Caterpillar (NYSE:CAT) Stock Price Expected to Rise, Citigroup Analyst Says

Caterpillar (NYSE:CAT) had its target price hoisted by research analysts at Citigroup from $710.00 to $760.00 in a report released on Monday,Benzinga reports. The firm presently has a “buy” rating on the industrial products company’s stock. Citigroup’s price objective indicates a potential upside of 8.13% from the company’s current price.

Other equities research analysts have also recently issued research reports about the stock. Barclays increased their target price on shares of Caterpillar from $610.00 to $625.00 and gave the company an “equal weight” rating in a research report on Friday. Truist Financial boosted their price target on Caterpillar from $729.00 to $786.00 and gave the stock a “buy” rating in a research note on Monday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Caterpillar in a research report on Monday, December 29th. Robert W. Baird set a $805.00 target price on shares of Caterpillar in a research report on Friday. Finally, Sanford C. Bernstein restated a “market perform” rating and set a $678.00 price target on shares of Caterpillar in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $679.48.

Caterpillar Stock Up 1.7%

Shares of Caterpillar stock opened at $702.84 on Monday. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 0.94. The stock has a market cap of $328.92 billion, a price-to-earnings ratio of 37.35, a PEG ratio of 1.65 and a beta of 1.58. The firm’s 50-day moving average is $609.65 and its two-hundred day moving average is $524.56. Caterpillar has a 1 year low of $267.30 and a 1 year high of $710.03.

Caterpillar (NYSE:CAT) last announced its quarterly earnings results on Thursday, January 29th. The industrial products company reported $5.16 earnings per share for the quarter, topping the consensus estimate of $4.67 by $0.49. The firm had revenue of $19.13 billion during the quarter, compared to analysts’ expectations of $17.81 billion. Caterpillar had a net margin of 13.14% and a return on equity of 45.76%. The company’s revenue was up 17.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $5.14 EPS. As a group, research analysts expect that Caterpillar will post 19.86 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director David Maclennan purchased 300 shares of the stock in a transaction that occurred on Thursday, November 6th. The shares were purchased at an average cost of $568.86 per share, with a total value of $170,658.00. Following the completion of the acquisition, the director owned 7,947 shares of the company’s stock, valued at approximately $4,520,730.42. This represents a 3.92% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Lange Bob De sold 15,977 shares of Caterpillar stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $682.99, for a total transaction of $10,912,131.23. Following the completion of the transaction, the insider directly owned 79,953 shares of the company’s stock, valued at $54,607,099.47. The trade was a 16.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 65,539 shares of company stock worth $40,339,032. Corporate insiders own 0.33% of the company’s stock.

Institutional Trading of Caterpillar

A number of institutional investors and hedge funds have recently made changes to their positions in CAT. Valeo Financial Advisors LLC increased its holdings in 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 purchased a new stake in shares of Caterpillar during the second quarter worth about $2,165,899,000. Wellington Management Group LLP raised its position in shares of Caterpillar by 3,949.8% during the 3rd quarter. Wellington Management Group LLP now owns 5,228,058 shares of the industrial products company’s stock worth $2,494,568,000 after purchasing an additional 5,098,964 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in Caterpillar by 1,851.8% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,830,414 shares of the industrial products company’s stock valued at $873,382,000 after buying an additional 1,736,631 shares in the last quarter. Finally, Marshall Wace LLP boosted its holdings in Caterpillar by 425.2% in the 2nd quarter. Marshall Wace LLP now owns 761,800 shares of the industrial products company’s stock worth $295,738,000 after buying an additional 616,739 shares during the last quarter. 70.98% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Q4 earnings beat and data-center demand — Caterpillar reported revenue and EPS above estimates, with Power & Energy sales up sharply as data-center buildouts drove demand for natural-gas turbines and backup power. That beat reinforces near-term earnings momentum. CAT Earnings Beat
• Positive Sentiment: Analysts raising price targets — Multiple firms (including Truist and Citi) bumped CAT targets and kept buy ratings, giving the stock fresh upward catalysts and validating the post-earnings narrative. Analyst Price Target Raises
• Positive Sentiment: Record backlog and multi-year growth visibility — Management cites a record ~$51B backlog and sees 5–7% annual sales through 2030, supported by planned capacity spend (higher 2026 capex) that could convert backlog into revenue over time. MarketBeat CAT Analysis
• Positive Sentiment: Large shareholder returns narrative — Coverage highlighting the company’s strong free-cash-flow returns and sizable capital returns program can support investor sentiment. Forbes: Shareholder Returns
• Neutral Sentiment: Strategic tech partnership — ACI won a multi-year engagement to modernize Caterpillar’s digital infrastructure; operationally useful but unlikely to move near-term revenue much. ACI Partnership PR
• Neutral Sentiment: Product rollout — New compact 308CR mini-excavator announced; supports product-cycle narrative but is incremental to overall results. 308CR Mini-Excavator
• Negative Sentiment: Insider selling — Two senior insiders disclosed sizable sales (multi-million-dollar disposals), reducing their stakes. While often routine, large insider sales can weigh on sentiment if interpreted as profit-taking at lofty valuations. Insider Sale Filing

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.