First Interstate Bank Has $1.46 Million Stock Position in Caterpillar Inc. $CAT

First Interstate Bank grew its position in Caterpillar Inc. (NYSE:CAT) by 218.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,060 shares of the industrial products company’s stock after purchasing an additional 2,100 shares during the period. First Interstate Bank’s holdings in Caterpillar were worth $1,460,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Kilter Group LLC acquired a new stake in Caterpillar in the second quarter valued at approximately $27,000. Mid American Wealth Advisory Group Inc. acquired a new position in shares of Caterpillar during the 2nd quarter worth $28,000. Marquette Asset Management LLC raised its holdings in shares of Caterpillar by 1,060.0% during the 3rd quarter. Marquette Asset Management LLC now owns 58 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 53 shares in the last quarter. RiverPark Advisors LLC acquired a new stake in shares of Caterpillar in the 2nd quarter valued at $32,000. Finally, Joseph Group Capital Management bought a new stake in Caterpillar in the third quarter worth $32,000. 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 analyst reports. Hsbc Global Res raised Caterpillar from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 6th. Raymond James Financial reissued a “market perform” rating on shares of Caterpillar in a research note on Wednesday, January 7th. Sanford C. Bernstein upped their target price on Caterpillar from $557.00 to $630.00 and gave the stock a “market perform” rating in a research report on Friday, December 19th. Weiss Ratings reissued a “buy (b)” rating on shares of Caterpillar in a research report on Monday, December 29th. Finally, Morgan Stanley upped their price objective on shares of Caterpillar from $380.00 to $395.00 and gave the stock an “underweight” rating in a report on Wednesday, December 10th. Three investment 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 issued a Sell rating to the company. According to data from MarketBeat, Caterpillar presently has an average rating of “Moderate Buy” and an average target price of $625.85.

Caterpillar Stock Down 2.8%

Shares of CAT stock opened at $628.61 on Wednesday. Caterpillar Inc. has a 12 month low of $267.30 and a 12 month high of $655.68. 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 firm has a market cap of $294.18 billion, a PE ratio of 32.27, a price-to-earnings-growth ratio of 2.50 and a beta of 1.57. The stock has a 50 day moving average of $589.63 and a 200-day moving average of $506.98.

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

Caterpillar Dividend Announcement

The business also recently disclosed 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. The ex-dividend date is Tuesday, January 20th. This represents a $6.04 annualized dividend and a dividend yield of 1.0%. Caterpillar’s payout ratio is presently 31.01%.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Oppenheimer raised its price target on CAT to $700 from $645 and kept an “outperform” rating, implying ~11% upside from the current price — a near-term bullish catalyst that supports upside expectations for the stock. Benzinga MarketScreener The Fly
• Positive Sentiment: Caterpillar unveiled “Cat AI Assistant,” signaling increased investment in software/AI offerings that could expand services, aftermarket revenue and sticky customer relationships — a strategic positive if it drives higher-margin recurring sales. Lawn & Landscape
• Positive Sentiment: Analysts and coverage note a potential tailwind from accelerated data-center construction tied to AI — increased demand for on-site power and generators could lift equipment sales for Caterpillar. This is a thematic upside case for 2026 revenue drivers. Invezz
• Positive Sentiment: Consensus brokerage coverage remains constructive (average “Moderate Buy”), which supports investor confidence despite recent weakness. American Banking News
• Neutral Sentiment: Sector/deep-dive pieces — e.g., comparisons with Volvo and dividend-aristocrat roundups — highlight mixed fundamentals: long-term infrastructure demand and tech investment versus slowing end-market demand and tariff risks. These are informative but contain balanced pros/cons. Zacks: CAT vs Volvo Zacks: Dividend Aristocrats
• Neutral Sentiment: Discussion about whether Caterpillar will resume production of new on-highway engines raises product-strategy questions; implications depend on management decisions and regulatory trends, so impact is uncertain. Overdrive

Insider Buying and Selling at Caterpillar

In related news, CAO William E. Schaupp sold 1,200 shares of the stock in a transaction dated Wednesday, November 5th. The shares were sold at an average price of $572.22, for a total value of $686,664.00. Following the completion of the sale, the chief accounting officer owned 1,323 shares in the company, valued at approximately $757,047.06. This trade represents a 47.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Andrew R. J. Bonfield sold 10,000 shares of the business’s stock in a transaction dated Wednesday, December 31st. The shares were sold at an average price of $575.06, for a total value of $5,750,600.00. Following the transaction, the chief financial officer owned 45,460 shares in the company, valued at $26,142,227.60. This represents a 18.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 54,729 shares of company stock valued at $31,084,308 in the last three months. Company insiders own 0.33% of the company’s stock.

Caterpillar Company Profile

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.