Caterpillar Inc. $CAT Shares Purchased by Quintet Private Bank Europe S.A.

Quintet Private Bank Europe S.A. raised its stake in shares of Caterpillar Inc. (NYSE:CAT) by 22.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,582 shares of the industrial products company’s stock after buying an additional 1,017 shares during the quarter. Quintet Private Bank Europe S.A.’s holdings in Caterpillar were worth $4,526,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in CAT. Lam Group Inc. purchased a new position in shares of Caterpillar during the first quarter valued at approximately $26,000. Decker Retirement Planning Inc. raised its holdings in Caterpillar by 440.0% in the 2nd quarter. Decker Retirement Planning Inc. now owns 27 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 22 shares during the last quarter. Cornerstone Financial Management LLC purchased a new position in shares of Caterpillar during the 4th quarter worth $32,000. Matrix Trust Co boosted its holdings in shares of Caterpillar by 93.8% during the second quarter. Matrix Trust Co now owns 31 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 15 shares during the last quarter. Finally, Monetary Solutions Ltd acquired a new position in Caterpillar in the fourth quarter valued at $35,000. 70.98% of the stock is owned by institutional investors and hedge funds.

Caterpillar Trading Down 2.4%

Shares of CAT stock traded down $19.91 during mid-day trading on Thursday, reaching $793.92. The company’s stock had a trading volume of 1,241,417 shares, compared to its average volume of 2,811,010. The company has a quick ratio of 0.85, a current ratio of 1.37 and a debt-to-equity ratio of 1.65. The firm has a market capitalization of $364.94 billion, a PE ratio of 34.18, a price-to-earnings-growth ratio of 1.49 and a beta of 1.58. The company’s 50 day simple moving average is $822.83 and its 200-day simple moving average is $853.15. Caterpillar Inc. has a 12-month low of $491.30 and a 12-month high of $1,073.46.

Caterpillar (NYSE:CAT) last released its quarterly 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. The firm had revenue of $20.54 billion for the quarter, compared to analyst estimates of $19.34 billion. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%.Caterpillar’s revenue for the quarter was up 23.7% on a year-over-year basis. During the same period in the previous year, the company posted $4.72 EPS. On average, research analysts predict that Caterpillar Inc. will post 27.5 EPS for the current fiscal year.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analysts raised earnings forecasts: Zacks Research increased its EPS estimates across 2026–2028, including FY2026 to $27.36, FY2027 to $32.44 and FY2028 to $39.15. The upgrades suggest analysts see stronger future profitability, although Zacks’ ratings range from “Hold” to “Strong Buy.” Caterpillar earnings estimates and rating
• Positive Sentiment: $1 billion North Carolina expansion: Caterpillar plans to expand Cat Compact manufacturing capacity in North Carolina, adding advanced automation and digital systems. The investment could support customer demand, domestic production and long-term revenue growth, while increasing near-term capital spending. Caterpillar North Carolina manufacturing expansion
• Positive Sentiment: Data-center and AI opportunity: Commentary highlighted Caterpillar’s expanding role in supplying power-related equipment for data centers, while its work with CoreWeave focuses on physical artificial intelligence. These initiatives could add growth beyond traditional construction and mining demand. Jim Cramer Caterpillar data-center opportunity
• Neutral Sentiment: Mixed analyst signals: Zacks cut its rating from “Strong Buy” to “Hold” in separate coverage, despite raising many earnings forecasts. This indicates improving fundamentals but uncertainty about valuation and the timing of growth.
• Neutral Sentiment: Caterpillar’s previous quarterly results were strong, with revenue up 23.7% year over year and EPS well above expectations. However, the stock’s elevated valuation makes it more sensitive to changes in interest rates and investor risk appetite.
• Negative Sentiment: Higher borrowing costs pressured industrial stocks: Long-term yields reached a two-decade high, weighing on companies that sell expensive machinery often financed by customers. The broader industrial selloff was a key reason CAT recently fell more sharply than the market. Industrial stocks and rising yields
• Negative Sentiment: Regulatory overhang: The Federal Trade Commission and Department of Agriculture are seeking public information about the farm-equipment market. Investors may fear additional scrutiny or potential changes affecting equipment pricing and dealer practices. Caterpillar and Deere regulatory inquiry
• Negative Sentiment: Truist lowered its price target from $1,225 to $1,100, adding pressure to sentiment even though the revised target remains above recent trading levels. Truist Caterpillar price target reduction

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Weiss Ratings lowered Caterpillar from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, September 29th. Wells Fargo & Company raised their target price on shares of Caterpillar from $1,050.00 to $1,155.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 23rd. Robert W. Baird set a $970.00 price target on shares of Caterpillar in a research report on Wednesday, August 5th. Oppenheimer reiterated an “outperform” rating and issued a $1,118.00 price target on shares of Caterpillar in a report on Tuesday, August 4th. Finally, UBS Group boosted 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. Fifteen research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $989.17.

Insider Transactions at Caterpillar

In related news, CEO Joseph E. Creed sold 32,401 shares of Caterpillar stock in a transaction dated 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 transaction, the chief executive officer directly owned 34,555 shares in the company, valued at approximately $27,954,303.90. This trade represents a 48.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.33% of the stock is owned by corporate insiders.

About Caterpillar

Caterpillar Inc is a global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Its products are used in infrastructure development, construction, mining, energy production, transportation, agriculture, forestry, and other industrial applications.

The company markets equipment and related services through a worldwide network of independent dealers. Its operations are generally organized around Construction Industries, Resource Industries, and Energy & Transportation.