Oregon Public Employees Retirement Fund Increases Stock Holdings in Caterpillar Inc. $CAT

Oregon Public Employees Retirement Fund grew its position in Caterpillar Inc. (NYSE:CAT) by 31.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 53,510 shares of the industrial products company’s stock after purchasing an additional 12,881 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Caterpillar were worth $25,532,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of CAT. Kilter Group LLC purchased a new stake in shares of Caterpillar during the 2nd quarter valued at $27,000. Mid American Wealth Advisory Group Inc. bought a new stake in Caterpillar in the second quarter worth about $28,000. Compass Financial Services Inc boosted its stake in Caterpillar by 49.2% in the first quarter. Compass Financial Services Inc now owns 94 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 31 shares during the last quarter. Family Legacy Financial Solutions LLC bought a new position in shares of Caterpillar during the 2nd quarter valued at approximately $32,000. Finally, RiverPark Advisors LLC purchased a new stake in shares of Caterpillar during the 2nd quarter worth approximately $32,000. 70.98% of the stock is currently owned by institutional investors.

Caterpillar Stock Performance

Caterpillar stock opened at $608.82 on Friday. The firm’s 50 day simple moving average is $578.52 and its 200 day simple moving average is $491.35. The company has a current ratio of 1.38, a quick ratio of 0.86 and a debt-to-equity ratio of 1.34. Caterpillar Inc. has a 1-year low of $267.30 and a 1-year high of $627.50. The firm has a market capitalization of $284.91 billion, a PE ratio of 31.25, a price-to-earnings-growth ratio of 2.32 and a beta of 1.57.

Caterpillar (NYSE:CAT) last released its quarterly earnings results on Monday, November 3rd. The industrial products company reported $4.95 earnings per share for the quarter, topping the consensus estimate of $4.52 by $0.43. The firm had revenue of $17.64 billion for the quarter, compared to analysts’ expectations of $16.72 billion. Caterpillar had a net margin of 14.34% and a return on equity of 47.16%. The business’s quarterly revenue was up 9.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $5.17 earnings per share. As a group, analysts expect that Caterpillar Inc. will post 19.86 earnings per share for the current fiscal year.

Caterpillar Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 19th. Shareholders of record on Tuesday, January 20th will be issued a $1.51 dividend. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a $6.04 annualized dividend and a dividend yield of 1.0%. Caterpillar’s dividend payout ratio (DPR) is presently 31.01%.

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Zacks Research raised earnings estimates across multiple upcoming quarters and lifted FY2026 EPS materially (to $21.01 from $20.01). Higher analyst EPS forecasts support stronger forward earnings visibility and help justify the stock’s rally.
• Positive Sentiment: Caterpillar expanded its strategic collaboration with NVIDIA to embed AI, autonomy and edge computing across machines, factories and supply chains — a move that could create new software, services and recurring‑revenue opportunities and improve equipment productivity. PR Newswire: Caterpillar Teams With NVIDIA
• Positive Sentiment: At CES Caterpillar unveiled the Cat AI assistant and previewed autonomous/intelligent construction machines, plus a $25M workforce/innovation pledge — product demos that signal a clear path to differentiation and potential margin/aftermarket upside. Caterpillar Press Release: Next Era of Autonomy
• Neutral Sentiment: Options volume spiked unusually high, indicating elevated trader interest and short‑term volatility risk — this can amplify moves but doesn’t change the underlying fundamentals. AmericanBankingNews: Options Volume
• Neutral Sentiment: Media coverage (features on CES demos, strategy pieces) is raising investor attention; useful for sentiment but not an immediate earnings driver. Zacks: Investor Attention
• Negative Sentiment: Policy risk: articles note that prior tariff support boosted domestic demand for Cat equipment; a potential rollback of tariffs would remove that tailwind and could weigh on near‑term demand. 247WallSt: Tariff Takedown Threat

Insider Activity

In related news, insider Lange Bob De sold 14,638 shares of the company’s stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of $562.36, for a total value of $8,231,825.68. Following the transaction, the insider directly owned 80,209 shares in the company, valued at approximately $45,106,333.24. This represents a 15.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director David Maclennan bought 300 shares of the stock in a transaction that occurred on Thursday, November 6th. The stock was bought at an average cost of $568.86 per share, for a total transaction of $170,658.00. Following the completion of the purchase, the director directly owned 7,947 shares of the company’s stock, valued at $4,520,730.42. This represents a 3.92% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders have sold 54,729 shares of company stock worth $31,084,308. Company insiders own 0.33% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Erste Group Bank raised Caterpillar from a “hold” rating to a “buy” rating in a report on Friday, October 3rd. HSBC upgraded Caterpillar from a “hold” rating to a “buy” rating and increased their price target for the stock from $405.00 to $660.00 in a research note on Wednesday, November 5th. DA Davidson boosted their price objective on Caterpillar from $408.00 to $569.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd. Citigroup upgraded shares of Caterpillar from a “buy” rating to a “mixed” rating in a research report on Tuesday, December 16th. Finally, Wells Fargo & Company assumed coverage on shares of Caterpillar in a research report on Thursday, November 13th. They issued an “overweight” rating and a $675.00 price target on the stock. Three research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $618.70.

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.