Caterpillar Inc. $CAT Shares Acquired by Plancorp LLC

Plancorp LLC lifted its stake in shares of Caterpillar Inc. (NYSE:CAT) by 27.8% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 3,570 shares of the industrial products company’s stock after buying an additional 777 shares during the quarter. Plancorp LLC’s holdings in Caterpillar were worth $3,802,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Welch Financial Planning LLC bought a new stake in Caterpillar in the second quarter valued at about $429,000. Wealth Advisors Northwest LLC bought a new position in Caterpillar during the 2nd quarter worth approximately $318,000. QRG Capital Management Inc. lifted its holdings in Caterpillar by 12.6% during the 2nd quarter. QRG Capital Management Inc. now owns 108,049 shares of the industrial products company’s stock worth $115,062,000 after buying an additional 12,132 shares during the last quarter. B. Riley Wealth Advisors Inc. grew its position in shares of Caterpillar by 1.2% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 6,835 shares of the industrial products company’s stock worth $7,062,000 after acquiring an additional 84 shares in the last quarter. Finally, Hoese & Co LLP bought a new stake in shares of Caterpillar in the 2nd quarter valued at approximately $346,000. 70.98% of the stock is currently owned by institutional investors and hedge funds.

Caterpillar Trading Up 0.3%

NYSE:CAT opened at $856.82 on Friday. Caterpillar Inc. has a 12-month low of $405.46 and a 12-month high of $1,073.46. The firm has a market capitalization of $393.85 billion, a P/E ratio of 36.87, a P/E/G ratio of 1.53 and a beta of 1.60. The company has a debt-to-equity ratio of 1.65, a current ratio of 1.37 and a quick ratio of 0.85. The business has a 50 day simple moving average of $915.09 and a 200 day simple moving average of $826.53.

Caterpillar (NYSE:CAT) last issued its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $8.17 EPS for the quarter, topping analysts’ consensus estimates of $6.22 by $1.95. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%.The firm had revenue of $20.54 billion during the quarter, compared to the consensus estimate of $19.34 billion. During the same period in the prior year, the business earned $4.72 EPS. The firm’s revenue was up 23.7% on a year-over-year basis. Equities research analysts predict that Caterpillar Inc. will post 26.56 EPS for the current year.

Caterpillar Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Monday, July 20th will be given a dividend of $1.63 per share. This is an increase from Caterpillar’s previous quarterly dividend of $1.51. This represents a $6.52 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Monday, July 20th. Caterpillar’s payout ratio is currently 28.06%.

Key Stories Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar ended the second quarter with a record $72 billion backlog, signaling sustained demand for heavy equipment and supporting the company’s upgraded 2026 sales outlook. Growth is reportedly broad-based across major business segments. CAT Ends Q2 With Record Backlog: Is Demand Momentum Here to Stay?
• Positive Sentiment: Zacks Research upgraded CAT from “hold” to “strong-buy,” adding to the favorable analyst sentiment surrounding the shares. The company’s average brokerage recommendation is also equivalent to “buy.” Zacks Research rating
• Positive Sentiment: The company’s latest quarterly results provide fundamental support: Caterpillar reported revenue of $20.54 billion, up 23.7% year over year, and earnings of $8.17 per share, well above consensus expectations.
• Neutral Sentiment: Analysts remain cautiously optimistic. Caterpillar has outperformed the broader market over the past year, but consensus views already anticipate that the recent revenue boom will moderate. Do Wall Street Analysts Like Caterpillar Stock?
• Negative Sentiment: One analysis argues that Caterpillar’s elevated valuation will depend increasingly on margin improvement rather than continued backlog growth. If revenue growth fades without stronger profitability, the stock’s valuation could remain difficult to justify. Caterpillar’s Falling Multiple Rests On Margin, Not Its Backlog
• Negative Sentiment: The bullish brokerage consensus may be less informative because sell-side analysts often issue overly optimistic recommendations. Investors may therefore focus more on execution, margins and backlog conversion than on the average rating alone. Brokers Suggest Investing in Caterpillar

Analysts Set New Price Targets

Several research firms recently issued reports on CAT. Royal Bank Of Canada upped their price target on Caterpillar from $877.00 to $897.00 and gave the company a “sector perform” rating in a research report on Wednesday, August 5th. Bank of America lifted their price objective on shares of Caterpillar from $930.00 to $989.00 and gave the stock a “buy” rating in a report on Friday, May 1st. JPMorgan Chase & Co. boosted their target price on shares of Caterpillar from $1,125.00 to $1,165.00 and gave the company an “overweight” rating in a research note on Wednesday, June 17th. Oppenheimer restated an “outperform” rating and issued a $1,118.00 price target on shares of Caterpillar in a research report on Tuesday, August 4th. Finally, Robert W. Baird set a $970.00 price target on shares of Caterpillar in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, Caterpillar presently has an average rating of “Moderate Buy” and a consensus price target of $995.52.

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.