Caterpillar Stock Forecast, Price & News

Caterpillar's stock was trading at $100.69 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CAT shares have increased by 43.7% and is now trading at $144.67.
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24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Caterpillar in the last year. There are currently 2 sell ratings, 11 hold ratings and 11 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, October 28th 2020.
View our earnings forecast for Caterpillar.

Caterpillar Inc. (NYSE:CAT) announced its earnings results on Friday, July, 31st. The industrial products company reported $1.03 EPS for the quarter, topping the Zacks' consensus estimate of $0.66 by $0.37. The industrial products company had revenue of $10 billion for the quarter, compared to analysts' expectations of $9.40 billion. Caterpillar had a return on equity of 30.52% and a net margin of 8.90%. The business's revenue for the quarter was down 30.7% compared to the same quarter last year. During the same period last year, the firm earned $2.83 earnings per share.
View Caterpillar's earnings history.

Caterpillar announced a quarterly dividend on Wednesday, June 10th. Investors of record on Monday, July 20th will be given a dividend of $1.03 per share on Thursday, August 20th. This represents a $4.12 annualized dividend and a dividend yield of 2.85%. The ex-dividend date of this dividend is Friday, July 17th.
View Caterpillar's dividend history.

24 analysts have issued 1-year price objectives for Caterpillar's shares. Their forecasts range from $80.00 to $175.00. On average, they anticipate Caterpillar's stock price to reach $141.00 in the next year. This suggests that the stock has a possible downside of 2.5%.
View analysts' price targets for Caterpillar.

Media coverage about CAT stock has trended very negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Caterpillar earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned media coverage about the industrial products company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near future.
View the latest news about Caterpillar.

Caterpillar saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 7,000,000 shares, an increase of 12.2% from the August 15th total of 6,240,000 shares. Based on an average daily trading volume, of 3,300,000 shares, the days-to-cover ratio is currently 2.1 days. Approximately 1.3% of the shares of the company are short sold.
View Caterpillar's Short Interest.

Some companies that are related to Caterpillar include Deere & Company (DE), Cummins (CMI), PACCAR (PCAR), Westinghouse Air Brake Technologies (WAB), Toro (TTC), AGCO (AGCO), Oshkosh (OSK), Navistar International (NAV), Trinity Industries (TRN), Federal Signal (FSS), Meritor (MTOR), Terex (TEX), Alamo Group (ALG), Astec Industries (ASTE) and Lindsay (LNN).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Caterpillar investors own include Boeing (BA), NVIDIA (NVDA), Johnson & Johnson (JNJ), Intel (INTC), AT&T (T), JPMorgan Chase & Co. (JPM), Walt Disney (DIS), Cisco Systems (CSCO), Verizon Communications (VZ) and Netflix (NFLX).

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 Vanguard Group Inc. (8.67%), BlackRock Inc. (6.63%), Sanders Capital LLC (1.14%), Fisher Asset Management LLC (1.07%), Bank of New York Mellon Corp (1.04%) and Macquarie Group Ltd. (0.98%). 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 Vanguard Group Inc., LSV Asset Management, Sanders Capital LLC, Prudential PLC, Nuveen Asset Management LLC, Advisor Group Holdings Inc., American International Group Inc., and Canada Pension Plan Investment Board. Company insiders that have sold Caterpillar company stock in the last year include Denise C Johnson, Gary Michael Marvel, Lange Bob De, 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 Macquarie Group Ltd., BlackRock Inc., Bank of New York Mellon Corp, TD Asset Management Inc., State of Tennessee Treasury Department, Alyeska Investment Group L.P., Balyasny Asset Management LLC, and PGGM Investments.
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 $144.67.

Caterpillar has a market capitalization of $78.34 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]