Citigroup Boosts Caterpillar (NYSE:CAT) Price Target to $785.00

Caterpillar (NYSE:CAT) had its price objective lifted by equities research analysts at Citigroup from $760.00 to $785.00 in a report issued on Monday,MarketScreener reports. Citigroup’s price objective would suggest a potential upside of 16.85% from the company’s previous close.

Several other brokerages have also issued reports on CAT. HSBC lifted their price objective on shares of Caterpillar from $660.00 to $850.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Evercore lifted their price target on Caterpillar from $476.00 to $630.00 and gave the company an “outperform” rating in a report on Monday, November 17th. Truist Financial boosted their price target on Caterpillar from $729.00 to $786.00 and gave the stock a “buy” rating in a research report on Monday, February 2nd. JPMorgan Chase & Co. upped their price objective on Caterpillar from $765.00 to $860.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 4th. Finally, Royal Bank Of Canada increased their price target on shares of Caterpillar from $587.00 to $658.00 and gave the company a “sector perform” rating in a research report on Friday, January 30th. 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. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $726.00.

Caterpillar Stock Down 1.3%

NYSE:CAT traded down $9.08 during mid-day trading on Monday, reaching $671.82. The company’s stock had a trading volume of 565,537 shares, compared to its average volume of 2,924,437. The company has a quick ratio of 0.94, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. Caterpillar has a 1 year low of $267.30 and a 1 year high of $789.81. The stock has a fifty day moving average of $681.47 and a 200-day moving average of $576.40. The firm has a market capitalization of $312.59 billion, a PE ratio of 35.70, a price-to-earnings-growth ratio of 1.61 and a beta of 1.53.

Caterpillar (NYSE:CAT) last posted its earnings results 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 business had revenue of $19.13 billion for 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 revenue for the quarter was up 17.9% on a year-over-year basis. Equities research analysts forecast that Caterpillar will post 19.86 earnings per share for the current year.

Insiders Place Their Bets

In other Caterpillar news, insider Lange Bob De sold 22,656 shares of the business’s stock in a transaction that occurred on 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 sale, the insider owned 79,953 shares of the company’s stock, valued at approximately $57,574,954.83. The trade was a 22.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Rodney Michael Shurman sold 2,278 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $759.61, for a total transaction of $1,730,391.58. Following the transaction, the insider owned 1,443 shares in the company, valued at $1,096,117.23. The trade was a 61.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 135,950 shares of company stock valued at $94,327,990. 0.33% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Caterpillar

Several hedge funds have recently made changes to their positions in CAT. Advisory Resource Group increased its holdings in shares of Caterpillar by 0.8% in the fourth quarter. Advisory Resource Group now owns 1,632 shares of the industrial products company’s stock valued at $935,000 after purchasing an additional 13 shares during the period. Invst LLC increased its holdings in Caterpillar by 1.9% in the 4th quarter. Invst LLC now owns 753 shares of the industrial products company’s stock worth $431,000 after buying an additional 14 shares during the period. Plancorp LLC raised its position in Caterpillar by 0.5% during the 4th quarter. Plancorp LLC now owns 2,777 shares of the industrial products company’s stock worth $1,591,000 after buying an additional 15 shares during the last quarter. BlueStem Wealth Partners LLC raised its position in Caterpillar by 1.3% during the 4th quarter. BlueStem Wealth Partners LLC now owns 1,192 shares of the industrial products company’s stock worth $683,000 after buying an additional 15 shares during the last quarter. Finally, KDT Advisors LLC lifted its stake in Caterpillar by 2.3% during the 4th quarter. KDT Advisors LLC now owns 657 shares of the industrial products company’s stock valued at $376,000 after acquiring an additional 15 shares during the period. 70.98% of the stock is owned by institutional investors and hedge funds.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Multiple analyst price-target raises signal continued bullish analyst sentiment—two outlets reported CAT targets lifted to $817 and $825, supporting upside vs. prior analyst levels. Price Target Raised to $817.00 Price Target Raised to $825.00
• Positive Sentiment: Caterpillar is showcasing AI-driven jobsite tech, autonomous equipment and integrated fleet/software offerings at CONEXPO — initiatives that reinforce CAT’s strategic pivot to higher-margin services, software and electrification. This supports longer-term revenue mix improvement. Caterpillar Showcases AI Jobsite Tech
• Positive Sentiment: Analyst/retail commentary is bullish on CAT’s structural demand and AI/power tailwinds; The Motley Fool ran pieces highlighting reasons to buy and CAT’s role supporting AI-era power needs, which can help attract long-term investors. 3 Reasons to Buy Caterpillar Stock in 2026 Is This Industrial Giant Actually an AI Play?
• Positive Sentiment: Product innovation: CAT introduced a heavy electric-drive dozer that leverages long-standing mechanical concepts in new electric configurations — a demonstration of electrification progress that can win orders in mining/construction electrification cycles. CAT puts century-old tech to work in its newest, heaviest electric drive dozer
• Neutral Sentiment: Zacks Market Edge included Caterpillar in a highlights piece alongside other names; useful for visibility but not a material catalyst on its own. Zacks Market Edge Highlights
• Neutral Sentiment: Viral/brand note: CAT built a real pickup after an AI-generated fake went viral — positive PR/brand engagement but limited direct financial impact. Caterpillar built a real pickup truck
• Negative Sentiment: Insider selling: the CEO sold roughly $1.8M of CAT stock, which investors often view as a negative signal and likely contributed to near-term selling pressure. CEO Sells $1,797,325.00 in Stock
• Negative Sentiment: Market reaction: coverage noted the stock was trading down amid reports of insider selling, indicating short-term negative sentiment and volatility even as longer-term fundamentals are debated. Trading Down 3.5% Following Insider Selling

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.