The heavy machinery company has a bright future, but is it a good value right now?Caterpillar (CAT -1.50%) stock is down almost 14% from its all-time high, presenting a potential entry point for long-term investors. The question remains: Is now the right time to seize this opportunity? Here's what you need to know before considering a position.The long-term case for investing in CaterpillarAlthough it may be seen as an old-economy stock, Caterpillar might surprise many investors due to its exposure to a cou ...

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Caterpillar might be a cyclical stock but has almost been a four-bagger in just five years.Caterpillar (CAT -0.72%) is an economic bellwether, given its leadership in heavy machinery for key sectors like construction, mining, and energy. It's a cyclical stock, but you might be surprised by the kind of money its patient investors have made. Caterpillar stock has crushed the Dow Jones Industrial Average over time, whether you look back three, five, or 10 years.The Dow Jones is an iconic index that's considere ...

Caterpillar’s (CAT) board of directors has approved an 8% hike in the quarterly dividend, raising the payout to $1.41 per share from $1.30, to boost shareholder value. This reflects a dividend yield of 1.72%, outpacing the industry’s average of 1.59% and the S&P 500’s 1.37%, based on the stock’s closing price of $243.32 on Jun 12, 2024. CAT has also added $20 billion to its existing share repurchase authorization, which was launched in 2022 with no expiration date. This entitles Caterpillar to repurchase up ...

The latest trading session saw Caterpillar (CAT) ending at $328.73, denoting a +0.43% adjustment from its last day's close. This change lagged the S&P 500's 0.85% gain on the day. At the same time, the Dow lost 0.09%, and the tech-heavy Nasdaq gained 1.53%.Heading into today, shares of the construction equipment company had lost 8.62% over the past month, lagging the Industrial Products sector's loss of 5.33% and the S&P 500's gain of 3.11% in that time.The investment community will be paying close attentio ...

Key TakeawaysCaterpillar said Wednesday it expanded its share repurchase plan and raised its quarterly dividend.The maker of construction and mining equipment added $20 billion to its current stock buyback plan, and lifted its dividend over 8% to $1.41.The company said it plans to return most of its free cash flow from its main business to shareholders. Caterpillar (CAT) said Wednesday that it expanded its stock buyback plan and raised its dividend.  The manufacturer of construction and mining equipment ann ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

narawon/E+ via Getty Images Investment Thesis Caterpillar Inc. (NYSE:CAT) has beat consensus EPS forecasts in 15 of the last 16 quarters. We detail below the fundamental and macro drivers for why we expect that trend to continue, and why, we believe, it will drive a re-rating in the shares. We see a potential upside of as much as ~45%. We recommend a Buy on CAT stock. What does Caterpillar do? Founded in 1925, Caterpillar sells bulldozers, excavators, etc. to the construction and infrastructure markets, sel ...

IRVING, Texas, June 12, 2024 /PRNewswire/ -- The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted today to raise the quarterly dividend by eleven cents, an 8% increase, to one dollar and forty-one cents ($1.41) per share of common stock, payable August 20, 2024, to shareholders of record at the close of business on July 22, 2024. The Board of Directors also added $20 billion to its current share repurchase authorization, which was launched in 2022 with no expiration date. With the new authorization, ...

Donation to help close skills gap, address workforce shortage within equipment distribution industry IRVING, Texas, June 11, 2024 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) today announced a $500,000 donation to the Associated Equipment Distributors Foundation (AEDF) in support of AEDF's Vision 2025 Campaign. The campaign is designed to address the technician shortage within the equipment distribution industry. It is also focused on strengthening the industry's future by improving programs offered to stud ...