Caterpillar (CAT) Soars 9.9%: Is Further Upside Left in the Stock?

Group 1: Stock Performance - Caterpillar (CAT) shares increased by 9.9% to close at $301.01, following a notable trading volume compared to typical sessions, despite a 19.4% loss over the past four weeks [1] - The stock's recent boost was influenced by U.S. President Trump's announcement of a 90-day pause on certain tariffs for most countries, excluding China [2] Group 2: Dividend Information - Caterpillar announced it will maintain its quarterly dividend payout at $1.41 per share, scheduled for payment on May 20, 2025, to shareholders of record as of April 21, 2025 [2] - The company has a long history of dividend payments, issuing cash dividends annually since its inception and quarterly dividends since 1933, with 31 consecutive years of higher annual dividends [3] Group 3: Earnings Expectations - Caterpillar is expected to report quarterly earnings of $4.32 per share, reflecting a year-over-year decline of 22.9%, with revenues projected at $14.61 billion, down 7.5% from the previous year [4] - The consensus EPS estimate for the quarter has been revised marginally lower over the last 30 days, indicating a negative trend in earnings estimate revisions, which typically does not lead to price appreciation [5] Group 4: Industry Context - Caterpillar belongs to the Zacks Manufacturing - Construction and Mining industry, where another company, Hyster-Yale (HY), saw an 8.1% increase in its stock price, closing at $39.19, despite a 20.3% decline over the past month [5] - Hyster-Yale's consensus EPS estimate for the upcoming report remains unchanged at $0.47, representing an 84% decline compared to the previous year [6]