Weekly Analysts’ Ratings Updates for Caterpillar (CAT)

Caterpillar (NYSE: CAT) recently received a number of ratings updates from brokerages and research firms:

• 7/2/2026 – Caterpillar had its price target raised by Truist Financial Corporation from $1,043.00 to $1,218.00. They now have a “buy” rating on the stock.
• 6/26/2026 – Caterpillar had its price target raised by Robert W. Baird from $1,165.00 to $1,200.00. They now have an “outperform” rating on the stock.
• 6/23/2026 – Caterpillar had its price target raised by Wells Fargo & Company from $1,050.00 to $1,155.00. They now have an “overweight” rating on the stock.
• 6/17/2026 – Caterpillar had its price target raised by JPMorgan Chase & Co. from $1,125.00 to $1,165.00. They now have an “overweight” rating on the stock.
• 6/8/2026 – Caterpillar was upgraded by Zacks Research from “hold” to “strong-buy”.
• 6/2/2026 – Caterpillar had its “neutral” rating reaffirmed by UBS Group AG. They now have a $900.00 price target on the stock.
• 5/14/2026 – Caterpillar had its price target raised by Rothschild & Co Redburn from $700.00 to $950.00. They now have a “neutral” rating on the stock.
• 5/11/2026 – Caterpillar had its “outperform” rating reaffirmed by Evercore Inc. They now have a $1,103.00 price target on the stock.
• 5/11/2026 – Caterpillar had its price target raised by Evercore Inc from $878.00 to $1,103.00.

Caterpillar Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Monday, July 20th will be issued a $1.63 dividend. This is a boost from Caterpillar’s previous quarterly dividend of $1.51. The ex-dividend date is Monday, July 20th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 0.7%. Caterpillar’s payout ratio is presently 30.06%.

Insider Activity

In related news, insider Lange Bob De sold 24,222 shares of the stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $922.92, for a total value of $22,354,968.24. Following the completion of the transaction, the insider owned 86,029 shares of the company’s stock, valued at approximately $79,397,884.68. This trade represents a 21.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Anthony D. Fassino sold 16,283 shares of Caterpillar stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $916.80, for a total value of $14,928,254.40. Following the completion of the transaction, the insider owned 46,041 shares of the company’s stock, valued at approximately $42,210,388.80. This represents a 26.13% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 95,773 shares of company stock worth $87,642,635. 0.33% of the stock is owned by insiders.

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.