Caterpillar (CAT) Stock Price, News & Analysis

Company Overview

Caterpillar Inc. is a global manufacturer of construction, mining, and industrial equipment. The company’s products include excavators, dozers, wheel loaders, motor graders, articulated trucks, and off-highway trucks, as well as related attachments and work tools. Caterpillar also supplies replacement parts, equipment services, technology solutions, and rental support through its dealer network.

The company serves customers in construction, mining, quarrying, energy, transportation, forestry, agriculture, and government-related industries. Its Energy & Transportation business provides engines, generator sets, gas turbines, and related systems for applications including power generation, marine transportation, oil and gas, and rail. Caterpillar serves customers worldwide through an extensive network of independent dealers and distribution partners.

Caterpillar traces its history to the 1925 merger of Holt Manufacturing Company and C. L. Best Tractor Company. The company is headquartered in Irving, Texas, and operates through its Construction Industries, Resource Industries, and Energy & Transportation segments. Caterpillar is led by Chairman and Chief Executive Officer Jim Umpleby.

Key Stats

• Today's Range: $817.09 to $830.50
• 50-Day Range: $778.59 to $993.24
• 52-Week Range: $416.44 to $1,073.46
• Volume: 2.44 million shs
• Average Volume: 2.34 million shs
• Market Capitalization: $377.50 billion
• P/E Ratio: 35.34
• Dividend Yield: 0.79%
• Price Target: $995.52
• Consensus Rating: Moderate Buy

Caterpillar Stock Analysis - MarketRank™

Caterpillar scored higher than 99% of companies evaluated by MarketBeat, and ranked 11th out of 658 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.0 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Caterpillar has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 1 strong buy rating, 13 buy ratings, 11 hold ratings, and no sell ratings.

Upside Potential

Caterpillar has a consensus price target of $995.52, representing about 21.2% upside from its current price of $821.25.

Amount of Analyst Coverage

Caterpillar has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 20.26%

Earnings Growth

Earnings for Caterpillar are expected to grow by 20.26% in the coming year, from $27.34 to $32.88 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Caterpillar is 35.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 42.45.

Price to Earnings Ratio vs. Sector

The P/E ratio of Caterpillar is 35.34, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 23.07.

Price to Earnings Growth Ratio

Caterpillar has a PEG Ratio of 1.41. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Caterpillar has a P/B Ratio of 17.92. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.41% of the float of Caterpillar has been sold short.

Short Interest Ratio / Days to Cover

Caterpillar has a short interest ratio ("days to cover") of 2.16, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Caterpillar has recently decreased by 5.82%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Caterpillar has a dividend yield of 0.80%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Caterpillar has been increasing its dividend for 30 years.

Dividend Coverage

The dividend payout ratio of Caterpillar is 28.06%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Caterpillar will have a dividend payout ratio of 19.83% next year. This indicates that Caterpillar will be able to sustain or increase its dividend.

News and Social Media

• Score: 4.0 / 5
• News Sentiment: 1.35

News Sentiment

Caterpillar has a news sentiment score of 1.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.75 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 165 news articles for Caterpillar this week, compared to 14 articles on an average week.

Search Interest

Only 163 people have searched for CAT on MarketBeat in the last 30 days. This is a decrease of -9% compared to the previous 30 days.

MarketBeat Follows

67 people have added Caterpillar to their MarketBeat watchlist in the last 30 days. This is an increase of 52% compared to the previous 30 days.

Company Ownership

• Score: 1.4 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Caterpillar insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $26,211,761.00 in company stock.

Percentage Held by Insiders

0.33% of the stock of Caterpillar is held by insiders.

Percentage Held by Institutions

70.98% of the stock of Caterpillar is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 8/19 Dividend: 7/20/2026
• Ex-Dividend for 8/19 Dividend: 7/20/2026
• Last Earnings: 8/04/2026
• Dividend Payable: 8/19/2026
• Today: 9/09/2026
• Investor update: 9/10/2026
• Next Earnings (Estimated): 11/04/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrials
• Industry: Machinery
• Sub-Industry: Construction Machinery & Heavy Transportation Equipment
• Current Symbol: NYSE:CAT
• CIK: 18230
• Web: www.caterpillar.com
• Phone: (972) 891-7700
• Fax: 309-675-6620
• Employees: 118,000
• Year Founded: 1925

Price Target and Rating

• Average Price Target for Caterpillar: $995.52
• High Price Target: $1,225.00
• Low Price Target: $750.00
• Potential Upside/Downside: +21.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 25 Analysts

Profitability

• EPS (Trailing Twelve Months): $23.24
• Trailing P/E Ratio: 35.34
• Forward P/E Ratio: 30.04
• P/E Growth: 1.41
• Net Income: $8.88 billion
• Net Margins: 14.51%
• Pretax Margin: 18.63%
• Return on Equity: 55.53%
• Return on Assets: 11.38%

Debt

• Debt-to-Equity Ratio: 1.65
• Current Ratio: 1.37
• Quick Ratio: 0.85

Sales & Book Value

• Annual Sales: $67.59 billion
• Price / Sales: 5.59
• Cash Flow: $24.43 per share
• Price / Cash Flow: 33.62
• Book Value: $45.82 per share
• Price / Book: 17.92

Miscellaneous

• Outstanding Shares: 459,670,000
• Free Float: 458,158,000
• Market Cap: $377.50 billion
• Optionable: Optionable
• Beta: 1.60