NYSE:CATCaterpillar Stock Price, Forecast & News

Caterpillar's stock was trading at $100.69 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CAT shares have increased by 34.2% and is now trading at $135.12. View which stocks have been most impacted by Coronavirus.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Caterpillar in the last year. There are currently 6 sell ratings, 7 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Caterpillar.

Caterpillar is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Caterpillar.

Caterpillar Inc. (NYSE:CAT) issued its quarterly earnings results on Tuesday, April, 28th. The industrial products company reported $1.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.69 by $0.09. The industrial products company earned $10.64 billion during the quarter, compared to the consensus estimate of $10.98 billion. Caterpillar had a net margin of 10.41% and a return on equity of 37.15%. The firm's quarterly revenue was down 21.0% on a year-over-year basis. During the same period last year, the firm posted $2.94 earnings per share. View Caterpillar's earnings history.

Caterpillar announced a quarterly dividend on Wednesday, April 8th. Investors of record on Monday, April 20th will be paid a dividend of $1.03 per share on Wednesday, May 20th. This represents a $4.12 dividend on an annualized basis and a yield of 3.05%. The ex-dividend date of this dividend is Friday, April 17th. View Caterpillar's dividend history.

21 brokers have issued 12 month target prices for Caterpillar's stock. Their forecasts range from $80.00 to $165.00. On average, they expect Caterpillar's stock price to reach $128.83 in the next twelve months. This suggests that the stock has a possible downside of 4.7%. View analysts' price targets for Caterpillar.

Headlines about CAT stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Caterpillar earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned media stories about the industrial products company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutCaterpillar.

Caterpillar saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 8,560,000 shares, a drop of 16.2% from the April 30th total of 10,220,000 shares. Based on an average daily volume of 5,570,000 shares, the short-interest ratio is presently 1.5 days. Approximately 1.6% of the shares of the company are short sold. View Caterpillar's Current Options Chain.

Some companies that are related to Caterpillar include Deere & Company (DE), PACCAR (PCAR), Cummins (CMI), Westinghouse Air Brake Technologies (WAB), Toro (TTC), WABCO (WBC), Oshkosh (OSK), AGCO (AGCO), Navistar International (NAV), Trinity Industries (TRN), Federal Signal (FSS), Meritor (MTOR), Terex (TEX), Alamo Group (ALG) and Lindsay (LNN). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Caterpillar investors own include Boeing (BA), NVIDIA (NVDA), JPMorgan Chase & Co. (JPM), Johnson & Johnson (JNJ), Intel (INTC), AT&T (T), Walt Disney (DIS), Netflix (NFLX), Alibaba Group (BABA) and Cisco Systems (CSCO).

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

Caterpillar's stock is owned by many different retail and institutional investors. Top institutional shareholders include State Street Corp (5.38%), Primecap Management Co. CA (1.44%), Geode Capital Management LLC (1.42%), Sanders Capital LLC (1.32%), Wellington Management Group LLP (1.24%) and Fisher Asset Management LLC (1.02%). Company insiders that own Caterpillar stock include Denise C Johnson, Gary Michael Marvel, Lange Bob De and Suzette M Long. View institutional ownership trends for Caterpillar.

CAT stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Capital World Investors, Primecap Management Co. CA, Janus Henderson Group PLC, Morgan Stanley, American International Group Inc., Prudential PLC, and Wells Fargo & Company MN. Company insiders that have sold Caterpillar company stock in the last year include Denise C Johnson, Gary Michael Marvel, and Suzette M Long. View insider buying and selling activity for Caterpillar.

CAT stock was bought by a variety of institutional investors in the last quarter, including Capital International Investors, Invesco Ltd., Wellington Management Group LLP, Capital Research Global Investors, Advisor Group Holdings Inc., Swiss National Bank, Massachusetts Financial Services Co. MA, and WestEnd Advisors LLC. View insider buying and selling activity for Caterpillar.

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

One share of CAT stock can currently be purchased for approximately $135.12.

Caterpillar has a market capitalization of $73.13 billion and generates $53.80 billion in revenue each year. The industrial products company earns $6.09 billion in net income (profit) each year or $11.06 on an earnings per share basis. Caterpillar employs 102,300 workers across the globe.

The official website for Caterpillar is www.caterpillar.com.

Caterpillar's mailing address is 510 Lake Cook Road Suite 100, Deerfield IL, 60015. The industrial products company can be reached via phone at 224-551-4000 or via email at [email protected]