Caterpillar Inc. (NYSE:CAT – Free Report) – Analysts at Erste Group Bank raised their FY2026 EPS estimates for Caterpillar in a research report issued to clients and investors on Friday, June 5th. Erste Group Bank analyst H. Engel now anticipates that the industrial products company will post earnings of $24.38 per share for the year, up from their previous forecast of $24.26. The consensus estimate for Caterpillar’s current full-year earnings is $24.68 per share. Erste Group Bank also issued estimates for Caterpillar’s FY2027 earnings at $29.97 EPS.
Caterpillar (NYSE:CAT – Get Free Report) last posted its earnings results on Thursday, April 30th. The industrial products company reported $5.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.65 by $0.89. Caterpillar had a net margin of 13.33% and a return on equity of 48.21%. The company had revenue of $17.42 billion during the quarter, compared to analysts’ expectations of $16.53 billion. During the same quarter last year, the company posted $4.25 EPS. Caterpillar’s quarterly revenue was up 22.2% compared to the same quarter last year.
Read Our Latest Stock Report on CAT
Caterpillar Stock Down 6.3%
Caterpillar stock opened at $856.74 on Thursday. The company’s 50-day moving average price is $844.44 and its two-hundred day moving average price is $722.90. The company has a quick ratio of 0.81, a current ratio of 1.35 and a debt-to-equity ratio of 1.64. The stock has a market cap of $394.61 billion, a P/E ratio of 42.65, a P/E/G ratio of 1.80 and a beta of 1.59. Caterpillar has a twelve month low of $355.70 and a twelve month high of $946.83.
Institutional Investors Weigh In On Caterpillar
Large investors have recently modified their holdings of the business. Illinois Municipal Retirement Fund boosted its stake in shares of Caterpillar by 7.3% during the third quarter. Illinois Municipal Retirement Fund now owns 17,262 shares of the industrial products company’s stock valued at $8,237,000 after purchasing an additional 1,181 shares in the last quarter. Caprock Group LLC acquired a new position in shares of Caterpillar in the third quarter valued at approximately $8,893,000. State of New Jersey Common Pension Fund D raised its holdings in Caterpillar by 2.5% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 165,677 shares of the industrial products company’s stock valued at $79,053,000 after buying an additional 4,010 shares during the last quarter. Juno Financial Group LLC acquired a new stake in Caterpillar during the 4th quarter worth approximately $877,000. Finally, ARK Investment Management LLC grew its holdings in Caterpillar by 11.7% during the 3rd quarter. ARK Investment Management LLC now owns 31,144 shares of the industrial products company’s stock worth $14,860,000 after acquiring an additional 3,268 shares during the last quarter. Institutional investors and hedge funds own 70.98% of the company’s stock.
Insider Buying and Selling at Caterpillar
In other news, insider Anthony D. Fassino sold 16,283 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $916.80, for a total transaction of $14,928,254.40. Following the completion of the sale, the insider owned 46,041 shares of the company’s stock, valued at approximately $42,210,388.80. This represents a 26.13% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Denise C. Johnson sold 12,605 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $907.91, for a total transaction of $11,444,205.55. Following the sale, the insider owned 49,825 shares in the company, valued at $45,236,615.75. This represents a 20.19% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 95,773 shares of company stock valued at $87,642,635 over the last three months. 0.33% of the stock is owned by insiders.
Caterpillar Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Monday, July 20th will be paid a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a yield of 0.8%. This is a boost from Caterpillar’s previous quarterly dividend of $1.51. The ex-dividend date of this dividend is Monday, July 20th. Caterpillar’s payout ratio is presently 30.06%.
Caterpillar News Summary
Here are the key news stories impacting Caterpillar this week:
- Positive Sentiment: Caterpillar’s board approved an 8% dividend increase to $1.63 per share, reinforcing management’s confidence in cash flow and its commitment to returning capital to shareholders. Caterpillar Inc. Increases Dividend
- Positive Sentiment: Several articles highlighted Caterpillar as a momentum and growth stock to watch, with Zacks upgrading it to “strong-buy” and noting earnings growth, price strength, and continued interest tied to AI data center infrastructure demand. Earnings Growth & Price Strength Make Caterpillar (CAT) a Stock to Watch
- Positive Sentiment: Recent coverage also pointed to strong Q1 2026 volume growth, with total sales up 22% and demand improving across Construction and Power & Energy, supporting the bull case for continued earnings momentum. CAT Volumes Gain Strength Across Segments in Q126: More Upside Ahead?
- Neutral Sentiment: Technical and market commentary said CAT remains above its 50-day moving average and is still near key levels after a powerful multi-month rally, suggesting the stock may be consolidating rather than breaking down on company-specific news. Caterpillar Holds Key Level After Plowing Into Data Center Market
- Negative Sentiment: One note said Caterpillar has surged sharply over the past year and may be stretched on valuation, raising the risk of near-term pullbacks if investors lock in gains. Is It Too Late To Consider Caterpillar (CAT) After Its 158% One-Year Surge?
- Negative Sentiment: The biggest near-term headwind is the broad market move: CAT was one of the Dow’s weak spots during a major selloff, which likely amplified today’s decline despite otherwise favorable company-specific news. Dow’s 663-point drop led by losses for shares of Caterpillar, Honeywell
About Caterpillar
Caterpillar Inc is a global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and locomotives. The company’s product portfolio includes earthmoving machines such as excavators, bulldozers, wheel loaders and off?highway trucks, as well as a range of power generation products including generator sets and power systems for industrial and commercial use. Caterpillar serves customers across heavy construction, mining, energy, transportation and related industries with both equipment and integrated technology solutions.
In addition to manufacturing, Caterpillar provides a broad range of aftermarket parts and support services, including maintenance, repair, remanufacturing and fleet management tools.
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