Beacon Investment Advisory Services Inc. Cuts Stake in Caterpillar Inc. $CAT

Beacon Investment Advisory Services Inc. lessened its stake in shares of Caterpillar Inc. (NYSE:CAT) by 3.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 50,514 shares of the industrial products company’s stock after selling 1,822 shares during the quarter. Caterpillar accounts for 2.0% of Beacon Investment Advisory Services Inc.’s investment portfolio, making the stock its 13th biggest position. Beacon Investment Advisory Services Inc.’s holdings in Caterpillar were worth $53,792,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of the stock. Lam Group Inc. purchased a new stake in shares of Caterpillar during the first quarter valued at approximately $26,000. Torren Management LLC purchased a new position in shares of Caterpillar in the fourth quarter valued at $27,000. Frazier Financial Advisors LLC grew its holdings in Caterpillar by 220.0% during the 4th quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 33 shares in the last quarter. Cedar Mountain Advisors LLC increased its stake in Caterpillar by 82.1% during the 1st quarter. Cedar Mountain Advisors LLC now owns 51 shares of the industrial products company’s stock worth $36,000 after buying an additional 23 shares during the period. Finally, Cornerstone Financial Management LLC acquired a new position in Caterpillar in the 4th quarter worth $32,000. Institutional investors and hedge funds own 70.98% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on CAT. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Caterpillar in a research report on Wednesday. Barclays raised their price objective on Caterpillar from $800.00 to $900.00 and gave the company an “equal weight” rating in a research note on Thursday. UBS Group increased their target price on Caterpillar from $900.00 to $925.00 and gave the company a “neutral” rating in a research note on Wednesday. Evercore reissued an “outperform” rating and set a $1,103.00 price target on shares of Caterpillar in a research report on Monday, May 11th. Finally, Oppenheimer restated an “outperform” rating and issued a $1,118.00 price target on shares of Caterpillar in a research note on Tuesday. Thirteen investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $995.52.

Insiders Place Their Bets

In other news, insider Denise C. Johnson sold 12,605 shares of Caterpillar stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $907.91, for a total value of $11,444,205.55. Following the completion of the transaction, the insider directly owned 49,825 shares of the company’s stock, valued at approximately $45,236,615.75. The trade was a 20.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CAO William E. Schaupp sold 360 shares of the business’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $906.00, for a total transaction of $326,160.00. Following the sale, the chief accounting officer directly owned 530 shares of the company’s stock, valued at approximately $480,180. This represents a 40.45% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 35,444 shares of company stock valued at $32,335,679 over the last 90 days. 0.33% of the stock is owned by company insiders.

Caterpillar Trading Down 1.5%

Shares of NYSE CAT opened at $844.52 on Friday. The company has a quick ratio of 0.81, a current ratio of 1.37 and a debt-to-equity ratio of 1.65. The stock’s 50 day moving average price is $921.04 and its two-hundred day moving average price is $819.15. Caterpillar Inc. has a 52-week low of $405.46 and a 52-week high of $1,073.46. The stock has a market capitalization of $388.20 billion, a P/E ratio of 36.34, a PEG ratio of 1.57 and a beta of 1.60.

Caterpillar (NYSE:CAT) last issued its earnings results on Tuesday, August 4th. The industrial products company reported $8.17 EPS for the quarter, topping the consensus estimate of $6.22 by $1.95. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%.The company had revenue of $20.54 billion during the quarter, compared to analyst estimates of $19.34 billion. During the same quarter last year, the firm earned $4.72 EPS. The business’s revenue was up 23.7% on a year-over-year basis. On average, analysts anticipate that Caterpillar Inc. will post 25.84 earnings per share for the current fiscal year.

Caterpillar Increases Dividend

The firm also recently disclosed 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. 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 0.8%. The ex-dividend date of this dividend is Monday, July 20th. Caterpillar’s dividend payout ratio is presently 28.06%.

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: AI data-center demand is emerging as a major growth driver. Caterpillar is expanding power-generation capacity to supply electricity for power-intensive hyperscale data centers. Jim Cramer highlighted the company’s generators as a key reason CAT has outperformed Deere, while other coverage described the AI infrastructure opportunity as still in its early stages. Jim Cramer Shares Key Reason Why Caterpillar’s Shares Are Higher Than Deere’s CAT Stock Alert: Caterpillar’s AI Infrastructure Boom Is Just Getting Started
• Positive Sentiment: A new hyperscaler infrastructure agreement reinforces the opportunity. Energy Vault announced a planned 1.25-gigawatt deployment of integrated power infrastructure for an AI data center, using Caterpillar generator sets through a power-generation engineering, procurement and construction partner. The agreement provides additional evidence that CAT’s energy products can benefit from data-center construction. Energy Vault Announces Strategic Agreement for Hyperscaler AI Data Center Infrastructure
• Positive Sentiment: Recent earnings and guidance remain powerful catalysts. Caterpillar reported quarterly EPS of $8.17 versus the $6.22 consensus and revenue of $20.54 billion versus expectations of $19.34 billion. Revenue increased 23.7% year over year, and the company raised its 2026 sales-growth outlook as AI-related construction demand continued. Caterpillar Lifts 2026 Sales Growth Forecast as AI Buildout Powers On
• Neutral Sentiment: Analyst sentiment is supportive but not uniformly aggressive: Caterpillar carries an average “Moderate Buy” rating, and Truist expects further upside. Coverage also notes CAT has outperformed industrial-products peers this year, although much of that optimism may already be reflected in the share price. Caterpillar Receives Moderate Buy Rating
• Negative Sentiment: Profit-taking and valuation are weighing on the stock. CAT has more than doubled from its 12-month low and trades at roughly 36 times earnings, leaving investors vulnerable to consolidation after the post-earnings surge. A pullback after the rally may therefore reflect high expectations rather than a new negative company announcement.

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.