Caterpillar Inc. (CAT)
Market Cap | 160.29B |
Revenue (ttm) | 67.00B |
Net Income (ttm) | 11.25B |
Shares Out | 489.05M |
EPS (ttm) | 22.13 |
PE Ratio | 14.81 |
Forward PE | 14.82 |
Dividend | $5.64 (1.72%) |
Ex-Dividend Date | Jul 22, 2024 |
Volume | 2,094,573 |
Open | 328.00 |
Previous Close | 329.08 |
Day's Range | 325.58 - 330.09 |
52-Week Range | 223.76 - 382.01 |
Beta | 1.13 |
Analysts | Buy |
Price Target | 331.63 (+1.18%) |
Earnings Date | Jul 30, 2024 |
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]
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 StatementsAnalyst Forecast
According to 17 analysts, the average rating for CAT stock is "Buy." The 12-month stock price forecast is $331.63, which is an increase of 1.18% from the latest price.
News
Final Trades: Citigroup, On Holding, Caterpillar and Travelers
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Calls of the Day: Home Depot, Accenture, Shopify, Blackstone & Caterpillar
The Investment Committee discuss the latest Calls of the Day.
Caterpillar Stock Is a Better Bet Than Deere's, Says Analyst. This Is Why.
Citi analyst Kyle Menges launched coverage of several U.S. machinery stocks. He has a Buy rating on Caterpillar stock, and a Hold rating on Deere's.
Nordic fund KLP excludes Caterpillar from portfolios due to Israel sales
Norway's largest pension fund KLP said on Wednesday it will no longer invest in Caterpillar Inc because of risk that equipment sold by the U.S. group to Israel is used to demolish Palestinian homes an...
5 Cheap Stocks Buying Back Shares at Reasonable Prices
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Caterpillar's Russian assets transferred to firm owned by Armenian fund
U.S. machinery maker Caterpillar's former Russian assets have been transferred to a company owned by Armenian investment fund Balchug Capital, Russian company filings showed.
Three-Stock Lunch: Adobe, Caterpillar& Hasbro
Brian Vendig, MJP Wealth Advisors CIO, joins 'Power Lunch' to discuss stock plays for Adobe, Caterpillar, and Hasbro.
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Caterpillar Boosts Share Buyback Plan, Raises Dividend
Caterpillar (CAT) said Wednesday that it expanded its stock buyback plan and raised its dividend.
Caterpillar Inc. Increases Dividend and Increases Share Repurchase Authorization
IRVING, Texas , June 12, 2024 /PRNewswire/ -- The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted today to raise the quarterly dividend by eleven cents, an 8% increase, to one dollar and fort...
Caterpillar Inc. Donates $500,000 to Associated Equipment Distributor Foundation's Vision 2025 Campaign
Donation to help close skills gap, address workforce shortage within equipment distribution industry IRVING, Texas , June 11, 2024 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) today announced a $500,0...
Trade Tracker: Bill Baruch buys MasTec and Chubb, sells Morgan Stanley, Caterpillar and Target
Bill Baruch, founder & president at Blue Line Capital, joins CNBC's “Halftime Report” to detail his latest trades.
Caterpillar to pay $800,000 to resolve racial discrimination case, says Labor Dept
Heavy equipment company Caterpillar has agreed to pay $800,000 to resolve allegations of systemic hiring discrimination against Black applicants at an Illinois plant, the U.S. Labor Department said on...
Caterpillar Launches 'Pathways to Sustainability' - an Energy Transition Program
IRVING, Texas , May 20, 2024 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) announced the formation of a new educational program designed to support mining, quarry and aggregate industry customers on th...
BA, CAT, MO: Stocks to Watch & Technical Trends
We believe there is still a chance to make a double digit move to the upside, notes Aquiles Larrea on Boeing (BA). He and Ben Lichtenstein discuss today's big three stocks Boeing, Caterpillar (CAT), a...
These two companies helped the Dow cross 40,000
The Dow Jones (^DJI) hit 40,000 for the first time in history on Thursday. Yahoo Finance's Josh Schafer joins The Morning Brief to analyze the history of the index and its top stocks.
Caterpillar Releases 2023 Company Reports
Reports highlight progress on sustainability and enterprise strategy IRVING, Texas , May 7, 2024 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) today released its latest reports highlighting the company...
Caterpillar Announces Virtual 2024 Shareholder Meeting
IRVING, Texas , May 3, 2024 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) will hold a virtual annual shareholder meeting on Wednesday, June 12, 2024, at 8 a.m. CDT. Shareholders owning Caterpillar comm...
What Should You Do With Caterpillar Stock After A Mixed Q1?
Caterpillar Caterpillar (NYSE: CAT) recently reported its Q1 results, with revenues missing but earnings comfortably above our estimates. The company reported revenue of $15.8 billion and earnings of ...
Here are the AI industrial names powering Big Tech
CNBC's Seema Mody joins 'Power Lunch' with the latest on AI plays in the tech space.
Caterpillar Announces Voluntary Delisting from Euronext Paris
IRVING, Texas, April 29, 2024 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT – Euronext Paris: CATR) (the "Company" or "Caterpillar") today announced that, following a comprehensive review of the signifi...
Meta, Netflix and 2 Other Stocks May Be Bargains After Post-Earnings Slides
Shares of Meta Platforms, Netflix, Sherwin-Williams, and Caterpillar look cheap compared with earnings growth down the line.
CNBC's 2024 Stock Draft: Washington Commanders' Austin Ekeler picks Caterpillar in first round
CNBC's annual stock draft is underway. Celebrities, athletes, and financial gurus join ‘Power Lunch' to make their picks.