Caterpillar (CAT) to Release Quarterly Earnings on Thursday

Caterpillar (NYSE:CAT) will likely be releasing its Q4 2025 results before the market opens on Thursday, January 29th. Analysts expect the company to announce earnings of $4.52 per share and revenue of $17.8093 billion for the quarter. Individuals can find conference call details on the company’s upcoming Q4 2025 earning report page for the latest details on the call scheduled for Thursday, January 29, 2026 at 8:30 AM ET.

Caterpillar (NYSE:CAT) last announced its quarterly earnings results on Monday, November 3rd. The industrial products company reported $4.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.52 by $0.43. The company had revenue of $17.64 billion during the quarter, compared to the consensus estimate of $16.72 billion. Caterpillar had a return on equity of 47.16% and a net margin of 14.34%.Caterpillar’s revenue for the quarter was up 9.5% on a year-over-year basis. During the same period in the previous year, the business earned $5.17 EPS. On average, analysts expect Caterpillar to post $20 EPS for the current fiscal year and $22 EPS for the next fiscal year.

Caterpillar Stock Performance

Shares of CAT opened at $639.03 on Wednesday. The company has a quick ratio of 0.86, a current ratio of 1.38 and a debt-to-equity ratio of 1.34. The stock has a 50 day moving average price of $598.01 and a 200 day moving average price of $515.39. The company has a market capitalization of $299.05 billion, a price-to-earnings ratio of 32.80, a price-to-earnings-growth ratio of 2.45 and a beta of 1.57. Caterpillar has a 52-week low of $267.30 and a 52-week high of $655.78.

Caterpillar Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 19th. Shareholders of record on Tuesday, January 20th will be paid a $1.51 dividend. The ex-dividend date is Tuesday, January 20th. This represents a $6.04 dividend on an annualized basis and a yield of 0.9%. Caterpillar’s payout ratio is currently 31.01%.

Insider Buying and Selling at Caterpillar

In other Caterpillar news, insider Lange Bob De sold 14,638 shares of Caterpillar stock in a transaction that occurred on Wednesday, November 5th. The stock was sold at an average price of $562.36, for a total transaction of $8,231,825.68. Following the sale, the insider directly owned 80,209 shares in the company, valued at $45,106,333.24. The trade was a 15.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Andrew R. J. Bonfield sold 10,000 shares of the firm’s stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $575.06, for a total transaction of $5,750,600.00. Following the transaction, the chief financial officer directly owned 45,460 shares of the company’s stock, valued at approximately $26,142,227.60. This represents a 18.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 54,729 shares of company stock valued at $31,084,308. 0.33% of the stock is owned by company insiders.

Institutional Investors Weigh In On Caterpillar

A number of institutional investors have recently made changes to their positions in the company. Strive Asset Management LLC bought a new stake in Caterpillar during the third quarter valued at $66,000. Silicon Valley Capital Partners increased its holdings in shares of Caterpillar by 27.3% during the third quarter. Silicon Valley Capital Partners now owns 191 shares of the industrial products company’s stock valued at $91,000 after purchasing an additional 41 shares during the period. Darwin Wealth Management LLC bought a new stake in shares of Caterpillar during the 2nd quarter worth about $96,000. Triumph Capital Management acquired a new stake in Caterpillar in the third quarter worth approximately $140,000. Finally, Turning Point Benefit Group Inc. bought a new position in Caterpillar during the third quarter valued at about $160,000. 70.98% of the stock is currently owned by institutional investors.

Key Stories Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analyst bullishness and backlog strength — Seeking Alpha initiates CAT with a Buy, highlighting strong Energy & Transportation demand, a big backlog increase and the potential for a double-digit sequential sales lift into Q4. These operational drivers are cited as the reason for CAT’s recent re-rate. Caterpillar Q4 Preview: Backlog, Margins, And The AI Power Trade
• Positive Sentiment: AI/digital upside — Coverage frames Caterpillar as an “overlooked” AI play based on its telematics, fleet optimization and software-driven services, which could support higher-margin recurring revenue over time. That narrative is helping sentiment ahead of results. Caterpillar stock is an ‘overlooked’ AI play. Here’s how.
• Positive Sentiment: Media endorsement — Jim Cramer noted that CAT no longer reliably falls on earnings, signaling growing investor confidence in management’s execution and in the company’s cyclical recovery, which can buoy the stock into the print. Jim Cramer on Caterpillar: “In the Old Days, CAT Usually Went Down on Earnings, That’s Over”
• Neutral Sentiment: Earnings preview coverage — Several outlets (MSN/Yahoo roundups) include CAT in the slate of major earnings this week and summarize what analysts will watch—revenue, margins, guidance and aftermarket demand—without taking a firm directional stance. Apple, Microsoft, Tesla, and Caterpillar set to report earnings this week
• Neutral Sentiment: “What to expect” guides — Preview pieces outline the key models to watch (segment revenue, backlog, pricing, cost pressures) and consensus estimates, setting expectations but not changing the fundamental debate. What to expect from Caterpillar’s (CAT) Q4 earnings
• Negative Sentiment: Analyst caution on profits — Zacks warns that CAT may report its sixth straight quarterly EPS decline due to weaker pricing and rising costs despite higher volumes, a development that could pressure near-term sentiment if management doesn’t show margin recovery or constructive guidance. Caterpillar is Set to Report Q4 Earnings: Buy, Sell or Hold the Stock?
• Neutral Sentiment: Consensus metric focus — A separate Zacks preview lists Wall Street estimates for key metrics (segments, backlog, margins) that investors will use to judge whether the company is stabilizing profits; misses could trigger a pullback, beats could reinforce the rally. Ahead of Caterpillar (CAT) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics

Wall Street Analyst Weigh In

Several analysts recently commented on CAT shares. Citigroup upped their price target on shares of Caterpillar from $690.00 to $710.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. Morgan Stanley raised their target price on Caterpillar from $395.00 to $400.00 and gave the company an “underweight” rating in a report on Friday, January 23rd. Wolfe Research upped their price target on Caterpillar from $470.00 to $670.00 and gave the stock an “outperform” rating in a report on Friday, January 2nd. Raymond James Financial reaffirmed a “market perform” rating on shares of Caterpillar in a report on Wednesday, January 7th. Finally, Hsbc Global Res upgraded Caterpillar from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Caterpillar presently has an average rating of “Moderate Buy” and an average price target of $640.20.

Caterpillar Company Profile

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.