Brevan Howard Capital Management 13F: Adds $3.7M to CAT Stake

Brevan Howard Capital Management Expands Caterpillar Holdings

Brevan Howard Capital Management grew its investment in Caterpillar Inc NYSE CAT by picking up 3,434 additional shares. The purchase represents a 66.1% increase over the fund's prior count of 5,199 shares. That brings its total ending stake to 8,633 shares. Based on the reporting period details, the investment carried a reported value of about $9.19 million.

Caterpillar Stock Trades Near Peak Levels

Shares of Caterpillar trade close to the upper boundary of their 52-week range which stretches from $510.21 to $1073.46. With the stock priced at $1064.90 on Saturday, the company maintains a valuation supported by steady demand for heavy equipment and engines. The current P/E ratio sits at 31.7 while the forward P/E rests at 22.6.

Insider Buying and Selling at Caterpillar Inc.

Company leaders have added to their personal share counts over the summer months. On June 30, 2026, David Maclennan bought 22 shares at a price of $1055.33 for a total of $23217.26. Earlier on June 26, 2026, CEO Joseph Creed purchased 16 shares at $997.47 apiece totaling $15959.52. Chief Financial Officer Kyle Epley also bought 6 shares at $997.47 on June 26, 2026, coming out to $5984.82. Group President Jason Kaiser joined them on the same date by picking up 5 shares at $997.47 for a total of $4987.35.

Wall Street Analysts Update Targets

Analyst firms have adjusted their views on the heavy equipment manufacturer through late summer and autumn. On August 5, 2026, UBS maintained a neutral rating with a $925.00 target. DA Davidson kept a neutral rating with an $882.00 target on August 6, 2026, while Barclays held an equal weight rating and set a $900.00 target. Evercore ISI Group kept an outperform rating with a $1045.00 target on August 11, 2026. Freedom Broker upgraded the stock to a buy with a $980.00 target on September 10, 2026. Truist Securities maintained a buy rating on October 5, 2026, with a $1100.00 target. Citigroup kept a buy rating on October 12, 2026, while moving its target to $950.00 from $1100.00. Across 26 analyst opinions, the stock carries a consensus buy recommendation and a mean price target of $951.11.

Equipment and Engine Manufacturing Operations

Caterpillar designs and builds construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and locomotives. Headquartered in Irving, Texas, the firm serves customers across construction, resource industries, and energy sectors globally. Institutional filings provide a retrospective look at portfolio adjustments rather than live trading data, meaning this snapshot reflects holdings as of May 15, 2026 and may not match the fund's current position today. Observers will watch for the company's next earnings report on October 29, 2026, for updated financial metrics.