Caterpillar Inc. $CAT Stock Holdings Boosted by Eagle Bay Advisors LLC

Eagle Bay Advisors LLC boosted its stake in Caterpillar Inc. (NYSE:CAT) by 386.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 1,289 shares of the industrial products company’s stock after acquiring an additional 1,024 shares during the quarter. Eagle Bay Advisors LLC’s holdings in Caterpillar were worth $1,045,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in CAT. Aspiriant LLC raised its position in Caterpillar by 5.8% in the third quarter. Aspiriant LLC now owns 3,181 shares of the industrial products company’s stock valued at $2,579,000 after purchasing an additional 173 shares during the last quarter. Perryman Financial Advisory Inc. AD grew its holdings in shares of Caterpillar by 3.1% during the third quarter. Perryman Financial Advisory Inc. AD now owns 11,072 shares of the industrial products company’s stock worth $8,977,000 after purchasing an additional 335 shares during the last quarter. Shelton Wealth Management LLC grew its holdings in shares of Caterpillar by 182.9% during the third quarter. Shelton Wealth Management LLC now owns 843 shares of the industrial products company’s stock worth $684,000 after purchasing an additional 545 shares during the last quarter. Pension & Wealth Management Advisors Inc. grew its holdings in shares of Caterpillar by 496.8% during the third quarter. Pension & Wealth Management Advisors Inc. now owns 370 shares of the industrial products company’s stock worth $278,000 after purchasing an additional 308 shares during the last quarter. Finally, Annex Advisory Services LLC increased its stake in shares of Caterpillar by 10.4% in the third quarter. Annex Advisory Services LLC now owns 1,567 shares of the industrial products company’s stock valued at $1,271,000 after buying an additional 147 shares during the period. Institutional investors and hedge funds own 70.98% of the company’s stock.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar will invest up to $10 million in North Carolina workforce training, supporting technicians and manufacturing workers as it expands its Sanford operations. The investment complements a previously announced roughly $1 billion facility investment intended to increase compact-equipment production. Caterpillar Invests in North Carolina’s Future Manufacturing Workforce
• Positive Sentiment: The acquisition of the Fabick CAT dealer network could strengthen Caterpillar’s distribution and customer-support footprint, although financial terms and the transaction’s earnings impact were not provided. Caterpillar acquires Fabick Cat dealer network
• Neutral Sentiment: Caterpillar scheduled its third-quarter 2026 results for October 29, giving investors a near-term catalyst to assess demand, margins and guidance. Caterpillar Third-Quarter 2026 Results Announcement
• Neutral Sentiment: Resource Industries President Denise Johnson will retire in February 2027, with Derrick York appointed as her successor effective November 1. Johnson will remain in an advisory role during the transition, limiting immediate disruption concerns. Caterpillar Announces Leadership Transition in Resource Industries
• Negative Sentiment: An analyst downgrade pressured the stock, while Oppenheimer issued a pessimistic forecast. These actions reinforce concerns about Caterpillar’s valuation and future earnings outlook. Caterpillar Shares Down on Analyst Downgrade
• Negative Sentiment: A broader unwind in the AI-related power trade also weighed on Caterpillar, as investors reassessed companies expected to benefit from data-center electricity demand. Comparisons with Generac highlighted differences in backlog, valuation and financial strength. AI Power Trade Unwinds

Caterpillar Trading Down 0.8%

NYSE CAT opened at $730.01 on Friday. The firm has a market capitalization of $335.57 billion, a PE ratio of 31.41, a price-to-earnings-growth ratio of 1.27 and a beta of 1.58. The business’s 50-day moving average price is $812.24 and its two-hundred day moving average price is $855.37. The company has a current ratio of 1.37, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65. Caterpillar Inc. has a 12 month low of $510.21 and a 12 month high of $1,073.46.

Caterpillar (NYSE:CAT) last issued its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.22 by $1.95. The company had revenue of $20.54 billion during the quarter, compared to the consensus estimate of $19.34 billion. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%. The firm’s revenue was up 23.7% compared to the same quarter last year. During the same period last year, the company earned $4.72 earnings per share. On average, analysts expect that Caterpillar Inc. will post 27.49 EPS for the current year.

Caterpillar Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Monday, October 26th will be issued a $1.63 dividend. The ex-dividend date is Monday, October 26th. This represents a $6.52 annualized dividend and a yield of 0.9%. Caterpillar’s dividend payout ratio is presently 28.06%.

Insiders Place Their Bets

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 shares were sold at an average price of $808.98, for a total transaction of $26,211,760.98. Following the completion of the sale, the chief executive officer owned 34,555 shares of the company’s stock, valued at approximately $27,954,303.90. This represents a 48.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.33% of the company’s stock.

Analyst Ratings Changes

CAT has been the subject of a number of research reports. Erste Group Bank lowered shares of Caterpillar from a “buy” rating to a “hold” rating in a report on Monday, July 27th. Wall Street Zen upgraded shares of Caterpillar from a “hold” rating to a “buy” rating in a research report on Saturday, October 10th. DA Davidson upped their price target on shares of Caterpillar from $845.00 to $882.00 and gave the company a “neutral” rating in a research report on Thursday, August 6th. Weiss Ratings raised shares of Caterpillar from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday. Finally, Truist Financial dropped their price target on shares of Caterpillar from $1,225.00 to $1,100.00 and set a “buy” rating for the company in a research note on Monday, October 5th. Fifteen research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $967.83.

Caterpillar Company Profile

Caterpillar Inc is a global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Its products are used in infrastructure development, construction, mining, energy production, transportation, agriculture, forestry, and other industrial applications.

The company markets equipment and related services through a worldwide network of independent dealers. Its operations are generally organized around Construction Industries, Resource Industries, and Energy & Transportation.