Caterpillar Company Profile (NYSE:CAT)

About Caterpillar (CAT)

Caterpillar logoCaterpillar Inc. is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The Company operates through segments, including Construction Industries, which is engaged in supporting customers using machinery in infrastructure, forestry and building construction; Resource Industries, which is engaged in supporting customers using machinery in mining, quarry, waste and material handling applications; Energy & Transportation, which supports customers in oil and gas, power generation, marine, rail and industrial applications, including Cat machines; Financial Products segment, which provides financing and related services, and All Other operating segments, which includes activities, such as product management and development, and manufacturing of filters and fluids, undercarriage, tires and rims, ground engaging tools, fluid transfer products, and sealing and connecting components for Cat products.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Farm & Construction Machinery
  • Sub-Industry: Construction & Farm Machinery & Heavy Trucks
  • Exchange: NYSE
  • Symbol: CAT
  • CUSIP: 14912310
Key Metrics:
  • Previous Close: $92.43
  • 50 Day Moving Average: $95.03
  • 200 Day Moving Average: $91.31
  • 52-Week Range: $69.04 - $99.46
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 20.91
  • P/E Growth: 1.18
  • Market Cap: $54.21B
  • Outstanding Shares: 586,486,000
  • Beta: 1.26
Profitability:
  • Net Margins: -0.17%
  • Return on Equity: 13.44%
  • Return on Assets: 2.62%
Debt:
  • Debt-to-Equity Ratio: 1.73%
  • Current Ratio: 1.22%
  • Quick Ratio: 0.89%

Analyst Ratings

Consensus Ratings for Caterpillar (NYSE:CAT) (?)
Ratings Breakdown: 3 Sell Ratings, 9 Hold Ratings, 11 Buy Ratings
Consensus Rating:Hold (Score: 2.35)
Consensus Price Target: $88.33 (4.43% downside)

Analysts' Ratings History for Caterpillar (NYSE:CAT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/20/2017Credit Suisse Group AGSet Price TargetBuy$111.00LowView Rating Details
3/16/2017Axiom SecuritiesReiterated RatingSellLowView Rating Details
3/16/2017Tigress FinancialUpgradeUnderperform -> NeutralLowView Rating Details
3/6/2017Bank of America CorpReiterated RatingNeutral$105.00N/AView Rating Details
3/3/2017Jefferies Group LLCReiterated RatingHold$85.00N/AView Rating Details
2/16/2017Evercore ISIUpgradeHold -> BuyN/AView Rating Details
2/7/2017Barclays PLCUpgradeEqual Weight -> Overweight$100.00 -> $110.00N/AView Rating Details
1/27/2017Royal Bank of CanadaReiterated RatingHold$82.00 -> $85.00N/AView Rating Details
1/27/2017Wells Fargo & CoUpgradeMarket Perform -> Outperform$118.00N/AView Rating Details
1/26/2017Standpoint ResearchDowngradeHold -> SellN/AView Rating Details
1/25/2017Longbow ResearchReiterated RatingHoldN/AView Rating Details
1/10/2017CLSAReiterated RatingOutperformN/AView Rating Details
12/20/2016OTR GlobalUpgradePositiveN/AView Rating Details
12/5/2016JPMorgan Chase & Co.Boost Price TargetNeutral$78.00 -> $89.00N/AView Rating Details
12/2/2016Deutsche Bank AGReiterated RatingBuy$102.00N/AView Rating Details
10/26/2016Morgan StanleyReiterated RatingEqual Weight$80.00N/AView Rating Details
10/11/2016Goldman Sachs Group IncUpgradeNeutral -> Buy$76.00 -> $112.00N/AView Rating Details
8/16/2016Citigroup IncSet Price TargetHold$82.00N/AView Rating Details
8/8/2016BMO Capital MarketsReiterated RatingMarket Perform$72.00N/AView Rating Details
4/26/2016ArgusUpgradeHold -> Buy$92.00N/AView Rating Details
4/15/2016Vertical GroupUpgradeBuyN/AView Rating Details
4/15/2016Vertical ResearchUpgradeHold -> BuyN/AView Rating Details
4/10/2016MacquarieReiterated RatingSell$51.00N/AView Rating Details
2/20/2016William BlairReiterated RatingHold$60.00N/AView Rating Details
1/29/2016Robert W. BairdLower Price TargetNeutral$72.00 -> $69.00N/AView Rating Details
11/23/2015Societe GeneraleBoost Price TargetBuy$81.00 -> $82.00N/AView Rating Details
10/27/2015Raymond James Financial, Inc.Reiterated Rating$70.00N/AView Rating Details
10/23/2015S&P Equity ResearchDowngradeSell$72.00 -> $64.00N/AView Rating Details
10/23/2015Susquehanna Bancshares IncLower Price TargetNeutral$81.00 -> $71.00N/AView Rating Details
9/25/2015Stifel NicolausLower Price TargetBuy$92.00 -> $86.00N/AView Rating Details
(Data available from 3/23/2015 forward)

Earnings

Earnings History for Caterpillar (NYSE:CAT)
Earnings by Quarter for Caterpillar (NYSE:CAT)
Earnings History by Quarter for Caterpillar (NYSE:CAT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/25/2017        
1/26/2017Q416$0.66$0.83$9.87 billion$9.57 billionViewListenView Earnings Details
10/25/2016Q316$0.76$0.85$9.91 billion$9.16 billionViewListenView Earnings Details
7/26/2016Q216$0.96$1.09$10.06 billion$10.34 billionViewListenView Earnings Details
4/22/2016Q116$0.68$0.67$9.59 billion$9.46 billionViewListenView Earnings Details
1/28/2016Q415$0.69$0.74$11.47 billion$11.00 billionViewListenView Earnings Details
10/22/2015Q315$0.78$0.75$11.16 billion$11.00 billionViewListenView Earnings Details
7/23/2015Q215$1.27$1.27$12.67 billion$12.30 billionViewListenView Earnings Details
4/23/2015Q115$1.35$1.86$12.48 billion$12.70 billionViewListenView Earnings Details
1/27/2015Q414$1.55$1.35$14.18 billion$14.24 billionViewListenView Earnings Details
10/23/2014Q314$1.36$1.72$13.19 billion$13.55 billionViewListenView Earnings Details
7/24/2014Q214$1.52$1.69$14.46 billion$14.15 billionViewListenView Earnings Details
4/24/2014Q114$1.24$1.61$13.14 billion$13.24 billionViewListenView Earnings Details
1/27/2014Q413$1.28$1.54$13.64 billion$13.61 billionViewListenView Earnings Details
10/23/2013Q313$1.71$1.45$14.49 billion$13.42 billionViewListenView Earnings Details
7/24/2013Q2 2013$1.71$1.45$15.03 billion$14.62 billionViewListenView Earnings Details
4/22/2013Q1 2013$1.46$1.31$13.80 billion$13.20 billionViewListenView Earnings Details
1/28/2013Q4 2012$1.71$1.91$16.16 billion$16.08 billionViewListenView Earnings Details
10/22/2012$2.24$2.54ViewN/AView Earnings Details
7/25/2012$2.30$2.54ViewN/AView Earnings Details
4/25/2012$2.15$2.37ViewN/AView Earnings Details
1/26/2012$1.77$2.32ViewN/AView Earnings Details
10/24/2011$1.64$1.71ViewN/AView Earnings Details
7/22/2011$1.78$1.52ViewN/AView Earnings Details
4/29/2011$1.31$1.84ViewN/AView Earnings Details
1/27/2011$1.27$1.47ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Caterpillar (NYSE:CAT)
Current Year EPS Consensus Estimate: $3.13 EPS
Next Year EPS Consensus Estimate: $4.42 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$0.65$0.95$0.78
Q2 20163$0.95$1.23$1.11
Q3 20162$0.69$0.75$0.72
Q4 20163$0.64$0.64$0.64
Q1 20173$0.55$0.65$0.60
Q2 20172$0.80$0.92$0.86
Q3 20173$0.70$0.80$0.75
Q4 20173$0.78$0.83$0.80
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Caterpillar (NYSE:CAT)
Most Recent Dividend:2/18/2017
Annual Dividend:$3.08
Dividend Yield:3.33%
Dividend Growth:21.40% (3 Year Average)
Payout Ratio:-2,369.23% (Trailing 12 Months of Earnings)
98.40% (Based on This Year's Estimates)
69.68% (Based on Next Year's Estimates)
Track Record:7 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Caterpillar (NYSE:CAT)

Dividend History by Quarter for Caterpillar (NYSE:CAT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/14/2016quarterly$0.773.26%1/18/20171/20/20172/18/2017
10/12/2016quarterly$0.773.54%10/20/201610/24/201611/19/2016
6/8/2016quarterly$0.773.99%7/18/20167/20/20168/20/2016
4/13/2016quarterly$0.773.9%4/21/20164/25/20165/20/2016
12/9/2015quarterly$0.774.64%1/15/20161/20/20162/20/2016
10/14/2015quarterly$0.774.35%10/22/201510/26/201511/20/2015
6/10/2015quarterly$0.773.49%7/16/20157/20/20158/20/2015
4/8/2015quarterly$0.703.47%4/16/20154/20/20155/20/2015
12/10/2014quarterly$0.703.02%1/15/20151/20/20152/20/2015
10/8/2014quarterly$0.702.99%10/16/201410/20/201411/20/2014
6/11/2014quarterly$0.702.63%7/17/20147/21/20148/20/2014
4/9/2014quarterly$0.602.35%4/16/20144/21/20145/20/2014
12/11/2013quarterly$0.602.8%1/16/20141/21/20142/20/2014
10/9/2013quarterly$0.602.83%10/17/201310/21/201311/20/2013
6/12/2013quarterly$0.602.82%7/18/20137/22/20138/20/2013
4/10/2013quarterly$0.522.43%4/18/20134/22/20135/20/2013
12/12/2012quarterly$0.522.35%12/20/201212/24/201212/31/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Caterpillar (NYSE:CAT)
Insider Ownership Percentage: 0.15%
Institutional Ownership Percentage: 70.97%
Insider Trades by Quarter for Caterpillar (NYSE:CAT)
Institutional Ownership by Quarter for Caterpillar (NYSE:CAT)
Insider Trades by Quarter for Caterpillar (NYSE:CAT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/21/2017Lange Bob DeInsiderBuy1,000$99.32$99,320.00View SEC Filing  
2/14/2017Daniel M. DickinsonDirectorSell3,884$97.90$380,243.60View SEC Filing  
11/10/2016Daniel M DickinsonDirectorSell950$93.52$88,844.00View SEC Filing  
7/29/2016Dennis A MuilenburgDirectorBuy1,930$82.75$159,707.50View SEC Filing  
7/28/2016Bradley M HalversonInsiderSell2,841$82.73$235,035.93View SEC Filing  
5/31/2016Bradley M HalversonCFOSell574$72.58$41,660.92View SEC Filing  
5/9/2016Dennis A MuilenburgDirectorBuy1,128$71.01$80,099.28View SEC Filing  
5/3/2016Bradley M HalversonCFOSell878$76.85$67,474.30View SEC Filing  
4/26/2016David L CalhounDirectorBuy25,000$77.44$1,936,000.00View SEC Filing  
2/12/2016Denise C JohnsonInsiderBuy3,500$62.20$217,700.00View SEC Filing  
8/5/2014Edward J RappInsiderSell15,000$101.01$1,515,150.00View SEC Filing  
7/30/2014James B BudaEVPSell70,828$105.23$7,453,230.44View SEC Filing  
5/6/2014Edward RappInsiderSell15,000$103.99$1,559,850.00View SEC Filing  
5/1/2014Donald Umpleby IIIInsiderSell5,881$105.43$620,033.83View SEC Filing  
4/30/2014Jananne CopelandCAOSell9,110$105.40$960,194.00View SEC Filing  
4/29/2014Bradley HalversonCFOSell19,638$104.61$2,054,331.18View SEC Filing  
4/29/2014James BudaEVPSell33,548$105.00$3,522,540.00View SEC Filing  
1/31/2014James BudaEVPSell9,580$94.16$902,052.80View SEC Filing  
11/1/2012Richard P LavinInsiderSell28,590$86.37$2,469,318.30View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Caterpillar (NYSE:CAT)
Latest Headlines for Caterpillar (NYSE:CAT)
Source:
DateHeadline
finance.yahoo.com logoUS Market Indexes Lower on Tuesday with Losses Led by Financials (NYSE:CAT)
finance.yahoo.com - March 22 at 3:54 PM
News IconCaterpillar Inc. (CAT) Upgraded to "Hold" by Vetr Inc. (NYSE:CAT)
www.americanbankingnews.com - March 22 at 12:34 AM
thestreet.com logoWhy Stocks Fall Through No Fault of Their Own: Cramer's 'Mad Money' Recap (Tuesday 3/21/17) (NYSE:CAT)
www.thestreet.com - March 21 at 9:29 PM
News IconCaterpillar Inc. (CAT) PT Set at $111.00 by Credit Suisse Group AG (NYSE:CAT)
www.americanbankingnews.com - March 21 at 5:36 PM
us.rd.yahoo.com logoCompany News for March 21, 2017 (NYSE:CAT)
us.rd.yahoo.com - March 21 at 4:28 PM
blogs.barrons.com logoDeere vs. Caterpillar: Captives of Captive Finance? (NYSE:CAT)
blogs.barrons.com - March 21 at 4:28 PM
fool.com logoIs the Optimism Baked Into Caterpillar's Valuation Really Justified? (NYSE:CAT)
www.fool.com - March 21 at 4:28 PM
finance.yahoo.com logoINVESTOR NOTICE: Khang & Khang LLP Announces Securities Class Action Lawsuit against Caterpillar Inc., and Encourages Investors with Losses to Contact the Firm (NYSE:CAT)
finance.yahoo.com - March 21 at 4:28 PM
finance.yahoo.com logoGoldman Sachs, JPMorgan Sink DJIA Tuesday (NYSE:CAT)
finance.yahoo.com - March 21 at 4:28 PM
bizjournals.com logoHOLT Ventures awards three companies as part of inaugural pitch competition (NYSE:CAT)
www.bizjournals.com - March 21 at 9:28 AM
reuters.com logoBRIEF-Caterpillar says North America machines retail sales for 3-month rolling period ended Feb were down 10 pct (NYSE:CAT)
www.reuters.com - March 21 at 9:28 AM
zacks.com logoCaterpillar February Sales Dip 1%: Is a Turnaround Ahead? (NYSE:CAT)
www.zacks.com - March 21 at 9:28 AM
bloomberg.com logoRecent CAT News (NYSE:CAT)
www.bloomberg.com - March 21 at 9:28 AM
thestreet.com logo[video]Rules You Need When Everyone's Freaking Out: Cramer's 'Mad Money' Recap (Monday 3/20/17) (NYSE:CAT)
www.thestreet.com - March 21 at 9:28 AM
globenewswire.com logoCAT SHAREHOLDER ALERT: The Law Offices of Vincent Wong Notifies Investors of a ... (NYSE:CAT)
globenewswire.com - March 20 at 6:47 PM
uk.finance.yahoo.com logoUS STOCKS-S&P 500 dips as investors worry about delay in tax cuts (NYSE:CAT)
us.rd.yahoo.com - March 20 at 6:47 PM
finance.yahoo.com logoUS Market Indexes Mostly Lower (NYSE:CAT)
finance.yahoo.com - March 20 at 6:47 PM
nasdaq.com logoInteresting January 2018 Stock Options for CAT (NYSE:CAT)
www.nasdaq.com - March 20 at 1:46 PM
us.rd.yahoo.com logoCaterpillar to Participate in Bank of America Merrill Lynch 2017 Conference on March 22; Webcast Available (NYSE:CAT)
us.rd.yahoo.com - March 20 at 1:46 PM
biz.yahoo.com logoCATERPILLAR INC Files SEC form 8-K, Regulation FD Disclosure (NYSE:CAT)
us.rd.yahoo.com - March 20 at 1:46 PM
us.rd.yahoo.com logoSHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Caterpillar Inc. (CAT) and Lead Plaintiff Deadline: May 2, 2017 (NYSE:CAT)
us.rd.yahoo.com - March 20 at 1:46 PM
marketwatch.com logoCaterpillar's stock leads Dow gainers after encouraging machine retail sales data (NYSE:CAT)
us.rd.yahoo.com - March 20 at 1:46 PM
thestreet.com logoCaterpillar Stock Rises on Strong Machine Retail Sales (NYSE:CAT)
us.rd.yahoo.com - March 20 at 1:46 PM
us.rd.yahoo.com logoCAT SHAREHOLDER ALERT: The Law Offices of Vincent Wong Notifies Investors of a Class Action Involving Caterpillar, Inc. and a Lead Plaintiff Deadline of May 2, 2017 (NYSE:CAT)
us.rd.yahoo.com - March 20 at 1:46 PM
us.rd.yahoo.com logoNasdaq touches fresh intraday record, but stocks fight for traction (NYSE:CAT)
us.rd.yahoo.com - March 20 at 1:46 PM
News IconCaterpillar Inc. (CAT) Upgraded by Vetr Inc. to “Hold” (NYSE:CAT)
www.americanbankingnews.com - March 19 at 4:19 PM
wsj.com logoCaterpillar Taps Former U.S. Attorney General to Help Deal With Government Probe (NYSE:CAT)
www.wsj.com - March 18 at 1:12 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Caterpillar, Inc. of Class Action Lawsuit and Upcoming Deadline – CAT (NYSE:CAT)
finance.yahoo.com - March 18 at 1:12 AM
nasdaq.com logoNotable Friday Option Activity: CAT, RESI, BAC (NYSE:CAT)
www.nasdaq.com - March 17 at 4:47 PM
zacks.com logoCaterpillar Seeks Former Attorney General's Help in Probe (NYSE:CAT)
www.zacks.com - March 17 at 4:47 PM
sg.finance.yahoo.com logoCaterpillar hires former US attorney general after raid (NYSE:CAT)
us.rd.yahoo.com - March 17 at 4:47 PM
bizjournals.com logo​Caterpillar hires ex-U.S. attorney general to help with federal probe (NYSE:CAT)
www.bizjournals.com - March 17 at 4:47 PM
finance.yahoo.com logoThe Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Caterpillar, Inc. Investors and Encourages Investors to Contact the Firm (NYSE:CAT)
finance.yahoo.com - March 17 at 4:47 PM
cnbc.com logoCaterpillar seeks ex-US att'y general's help over govt probe - CNBC (NYSE:CAT)
www.cnbc.com - March 17 at 7:58 AM
us.rd.yahoo.com logoNew Caterpillar CEO Asks Former U.S. Attorney General to Assess and Help Address Ongoing Government Investigation (NYSE:CAT)
us.rd.yahoo.com - March 16 at 10:27 PM
us.rd.yahoo.com logo4:34 pm Caterpillar retains former U.S. Attorney General William P. Barr as outside counsel -- will be with tasked with reviewing matters relating to the search warrants executed at Caterpillar facilities on March 2, 2017, and assisting the (NYSE:CAT)
us.rd.yahoo.com - March 16 at 10:27 PM
us.rd.yahoo.com logoCAT hires William Barr to help address government probe (NYSE:CAT)
us.rd.yahoo.com - March 16 at 10:27 PM
us.rd.yahoo.com logoCaterpillar seeks ex-U.S. att'y general's help over govt probe (NYSE:CAT)
us.rd.yahoo.com - March 16 at 10:27 PM
us.rd.yahoo.com logoCaterpillar seeks ex-U.S. attorney general's help over govt probe (NYSE:CAT)
us.rd.yahoo.com - March 16 at 10:27 PM
investorplace.com logoDig Into Caterpillar Inc. (CAT) Stock For Free - Investorplace.com (NYSE:CAT)
investorplace.com - March 16 at 5:26 PM
globenewswire.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Caterpillar, Inc. of a Class Action Lawsuit and ... - GlobeNewswire (press release) (NYSE:CAT)
globenewswire.com - March 16 at 5:26 PM
seekingalpha.com logoCaterpillar: Overvalued - Seeking Alpha (NYSE:CAT)
seekingalpha.com - March 16 at 5:26 PM
finance.yahoo.com logoCaterpillar asks ex-U.S. att'y general to help address govt probe (NYSE:CAT)
finance.yahoo.com - March 16 at 5:26 PM
marketwatch.com logoCaterpillar hires former U.S. attorney general for help in federal probe (NYSE:CAT)
www.marketwatch.com - March 16 at 5:26 PM
finance.yahoo.com logoCaterpillar asks ex-U.S. attorney general to help address govt probe (NYSE:CAT)
finance.yahoo.com - March 16 at 5:26 PM
wsj.com logo[$$] Caterpillar Taps Former U.S. Attorney General to Help Deal With Probe (NYSE:CAT)
www.wsj.com - March 16 at 5:26 PM
feeds.benzinga.com logoSHAREHOLDER ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In Excess Of $100,000 Investing In Caterpillar Inc. To Contact The Firm Before Lead Plaintiff Deadline (NYSE:CAT)
feeds.benzinga.com - March 15 at 11:30 PM
247wallst.com logoCaterpillar, Verizon Push DJIA Higher Wednesday (NYSE:CAT)
247wallst.com - March 15 at 4:30 PM
finance.yahoo.com logoSHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Caterpillar Inc. (CAT) and Lead Plaintiff Deadline: May 2, 2017 (NYSE:CAT)
finance.yahoo.com - March 15 at 4:30 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Brower Piven Notifies Investors of Class Action Lawsuit And Encourages Those Who Have Losses In Excess Of $100,000 From Investment In Caterpillar Inc. (CAT) To Contact Brower Piven Before The Lead Plaintiff Deadline (NYSE:CAT)
finance.yahoo.com - March 15 at 4:30 PM

Social

Frequently Asked Questions for Caterpillar (NYSE:CAT)

What is Caterpillar's stock symbol?

Caterpillar trades on the New York Stock Exchange (NYSE) under the ticker symbol "CAT."

How often does Caterpillar pay dividends? What is the dividend yield for Caterpillar?

Caterpillar declared a quarterly dividend on Wednesday, December 14th. Investors of record on Friday, January 20th will be paid a dividend of $0.77 per share on Saturday, February 18th. This represents a $3.08 annualized dividend and a yield of 3.33%. The ex-dividend date is Wednesday, January 18th.

How were Caterpillar's earnings last quarter?

Caterpillar Inc. (NYSE:CAT) posted its quarterly earnings data on Thursday, January, 26th. The company reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.17. The company had revenue of $9.57 billion for the quarter, compared to analyst estimates of $9.87 billion. Caterpillar had a positive return on equity of 13.44% and a negative net margin of 0.17%. Caterpillar's revenue was down 13.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.74 EPS.

When will Caterpillar make its next earnings announcement?

Caterpillar is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.

What guidance has Caterpillar issued on next quarter's earnings?

Caterpillar updated its FY17 earnings guidance on Thursday, January, 26th. The company provided earnings per share (EPS) guidance of $2.90 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.07. The company issued revenue guidance of $36-39 billion, compared to the consensus revenue estimate of $38.30 billion.

Where is Caterpillar's stock going? Where will Caterpillar's stock price be in 2017?

23 brokers have issued 12-month price objectives for Caterpillar's shares. Their predictions range from $31.00 to $118.00. On average, they anticipate Caterpillar's share price to reach $88.33 in the next twelve months.

What are analysts saying about Caterpillar stock?

Here are some recent quotes from research analysts about Caterpillar stock:

  • 1. Jefferies Group LLC analysts commented, "Cost cuts continue to benefit margins despite ongoing market weakness. 4Q16 earnings, ex. adjustments, were better than expected on favorable decremental margins in Construction and E&T versus modeled expectations. With FX remaining a headwind CAT lowered the mid-point of the 2017 revenue guide to $37.5bln (prior: ~$38bln) resulting in EPS of $2.90 (Consensus: $3.06). Shares continue to trade above 30x earnings, a premium to prior cycles." (1/27/2017)
  • 2. According to Zacks Investment Research, "Caterpillar global retail sales for the three-month period ending Nov 2016 plunged 17%. The company’s sales growth has been in the red for an unprecedented stretch of 48 consecutive months. So far this year, Caterpillar’s monthly sales have posted an average decline of 15% as its continues to bear the brunt of low-end user demand across its markets due to the global economic weakness. The fourth quarter will be hurt by lower backlog, competitive pricing pressure and lower dealer inventories. Caterpillar cut its 2016 outlook and expects earnings per share of $3.25 on the back of revenues of $39 billion. The company stated that revenues in 2017 will be at par with 2016. In the past six months, the Caterpillar stock has underperformed the Zacks Categorized Machinery – Construction/Mining industry. Its estimates have also moved south lately." (12/22/2016)

Who owns Caterpillar stock?

Caterpillar's stock is owned by many different of retail and institutional investors. Top institutional investors include State Street Corp (9.15%), BlackRock, Inc (6.00%), FMR LLC (2.69%), Bill & Melinda Gates Foundation Trust (1.92%), Franklin Resources Inc. (1.34%) and Norges Bank (0.76%). Company insiders that own Caterpillar stock include Bradley M Halverson, Daniel M Dickinson, David L Calhoun, Denise C Johnson, Dennis A Muilenburg and Lange Bob De.

Who sold Caterpillar stock? Who is selling Caterpillar stock?

Caterpillar's stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Franklin Resources Inc., O Shaughnessy Asset Management LLC, Dimensional Fund Advisors LP, Federated Investors Inc. PA, Capital Guardian Trust Co., Thrivent Financial for Lutherans and FIL Ltd. Company insiders that have sold Caterpillar stock in the last year include Bradley M Halverson and Daniel M Dickinson.

Who bought Caterpillar stock? Who is buying Caterpillar stock?

Caterpillar's stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, FMR LLC, Asset Management One Co. Ltd., Russell Investments Group Ltd., Genovese Burford & Brothers Wealth & Retirement Plan Management LLC, AMF Pensionsforsakring AB, Impala Asset Management LLC and Janus Capital Management LLC. Company insiders that have bought Caterpillar stock in the last two years include David L Calhoun, Denise C Johnson, Dennis A Muilenburg and Lange Bob De.

How do I buy Caterpillar stock?

Shares of Caterpillar can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Caterpillar stock cost?

One share of Caterpillar stock can currently be purchased for approximately $92.43.

Caterpillar (CAT) Chart for Thursday, March, 23, 2017

This page was last updated on 3/23/2017 by MarketBeat.com Staff