Veracity Capital LLC Increases Stake in Caterpillar Inc. $CAT

Veracity Capital LLC grew its holdings in Caterpillar Inc. (NYSE:CAT) by 56.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,809 shares of the industrial products company’s stock after buying an additional 1,012 shares during the quarter. Caterpillar makes up 0.6% of Veracity Capital LLC’s portfolio, making the stock its 26th largest position. Veracity Capital LLC’s holdings in Caterpillar were worth $2,278,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Lam Group Inc. bought a new stake in shares of Caterpillar during the first quarter worth $26,000. Decker Retirement Planning Inc. boosted its holdings in Caterpillar by 440.0% in the second quarter. Decker Retirement Planning Inc. now owns 27 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 22 shares during the last quarter. Cornerstone Financial Management LLC acquired a new stake in Caterpillar in the fourth quarter worth about $32,000. Matrix Trust Co raised its holdings in Caterpillar by 93.8% during the 2nd quarter. Matrix Trust Co now owns 31 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 15 shares during the last quarter. Finally, Monetary Solutions Ltd bought a new stake in Caterpillar during the 4th quarter worth about $35,000. Institutional investors and hedge funds own 70.98% of the company’s stock.

Caterpillar Stock Performance

Caterpillar stock traded down $16.70 during midday trading on Thursday, reaching $797.13. 1,399,390 shares of the company’s stock were exchanged, compared to its average volume of 2,813,179. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 1.37. The stock’s 50-day simple moving average is $822.83 and its 200 day simple moving average is $853.15. The firm has a market cap of $366.42 billion, a price-to-earnings ratio of 34.30, a P/E/G ratio of 1.49 and a beta of 1.58. Caterpillar Inc. has a 52 week low of $491.30 and a 52 week high of $1,073.46.

Caterpillar (NYSE:CAT) last issued its earnings results on Tuesday, August 4th. The industrial products company reported $8.17 EPS for the quarter, topping the consensus estimate of $6.22 by $1.95. The company had revenue of $20.54 billion during the quarter, compared to the consensus estimate of $19.34 billion. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%.The firm’s revenue for the quarter was up 23.7% compared to the same quarter last year. During the same period in the previous year, the company posted $4.72 EPS. On average, analysts expect that Caterpillar Inc. will post 27.5 earnings per share for the current fiscal year.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analysts raised earnings estimates: Zacks increased its forecasts across fiscal 2026–2028, including FY2026 EPS to $27.36, FY2027 to $32.44 and FY2028 to $39.15. The revisions suggest continued confidence in Caterpillar’s backlog, pricing power and demand outlook. Zacks Research earnings estimates
• Positive Sentiment: $1 billion North Carolina investment: Caterpillar plans to expand Cat Compact manufacturing capacity with automation, advanced technology and digital systems. The investment supports U.S. production and could help the company meet customer demand, although it also represents a substantial capital commitment. Caterpillar North Carolina manufacturing expansion
• Positive Sentiment: Potential growth beyond traditional construction: Commentary highlighted Caterpillar’s role in supplying power-related equipment for data centers, offering an additional long-term demand driver. Caterpillar data-center opportunity
• Neutral Sentiment: Possible technical rebound: Analysts are watching a key trendline after CAT fell below its 50-day simple moving average. A successful hold could attract dip buyers, but a breakdown would reinforce near-term weakness. Caterpillar key trendline analysis
• Neutral Sentiment: Analyst views are mixed: Zacks maintained a “Hold” rating despite raising estimates, while other commentary characterized the pullback as a potential buying opportunity. CAT’s elevated valuation makes sustained earnings growth important.
• Negative Sentiment: Higher borrowing costs are pressuring heavy-equipment stocks: Elevated long-term yields can reduce customers’ ability to finance large machinery purchases and weigh on Caterpillar’s valuation. Industrial-sector selloff and higher yields
• Negative Sentiment: Regulatory scrutiny continues: FTC and USDA requests for information on the farm-equipment market are adding uncertainty for Caterpillar and peers. FTC and USDA farm-equipment inquiry
• Negative Sentiment: Truist lowered its price target from $1,225 to $1,100, reinforcing cautious sentiment even though the revised target remains above recent trading levels. Truist Caterpillar price-target cut

Insider Transactions at Caterpillar

In other news, CEO Joseph E. Creed sold 32,401 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $808.98, for a total transaction of $26,211,760.98. Following the completion of the sale, the chief executive officer owned 34,555 shares in the company, valued at $27,954,303.90. The trade was a 48.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.33% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms recently weighed in on CAT. Sanford C. Bernstein reissued a “market perform” rating and set a $1,002.00 price target on shares of Caterpillar in a research note on Wednesday, August 5th. Barclays increased their price target on Caterpillar from $800.00 to $900.00 and gave the company an “equal weight” rating in a research note on Thursday, August 6th. DA Davidson upped their price objective on Caterpillar from $845.00 to $882.00 and gave the company a “neutral” rating in a report on Thursday, August 6th. UBS Group increased their target price on Caterpillar from $900.00 to $925.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Finally, Truist Financial decreased their target price on Caterpillar from $1,225.00 to $1,100.00 and set a “buy” rating for the company in a research report on Monday. Fifteen investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $989.17.

Caterpillar Company Profile

Caterpillar Inc is a global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Its products are used in infrastructure development, construction, mining, energy production, transportation, agriculture, forestry, and other industrial applications.

The company markets equipment and related services through a worldwide network of independent dealers. Its operations are generally organized around Construction Industries, Resource Industries, and Energy & Transportation.