Astoria Portfolio Advisors LLC. Lowers Stock Holdings in Caterpillar Inc. $CAT

Astoria Portfolio Advisors LLC. lowered its stake in shares of Caterpillar Inc. (NYSE:CAT) by 51.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,543 shares of the industrial products company’s stock after selling 1,615 shares during the quarter. Astoria Portfolio Advisors LLC.’s holdings in Caterpillar were worth $775,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of CAT. Fisher Asset Management LLC boosted its position in shares of Caterpillar by 2.3% during the 2nd quarter. Fisher Asset Management LLC now owns 9,418,321 shares of the industrial products company’s stock worth $3,656,286,000 after acquiring an additional 208,196 shares in the last quarter. Valeo Financial Advisors LLC grew its holdings in shares of Caterpillar by 36,842.1% during the second quarter. Valeo Financial Advisors LLC now owns 7,299,751 shares of the industrial products company’s stock worth $2,833,836,000 after buying an additional 7,279,991 shares during the last quarter. Norges Bank purchased a new stake in shares of Caterpillar during the second quarter worth approximately $2,165,899,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Caterpillar by 6.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,204,445 shares of the industrial products company’s stock worth $1,386,626,000 after purchasing an additional 264,054 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in Caterpillar by 1.0% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 3,337,915 shares of the industrial products company’s stock valued at $1,295,432,000 after buying an additional 33,467 shares during the last quarter. 70.98% of the stock is owned by hedge funds and other institutional investors.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Bernstein raised its price target on CAT to $630 from $557, signaling upgraded earnings/volume expectations and giving investors a higher valuation anchor for the stock. Caterpillar price target raised to $630 from $557 at Bernstein
• Positive Sentiment: A Zacks piece highlights Caterpillar as one of three manufacturers benefiting from supply-chain reshoring into 2026, which supports stronger domestic sales, parts demand and shorter lead times — positive for order visibility and margins. 3 Manufacturing Stocks Benefiting From Supply-Chain Shifts Into 2026
• Positive Sentiment: Caterpillar will show new motor graders, a dozer and an excavator at ConExpo 2026 — product refreshes can spur replacement cycles and aftermarket revenue, supporting near- to mid-term sales growth. Caterpillar to Reveal New Motor Graders, Dozer, Excavator at ConExpo 2026
• Positive Sentiment: A Financial Post article reports a Canadian Caterpillar dealer on a record run amid a construction boom, evidence of strong end-market demand that can lift unit sales and parts/service revenue. Canada’s Building Push Puts Caterpillar Dealer on a Record Run
• Neutral Sentiment: A Zacks comparison of CAT vs. KMTUY reiterates CAT’s revenue-revival thesis and infrastructure tailwinds but also reminds investors to weigh valuation and competitive factors — supportive context but not new company-specific news. CAT vs. KMTUY: Which Heavy Equipment Stock is the Better Buy?
• Negative Sentiment: Earlier headlines noted Caterpillar shares contributed to a Dow decline, a reminder that broader market volatility can push the stock down even with positive company-specific news. Caterpillar, NVIDIA Corp. share losses lead Dow’s 132-point fall

Insider Transactions at Caterpillar

In related news, insider Anthony D. Fassino sold 8,184 shares of the stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $570.18, for a total transaction of $4,666,353.12. Following the completion of the sale, the insider owned 41,512 shares of the company’s stock, valued at approximately $23,669,312.16. This represents a 16.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Andrew R. J. Bonfield sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $571.44, for a total transaction of $5,714,400.00. Following the completion of the transaction, the chief financial officer owned 55,460 shares in the company, valued at $31,692,062.40. The trade was a 15.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 79,061 shares of company stock valued at $41,949,366 in the last quarter. Insiders own 0.33% of the company’s stock.

Caterpillar Trading Up 1.8%

Shares of CAT opened at $576.19 on Friday. Caterpillar Inc. has a fifty-two week low of $267.30 and a fifty-two week high of $627.50. The company has a market capitalization of $269.65 billion, a PE ratio of 29.58, a price-to-earnings-growth ratio of 2.66 and a beta of 1.57. The stock has a fifty day moving average of $562.75 and a two-hundred day moving average of $468.71. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.86 and a current ratio of 1.38.

Caterpillar (NYSE:CAT) last announced its quarterly earnings data on Wednesday, October 29th. The industrial products company reported $4.95 EPS for the quarter, beating analysts’ consensus estimates of $4.52 by $0.43. The business had revenue of $17.64 billion during the quarter, compared to the consensus estimate of $16.72 billion. Caterpillar had a return on equity of 47.16% and a net margin of 14.34%.The business’s revenue for the quarter was up 9.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $5.17 earnings per share. As a group, analysts forecast that Caterpillar Inc. will post 19.86 EPS for the current year.

Caterpillar Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 19th. Investors of record on Tuesday, January 20th will be given a $1.51 dividend. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a $6.04 annualized dividend and a dividend yield of 1.0%. Caterpillar’s dividend payout ratio (DPR) is currently 31.01%.

Analyst Upgrades and Downgrades

CAT has been the subject of a number of analyst reports. Erste Group Bank upgraded shares of Caterpillar from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. HSBC upgraded shares of Caterpillar from a “hold” rating to a “buy” rating and boosted their price target for the stock from $405.00 to $660.00 in a research note on Wednesday, November 5th. DA Davidson raised their price objective on shares of Caterpillar from $408.00 to $569.00 and gave the company a “neutral” rating in a research report on Monday, November 3rd. Truist Financial reiterated a “buy” rating and issued a $729.00 price objective (up previously from $582.00) on shares of Caterpillar in a research note on Thursday, October 30th. Finally, Wells Fargo & Company assumed coverage on shares of Caterpillar in a report on Thursday, November 13th. They set an “overweight” rating and a $675.00 price objective on the stock. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $616.00.

About Caterpillar

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.