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

Caterpillar Inc. (NYSE:CAT) – DA Davidson decreased their Q1 2025 earnings per share (EPS) estimates for shares of Caterpillar in a report released 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.

Other analysts have also issued research reports about the company. Truist Financial lowered their price target on Caterpillar from $438.00 to $389.00 and set a “buy” rating for the company in a report on Tuesday, April 8th. Bank of America dropped their price target on Caterpillar from $452.00 to $414.00 and set a “buy” rating on the stock in a research report on Friday, January 31st. StockNews.com downgraded Caterpillar from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. UBS Group upgraded shares of Caterpillar from a “sell” rating to a “neutral” rating and increased their target price for the stock from $355.00 to $385.00 in a report on Monday, February 3rd. Finally, Raymond James raised shares of Caterpillar from a “market perform” rating to an “outperform” rating in a research report on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $359.36.

Caterpillar Price Performance

Caterpillar stock opened at $291.00 on Wednesday. The stock has a market cap of $139.08 billion, a price-to-earnings ratio of 13.19, a price-to-earnings-growth ratio of 1.87 and a beta of 1.21. The firm has a 50-day moving average of $324.47 and a two-hundred day moving average of $362.29. Caterpillar has a 1 year low of $267.30 and a 1 year high of $418.50. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.42 and a quick ratio of 0.89.

Caterpillar (NYSE:CAT) last issued its 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 net margin of 16.65% and a return on equity of 58.18%.

Caterpillar Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 20th. Investors of record on Monday, April 21st will be given a $1.41 dividend. 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 payout ratio is currently 25.56%.

Insider Buying and Selling

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

Institutional Trading of Caterpillar

A number of hedge funds and other institutional investors have recently made changes to their positions in CAT. Nordea Investment Management AB raised its stake in shares of Caterpillar by 1.6% during the 4th quarter. Nordea Investment Management AB now owns 635,750 shares of the industrial products company’s stock valued at $231,686,000 after buying an additional 10,212 shares during the last quarter. West Wealth Group LLC acquired a new position in Caterpillar in the fourth quarter valued at approximately $230,000. Cadinha & Co. LLC purchased a new stake in Caterpillar in the 4th quarter worth approximately $11,084,000. Atomi Financial Group Inc. grew its stake in shares of Caterpillar by 3.9% during the 4th quarter. Atomi Financial Group Inc. now owns 23,193 shares of the industrial products company’s stock worth $8,414,000 after purchasing an additional 871 shares during the period. Finally, Copley Financial Group Inc. purchased a new position in shares of Caterpillar during the 3rd quarter valued at approximately $800,000. 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.