Caterpillar Inc. (CAT)

NYSE: CAT · IEX Real-Time Price · USD
350.48
+6.18 (1.79%)
At close: Jul 26, 2024, 4:00 PM
350.47
-0.01 (0.00%)
After-hours: Jul 26, 2024, 7:06 PM EDT
1.79%
Market Cap 171.40B
Revenue (ttm) 67.00B
Net Income (ttm) 11.25B
Shares Out 489.05M
EPS (ttm) 22.13
PE Ratio 15.84
Forward PE 15.87
Dividend $5.64 (1.61%)
Ex-Dividend Date Jul 22, 2024
Volume 1,844,119
Open 348.64
Previous Close 344.30
Day's Range 346.88 - 352.94
52-Week Range 223.76 - 382.01
Beta 1.11
Analysts Buy
Price Target 331.63 (-5.38%)
Earnings Date Aug 6, 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]

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 17 analysts, the average rating for CAT stock is "Buy." The 12-month stock price forecast is $331.63, which is a decrease of -5.38% from the latest price.

Price Target
$331.63
(-5.38% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Caterpillar Inc. to Announce Second-Quarter 2024 Financial Results on August 6

IRVING, Texas , July 23, 2024 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) will release second-quarter 2024 financial results at 5:30 a.m. CDT on Tuesday, Aug. 6.

3 days ago - PRNewsWire

Three buys and a bail: Microsoft, AMD, Caterpillar, & Enphase

Danielle Shay, VP of options at Simplr Trading, joins CNBC's 'The Exchange' to discuss four stocks: Microsoft, AMD, Caterpillar, and Enphase Energy.

Other symbols: AMDENPHMSFT
7 days ago - CNBC Television

Final Trades: Caterpillar, I Shares U.S. Real Estate ETF and the Carlyle Group Inc.

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: CGIYR
8 days ago - CNBC Television

Final Trades: Citigroup, On Holding, Caterpillar and Travelers

he Investment Committee gives you their top stocks to watch for the second half.

Other symbols: CONONTRV
4 weeks ago - CNBC Television

Calls of the Day: Home Depot, Accenture, Shopify, Blackstone & Caterpillar

The Investment Committee discuss the latest Calls of the Day.

Other symbols: ACNBXHDSHOP
4 weeks ago - CNBC Television

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.

Other symbols: DE
4 weeks ago - Barrons

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...

4 weeks ago - Reuters

5 Cheap Stocks Buying Back Shares at Reasonable Prices

Buybacks are in fashion. But at today's valuations, companies could be paying up for their own stock—and that's never a good idea, whether you're a CEO or a retail investor.

Other symbols: CAHDEJNJPYPL
5 weeks ago - Barrons

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.

5 weeks ago - Reuters

Three-Stock Lunch: Adobe, Caterpillar& Hasbro

Brian Vendig, MJP Wealth Advisors CIO, joins 'Power Lunch' to discuss stock plays for Adobe, Caterpillar, and Hasbro.

Other symbols: ADBEHAS
6 weeks ago - CNBC Television

Final Trades: Freeport-McMoran, Qualcomm, Caterpillar and Starbucks

The Investment Committee gives you their top stocks to watch for the second half.

Other symbols: FCXQCOMSBUX
6 weeks ago - CNBC Television

Caterpillar Boosts Share Buyback Plan, Raises Dividend

Caterpillar (CAT) said Wednesday that it expanded its stock buyback plan and raised its dividend.

6 weeks ago - Investopedia

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...

6 weeks ago - PRNewsWire

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...

6 weeks ago - PRNewsWire

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.

Other symbols: CBMTZMSTGT
7 weeks ago - CNBC Television

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...

2 months ago - Reuters

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...

2 months ago - PRNewsWire

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...

Other symbols: BAMO
2 months ago - Schwab Network

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.

Other symbols: GS
2 months ago - Yahoo Finance

Cramer says these 10 stocks helped the Dow briefly crack 40,000

CNBC's Jim Cramer listed ten stocks that helped the Dow Jones Industrial Average briefly top 40,000 on Thursday, a new high for the index.

Other symbols: AAPLAXPCVXGSJPMMRKMSFT
2 months ago - CNBC

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...

2 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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 ...

3 months ago - Forbes

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.

Other symbols: CMIDOVGEVPH
3 months ago - CNBC Television

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...

3 months ago - PRNewsWire