What is DA Davidson's Forecast for Caterpillar Q2 Earnings?

Caterpillar Inc. (NYSE:CAT - Free Report) - Equities research analysts at DA Davidson issued their Q2 2025 earnings per share estimates for Caterpillar in a report released on Monday, May 5th. DA Davidson analyst M. Shlisky anticipates that the industrial products company will earn $5.02 per share for the quarter. DA Davidson has a "Neutral" rating and a $331.00 price target on the stock. The consensus estimate for Caterpillar's current full-year earnings is $19.86 per share. DA Davidson also issued estimates for Caterpillar's FY2026 earnings at $21.86 EPS.

A number of other research firms have also commented on CAT. Morgan Stanley raised shares of Caterpillar from an "underweight" rating to an "equal weight" rating and dropped their price target for the company from $300.00 to $283.00 in a research report on Wednesday, April 16th. JPMorgan Chase & Co. cut their target price on shares of Caterpillar from $490.00 to $380.00 and set an "overweight" rating for the company in a research report on Monday, April 14th. StockNews.com downgraded Caterpillar from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. UBS Group raised Caterpillar from a "sell" rating to a "neutral" rating and boosted their price objective for the stock from $355.00 to $385.00 in a research report on Monday, February 3rd. Finally, Oppenheimer raised Caterpillar from a "market perform" rating to an "outperform" rating and set a $395.00 price target on the stock in a research report on Thursday, May 1st. Eight research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $370.67.

Caterpillar Stock Performance

Shares of CAT stock traded up $1.22 during trading on Tuesday, reaching $325.47. The company had a trading volume of 1,646,220 shares, compared to its average volume of 2,621,808. The company has a market capitalization of $155.55 billion, a PE ratio of 14.75, a PEG ratio of 1.87 and a beta of 1.35. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.42 and a quick ratio of 0.89. The firm's 50 day simple moving average is $316.76 and its two-hundred day simple moving average is $355.39. Caterpillar has a one year low of $267.30 and a one year high of $418.50.

Caterpillar (NYSE:CAT - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The industrial products company reported $4.25 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $4.35 by ($0.10). Caterpillar had a return on equity of 58.18% and a net margin of 16.65%. The business had revenue of $14.25 billion during the quarter, compared to the consensus estimate of $14.64 billion. During the same quarter in the prior year, the company posted $5.60 earnings per share. The company's revenue for the quarter was down 9.8% on a year-over-year basis.

Caterpillar Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 20th. Investors of record on Monday, April 21st will be given a $1.41 dividend. This represents a $5.64 annualized dividend and a yield of 1.73%. The ex-dividend date of this dividend is Monday, April 21st. Caterpillar's dividend payout ratio (DPR) is presently 27.49%.

Insider Buying and Selling at Caterpillar

In related news, insider Jason Kaiser sold 2,425 shares of the stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $354.70, for a total transaction of $860,147.50. Following the completion of the sale, the insider now owns 6,275 shares in the company, valued at $2,225,742.50. This trade represents a 27.87 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director David Maclennan purchased 375 shares of Caterpillar stock in a transaction on Wednesday, May 7th. The stock was purchased at an average price of $320.70 per share, for a total transaction of $120,262.50. Following the completion of the transaction, the director now owns 6,653 shares of the company's stock, valued at approximately $2,133,617.10. This represents a 5.97 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 0.29% of the company's stock.

Hedge Funds Weigh In On Caterpillar

Institutional investors and hedge funds have recently bought and sold shares of the business. Flagship Wealth Advisors LLC bought a new position in shares of Caterpillar in the fourth quarter worth about $26,000. Halbert Hargrove Global Advisors LLC bought a new position in Caterpillar in the 4th quarter worth approximately $27,000. Cyrus J. Lawrence LLC acquired a new position in Caterpillar during the 4th quarter worth $27,000. Noble Wealth Management PBC bought a new position in Caterpillar in the 4th quarter valued at $31,000. Finally, Investment Management Corp VA ADV bought a new stake in shares of Caterpillar during the fourth quarter worth $33,000. Institutional investors and hedge funds own 70.98% of the company's stock.

Caterpillar Company Profile

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.