What is DA Davidson's Estimate for Caterpillar Q1 Earnings?

Caterpillar Inc. (NYSE:CAT - Free Report) - Equities research analysts at DA Davidson lowered their Q1 2025 earnings estimates for shares of Caterpillar in a research report issued to clients and investors on Tuesday, April 22nd. DA Davidson analyst M. Shlisky now anticipates that the industrial products company will post earnings of $4.59 per share for the quarter, down from their prior forecast of $4.70. DA Davidson has a "Neutral" rating and a $325.00 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 FY2025 earnings at $20.10 EPS and FY2026 earnings at $22.50 EPS.

CAT has been the subject of a number of other reports. Wedbush raised shares of Caterpillar to an "outperform" rating in a report on Monday, February 3rd. Raymond James raised Caterpillar from a "market perform" rating to an "outperform" rating in a report on Monday, February 3rd. Citigroup cut their price target on Caterpillar from $430.00 to $320.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. Truist Financial decreased their price objective on Caterpillar from $438.00 to $389.00 and set a "buy" rating on the stock in a research note on Tuesday, April 8th. Finally, UBS Group upgraded Caterpillar from a "sell" rating to a "neutral" rating and boosted their price objective for the company from $355.00 to $385.00 in a research note on Monday, February 3rd. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $359.36.

Caterpillar Stock Up 2.2 %

Caterpillar stock opened at $291.00 on Wednesday. The stock has a market cap of $139.08 billion, a PE ratio of 13.19, a price-to-earnings-growth ratio of 1.87 and a beta of 1.21. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.89 and a current ratio of 1.42. The stock has a fifty day moving average of $324.47 and a 200 day moving average of $362.29. Caterpillar has a one year low of $267.30 and a one year high of $418.50.

Caterpillar (NYSE:CAT - Get Free Report) last announced its quarterly earnings results on Thursday, January 30th. The industrial products company reported $5.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.97 by $0.17. Caterpillar had a return on equity of 58.18% and a net margin of 16.65%.

Institutional Trading of Caterpillar

A number of large investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its stake in Caterpillar by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 46,809,540 shares of the industrial products company's stock worth $16,980,629,000 after acquiring an additional 284,366 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Caterpillar by 2.3% in the 4th quarter. Geode Capital Management LLC now owns 10,449,770 shares of the industrial products company's stock worth $3,790,841,000 after purchasing an additional 236,315 shares during the period. Fisher Asset Management LLC increased its position in shares of Caterpillar by 1.4% during the 4th quarter. Fisher Asset Management LLC now owns 9,081,775 shares of the industrial products company's stock valued at $3,294,505,000 after purchasing an additional 129,143 shares during the last quarter. Northern Trust Corp raised its holdings in Caterpillar by 11.8% during the 4th quarter. Northern Trust Corp now owns 6,847,330 shares of the industrial products company's stock valued at $2,483,937,000 after buying an additional 724,477 shares during the period. Finally, Norges Bank bought a new stake in Caterpillar in the fourth quarter worth $2,184,364,000. 70.98% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Gerald Johnson purchased 100 shares of the business's stock in a transaction on Tuesday, February 4th. The stock was acquired at an average price of $365.57 per share, for a total transaction of $36,557.00. Following the acquisition, the director now directly owns 3,053 shares of the company's stock, valued at $1,116,085.21. This represents a 3.39 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jason Kaiser sold 2,425 shares of the company's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $354.70, for a total value of $860,147.50. Following the sale, the insider now directly owns 6,275 shares in the company, valued at $2,225,742.50. This trade represents a 27.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.29% of the company's stock.

Caterpillar Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 20th. Shareholders of record on Monday, April 21st will be issued a dividend of $1.41 per share. This represents a $5.64 annualized dividend and a dividend yield of 1.94%. The ex-dividend date of this dividend is Monday, April 21st. Caterpillar's dividend payout ratio (DPR) is presently 25.56%.

About Caterpillar

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.

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