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

Caterpillar (NYSE:CAT) had its price objective upped by analysts at Truist Financial from $729.00 to $786.00 in a note issued to investors on Monday, MarketBeat Ratings reports. The firm presently has a “buy” rating on the industrial products company’s stock. Truist Financial’s price target would indicate a potential upside of 11.83% from the company’s current price.

Other research analysts also recently issued research reports about the company. JPMorgan Chase & Co. upped their price objective on Caterpillar from $740.00 to $765.00 and gave the stock an “overweight” rating in a report on Friday, January 30th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $678.00 price target on shares of Caterpillar in a research note on Friday. Oppenheimer lifted their price objective on Caterpillar from $700.00 to $729.00 and gave the stock an “outperform” rating in a research report on Friday. Morgan Stanley upped their target price on shares of Caterpillar from $395.00 to $400.00 and gave the company an “underweight” rating in a research report on Friday, January 23rd. Finally, Royal Bank Of Canada boosted their price target on shares of Caterpillar from $587.00 to $658.00 and gave the stock a “sector perform” rating in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $679.48.

Caterpillar Stock Up 1.7%

Shares of NYSE:CAT opened at $702.84 on Monday. The company has a quick ratio of 0.94, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The firm has a market cap of $328.92 billion, a P/E ratio of 37.35, a P/E/G ratio of 1.65 and a beta of 1.58. Caterpillar has a 12 month low of $267.30 and a 12 month high of $710.03. The company’s 50-day moving average price is $609.65 and its two-hundred day moving average price is $524.56.

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

Insider Transactions at Caterpillar

In other Caterpillar news, insider Anthony D. Fassino sold 10,671 shares of the stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $680.45, for a total value of $7,261,081.95. Following the sale, the insider directly owned 41,151 shares in the company, valued at approximately $28,001,197.95. This trade represents a 20.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Lange Bob De sold 15,977 shares of the business’s 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. This trade represents a 16.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 65,539 shares of company stock valued at $40,339,032. Corporate insiders own 0.33% of the company’s stock.

Institutional Investors Weigh In On Caterpillar

A number of hedge funds have recently modified their holdings of CAT. Revolve Wealth Partners LLC lifted its stake in Caterpillar by 2.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 681 shares of the industrial products company’s stock valued at $390,000 after buying an additional 16 shares in the last quarter. Security Financial Services INC. lifted its position in Caterpillar by 0.4% in the 4th quarter. Security Financial Services INC. now owns 3,609 shares of the industrial products company’s stock valued at $2,068,000 after acquiring an additional 16 shares in the last quarter. Purus Wealth Management LLC boosted its stake in Caterpillar by 0.5% in the 4th quarter. Purus Wealth Management LLC now owns 3,018 shares of the industrial products company’s stock worth $1,729,000 after purchasing an additional 16 shares during the period. Legacy Wealth Managment LLC ID increased its holdings in Caterpillar by 27.1% during the 4th quarter. Legacy Wealth Managment LLC ID now owns 75 shares of the industrial products company’s stock worth $43,000 after purchasing an additional 16 shares in the last quarter. Finally, KWB Wealth raised its stake in shares of Caterpillar by 3.2% in the 4th quarter. KWB Wealth now owns 549 shares of the industrial products company’s stock valued at $315,000 after purchasing an additional 17 shares during the period. Institutional investors and hedge funds own 70.98% of the company’s stock.

More Caterpillar News

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

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.