Caterpillar (CAT) – Analysts’ Recent Ratings Updates

Several analysts have recently updated their ratings and price targets for Caterpillar (NYSE: CAT):

• 10/26/2026 – Caterpillar had its price target lowered by Wells Fargo & Company from $1,155.00 to $840.00. They now have an “overweight” rating on the stock.
• 10/26/2026 – Caterpillar had its price target lowered by UBS Group from $925.00 to $750.00. They now have a “neutral” rating on the stock.
• 10/14/2026 – Caterpillar was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
• 10/14/2026 – Caterpillar had its “market perform” rating reaffirmed by Sanford C. Bernstein. They now have a $749.00 price target on the stock.
• 10/14/2026 – Caterpillar had its price target lowered by Oppenheimer from $1,118.00 to $1,009.00. They now have an “outperform” rating on the stock.
• 10/12/2026 – Caterpillar had its price target lowered by Citigroup from $1,100.00 to $950.00. They now have a “buy” rating on the stock.
• 10/10/2026 – Caterpillar was upgraded by Wall Street Zen from “hold” to “buy”.
• 10/5/2026 – Caterpillar had its price target lowered by Truist Financial from $1,225.00 to $1,100.00. They now have a “buy” rating on the stock.
• 10/5/2026 – Caterpillar was downgraded by Zacks Research from “strong-buy” to “hold”.
• 9/29/2026 – Caterpillar was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
• 9/26/2026 – Caterpillar was downgraded by Wall Street Zen from “buy” to “hold”.
• 9/18/2026 – Caterpillar is now covered by President Capital. They set a “buy” rating and a $999.00 price target on the stock.
• 9/14/2026 – Caterpillar had its “buy” rating reaffirmed by Citigroup.
• 9/10/2026 – Caterpillar was given a new $980.00 price target by Needham & Company LLC.
• 9/10/2026 – Caterpillar was upgraded by Freedom Broker from “hold” to “buy”. They now have a $980.00 price target on the stock.

Caterpillar Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Monday, October 26th will be paid a dividend of $1.63 per share. The ex-dividend date of this dividend is Monday, October 26th. This represents a $6.52 annualized dividend and a yield of 0.9%. Caterpillar’s dividend payout ratio (DPR) is currently 28.06%.

Insider Transactions at Caterpillar

In other Caterpillar news, CEO Joseph E. Creed sold 32,401 shares of the company’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $808.98, for a total value of $26,211,760.98. Following the transaction, the chief executive officer directly owned 34,555 shares in the company, valued at $27,954,303.90. This represents a 48.39% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.33% of the company’s stock.

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.