CIBC Private Wealth Group LLC Purchases 1,279 Shares of Caterpillar Inc. $CAT

CIBC Private Wealth Group LLC boosted its holdings in shares of Caterpillar Inc. (NYSE:CAT) by 3.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,305 shares of the industrial products company’s stock after purchasing an additional 1,279 shares during the period. CIBC Private Wealth Group LLC’s holdings in Caterpillar were worth $20,186,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Marquette Asset Management LLC grew its holdings in shares of Caterpillar by 1,060.0% during the third quarter. Marquette Asset Management LLC now owns 58 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 53 shares during the last quarter. Joseph Group Capital Management bought a new position in shares of Caterpillar in the third quarter valued at about $32,000. Kilter Group LLC bought a new position in shares of Caterpillar in the second quarter valued at about $27,000. Sellwood Investment Partners LLC acquired a new position in Caterpillar during the 3rd quarter worth about $35,000. Finally, Burkett Financial Services LLC grew its holdings in Caterpillar by 82.9% during the 3rd quarter. Burkett Financial Services LLC now owns 75 shares of the industrial products company’s stock worth $36,000 after acquiring an additional 34 shares during the last quarter. Institutional investors own 70.98% of the company’s stock.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar’s push into servicing data centers is getting attention as a potential new, higher-margin end market that could diversify revenue beyond construction and mining — a thesis that could support a re-rating if execution scales. Read More.
• Positive Sentiment: Product leadership: Caterpillar detailed its 2026 backhoe lineup and market trends, reinforcing its competitive position in earthmoving equipment and offering guidance for fleet customers — positive for replacement demand and aftermarket revenue. Read More.
• Positive Sentiment: Market expansion tailwinds: A new GCC construction machinery market report names Caterpillar as a key player and projects regional market growth through 2031, supporting longer-term demand prospects in the Middle East. Read More.
• Neutral Sentiment: Investor interest/coverage: CAT is being flagged as a “trending” stock on platforms (Zacks/Yahoo), which can increase volume and short-term volatility but doesn’t change fundamentals. Read More. Read More.
• Neutral Sentiment: Corporate tech/tools: History Factory launched an enterprise AI product and lists Caterpillar among clients — useful for internal knowledge and IR but unlikely to move near-term revenue materially. Read More.
• Negative Sentiment: Market sell-off pressure: Caterpillar was singled out among laggards during a broad Dow decline, which directly pressured the stock today as investors rotated out of cyclical industrials. Read More.

Insiders Place Their Bets

In related news, insider Lange Bob De sold 22,656 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $720.11, for a total transaction of $16,314,812.16. Following the completion of the sale, the insider directly owned 79,953 shares of the company’s stock, valued at approximately $57,574,954.83. This represents a 22.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Joseph E. Creed sold 2,500 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $718.93, for a total transaction of $1,797,325.00. Following the sale, the chief executive officer owned 35,083 shares in the company, valued at $25,222,221.19. This trade represents a 6.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 135,950 shares of company stock worth $94,327,990 in the last three months. 0.33% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on CAT. Bank of America boosted their target price on shares of Caterpillar from $735.00 to $825.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Argus raised their price target on shares of Caterpillar from $625.00 to $820.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Royal Bank Of Canada boosted their price objective on shares of Caterpillar from $587.00 to $658.00 and gave the stock a “sector perform” rating in a research report on Friday, January 30th. Robert W. Baird set a $805.00 price objective on Caterpillar in a report on Friday, January 30th. Finally, DA Davidson increased their price objective on Caterpillar from $569.00 to $650.00 and gave the company a “neutral” rating in a research report on Monday, February 2nd. Sixteen investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Caterpillar has a consensus rating of “Moderate Buy” and a consensus price target of $730.50.

Caterpillar Stock Performance

Shares of Caterpillar stock opened at $688.01 on Friday. The stock’s fifty day simple moving average is $700.70 and its 200 day simple moving average is $591.34. 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 company has a market capitalization of $320.12 billion, a PE ratio of 36.56, a PEG ratio of 1.64 and a beta of 1.54. Caterpillar Inc. has a 12 month low of $267.30 and a 12 month high of $789.81.

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 firm had revenue of $19.13 billion during 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 company’s revenue was up 17.9% on a year-over-year basis. During the same period in the previous year, the firm earned $5.14 earnings per share. On average, research analysts predict that Caterpillar Inc. will post 19.86 EPS for the current year.

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.