Caterpillar (NYSE:CAT) Given New $750.00 Price Target at Wolfe Research

Caterpillar (NYSE:CAT) had its target price raised by Wolfe Research from $670.00 to $750.00 in a research note issued to investors on Tuesday,MarketScreener reports. The brokerage presently has an “outperform” rating on the industrial products company’s stock. Wolfe Research’s price target suggests a potential upside of 2.51% from the company’s current price.

A number of other equities analysts have also recently weighed in on the company. Royal Bank Of Canada increased their price target on Caterpillar from $587.00 to $658.00 and gave the stock a “sector perform” rating in a report on Friday, January 30th. JPMorgan Chase & Co. upped their target price on shares of Caterpillar from $765.00 to $860.00 and gave the company an “overweight” rating in a research report on Wednesday, March 4th. Argus lifted their price target on shares of Caterpillar from $625.00 to $820.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Daiwa Securities Group upped their price objective on shares of Caterpillar from $640.00 to $790.00 in a report on Wednesday, February 25th. Finally, Wall Street Zen cut shares of Caterpillar from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Sixteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $737.55.

Caterpillar Trading Up 3.3%

Shares of NYSE CAT traded up $23.15 during midday trading on Tuesday, reaching $731.61. 719,299 shares of the stock were exchanged, compared to its average volume of 2,837,342. The stock has a market capitalization of $340.41 billion, a P/E ratio of 38.89, a PEG ratio of 1.57 and a beta of 1.53. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.94 and a current ratio of 1.44. The company has a 50 day simple moving average of $710.65 and a 200 day simple moving average of $609.31. Caterpillar has a twelve month low of $267.30 and a twelve month high of $789.81.

Caterpillar (NYSE:CAT) last released 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. The firm 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% on a year-over-year basis. During the same period in the prior year, the firm posted $5.14 earnings per share. As a group, equities analysts expect that Caterpillar will post 19.86 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Rodney Michael Shurman sold 2,278 shares of the company’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $759.61, for a total transaction of $1,730,391.58. Following the sale, the insider owned 1,443 shares of the company’s stock, valued at approximately $1,096,117.23. This represents a 61.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Anthony D. Fassino sold 10,671 shares of Caterpillar 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 completion of the transaction, the insider owned 41,151 shares of the company’s stock, valued at approximately $28,001,197.95. This trade represents a 20.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 125,950 shares of company stock valued at $88,577,390. Corporate insiders own 0.33% of the company’s stock.

Institutional Trading of Caterpillar

Several hedge funds have recently added to or reduced their stakes in CAT. Pacific Point Advisors LLC acquired a new position in shares of Caterpillar during the fourth quarter worth $579,000. Brighton Jones LLC raised its stake in Caterpillar by 51.5% in 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 in the last quarter. United Bank raised its stake in Caterpillar by 108.5% in the second quarter. United Bank now owns 4,083 shares of the industrial products company’s stock valued at $1,585,000 after buying an additional 2,125 shares in the last quarter. Schnieders Capital Management LLC. lifted its holdings in Caterpillar by 3.9% during the 2nd quarter. Schnieders Capital Management LLC. now owns 9,147 shares of the industrial products company’s stock worth $3,551,000 after buying an additional 347 shares during the last quarter. Finally, Van Hulzen Asset Management LLC boosted its position in shares of Caterpillar by 28.6% during the 2nd quarter. Van Hulzen Asset Management LLC now owns 1,864 shares of the industrial products company’s stock worth $724,000 after acquiring an additional 415 shares in the last quarter. Institutional investors and hedge funds own 70.98% of the company’s stock.

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar’s share gains helped drive large Dow rallies, reflecting broad risk-on sentiment that’s lifting industrial names as markets recover. NVIDIA Corp., Caterpillar share gains contribute to Dow’s nearly 800-point rally
• Positive Sentiment: Stocks including Caterpillar jumped after reports of easing Middle East tensions and stabilizing oil prices, a tailwind for industrial demand and equipment spending. Vertiv, Flowserve, EMCOR, Terex, and Caterpillar Shares Are Soaring, What You Need To Know
• Positive Sentiment: Analysts and media are highlighting Caterpillar’s growing exposure to AI/data-center infrastructure (large natural-gas generator business), which supports a re-rating narrative beyond traditional construction equipment. Is Caterpillar (CAT) The Best Data Center Stock in Bill Gates’ Latest Portfolio?
• Neutral Sentiment: A 2025 U.S. corporate tax-law change will lower Caterpillar’s cash tax payments (accelerated deductions) but raise its reported book tax rate — boosting near-term free cash flow while making year-to-year EPS comparisons and tax-rate optics more complex. This affects valuation modelling and financial planning. Caterpillar Tax Shift Boosts Cash While Clouding Earnings Picture For Investors
• Negative Sentiment: Caterpillar experienced sharp intraday weakness recently (a ~4% drop noted on March 30), highlighting volatility tied to geopolitical headlines and macro swings — a risk for short-term holders. Caterpillar (CAT) Registers a Bigger Fall Than the Market: Important Facts to Note
• Negative Sentiment: Earlier volatility came as markets reacted to sharper geopolitical threats (threats to Iran’s energy infrastructure), which can quickly reverse risk appetite and weigh on industrial cyclicals like CAT. Caterpillar, Thermon, Enpro, Methode Electronics, and Mobileye Shares Plummet, What You Need To Know

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.