JPMorgan Chase & Co. Issues Positive Forecast for Caterpillar (NYSE:CAT) Stock Price

Caterpillar (NYSE:CAT) had its target price lifted by JPMorgan Chase & Co. from $730.00 to $740.00 in a research report sent to investors on Wednesday morning,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the industrial products company’s stock.

CAT has been the subject of several other research reports. Wells Fargo & Company initiated coverage on Caterpillar in a research note on Thursday, November 13th. They issued an “overweight” rating and a $675.00 price objective for the company. DA Davidson raised their price target on shares of Caterpillar from $408.00 to $569.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd. Hsbc Global Res raised shares of Caterpillar from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 6th. Royal Bank Of Canada initiated coverage on Caterpillar in a research report on Wednesday, October 22nd. They set a “sector perform” rating and a $560.00 target price for the company. Finally, UBS Group upped their price target on Caterpillar from $506.00 to $581.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, six 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 $620.20.

Caterpillar Stock Up 0.3%

Shares of CAT opened at $638.66 on Wednesday. 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 has a 52 week low of $267.30 and a 52 week high of $644.59. The stock has a market capitalization of $298.88 billion, a price-to-earnings ratio of 32.79, a PEG ratio of 2.47 and a beta of 1.57. The stock has a fifty day moving average of $583.66 and a 200-day moving average of $499.29.

Caterpillar (NYSE:CAT) last issued its earnings results on Monday, November 3rd. The industrial products company reported $4.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.52 by $0.43. The business had revenue of $17.64 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $5.17 EPS. As a group, sell-side analysts anticipate that Caterpillar will post 19.86 earnings per share for the current fiscal year.

Caterpillar Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 19th. Shareholders of record on Tuesday, January 20th will be issued a dividend of $1.51 per share. This represents a $6.04 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Tuesday, January 20th. Caterpillar’s dividend payout ratio (DPR) is presently 31.01%.

Insider Transactions at Caterpillar

In other Caterpillar news, CFO Andrew R. J. Bonfield sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 31st. The stock was sold at an average price of $575.06, for a total value of $5,750,600.00. Following the transaction, the chief financial officer directly owned 45,460 shares of the company’s stock, valued at approximately $26,142,227.60. The trade was a 18.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Anthony D. Fassino sold 8,184 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $570.18, for a total transaction of $4,666,353.12. Following the sale, the insider directly owned 41,512 shares of the company’s stock, valued at approximately $23,669,312.16. This trade represents a 16.47% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 54,729 shares of company stock worth $31,084,308. Corporate insiders own 0.33% of the company’s stock.

Institutional Investors Weigh In On Caterpillar

A number of large investors have recently bought and sold shares of the stock. Norges Bank purchased a new stake in shares of Caterpillar during the second quarter worth $2,165,899,000. Groupe la Francaise raised its stake in shares of Caterpillar by 82.0% during the 2nd quarter. Groupe la Francaise now owns 27,246 shares of the industrial products company’s stock valued at $10,820,000 after purchasing an additional 12,278 shares during the period. Trivium Point Advisory LLC lifted its holdings in Caterpillar by 132.9% during the 2nd quarter. Trivium Point Advisory LLC now owns 1,926 shares of the industrial products company’s stock worth $748,000 after purchasing an additional 1,099 shares in the last quarter. Union Bancaire Privee UBP SA boosted its stake in Caterpillar by 155.9% in the 3rd quarter. Union Bancaire Privee UBP SA now owns 47,231 shares of the industrial products company’s stock worth $21,014,000 after purchasing an additional 28,773 shares during the period. Finally, Palmer Knight Co purchased a new position in Caterpillar during the 2nd quarter valued at about $5,884,000. 70.98% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: JPMorgan raised its price target on CAT to $740 from $730 and reiterated an “overweight” rating, implying roughly a mid-teens upside vs. recent levels — a clear buy-side signal that can support near-term inflows. JPMorgan raises price target
• Positive Sentiment: Caterpillar’s market capitalization topped $300 billion amid an AI-driven rally, a sign investors are attributing incremental growth/efficiency or multiple expansion to AI exposure — this momentum can attract momentum traders and ETFs. Caterpillar Crosses $300 Billion
• Neutral Sentiment: A bullish thesis piece summarizes upside drivers for CAT (valuation, services, AI/automation tailwinds). It reinforces positive narratives but is an opinion piece rather than company disclosure. Bull Case Theory
• Neutral Sentiment: Caterpillar announced a planned leadership transition in Construction Industries: long-time group president Tony Fassino will retire May 31, 2026, with internal successor Rod Shurman named effective Feb. 1 — an orderly, internal promotion that suggests continuity rather than disruption. Leadership Transition
• Negative Sentiment: Be aware of ticker confusion: a separate small-cap miner, CAT Strategic Metals (ticker CAT on other exchanges), announced an REE project MOU — unrelated to Caterpillar Inc. Misreading that news could create noisy, misleading headlines for retail investors. CAT Strategic Metals MOU

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.