Key Points
- Insider selling: Caterpillar insider Denise Johnson sold 6,196 shares on May 13 at an average price of $909.79, totaling about $5.64 million. After the sale, she still held 49,825 shares, reducing her ownership by 11.06%.
- Strong recent results: Caterpillar reported quarterly EPS of $5.54, beating analyst expectations of $4.65, on revenue of $17.42 billion versus estimates of $16.53 billion. Revenue rose 22.2% year over year, and the company posted a 48.21% return on equity.
- Positive outlook and valuation: The stock has risen to around $919, near its 52-week high of $931.35, while analysts remain broadly constructive with a consensus rating of Moderate Buy and a target price of $923.14. Caterpillar also announced a quarterly dividend of $1.51 per share, payable May 19.
Caterpillar Inc. (NYSE:CAT - Get Free Report) CAO William Schaupp sold 360 shares of Caterpillar stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $906.00, for a total value of $326,160.00. Following the sale, the chief accounting officer owned 530 shares in the company, valued at $480,180. This trade represents a 40.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.
Caterpillar Stock Up 1.8%
Shares of NYSE:CAT opened at $918.99 on Friday. Caterpillar Inc. has a 1 year low of $336.24 and a 1 year high of $931.35. The company has a market capitalization of $423.28 billion, a PE ratio of 45.74, a price-to-earnings-growth ratio of 1.81 and a beta of 1.63. The business has a fifty day moving average price of $772.09 and a two-hundred day moving average price of $678.58. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.35 and a quick ratio of 0.81.
Caterpillar (NYSE:CAT - Get Free Report) last released its earnings results on Thursday, April 30th. The industrial products company reported $5.54 EPS for the quarter, topping analysts' consensus estimates of $4.65 by $0.89. The company had revenue of $17.42 billion for the quarter, compared to analysts' expectations of $16.53 billion. Caterpillar had a return on equity of 48.21% and a net margin of 13.33%.The business's revenue for the quarter was up 22.2% compared to the same quarter last year. During the same period in the previous year, the business posted $4.25 EPS. Analysts forecast that Caterpillar Inc. will post 24.21 earnings per share for the current year.
Caterpillar Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 19th. Shareholders of record on Monday, April 20th will be paid a $1.51 dividend. This represents a $6.04 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Monday, April 20th. Caterpillar's payout ratio is presently 30.06%.
Key Caterpillar News
Here are the key news stories impacting Caterpillar this week:
- Positive Sentiment: Rothschild & Co Redburn raised its price target on Caterpillar to $950 from $700, signaling continued upside expectations even while keeping a neutral rating. Rothschild & Co Redburn adjusts price target on Caterpillar to $950 from $700, maintains neutral rating
- Positive Sentiment: Commentary from Jim Cramer called Caterpillar “a buy,” pointing to tailwinds from oil, infrastructure spending, and rising demand for AI data-center power equipment. Jim Cramer Just Called Caterpillar a Buy on Oil, Infrastructure, and AI Data-Center Power Demand
- Positive Sentiment: Caterpillar said it is hiring 600 workers at its Sanford, North Carolina plant to support production of compact track loaders, suggesting strong manufacturing demand. Caterpillar hiring 600 workers at Sanford plant
- Positive Sentiment: Industry research on Saudi Arabia’s construction equipment market highlighted Caterpillar as a key player in a market expected to grow steadily through 2030, supported by major infrastructure projects. Saudi Arabia Construction Equipment Industry Research 2026-2031 Featuring Caterpillar and others
- Neutral Sentiment: Several articles reiterated Caterpillar’s strong recent performance and its growing role in AI-related power generation, but these were largely commentary pieces rather than new company-specific developments. Caterpillar: A Masterclass In Execution Meeting An Irrationally Exuberant Valuation
- Negative Sentiment: Insider sales by executives Denise C. Johnson and William E. Schaupp may slightly weigh on sentiment, though the transactions were relatively modest compared with their remaining holdings. Denise C. Johnson insider trade
Institutional Trading of Caterpillar
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Lam Group Inc. purchased a new position in Caterpillar during the 1st quarter valued at about $26,000. Torren Management LLC purchased a new stake in shares of Caterpillar in the fourth quarter worth about $27,000. Frazier Financial Advisors LLC boosted its position in shares of Caterpillar by 220.0% in the fourth quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company's stock valued at $28,000 after acquiring an additional 33 shares during the period. Cedar Mountain Advisors LLC grew its position in shares of Caterpillar by 82.1% during the 1st quarter. Cedar Mountain Advisors LLC now owns 51 shares of the industrial products company's stock valued at $36,000 after purchasing an additional 23 shares in the last quarter. Finally, IFS Advisors LLC bought a new position in shares of Caterpillar in the fourth quarter worth $31,000. 70.98% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
CAT has been the topic of a number of research reports. CICC Research started coverage on shares of Caterpillar in a report on Friday, February 6th. They issued an "outperform" rating on the stock. Wall Street Zen raised Caterpillar from a "hold" rating to a "buy" rating in a research report on Saturday, May 2nd. Jefferies Financial Group boosted their target price on Caterpillar from $900.00 to $1,045.00 and gave the company a "buy" rating in a research note on Friday, May 1st. Williams Trading set a $825.00 price target on Caterpillar in a research note on Tuesday, March 10th. Finally, Truist Financial set a $1,043.00 price objective on Caterpillar in a report on Friday, May 1st. Sixteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $923.14.
Check Out Our Latest Stock Analysis on CAT
Caterpillar Company Profile
(
Get Free Report)
Caterpillar Inc is a global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and locomotives. The company's product portfolio includes earthmoving machines such as excavators, bulldozers, wheel loaders and off‑highway trucks, as well as a range of power generation products including generator sets and power systems for industrial and commercial use. Caterpillar serves customers across heavy construction, mining, energy, transportation and related industries with both equipment and integrated technology solutions.
In addition to manufacturing, Caterpillar provides a broad range of aftermarket parts and support services, including maintenance, repair, remanufacturing and fleet management tools.
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