Caterpillar Inc. $CAT Shares Purchased by K.J. Harrison & Partners Inc

K.J. Harrison & Partners Inc grew its position in shares of Caterpillar Inc. (NYSE:CAT) by 72.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,125 shares of the industrial products company’s stock after acquiring an additional 3,000 shares during the quarter. K.J. Harrison & Partners Inc’s holdings in Caterpillar were worth $3,495,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of CAT. Roberts Glore & Co. Inc. IL lifted its position in Caterpillar by 7.0% in the 3rd quarter. Roberts Glore & Co. Inc. IL now owns 764 shares of the industrial products company’s stock valued at $365,000 after purchasing an additional 50 shares during the last quarter. Catalyst Financial Partners LLC grew its position in Caterpillar by 1.2% in the 3rd quarter. Catalyst Financial Partners LLC now owns 4,691 shares of the industrial products company’s stock worth $2,238,000 after purchasing an additional 55 shares during the last quarter. Hurley Capital LLC increased its stake in shares of Caterpillar by 30.2% in the third quarter. Hurley Capital LLC now owns 336 shares of the industrial products company’s stock valued at $160,000 after purchasing an additional 78 shares during the period. Empirical Asset Management LLC raised its holdings in shares of Caterpillar by 79.8% during the third quarter. Empirical Asset Management LLC now owns 2,670 shares of the industrial products company’s stock valued at $1,274,000 after buying an additional 1,185 shares during the last quarter. Finally, GGM Financials LLC bought a new position in Caterpillar in the 3rd quarter worth approximately $206,000. Institutional investors and hedge funds own 70.98% of the company’s stock.

Key Stories Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Wells Fargo raised its price target on CAT to $870 and kept an “overweight” rating — a sizable upward revision that supports further upside expectations. Wells Fargo price target raise
• Positive Sentiment: Daiwa Securities raised its target to $790, another analyst upgrade adding to bullish analyst momentum. Daiwa price target raise
• Positive Sentiment: Large institutional flows and analyst upgrades remain supportive — recent filings show major fund increases (Norges Bank, Wellington, Capital International, MFS) and some analysts have lifted FY26 estimates.
• Positive Sentiment: Caterpillar expanded its software and services footprint by acquiring Australian mining‑software firm RPMGlobal — strategic for aftermarket/service revenue and digital offerings. RPMGlobal acquisition
• Positive Sentiment: Caterpillar Venture Capital backed ElevenEs’ Series B — a small strategic investment signaling tilt toward tech/commodity‑trading adjacencies. ElevenEs Series B
• Neutral Sentiment: Coverage comparing Caterpillar and Deere highlights divergent recent results; useful competitive context but not an immediate catalyst by itself. CAT vs Deere analysis
• Neutral Sentiment: Market commentary notes a larger diesel genset market and that CAT now trades at a premium valuation (high P/E), increasing sensitivity to any slowdown — contextual, not instantly catalytic. Diesel gensets / valuation
• Negative Sentiment: Short interest jumped ~61% in February to ~10.0M shares (≈2.2% of shares), raising near‑term bearish pressure and potential volatility if shorts cover or add. (Days‑to‑cover ≈2.5.)
• Negative Sentiment: Insider selling: director Rodney Michael Shurman sold 2,278 shares (and had earlier sales), which can be interpreted negatively by some investors even if economically modest. Insider sale filing

Caterpillar Stock Performance

Shares of CAT opened at $766.15 on Thursday. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 0.94. The firm’s 50 day moving average is $660.74 and its 200-day moving average is $559.89. Caterpillar Inc. has a 12-month low of $267.30 and a 12-month high of $789.81. The stock has a market capitalization of $356.48 billion, a P/E ratio of 40.71, a P/E/G ratio of 1.82 and a beta of 1.58.

Caterpillar (NYSE:CAT) last issued its earnings results on Thursday, January 29th. The industrial products company reported $5.16 earnings per share for the quarter, topping analysts’ consensus estimates of $4.67 by $0.49. The firm had revenue of $19.13 billion during the quarter, compared to analysts’ expectations of $17.81 billion. Caterpillar had a net margin of 13.14% and a return on equity of 45.76%. The firm’s revenue for the quarter was up 17.9% compared to the same quarter last year. During the same period last year, the firm posted $5.14 earnings per share. Equities research analysts anticipate that Caterpillar Inc. will post 19.86 EPS for the current fiscal year.

Caterpillar Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, February 19th. Stockholders of record on Tuesday, January 20th were given a dividend of $1.51 per share. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a $6.04 dividend on an annualized basis and a dividend yield of 0.8%. Caterpillar’s payout ratio is 32.09%.

Insider Buying and Selling at Caterpillar

In related news, insider Rodney Michael Shurman sold 2,278 shares of the stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $759.61, for a total value of $1,730,391.58. Following the completion of the transaction, the insider owned 1,443 shares in the company, valued at $1,096,117.23. This trade represents a 61.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Denise C. Johnson sold 39,138 shares of the business’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $681.08, for a total value of $26,656,109.04. Following the sale, the insider owned 43,350 shares in the company, valued at approximately $29,524,818. The trade was a 47.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 143,450 shares of company stock valued at $98,245,065 over the last 90 days. 0.33% of the stock is owned by insiders.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Evercore lifted their target price on Caterpillar from $476.00 to $630.00 and gave the company an “outperform” rating in a research note on Monday, November 17th. DA Davidson lifted their price objective on shares of Caterpillar from $569.00 to $650.00 and gave the company a “neutral” rating in a research note on Monday, February 2nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Caterpillar in a research report on Monday, December 29th. Morgan Stanley boosted their price target on shares of Caterpillar from $400.00 to $425.00 and gave the stock an “underweight” rating in a research report on Tuesday, February 3rd. Finally, Wolfe Research increased their price objective on shares of Caterpillar from $470.00 to $670.00 and gave the company an “outperform” rating in a report on Friday, January 2nd. Sixteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $712.52.

Caterpillar Profile

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.