Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

Caterpillar Inc. (NYSE:CAT - Get Rating) declared a quarterly dividend on Wednesday, June 8th, RTT News reports. Stockholders of record on Wednesday, July 20th will be given a dividend of 1.20 per share by the industrial products company on Friday, August 19th. This represents a $4.80 annualized dividend and a dividend yield of 2.77%. The ex-dividend date of this dividend is Tuesday, July 19th. This is a boost from Caterpillar's previous quarterly dividend of $1.11.

Caterpillar has increased its dividend by an average of 9.1% annually over the last three years and has raised its dividend annually for the last 29 consecutive years. Caterpillar has a payout ratio of 33.2% meaning its dividend is sufficiently covered by earnings. Research analysts expect Caterpillar to earn $14.62 per share next year, which means the company should continue to be able to cover its $4.80 annual dividend with an expected future payout ratio of 32.8%. Caterpillar Stock Up 2.0 %

NYSE CAT opened at $173.38 on Monday. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.44 and a quick ratio of 0.93. The stock has a market capitalization of $92.47 billion, a PE ratio of 14.53, a PEG ratio of 1.14 and a beta of 1.00. Caterpillar has a 1 year low of $167.08 and a 1 year high of $237.90. The business's 50-day moving average is $198.61 and its 200 day moving average is $207.63.

Caterpillar (NYSE:CAT - Get Rating) last posted its quarterly earnings data on Thursday, April 28th. The industrial products company reported $2.88 earnings per share for the quarter, beating the consensus estimate of $2.66 by $0.22. The business had revenue of $13.60 billion for the quarter, compared to analysts' expectations of $13.49 billion. Caterpillar had a return on equity of 35.10% and a net margin of 12.33%. The business's revenue was up 14.4% on a year-over-year basis. During the same period in the previous year, the firm posted $2.87 EPS. Sell-side analysts forecast that Caterpillar will post 12.62 earnings per share for the current year. Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on CAT shares. Tigress Financial boosted their price objective on shares of Caterpillar from $278.00 to $282.00 and gave the stock a "buy" rating in a report on Friday, May 20th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Caterpillar from $240.00 to $227.00 and set a "buy" rating for the company in a research report on Wednesday, July 13th. Citigroup cut their price objective on shares of Caterpillar from $225.00 to $190.00 in a research report on Thursday, July 7th. Morgan Stanley dropped their target price on shares of Caterpillar from $164.00 to $161.00 and set an "underweight" rating for the company in a report on Thursday, June 23rd. Finally, Cowen dropped their price objective on shares of Caterpillar from $255.00 to $225.00 and set an "outperform" rating for the company in a report on Thursday, July 7th. One analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, Caterpillar has an average rating of "Moderate Buy" and a consensus price target of $234.20.Insider Buying and Selling at Caterpillar

In other Caterpillar news, General Counsel Suzette M. Long sold 3,816 shares of the firm's stock in a transaction that occurred on Wednesday, April 20th. The shares were sold at an average price of $235.00, for a total value of $896,760.00. Following the completion of the sale, the general counsel now directly owns 10,549 shares in the company, valued at $2,479,015. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Caterpillar news, General Counsel Suzette M. Long sold 3,816 shares of the firm's stock in a transaction on Wednesday, April 20th. The shares were sold at an average price of $235.00, for a total value of $896,760.00. Following the completion of the transaction, the general counsel now owns 10,549 shares of the company's stock, valued at $2,479,015. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director David Maclennan bought 600 shares of Caterpillar stock in a transaction that occurred on Thursday, May 5th. The shares were acquired at an average cost of $219.82 per share, with a total value of $131,892.00. Following the acquisition, the director now owns 2,480 shares of the company's stock, valued at $545,153.60. The disclosure for this purchase can be found here. Insiders sold a total of 11,577 shares of company stock worth $2,663,056 over the last three months. Corporate insiders own 0.27% of the company's stock. Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. BCK Partners Inc. acquired a new stake in shares of Caterpillar in the first quarter valued at about $2,580,000. Sei Investments Co. boosted its position in Caterpillar by 17.3% during the first quarter. Sei Investments Co. now owns 65,643 shares of the industrial products company's stock worth $14,634,000 after acquiring an additional 9,695 shares during the last quarter. Dakota Wealth Management acquired a new position in Caterpillar during the first quarter worth about $405,000. Mather Group LLC. raised its stake in Caterpillar by 6.8% during the first quarter. Mather Group LLC. now owns 2,592 shares of the industrial products company's stock worth $577,000 after purchasing an additional 165 shares during the period. Finally, NewEdge Advisors LLC raised its stake in shares of Caterpillar by 4.4% in the 1st quarter. NewEdge Advisors LLC now owns 49,705 shares of the industrial products company's stock valued at $11,075,000 after acquiring an additional 2,076 shares during the period. Hedge funds and other institutional investors own 67.44% of the company's stock. Caterpillar Company Profile (Get Rating)

Caterpillar Inc manufactures and sells construction and mining equipment, diesel and natural gas engines, and industrial gas turbines worldwide. Its Construction Industries segment offers asphalt pavers, backhoe loaders, compactors, cold planers, compact track and multi-terrain loaders, excavators, motorgraders, pipelayers, road reclaimers, site prep tractors, skid steer loaders, telehandlers, and utility vehicles; mini, small, medium, and large excavators; compact, small, and medium wheel loaders; track-type tractors and loaders; and wheel excavators.Recommended StoriesGet a free copy of the StockNews.com research report on Caterpillar (CAT)Does Whirlpool's (NYSE: WHR) Russian Exit Give Investors An Attractive Entry?Abbott Labs Stock Can Be a Recession Hedge for Your PortfolioCostco Stock is Springing Back to Life Shopify Stock May be a Bargain at These LevelsThese Stocks Will Benefit From A Stronger Dollar

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Before you consider Caterpillar, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Caterpillar wasn't on the list.

While Caterpillar currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

Complete the form below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter:

In this episode, Kate chats with regular guest Rob Isbitts, who, as always, debunks some traditional investing ideas, such as “buy the dip” and only going long while the market is in rally mode.

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

Twitter Facebook StockTwits Financial Juice YouTube

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved. 326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at contact@marketbeat.com | (844) 978-6257 MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.