DA Davidson Boosts Caterpillar (NYSE:CAT) Price Target to $650.00

Caterpillar (NYSE:CAT) had its target price upped by analysts at DA Davidson from $569.00 to $650.00 in a research report issued on Monday, Marketbeat Ratings reports. The firm currently has a “neutral” rating on the industrial products company’s stock. DA Davidson’s price objective would suggest a potential downside of 7.52% from the stock’s previous close.

Several other research analysts have also recently commented on the stock. William Blair set a $735.00 target price on shares of Caterpillar in a research report on Friday. Truist Financial raised their target price on Caterpillar from $729.00 to $786.00 and gave the company a “buy” rating in a research report on Monday. Robert W. Baird set a $805.00 price target on Caterpillar in a research report on Friday. Rothschild & Co Redburn raised their price target on Caterpillar from $420.00 to $650.00 and gave the company a “neutral” rating in a report on Wednesday, January 21st. Finally, Evercore ISI upped their price objective on shares of Caterpillar from $476.00 to $630.00 and gave the stock an “outperform” rating in a report on Monday, November 17th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $679.48.

Caterpillar Trading Up 1.7%

NYSE:CAT opened at $702.84 on Monday. The firm has a market capitalization 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. The business has a 50 day simple moving average of $609.65 and a 200 day simple moving average of $524.56. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 0.94. Caterpillar has a 12-month low of $267.30 and a 12-month high of $710.03.

Caterpillar (NYSE:CAT) last posted its earnings results on Thursday, January 29th. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.67 by $0.49. The company had revenue of $19.13 billion for the quarter, compared to analysts’ expectations of $17.81 billion. Caterpillar had a return on equity of 45.76% and a net margin of 13.14%.The firm’s quarterly revenue was up 17.9% compared to the same quarter last year. During the same period last year, the business posted $5.14 earnings per share. Equities research analysts predict that Caterpillar will post 19.86 EPS for the current year.

Insider Buying and Selling

In related news, insider Anthony D. Fassino sold 10,671 shares of the business’s stock in a transaction that occurred 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 $28,001,197.95. The trade was a 20.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Jason Kaiser sold 10,707 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $563.60, for a total transaction of $6,034,465.20. Following the sale, the insider owned 8,649 shares of the company’s stock, valued at $4,874,576.40. The trade was a 55.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 65,539 shares of company stock worth $40,339,032. 0.33% of the stock is owned by insiders.

Hedge Funds Weigh In On Caterpillar

Hedge funds and other institutional investors have recently modified their holdings of the stock. Pacific Point Advisors LLC acquired a new stake in Caterpillar during the 4th quarter valued at $579,000. Brighton Jones LLC raised its position in Caterpillar by 51.5% during the fourth quarter. Brighton Jones LLC now owns 7,409 shares of the industrial products company’s stock valued at $2,688,000 after buying an additional 2,519 shares during the period. Wealthcare Advisory Partners LLC lifted its stake in Caterpillar by 4.9% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 15,298 shares of the industrial products company’s stock worth $5,939,000 after acquiring an additional 713 shares in the last quarter. Simplicity Wealth LLC boosted its position in Caterpillar by 3.9% during the 2nd quarter. Simplicity Wealth LLC now owns 4,826 shares of the industrial products company’s stock worth $1,874,000 after acquiring an additional 180 shares during the period. Finally, Woodmont Investment Counsel LLC grew its stake in Caterpillar by 1.8% during the 2nd quarter. Woodmont Investment Counsel LLC now owns 4,918 shares of the industrial products company’s stock valued at $1,909,000 after acquiring an additional 88 shares in the last quarter. Institutional investors and hedge funds own 70.98% of the company’s stock.

Caterpillar News Summary

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.