Caterpillar (NYSE:CAT) Price Target Raised to $825.00 at Bank of America

Posted by Defense World Staff on Feb 11th, 2026

Caterpillar (NYSE:CAT – Free Report) had its target price upped by Bank of America from $735.00 to $825.00 in a research report sent to investors on Tuesday morning,Benzinga reports. The firm currently has a buy rating on the industrial products company’s stock.

A number of other brokerages have also recently commented on CAT. Rothschild & Co Redburn upped their target price on shares of Caterpillar from $650.00 to $700.00 and gave the company a “neutral” rating in a report on Wednesday, February 4th. Evercore upped their price objective on Caterpillar from $476.00 to $630.00 and gave the company an “outperform” rating in a research note on Monday, November 17th. Raymond James Financial reiterated a “market perform” rating on shares of Caterpillar in a research note on Wednesday, January 7th. Royal Bank Of Canada boosted their target price on Caterpillar from $587.00 to $658.00 and gave the company a “sector perform” rating in a report on Friday, January 30th. Finally, Robert W. Baird set a $805.00 price target on Caterpillar in a report on Friday, January 30th. Sixteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned 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 $695.19.

Read Our Latest Analysis on Caterpillar

Caterpillar Stock Down 0.0%

Caterpillar stock opened at $741.98 on Tuesday. Caterpillar has a 1-year low of $267.30 and a 1-year high of $752.00. The stock has a market cap of $347.23 billion, a PE ratio of 39.43, a P/E/G ratio of 1.76 and a beta of 1.58. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 0.94. The stock’s fifty day moving average is $623.84 and its two-hundred day moving average is $534.86.

Caterpillar (NYSE:CAT – Get Free Report) last posted its earnings results on Thursday, January 29th. The industrial products company reported $5.16 earnings per share for the quarter, topping the consensus estimate 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 analysts’ expectations of $17.81 billion. During the same quarter in the previous year, the business earned $5.14 earnings per share. The firm’s revenue was up 17.9% compared to the same quarter last year. On average, sell-side analysts expect that Caterpillar will post 19.86 EPS for the current fiscal year.

Caterpillar Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 19th. Investors of record on Tuesday, January 20th will be paid a $1.51 dividend. This represents a $6.04 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, January 20th. Caterpillar’s dividend payout ratio is presently 32.09%.

Insider Buying and Selling at Caterpillar

In related news, CFO Andrew R. J. Bonfield sold 10,000 shares of Caterpillar stock in a transaction dated Wednesday, December 31st. The stock was sold at an average price of $575.06, for a total transaction of $5,750,600.00. Following the completion of the sale, the chief financial officer owned 45,460 shares in the company, valued at approximately $26,142,227.60. This trade represents a 18.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Denise C. Johnson sold 39,138 shares of the firm’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $681.08, for a total transaction of $26,656,109.04. Following the sale, the insider directly owned 43,350 shares in the company, valued at $29,524,818. This represents a 47.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 130,545 shares of company stock valued at $88,294,733 over the last three months. Company insiders own 0.33% of the company’s stock.

Institutional Trading of Caterpillar

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Plancorp LLC raised its stake in Caterpillar by 0.5% during the fourth quarter. Plancorp LLC now owns 2,777 shares of the industrial products company’s stock worth $1,591,000 after purchasing an additional 15 shares during the period. BlueStem Wealth Partners LLC increased its holdings in shares of Caterpillar by 1.3% during the 4th quarter. BlueStem Wealth Partners LLC now owns 1,192 shares of the industrial products company’s stock worth $683,000 after buying an additional 15 shares during the last quarter. KDT Advisors LLC raised its position in shares of Caterpillar by 2.3% in the 4th quarter. KDT Advisors LLC now owns 657 shares of the industrial products company’s stock worth $376,000 after buying an additional 15 shares during the period. CFO4Life Group LLC boosted its holdings in Caterpillar by 2.5% in the fourth quarter. CFO4Life Group LLC now owns 626 shares of the industrial products company’s stock valued at $359,000 after acquiring an additional 15 shares during the last quarter. Finally, Sandy Cove Advisors LLC grew its position in Caterpillar by 1.2% during the fourth quarter. Sandy Cove Advisors LLC now owns 1,279 shares of the industrial products company’s stock valued at $733,000 after acquiring an additional 15 shares during the period. Hedge funds and other 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: Bank of America raised its price target on CAT from $735 to $825 and reiterated a “buy” call, adding upward analyst momentum and a near-term catalyst for investor interest. Article Title
Positive Sentiment: Forbes reports Caterpillar is pushing deeper into AI and data services for construction — a potential shift toward higher-margin, recurring software and telematics revenue that can support higher long-term multiple. From Dirt To Data: How Caterpillar Is Reinventing Construction With AI
Positive Sentiment: Caterpillar closed 2025 with an ~18% increase in Q4 revenue, underscoring demand resilience across construction and mining — revenue beat helps justify premium valuation while supporting earnings revisions. Caterpillar Posts 18% Rise in 4Q Revenue and Higher Tariff Costs
Positive Sentiment: Consensus analyst coverage remains skewed positive (many Buy/Outperform ratings and recent target increases), providing a supportive narrative for holders and momentum traders. Are Wall Street Analysts Predicting Caterpillar Stock Will Climb or Sink?
Neutral Sentiment: Macro and sector commentary (e.g., views on a potential return of inflation and pricing-power plays) could cut both ways — higher equipment pricing helps CAT, but renewed inflation raises input/capital-cost uncertainty. Inflation Is Coming Back – Here’s Where I’m Buying Pricing Power
Neutral Sentiment: Opinion pieces questioning whether CAT has “run too far” after a big one‑year rally highlight valuation risk and investor caution; useful for gauging profit‑taking pressure but not a hard fundamental change. Has Caterpillar (CAT) Run Too Far After Surging 103% In The Past Year?
Negative Sentiment: Material insider selling disclosed this week: Anthony Fassino sold ~6,033 shares (~$4.36M) and another senior disclosed a ~22,656‑share sale (~$16.3M). Heavy insider exits can rattle sentiment even with strong company results. Caterpillar (NYSE:CAT) Insider Sells $4,356,730.95 in Stock

Caterpillar Company Profile

(Get Free Report)

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.