Q1 Earnings Exceed Expectations: Caterpillar delivered a blockbuster first-quarter performance, with revenue climbing 22% to $17.4 billion against estimates of $16.5 billion and adjusted EPS of $5.54 topping forecasts by a wide margin. Social media erupted in praise for the record $63 billion backlog and surging power generation sales tied to data center demand. The stock rocketed to a new high near $890, reflecting investor enthusiasm for the industrial leader's momentum.
AI Data Center Backbone Emerges: Conversations spotlight Caterpillar's generators, turbines, and engines as critical enablers of the AI infrastructure surge, with power and energy revenue up over 40%. Users highlight how hyperscalers' massive orders are transforming the company into an overlooked AI play, boasting 160% gains over two years. This shift from traditional construction to high-tech power solutions has captivated online discourse.
Upgrades Signal Sustained Strength: Morgan Stanley's upgrade to equalweight with a $915 price target amplified the positive chatter, citing raised guidance and capacity expansions. Social media users draw parallels to top dividend growers and infrastructure winners, underscoring resilience amid tariffs and cycles. The overall vibe points to more upside ahead for this century-old powerhouse.
Note: This discussion summary was generated from an AI condensation of post data.
Caterpillar Insider Trading Activity
Caterpillar insiders have traded $CAT stock on the open market 57 times in the past 6 months. Of those trades, 1 have been purchases and 56 have been sales.
Here’s a breakdown of recent trading of $CAT stock by insiders over the last 6 months:
- LANGE BOB DE (Group President) has made 0 purchases and 7 sales selling 81,848 shares for an estimated $56,381,449.
- DENISE C JOHNSON (Group President) has made 0 purchases and 8 sales selling 39,138 shares for an estimated $26,655,960.
- ANTHONY D. FASSINO (Group President) has made 0 purchases and 4 sales selling 32,779 shares for an estimated $22,414,683.
- ANDREW R J BONFIELD (Chief Financial Officer) has made 0 purchases and 14 sales selling 20,000 shares for an estimated $11,465,037.
- JASON KAISER (Group President) has made 0 purchases and 14 sales selling 12,397 shares for an estimated $7,347,113.
- RODNEY MICHAEL SHURMAN (Group President) has made 0 purchases and 2 sales selling 4,042 shares for an estimated $3,077,011.
- JOSEPH E CREED (Chief Executive Officer) has made 0 purchases and 5 sales selling 2,500 shares for an estimated $1,797,316.
- WILLIAM E SCHAUPP (Chief Accounting Officer) has made 0 purchases and 2 sales selling 2,172 shares for an estimated $1,429,466.
- DAVID MACLENNAN purchased 300 shares for an estimated $170,658
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API.
Caterpillar Revenue
Caterpillar had revenues of $17.4B in Q1 2026. This is an increase of 22.22% from the same period in the prior year.
You can track CAT financials on Quiver Quantitative's CAT stock page.
Caterpillar Congressional Stock Trading
Members of Congress have traded $CAT stock 4 times in the past 6 months. Of those trades, 3 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $CAT stock by members of Congress over the last 6 months:
- REPRESENTATIVE JARED MOSKOWITZ sold up to $15,000 on 03/31.
- SENATOR JOHN BOOZMAN purchased up to $15,000 on 01/29.
- SENATOR MARKWAYNE MULLIN purchased up to $50,000 on 12/29.
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $15,000 on 11/18.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API.
Caterpillar Hedge Fund Activity
We have seen 1,541 institutional investors add shares of Caterpillar stock to their portfolio, and 1,543 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 12,772,236 shares (-78.3%) from their portfolio in Q4 2025, for an estimated $7,316,830,837
- NORGES BANK removed 5,579,193 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $3,196,152,293
- DIAMANT ASSET MANAGEMENT, INC. added 3,136,020 shares (+68427.2%) to their portfolio in Q1 2026, for an estimated $2,221,744,729
- CAPITAL INTERNATIONAL INVESTORS added 2,138,909 shares (+inf%) to their portfolio in Q4 2025, for an estimated $1,225,316,798
- BLACKROCK, INC. added 1,924,397 shares (+5.6%) to their portfolio in Q4 2025, for an estimated $1,102,429,309
- CAPITAL RESEARCH GLOBAL INVESTORS removed 1,450,160 shares (-33.8%) from their portfolio in Q4 2025, for an estimated $830,753,159
- WELLINGTON MANAGEMENT GROUP LLP removed 1,368,156 shares (-26.2%) from their portfolio in Q4 2025, for an estimated $783,775,527
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.
Caterpillar Government Contracts
We have seen $198,335,325 of award payments to $CAT over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- 8511390294!D9R TRACTOR DOZER: $87,034,944
- CAT EARTHMOVING SLEP: $6,936,620
- 8511039903!WHEEL LOADER: $3,175,643
- STANDARD CONTRACT WITH BASE AND OPTION QUANTITIES FOR UP TO 110 DIESEL ENGINES (NSN 2815-01-568-0408) FOR E...: $2,909,775
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.
Caterpillar Analyst Ratings
Wall Street analysts have issued reports on $CAT in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Wells Fargo issued a "Overweight" rating on 01/30/2026
- Jefferies issued a "Buy" rating on 01/30/2026
- JP Morgan issued a "Overweight" rating on 01/30/2026
- Citigroup issued a "Buy" rating on 01/13/2026
To track analyst ratings and price targets for Caterpillar, check out Quiver Quantitative's $CAT forecast page.
Caterpillar Price Targets
Multiple analysts have issued price targets for $CAT recently. We have seen 14 analysts offer price targets for $CAT in the last 6 months, with a median target of $821.0.
Here are some recent targets:
- Angel Castillo from Morgan Stanley set a target price of $915.0 on 05/01/2026
- Tami Zakaria from JP Morgan set a target price of $1125.0 on 05/01/2026
- Adam Seiden from Barclays set a target price of $800.0 on 05/01/2026
- Jerry Revich from Wells Fargo set a target price of $1050.0 on 05/01/2026
- Jamie Cook from Truist Securities set a target price of $920.0 on 04/20/2026
- Kyle Menges from Citigroup set a target price of $905.0 on 04/13/2026
- Kristen Owen from Oppenheimer set a target price of $817.0 on 03/06/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
