Mirae Asset Securities (Usa) 13F: Exits Caterpillar (CAT) Stake

Mirae Asset Securities has completely exited its investment in Caterpillar Inc. CAT, selling off all 16,054 shares it previously owned. The complete liquidation was revealed in the firm's latest Form 13F filing with the Securities and Exchange Commission on October 15, 2026. Because 13F filings look backward at holdings from the end of the reported quarter, this report may not reflect the investor's current portfolio today.

Inside Mirae Asset Securities's Caterpillar Trade

In a complete sell-off, Mirae Asset Securities dropped its 16,054 shares of Caterpillar down to zero. The firm held 16,054 shares prior to the trade, marking a complete exit from the heavy machinery maker.

Other Institutional Activity in Caterpillar

Other large institutional managers made mixed adjustments to their Caterpillar holdings during the same reporting window. Blackrock Inc. grew its holdings by 821,458 shares, ending with 37,991,505 shares worth about $27,762,672,564. State Street Corporation reduced its stake by 488,329 shares, wrapping up the period with 34,392,316 shares valued at roughly $25,132,529,176. Vanguard Capital Management LLC trimmed its position by 157,222 shares to hold 30,077,764 shares worth about $21,979,627,114. State Farm Mutual Automobile Insurance Co cut its holdings by 55,346 shares, leaving it with 14,509,304 shares valued at approximately $10,602,819,132. Meanwhile, Vanguard Portfolio Management LLC added 320,731 shares to finish with 12,026,244 shares worth around $8,788,298,182.

Caterpillar Inc. Stock Down 2.1%

Caterpillar shares recently traded around $733.21 as of October 16, 2026. The stock sits about 10.1% below its 50-day moving average of $815.28 and roughly 8.9% below its 200-day moving average of $804.97. The heavy machinery maker has traded between a 52-week low of $510.21 and a 52-week high of $1,073.46.

Recent Earnings

Caterpillar posted trailing twelve-month revenue of $74.73 billion alongside trailing twelve-month earnings of $23.23 per share. The company reported a net profit margin of 14.5% and a return on equity of 57.0%. Its year-over-year revenue growth stood at 24.0%. The company's next quarterly earnings report is scheduled for October 29, 2026.

Dividend

Caterpillar pays an annual dividend yielding 0.89%, supported by a dividend payout ratio of 26.0%.

Insider Buying and Selling at Caterpillar Inc.

Company insiders made several transactions prior to the filing. On June 26, 2026, Chief Financial Officer Epley Kyle Joseph bought 6 shares at $997.47 apiece for a total value of $5,984.82. On the same day, Group President Jason Kaiser bought 5 shares at $997.47 each for a total of $4,987.35. On June 30, 2026, David Maclennan bought 22 shares at $1055.33 per share totaling $23,217.26. Later, on August 28, 2026, Chief Executive Officer Joseph E Creed sold 32,401 shares for a total value of $26,211,764.00.

Analysts Set New Price Targets

Wall Street firms updated their views on Caterpillar ahead of the filing. On August 6, 2026, DA Davidson maintained a Neutral rating while raising its price target from $845.00 to $882.00. Evercore ISI Group maintained an Outperform rating on August 11, 2026, while lowering its target from $1,103.00 to $1,045.00. Freedom Broker upgraded the stock to a Buy on September 10, 2026, with a $980.00 price target. Truist Securities maintained a Buy rating on October 5, 2026, trimming its target from $1,225.00 to $1,100.00. Citigroup maintained a Buy rating on October 12, 2026, adjusting its target from $1,100.00 down to $950.00. Overall, the stock carries a consensus Buy rating from analysts with a mean price target of $951.11 across 26 analyst opinions.

About Caterpillar

Headquartered in Irving, Texas, Caterpillar manufactures construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. The company operates globally across heavy industries, serving customers who rely on heavy machinery for infrastructure, resource extraction, and energy production. Institutional shifts like Mirae's exit offer a window into how professional managers reallocate capital amid changing sector conditions.

Bottom Line

Investors will look toward Caterpillar's upcoming earnings report on October 29, 2026, for fresh updates on demand across its construction and mining segments. Institutional filings only show past positioning, so future reports will show if other funds follow Mirae Asset Securities out the door or step in to buy the dip. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.