Caterpillar Inc. Plans Quarterly Dividend of $0.77 (CAT)

Caterpillar (CAT) Spikes Over Earnings Beat, Wait for Further Rally

Caterpillar (CAT) Spikes Over Earnings Beat, Wait for Further Rally

Credit Suisse Group AG restated an "outperform" rating and issued a $111.00 target price (up previously from $101.00) on shares of Caterpillar in a research note on Thursday, January 19th. Patten Group Inc. now owns 1,148 shares of the company's stock valued at $100,000 after buying an additional 5 shares during the period.

4/4/2017-Goldman Sachs Group Inc Upgrade from a "Buy " rating to a " Conviction-Buy" rating.

The stock now has its Annual Dividend of $3.08 and an annual Dividend Yield of 3.34 Percent.

Caterpillar (NYSE:CAT) traded up 0.11% on Friday, reaching $102.79.

Hurt In Atlantic Ship Explosion Flown To Azores
The ship is equipped with latest navigational and communication equipment and has a 12.7 mm heavy machine gun as main armament. Now the New York Air National Guard at the ship to help it as it continues on to Portugal.

In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road. (NYSE:CAT) has a large market cap size. For more dividend growth stocks view our Dividend Aristocrats List on Dividend Channel. Financial Architects Inc now owns 1,215 shares of the industrial products company's stock worth $113,000 after buying an additional 65 shares during the last quarter. Evercore ISI upgraded Caterpillar from a "hold" rating to a "buy" rating in a research note on Friday, February 10th. Also, insider Lange Bob De acquired 1,000 shares of the company's stock in a transaction dated Tuesday, February 21st. Institutional investors and hedge funds own 70.97% of the company's stock. The business had revenue of $9.82 billion for the quarter, compared to the consensus estimate of $9.27 billion. The company has dropped -77.29% in past 3 months and in the last five trades has moved down -8.85%.

In related news, Director Daniel M. Dickinson sold 3,884 shares of Caterpillar stock in a transaction on Tuesday, February 14th. Company insiders own 0.15% of the company's stock. American Vanguard Corporation (NYSE:AVD) most recently reported a quarterly earnings per share actual number that landed $0 away from what polled analysts were projecting. Currently, the Zacks Research consensus price target stands at $17.9. Caterpillar Inc. has recorded a 50-day average of $94.27 and a two hundred day average of $93.19. The company's market capitalization is $60.22 billion. Caterpillar Inc. has a 12-month low of $69.04 and a 12-month high of $105.98. Patten Group Inc. boosted its stake in Caterpillar by 0.4% in the third quarter. Analysts have a mean recommendation of 2.70 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).

Caterpillar (NYSE:CAT) last issued its earnings results on Tuesday, April 25th.

Caterpillar Inc. (CAT) is now showing its ROA (Return on Assets) of -0.1%. The firm's quarterly revenue was up 3.8% on a year-over-year basis. The shares were bought at an average cost of $99.32 per share, with a total value of $99,320.00. Following the completion of the transaction, the insider now directly owns 10,230 shares in the company, valued at approximately $1,016,043.60. The ex-dividend date of this dividend was Wednesday, January 18th. CAT has P/E (Price to Earnings ttm) value of 0, Forward P/E of 20.87, P/C (Price to cash per share) of 7.54 and Price to Free Cash Flow (P/FCF) value of 61.35. Caterpillar's payout ratio is -2,369.23%. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. American International Group Inc. now owns 5,921,577 shares of the industrial products company's stock valued at $525,658,000 after buying an additional 274,898 shares during the last quarter.

Recommended News

  • Apple is working on a debit card and Venmo competitor

    Apple is working on a debit card and Venmo competitor

    Regardless of the debate, it appears that Apple serious about launching a Venmo competitor sometime in the next few years. Apple Pay, while available in many places, hasn't caught on as a payment option as much as Apple would like it to.

    Arsenal 3/5 to win against Leicester City in Wednesday's Premier League battle

    While happy to discuss Sanchez's future, Wenger once again shrugged off questions about his own. But Wenger remained tight-lipped on whether he plans to stay when quizzed on Tuesday morning.
    Facebook CEO sees augmented reality's future in the camera

    Facebook CEO sees augmented reality's future in the camera

    A pair of free tools, known as AR Studio and Frame Studio, will be provided to developers looking to support the platform. Facebook Spaces also gives you the ability to add more people to your VR space by simply calling them up on messenger .
  • Are VW looking to sell Ducati?

    Are VW looking to sell Ducati?

    One source noted that floating Ducati on the stock market may be considered if VW doesn't receive appropriate interest. Harley Davidson, Suzuki, Honda and Kawasaki could also be interested.
    Felix Hernandez, Mitch Haniger go on DL for Mariners

    Felix Hernandez, Mitch Haniger go on DL for Mariners

    He hadn't played since April 10 because of a right hamstring strain. "My guess is it will be 10 days", manager Brad Ausmus said. Reliever Chris Heston allowed a two-run homer by Upton in the fourth, then Avila followed with a solo shot to make it 7-2.
    Wife's Fitbit logs steps after husband says she died

    Wife's Fitbit logs steps after husband says she died

    And police discovered that the.357 Magnum gun used to shoot Mrs Dabate had been bought by her husband only a few months earlier. She clocked 1,217 feet (370m) at home between 9.18am and 10.05am, far more distance than Dabate's account would suggest.
  • Murray loses to Thiem in Barcelona Open semifinals

    Just as in Friday's grueling quarter-final with Albert Ramos-Vinolas, Murray got off to a bad start. Nadal's only scare was in the fourth game of the second set when he survived two break points.

    Researchers Create Artificial Womb

    These findings shine a ray of hope for the 30,000 or so critically preterm babies that get born yearly in the United States. Emily Partridge, from the Children's Hospital of Philadelphia and co-author, according to the Boston Globe .

    Bruins defenseman Colin Miller expected to play in Game 4

    Of those six goals and 13 points, three goals and five points came in 22 games following the switch from Claude Julien to Cassidy. There is no question the Senators got off to the kind of start by outshooting the Bruins 10-3 and takig a 2-0 lead in the first .
  • American Airlines tops 1Q profit views; unveils pay boost

    American Airlines tops 1Q profit views; unveils pay boost

    The increases must be approved by members of the Allied Pilots Association and the Association of Professional Flight Attendants. Wall Street analysts, however, were not impressed with American's pay raises to employees. "We look forward to that continuing".
    BlackBerry KEYone QWERTY Android Smartphone Will Go on Sale on May 31

    BlackBerry KEYone QWERTY Android Smartphone Will Go on Sale on May 31

    KEYone runs Android 7.1 Nougat out of the box and also comes with BlackBerry's own suite of security applications. In the U.S., TCL will sell unlocked GSM and CDMA versions that can be used with U.S. carriers.

    Donald Trump asked astronauts in space a question only he can answer

    The 18-minute livestream was watched by " hundreds of thousands of students " across the country, Trump said. Russian astronaut Gennady Padalka holds the world record for most time spent in space, with 879 days.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.