Q3 EPS Estimates for Caterpillar Increased by Zacks Research

Caterpillar Inc. (NYSE:CAT) – Analysts at Zacks Research boosted their Q3 2025 earnings per share estimates for Caterpillar in a research note issued to investors on Thursday, November 28th. Zacks Research analyst M. Das now forecasts that the industrial products company will post earnings per share of $5.30 for the quarter, up from their prior estimate of $5.28. The consensus estimate for Caterpillar’s current full-year earnings is $21.67 per share. Zacks Research also issued estimates for Caterpillar’s Q4 2025 earnings at $5.65 EPS.

Caterpillar (NYSE:CAT) last posted its quarterly earnings data on Wednesday, October 30th. The industrial products company reported $5.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.33 by ($0.16). The company had revenue of $16.11 billion for the quarter, compared to analyst estimates of $16.37 billion. Caterpillar had a net margin of 16.26% and a return on equity of 59.09%. The business’s revenue was down 4.2% compared to the same quarter last year. During the same quarter last year, the company earned $5.52 EPS.

A number of other analysts have also recently commented on CAT. JPMorgan Chase & Co. lifted their price target on Caterpillar from $435.00 to $500.00 and gave the stock an “overweight” rating in a research report on Monday, October 14th. Barclays upped their target price on Caterpillar from $315.00 to $335.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 7th. Citigroup reduced their price target on shares of Caterpillar from $445.00 to $435.00 and set a “buy” rating for the company in a research report on Thursday, October 31st. Truist Financial upped their price objective on shares of Caterpillar from $399.00 to $456.00 and gave the company a “buy” rating in a report on Wednesday, October 9th. Finally, Bank of America upped their price target on shares of Caterpillar from $376.00 to $434.00 and gave the company a “buy” rating in a report on Monday, September 30th. Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $365.33.

Caterpillar Trading Up 0.6 %

NYSE:CAT opened at $406.11 on Monday. The company has a current ratio of 1.40, a quick ratio of 0.86 and a debt-to-equity ratio of 1.33. The firm has a fifty day simple moving average of $391.37 and a 200-day simple moving average of $357.73. Caterpillar has a 12 month low of $247.84 and a 12 month high of $418.50. The company has a market capitalization of $196.07 billion, a P/E ratio of 18.83, a PEG ratio of 2.01 and a beta of 1.10.

Caterpillar Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 20th. Stockholders of record on Monday, October 21st were given a dividend of $1.41 per share. The ex-dividend date of this dividend was Monday, October 21st. This represents a $5.64 dividend on an annualized basis and a dividend yield of 1.39%. Caterpillar’s dividend payout ratio (DPR) is 26.15%.

Insider Buying and Selling

In other Caterpillar news, Director Gerald Johnson bought 100 shares of the company’s stock in a transaction dated Wednesday, September 4th. The stock was acquired at an average price of $338.59 per share, with a total value of $33,859.00. Following the completion of the acquisition, the director now directly owns 2,842 shares of the company’s stock, valued at $962,272.78. This represents a 3.65 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Cheryl H. Johnson sold 2,664 shares of the firm’s stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $378.84, for a total transaction of $1,009,229.76. Following the completion of the transaction, the insider now directly owns 12,951 shares in the company, valued at approximately $4,906,356.84. This represents a 17.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 17,589 shares of company stock valued at $7,113,953. 0.29% of the stock is owned by corporate insiders.

Institutional Trading of Caterpillar

A number of hedge funds have recently bought and sold shares of the business. Bbjs Financial Advisors LLC purchased a new position in shares of Caterpillar during the 2nd quarter worth $28,000. Financial Connections Group Inc. purchased a new position in Caterpillar during the second quarter worth about $28,000. Capital Performance Advisors LLP acquired a new position in Caterpillar in the 3rd quarter valued at about $36,000. Fairscale Capital LLC purchased a new stake in shares of Caterpillar in the 2nd quarter valued at approximately $36,000. Finally, Kimelman & Baird LLC increased its holdings in shares of Caterpillar by 42.9% during the 3rd quarter. Kimelman & Baird LLC now owns 100 shares of the industrial products company’s stock worth $39,000 after buying an additional 30 shares during the last quarter. Institutional investors and hedge funds own 70.98% of the company’s stock.

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.