Daiwa Securities Group Raises Caterpillar (NYSE:CAT) Price Target to $790.00

Caterpillar (NYSE:CAT) had its price objective lifted by equities research analysts at Daiwa Securities Group from $640.00 to $790.00 in a research note issued on Wednesday,MarketScreener reports. Daiwa Securities Group’s price objective would suggest a potential upside of 4.94% from the stock’s current price.

CAT has been the topic of several other reports. DA Davidson upped their price objective on shares of Caterpillar from $569.00 to $650.00 and gave the company a “neutral” rating in a report on Monday, February 2nd. Wells Fargo & Company lifted their target price on shares of Caterpillar from $702.00 to $756.00 and gave the stock an “overweight” rating in a report on Friday, January 30th. Wall Street Zen cut shares of Caterpillar from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. JPMorgan Chase & Co. raised their price objective on shares of Caterpillar from $740.00 to $765.00 and gave the stock an “overweight” rating in a research report on Friday, January 30th. Finally, Rothschild & Co Redburn upped their target price on Caterpillar from $650.00 to $700.00 and gave the company a “neutral” rating in a research report on Wednesday, February 4th. Sixteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $712.52.

Caterpillar Stock Performance

NYSE CAT opened at $752.81 on Wednesday. The firm has a market capitalization of $350.27 billion, a P/E ratio of 40.00, a price-to-earnings-growth ratio of 1.81 and a beta of 1.58. The company has a current ratio of 1.44, a quick ratio of 0.94 and a debt-to-equity ratio of 1.44. The firm’s fifty day moving average price is $664.48 and its two-hundred day moving average price is $561.23. Caterpillar has a 1 year low of $267.30 and a 1 year high of $789.81.

Caterpillar (NYSE:CAT) last announced its quarterly earnings data on Thursday, January 29th. The industrial products company reported $5.16 EPS for the quarter, beating 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 during the quarter, compared to the consensus estimate of $17.81 billion. During the same quarter last year, the firm posted $5.14 EPS. The company’s quarterly revenue was up 17.9% on a year-over-year basis. As a group, research analysts anticipate that Caterpillar will post 19.86 EPS for the current year.

Insider Transactions at Caterpillar

In other Caterpillar news, insider Anthony D. Fassino sold 10,671 shares of the stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $680.45, for a total transaction of $7,261,081.95. Following the sale, the insider directly owned 41,151 shares in the company, valued at $28,001,197.95. This represents a 20.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Lange Bob De sold 22,656 shares of the firm’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $720.11, for a total transaction of $16,314,812.16. Following the completion of the transaction, the insider directly owned 79,953 shares in the company, valued at approximately $57,574,954.83. This represents a 22.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 143,450 shares of company stock worth $98,245,065. Corporate insiders own 0.33% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. TD Capital Management LLC lifted its stake in Caterpillar by 11.4% during the fourth quarter. TD Capital Management LLC now owns 549 shares of the industrial products company’s stock worth $315,000 after purchasing an additional 56 shares during the last quarter. Tempo Wealth LLC bought a new stake in shares of Caterpillar during the 4th quarter worth $740,000. MidFirst Bank acquired a new stake in Caterpillar in the fourth quarter valued at about $15,577,000. DGS Capital Management LLC bought a new position in Caterpillar in the fourth quarter valued at about $319,000. Finally, Astoria Portfolio Advisors LLC. raised its stake in Caterpillar by 16.5% during the fourth quarter. Astoria Portfolio Advisors LLC. now owns 1,797 shares of the industrial products company’s stock worth $1,029,000 after acquiring an additional 254 shares in the last quarter. 70.98% of the stock is owned by institutional investors.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Major analyst upgrades and price‑target hikes — Wells Fargo raised its target to $870 (overweight) and Daiwa lifted its target to $790, giving fresh buy‑side ammunition and supporting upside expectations. Wells Fargo price target hike
• Positive Sentiment: High‑profile media and TV endorsements (Jim Cramer commentary) are adding retail/institutional attention and positive sentiment toward CAT’s machinery exposure. Jim Cramer on Caterpillar
• Positive Sentiment: Strategic corporate moves — Caterpillar acquired RPMGlobal (mining software) and its venture arm backed ElevenEs, signaling expansion into software/tech and commodity‑linked solutions that can lift long‑term services and recurring revenue. Caterpillar acquires RPMGlobal ElevenEs Series B backed by Caterpillar Venture Capital
• Neutral Sentiment: Sector/market reports point to strong multi‑year demand for mining trucks, tunneling and rock‑drilling equipment (electrification, autonomy, infrastructure), which is a tailwind but not an immediate earnings surprise. Mining Truck Market Report
• Neutral Sentiment: Company PR events (Global Technician Finals) and product/service improvements (rental management redesign) help branding and aftermarket services but are gradual catalysts. Global Technician Finals
• Negative Sentiment: Insider selling: a senior employee sold ~2,278 shares recently (disclosed), which can be perceived as profit‑taking by insiders and adds psychological pressure on the stock. Insider sale disclosure
• Negative Sentiment: Short interest jumped roughly 61% in February — increased shorting raises near‑term volatility and suggests some market participants are positioning for a pullback. (Internal short‑interest data)
• Negative Sentiment: Valuation is extended after a big rally (PE ~40 and ~124% Y/Y gain); several articles warn CAT now trades at a premium, increasing sensitivity to any slowdown in orders, margins or macro headwinds. Valuation assessment

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.