Caterpillar Inc. $CAT Shares Sold by Cynosure Group LLC

Cynosure Group LLC decreased its position in Caterpillar Inc. (NYSE:CAT) by 39.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,073 shares of the industrial products company’s stock after selling 3,893 shares during the quarter. Cynosure Group LLC’s holdings in Caterpillar were worth $2,898,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in CAT. Semus Wealth Partners LLC purchased a new stake in Caterpillar during the 3rd quarter worth $217,000. Sandy Cove Advisors LLC grew its stake in shares of Caterpillar by 2.6% during the third quarter. Sandy Cove Advisors LLC now owns 1,264 shares of the industrial products company’s stock valued at $603,000 after acquiring an additional 32 shares in the last quarter. Stanley Laman Group Ltd. acquired a new position in shares of Caterpillar in the third quarter worth about $458,000. Benchmark Financial Wealth Advisors LLC purchased a new position in Caterpillar in the third quarter valued at about $214,000. Finally, Earned Wealth Advisors LLC acquired a new stake in Caterpillar during the 3rd quarter valued at approximately $336,000. 70.98% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Jason Kaiser sold 10,707 shares of the business’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $563.60, for a total transaction of $6,034,465.20. Following the completion of the transaction, the insider owned 8,649 shares of the company’s stock, valued at approximately $4,874,576.40. The trade was a 55.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Lange Bob De sold 14,638 shares of the stock in a transaction dated Wednesday, November 5th. The stock was sold at an average price of $562.36, for a total transaction of $8,231,825.68. Following the completion of the sale, the insider directly owned 80,209 shares in the company, valued at approximately $45,106,333.24. This trade represents a 15.43% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 61,895 shares of company stock valued at $34,007,516 in the last three months. 0.33% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have issued reports on CAT. Jefferies Financial Group upped their target price on Caterpillar from $570.00 to $700.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Barclays upped their price target on shares of Caterpillar from $485.00 to $555.00 and gave the company an “equal weight” rating in a report on Thursday, October 30th. DA Davidson raised their price objective on shares of Caterpillar from $408.00 to $569.00 and gave the stock a “neutral” rating in a report on Monday, November 3rd. Robert W. Baird upped their target price on shares of Caterpillar from $612.00 to $680.00 and gave the company an “outperform” rating in a research note on Thursday, October 30th. Finally, Wells Fargo & Company began coverage on Caterpillar in a research note on Thursday, November 13th. They issued an “overweight” rating and a $675.00 price target for the company. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Caterpillar presently has a consensus rating of “Moderate Buy” and an average target price of $618.70.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Wolfe Research raised its price target on CAT to $670 (from $470) and kept an “outperform” rating, signaling conviction in upside vs. current levels and likely supporting buying interest. Wolfe Research Adjusts Price Target on Caterpillar to $670 from $470; Maintains Outperform Rating
• Positive Sentiment: Bernstein also lifted its target, citing a clearer 2026 recovery — analyst upgrades and higher targets add momentum by backing expectations for stronger revenue and margin recovery. Bernstein Raises Caterpillar (CAT) Target as 2026 Recovery Comes Into View
• Positive Sentiment: Caterpillar rallied ~58% in 2025 as revenue returned to growth, backlog hit a record ~$39.9B and earnings declines eased — that fundamental improvement supports higher forward multiples and investor optimism. After a 58% Run in 2025, is CAT Stock Still a Buy in 2026?
• Positive Sentiment: Investors are valuing CAT for its role in powering AI/data-center buildouts — Caterpillar’s power-generation engines are in demand as backup and supplemental power for hyperscale data centers, a structural tailwind for sales and aftermarket. AI Is Transforming This Once-Boring Blue-Chip Stock. Is It a Buy for 2026?
• Positive Sentiment: Sector-level strength: Industrials outperformed in 2025 (Caterpillar returned ~61%) driven partly by data-center and power trends, which reinforces cyclical and structural demand narratives for CAT. The S&P 500’s Top-Performing Sectors: 3 Lead the Pack in 2025
• Neutral Sentiment: The Dow Jones hit all-time highs in 2025 and CAT was cited among contributors — positive market sentiment helps but is broader-market driven rather than CAT-specific. Dow Jones 2025 Scorecard: Caterpillar, Nvidia Help Index Hit All-Time Highs – Top 5 Winners & Losers
• Negative Sentiment: Short-term caution: some industrials softened at year-end (market close weakness), which could pressure cyclicals if macro sentiment or capex timing weakens. Industrials Down as Strong Year Finishes With a Whimper — Industrials Roundup

Caterpillar Price Performance

Shares of NYSE:CAT opened at $598.11 on Monday. The company has a market cap of $279.90 billion, a PE ratio of 30.70, a P/E/G ratio of 2.36 and a beta of 1.57. Caterpillar Inc. has a fifty-two week low of $267.30 and a fifty-two week high of $627.50. The firm has a 50-day simple moving average of $574.03 and a 200 day simple moving average of $486.12. The company has a quick ratio of 0.86, a current ratio of 1.38 and a debt-to-equity ratio of 1.34.

Caterpillar (NYSE:CAT) last issued its earnings results on Monday, November 3rd. The industrial products company reported $4.95 EPS for the quarter, beating analysts’ consensus estimates of $4.52 by $0.43. The company 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%.Caterpillar’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $5.17 earnings per share. On average, sell-side analysts anticipate 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. Shareholders 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 yield of 1.0%. Caterpillar’s dividend payout ratio (DPR) is currently 31.01%.

Caterpillar Company 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.