Daiwa Securities Group Issues Positive Forecast for Caterpillar (NYSE:CAT) Stock Price

Caterpillar (NYSE:CAT) had its target price boosted by Daiwa Securities Group from $640.00 to $790.00 in a report issued on Wednesday,MarketScreener reports.

Several other equities research analysts also recently commented on CAT. Bank of America upped their price target on shares of Caterpillar from $735.00 to $825.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Wolfe Research raised their target price on Caterpillar from $470.00 to $670.00 and gave the stock an “outperform” rating in a research report on Friday, January 2nd. UBS Group reissued a “neutral” rating and set a $677.00 price target on shares of Caterpillar in a research report on Monday, February 2nd. Sanford C. Bernstein restated a “market perform” rating and set a $678.00 price objective on shares of Caterpillar in a research report on Friday, January 30th. Finally, JPMorgan Chase & Co. upped their target price on Caterpillar from $740.00 to $765.00 and gave the company an “overweight” rating in a report on Friday, January 30th. Sixteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $712.52.

Caterpillar Stock Performance

CAT opened at $766.15 on Wednesday. Caterpillar has a fifty-two week low of $267.30 and a fifty-two week high of $789.81. The firm has a market cap of $356.48 billion, a PE ratio of 40.71, a P/E/G ratio of 1.82 and a beta of 1.58. The company has a quick ratio of 0.94, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The business has a fifty day simple moving average of $660.74 and a 200-day simple moving average of $559.89.

Caterpillar (NYSE:CAT) last issued its quarterly earnings results on Thursday, January 29th. The industrial products company reported $5.16 earnings per share for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $17.81 billion. During the same quarter last year, the business posted $5.14 EPS. Caterpillar’s revenue was up 17.9% on a year-over-year basis. As a group, equities analysts predict that Caterpillar will post 19.86 EPS for the current fiscal year.

Caterpillar Announces Dividend

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

Insider Activity

In other news, insider Lange Bob De sold 22,656 shares of the firm’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $720.11, for a total transaction of $16,314,812.16. Following the transaction, the insider owned 79,953 shares in the company, valued at approximately $57,574,954.83. This trade represents a 22.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Anthony D. Fassino sold 10,671 shares of the company’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $680.45, for a total transaction of $7,261,081.95. Following the completion of the sale, the insider owned 41,151 shares of the company’s stock, valued at $28,001,197.95. This represents a 20.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 143,450 shares of company stock valued at $98,245,065. 0.33% of the stock is currently owned by company insiders.

Institutional Trading of Caterpillar

Institutional investors and hedge funds have recently made changes to their positions in the stock. Torren Management LLC acquired a new stake in Caterpillar in the 4th quarter worth approximately $27,000. Frazier Financial Advisors LLC raised its position in shares of Caterpillar by 220.0% in the fourth quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 33 shares during the period. IFS Advisors LLC acquired a new stake in shares of Caterpillar in the fourth quarter worth $31,000. Cornerstone Financial Management LLC bought a new stake in shares of Caterpillar during the 4th quarter worth $32,000. Finally, Rialto Wealth Management LLC grew its stake in Caterpillar by 47.4% in the 4th quarter. Rialto Wealth Management LLC now owns 56 shares of the industrial products company’s stock valued at $32,000 after buying an additional 18 shares during the last quarter. Institutional investors and hedge funds own 70.98% of the company’s stock.

Key Stories Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Wells Fargo raised its price target on CAT to $870 and kept an “overweight” rating — a sizable upward revision that supports further upside expectations. Wells Fargo price target raise
• Positive Sentiment: Daiwa Securities raised its target to $790, another analyst upgrade adding to bullish analyst momentum. Daiwa price target raise
• Positive Sentiment: Large institutional flows and analyst upgrades remain supportive — recent filings show major fund increases (Norges Bank, Wellington, Capital International, MFS) and some analysts have lifted FY26 estimates.
• Positive Sentiment: Caterpillar expanded its software and services footprint by acquiring Australian mining‑software firm RPMGlobal — strategic for aftermarket/service revenue and digital offerings. RPMGlobal acquisition
• Positive Sentiment: Caterpillar Venture Capital backed ElevenEs’ Series B — a small strategic investment signaling tilt toward tech/commodity‑trading adjacencies. ElevenEs Series B
• Neutral Sentiment: Coverage comparing Caterpillar and Deere highlights divergent recent results; useful competitive context but not an immediate catalyst by itself. CAT vs Deere analysis
• Neutral Sentiment: Market commentary notes a larger diesel genset market and that CAT now trades at a premium valuation (high P/E), increasing sensitivity to any slowdown — contextual, not instantly catalytic. Diesel gensets / valuation
• Negative Sentiment: Short interest jumped ~61% in February to ~10.0M shares (≈2.2% of shares), raising near‑term bearish pressure and potential volatility if shorts cover or add. (Days‑to‑cover ≈2.5.)
• Negative Sentiment: Insider selling: director Rodney Michael Shurman sold 2,278 shares (and had earlier sales), which can be interpreted negatively by some investors even if economically modest. Insider sale filing

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.