Caterpillar Inc. (NYSE:CAT – Free Report) – Equities research analysts at Zacks Research lowered their Q2 2025 EPS estimates for shares of Caterpillar in a report issued on Thursday, July 24th. Zacks Research analyst M. Das now expects that the industrial products company will post earnings per share of $4.58 for the quarter, down from their prior forecast of $4.59. The consensus estimate for Caterpillar’s current full-year earnings is $19.86 per share. Zacks Research also issued estimates for Caterpillar’s Q4 2025 earnings at $4.54 EPS, FY2025 earnings at $17.82 EPS, Q2 2026 earnings at $5.00 EPS, Q3 2026 earnings at $5.01 EPS, Q4 2026 earnings at $5.28 EPS, FY2026 earnings at $19.91 EPS, Q1 2027 earnings at $4.97 EPS, Q2 2027 earnings at $5.56 EPS and FY2027 earnings at $21.79 EPS. A number of other research analysts have also issued reports on the stock. Barclays upped their target price on shares of Caterpillar from $335.00 to $383.00 and gave the company an “equal weight” rating in a report on Monday, July 21st. UBS Group raised shares of Caterpillar from a “sell” rating to a “neutral” rating and upped their price objective for the company from $272.00 to $357.00 in a research note on Friday, May 16th. Oppenheimer raised their target price on shares of Caterpillar from $395.00 to $483.00 and gave the stock an “outperform” rating in a research report on Thursday, July 17th. Robert W. Baird boosted their price target on Caterpillar from $395.00 to $422.00 and gave the company an “outperform” rating in a report on Friday, June 20th. Finally, Bank of America increased their price target on Caterpillar from $335.00 to $385.00 and gave the stock a “buy” rating in a research note on Friday, May 30th. Seven analysts have rated the stock with a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $419.33. Caterpillar (<NYSE:CAT> – Get Free Report) last announced its earnings results on Wednesday, April 30th. The industrial products company reported $4.25 EPS for the quarter, missing analysts’ consensus estimates of $4.35 by ($0.10). The company had revenue of $14.25 billion for the quarter, compared to analyst estimates of $14.64 billion. Caterpillar had a net margin of 15.71% and a return on equity of 53.77%. Caterpillar’s quarterly revenue was down 9.8% compared to the same quarter last year. During the same quarter last year, the company posted $5.60 EPS. The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 20th. Shareholders of record on Monday, July 21st will be paid a dividend of $1.51 per share. The ex-dividend date is Monday, July 21st. This is a positive change from Caterpillar’s previous quarterly dividend of $1.41. This represents a $6.04 annualized dividend and a yield of 1.39%. Caterpillar’s dividend payout ratio is currently 29.43%. In other news, Director David Maclennan acquired 375 shares of Caterpillar stock in a transaction dated Wednesday, May 7th. The shares were acquired at an average cost of $320.70 per share, with a total value of $120,262.50. Following the purchase, the director directly owned 6,653 shares of the company’s stock, valued at approximately $2,133,617.10. This trade represents a 5.97% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.33% of the stock is currently owned by company insiders. A number of institutional investors and hedge funds have recently bought and sold shares of CAT. Geode Capital Management LLC increased its position in shares of Caterpillar by 2.3% in the fourth quarter. Geode Capital Management LLC now owns 10,449,770 shares of the industrial products company’s stock worth $3,790,841,000 after acquiring an additional 236,315 shares in the last quarter. Valeo Financial Advisors LLC boosted its position in Caterpillar by 36,842.1% during the 2nd quarter. Valeo Financial Advisors LLC now owns 7,299,751 shares of the industrial products company’s stock worth $2,833,836,000 after purchasing an additional 7,279,991 shares during the period. Northern Trust Corp increased its holdings in Caterpillar by 11.8% in 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 purchasing an additional 724,477 shares in the last quarter. Norges Bank purchased a new position in Caterpillar in the fourth quarter valued at about $2,184,364,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Caterpillar by 6.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,204,445 shares of the industrial products company’s stock worth $1,386,626,000 after purchasing an additional 264,054 shares in the last quarter. Institutional investors and hedge funds own 70.98% of the company’s stock. 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.

Q2 EPS Estimates for Caterpillar Decreased by Zacks Research

Zacks Research lowered its Q2 2025 EPS estimate for Caterpillar from $4.59 to $4.58, while other analysts adjusted their ratings and price targets. The company reported Q2 2025 earnings of $4.25 EPS, missing analyst estimates, with revenue of $14.25 billion. Caterpillar also announced a dividend increase and received updates on institutional investor positions.