Caterpillar Inc. $CAT Stock: Park Avenue Securities LLC Grows Holdings

Park Avenue Securities LLC increased its position in Caterpillar Inc. (NYSE:CAT) by 4.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 34,249 shares of the industrial products company’s stock after buying an additional 1,608 shares during the period. Park Avenue Securities LLC’s holdings in Caterpillar were worth $27,769,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Verdence Capital Advisors LLC lifted its stake in Caterpillar by 1.4% in the third quarter. Verdence Capital Advisors LLC now owns 6,927 shares of the industrial products company’s stock valued at $5,616,000 after acquiring an additional 94 shares during the last quarter. Flagship Harbor Advisors LLC increased its stake in shares of Caterpillar by 13.3% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 5,038 shares of the industrial products company’s stock worth $4,085,000 after purchasing an additional 590 shares during the last quarter. Plimoth Trust Co. LLC increased its stake in shares of Caterpillar by 2.4% during the 3rd quarter. Plimoth Trust Co. LLC now owns 10,770 shares of the industrial products company’s stock worth $8,732,000 after purchasing an additional 248 shares during the last quarter. Noesis Capital Mangement Corp raised its holdings in shares of Caterpillar by 4.0% during the 3rd quarter. Noesis Capital Mangement Corp now owns 41,786 shares of the industrial products company’s stock valued at $33,880,000 after purchasing an additional 1,613 shares in the last quarter. Finally, Westover Capital Advisors LLC raised its holdings in shares of Caterpillar by 70.1% during the 3rd quarter. Westover Capital Advisors LLC now owns 7,953 shares of the industrial products company’s stock valued at $6,448,000 after purchasing an additional 3,277 shares in the last quarter. Institutional investors own 70.98% of the company’s stock.

Caterpillar Price Performance

Shares of CAT stock opened at $691.39 on Tuesday. Caterpillar Inc. has a 12 month low of $521.43 and a 12 month high of $1,073.46. The company has a market capitalization of $317.81 billion, a P/E ratio of 29.75, a P/E/G ratio of 1.18 and a beta of 1.58. The stock has a 50 day moving average of $799.69 and a two-hundred day moving average of $805.95. The company has a current ratio of 1.37, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65.

Caterpillar (NYSE:CAT) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.22 by $1.95. The company had revenue of $20.54 billion during the quarter, compared to analysts’ expectations of $19.34 billion. Caterpillar had a net margin of 14.51% and a return on equity of 55.53%. The business’s revenue was up 23.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.72 EPS. As a group, equities analysts expect that Caterpillar Inc. will post 27.74 EPS for the current year.

Caterpillar Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Monday, October 26th will be given a $1.63 dividend. This represents a $6.52 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Monday, October 26th. Caterpillar’s dividend payout ratio is 28.06%.

Analyst Ratings Changes

CAT has been the subject of several analyst reports. Wells Fargo & Company reduced their price objective on shares of Caterpillar from $1,155.00 to $840.00 and set an “overweight” rating for the company in a research note on Monday. Freedom Broker raised shares of Caterpillar from a “hold” rating to a “buy” rating and set a $980.00 target price on the stock in a research report on Thursday, September 10th. Oppenheimer cut their target price on Caterpillar from $1,118.00 to $1,009.00 and set an “outperform” rating on the stock in a report on Wednesday, October 14th. Barclays boosted their price target on Caterpillar from $800.00 to $900.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 6th. Finally, Wall Street Zen upgraded Caterpillar from a “hold” rating to a “buy” rating in a research note on Saturday, October 10th. Fifteen analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $947.42.

Key Headlines Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: AI-driven power demand strengthens the outlook. Caterpillar is benefiting from rising demand for power-generation equipment used by data centers, helping drive a reported record $72 billion backlog with orders extending through 2030. The company is also investing approximately $1 billion in North Carolina to expand compact-equipment manufacturing and confirmed its $1.63 quarterly dividend payable November 19, 2026. Learn Why The Bull Case For Caterpillar Could Change Following AI Power Demand
• Positive Sentiment: Analyst estimates moved higher. Erste Group Bank raised its earnings estimates for Caterpillar, adding to the favorable expectations surrounding the company’s upcoming results. Erste Group Bank Raises Earnings Estimates for Caterpillar
• Neutral Sentiment: Resource Industries leadership transition announced. Group President Denise Johnson plans to retire in early 2027, with Derrick York, currently associated with Solar Turbines and other Caterpillar operations, named as her successor. Johnson is credited with improving the mining business during a difficult industry downturn; investors may monitor execution during the handoff. Caterpillar Taps Derrick York as Denise Johnson Sets Early 2027 Retirement
• Neutral Sentiment: Third-quarter earnings are the next major catalyst. Analysts expect another quarter of revenue and earnings growth, with investors looking beyond headline estimates to margins, segment performance, backlog conversion and management’s outlook. Caterpillar Q3 Earnings Preview
• Negative Sentiment: Tariffs and recent share-price weakness remain concerns. Rising tariffs could pressure Caterpillar’s margins, while the stock has declined sharply over the past month despite the backlog and a reported first-ever $20 billion quarter. The October 29 report will test whether backlog strength can support a rebound. Can Caterpillar’s $72B Backlog Save Its Stock From a 10% Slump?

Insider Buying and Selling

In other news, CEO Joseph E. Creed sold 32,401 shares of the company’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $808.98, for a total value of $26,211,760.98. Following the sale, the chief executive officer directly owned 34,555 shares in the company, valued at approximately $27,954,303.90. This represents a 48.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 0.33% of the stock is currently owned by corporate insiders.

Caterpillar Company Profile

Caterpillar Inc is a manufacturer of construction, mining, and industrial equipment. Its product portfolio includes excavators, bulldozers, wheel loaders, motor graders, articulated trucks, and other machinery used in construction, infrastructure development, mining, quarrying, forestry, and related industries. The company also produces diesel and natural gas engines, industrial gas turbines, generator sets, and other power-generation and transportation equipment.

Caterpillar operates through businesses focused on construction industries, resource industries, and energy and transportation.