JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Caterpillar (NYSE:CAT) Stock

Caterpillar (NYSE:CAT) had its target price boosted by analysts at JPMorgan Chase & Co. from $740.00 to $765.00 in a research report issued to clients and investors on Friday, MarketBeat reports. The brokerage presently has an “overweight” rating on the industrial products company’s stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 16.42% from the company’s previous close.

A number of other research firms also recently weighed in on CAT. Oppenheimer boosted their target price on shares of Caterpillar from $700.00 to $729.00 and gave the stock an “outperform” rating in a report on Friday. Royal Bank Of Canada lifted their price target on Caterpillar from $587.00 to $658.00 and gave the stock a “sector perform” rating in a research report on Friday. Jefferies Financial Group upped their price objective on Caterpillar from $700.00 to $750.00 and gave the company a “buy” rating in a research report on Tuesday. Sanford C. Bernstein reiterated a “market perform” rating and issued a $678.00 target price on shares of Caterpillar in a report on Friday. Finally, Barclays boosted their target price on Caterpillar from $610.00 to $625.00 and gave the company an “equal weight” rating in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $664.76.

Caterpillar Stock Performance

NYSE:CAT opened at $657.13 on Friday. The company has a market cap of $307.52 billion, a price-to-earnings ratio of 34.92, a PEG ratio of 2.56 and a beta of 1.57. Caterpillar has a 1 year low of $267.30 and a 1 year high of $679.99. The stock’s 50 day simple moving average is $604.31 and its two-hundred day simple moving average is $519.85. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 0.86.

Caterpillar (NYSE:CAT) last posted its earnings results on Thursday, January 29th. The industrial products company reported $5.16 EPS for the quarter, beating analysts’ consensus estimates of $4.67 by $0.49. Caterpillar had a return on equity of 45.76% and a net margin of 13.14%.The firm had revenue of $19.13 billion during the quarter, compared to the consensus estimate of $17.81 billion. During the same period in the prior year, the company earned $5.14 EPS. The company’s quarterly revenue was up 17.9% compared to the same quarter last year. As a group, equities analysts anticipate that Caterpillar will post 19.86 earnings per share for the current fiscal year.

Insider Buying and Selling at Caterpillar

In related news, Director David Maclennan bought 300 shares of the company’s stock in a transaction on Thursday, November 6th. The shares were acquired at an average cost of $568.86 per share, for a total transaction of $170,658.00. Following the purchase, the director directly owned 7,947 shares of the company’s stock, valued at approximately $4,520,730.42. The trade was a 3.92% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Lange Bob De sold 14,638 shares of the firm’s stock in a transaction that occurred on 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 transaction, 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 ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 54,729 shares of company stock valued at $31,084,308. 0.33% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of CAT. Kilter Group LLC bought a new stake in shares of Caterpillar in the second quarter valued at about $27,000. Torren Management LLC purchased a new position in Caterpillar during the 4th quarter valued at about $27,000. Mid American Wealth Advisory Group Inc. bought a new stake in shares of Caterpillar in the 2nd quarter valued at about $28,000. Marquette Asset Management LLC lifted its position in shares of Caterpillar by 1,060.0% in the 3rd quarter. Marquette Asset Management LLC now owns 58 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 53 shares during the period. Finally, IFS Advisors LLC bought a new position in shares of Caterpillar during the fourth quarter valued at approximately $31,000. Institutional investors own 70.98% of the company’s stock.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Q4 results beat expectations — adjusted EPS $5.16 vs. $4.67 consensus and revenue $19.1B (record quarterly sales). Management highlighted strong equipment volumes that drove top‑line growth. PR Newswire: Q4 and FY2025 Results
• Positive Sentiment: AI/data-center demand is a clear growth driver — power-generation and energy equipment sales to data centers boosted the quarter and are being positioned as durable, long‑lived demand rather than cyclical construction spend. MarketWatch: AI data-center boom
• Positive Sentiment: Analysts raised price targets — JPMorgan bumped its target to $765 and kept an overweight stance, signaling further upside from current levels. MarketScreener: JPMorgan PT to $765
• Positive Sentiment: Bank of America also raised its target to $735 and maintained a buy rating, reinforcing buy-side conviction after the beat. Benzinga: BofA raises PT to $735
• Neutral Sentiment: Strong cash generation and capital return — full-year enterprise operating cash flow was robust ($11.7B), ending cash near $10B and ~$7.9B deployed to buybacks/dividends in 2025, supporting shareholder returns but moderating liquidity commentary. PR Newswire: Cash flow & buybacks
• Negative Sentiment: Tariff headwind flagged — Caterpillar warned of roughly a $2.6B tariff impact in 2026, saying higher tariffs and costs will pressure margins and could offset some benefits from stronger volumes. That guidance likely amplified near‑term selling. Reuters: $2.6B tariff hit warned

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.