Whittier Trust Co. Has $43.66 Million Stock Position in Caterpillar Inc. $CAT

Whittier Trust Co. cut its holdings in shares of Caterpillar Inc. (NYSE:CAT) by 1.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 45,019 shares of the industrial products company’s stock after selling 667 shares during the period. Whittier Trust Co.’s holdings in Caterpillar were worth $43,665,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Diamant Asset Management Inc. lifted its position in shares of Caterpillar by 68,427.2% during the 1st quarter. Diamant Asset Management Inc. now owns 3,140,603 shares of the industrial products company’s stock worth $2,224,992,000 after buying an additional 3,136,020 shares during the last quarter. Ascentis Wealth Management LLC boosted its stake in Caterpillar by 110,539.0% in the second quarter. Ascentis Wealth Management LLC now owns 2,518,143 shares of the industrial products company’s stock valued at $2,711,772,000 after buying an additional 2,515,867 shares in the last quarter. Capital International Investors bought a new position in Caterpillar in the fourth quarter valued at about $1,225,317,000. Northwestern Mutual Wealth Management Co. raised its stake in Caterpillar by 573.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,504,612 shares of the industrial products company’s stock worth $861,947,000 after acquiring an additional 1,281,087 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of Caterpillar by 16.0% in the fourth quarter. Bank of America Corp DE now owns 6,738,802 shares of the industrial products company’s stock worth $3,860,457,000 after acquiring an additional 928,974 shares during the last quarter. Institutional investors and hedge funds own 70.98% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on CAT shares. JPMorgan Chase & Co. raised their price target on shares of Caterpillar from $1,125.00 to $1,165.00 and gave the company an “overweight” rating in a research note on Wednesday, June 17th. Evercore reiterated an “outperform” rating and set a $1,103.00 price objective on shares of Caterpillar in a research report on Monday, May 11th. UBS Group increased their price objective on shares of Caterpillar from $900.00 to $925.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Barclays boosted their target price on shares of Caterpillar from $800.00 to $900.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 6th. Finally, Daiwa Securities Group upped their price target on shares of Caterpillar from $790.00 to $900.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $995.52.

Caterpillar Stock Performance

Caterpillar stock opened at $813.62 on Friday. The business has a 50 day moving average of $910.49 and a 200-day moving average of $833.16. The company has a market capitalization of $374.00 billion, a P/E ratio of 35.01, a P/E/G ratio of 1.43 and a beta of 1.60. Caterpillar Inc. has a 1 year low of $410.52 and a 1 year high of $1,073.46. The company has a debt-to-equity ratio of 1.65, a current ratio of 1.37 and a quick ratio of 0.85.

Caterpillar (NYSE:CAT) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $8.17 EPS for the quarter, topping the consensus estimate of $6.22 by $1.95. Caterpillar had a net margin of 14.51% and a return on equity of 55.53%. The business had revenue of $20.54 billion for the quarter, compared to the consensus estimate of $19.34 billion. During the same period last year, the company earned $4.72 EPS. The firm’s revenue was up 23.7% compared to the same quarter last year. On average, equities research analysts predict that Caterpillar Inc. will post 27.14 earnings per share for the current year.

Caterpillar Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Monday, July 20th were issued a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a dividend yield of 0.8%. This is a boost from Caterpillar’s previous quarterly dividend of $1.51. The ex-dividend date was Monday, July 20th. Caterpillar’s dividend payout ratio (DPR) is presently 28.06%.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analysts raised longer-term earnings forecasts. Zacks Research lifted its FY2026 EPS estimate to $26.55 from $24.51, FY2027 to $30.14 from $29.01 and FY2028 to $35.97 from $34.31. It also increased several quarterly estimates and maintained a “Strong-Buy” rating, signaling confidence in Caterpillar’s earnings trajectory. Zacks Research Caterpillar estimates
• Positive Sentiment: A supportive market backdrop could help CAT. Seasonal strength, solid second-quarter earnings growth, expectations for a cautious Federal Reserve and continued technology investment are cited as reasons the S&P 500 could advance into year-end, potentially supporting cyclical industrial stocks such as Caterpillar. Five reasons the S&P 500 could keep rallying
• Neutral Sentiment: Caterpillar received a $392 million tariff refund. The payment provides a near-term cash benefit, but the company still incurred approximately $400 million in tariff expenses during the quarter ended June 30, limiting the overall relief. Caterpillar tariff refund
• Neutral Sentiment: CAT is priced for substantial volatility. Options markets indicate investors expect the stock to make a large move in either direction, reflecting uncertainty rather than a clear bullish or bearish catalyst. Caterpillar stock volatility outlook
• Neutral Sentiment: Industry performance is tracking end-market conditions. A comparison of Caterpillar, Deere and PACCAR suggests heavy-machinery stocks have diverged based largely on the health of construction, agriculture and trucking markets; the article provides sector context but no new CAT-specific fundamental catalyst. Heavy machinery stock comparison
• Negative Sentiment: Weak July U.S. industrial production raised demand concerns. Softer output data challenges confidence that Caterpillar’s record backlog and broad end-market exposure can remain resilient if industrial activity cools. CAT was also among the Dow’s weaker performers as investors reduced exposure to companies viewed as vulnerable to the fading AI-related trade. Weaker U.S. industrial output and Caterpillar

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.