PFG Advisors Reduces Stake in Caterpillar Inc. $CAT

PFG Advisors cut its stake in Caterpillar Inc. (NYSE:CAT) by 8.0% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,057 shares of the industrial products company’s stock after selling 956 shares during the quarter. PFG Advisors’ holdings in Caterpillar were worth $11,775,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of CAT. Axxcess Wealth Management LLC boosted its holdings in Caterpillar by 2.8% during the 4th quarter. Axxcess Wealth Management LLC now owns 22,420 shares of the industrial products company’s stock valued at $12,844,000 after acquiring an additional 604 shares during the period. Juno Financial Group LLC purchased a new stake in Caterpillar during the fourth quarter worth about $877,000. DSG Capital Advisors LLC acquired a new stake in shares of Caterpillar during the first quarter worth about $1,226,000. Cornerstone Planning LLC purchased a new position in shares of Caterpillar in the fourth quarter valued at approximately $4,517,000. Finally, Ticino Wealth purchased a new position in shares of Caterpillar in the fourth quarter valued at approximately $2,488,000. Institutional investors and hedge funds own 70.98% of the company’s stock.

Caterpillar Trading Up 0.0%

Shares of Caterpillar stock opened at $856.82 on Monday. The company has a current ratio of 1.37, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65. The company has a fifty day simple moving average of $915.09 and a 200-day simple moving average of $827.86. The stock has a market cap of $393.85 billion, a price-to-earnings ratio of 36.87, a PEG ratio of 1.53 and a beta of 1.60. Caterpillar Inc. has a 12-month low of $405.46 and a 12-month high of $1,073.46.

Caterpillar (NYSE:CAT) last announced its quarterly 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 net margin of 14.51% and a return on equity of 55.53%. The firm had revenue of $20.54 billion for the quarter, compared to analyst estimates of $19.34 billion. During the same period last year, the business earned $4.72 EPS. Caterpillar’s revenue for the quarter was up 23.7% compared to the same quarter last year. On average, equities analysts forecast that Caterpillar Inc. will post 26.56 EPS for the current fiscal year.

Caterpillar Increases Dividend

The company 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 represents a $6.52 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, July 20th. This is an increase from Caterpillar’s previous quarterly dividend of $1.51. Caterpillar’s dividend payout ratio (DPR) is presently 28.06%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on CAT shares. Oppenheimer reaffirmed an “outperform” rating and set a $1,118.00 target price on shares of Caterpillar in a research note on Tuesday, August 4th. Erste Group Bank cut shares of Caterpillar from a “buy” rating to a “hold” rating in a research report on Monday, July 27th. Evercore restated an “outperform” rating and issued a $1,103.00 price target on shares of Caterpillar in a research note on Monday, May 11th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $1,002.00 price objective on shares of Caterpillar in a research note on Wednesday, August 5th. Finally, HSBC lifted their target price on Caterpillar from $850.00 to $1,100.00 in a report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $995.52.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar ended the second quarter with a record $72 billion backlog, signaling sustained demand for heavy equipment and supporting the company’s upgraded 2026 sales outlook. Growth is reportedly broad-based across major business segments. CAT Ends Q2 With Record Backlog: Is Demand Momentum Here to Stay?
• Positive Sentiment: Zacks Research upgraded CAT from “hold” to “strong-buy,” adding to the favorable analyst sentiment surrounding the shares. The company’s average brokerage recommendation is also equivalent to “buy.” Zacks Research rating
• Positive Sentiment: The company’s latest quarterly results provide fundamental support: Caterpillar reported revenue of $20.54 billion, up 23.7% year over year, and earnings of $8.17 per share, well above consensus expectations.
• Neutral Sentiment: Analysts remain cautiously optimistic. Caterpillar has outperformed the broader market over the past year, but consensus views already anticipate that the recent revenue boom will moderate. Do Wall Street Analysts Like Caterpillar Stock?
• Negative Sentiment: One analysis argues that Caterpillar’s elevated valuation will depend increasingly on margin improvement rather than continued backlog growth. If revenue growth fades without stronger profitability, the stock’s valuation could remain difficult to justify. Caterpillar’s Falling Multiple Rests On Margin, Not Its Backlog
• Negative Sentiment: The bullish brokerage consensus may be less informative because sell-side analysts often issue overly optimistic recommendations. Investors may therefore focus more on execution, margins and backlog conversion than on the average rating alone. Brokers Suggest Investing in Caterpillar

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.