Symphony Financial 13F: Adds $1.4M to Caterpillar (CAT) Stake

Symphony Financial boosted its position in Caterpillar Inc. (NYSE: CAT) by 78.7%, according to a Form 13F filing with the SEC on October 22, 2026. The fund added 1,652 shares during the period to bring its total holding to 3,751 shares. That updated stake carried a reported value of roughly $3.1 million at the time of the filing.

CAT Caterpillar Inc.

$704.05 ▲ +18.37% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Symphony Financial's Caterpillar Position

Symphony Financial grew its investment by purchasing 1,652 additional shares, lifting its prior count of 2,099 shares up to 3,751 shares. This marks a 78.7% increase for the portfolio's holding in the heavy machinery maker.

Other Institutional Activity in Caterpillar

Other institutional investors made notable adjustments to their Caterpillar shares around the same time. Livforsakringsbolaget Skandia grew its holdings by 5,280 shares, ending with 20,062 shares worth about $16.3 million. ASR Vermogensbeheer N.V. sold its entire position of 61,741 shares. Foster Group trimmed its stake by 782 shares, leaving it with 1,738 shares valued at about $1.4 million. First Citizens Bank & Trust grew its holdings by 7,029 shares, ending with 12,695 shares worth about $10.3 million. Mirae Asset Securities sold out its entire stake of 16,054 shares.

Caterpillar Inc. Stock Down 3.0%

Caterpillar recently traded around $703.81, down slightly from its event-day close of $704.05 on October 22, 2026. The stock sits below its 50-day moving average of $806.12 and its 200-day moving average of $807.76. Shares have traded in a 52-week range between $510.21 and $1,073.46.

Recent Earnings

Caterpillar posted trailing twelve-month revenues of $74.7 billion and earnings of $23.23 per share. The company reported a net profit margin of 14.5% alongside a return on equity of 57.0%. Its next quarterly earnings release is scheduled for October 29, 2026.

Dividend

Caterpillar pays an annual dividend rate of $6.52 per share, which translates to a dividend yield of 0.88%. The company maintains a dividend payout ratio of 26.0%.

Insider Buying and Selling at Caterpillar Inc.

Company insiders made several stock purchases in late June 2026. Chief Financial Officer Epley Kyle Joseph bought 6 shares at $997.47 per share for a total value of $5,984.82 on June 26, 2026. Group President Jason Kaiser picked up 5 shares at $997.47 each for a total value of $4,987.35 on the same day. Chief Executive Officer Joseph Creed acquired 16 shares at $997.47 per share worth $15,959.52 on June 26, 2026. Finally, David Maclennan bought 22 shares at $1,055.33 each for a total value of $23,217.26 on June 30, 2026.

Analysts Set New Price Targets

Analyst coverage includes several rating updates leading up to the filing. Evercore ISI Group maintained an Outperform rating on August 11, 2026, lowering its price target to $1,045 from $1,103. Freedom Broker upgraded the stock to a buy rating with a $980 price target on September 10, 2026. Truist Securities maintained a buy rating on October 5, 2026, lowering its target from $1,225 to $1,100. Citigroup reiterated its buy rating on October 12, 2026, adjusting its price target to $950 from $1,100. Oppenheimer maintained an Outperform rating on October 14, 2026, lowering its target to $1,009 from $1,118. The stock holds a consensus buy recommendation from 26 analysts with a mean price target of $945.76.

About Caterpillar

Caterpillar designs and manufactures construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. The Irving, Texas-based company serves customers across infrastructure, resource industries, and energy sectors globally.

Bottom Line

Investors will look ahead to Caterpillar's upcoming earnings report on October 29, 2026, for updated financial figures. Institutional reports and insider transactions continue to draw attention as the stock trades below its key moving averages.