Caterpillar Inc. (NYSE:CAT – Get Free Report) declared a quarterly dividend on Wednesday, October 14th. Investors of record on Monday, October 19th will be given a dividend of $1.63 per share by the industrial products company on Thursday, November 19th. This represents a $6.52 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, October 19th.
Caterpillar has increased its dividend payment by an average of 0.1% annually over the last three years and has increased its dividend every year for the last 30 years. Caterpillar has a payout ratio of 30.9% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Caterpillar to earn $33.17 per share next year, which means the company should continue to be able to cover its $6.52 annual dividend with an expected future payout ratio of 19.7%.
Caterpillar Stock Down 3.3%
Shares of Caterpillar stock opened at $747.18 on Thursday. The company has a fifty day moving average price of $816.99 and a 200 day moving average price of $855.96. The company has a current ratio of 1.37, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65. Caterpillar has a twelve month low of $510.21 and a twelve month high of $1,073.46. The stock has a market cap of $343.46 billion, a price-to-earnings ratio of 32.15, a price-to-earnings-growth ratio of 1.33 and a beta of 1.58.
Caterpillar News Summary
Here are the key news stories impacting Caterpillar this week:
- Positive Sentiment: Oppenheimer lowered its Caterpillar price target from $1,118 to $1,009 but maintained an “outperform” rating. The new target implies substantial potential upside from recent levels, suggesting the analyst still sees attractive long-term value after the pullback. Benzinga analyst price target report
- Positive Sentiment: Caterpillar’s board maintained its quarterly dividend at $1.63 per share, payable November 19 to shareholders of record October 19. The annualized dividend is $6.52 per share, or approximately a 0.9% yield, reinforcing the company’s long record of returning cash to shareholders. Caterpillar maintains dividend
- Neutral Sentiment: Caterpillar is attracting elevated investor attention, while comparisons with Deere and Timken focus on relative valuation, cyclical exposure and the outlook for industrial demand. These reports may increase trading interest but do not represent new company-specific operating developments. Caterpillar investor attention report
- Negative Sentiment: Shares contributed to declines in the Dow as investors continued selling AI- and data-center-related beneficiaries amid inflation concerns. Caterpillar has fallen roughly 30% from its record high, reflecting a sharp reassessment of the premium investors had assigned to its data-center power opportunity. Caterpillar AI selloff and inflation concerns
- Negative Sentiment: Analysts have reduced expectations: Erste Group cut its fiscal 2027 EPS forecast to $32.14 from $32.28 and kept a “hold” rating, while Citi and Truist reportedly lowered their price targets. Investors are also questioning whether Caterpillar’s elevated earnings multiple can be sustained if data-center-related demand moderates. Caterpillar analyst target cuts
About Caterpillar
Caterpillar Inc is a global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Its products are used in infrastructure development, construction, mining, energy production, transportation, agriculture, forestry, and other industrial applications.
The company markets equipment and related services through a worldwide network of independent dealers. Its operations are generally organized around Construction Industries, Resource Industries, and Energy & Transportation.
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