What is DA Davidson's Estimate for Caterpillar Q3 Earnings?

Key Points

• DA Davidson has set a "Neutral" rating for Caterpillar, with a Q3 2025 earnings per share estimate of $4.84 and a price target of $388.00.
• Recent ratings changes from other analysts include Bank of America raising their target price to $495.00 with a "buy" rating.
• Caterpillar announced an increase in its quarterly dividend from $1.41 to $1.51 per share, representing a 1.5% yield.

Caterpillar Inc. (NYSE:CAT - Free Report) - DA Davidson issued their Q3 2025 earnings per share estimates for shares of Caterpillar in a report released on Friday, August 8th. DA Davidson analyst M. Shlisky expects that the industrial products company will post earnings per share of $4.84 for the quarter. DA Davidson has a "Neutral" rating and a $388.00 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 FY2025 earnings at $18.26 EPS and FY2026 earnings at $21.72 EPS.

Other research analysts have also recently issued reports about the company. Bank of America raised their target price on Caterpillar from $460.00 to $495.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. Morgan Stanley raised Caterpillar from an "underweight" rating to an "equal weight" rating and dropped their target price for the stock from $300.00 to $283.00 in a research report on Wednesday, April 16th. Robert W. Baird raised their target price on Caterpillar from $395.00 to $422.00 and gave the stock an "outperform" rating in a research report on Friday, June 20th. Melius Research raised Caterpillar from a "hold" rating to a "strong-buy" rating and set a $500.00 price objective on the stock in a research report on Wednesday, July 9th. Finally, Melius raised Caterpillar from a "hold" rating to a "buy" rating and set a $500.00 price objective on the stock in a research report on Wednesday, July 9th. Seven equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $444.00.

Caterpillar Trading Down 0.2%

Shares of NYSE:CAT opened at $416.43 on Monday. The stock has a market capitalization of $195.09 billion, a price-to-earnings ratio of 21.18, a PEG ratio of 2.47 and a beta of 1.40. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.81 and a current ratio of 1.34. The stock's 50-day simple moving average is $393.37 and its two-hundred day simple moving average is $355.11. Caterpillar has a 52-week low of $267.30 and a 52-week high of $441.15.

Caterpillar (NYSE:CAT - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $4.72 EPS for the quarter, missing the consensus estimate of $4.88 by ($0.16). Caterpillar had a return on equity of 48.95% and a net margin of 14.95%. The business had revenue of $16.57 billion during the quarter, compared to the consensus estimate of $16.14 billion. During the same quarter in the previous year, the business posted $5.99 earnings per share. Caterpillar's quarterly revenue was down .7% compared to the same quarter last year.

Institutional Trading of Caterpillar

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Pacific Point Advisors LLC bought a new stake in Caterpillar in the 4th quarter worth approximately $579,000. Brighton Jones LLC increased its stake in Caterpillar by 51.5% in the 4th quarter. Brighton Jones LLC now owns 7,409 shares of the industrial products company's stock worth $2,688,000 after acquiring an additional 2,519 shares during the last quarter. Townsquare Capital LLC increased its stake in Caterpillar by 24.9% in the 4th quarter. Townsquare Capital LLC now owns 34,267 shares of the industrial products company's stock worth $12,431,000 after acquiring an additional 6,829 shares during the last quarter. Optimize Financial Inc bought a new stake in Caterpillar in the 4th quarter worth approximately $226,000. Finally, Sagespring Wealth Partners LLC bought a new stake in Caterpillar in the 4th quarter worth approximately $7,088,000. Institutional investors own 70.98% of the company's stock.

Caterpillar Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 20th. Investors of record on Monday, July 21st will be paid a dividend of $1.51 per share. This is a boost from Caterpillar's previous quarterly dividend of $1.41. The ex-dividend date of this dividend is Monday, July 21st. This represents a $6.04 annualized dividend and a yield of 1.5%. Caterpillar's dividend payout ratio is 30.72%.

About Caterpillar

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.

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