Investors need to pay close attention to Caterpillar (CAT) stock based on the movements in the options market lately.
In the closing of the recent trading day, Caterpillar (CAT) stood at $388.87, denoting a +0.12% change from the preceding trading day.
@Theotrade's Don Kaufman talks about uncertainty in today's Big 3. In the case of Caterpillar (CAT) and Citigroup (C), he leans bearish.
Zacks.com users have recently been watching Caterpillar (CAT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Caterpillar (CAT 1.60%) stock inched up 1.8% through 11:35 a.m. ET Monday after investment bank JPMorgan Chase raised its price target on the stock 3%, to $515 per share.
Jefferies analyst Stephen Volkmann raised his Caterpillar price target by $20 to $475 a share and named it a “top pick” for 2025.
Per Caterpillar's CAT SEC filing on Monday, Anthony D. Fassino, the group president of its Construction Industries segment, sold 6,279 shares at an average price of $408.59 per share (total of around $2.57 million) on Nov. 29.
Caterpillar designs, manufactures, and sells machinery globally, with a market cap near $200B and a historical annual return of nearly 15%. The Company is a Dividend Champion and Aristocrat, having increased its dividend for 31 years, with a recent 8.5% hike and a declining payout ratio. Valuation suggests CAT is trading for an approximate 15% premium to fair value and will need to pull back some before I consider adding it to my portfolio.
Caterpillar (CAT) reported earnings 30 days ago. What's next for the stock?
Zacks.com users have recently been watching Caterpillar (CAT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Caterpillar's resilience against cyclical headwinds is impressive, driven by innovation, a strong balance sheet, and a commitment to shareholder value. Despite short-term revenue declines, Caterpillar's focus on AI, connected assets, and digital tools positions it for long-term growth. Strong dividend growth and aggressive buybacks enhance shareholder value, with a 31-year streak of dividend hikes and a healthy payout ratio.
Walmart (WMT) and Caterpillar (CAT) are trading near their all-time highs, but @Theotrade's Don Kaufman is bearish on both. However, a "drill, baby, drill" attitude of the incoming Trump administration has him bullish on Chevron (CVX).