Patton Albertson Miller Group LLC Has $1.04 Million Position in Caterpillar Inc. $CAT

Patton Albertson Miller Group LLC cut its position in shares of Caterpillar Inc. (NYSE:CAT) by 58.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,182 shares of the industrial products company’s stock after selling 3,107 shares during the period. Patton Albertson Miller Group LLC’s holdings in Caterpillar were worth $1,041,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Norges Bank bought a new stake in shares of Caterpillar during the second quarter worth approximately $2,165,899,000. Groupe la Francaise lifted its holdings in Caterpillar by 82.0% during the 2nd quarter. Groupe la Francaise now owns 27,246 shares of the industrial products company’s stock worth $10,820,000 after purchasing an additional 12,278 shares during the last quarter. Union Bancaire Privee UBP SA boosted its stake in Caterpillar by 155.9% in the 3rd quarter. Union Bancaire Privee UBP SA now owns 47,231 shares of the industrial products company’s stock valued at $21,014,000 after purchasing an additional 28,773 shares during the period. Palmer Knight Co bought a new stake in Caterpillar in the 2nd quarter valued at $5,884,000. Finally, ZEGA Investments LLC grew its holdings in Caterpillar by 149.6% in the 3rd quarter. ZEGA Investments LLC now owns 4,184 shares of the industrial products company’s stock valued at $1,996,000 after buying an additional 2,508 shares in the last quarter. 70.98% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CAT has been the subject of a number of recent research reports. Citigroup boosted their target price on shares of Caterpillar from $690.00 to $710.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. Barclays lifted their price objective on shares of Caterpillar from $555.00 to $610.00 and gave the stock an “equal weight” rating in a research note on Friday, January 23rd. Evercore ISI increased their target price on shares of Caterpillar from $476.00 to $630.00 and gave the stock an “outperform” rating in a research report on Monday, November 17th. Hsbc Global Res upgraded shares of Caterpillar from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 6th. Finally, Bank of America boosted their price target on Caterpillar from $650.00 to $708.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $640.20.

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Q4 earnings beat and record revenue — Caterpillar reported adjusted EPS of $5.16 and $19.13B in revenue, beating consensus and showing year-over-year top-line strength that supports valuation and buyback plans. Caterpillar Reports Fourth-Quarter and Full-Year 2025 Results
• Positive Sentiment: AI/data-center demand is boosting power equipment sales — multiple reports note that rapid data-center buildouts (AI workloads) are lifting demand for Caterpillar’s power-generation equipment, turning some orders into long-lived infrastructure rather than short-cycle construction revenue. This Construction Giant’s Stock Led the Dow Over the Past Year. It’s Gotten a Boost From AI
• Positive Sentiment: Strategic order for hyperscale AI power — Caterpillar joined a partnership to supply 2 GW of fast-response gas generator sets for the Monarch Compute Campus, a multi‑year, high-reliability power project that supports recurring, long-duration revenue. American Intelligence & Power Forms Strategic Alliance with Caterpillar and Boyd CAT to Deploy 2 Gigawatts of Dedicated Power for Hyperscale AI Infrastructure
• Positive Sentiment: Strong cash flow and capital return — FY2025 enterprise operating cash flow remained robust and the company deployed roughly $7.9B for buybacks and dividends, supporting EPS and shareholder returns. Caterpillar Reports Fourth-Quarter and Full-Year 2025 Results
• Neutral Sentiment: Earnings call details and management commentary — The full Q4 2025 earnings call transcript provides color on geographic capex trends, margin drivers and service mix for investors doing a deeper read. Caterpillar Inc. (CAT) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Analyst commentary and previews — Coverage ahead of and after the print emphasizes power & energy as the key catalyst while noting investment and margin questions remain. Caterpillar Earnings Are Coming. The Bar Is High, Thanks to AI.
• Negative Sentiment: Tariff headwind — Management warned of an estimated ~$2.6B impact from tariffs in 2026, which the company says will pressure margins and could offset some revenue gains unless mitigated. Caterpillar flags $2.6 billion tariff hit in 2026, power equipment demand lifts quarter
• Negative Sentiment: Tariffs already squeezing margins — Several outlets highlight that higher tariffs and related costs reduced profit margins in the quarter despite top-line strength. Caterpillar Says Higher Tariffs Impacted Profit Margins

Caterpillar Stock Performance

Caterpillar stock opened at $663.92 on Friday. The stock has a market cap of $310.70 billion, a PE ratio of 34.08, a P/E/G ratio of 2.48 and a beta of 1.57. The company has a quick ratio of 0.86, a current ratio of 1.38 and a debt-to-equity ratio of 1.34. The business’s 50-day moving average price is $602.18 and its two-hundred day moving average price is $517.31. Caterpillar Inc. has a 12-month low of $267.30 and a 12-month high of $679.99.

Caterpillar (NYSE:CAT) last released its quarterly earnings data on Thursday, January 29th. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.67 by $0.49. The business had revenue of $19.13 billion during the quarter, compared to analysts’ expectations of $17.81 billion. Caterpillar had a net margin of 14.34% and a return on equity of 47.16%. The firm’s quarterly revenue was up 17.9% compared to the same quarter last year. During the same period in the prior year, the company earned $5.14 EPS. As a group, analysts expect that Caterpillar Inc. will post 19.86 earnings per share for the current fiscal year.

Caterpillar Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 19th. Stockholders of record on Tuesday, January 20th will be issued a dividend of $1.51 per share. This represents a $6.04 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Tuesday, January 20th. Caterpillar’s payout ratio is 31.01%.

Insider Activity

In related news, Director David Maclennan purchased 300 shares of the firm’s stock in a transaction dated Thursday, November 6th. The stock was bought at an average price of $568.86 per share, with a total value of $170,658.00. Following the completion of the purchase, the director owned 7,947 shares in the company, valued at approximately $4,520,730.42. This represents a 3.92% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Andrew R. J. Bonfield sold 10,000 shares of the stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $575.06, for a total transaction of $5,750,600.00. Following the sale, the chief financial officer directly owned 45,460 shares of the company’s stock, valued at $26,142,227.60. This represents a 18.03% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 54,729 shares of company stock worth $31,084,308. 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.