Caterpillar (NYSE:CAT) Stock Price Up 1.7% After Analyst Upgrade

Shares of Caterpillar Inc. (NYSE:CAT) were up 1.7% during trading on Tuesday after Citigroup raised their price target on the stock from $760.00 to $785.00. Citigroup currently has a buy rating on the stock. Caterpillar traded as high as $730.79 and last traded at $716.7610. Approximately 3,034,662 shares changed hands during trading, an increase of 1% from the average daily volume of 3,003,102 shares. The stock had previously closed at $704.82.

Other analysts have also issued research reports about the stock. HSBC lifted their price target on shares of Caterpillar from $660.00 to $850.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. JPMorgan Chase & Co. raised their target price on Caterpillar from $765.00 to $860.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 4th. CICC Research began coverage on Caterpillar in a research note on Friday, February 6th. They issued an “outperform” rating on the stock. Oppenheimer raised their price objective on Caterpillar from $729.00 to $817.00 and gave the stock an “outperform” rating in a research report on Friday, March 6th. Finally, Bank of America upped their target price 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. Sixteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Caterpillar has an average rating of “Moderate Buy” and an average price target of $730.50.

Insider Transactions at Caterpillar

In related news, insider Anthony D. Fassino sold 7,891 shares of the stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $776.90, for a total transaction of $6,130,517.90. Following the transaction, the insider owned 46,643 shares of the company’s stock, valued at approximately $36,236,946.70. This represents a 14.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Rodney Michael Shurman sold 2,278 shares of the firm’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $759.61, for a total value of $1,730,391.58. Following the transaction, the insider owned 1,443 shares of the company’s stock, valued at $1,096,117.23. This trade represents a 61.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 135,950 shares of company stock worth $94,327,990. 0.33% of the stock is owned by corporate insiders.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Oppenheimer raised its price target on CAT to $817 (from $729) and maintained an Outperform rating, citing valuation support and ongoing demand — a bullish signal for investors. Read More.
• Positive Sentiment: Citigroup bumped its price target to $785 and kept a Buy rating, adding to analyst momentum that can drive investor interest. Read More.
• Positive Sentiment: Atlas Energy signed a deal to secure roughly $840 million of Caterpillar power-generation capacity through 2029 — a meaningful multi-year commercial commitment supporting revenue visibility in the power segment. Read More.
• Positive Sentiment: Product/innovation upside: Caterpillar unveiled heavy electric-drive dozer tech, showing progress on electrification that can open new markets and appeal to sustainability-focused buyers. Read More.
• Positive Sentiment: Short interest fell ~17% in February to ~8.3M shares (1.8% of float), reducing potential short-covering pressure and lowering a bearish overhang for the stock.
• Neutral Sentiment: Media and analyst commentary is mixed: coverage ranges from buy/price-target upgrades and positive long-term takes to pieces highlighting a recent pullback and valuation debate — useful context but not an immediate catalyst. Read More.
• Neutral Sentiment: CEO interviews and tech/AI strategy coverage underline a long-term innovation story (AI/data efforts) that supports the investment thesis but is a longer-horizon catalyst. Read More.
• Neutral Sentiment: Caterpillar was cited among Dow gainers as broader market strength lifts industrial names; market momentum helps but is not company-specific. Read More.
• Negative Sentiment: An executive sale of roughly $1.8M in stock was reported, which can be perceived negatively by some investors despite routine insider liquidity. Read More.

Hedge Funds Weigh In On Caterpillar

Several institutional investors have recently modified their holdings of CAT. Kilter Group LLC purchased a new position in Caterpillar in the second quarter valued at $27,000. Torren Management LLC acquired a new stake in Caterpillar in the 4th quarter valued at about $27,000. Marquette Asset Management LLC raised its position in Caterpillar by 1,060.0% in the 3rd quarter. Marquette Asset Management LLC now owns 58 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 53 shares in the last quarter. Frazier Financial Advisors LLC grew its position in shares of Caterpillar by 220.0% during the fourth quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company’s stock worth $28,000 after buying an additional 33 shares in the last quarter. Finally, IFS Advisors LLC purchased a new stake in shares of Caterpillar during the fourth quarter worth approximately $31,000. Institutional investors and hedge funds own 70.98% of the company’s stock.

Caterpillar Trading Up 1.7%

The company’s fifty day moving average is $686.76 and its two-hundred day moving average is $580.40. 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 stock has a market cap of $333.50 billion, a price-to-earnings ratio of 38.09, a PEG ratio of 1.67 and a beta of 1.54.

Caterpillar (NYSE:CAT) last posted its quarterly earnings results on Thursday, January 29th. The industrial products company reported $5.16 EPS for the quarter, topping the consensus estimate of $4.67 by $0.49. The company had revenue of $19.13 billion during the quarter, compared to analysts’ expectations of $17.81 billion. Caterpillar had a net margin of 13.14% and a return on equity of 45.76%. The firm’s revenue was up 17.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $5.14 EPS. On average, research analysts predict that Caterpillar Inc. will post 19.86 EPS for the current fiscal year.

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.