Kingsview Wealth Management LLC Takes $18.90 Million Position in Caterpillar Inc. $CAT

Kingsview Wealth Management LLC acquired a new position in shares of Caterpillar Inc. (NYSE:CAT) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 17,751 shares of the industrial products company’s stock, valued at approximately $18,903,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Henson Edgewater Management LLC acquired a new stake in shares of Caterpillar during the 2nd quarter valued at approximately $1,162,000. Beacon Pointe Advisors LLC purchased a new position in Caterpillar in the 2nd quarter valued at approximately $96,552,000. Kimelman & Baird LLC purchased a new stake in Caterpillar during the second quarter worth $132,000. Pin Oak Investment Advisors Inc. purchased a new position in shares of Caterpillar in the second quarter valued at $355,000. Finally, 49 Wealth Management LLC acquired a new position in shares of Caterpillar during the 2nd quarter worth $1,646,000. 70.98% of the stock is owned by hedge funds and other institutional investors.

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar’s power-generation backlog reportedly reached $72 billion, reinforcing the view that demand from data centers and AI-related infrastructure could make the company less dependent on the traditional construction cycle. Caterpillar’s Power Generation Backlog Just Hit $72 Billion
• Positive Sentiment: Recent coverage points to Caterpillar’s record backlog, strong earnings and raised 2026 outlook as key reasons for its roughly 95% one-year gain. The company’s latest reported quarter also exceeded EPS and revenue expectations, supporting investor confidence in its operating momentum. Caterpillar Gains 95% in a Year: Time to Buy, Sell or Hold the Stock?
• Positive Sentiment: Chief Digital Officer Ogi Redzic described how AI is changing construction work, highlighting Caterpillar’s efforts to use digital tools and automation to improve equipment productivity and customer operations. This could strengthen the company’s longer-term technology and services opportunity. Caterpillar’s Digital Chief Ogi Redzic on How A.I. Is Redefining Construction Work
• Neutral Sentiment: Industry coverage continues to identify Caterpillar as a leading construction-equipment company, supported by its global dealer network and cash-generation capabilities. However, the equipment showcase itself does not provide a new financial catalyst. Caterpillar vs. Corning: Which Stock Is a Better Buy in 2026?
• Negative Sentiment: At approximately 34 times earnings, Caterpillar trades at a demanding valuation after its major rally. Analysts note that the premium leaves the stock vulnerable to profit-taking or disappointment if backlog conversion, margins or the 2026 outlook weaken. Caterpillar Gains 95% in a Year: Time to Buy, Sell or Hold the Stock?

Analyst Ratings Changes

A number of equities research analysts recently commented on CAT shares. Weiss Ratings raised shares of Caterpillar from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, August 19th. Oppenheimer reaffirmed an “outperform” rating and issued a $1,118.00 price target on shares of Caterpillar in a report on Tuesday, August 4th. Citigroup raised their price objective on shares of Caterpillar from $1,020.00 to $1,100.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Truist Financial set a $980.00 target price on Caterpillar in a research note on Wednesday, August 5th. Finally, JPMorgan Chase & Co. increased their target price on Caterpillar from $1,125.00 to $1,165.00 and gave the company an “overweight” rating in a report on Wednesday, June 17th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat, Caterpillar presently has an average rating of “Moderate Buy” and an average target price of $995.52.

Insider Buying and Selling

In other Caterpillar news, CEO Joseph E. Creed sold 32,401 shares of the 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 transaction, the chief executive officer owned 34,555 shares of the company’s stock, valued at $27,954,303.90. This trade represents a 48.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.33% of the company’s stock.

Caterpillar Stock Performance

Shares of CAT opened at $821.25 on Wednesday. Caterpillar Inc. has a 1 year low of $416.44 and a 1 year high of $1,073.46. The company’s 50 day simple moving average is $863.27 and its 200 day simple moving average is $839.74. 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 company has a market capitalization of $377.50 billion, a price-to-earnings ratio of 35.34, a PEG ratio of 1.41 and a beta of 1.60.

Caterpillar (NYSE:CAT) last released its earnings results on Tuesday, August 4th. The industrial products company reported $8.17 EPS for the quarter, beating the consensus estimate of $6.22 by $1.95. The firm had revenue of $20.54 billion during the quarter, compared to analyst estimates of $19.34 billion. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%.The business’s quarterly revenue was up 23.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.72 earnings per share. On average, sell-side analysts predict that Caterpillar Inc. will post 27.34 EPS for the current year.

About Caterpillar

Caterpillar Inc is a global manufacturer of construction, mining, and industrial equipment. The company’s products include excavators, dozers, wheel loaders, motor graders, articulated trucks, and off-highway trucks, as well as related attachments and work tools. Caterpillar also supplies replacement parts, equipment services, technology solutions, and rental support through its dealer network.

The company serves customers in construction, mining, quarrying, energy, transportation, forestry, agriculture, and government-related industries.