Rep. Lisa C. McClain (R-MI) Buys Caterpillar (CAT) Stock
Republican Rep. Lisa C. McClain purchased Caterpillar stock valued between $1,001 and $15,000.
Reviewed by automated data checks against the source filing. How we make and check alerts
Rep. Lisa C. McClain (R-MI) bought between $1,001 and $15,000 of Caterpillar Inc. ($CAT) stock on September 28, 2026. The trade was disclosed in a STOCK Act periodic transaction report filed October 12, 2026.
Since the trade, $CAT is up 3.4% after 1 week and down 10.9% to date (from the $819.95 close on Sep 28, 2026).
Financial Disclosure Report
Clerk of the House of Representatives • Legislative Resource Center • B81 Cannon Building • Washington, DC 20515
Filer Information
- Name:
- Rep. Lisa C. McClain (R)
- Status:
- Member — House
- Party:
- Republican
Filing Information
- Filing Type:
- Periodic Transaction Report
- Filing Year:
- 2026
- Filing Date:
- Oct 12, 2026
Schedule B: Transactions
| Asset | Transaction | Date | Amount |
|---|---|---|---|
| Caterpillar Inc. ($CAT) | Buy | Sep 28, 2026 | $1,001 - $15,000 |
Summary of the filed report, not the original document. View the original: STOCK Act disclosure (House Clerk)
CAT
Caterpillar Inc.
Key Points
- On September 28, 2026, Rep. Lisa C. McClain bought Caterpillar Inc. (CAT) shares valued between $1,001 and $15,000.
- Caterpillar shares recently traded around $733.21, which is below both the 50-day and 200-day moving averages.
- Analysts maintain a consensus rating of 'buy' with a mean price target of $951.11 for Caterpillar.
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Rep. Lisa C. McClain, a Republican from Michigan's 9th district, made a stock purchase of Caterpillar Inc. (CAT) on September 28, 2026. The transaction, disclosed in a periodic report filed under the STOCK Act on October 12, 2026, was valued between $1,001 and $15,000.
Lisa C. McClain vs. the S&P 500
Hypothetical returns from Lisa C. McClain's disclosed trades, not real profit or advice. How we model this.
Inside Lisa C. McClain's Trade
McClain's purchase comes as Caterpillar shares recently traded around $733.21, which is below both the 50-day moving average of $815.28 and the 200-day moving average of $804.97. The company operates in the industrial sector, providing construction and mining equipment among other products.
Other Institutional Activity in Caterpillar
Several institutional investors have made changes to their stakes in Caterpillar. Blackrock Inc. increased its holdings by 821,458 shares, bringing its total to about 37.99 million shares valued at approximately $27.76 billion. Meanwhile, State Street Corporation reduced its position by 488,329 shares, ending with about 34.39 million shares worth around $25.13 billion. Vanguard Capital Management LLC also trimmed its stake, reducing its holdings by 157,222 shares, which now total approximately 30.08 million shares valued at about $21.98 billion.
Caterpillar Inc. Stock Down 2.4%
Caterpillar shares are currently trading below their 50-day and 200-day moving averages, indicating a potential underperformance compared to historical trends. The stock is also about 31.7% below its 52-week high of $1,073.46, while still 43.7% above its 52-week low of $510.21.
Recent Earnings
Caterpillar reported trailing twelve-month revenue of approximately $74.73 billion and an earnings per share (EPS) of $23.23. The company has a return on equity (ROE) of 57.0% and a net margin of 14.5%. The next earnings report is scheduled for October 29, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
-
Forward outlook
7 analysts raised price targets.
-
EPS & revenue
EPS beat estimates by 18.8%. Revenue beat estimates by 3.8%.
-
Profit surprise
EBITDA beat by 32 percent. Operating income beat by 34 percent.
-
Pre-earnings setup
Expectations were about average.
-
Analyst signal
1 upgrade, 7 target raises.
-
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.
Insider Buying and Selling at Caterpillar Inc.
Before McClain's purchase, several insiders made notable transactions. For instance, David Maclennan bought 22 shares on June 30, 2026, at an average price of $1,055.33, totaling around $23,217.26. Officer William E. Schaupp sold 360 shares on May 13, 2026, valued at approximately $326,160.
Analysts Set New Price Targets
Analysts have a consensus recommendation of 'buy' for Caterpillar. On September 10, 2026, Freedom Broker upgraded the stock with a price target of $980. Other firms, such as UBS and DA Davidson, have maintained neutral ratings with targets of $925 and $882, respectively.
About Caterpillar
Caterpillar Inc. is a leading manufacturer of construction and mining equipment, as well as engines and turbines. The company's diverse product line serves various industries, making it a key player in the industrial sector. McClain's recent purchase could reflect her confidence in the company's future performance amid fluctuating stock prices.
Bottom Line
Investors should watch Caterpillar's upcoming earnings report on October 29, 2026, as well as any further trades by lawmakers like McClain. The recent trading activity suggests a mix of confidence and caution among institutional investors and insiders alike.
Related Filing Alerts
Source: Lisa C. McClain's STOCK Act disclosure on $CAT (Sep 28, 2026). Read the original filing: STOCK Act disclosure (House Clerk). Written by software, not financial advice. How we make alerts