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

Caterpillar (NYSE:CAT - Get Rating) is set to announce its earnings results before the market opens on Tuesday, August 2nd. Analysts expect the company to announce earnings of $3.01 per share for the quarter. Investors that wish to register for the company's conference call can do so using this link.

Caterpillar (NYSE:CAT - Get Rating) last announced its earnings results on Thursday, April 28th. The industrial products company reported $2.88 EPS for the quarter, topping the consensus estimate of $2.66 by $0.22. Caterpillar had a net margin of 12.33% and a return on equity of 35.10%. The business had revenue of $13.60 billion during the quarter, compared to analysts' expectations of $13.49 billion. During the same quarter in the prior year, the company posted $2.87 earnings per share. The firm's revenue was up 14.4% on a year-over-year basis. On average, analysts expect Caterpillar to post $13 EPS for the current fiscal year and $15 EPS for the next fiscal year. Caterpillar Stock Performance

Shares of CAT opened at $181.81 on Tuesday. The company has a current ratio of 1.44, a quick ratio of 0.93 and a debt-to-equity ratio of 1.48. The firm has a fifty day simple moving average of $195.52 and a 200 day simple moving average of $206.06. Caterpillar has a 12 month low of $167.08 and a 12 month high of $237.90. The stock has a market capitalization of $96.97 billion, a price-to-earnings ratio of 15.24, a PEG ratio of 1.18 and a beta of 1.00. Caterpillar Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 19th. Shareholders of record on Wednesday, July 20th will be given a dividend of $1.20 per share. This is a positive change from Caterpillar's previous quarterly dividend of $1.11. This represents a $4.80 annualized dividend and a yield of 2.64%. The ex-dividend date of this dividend is Tuesday, July 19th. Caterpillar's dividend payout ratio is 40.23%. Insider Activity at Caterpillar

In other Caterpillar news, insider Joseph E. Creed sold 2,757 shares of Caterpillar stock in a transaction on Wednesday, May 18th. The shares were sold at an average price of $214.13, for a total transaction of $590,356.41. The transaction was disclosed in a filing with the SEC, which is available through this link. In related news, insider Joseph E. Creed sold 2,757 shares of the business's stock in a transaction dated Wednesday, May 18th. The shares were sold at an average price of $214.13, for a total value of $590,356.41. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director David Maclennan acquired 600 shares of the stock in a transaction that occurred on Thursday, May 5th. The stock was purchased at an average price of $219.82 per share, for a total transaction of $131,892.00. Following the completion of the purchase, the director now directly owns 2,480 shares in the company, valued at approximately $545,153.60. The disclosure for this purchase can be found here. 0.27% of the stock is currently owned by insiders. Institutional Investors Weigh In On Caterpillar

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CAT. Worth Asset Management LLC bought a new stake in shares of Caterpillar during the first quarter valued at about $68,000. Carolinas Wealth Consulting LLC increased its position in shares of Caterpillar by 15.2% during the first quarter. Carolinas Wealth Consulting LLC now owns 660 shares of the industrial products company's stock valued at $147,000 after buying an additional 87 shares during the period. Quantamental Technologies LLC bought a new stake in shares of Caterpillar during the first quarter valued at about $227,000. Certified Advisory Corp purchased a new position in shares of Caterpillar during the first quarter worth about $235,000. Finally, KC Investment Advisors LLC purchased a new position in shares of Caterpillar during the first quarter worth about $238,000. 67.44% of the stock is currently owned by institutional investors. Analyst Ratings Changes

Several brokerages have recently weighed in on CAT. StockNews.com raised shares of Caterpillar from a "hold" rating to a "buy" rating in a research report on Wednesday, July 20th. Cowen lowered their price target on shares of Caterpillar from $255.00 to $225.00 and set an "outperform" rating on the stock in a research report on Thursday, July 7th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Caterpillar from $240.00 to $227.00 and set a "buy" rating on the stock in a research report on Wednesday, July 13th. Cowen lowered their price target on shares of Caterpillar from $255.00 to $225.00 and set an "outperform" rating on the stock in a research report on Thursday, July 7th. Finally, Credit Suisse Group set a $226.00 price objective on shares of Caterpillar in a research note on Tuesday, July 19th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat, Caterpillar presently has a consensus rating of "Moderate Buy" and a consensus target price of $231.00.About Caterpillar (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.Further ReadingGet a free copy of the StockNews.com research report on Caterpillar (CAT)MarketBeat Podcast Bear Market Tips For Active TradersTaking a Look at Nvidia's Stock Amidst The Semiconductor Chip GutPalantir Stock is Showing Signs of Life The Institutions Like The Color Of PPG Industries What Investors Need to Know to Beat the Market

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:

Today Kate chats with Clark Kendall, CEO of Kendall Capital. Clark offers some practical steps to allocate your money, as well as invest for tax advantages.

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 | 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 | Privacy Policy | 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 Barchart's disclaimer.