Caterpillar Inc. $CAT Stock Bought by Wealth Enhancement Trust Services Inc.

by · The Markets Daily

Wealth Enhancement Trust Services Inc. grew its position in Caterpillar Inc. (NYSE:CAT – Free Report) by 106.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,008 shares of the industrial products company’s stock after purchasing an additional 2,070 shares during the quarter. Wealth Enhancement Trust Services Inc.’s holdings in Caterpillar were worth $3,250,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of CAT. S.E.E.D. Planning Group LLC acquired a new position in Caterpillar in the third quarter valued at approximately $503,000. North Point Portfolio Managers Corp OH acquired a new position in shares of Caterpillar in the 3rd quarter valued at $101,000. Kwmg LLC grew its position in shares of Caterpillar by 3.8% in the 3rd quarter. Kwmg LLC now owns 541 shares of the industrial products company’s stock valued at $439,000 after buying an additional 20 shares during the last quarter. PFW Advisors LLC raised its stake in Caterpillar by 4.8% during the 3rd quarter. PFW Advisors LLC now owns 348 shares of the industrial products company’s stock worth $282,000 after acquiring an additional 16 shares in the last quarter. Finally, Strong Retirement Solutions LLC raised its stake in Caterpillar by 438.5% during the 3rd quarter. Strong Retirement Solutions LLC now owns 2,127 shares of the industrial products company’s stock worth $1,725,000 after acquiring an additional 1,732 shares in the last quarter. Institutional investors and hedge funds own 70.98% of the company’s stock.

Caterpillar Price Performance

Shares of CAT traded down $50.41 during mid-day trading on Wednesday, hitting $813.03. The company’s stock had a trading volume of 3,336,613 shares, compared to its average volume of 2,820,896. Caterpillar Inc. has a 1-year low of $489.34 and a 1-year high of $1,073.46. The company has a current ratio of 1.37, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65. The firm has a 50-day simple moving average of $822.83 and a 200 day simple moving average of $853.15. The firm has a market capitalization of $373.73 billion, a P/E ratio of 34.98, a P/E/G ratio of 1.47 and a beta of 1.58.

Caterpillar (NYSE:CAT – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share for the quarter, topping analysts’ consensus estimates of $6.22 by $1.95. The business had revenue of $20.54 billion for the quarter, compared to analysts’ expectations of $19.34 billion. Caterpillar had a net margin of 14.51% and a return on equity of 55.53%. The business’s revenue for the quarter was up 23.7% on a year-over-year basis. During the same period in the prior year, the company posted $4.72 EPS. Analysts predict that Caterpillar Inc. will post 27.42 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have issued reports on CAT shares. Wall Street Zen lowered Caterpillar from a “buy” rating to a “hold” rating in a report on Saturday, September 26th. Sanford C. Bernstein reissued a “market perform” rating and issued a $1,002.00 price objective on shares of Caterpillar in a report on Wednesday, August 5th. Needham & Company LLC set a $980.00 target price on shares of Caterpillar in a report on Thursday, September 10th. Zacks Research downgraded shares of Caterpillar from a “strong-buy” rating to a “hold” rating in a research report on Monday. Finally, Barclays upped their price objective on Caterpillar from $800.00 to $900.00 and gave the company an “equal weight” rating in a research note on Thursday, August 6th. Fifteen equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Caterpillar currently has a consensus rating of “Moderate Buy” and a consensus price target of $989.17.

Read Our Latest Stock Analysis on CAT

Insider Activity

In related news, CEO Joseph E. Creed sold 32,401 shares of the business’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $808.98, for a total value of $26,211,760.98. Following the sale, the chief executive officer directly owned 34,555 shares in the company, valued at $27,954,303.90. The trade was a 48.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.33% of the stock is owned by company insiders.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

  • Positive Sentiment: North Carolina expansion supports long-term demand: Caterpillar announced a $1 billion investment to expand Cat Compact manufacturing capacity in North Carolina, focusing on automation, advanced manufacturing technology, digital systems and workforce development. The project signals confidence in customer demand and reinforces the company’s U.S. manufacturing strategy. Caterpillar Commits $1 Billion to Expand North Carolina Manufacturing
  • Positive Sentiment: Analysts raised several future earnings estimates: Zacks Research increased its FY2026 EPS forecast to $27.36 from $27.01 and its FY2027 forecast to $32.44 from $31.43, while also lifting estimates for upcoming quarters through 2028. These revisions suggest expectations for continued earnings growth, although Zacks’ published rating was also reported as “Hold” in one update. Caterpillar Earnings Estimate Revisions
  • Neutral Sentiment: Potential physical-AI and data-center opportunities: Caterpillar and CoreWeave are working to accelerate development of physical-AI applications. Separately, commentary from Jim Cramer highlighted Caterpillar’s potential role in supplying power-related equipment for data centers. These opportunities could create longer-term growth, but their financial impact is not yet quantified. Caterpillar and CoreWeave Physical AI Partnership
  • Negative Sentiment: Higher interest rates are pressuring equipment demand: A sharp rise in long-term Treasury yields is weighing on manufacturers that sell expensive machinery financed through credit. Caterpillar was among the hardest-hit industrial names as investors reassessed the affordability of construction and agricultural equipment. Caterpillar Drops as Industrial Stocks Sell Off
  • Negative Sentiment: Regulatory uncertainty continues: The Federal Trade Commission and Department of Agriculture are soliciting public information about the farm-equipment market. Investors are concerned that the review could eventually lead to tighter rules affecting equipment repairs, distribution or manufacturer practices. Caterpillar and Deere Face Continuing Regulatory Pressure
  • Negative Sentiment: Valuation and rating concerns remain: With Caterpillar trading at a premium earnings multiple, investors may be less tolerant of macroeconomic or regulatory risks. Zacks Research also downgraded the stock from “Strong Buy” to “Hold,” adding to near-term caution. Caterpillar Stock Rating Cut to Hold

Caterpillar Company Profile

(Free Report)

Caterpillar Inc is a global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Its products are used in infrastructure development, construction, mining, energy production, transportation, agriculture, forestry, and other industrial applications.

The company markets equipment and related services through a worldwide network of independent dealers. Its operations are generally organized around Construction Industries, Resource Industries, and Energy & Transportation.

Featured Stories

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