Caterpillar Inc. $CAT Stock: Searle & CO. Lowers Holdings

Searle & CO. reduced its position in Caterpillar Inc. (NYSE:CAT) by 4.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 19,375 shares of the industrial products company’s stock after selling 1,000 shares during the period. Caterpillar accounts for about 3.7% of Searle & CO.’s portfolio, making the stock its 4th biggest position. Searle & CO.’s holdings in Caterpillar were worth $15,709,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also made changes to their positions in the business. Stonebridge Financial Group LLC raised its stake in Caterpillar by 0.7% in the second quarter. Stonebridge Financial Group LLC now owns 1,635 shares of the industrial products company’s stock valued at $1,741,000 after buying an additional 11 shares during the last quarter. Inspirion Wealth Advisors LLC grew its stake in shares of Caterpillar by 1.2% during the second quarter. Inspirion Wealth Advisors LLC now owns 944 shares of the industrial products company’s stock worth $936,000 after acquiring an additional 11 shares during the last quarter. Bell Bank grew its stake in shares of Caterpillar by 0.6% during the second quarter. Bell Bank now owns 1,865 shares of the industrial products company’s stock worth $1,986,000 after acquiring an additional 11 shares during the last quarter. Cornerstone Advisory LLC increased its holdings in shares of Caterpillar by 0.7% during the first quarter. Cornerstone Advisory LLC now owns 1,818 shares of the industrial products company’s stock valued at $1,288,000 after acquiring an additional 12 shares in the last quarter. Finally, Harbor Investment Advisory LLC increased its holdings in shares of Caterpillar by 0.6% during the second quarter. Harbor Investment Advisory LLC now owns 2,057 shares of the industrial products company’s stock valued at $2,190,000 after acquiring an additional 13 shares in the last quarter. 70.98% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director C Jr purchased 1,000 shares of the business’s stock in a transaction that occurred on Monday, November 2nd. The stock was bought at an average price of $620.39 per share, with a total value of $620,390.00. Following the acquisition, the director owned 4,714 shares in the company, valued at $2,924,518.46. The trade was a 26.93% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Joseph E. Creed sold 32,401 shares of the company’s stock in a transaction 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 transaction, the chief executive officer owned 34,555 shares of the company’s stock, valued at $27,954,303.90. This represents a 48.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.33% of the stock is currently owned by company insiders.

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Anthropic reportedly agreed to take over a $3.4 billion order for 1.7 gigawatts of Caterpillar gas generators originally placed by OnePWR. The deal highlights AI-related demand for power equipment and could support Caterpillar’s Power & Energy business, although it is a transfer of an existing order rather than necessarily an entirely new one. Article: Caterpillar Stocks Jump as Anthropic Takes Over Generator Order
• Positive Sentiment: Caterpillar reported record third-quarter revenue and net income, reaffirmed expectations for moderate fourth-quarter sales growth, and forecast full-year 2026 revenue growth in the mid-to-high teens. These results and guidance provide a strong operating backdrop for the stock. Article: How AI Power Order Will Impact Caterpillar Investors
• Positive Sentiment: A report says Caterpillar is among stocks insiders are buying after the recent market sell-off, which may bolster investor confidence, though the headline does not provide details on the purchases. Article: Caterpillar Among Names Insiders Are Loading Up On
• Neutral Sentiment: The recent rebound following the generator-order news may leave shares vulnerable to profit-taking. Michael Burry reportedly trimmed his bearish options position, but that change in one investor’s trade is not a fundamental indicator. Article: Michael Burry Trims Caterpillar Bearish Bet

Caterpillar Trading Down 2.4%

Caterpillar stock opened at $584.28 on Wednesday. The firm has a market cap of $267.36 billion, a PE ratio of 22.92, a P/E/G ratio of 1.04 and a beta of 1.65. Caterpillar Inc. has a 12 month low of $537.08 and a 12 month high of $1,073.46. The stock’s 50 day simple moving average is $751.89 and its two-hundred day simple moving average is $805.68. The company has a current ratio of 1.42, a quick ratio of 0.88 and a debt-to-equity ratio of 1.50.

Caterpillar (NYSE:CAT) last released its quarterly earnings data on Thursday, October 29th. The industrial products company reported $7.20 earnings per share for the quarter, beating analysts’ consensus estimates of $7.06 by $0.14. Caterpillar had a net margin of 15.21% and a return on equity of 59.87%. The company had revenue of $20.68 billion during the quarter, compared to analysts’ expectations of $20.76 billion. During the same quarter in the previous year, the company earned $4.95 earnings per share. The firm’s revenue for the quarter was up 17.3% on a year-over-year basis. Analysts anticipate that Caterpillar Inc. will post 27.38 earnings per share for the current year.

Caterpillar Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Monday, October 26th will be paid 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 1.1%. Caterpillar’s dividend payout ratio (DPR) is currently 25.58%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on CAT shares. Wells Fargo & Company lowered their target price on shares of Caterpillar from $1,155.00 to $840.00 and set an “overweight” rating for the company in a research note on Monday, October 26th. Erste Group Bank lowered shares of Caterpillar from a “buy” rating to a “hold” rating in a research note on Monday, July 27th. UBS Group decreased their price target on shares of Caterpillar from $925.00 to $750.00 and set a “neutral” rating for the company in a report on Monday, October 26th. Barclays lifted their price objective on shares of Caterpillar from $800.00 to $900.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 6th. Finally, Morgan Stanley dropped their price objective on shares of Caterpillar from $915.00 to $675.00 and set an “equal weight” rating on the stock in a report on Friday, October 30th. Fifteen investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $898.25.

Caterpillar Company Profile

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.