to-earnings ratio of 37.61, a PEG ratio of 1.69 and a beta of 1.54. Caterpillar Inc. has a 1 year low of $267.30 and a 1 year high of $789.81.

Caterpillar (NYSE:CAT) last announced its quarterly earnings data on Thursday, January 29th. The industrial products company reported $5.16 earnings per share for the quarter, beating the consensus estimate of $4.67 by $0.49. The firm had revenue of $19.13 billion during the quarter, compared to the consensus estimate of $17.81 billion. Caterpillar had a return on equity of 45.76% and a net margin of 13.14%.The business’s revenue was up 17.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $5.14 earnings per share. As a group, analysts predict that Caterpillar Inc. will post 19.86 earnings per share for the current year.

Insider Buying and Selling

In other Caterpillar news, CFO Andrew R. J. Bonfield sold 10,000 shares of the business’s stock in a transaction dated Wednesday, December 31st. The shares were sold at an average price of $575.06, for a total value of $5,750,600.00. Following the transaction, the chief financial officer owned 45,460 shares in the company, 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 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 transaction, the insider directly owned 79,953 shares of the company’s stock, valued at approximately $57,574,954.83. This trade represents a 22.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 135,950 shares of company stock valued at $94,327,990 over the last quarter. 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.