Weekly Investment Analysts’ Ratings Updates for Caterpillar (CAT)

by · The Markets Daily

Caterpillar (NYSE: CAT) recently received a number of ratings updates from brokerages and research firms:

  • 4/22/2026 – Caterpillar had its price target raised by Robert W. Baird from $805.00 to $940.00. They now have an “outperform” rating on the stock.
  • 4/21/2026 – Caterpillar had its price target raised by Wells Fargo & Company from $870.00 to $960.00. They now have an “overweight” rating on the stock.
  • 4/20/2026 – Caterpillar had its price target raised by Truist Financial Corporation from $786.00 to $920.00. They now have a “buy” rating on the stock.
  • 4/15/2026 – Caterpillar had its price target raised by Morgan Stanley from $425.00 to $430.00. They now have an “underweight” rating on the stock.
  • 4/15/2026 – Caterpillar had its price target raised by Jefferies Financial Group Inc. from $825.00 to $900.00. They now have a “buy” rating on the stock.
  • 4/14/2026 – Caterpillar had its price target raised by Oppenheimer Holdings, Inc. from $817.00 to $832.00. They now have an “outperform” rating on the stock.
  • 4/13/2026 – Caterpillar had its price target raised by Citigroup Inc. from $785.00 to $905.00. They now have a “buy” rating on the stock.
  • 4/9/2026 – Caterpillar had its price target raised by Sanford C. Bernstein from $678.00 to $769.00. They now have a “market perform” rating on the stock.
  • 3/31/2026 – Caterpillar had its price target raised by Wolfe Research from $670.00 to $750.00. They now have an “outperform” rating on the stock.
  • 3/31/2026 – Caterpillar had its price target raised by Barclays PLC from $625.00 to $700.00. They now have an “equal weight” rating on the stock.
  • 3/10/2026 – Caterpillar was given a new $825.00 price target by Williams Trading.
  • 3/9/2026 – Caterpillar had its price target raised by Citigroup Inc. from $760.00 to $785.00. They now have a “buy” rating on the stock.
  • 3/6/2026 – Caterpillar had its price target raised by Oppenheimer Holdings, Inc. from $729.00 to $817.00. They now have an “outperform” rating on the stock.
  • 3/6/2026 – Caterpillar had its price target raised by Jefferies Financial Group Inc. from $785.00 to $825.00. They now have a “buy” rating on the stock.
  • 3/4/2026 – Caterpillar had its price target raised by JPMorgan Chase & Co. from $765.00 to $860.00. They now have an “overweight” rating on the stock.
  • 2/25/2026 – Caterpillar had its price target raised by Wells Fargo & Company from $756.00 to $870.00. They now have an “overweight” rating on the stock.
  • 2/25/2026 – Caterpillar had its price target raised by Daiwa Securities Group Inc. from $640.00 to $790.00.

Caterpillar Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 19th. Investors of record on Monday, April 20th will be paid a $1.51 dividend. This represents a $6.04 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Monday, April 20th. Caterpillar’s payout ratio is currently 32.09%.

Insiders Place Their Bets

In related news, insider Denise C. Johnson sold 39,138 shares of Caterpillar stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $681.08, for a total value of $26,656,109.04. Following the completion of the transaction, the insider directly owned 43,350 shares in the company, valued at approximately $29,524,818. The trade was a 47.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Rodney Michael Shurman sold 2,278 shares of Caterpillar stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $759.61, for a total transaction of $1,730,391.58. Following the completion of the transaction, the insider owned 1,443 shares of the company’s stock, valued at $1,096,117.23. This represents a 61.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 125,950 shares of company stock worth $88,577,390 in the last three months. Insiders own 0.33% of the company’s stock.

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.

Featured Articles