Cyndeo Wealth Partners LLC Boosts Position in Caterpillar Inc. $CAT

Cyndeo Wealth Partners LLC grew its position in Caterpillar Inc. (NYSE:CAT) by 206.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,252 shares of the industrial products company’s stock after buying an additional 8,931 shares during the quarter. Cyndeo Wealth Partners LLC’s holdings in Caterpillar were worth $6,323,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Abound Wealth Management raised its position in Caterpillar by 11.3% during the third quarter. Abound Wealth Management now owns 445 shares of the industrial products company’s stock worth $212,000 after acquiring an additional 45 shares during the last quarter. Castleview Partners LLC raised its position in shares of Caterpillar by 6.6% during the 3rd quarter. Castleview Partners LLC now owns 886 shares of the industrial products company’s stock worth $423,000 after purchasing an additional 55 shares during the last quarter. Perpetual Ltd lifted its stake in Caterpillar by 27.5% in the 3rd quarter. Perpetual Ltd now owns 1,657 shares of the industrial products company’s stock valued at $791,000 after buying an additional 357 shares in the last quarter. Focus Financial Network Inc. raised its holdings in shares of Caterpillar by 1.5% in the third quarter. Focus Financial Network Inc. now owns 10,508 shares of the industrial products company’s stock worth $5,014,000 after acquiring an additional 155 shares during the last quarter. Finally, Rydar Equities Inc. purchased a new stake in shares of Caterpillar in the third quarter valued at $232,000. 70.98% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently weighed in on CAT. Truist Financial reissued a “buy” rating and issued a $729.00 target price (up previously from $582.00) on shares of Caterpillar in a research note on Thursday, October 30th. Wells Fargo & Company initiated coverage on shares of Caterpillar in a research report on Thursday, November 13th. They issued an “overweight” rating and a $675.00 price objective for the company. Jefferies Financial Group lifted their target price on shares of Caterpillar from $570.00 to $700.00 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. Hsbc Global Res raised Caterpillar from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 6th. Finally, Erste Group Bank upgraded Caterpillar from a “hold” rating to a “buy” rating in a report on Friday, October 3rd. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $616.00.

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

Caterpillar Price Performance

Shares of Caterpillar stock opened at $576.19 on Friday. The business’s fifty day moving average price is $562.75 and its 200 day moving average price is $469.54. Caterpillar Inc. has a twelve month low of $267.30 and a twelve month high of $627.50. The company has a current ratio of 1.38, a quick ratio of 0.86 and a debt-to-equity ratio of 1.34. The stock has a market capitalization of $269.65 billion, a P/E ratio of 29.58, a PEG ratio of 2.71 and a beta of 1.57.

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

Caterpillar Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 19th. Shareholders of record on Tuesday, January 20th will be paid a dividend of $1.51 per share. This represents a $6.04 annualized dividend and a yield of 1.0%. The ex-dividend date is Tuesday, January 20th. Caterpillar’s payout ratio is currently 31.01%.

Insiders Place Their Bets

In other Caterpillar news, Chairman Donald J. Umpleby III sold 17,166 shares of the business’s stock in a transaction dated Friday, October 10th. The stock was sold at an average price of $505.29, for a total transaction of $8,673,808.14. Following the transaction, the chairman owned 448,173 shares in the company, valued at $226,457,335.17. The trade was a 3.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Jason Kaiser sold 10,707 shares of the stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $563.60, for a total value of $6,034,465.20. Following the completion of the sale, the insider owned 8,649 shares of the company’s stock, valued at approximately $4,874,576.40. This trade represents a 55.32% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 79,061 shares of company stock worth $41,949,366. 0.33% of the stock is owned by company insiders.

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.