Weekly Investment Analysts’ Ratings Updates for Caterpillar (CAT)

Caterpillar (NYSE: CAT) recently received a number of ratings updates from brokerages and research firms:

  • 2/12/2018 – Caterpillar was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $170.44 price target on the stock.
  • 2/8/2018 – Caterpillar was downgraded by analysts at TheStreet from a “b” rating to a “c+” rating.
  • 2/5/2018 – Caterpillar was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $170.44 price target on the stock.
  • 2/2/2018 – Caterpillar was upgraded by analysts at Argus to a “buy” rating.
  • 2/2/2018 – Caterpillar was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 2/1/2018 – Caterpillar had its price target raised by analysts at Argus from $155.00 to $185.00. They now have a “hold” rating on the stock.
  • 1/29/2018 – Caterpillar was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $170.44 price target on the stock.
  • 1/26/2018 – Caterpillar had its “hold” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $188.00 price target on the stock.
  • 1/26/2018 – Caterpillar had its price target raised by analysts at UBS Group AG from $180.00 to $190.00. They now have a “buy” rating on the stock.
  • 1/26/2018 – Caterpillar had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $170.00 price target on the stock.
  • 1/26/2018 – Caterpillar had its price target raised by analysts at Bank of America Corp from $189.00 to $192.00. They now have a “buy” rating on the stock.
  • 1/26/2018 – Caterpillar had its “outperform” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $169.37 price target on the stock, down previously from $210.00.
  • 1/24/2018 – Caterpillar was given a new $180.00 price target on by analysts at Barclays PLC. They now have an “overweight” rating on the stock.
  • 1/23/2018 – Caterpillar was upgraded by analysts at Seaport Global Securities from a “neutral” rating to a “buy” rating. They now have a $195.00 price target on the stock, up previously from $170.90.
  • 1/22/2018 – Caterpillar was upgraded by analysts at Vetr from a “sell” rating to a “hold” rating. They now have a $164.34 price target on the stock.
  • 1/19/2018 – Caterpillar had its “neutral” rating reaffirmed by analysts at Citigroup Inc. They now have a $185.00 price target on the stock, up previously from $160.00.
  • 1/19/2018 – Caterpillar had its price target raised by analysts at Credit Suisse Group AG from $155.00 to $192.00. They now have an “outperform” rating on the stock.
  • 1/18/2018 – Caterpillar had its price target raised by analysts at Wells Fargo & Co from $160.00 to $200.00. They now have an “outperform” rating on the stock.
  • 1/18/2018 – Caterpillar is now covered by analysts at Berenberg Bank. They set a “buy” rating and a $200.00 price target on the stock.
  • 1/15/2018 – Caterpillar was upgraded by analysts at Vetr from a “strong sell” rating to a “sell” rating. They now have a $151.72 price target on the stock.
  • 1/12/2018 – Caterpillar had its “buy” rating reaffirmed by analysts at Bank of America Corp. They now have a $189.00 price target on the stock, up previously from $158.00.
  • 1/8/2018 – Caterpillar was upgraded by analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating. They now have a $200.00 price target on the stock, up previously from $161.96.
  • 1/5/2018 – Caterpillar was given a new $180.00 price target on by analysts at UBS Group AG. They now have a “buy” rating on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 1/4/2018 – Caterpillar was downgraded by analysts at Vetr from a “sell” rating to a “strong sell” rating. They now have a $141.37 price target on the stock.
  • 1/4/2018 – Caterpillar had its “buy” rating reaffirmed by analysts at BMO Capital Markets. They now have a $195.00 price target on the stock, up previously from $165.00.
  • 12/31/2017 – Caterpillar was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 12/28/2017 – Caterpillar was upgraded by analysts at Vetr from a “strong sell” rating to a “sell” rating. They now have a $141.73 price target on the stock.
  • 12/27/2017 – Caterpillar was downgraded by analysts at Vetr from a “sell” rating to a “strong sell” rating. They now have a $139.26 price target on the stock.
  • 12/21/2017 – Caterpillar had its price target raised by analysts at Citigroup Inc from $145.00 to $160.00. They now have a “neutral” rating on the stock.
  • 12/18/2017 – Caterpillar was downgraded by analysts at OTR Global to a “positive” rating.

Shares of Caterpillar Inc. (NYSE:CAT) opened at $152.29 on Tuesday. Caterpillar Inc. has a twelve month low of $90.34 and a twelve month high of $173.24. The company has a current ratio of 1.35, a quick ratio of 0.97 and a debt-to-equity ratio of 1.73. The company has a market capitalization of $90,600.00, a price-to-earnings ratio of 120.87, a PEG ratio of 1.60 and a beta of 1.22.

Caterpillar (NYSE:CAT) last issued its quarterly earnings data on Thursday, January 25th. The industrial products company reported $2.16 EPS for the quarter, beating the consensus estimate of $1.77 by $0.39. Caterpillar had a return on equity of 28.69% and a net margin of 1.66%. The firm had revenue of $12.90 billion during the quarter, compared to analyst estimates of $12.01 billion. During the same quarter in the prior year, the business posted $0.83 EPS. The business’s revenue for the quarter was up 34.7% compared to the same quarter last year. sell-side analysts expect that Caterpillar Inc. will post 9.05 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 20th. Stockholders of record on Monday, January 22nd will be issued a dividend of $0.78 per share. The ex-dividend date of this dividend is Friday, January 19th. This represents a $3.12 annualized dividend and a dividend yield of 2.05%. Caterpillar’s dividend payout ratio is presently 247.62%.

In related news, insider Thomas A. Pellette sold 24,547 shares of the company’s stock in a transaction on Friday, November 17th. The stock was sold at an average price of $135.69, for a total value of $3,330,782.43. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, General Counsel Suzette M. Long sold 528 shares of the company’s stock in a transaction on Tuesday, January 30th. The shares were sold at an average price of $160.46, for a total value of $84,722.88. Following the completion of the transaction, the general counsel now directly owns 19,646 shares in the company, valued at $3,152,397.16. The disclosure for this sale can be found here. In the last quarter, insiders have sold 143,331 shares of company stock valued at $22,107,578. Company insiders own 0.14% of the company’s stock.

Caterpillar Inc is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The Company operates through segments, including Construction Industries, which is engaged in supporting customers using machinery in infrastructure, forestry and building construction; Resource Industries, which is engaged in supporting customers using machinery in mining, quarry, waste and material handling applications; Energy & Transportation, which supports customers in oil and gas, power generation, marine, rail and industrial applications, including Cat machines; Financial Products segment, which provides financing and related services, and All Other operating segments, which includes activities, such as product management and development, and manufacturing of filters and fluids, undercarriage, tires and rims, ground engaging tools, fluid transfer products, and sealing and connecting components for Cat products.

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