FY2025 EPS Estimates for Caterpillar Lifted by DA Davidson

Caterpillar Inc. (NYSE:CAT) – Research analysts at DA Davidson upped their FY2025 EPS estimates for Caterpillar in a research note issued to investors on Tuesday, November 4th. DA Davidson analyst M. Shlisky now anticipates that the industrial products company will post earnings of $18.66 per share for the year, up from their prior forecast of $17.87. DA Davidson currently has a “Neutral” rating and a $569.00 price target on the stock. The consensus estimate for Caterpillar’s current full-year earnings is $19.86 per share. DA Davidson also issued estimates for Caterpillar’s FY2026 earnings at $21.88 EPS.

Caterpillar (NYSE:CAT) last released its earnings results on Wednesday, October 29th. The industrial products company reported $4.95 EPS for the quarter, beating the consensus estimate of $4.52 by $0.43. The firm had revenue of $17.64 billion for the quarter, compared to analysts’ expectations of $16.72 billion. Caterpillar had a net margin of 14.34% and a return on equity of 47.16%. Caterpillar’s quarterly revenue was up 9.5% on a year-over-year basis. During the same quarter last year, the company earned $5.17 EPS.

Other research analysts have also recently issued research reports about the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Caterpillar in a research note on Tuesday, October 14th. HSBC raised shares of Caterpillar from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $405.00 to $660.00 in a research note on Wednesday. UBS Group increased their target price on shares of Caterpillar from $506.00 to $581.00 and gave the company a “neutral” rating in a research note on Tuesday. Robert W. Baird lifted their price target on shares of Caterpillar from $612.00 to $680.00 and gave the stock an “outperform” rating in a research report on Thursday, October 30th. Finally, Oppenheimer increased their price objective on Caterpillar from $513.00 to $645.00 and gave the company an “outperform” rating in a research report on Thursday, October 30th. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $588.94.

Caterpillar Price Performance

NYSE CAT opened at $562.82 on Thursday. The firm has a market capitalization of $263.67 billion, a PE ratio of 28.89, a P/E/G ratio of 3.33 and a beta of 1.51. The company has a debt-to-equity ratio of 1.34, a current ratio of 1.38 and a quick ratio of 0.81. Caterpillar has a 12 month low of $267.30 and a 12 month high of $596.21. The company’s 50 day simple moving average is $491.77 and its 200 day simple moving average is $417.84.

Caterpillar Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 20th. Shareholders of record on Monday, October 20th will be given a dividend of $1.51 per share. This represents a $6.04 annualized dividend and a yield of 1.1%. The ex-dividend date is Monday, October 20th. Caterpillar’s payout ratio is presently 31.01%.

Insider Activity at Caterpillar

In related news, CAO William E. Schaupp sold 1,200 shares of the stock in a transaction dated Wednesday, November 5th. The stock was sold at an average price of $572.22, for a total value of $686,664.00. Following the completion of the sale, the chief accounting officer directly owned 1,323 shares of the company’s stock, valued at approximately $757,047.06. This represents a 47.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Susan C. Schwab sold 2,324 shares of Caterpillar stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $410.00, for a total value of $952,840.00. Following the transaction, the director directly owned 6,917 shares in the company, valued at approximately $2,835,970. This trade represents a 25.15% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 71,823 shares of company stock worth $34,477,790. Insiders own 0.33% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CAT. Kilter Group LLC bought a new position in Caterpillar in the second quarter valued at about $27,000. Mid American Wealth Advisory Group Inc. acquired a new position in Caterpillar during the 2nd quarter valued at about $28,000. Marquette Asset Management LLC boosted its stake in shares of Caterpillar by 1,060.0% in the 3rd quarter. Marquette Asset Management LLC now owns 58 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 53 shares during the last quarter. Compass Financial Services Inc grew its position in shares of Caterpillar by 49.2% during the 1st quarter. Compass Financial Services Inc now owns 94 shares of the industrial products company’s stock worth $31,000 after buying an additional 31 shares during the period. Finally, Family Legacy Financial Solutions LLC bought a new stake in shares of Caterpillar during the second quarter worth approximately $32,000. 70.98% of the stock is owned by hedge funds and other institutional investors.

Caterpillar Company Profile

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.