Earnings Beat Ignites Buzz: Social media erupted following Caterpillar's Q1 revenue of $17.4 billion, exceeding forecasts by a wide margin, with EPS at $5.54 topping estimates. The results underscored robust demand, particularly in power generation up 41% from AI data center builds.
Record Backlog Fuels Optimism: Discussion centered on the $63 billion order backlog, a 79% year-over-year surge extending into 2028, as generators and turbines power AI infrastructure. Investors highlighted the stock's stellar run, up over 50% year-to-date amid historical resilience.
Valuation Concerns Emerge: While many praised the AI exposure, skeptics pointed to elevated multiples around 47 times earnings and a dip in EPS from prior year. The debate reflects broader market tensions over growth sustainability.
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 62 times in the past 6 months. Of those trades, 1 have been purchases and 61 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 8 sales selling 91,432 shares for an estimated $70,504,601.
- 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 5 sales selling 33,747 shares for an estimated $26,225,397.
- ANDREW R J BONFIELD (CFO Emeritus) has made 0 purchases and 15 sales selling 35,674 shares for an estimated $25,864,897.
- JASON KAISER (Group President) has made 0 purchases and 15 sales selling 18,039 shares for an estimated $12,329,168.
- RODNEY MICHAEL SHURMAN (Group President) has made 0 purchases and 4 sales selling 9,681 shares for an estimated $8,170,017.
- 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) sold 972 shares for an estimated $742,802
- DAVID MACLENNAN purchased 250 shares for an estimated $219,210
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 insider transaction endpoint.
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.
You can access data on CAT stock through the Quiver Quantitative API.
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 Congress trades endpoint.
Caterpillar Hedge Fund Activity
We have seen 1,575 institutional investors add shares of Caterpillar stock to their portfolio, and 1,582 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 13F endpoint.
Caterpillar Government Contracts
We have seen $200,436,083 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
- THE PURPOSE OF THIS FIRM FIXED PRICE DELIVERY ORDER IS TO PURCHASE CATERPILLAR SPARE PARTS FOR THE COUNTRY ...: $25,914,691
- CAT EARTHMOVING SLEP: $6,936,620
- DELIVERY ORDER W912CH-26-F-0058 IS FOR THE PROCUREMENT OF 33 CDRL'S TO INCORPORATE THE ELECTRO-OVER HYDRAUL...: $6,502,066
- 8511039903!WHEEL LOADER: $3,175,643
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.
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 $861.5.
Here are some recent targets:
- John Eade from Argus Research set a target price of $990.0 on 05/05/2026
- Michael Shlisky from DA Davidson set a target price of $845.0 on 05/04/2026
- Kyle Menges from Citigroup set a target price of $1020.0 on 05/04/2026
- 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
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.
