Caterpillar (CAT) Stock Price, News & Analysis

Company Overview

Caterpillar Inc. manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools. The company's Resource Industries segment provides electric rope and hydraulic shovels, draglines, rotary drills, hard rock vehicles, tractors, mining trucks, wheel loaders, off-highway and articulated trucks, wheel tractor scrapers and dozers, fleet management products, landfill and soil compactors, machinery components, autonomous ready vehicles and solutions, work tools, and safety services and mining performance solutions, as well as related parts and services. Its Energy & Transportation segment offers reciprocating engine powered generator sets; reciprocating engines, drivetrain, and integrated systems and solutions; turbines, centrifugal gas compressors, and related services; and diesel-electric locomotives and components, and other rail-related products. The company's Financial Products segment provides operating and finance leases, installment sale contracts, revolving charge accounts, repair/rebuild financing services, working capital loans, and wholesale financing; and insurance and risk management products and services. Its All Other Operating segment offers filters and fluids, undercarriage, ground engaging tools, fluid transfer products, precision seals, and rubber sealing and connecting components; parts distribution; logistics solutions and distribution services; brand management and marketing strategy services; and digital investments services. Caterpillar Inc. was founded in 1925 and is headquartered in Irving, Texas.

Key Stats

• Today's Range: $428.62 to $434.87
• 50-Day Range: $342.67 to $429.58
• 52-Week Range: $267.30 to $434.87
• Volume: 2.21 million shs
• Average Volume: 2.69 million shs
• Market Capitalization: $204.47 billion
• P/E Ratio: 21.15
• Dividend Yield: 1.39%
• Price Target: $419.33
• Consensus Rating: Moderate Buy

Caterpillar Stock Analysis - MarketRank™

Caterpillar scored higher than 94% of companies evaluated by MarketBeat, and ranked 13th out of 180 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Caterpillar has received a consensus rating of Moderate Buy. The company's average rating score is 2.78, and is based on 10 buy ratings, 6 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Caterpillar has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 11.33%

Earnings Growth

Earnings for Caterpillar are expected to grow by 11.33% in the coming year, from $19.86 to $22.11 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Caterpillar is 21.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.79.

Price to Earnings Ratio vs. Sector

The P/E ratio of Caterpillar is 21.18, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 25.52.

Price to Earnings Growth Ratio

Caterpillar has a PEG Ratio of 2.68. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Caterpillar has a P/B Ratio of 10.65. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.34% of the float of Caterpillar has been sold short.

Short Interest Ratio / Days to Cover

Caterpillar has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Caterpillar has recently increased by 2.94%, indicating that investor sentiment is decreasing.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Caterpillar pays a meaningful dividend of 1.41%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Caterpillar has been increasing its dividend for 30 years.

Dividend Coverage

The dividend payout ratio of Caterpillar is 29.43%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Caterpillar will have a dividend payout ratio of 27.32% next year. This indicates that Caterpillar will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.3 / 5
• Environmental Score: -3.18

Percentage of Shares Shorted

1.34% of the float of Caterpillar has been sold short.

Short Interest Ratio / Days to Cover

Caterpillar has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Caterpillar has recently increased by 2.94%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.13

News Sentiment

Caterpillar has a news sentiment score of 1.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.75 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 72 news articles for Caterpillar this week, compared to 42 articles on an average week.

Search Interest

Only 98 people have searched for CAT on MarketBeat in the last 30 days. This is a decrease of -2% compared to the previous 30 days.

MarketBeat Follows

Only 18 people have added Caterpillar to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Caterpillar insiders have bought more of their company's stock than they have sold. Specifically, they have bought $120,262.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 0.33% of the stock of Caterpillar is held by insiders.

Percentage Held by Institutions

70.98% of the stock of Caterpillar is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CAT Stock Analysis - Frequently Asked Questions

How have CAT shares performed this year?

Caterpillar's stock was trading at $362.76 at the beginning of the year. Since then, CAT stock has increased by 19.8% and is now trading at $434.4840.

How were Caterpillar's earnings last quarter?

Caterpillar Inc. (NYSE:CAT) announced its earnings results on Wednesday, April, 30th. The industrial products company reported $4.25 EPS for the quarter, missing the consensus estimate of $4.35 by $0.10. The firm's quarterly revenue was down 9.8% on a year-over-year basis.
Read the conference call transcript.

Is Caterpillar doing a stock buyback?

Caterpillar's board authorized a share buyback plan on Wednesday, June 12th 2024, which allows the company to buy back $20,000,000,000 in outstanding shares, according to EventVestor. This means that the company could reacquire up to 12.7% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its shares are undervalued.

Does Caterpillar have any subsidiaries?

Caterpillar subsidiaries include Tangent Energy Solutions, CarbonPoint Solutions, The Weir Group PLC, CAT Robotics, Downer Freight Rail, ECM S.p.A., Yard Club, and more.

Who are Caterpillar's major shareholders?

Top institutional shareholders of Caterpillar include Valeo Financial Advisors LLC (1.55%), Assenagon Asset Management S.A. (0.18%), US Bancorp DE (0.11%) and Fifth Third Bancorp (0.11%). Insiders that own company stock include Lange Bob De, Andrew R J Bonfield, Anthony D Fassino, Cheryl H Johnson, Suzette M Long, Denise C Johnson, David Maclennan, Jason Kaiser, Daniel M Dickinson, Gerald Johnson and Joseph E Creed.
View institutional ownership trends.

How do I buy shares of Caterpillar?

Shares of CAT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Caterpillar own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Caterpillar investors own include BlackRock (BLK), Chevron (CVX), Broadcom (AVGO), UnitedHealth Group (UNH), The Goldman Sachs Group (GS), ServiceNow (NOW) and NVIDIA (NVDA).

Company Calendar

• Record date for 5/20 Dividend: 4/21/2025
• Ex-Dividend for 5/20 Dividend: 4/21/2025
• Last Earnings: 4/30/2025
• Dividend Payable: 5/20/2025
• Record date for 8/20 Dividend: 7/21/2025
• Ex-Dividend for 8/20 Dividend: 7/21/2025
• Today: 7/25/2025
• Next Earnings (Estimated): 8/05/2025
• Dividend Payable: 8/20/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrials
• Industry: MACH - CONST/MNG
• Sub-Industry: Construction & Farm Machinery & Heavy Trucks
• Current Symbol: NYSE:CAT
• CIK: 18230
• Web: www.caterpillar.com
• Phone: (972) 891-7700
• Fax: 309-675-6620
• Employees: 112,900
• Year Founded: 1925

Price Target and Rating

• Average Price Target for Caterpillar: $419.33
• High Price Target: $500.00
• Low Price Target: $283.00
• Potential Upside/Downside: -3.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.78
• Research Coverage: 18 Analysts

Profitability

• EPS (Trailing Twelve Months): $20.52
• Trailing P/E Ratio: 21.15
• Forward P/E Ratio: 21.86
• P/E Growth: 2.68
• Net Income: $10.79 billion
• Net Margins: 15.71%
• Pretax Margin: 19.62%
• Return on Equity: 53.77%
• Return on Assets: 11.64%

Debt

• Debt-to-Equity Ratio: 1.43
• Current Ratio: 1.32
• Quick Ratio: 0.77

Sales & Book Value

• Annual Sales: $64.81 billion
• Price / Sales: 3.15
• Cash Flow: $27.33 per share
• Price / Cash Flow: 15.88
• Book Value: $40.79 per share
• Price / Book: 10.64

Miscellaneous

• Outstanding Shares: 471,040,000
• Free Float: 469,488,000
• Market Cap: $204.47 billion
• Optionable: Optionable
• Beta: 1.38