Q4 Earnings Forecast for Caterpillar Issued By DA Davidson

Caterpillar Inc. (NYSE:CAT) – Equities research analysts at DA Davidson issued their Q4 2025 earnings per share estimates for shares of Caterpillar in a research report issued on Tuesday, November 4th. DA Davidson analyst M. Shlisky anticipates that the industrial products company will post earnings per share of $4.69 for the quarter. DA Davidson has a “Neutral” rating and a $569.00 price objective on the stock. The consensus estimate for Caterpillar’s current full-year earnings is $19.86 per share.

Several other brokerages have also weighed in on CAT. Bank of America lifted their price objective on Caterpillar from $594.00 to $650.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. JPMorgan Chase & Co. lifted their price objective on Caterpillar from $650.00 to $730.00 and gave the stock an “overweight” rating in a report on Thursday, October 30th. Robert W. Baird lifted their price objective on Caterpillar from $612.00 to $680.00 and gave the stock an “outperform” rating in a report on Thursday, October 30th. Evercore ISI raised Caterpillar from an “in-line” rating to an “outperform” rating and set a $476.00 price objective on the stock in a report on Tuesday, August 19th. Finally, UBS Group lifted their price objective on Caterpillar from $506.00 to $581.00 and gave the stock a “neutral” rating in a report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Caterpillar currently has a consensus rating of “Moderate Buy” and a consensus target price of $588.94.

Caterpillar Stock Performance

CAT opened at $569.33 on Wednesday. Caterpillar has a 12-month low of $267.30 and a 12-month high of $596.21. The firm has a market capitalization of $266.72 billion, a P/E ratio of 29.23, a price-to-earnings-growth ratio of 3.33 and a beta of 1.51. The stock’s 50 day moving average price is $486.22 and its two-hundred day moving average price is $414.84. The company has a quick ratio of 0.81, a current ratio of 1.38 and a debt-to-equity ratio of 1.34.

Caterpillar (NYSE:CAT) last released its earnings results on Wednesday, October 29th. The industrial products company reported $4.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.52 by $0.43. The firm had revenue of $17.64 billion for the quarter, compared to analyst estimates of $16.72 billion. Caterpillar had a return on equity of 47.16% and a net margin of 14.34%.The company’s revenue was up 9.5% on a year-over-year basis. During the same quarter last year, the firm posted $5.17 EPS.

Hedge Funds Weigh In On Caterpillar

Institutional investors have recently bought and sold shares of the business. Marquette Asset Management LLC raised its position in Caterpillar by 1,060.0% in the 3rd quarter. Marquette Asset Management LLC now owns 58 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 53 shares during the last quarter. Joseph Group Capital Management bought a new stake in shares of Caterpillar during the third quarter worth $32,000. Kilter Group LLC bought a new stake in shares of Caterpillar during the second quarter worth $27,000. Mid American Wealth Advisory Group Inc. bought a new stake in shares of Caterpillar during the second quarter worth $28,000. Finally, Sellwood Investment Partners LLC bought a new stake in shares of Caterpillar during the third quarter worth $35,000. Institutional investors own 70.98% of the company’s stock.

Insider Buying and Selling

In related news, Director Susan C. Schwab sold 2,324 shares of the firm’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $410.00, for a total transaction of $952,840.00. Following the completion of the transaction, the director owned 6,917 shares in the company, valued at $2,835,970. This trade represents a 25.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Donald J. Umpleby III sold 17,168 shares of Caterpillar stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $412.87, for a total value of $7,088,152.16. Following the completion of the transaction, the chairman owned 482,505 shares of the company’s stock, valued at approximately $199,211,839.35. The trade was a 3.44% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 55,985 shares of company stock worth $25,559,300 in the last 90 days. 0.33% of the stock is owned by company insiders.

Caterpillar Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 20th. Investors of record on Monday, October 20th will be given a dividend of $1.51 per share. This represents a $6.04 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Monday, October 20th. Caterpillar’s dividend payout ratio (DPR) is 31.01%.

Caterpillar Company Profile

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.