Caterpillar Inc. $CAT Stock: Philadelphia Trust Co. Decreases Holdings

Philadelphia Trust Co. reduced its stake in Caterpillar Inc. (NYSE:CAT) by 29.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,380 shares of the industrial products company’s stock after selling 990 shares during the period. Philadelphia Trust Co.’s holdings in Caterpillar were worth $1,930,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Stonebridge Financial Group LLC boosted its holdings in shares of Caterpillar by 0.7% during the 2nd quarter. Stonebridge Financial Group LLC now owns 1,635 shares of the industrial products company’s stock worth $1,741,000 after buying an additional 11 shares during the period. Inspirion Wealth Advisors LLC grew its stake in Caterpillar by 1.2% in the 2nd quarter. Inspirion Wealth Advisors LLC now owns 944 shares of the industrial products company’s stock valued at $936,000 after buying an additional 11 shares during the last quarter. Bell Bank raised its holdings in Caterpillar by 0.6% in the 2nd quarter. Bell Bank now owns 1,865 shares of the industrial products company’s stock valued at $1,986,000 after acquiring an additional 11 shares during the period. Cornerstone Advisory LLC raised its holdings in Caterpillar by 0.7% in the 1st quarter. Cornerstone Advisory LLC now owns 1,818 shares of the industrial products company’s stock valued at $1,288,000 after acquiring an additional 12 shares during the period. Finally, Harbor Investment Advisory LLC lifted its position in Caterpillar by 0.6% during the second quarter. Harbor Investment Advisory LLC now owns 2,057 shares of the industrial products company’s stock worth $2,190,000 after acquiring an additional 13 shares during the last quarter. 70.98% of the stock is owned by institutional investors.

Caterpillar Price Performance

Shares of Caterpillar stock opened at $584.28 on Wednesday. Caterpillar Inc. has a twelve month low of $537.08 and a twelve month high of $1,073.46. The company has a quick ratio of 0.88, a current ratio of 1.42 and a debt-to-equity ratio of 1.50. The company has a 50-day simple moving average of $751.89 and a two-hundred day simple moving average of $805.68. The stock has a market capitalization of $267.36 billion, a price-to-earnings ratio of 22.92, a price-to-earnings-growth ratio of 1.04 and a beta of 1.65.

Caterpillar (NYSE:CAT) last posted its quarterly earnings data on Thursday, October 29th. The industrial products company reported $7.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.06 by $0.14. Caterpillar had a net margin of 15.21% and a return on equity of 59.87%. The firm had revenue of $20.68 billion during the quarter, compared to the consensus estimate of $20.76 billion. During the same quarter in the previous year, the firm posted $4.95 EPS. The business’s revenue for the quarter was up 17.3% compared to the same quarter last year. Analysts forecast that Caterpillar Inc. will post 27.38 EPS for the current year.

Caterpillar Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 19th. Stockholders of record on Monday, October 26th will be given a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Monday, October 26th. Caterpillar’s payout ratio is presently 25.58%.

Insider Buying and Selling

In related news, CEO Joseph E. Creed sold 32,401 shares of the business’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 completion of the sale, the chief executive officer directly owned 34,555 shares in the company, valued at approximately $27,954,303.90. The trade was a 48.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director C Jr purchased 1,000 shares of Caterpillar stock in a transaction that occurred on Monday, November 2nd. The shares were bought at an average cost of $620.39 per share, for a total transaction of $620,390.00. Following the transaction, the director directly owned 4,714 shares of the company’s stock, valued at $2,924,518.46. This represents a 26.93% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.33% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Erste Group Bank cut Caterpillar from a “buy” rating to a “hold” rating in a report on Monday, July 27th. Needham & Company LLC set a $980.00 target price on Caterpillar in a research note on Thursday, September 10th. Freedom Broker dropped their price target on Caterpillar from $980.00 to $800.00 and set a “buy” rating for the company in a report on Monday, November 2nd. Zacks Research downgraded Caterpillar from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $749.00 price objective on shares of Caterpillar in a report on Wednesday, October 14th. Fifteen equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $898.25.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Anthropic reportedly agreed to take over a $3.4 billion order for 1.7 gigawatts of Caterpillar gas generators originally placed by OnePWR. The deal highlights AI-related demand for power equipment and could support Caterpillar’s Power & Energy business, although it is a transfer of an existing order rather than necessarily an entirely new one. Article: Caterpillar Stocks Jump as Anthropic Takes Over Generator Order
• Positive Sentiment: Caterpillar reported record third-quarter revenue and net income, reaffirmed expectations for moderate fourth-quarter sales growth, and forecast full-year 2026 revenue growth in the mid-to-high teens. These results and guidance provide a strong operating backdrop for the stock. Article: How AI Power Order Will Impact Caterpillar Investors
• Positive Sentiment: A report says Caterpillar is among stocks insiders are buying after the recent market sell-off, which may bolster investor confidence, though the headline does not provide details on the purchases. Article: Caterpillar Among Names Insiders Are Loading Up On
• Neutral Sentiment: The recent rebound following the generator-order news may leave shares vulnerable to profit-taking. Michael Burry reportedly trimmed his bearish options position, but that change in one investor’s trade is not a fundamental indicator. Article: Michael Burry Trims Caterpillar Bearish Bet

About Caterpillar

Caterpillar Inc. is a global manufacturer of construction and mining equipment, engines, turbines, and related products and services. Its offerings include earthmoving and material-handling machines, diesel and natural gas engines, power-generation systems, and equipment and technologies used in mining and transportation. The company’s products are commonly sold under the Cat brand. Caterpillar serves customers in markets around the world through a network of independent dealers. Its businesses also provide parts, maintenance, equipment rental, and other support services, as well as financing and insurance through its financial services operations.