Caterpillar Inc. $CAT Stock Bought by Elite Wealth Management Inc.

Elite Wealth Management Inc. grew its position in Caterpillar Inc. (NYSE:CAT) by 113.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,406 shares of the industrial products company’s stock after purchasing an additional 5,524 shares during the period. Caterpillar makes up 1.6% of Elite Wealth Management Inc.’s holdings, making the stock its 16th largest position. Elite Wealth Management Inc.’s holdings in Caterpillar were worth $8,437,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. M Holdings Securities Inc. purchased a new position in shares of Caterpillar during the third quarter worth $5,201,000. Brighton Jones LLC boosted its holdings in Caterpillar by 7.6% in the third quarter. Brighton Jones LLC now owns 11,668 shares of the industrial products company’s stock valued at $9,460,000 after purchasing an additional 827 shares during the last quarter. Candriam S.C.A. boosted its holdings in Caterpillar by 4.5% in the third quarter. Candriam S.C.A. now owns 40,319 shares of the industrial products company’s stock valued at $32,810,000 after purchasing an additional 1,740 shares during the last quarter. Cullinan Associates Inc. grew its position in Caterpillar by 0.6% during the 3rd quarter. Cullinan Associates Inc. now owns 15,224 shares of the industrial products company’s stock worth $12,343,000 after purchasing an additional 96 shares during the period. Finally, Ethic Inc. raised its stake in shares of Caterpillar by 0.7% during the 3rd quarter. Ethic Inc. now owns 60,391 shares of the industrial products company’s stock valued at $48,964,000 after buying an additional 410 shares during the last quarter. 70.98% of the stock is owned by institutional investors and hedge funds.

Caterpillar Stock Up 0.1%

CAT opened at $559.32 on Monday. The company has a fifty day moving average of $760.19 and a two-hundred day moving average of $806.23. The stock has a market capitalization of $255.94 billion, a price-to-earnings ratio of 21.94, a PEG ratio of 0.97 and a beta of 1.65. Caterpillar Inc. has a fifty-two week low of $537.08 and a fifty-two week high of $1,073.46. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.88 and a current ratio of 1.42.

Caterpillar (NYSE:CAT) last posted its earnings results on Thursday, October 29th. The industrial products company reported $7.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.06 by $0.14. Caterpillar had a net margin of 15.21% and a return on equity of 59.87%. The business had revenue of $20.68 billion for the quarter, compared to analyst estimates of $20.76 billion. During the same period in the prior year, the company posted $4.95 EPS. The company’s revenue for the quarter was up 17.3% on a year-over-year basis. On average, research analysts expect that Caterpillar Inc. will post 27.39 earnings per share for the current year.

Caterpillar Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Monday, October 26th will be issued a $1.63 dividend. The ex-dividend date of this dividend is Monday, October 26th. This represents a $6.52 dividend on an annualized basis and a yield of 1.2%. Caterpillar’s dividend payout ratio is presently 25.58%.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Strong results and backlog support the outlook. Caterpillar’s third-quarter earnings beat estimates, while its $78.1 billion backlog, stronger cash flow and expanding margins point to solid demand. The company is also expanding capacity to meet power-generation demand. Article: CAT Shares Fall Despite Q3 Earnings Beat
• Neutral Sentiment: Upcoming investor event. Construction Industries Group President Rod Shurman is scheduled to take part in a Bernstein-hosted fireside chat on Nov. 17; no new financial guidance was announced. Article: Caterpillar executive to participate in Bernstein fireside chat
• Negative Sentiment: AI-trade selling and valuation concerns weigh on the stock. Investors have been selling Caterpillar alongside other industrial companies amid worries that AI-related investment could slow. The market increasingly treats CAT as a data-center power play, exposing it to shifts in sentiment even though power generation accounted for about 15% of 2025 sales. Article: AI selloff spreads to industrials
• Negative Sentiment: Execution and cyclical risks remain. Reports cite orders falling, dealers trimming inventories, and tariffs, manufacturing costs and production constraints pressuring margins. Morgan Stanley also cut its price target by 26% after earnings, highlighting the risk of a cyclical test despite the backlog. Article: Morgan Stanley cuts Caterpillar price target

Analysts Set New Price Targets

Several brokerages have recently issued reports on CAT. Weiss Ratings cut Caterpillar from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, October 29th. Oppenheimer reaffirmed an “outperform” rating and set a $1,009.00 target price on shares of Caterpillar in a report on Thursday, October 29th. Sanford C. Bernstein reiterated a “market perform” rating and set a $749.00 price target on shares of Caterpillar in a research report on Wednesday, October 14th. Erste Group Bank downgraded Caterpillar from a “buy” rating to a “hold” rating in a report on Monday, July 27th. Finally, Robert W. Baird set a $970.00 price target on Caterpillar in a report on Wednesday, August 5th. Fifteen equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $898.25.

Insider Transactions at Caterpillar

In other Caterpillar news, Director James C. Fish, Jr. acquired 1,000 shares of the company’s stock in a transaction on Monday, November 2nd. The shares were bought at an average cost of $620.39 per share, with a total value of $620,390.00. Following the completion of the acquisition, the director owned 4,714 shares in the company, valued at approximately $2,924,518.46. This trade represents a 26.93% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Joseph Creed sold 32,401 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $808.98, for a total value of $26,211,760.98. Following the completion of the sale, the chief executive officer owned 34,555 shares of the company’s stock, valued at $27,954,303.90. This trade represents a 48.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.33% of the company’s stock.

About Caterpillar

Caterpillar Inc is a global manufacturer of construction and mining equipment, engines, turbines, and related products and services. Its offerings include earthmoving and material-handling machines, diesel and natural gas engines, power-generation systems, and equipment and technologies used in mining and transportation. The company’s products are commonly sold under the Cat brand.

Caterpillar serves customers in markets around the world through a network of independent dealers. Its businesses also provide parts, maintenance, equipment rental, and other support services, as well as financing and insurance through its financial services operations.

The company was formed in 1925 through the merger of the Holt Manufacturing Company and the C.