Caterpillar Inc. (CAT)

NYSE: CAT · Real-Time Price · USD
366.04
+5.67 (1.57%)
Dec 20, 2024, 4:00 PM EST - Market closed
1.57%
Market Cap 176.73B
Revenue (ttm) 65.66B
Net Income (ttm) 10.68B
Shares Out 482.80M
EPS (ttm) 21.54
PE Ratio 16.99
Forward PE 17.21
Dividend $5.53 (1.51%)
Ex-Dividend Date Jan 21, 2025
Volume 2,333,343
Open 358.50
Previous Close 360.37
Day's Range 357.24 - 371.49
52-Week Range 276.94 - 418.50
Beta 1.10
Analysts Buy
Price Target 373.53 (+2.05%)
Earnings Date Feb 3, 2025

About CAT

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. The company’s Resource Industries segment prov... [Read more]

Sector Industrials
Founded 1925
Employees 113,200
Stock Exchange NYSE
Ticker Symbol CAT
Full Company Profile

Financial Performance

In 2023, Caterpillar's revenue was $67.06 billion, an increase of 12.84% compared to the previous year's $59.43 billion. Earnings were $10.34 billion, an increase of 54.14%.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for CAT stock is "Buy." The 12-month stock price forecast is $373.53, which is an increase of 2.05% from the latest price.

Price Target
$373.53
(2.05% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Best Way To Invest $100,000: Build An 8-Stock Portfolio For Growth And Value

Concentrate on a select few high-conviction stocks across different sectors to avoid "diworsification" and maximize returns, inspired by Charlie Munger and Warren Buffett. Utilize Joel Greenblatt's "M...

7 days ago - Seeking Alpha

The Big 3: CAT, C, VIX

@Theotrade's Don Kaufman talks about uncertainty in today's Big 3. In the case of Caterpillar (CAT) and Citigroup (C), he leans bearish.

Other symbols: C
9 days ago - Schwab Network

Caterpillar Inc. Maintains Dividend

IRVING, Texas , Dec. 10, 2024 /PRNewswire/ -- The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted today to maintain the quarterly dividend of one dollar and forty-one cents ($1.41) per share ...

10 days ago - PRNewsWire

Dividend Income Summary: Lanny's November 2024 Summary

Investing in dividend stocks allows you to earn dividend income, the best passive income stream. The power of compounding and dividend reinvestment is a wonderful component to the portfolio. All of th...

Other symbols: ABBVCVSCZNCDEETNGDHRL
10 days ago - Seeking Alpha

Caterpillar Invites World's Most-Skilled Operators to Forge Their Legacies through Third Global Operator Challenge

Heavy equipment operators from more than 40 countries compete to claim worldwide title in largest challenge to date IRVING, Texas , Dec. 9, 2024 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) today laun...

11 days ago - PRNewsWire

Caterpillar Stock Is a 'Top Pick' for 2025. Hedge Funds Are Less Bearish.

Jefferies analyst Stephen Volkmann raised his Caterpillar price target by $20 to $475 a share and named it a “top pick” for 2025.

14 days ago - Barrons

Caterpillar Is Good, But Not Quite Great

Caterpillar designs, manufactures, and sells machinery globally, with a market cap near $200B and a historical annual return of nearly 15%. The Company is a Dividend Champion and Aristocrat, having in...

19 days ago - Seeking Alpha

Why Caterpillar Is The Industrial Giant I'm Betting On For The Next Decade

Caterpillar's resilience against cyclical headwinds is impressive, driven by innovation, a strong balance sheet, and a commitment to shareholder value. Despite short-term revenue declines, Caterpillar...

27 days ago - Seeking Alpha

The Big 3: CAT, CVX, WMT

Walmart (WMT) and Caterpillar (CAT) are trading near their all-time highs, but @Theotrade's Don Kaufman is bearish on both. However, a "drill, baby, drill" attitude of the incoming Trump administratio...

Other symbols: CVXWMT
4 weeks ago - Schwab Network

Caterpillar Raises Record $15.2 Million in United Way Campaign

Funds will help improve the lives of individuals in communities across the United States, Mexico, Canada and Panama IRVING, Texas , Nov. 18, 2024 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) employees...

4 weeks ago - PRNewsWire

The Big 3: CAT, RIVN, T

All the names in today's Big 3 show upside potential, but Aquiles Larrea notes resistance they need to break through. He and Rick Ducat break down the technical trends in Caterpillar (CAT), Rivian (RI...

Other symbols: RIVNT
5 weeks ago - Schwab Network

Caterpillar Paves the Way for Future Technology Advancements with Launch of Autonomous Cat® 777 Off-Highway Truck at Luck Stone Quarry

IRVING, Texas , Nov. 7, 2024 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) today announced it has successfully demonstrated the fully autonomous operation of its Cat® 777 off-highway truck. The debut o...

6 weeks ago - PRNewsWire

Caterpillar earnings miss on weak equipment sales

Caterpillar's (CAT) third quarter results fell short of Wall Street's expectations. Seana Smith and Josh Schafer examine the results and break down what it signals about the US economy on Catalysts.

7 weeks ago - Yahoo Finance

Caterpillar Q3: There Are More Pressing Issues Than The Earnings Miss

Caterpillar Inc.'s Q3 results were mixed, with a miss on the top and bottom line, but an overall optimistic outlook for the whole fiscal year. However, the current valuation appears stretched, and lon...

7 weeks ago - Seeking Alpha

Caterpillar Sales Slide on Weak Industrial Demand

Caterpillar (CAT) shares declined Wednesday when the construction equipment manufacturer posted worse-than-expected results and warned about the future on a slowdown in industrial sector demand.

7 weeks ago - Investopedia

Caterpillar Inc. (CAT) Q3 2024 Earnings Call Transcript

Caterpillar Inc. (NYSE:CAT) Q3 2024 Earnings Conference Call October 30, 2024 8:30 AM ET Company Participants Ryan Fiedler - Vice President, Investor Relations Jim Umpleby - Chairman & Chief Executiv...

7 weeks ago - Seeking Alpha

Caterpillar's stock drops as weak equipment sales lead to a rare profit miss

Caterpillar's stock drops after a rare profit miss, while revenue was below expectations for a fourth straight quarter.

7 weeks ago - Market Watch

Cat Financial Announces Third-Quarter 2024 Results

NASHVILLE, Tenn. , Oct. 30, 2024 /PRNewswire/ -- Cat Financial reported third-quarter 2024 revenues of $888 million, an increase of $42 million, or 5%, compared with $846 million in the third quarter ...

7 weeks ago - PRNewsWire

Caterpillar Reports Third-Quarter 2024 Results

Third-quarter 2024 profit per share of $5.06; adjusted profit per share of $5.17 Enterprise operating cash flow was $3.6 billion in the third quarter of 2024 Deployed $1.5 billion of cash for share re...

7 weeks ago - PRNewsWire

Caterpillar Investors Want to See Earnings Growth. They Might Not Get It.

For the third quarter, Wall Street is looking for earnings per share of $5.35 from sales of $16.4 billion, according to FactSet.

7 weeks ago - Barrons

Should You Pick Caterpillar Stock Ahead Of Q3?

Caterpillar (NYSE: CAT) will report its Q3 2024 results on Tuesday, October 29. We expect the company's revenues to come in at $16.2 billion and adjusted earnings of $5.36 per share, broadly aligning ...

7 weeks ago - Forbes

Caterpillar: 4 Major CATalysts

Caterpillar (CAT) reached new all-time highs in September. Earnings are steady despite tough conditions; upcoming report may cause volatility but won't alter CAT's strong performance and profitability...

2 months ago - Seeking Alpha

Ex-Dividend Reminder: Caterpillar, Graco And Costamare

On 10/21/24, Caterpillar, Graco and Costamare will all trade ex-dividend for their respective upcoming dividends. Caterpillar will pay its quarterly dividend of $1.41 on 11/20/24, Graco will pay its q...

Other symbols: CMREGGG
2 months ago - Forbes

Caterpillar Inc. to Announce Third-Quarter 2024 Financial Results

IRVING, Texas , Oct. 16, 2024 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) will release third-quarter 2024 financial results at 5:30 a.m. CDT on Wednesday, Oct. 30.

2 months ago - PRNewsWire

Caterpillar Stock Slips as Analysts Worry About 'Bloated' Inventories

Shares of Caterpillar (CAT) slid 2% Monday as analysts at Morgan Stanley downgraded the stock and lowered their price target, citing pressure on the company's construction industries segment.

2 months ago - Investopedia