Q1 EPS Estimates for Caterpillar Lowered by Zacks Research

Caterpillar Inc. (NYSE:CAT) – Stock analysts at Zacks Research reduced their Q1 2026 earnings estimates for Caterpillar in a research report issued on Thursday, April 2nd. Zacks Research analyst Team now forecasts that the industrial products company will post earnings per share of $4.41 for the quarter, down from their previous forecast of $4.46. The consensus estimate for Caterpillar’s current full-year earnings is $19.86 per share. Zacks Research also issued estimates for Caterpillar’s Q2 2027 earnings at $6.13 EPS.

CAT has been the subject of several other reports. Oppenheimer raised their price objective on shares of Caterpillar from $729.00 to $817.00 and gave the stock an “outperform” rating in a report on Friday, March 6th. Rothschild & Co Redburn raised their price objective on shares of Caterpillar from $650.00 to $700.00 and gave the stock a “neutral” rating in a report on Wednesday, February 4th. Sanford C. Bernstein reiterated a “market perform” rating and set a $678.00 target price on shares of Caterpillar in a report on Friday, January 30th. Wall Street Zen lowered shares of Caterpillar from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. Finally, CICC Research assumed coverage on shares of Caterpillar in a report on Friday, February 6th. They set an “outperform” rating for the company. Sixteen investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Caterpillar has a consensus rating of “Moderate Buy” and a consensus price target of $737.55.

Caterpillar Stock Down 0.2%

CAT traded down $1.52 on Tuesday, hitting $719.72. The company had a trading volume of 631,277 shares, compared to its average volume of 2,790,198. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 0.94. Caterpillar has a 52-week low of $268.27 and a 52-week high of $789.81. The stock has a fifty day simple moving average of $717.23 and a 200-day simple moving average of $616.99. The firm has a market capitalization of $334.88 billion, a P/E ratio of 38.24, a P/E/G ratio of 1.69 and a beta of 1.52.

Caterpillar (NYSE:CAT) last issued its quarterly earnings data on Thursday, January 29th. The industrial products company reported $5.16 EPS for the quarter, topping the consensus estimate of $4.67 by $0.49. Caterpillar had a net margin of 13.14% and a return on equity of 45.76%. The business had revenue of $19.13 billion during the quarter, compared to analyst estimates of $17.81 billion. During the same period last year, the business posted $5.14 earnings per share. Caterpillar’s quarterly revenue was up 17.9% compared to the same quarter last year.

Insider Activity

In other news, insider Rodney Michael Shurman sold 2,278 shares of Caterpillar stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $759.61, for a total transaction of $1,730,391.58. Following the completion of the transaction, the insider directly owned 1,443 shares in the company, valued at approximately $1,096,117.23. This trade represents a 61.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Anthony D. Fassino sold 10,671 shares of Caterpillar stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $680.45, for a total transaction of $7,261,081.95. Following the transaction, the insider owned 41,151 shares of the company’s stock, valued at $28,001,197.95. The trade was a 20.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 125,950 shares of company stock valued at $88,577,390. 0.33% of the stock is currently owned by insiders.

Institutional Trading of Caterpillar

Institutional investors and hedge funds have recently modified their holdings of the business. Torren Management LLC bought a new stake in shares of Caterpillar in the 4th quarter worth $27,000. Frazier Financial Advisors LLC increased its holdings in shares of Caterpillar by 220.0% in the 4th quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 33 shares in the last quarter. IFS Advisors LLC bought a new stake in shares of Caterpillar in the 4th quarter worth $31,000. Cornerstone Financial Management LLC bought a new stake in shares of Caterpillar in the 4th quarter worth $32,000. Finally, Rialto Wealth Management LLC increased its holdings in shares of Caterpillar by 47.4% in the 4th quarter. Rialto Wealth Management LLC now owns 56 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 18 shares in the last quarter. Institutional investors own 70.98% of the company’s stock.

About Caterpillar

Caterpillar Inc is a global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and locomotives. The company’s product portfolio includes earthmoving machines such as excavators, bulldozers, wheel loaders and off‑highway trucks, as well as a range of power generation products including generator sets and power systems for industrial and commercial use. Caterpillar serves customers across heavy construction, mining, energy, transportation and related industries with both equipment and integrated technology solutions.

In addition to manufacturing, Caterpillar provides a broad range of aftermarket parts and support services, including maintenance, repair, remanufacturing and fleet management tools.