Americana Partners LLC Purchases 5,592 Shares of Caterpillar Inc. $CAT

Americana Partners LLC grew its position in Caterpillar Inc. (NYSE:CAT) by 21.7% during the third quarter, HoldingsChannel reports. The firm owned 31,338 shares of the industrial products company’s stock after buying an additional 5,592 shares during the period. Americana Partners LLC’s holdings in Caterpillar were worth $14,953,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Valeo Financial Advisors LLC raised its position in shares of Caterpillar by 36,842.1% in the 2nd quarter. Valeo Financial Advisors LLC now owns 7,299,751 shares of the industrial products company’s stock worth $2,833,836,000 after acquiring an additional 7,279,991 shares in the last quarter. Norges Bank acquired a new stake in Caterpillar during the second quarter worth approximately $2,165,899,000. Massachusetts Financial Services Co. MA increased its holdings in Caterpillar by 1,851.8% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,830,414 shares of the industrial products company’s stock worth $873,382,000 after purchasing an additional 1,736,631 shares in the last quarter. Marshall Wace LLP lifted its stake in Caterpillar by 425.2% in the second quarter. Marshall Wace LLP now owns 761,800 shares of the industrial products company’s stock valued at $295,738,000 after buying an additional 616,739 shares during the period. Finally, Voya Investment Management LLC boosted its holdings in shares of Caterpillar by 36.9% during the 3rd quarter. Voya Investment Management LLC now owns 1,777,589 shares of the industrial products company’s stock worth $848,177,000 after buying an additional 478,972 shares in the last quarter. Institutional investors own 70.98% of the company’s stock.

Caterpillar Trading Down 0.0%

NYSE:CAT opened at $646.95 on Tuesday. Caterpillar Inc. has a 52 week low of $267.30 and a 52 week high of $655.68. The firm has a 50-day moving average price of $588.42 and a two-hundred day moving average price of $505.37. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.86 and a current ratio of 1.38. The firm has a market cap of $302.76 billion, a price-to-earnings ratio of 33.21, a price-to-earnings-growth ratio of 2.50 and a beta of 1.57.

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

Caterpillar Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on CAT. HSBC upgraded shares of Caterpillar from a “hold” rating to a “buy” rating and boosted their target price for the company from $405.00 to $660.00 in a research report on Wednesday, November 5th. Jefferies Financial Group upped their price objective on shares of Caterpillar from $570.00 to $700.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Wolfe Research raised their target price on Caterpillar from $470.00 to $670.00 and gave the company an “outperform” rating in a research note on Friday, January 2nd. Hsbc Global Res upgraded Caterpillar from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 6th. Finally, Robert W. Baird boosted their price objective on Caterpillar from $612.00 to $680.00 and gave the company an “outperform” rating in a report on Thursday, October 30th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $623.10.

Insider Activity at Caterpillar

In related news, CFO Andrew R. J. Bonfield sold 10,000 shares of the firm’s stock in a transaction dated 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 completion of the sale, the chief financial officer owned 45,460 shares in the company, valued at approximately $26,142,227.60. This trade represents a 18.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Anthony D. Fassino sold 8,184 shares of the business’s stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $570.18, for a total transaction of $4,666,353.12. Following the completion of the transaction, the insider owned 41,512 shares in the company, valued at approximately $23,669,312.16. The trade was a 16.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 54,729 shares of company stock valued at $31,084,308 in the last 90 days. 0.33% of the stock is currently owned by company insiders.

Key Headlines Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar unveiled “Cat AI Assistant,” signaling a push into software/AI tools that can increase aftermarket services, improve operator productivity and deepen customer stickiness — potential upside to recurring revenue and margins. Caterpillar reveals Cat AI Assistant
• Positive Sentiment: Analysts maintain constructive views: brokerages give CAT an average “Moderate Buy” recommendation, supporting demand for the shares despite valuation debate. This endorsement can help limit downside in the near term. Caterpillar Inc. Given Average Recommendation
• Neutral Sentiment: Discussion about whether Caterpillar will resume production of new on‑highway engines highlights strategic tradeoffs (regulatory, margin and product-focus choices). It’s more of a long-horizon operational/portfolio question than an immediate revenue swing. Will Caterpillar ever return to production of new on-highway engines?
• Positive Sentiment: Caterpillar stands to benefit from 2026 data‑center buildouts as hyperscalers expand capacity for AI compute; on‑site power and back‑up generation demand could lift equipment and power systems sales. This is a demand tailwind tied to structural AI investment. How Caterpillar stock stands to benefit from data center buildout
• Negative Sentiment: Comparative analysis with Volvo highlights near‑term headwinds: slowing end‑market demand in some regions and tariff pressures that could squeeze margins and growth visibility — factors that can pressure the stock until revenue momentum reappears. Caterpillar vs. Volvo: Which Heavy Equipment Stock is the Better Buy?

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.