CGN Advisors LLC Sells 953 Shares of Caterpillar Inc. $CAT

CGN Advisors LLC decreased its position in shares of Caterpillar Inc. (NYSE:CAT) by 20.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,662 shares of the industrial products company’s stock after selling 953 shares during the period. CGN Advisors LLC’s holdings in Caterpillar were worth $3,899,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Lam Group Inc. purchased a new stake in shares of Caterpillar during the 1st quarter valued at $26,000. Torren Management LLC acquired a new stake in shares of Caterpillar in the 4th quarter worth $27,000. Frazier Financial Advisors LLC grew its stake in Caterpillar by 220.0% during the 4th quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company’s stock worth $28,000 after buying an additional 33 shares during the last quarter. Cornerstone Financial Management LLC acquired a new position in Caterpillar during the 4th quarter valued at about $32,000. Finally, Monetary Solutions Ltd purchased a new stake in Caterpillar in the fourth quarter valued at about $35,000. 70.98% of the stock is currently owned by institutional investors and hedge funds.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Record quarterly results: Second-quarter sales and revenues rose 24% year over year to $20.5 billion, Caterpillar’s first quarter above $20 billion. Adjusted profit per share was $8.17, well above the roughly $6.22 analyst consensus, while reported profit per share was $7.77 versus $4.62 a year earlier. Caterpillar Reports Second-Quarter 2026 Results
• Positive Sentiment: AI infrastructure demand remains a major catalyst: Strong orders for power-generation equipment, engines and generators supporting data centers helped drive earnings growth. Construction and mining equipment demand also contributed to higher volume and pricing. Caterpillar lifts 2026 sales growth target on strong data center demand after quarterly profit beat
• Positive Sentiment: Upgraded outlook and broadening momentum: Management now expects full-year revenue growth in the mid-to-high teens, improving on its previous low-double-digit forecast. The company also highlighted a record order backlog and strength across multiple end markets. Caterpillar Stock Jumps, Lifting Dow, as Company Sees Broadening Momentum
• Positive Sentiment: Shareholder returns support sentiment: Caterpillar deployed $2.2 billion for dividends and share repurchases during the quarter, underscoring strong cash generation.
• Neutral Sentiment: Investor considerations: CAT’s valuation is elevated after the rally, and future performance remains exposed to the cyclicality of construction and mining markets as well as the sustainability of AI data-center spending. The earnings call’s emphasis on “broadening momentum” helps offset, but does not eliminate, those risks. Caterpillar Q2 2026 Earnings Call Transcript

Wall Street Analysts Forecast Growth

CAT has been the topic of a number of research analyst reports. Jefferies Financial Group boosted their price target on Caterpillar from $900.00 to $1,045.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Oppenheimer reaffirmed an “outperform” rating and issued a $1,118.00 price objective on shares of Caterpillar in a research report on Tuesday. Rothschild & Co Redburn lifted their target price on shares of Caterpillar from $700.00 to $950.00 and gave the stock a “neutral” rating in a research note on Thursday, May 14th. Robert W. Baird restated a “neutral” rating and set a $900.00 price target (down from $1,200.00) on shares of Caterpillar in a research note on Wednesday, July 29th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Caterpillar in a report on Friday, May 8th. Thirteen investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $966.90.

Insiders Place Their Bets

In other Caterpillar news, CAO William E. Schaupp sold 360 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $906.00, for a total value of $326,160.00. Following the sale, the chief accounting officer owned 530 shares in the company, valued at approximately $480,180. This represents a 40.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Denise C. Johnson sold 12,605 shares of Caterpillar stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $907.91, for a total transaction of $11,444,205.55. Following the transaction, the insider directly owned 49,825 shares of the company’s stock, valued at approximately $45,236,615.75. This trade represents a 20.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 35,444 shares of company stock worth $32,335,679. Corporate insiders own 0.33% of the company’s stock.

Caterpillar Price Performance

NYSE:CAT opened at $879.99 on Wednesday. The firm’s fifty day moving average is $922.93 and its two-hundred day moving average is $815.89. The firm has a market cap of $405.31 billion, a price-to-earnings ratio of 43.80, a PEG ratio of 1.62 and a beta of 1.60. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.81 and a current ratio of 1.35. Caterpillar Inc. has a one year low of $405.46 and a one year high of $1,073.46.

Caterpillar (NYSE:CAT) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share for the quarter, beating analysts’ consensus estimates of $6.22 by $1.95. Caterpillar had a return on equity of 48.21% and a net margin of 13.33%.The business had revenue of $20.54 billion during the quarter, compared to analyst estimates of $19.34 billion. During the same quarter last year, the business posted $4.72 EPS. The company’s revenue was up 23.7% on a year-over-year basis. Research analysts expect that Caterpillar Inc. will post 24.87 EPS for the current year.

Caterpillar Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Monday, July 20th will be issued a $1.63 dividend. The ex-dividend date of this dividend is Monday, July 20th. This is a boost from Caterpillar’s previous quarterly dividend of $1.51. This represents a $6.52 dividend on an annualized basis and a yield of 0.7%. Caterpillar’s dividend payout ratio is presently 32.45%.

About Caterpillar

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.