Caterpillar Group President Jason Kaiser Buys Shares
Jason Kaiser, Caterpillar's Group President, purchased 5 shares on June 26.
Key Points
- Jason Kaiser, Group President of Caterpillar, bought 5 shares at an average price of $997.47 on June 26, 2026.
- Caterpillar shares were trading at $1,033.19 on Tuesday, with a market cap of approximately $459.4 billion.
- Analysts maintain a positive outlook, with Wells Fargo setting a price target of $1,155 on June 23, 2026.
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On June 26, 2026, Jason Kaiser, the Group President of Caterpillar Inc. (NYSE:CAT), bought 5 shares of the company at an average price of $997.47 each. This purchase was not part of a pre-planned trading program. As of Tuesday, Caterpillar shares were trading around $1,033.19.
Insider Buying and Selling at Caterpillar Inc.
Jason Kaiser wasn't the only insider buying shares at Caterpillar recently. On the same day, Joseph Creed, the Chief Executive Officer, purchased 16 shares at the same price. Additionally, Kyle Joseph Epley, the Chief Financial Officer, bought 6 shares. Earlier in June, James Fish Jr., David MacLennan, and Nazzic Keene each acquired 211 shares, although the price for these transactions was not specified.
Other Institutional Activity in Caterpillar
BlackRock, Inc. increased its holdings in Caterpillar by 960,658 shares, bringing its total to over 37.1 million shares valued at approximately $26.3 billion. Geode Capital Management, LLC also boosted its stake by 517,301 shares, ending with about 11.1 million shares worth $7.9 billion. In contrast, State Street Corp reduced its position by 507,946 shares, leaving it with around 34.9 million shares valued at $24.7 billion. Vanguard Capital Management LLC and Vanguard Portfolio Management LLC both opened new positions, acquiring over 30.2 million and 11.7 million shares, respectively.
Caterpillar Inc. Stock Up 29.1%
Caterpillar Inc. has a market capitalization of about $459.4 billion. Its current P/E ratio is 49.7, with a forward P/E of 33.1, indicating investor expectations for future earnings growth. The stock's beta of 1.603 suggests it is more volatile than the broader market. Over the past 52 weeks, shares have ranged between $384.25 and $1,057.07. The company's 50-day moving average is $895.37, while the 200-day moving average stands at $685.13. Caterpillar maintains a current ratio of 1.353 and a quick ratio of 0.73, alongside a relatively high debt-to-equity ratio of 230.793.
$CAT stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
In its latest earnings report, Caterpillar posted revenue of $70.76 billion, reflecting a 22.2% growth. The company achieved a net margin of 13.3% and a return on equity of 51.3%. The next earnings announcement is expected on August 4, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
7 analysts raised price targets.
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EPS & revenue
EPS beat estimates by 18.8%. Revenue beat estimates by 3.8%.
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Profit surprise
EBITDA beat by 32 percent. Operating income beat by 34 percent.
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Pre-earnings setup
Expectations were about average.
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Analyst signal
1 upgrade, 7 target raises.
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Earnings quality
Positive free cash flow.
Earnings Call Summary
Caterpillar had a strong first quarter with revenue of 17.4 billion dollars, up 22 percent from last year, and adjusted earnings per share of 5.54 dollars, beating consensus of 4.55 dollars. Backlog hit a record 63 billion dollars, with particularly strong demand for power generation equipment serving data centers. Management is investing aggressively in capacity expansion because customers are committing to long term orders for backup power, prime power, and gas compression applications across multiple industries.
Guidance Caterpillar raised its 2026 sales outlook to low double digit growth from expectations set in January. The company expects continued growth across all three segments driven by strong backlog and resilient end markets, especially in power generation for data centers. Management plans to expand large reciprocating engine capacity to nearly 3 times 2024 levels by 2030.
Clearly positive report. Results were better than expected, though the forward reset is not the strongest.
Dividend
Caterpillar offers an annual dividend rate of $6.52, yielding 0.65%. The payout ratio is 29.58%, indicating a sustainable dividend policy.
Analysts Set New Price Targets
On June 23, 2026, Wells Fargo maintained its 'buy' rating for Caterpillar, setting a price target of $1,155. Other firms like Argus Research and Citigroup have also maintained 'buy' ratings with targets of $990 and $1,020, respectively. The consensus among 26 analysts is a 'buy' recommendation, with an average price target of $951.03.
About Caterpillar
Caterpillar Inc., headquartered in Irving, Texas, is a leading manufacturer of construction and mining equipment, diesel and natural gas engines, and industrial gas turbines. The company operates through several segments, including Construction Industries, Resource Industries, Energy & Transportation, and Financial Products. Under the leadership of CEO Christine M. Pambianchi, Caterpillar employs around 118,000 people globally.
Bottom Line
Jason Kaiser's recent share purchase at Caterpillar highlights ongoing insider confidence. Investors often monitor such activities as they can signal management's outlook on the company's future. While 13F filings and insider transactions provide a snapshot of past actions, they may not reflect the current position or future intentions.
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