Kercheville Advisors LLC Grows Stock Holdings in Caterpillar Inc. $CAT

Kercheville Advisors LLC increased its stake in Caterpillar Inc. (NYSE:CAT) by 81.2% during the 2nd quarter, HoldingsChannel reports. The firm owned 5,190 shares of the industrial products company’s stock after buying an additional 2,325 shares during the period. Caterpillar comprises 1.7% of Kercheville Advisors LLC’s holdings, making the stock its 20th largest position. Kercheville Advisors LLC’s holdings in Caterpillar were worth $5,527,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Decker Retirement Planning Inc. lifted its holdings in shares of Caterpillar by 440.0% during the 2nd quarter. Decker Retirement Planning Inc. now owns 27 shares of the industrial products company’s stock valued at $29,000 after buying an additional 22 shares during the period. Matrix Trust Co grew its holdings in shares of Caterpillar by 93.8% in the second quarter. Matrix Trust Co now owns 31 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 15 shares during the period. Lam Group Inc. purchased a new stake in Caterpillar during the first quarter valued at $26,000. Ramsey Quantitative Systems bought a new position in Caterpillar in the second quarter valued at about $48,000. Finally, Torren Management LLC purchased a new position in Caterpillar in the fourth quarter worth about $27,000. Institutional investors own 70.98% of the company’s stock.

Caterpillar Stock Down 1.9%

NYSE CAT opened at $812.10 on Tuesday. Caterpillar Inc. has a 52 week low of $410.52 and a 52 week high of $1,073.46. The company has a quick ratio of 0.85, a current ratio of 1.37 and a debt-to-equity ratio of 1.65. The company has a market capitalization of $373.30 billion, a P/E ratio of 34.94, a price-to-earnings-growth ratio of 1.45 and a beta of 1.60. The stock’s 50-day moving average price is $906.43 and its 200-day moving average price is $834.90.

Caterpillar (NYSE:CAT) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.22 by $1.95. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%.The company had revenue of $20.54 billion during the quarter, compared to the consensus estimate of $19.34 billion. During the same period in the previous year, the company posted $4.72 EPS. The firm’s revenue was up 23.7% on a year-over-year basis. On average, equities research analysts predict that Caterpillar Inc. will post 27.14 earnings per share for the current year.

Caterpillar Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 19th. Shareholders of record on Monday, July 20th were given a $1.63 dividend. The ex-dividend date was Monday, July 20th. This is an increase from Caterpillar’s previous quarterly dividend of $1.51. This represents a $6.52 dividend on an annualized basis and a dividend yield of 0.8%. Caterpillar’s dividend payout ratio (DPR) is currently 28.06%.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Margins and 2026 outlook improved. Caterpillar’s second-quarter adjusted operating margin increased 430 basis points as higher sales volumes and pricing more than offset tariff-related costs and other expenses. The improvement helped support an upgraded 2026 outlook. Caterpillar’s Q2 Adjusted Operating Margin Rebounds: Is the Worst Over?
• Positive Sentiment: Record performance and backlog remain supportive. Recent coverage highlighted quarterly revenue of roughly $20.5 billion, a sizable earnings beat, year-over-year revenue growth of approximately 24%, and a strong backlog. These factors suggest continued demand for Caterpillar’s construction, mining, and industrial equipment.
• Neutral Sentiment: Analyst targets imply potential upside but also a high bar. Recent price targets have a median of $990, with estimates ranging from $845 to $1,218. However, Caterpillar’s elevated forward valuation leaves the stock sensitive to any slowdown in orders, margins, or economic growth.
• Neutral Sentiment: Relative performance coverage offers limited direction. Articles comparing Caterpillar with Gorman-Rupp and the broader industrial-products sector provide context on performance but do not identify a new fundamental catalyst for CAT.
• Negative Sentiment: Macro concerns are overshadowing company-specific strength. Investor discussions point to interest-rate uncertainty and broader industrial-sector worries as reasons for selling pressure following the earnings outperformance. The stock has also pulled back notably from its recent high, increasing focus on its valuation.
• Negative Sentiment: Insider selling and bearish positioning add pressure. QuiverQuant data shows substantially more insider sales than purchases over the past six months, while Michael Burry is reportedly betting against CAT. These signals may reinforce caution, although insider transactions can reflect portfolio and compensation decisions rather than a direct view of fundamentals.

Analyst Ratings Changes

A number of research firms have issued reports on CAT. DA Davidson boosted their price target on Caterpillar from $845.00 to $882.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. Oppenheimer reissued an “outperform” rating and issued a $1,118.00 price objective on shares of Caterpillar in a report on Tuesday, August 4th. Morgan Stanley set a $915.00 target price on shares of Caterpillar and gave the company an “equal weight” rating in a research report on Friday, May 1st. Weiss Ratings raised shares of Caterpillar from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, August 19th. Finally, Argus lifted their price target on shares of Caterpillar from $820.00 to $990.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $995.52.

Caterpillar Profile

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.