Q2 EPS Estimates for Caterpillar Decreased by Zacks Research

Caterpillar Inc. (NYSE:CAT) – Zacks Research lowered their Q2 2025 earnings per share estimates for Caterpillar in a research note issued on Tuesday, May 13th. Zacks Research analyst M. Das now expects that the industrial products company will earn $4.59 per share for the quarter, down from their previous estimate of $4.99. The consensus estimate for Caterpillar’s current full-year earnings is $19.86 per share. Zacks Research also issued estimates for Caterpillar’s Q3 2025 earnings at $4.45 EPS.

A number of other equities research analysts also recently commented on the stock. Raymond James upgraded shares of Caterpillar from a “market perform” rating to an “outperform” rating in a research report on Monday, February 3rd. Wedbush upgraded Caterpillar to an “outperform” rating in a report on Monday, February 3rd. Citigroup upped their price objective on Caterpillar from $320.00 to $370.00 and gave the stock a “buy” rating in a report on Monday, May 5th. JPMorgan Chase & Co. decreased their price target on shares of Caterpillar from $490.00 to $380.00 and set an “overweight” rating for the company in a research report on Monday, April 14th. Finally, Morgan Stanley raised Caterpillar from an “underweight” rating to an “equal weight” rating and reduced their price target for the company from $300.00 to $283.00 in a report on Wednesday, April 16th. Six investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Caterpillar currently has an average rating of “Moderate Buy” and a consensus price target of $377.83.

Caterpillar Stock Performance

Shares of CAT opened at $349.83 on Thursday. The company’s 50 day simple moving average is $317.05 and its 200-day simple moving average is $354.61. Caterpillar has a 12-month low of $267.30 and a 12-month high of $418.50. The company has a current ratio of 1.42, a quick ratio of 0.89 and a debt-to-equity ratio of 1.40. The firm has a market cap of $164.78 billion, a PE ratio of 15.85, a price-to-earnings-growth ratio of 1.87 and a beta of 1.35.

Caterpillar (NYSE:CAT) last posted its quarterly earnings results on Wednesday, April 30th. The industrial products company reported $4.25 EPS for the quarter, missing the consensus estimate of $4.35 by ($0.10). Caterpillar had a return on equity of 58.18% and a net margin of 16.65%. The business had revenue of $14.25 billion during the quarter, compared to analyst estimates of $14.64 billion. During the same quarter last year, the firm earned $5.60 EPS. The business’s revenue was down 9.8% on a year-over-year basis.

Caterpillar Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 20th. Investors of record on Monday, April 21st will be issued a dividend of $1.41 per share. This represents a $5.64 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date of this dividend is Monday, April 21st. Caterpillar’s payout ratio is currently 27.49%.

Insider Buying and Selling

In other news, insider Jason Kaiser sold 2,425 shares of Caterpillar stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $354.70, for a total transaction of $860,147.50. Following the transaction, the insider now owns 6,275 shares in the company, valued at approximately $2,225,742.50. The trade was a 27.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director David Maclennan bought 375 shares of the company’s stock in a transaction that occurred on Wednesday, May 7th. The stock was purchased at an average price of $320.70 per share, for a total transaction of $120,262.50. Following the acquisition, the director now owns 6,653 shares of the company’s stock, valued at $2,133,617.10. This trade represents a 5.97% increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.29% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Caterpillar

Several institutional investors have recently added to or reduced their stakes in the stock. Flagship Wealth Advisors LLC bought a new stake in shares of Caterpillar in the 4th quarter worth approximately $26,000. Halbert Hargrove Global Advisors LLC purchased a new stake in Caterpillar in the fourth quarter worth $27,000. Cyrus J. Lawrence LLC purchased a new position in Caterpillar during the 4th quarter valued at about $27,000. Noble Wealth Management PBC purchased a new stake in shares of Caterpillar in the fourth quarter worth $31,000. Finally, Investment Management Corp VA ADV bought a new stake in shares of Caterpillar during the fourth quarter valued at approximately $33,000. Institutional investors own 70.98% of the company’s stock.

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.