Caterpillar Inc. $CAT Shares Newly Purchased by Platt Wealth Management LLC

Platt Wealth Management LLC purchased a new stake in shares of Caterpillar Inc. (NYSE:CAT) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 3,400 shares of the industrial products company’s stock, valued at approximately $2,756,000. Caterpillar comprises about 2.2% of Platt Wealth Management LLC’s investment portfolio, making the stock its 17th biggest holding.

Other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. bought a new stake in Caterpillar during the second quarter valued at approximately $40,457,153,000. State Street Corp increased its holdings in Caterpillar by 4.0% during the second quarter. State Street Corp now owns 36,276,960 shares of the industrial products company’s stock valued at $37,120,529,000 after buying an additional 1,396,356 shares during the last quarter. Bank of America Corp DE bought a new position in Caterpillar in the second quarter worth approximately $5,818,150,000. Bank of New York Mellon Corp bought a new position in Caterpillar in the second quarter worth approximately $3,192,710,000. Finally, Legal & General Group Plc purchased a new position in shares of Caterpillar during the 2nd quarter worth $2,783,451,000. Institutional investors own 70.98% of the company’s stock.

Insider Activity

In other Caterpillar news, Director James C. Fish, Jr. bought 1,000 shares of the business’s stock in a transaction that occurred on Monday, November 2nd. The stock was purchased at an average price of $620.39 per share, for a total transaction of $620,390.00. Following the completion of the transaction, the director owned 4,714 shares of the company’s stock, valued at $2,924,518.46. This trade represents a 26.93% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Joseph Creed sold 32,401 shares of Caterpillar stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $808.98, for a total value of $26,211,760.98. Following the sale, the chief executive officer directly owned 34,555 shares in the company, valued at $27,954,303.90. This trade represents a 48.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.33% of the stock is owned by insiders.

Caterpillar Stock Up 0.1%

CAT opened at $559.32 on Monday. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.88 and a current ratio of 1.42. Caterpillar Inc. has a fifty-two week low of $537.08 and a fifty-two week high of $1,073.46. The firm’s fifty day moving average is $760.19 and its 200 day moving average is $806.23. The stock has a market cap of $255.94 billion, a price-to-earnings ratio of 21.94, a price-to-earnings-growth ratio of 0.97 and a beta of 1.65.

Caterpillar (NYSE:CAT) last issued its earnings results on Thursday, October 29th. The industrial products company reported $7.20 earnings per share for the quarter, topping the consensus estimate of $7.06 by $0.14. Caterpillar had a net margin of 15.21% and a return on equity of 59.87%. The company had revenue of $20.68 billion during the quarter, compared to the consensus estimate of $20.76 billion. During the same quarter in the prior year, the firm posted $4.95 EPS. Caterpillar’s quarterly revenue was up 17.3% compared to the same quarter last year. On average, sell-side analysts forecast that Caterpillar Inc. will post 27.39 earnings per share for the current fiscal year.

Caterpillar Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 19th. Stockholders of record on Monday, October 26th will be given a $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Monday, October 26th. Caterpillar’s payout ratio is presently 25.58%.

Analysts Set New Price Targets

CAT has been the subject of a number of recent research reports. Robert W. Baird set a $970.00 price objective on shares of Caterpillar in a research report on Wednesday, August 5th. Sanford C. Bernstein restated a “market perform” rating and issued a $749.00 price objective on shares of Caterpillar in a research note on Wednesday, October 14th. Zacks Research cut Caterpillar from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Needham & Company LLC set a $980.00 target price on Caterpillar in a research report on Thursday, September 10th. Finally, Erste Group Bank lowered Caterpillar from a “buy” rating to a “hold” rating in a report on Monday, July 27th. Fifteen analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $898.25.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Strong results and backlog support the outlook. Caterpillar’s third-quarter earnings beat estimates, while its $78.1 billion backlog, stronger cash flow and expanding margins point to solid demand. The company is also expanding capacity to meet power-generation demand. Article: CAT Shares Fall Despite Q3 Earnings Beat
• Neutral Sentiment: Upcoming investor event. Construction Industries Group President Rod Shurman is scheduled to take part in a Bernstein-hosted fireside chat on Nov. 17; no new financial guidance was announced. Article: Caterpillar executive to participate in Bernstein fireside chat
• Negative Sentiment: AI-trade selling and valuation concerns weigh on the stock. Investors have been selling Caterpillar alongside other industrial companies amid worries that AI-related investment could slow. The market increasingly treats CAT as a data-center power play, exposing it to shifts in sentiment even though power generation accounted for about 15% of 2025 sales. Article: AI selloff spreads to industrials
• Negative Sentiment: Execution and cyclical risks remain. Reports cite orders falling, dealers trimming inventories, and tariffs, manufacturing costs and production constraints pressuring margins. Morgan Stanley also cut its price target by 26% after earnings, highlighting the risk of a cyclical test despite the backlog. Article: Morgan Stanley cuts Caterpillar price target

Caterpillar Profile

Caterpillar Inc is a global manufacturer of construction and mining equipment, engines, turbines, and related products and services. Its offerings include earthmoving and material-handling machines, diesel and natural gas engines, power-generation systems, and equipment and technologies used in mining and transportation. The company’s products are commonly sold under the Cat brand.

Caterpillar serves customers in markets around the world through a network of independent dealers. Its businesses also provide parts, maintenance, equipment rental, and other support services, as well as financing and insurance through its financial services operations.

The company was formed in 1925 through the merger of the Holt Manufacturing Company and the C.