Caterpillar Inc. $CAT Shares Acquired by MGO One Seven LLC

MGO One Seven LLC increased its position in shares of Caterpillar Inc. (NYSE:CAT) by 52.2% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 27,137 shares of the industrial products company’s stock after buying an additional 9,310 shares during the period. MGO One Seven LLC’s holdings in Caterpillar were worth $22,003,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in CAT. BlackRock Inc. purchased a new stake in shares of Caterpillar during the second quarter worth about $40,457,153,000. Bank of America Corp DE acquired a new position in shares of Caterpillar in the second quarter worth about $5,818,150,000. Bank of New York Mellon Corp acquired a new position in shares of Caterpillar in the second quarter worth about $3,192,710,000. Legal & General Group Plc acquired a new position in shares of Caterpillar in the second quarter worth about $2,783,451,000. Finally, Ascentis Wealth Management LLC boosted its holdings in Caterpillar by 110,539.0% in the second quarter. Ascentis Wealth Management LLC now owns 2,518,143 shares of the industrial products company’s stock valued at $2,711,772,000 after purchasing an additional 2,515,867 shares during the last quarter. Institutional investors and hedge funds own 70.98% of the company’s stock.

Caterpillar Stock Performance

Shares of Caterpillar stock opened at $622.73 on Friday. The firm has a market cap of $286.25 billion, a PE ratio of 24.43, a price-to-earnings-growth ratio of 1.07 and a beta of 1.58. The firm’s 50-day simple moving average is $783.25 and its 200-day simple moving average is $807.52. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.85 and a current ratio of 1.42. Caterpillar Inc. has a 1 year low of $537.08 and a 1 year high of $1,073.46.

Caterpillar (NYSE:CAT) last issued its quarterly earnings results on Thursday, October 29th. The industrial products company reported $7.20 EPS for the quarter, topping the consensus estimate of $7.06 by $0.14. The business had revenue of $20.68 billion for the quarter, compared to analysts’ expectations of $20.76 billion. Caterpillar had a net margin of 15.21% and a return on equity of 59.87%. The company’s quarterly revenue was up 17.3% compared to the same quarter last year. During the same quarter last year, the company posted $4.95 earnings per share. Equities analysts forecast that Caterpillar Inc. will post 27.75 earnings per share for the current fiscal year.

Caterpillar Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 19th. Shareholders of record on Monday, October 26th will be paid a dividend of $1.63 per share. The ex-dividend date is Monday, October 26th. This represents a $6.52 annualized dividend and a yield of 1.0%. Caterpillar’s dividend payout ratio is presently 25.58%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on CAT shares. Wells Fargo & Company lowered their price objective on Caterpillar from $1,155.00 to $840.00 and set an “overweight” rating for the company in a research note on Monday, October 26th. Zacks Research lowered Caterpillar from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. Wall Street Zen cut Caterpillar from a “buy” rating to a “hold” rating in a research note on Saturday. Weiss Ratings downgraded shares of Caterpillar from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday. Finally, Royal Bank Of Canada decreased their price target on shares of Caterpillar from $897.00 to $722.00 and set a “sector perform” rating for the company in a research report on Friday. Fifteen analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $913.96.

Insider Buying and Selling

In other Caterpillar news, CEO Joseph E. Creed sold 32,401 shares of the stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $808.98, for a total transaction of $26,211,760.98. Following the transaction, the chief executive officer owned 34,555 shares of the company’s stock, valued at $27,954,303.90. This trade represents a 48.39% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.33% of the stock is currently owned by corporate insiders.

Key Stories Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar reported third-quarter sales and revenues of approximately $20.7 billion, up 17% year over year, while adjusted earnings per share of $7.20 exceeded the $7.06 consensus estimate. Power-generation sales increased 30%, helped by data-center demand, and the company reported a record $78.1 billion backlog. Caterpillar Reports Third-Quarter 2026 Results
• Positive Sentiment: Truist Financial reaffirmed its “buy” rating, while Citigroup maintained a “buy” rating despite lowering its price target to $800. Both targets remain above the current trading level, suggesting some analysts see substantial long-term upside.
• Neutral Sentiment: Bank of America said Caterpillar’s earnings power remains intact, and analysts expect revenue and EPS growth as the backlog converts. However, the backlog may extend into 2029–2030, meaning investors could wait longer for the full financial benefit.
• Negative Sentiment: Management left its annual growth outlook unchanged and indicated only “moderate” fourth-quarter revenue growth. Investors had expected a stronger forecast or an upgrade, so the unchanged guidance overshadowed the earnings beat. Caterpillar Tops Quarterly Profit View
• Negative Sentiment: Revenue came in slightly below consensus, while tariff expenses and rising inventories added to concerns about costs, demand timing and near-term margins.
• Negative Sentiment: Several firms reduced their targets: Morgan Stanley cut its target to $675 and rated CAT “equal weight,” RBC lowered its target to $722 with a “sector perform” rating, and Truist reduced its target to $1,027. These cuts reinforce concerns that the stock’s premium valuation had become difficult to justify without faster growth.

About Caterpillar

Caterpillar Inc is a manufacturer of construction, mining, and industrial equipment. Its product portfolio includes excavators, bulldozers, wheel loaders, motor graders, articulated trucks, and other machinery used in construction, infrastructure development, mining, quarrying, forestry, and related industries. The company also produces diesel and natural gas engines, industrial gas turbines, generator sets, and other power-generation and transportation equipment.

Caterpillar operates through businesses focused on construction industries, resource industries, and energy and transportation.