Buy Or Sell Opportunity • Aug 21
Now 22% overvalued Over the last 90 days, the stock has fallen 8.4% to Mex$14,040. The fair value is estimated to be Mex$11,479, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 3.9%. For the next 3 years, revenue is forecast to grow by 9.5% per annum. Earnings are also forecast to grow by 16% per annum over the same time period. Ankündigung • Aug 06
Caterpillar Inc. Provides Earnings Guidance for the Third Quarter 2026 Caterpillar Inc. provided earnings guidance for the third quarter 2026. For the quarter, the company expected strong quarter of sales growth versus the prior year. Reported Earnings • Aug 04
Second quarter 2026 earnings released: EPS: US$7.80 (vs US$4.64 in 2Q 2025) Second quarter 2026 results: EPS: US$7.80 (up from US$4.64 in 2Q 2025). Revenue: US$20.5b (up 24% from 2Q 2025). Net income: US$3.59b (up 65% from 2Q 2025). Profit margin: 18% (up from 13% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Global Machinery industry. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Jul 22
Caterpillar Inc. to Report Q2, 2026 Results on Aug 04, 2026 Caterpillar Inc. announced that they will report Q2, 2026 results at 5:30 AM, Central Daylight on Aug 04, 2026 Upcoming Dividend • Jul 13
Upcoming dividend of US$1.63 per share Eligible shareholders must have bought the stock before 20 July 2026. Payment date: 19 August 2026. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Mexican dividend payers (6.0%). Lower than average of industry peers (11%). Ankündigung • Jul 09
Caterpillar Inc. (NYSE:CAT) acquired Skycatch, Inc. Caterpillar Inc. (NYSE:CAT) acquired Skycatch, Inc. on July 7, 2026.
Caterpillar Inc. (NYSE:CAT) completed the acquisition of Skycatch, Inc. on July 7, 2026. Declared Dividend • Jun 15
First quarter dividend of US$1.63 announced Shareholders will receive a dividend of US$1.63. Ex-date: 20th July 2026 Payment date: 19th August 2026 Dividend yield will be 0.5%, which is lower than the industry average of 3.1%. Payout Ratios Payout ratio: 30%. Cash payout ratio: 35%. Ankündigung • Jun 12
Caterpillar Inc. Increases Quarterly Dividend on Common Stock, Payable on August 19, 2026 On June 10, 2026, Caterpillar Inc. Board of Directors declared a quarterly cash dividend of one dollar and sixty-three cents ($1.63) per share of Company common stock, payable on August 19, 2026 to shareholders of record at the close of business on July 20, 2026. The per share dividend of $1.63 is an increase of twelve cents from the previous quarterly dividend of $1.51 per share. New Risk • Jun 12
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Mexican stocks, typically moving 6.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (6.1% average weekly change). Minor Risks High level of debt (213% net debt to equity). Significant insider selling over the past 3 months (Mex$5.6m sold). Ankündigung • Jun 12
Caterpillar Inc. Appoints Lynn J. Good as Director Caterpillar Inc. at its 2026 Annual Shareholders Meeting held on June 10, 2026, elected Lynn J. Good as director. Recent Insider Transactions • May 17
VP & Chief Accounting Officer recently sold Mex$5.6m worth of stock On the 13th of May, William Schaupp sold around 360 shares on-market at roughly Mex$15,582 per share. This transaction amounted to 40% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$32m. Insiders have been net sellers, collectively disposing of Mex$768m more than they bought in the last 12 months. Recent Insider Transactions • May 07
Independent Director recently bought Mex$3.8m worth of stock On the 4th of May, David MacLennan bought around 250 shares on-market at roughly Mex$15,328 per share. This transaction amounted to 3.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold Mex$762m more in shares than they bought in the last 12 months. Ankündigung • May 04
Caterpillar Inc., Annual General Meeting, Jun 10, 2026 Caterpillar Inc., Annual General Meeting, Jun 10, 2026. Reported Earnings • May 02
First quarter 2026 earnings released: EPS: US$5.50 (vs US$4.22 in 1Q 2025) First quarter 2026 results: EPS: US$5.50 (up from US$4.22 in 1Q 2025). Revenue: US$17.4b (up 22% from 1Q 2025). Net income: US$2.55b (up 27% from 1Q 2025). Profit margin: 15% (in line with 1Q 2025). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Global Machinery industry. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Apr 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Mexican stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (159% net debt to equity). Share price has been volatile over the past 3 months (5.6% average weekly change). Significant insider selling over the past 3 months (Mex$90m sold). Declared Dividend • Apr 10
Fourth quarter dividend of US$1.51 announced Shareholders will receive a dividend of US$1.51. Ex-date: 20th April 2026 Payment date: 19th May 2026 Dividend yield will be 0.6%, which is lower than the industry average of 3.1%. Payout Ratios Payout ratio: 31%. Cash payout ratio: 38%. Ankündigung • Apr 10
Caterpillar Inc. Announces Chief Financial Officer Changes Caterpillar Inc. announced that Chief Financial Officer (CFO) Andrew Bonfield has elected to retire effective October 1, 2026, following eight years with the company. Caterpillar veteran Kyle Epley has been appointed CFO, effective May 1, 2026, at which time Bonfield will assume an advisory role for the remainder of the transition. Bonfield’s planned retirement follows a period of record financial performance and transformation for the company. During Bonfield's tenure, Caterpillar strengthened its robust operating and execution model and delivered consistently strong returns for shareholders, including the high full-year sales and revenues in Caterpillar's history and a single-quarter record of $19.1 billion for the fourth quarter of 2025. As part of a seamless transition, Bonfield will serve in an advisory role through October 1, 2026. Epley brings nearly three decades of Caterpillar experience to the role. Currently serving as senior vice president of Global Finance Services, he leads a global team managing enterprise-wide finance operations, strategy, planning, treasury, pricing, real estate and facilities. Throughout his career, Epley has held several senior finance leadership roles across the company, including division CFO and corporate controller, giving him extensive operational and financial insight across Caterpillar's diverse businesses. Ankündigung • Apr 08
Caterpillar Inc. Maintains Quarterly Dividend on Common Stock, Payable on May 19, 2026 The board of directors of Caterpillar Inc. voted to maintain the quarterly dividend of $1.51 per share of common stock, payable on May 19, 2026, to shareholders of record at the close of business April 20, 2026. Recent Insider Transactions • Mar 09
CEO & Director recently sold Mex$32m worth of stock On the 5th of March, Joseph Creed sold around 3k shares on-market at roughly Mex$12,757 per share. This transaction amounted to 5.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$104m. This was Joseph's only on-market trade for the last 12 months. Ankündigung • Mar 03
Caterpillar Transforms the Construction Worksite with Advanced Technology, Services and Solutions At Conexpo-Con/Agg 2026 Caterpillar Inc. will showcase how it is helping customers solve their toughest challenges through advanced technology, service solutions and new products that improve productivity, enhance safety and address labor shortages. Construction Industries Group President Rod Shurman, Chief Technology Officer Jaime Mineart and Chief Digital Officer Ogi Redzic will spotlight how Caterpillar is tackling the industry's toughest challenges head-on, pushing boundaries and shaping the future of construction. Caterpillar will transform 70,000 square feet of CONEXPO's Festival Grounds into an outdoor Operator Stadium, where customers can see some of the world's best operators put the latest technologies to the test in real-world jobsite scenarios. The stadium will also offer hands-on experiences with technology, service and Cat Rentals. Demonstrations run daily at 9:30 a.m., 12:00 p.m. and 2:30 p.m. West Hall: Fast, Convenient Support for Small Contractors and Growing Customers: Deuting at CONEXPO, Cat Compact is a streamlined customer experience built for small contractors and growing businesses who value simplicity and speed. By blending digital discovery and online research with the trusted, in-person expertise of Cat dealers, Cat Compact reduces complexity at every step. Designed to support reliable, around-the-clock jobsite performance, the power solutions on display include new high-horsepower C3.6 and C13D engines. Engines and aftermarket offerings, such as condition monitoring, connectivity tools, and parts options, help customers protect uptime and get more from their equipment. Building on momentum from CES 2026, Caterpillar will showcase how Cat®? AI Assistant™? helps customers interact more easily with Cat equipment and digital tools. By reducing complexity and delivering timely answers and recommendations, Cat AI Assistant helps teams make faster, smarter decisions from the office to the jobsite. Caterpillar will also highlight its collaboration with Geotab Inc., which integrates on-highway data into VisionLink™?, enabling customers to manage their entire fleet through one platform. Attendees at Operator Stadium can watch Caterpillar's first autonomous soil compactor -- the Cat®? CS12 -- in action, in addition to Collision Mitigation, the newest solution in the Cat Detect portfolio. Live demonstrations from across the United States will showcase the latest advancements in remote operation and construction autonomy. Enhanced Customer Programs and Rental Solutions: Construction Industries Group President Rod ShURman, Chief Technology OfficerJa Mineart and Chief Digital OfficerOgi Redzic will spotlight where Caterpillar is enhancing its rewards, financing and service programs through Cat Rewards, the Cat Commercial Account and an upgraded Services Commitment that offers next-day parts, two-day repairs and Cat Credits when commitments aren't met. A refreshed Services Commitment that provides next-day parts and Cat Credits when commitment aren't met. A refreshed service commitment to the construction program is designed to support customers with AI and autonomy. Recent Insider Transactions • Feb 15
Insider recently sold Mex$23m worth of stock On the 12th of February, Jason Kaiser sold around 2k shares on-market at roughly Mex$13,406 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$104m. Insiders have been net sellers, collectively disposing of Mex$712m more than they bought in the last 12 months. Ankündigung • Feb 04
Caterpillar Inc. (NYSE:CAT) completed the acquisition of RPMGlobal Holdings Limited (ASX:RUL). Caterpillar Inc. (NYSE:CAT) signed a non-binding indicative proposal to acquire RPMGlobal Holdings Limited (ASX:RUL) for AUD 1.1 billion on September 1, 2025. Caterpillar Inc. (NYSE:CAT) entered into Scheme Implementation Deed to acquire RPMGlobal Holdings Limited (ASX:RUL) on October 12, 2025. A cash consideration valued at AUD 5 per share will be paid by Caterpillar Inc. The break fee and reverse break fee has been set at AUD 10 million.
The transaction is subject to consummation of due diligence investigation and definitive agreement. Implementation of the Scheme is subject to regulatory approvals from the Foreign Investment Review Board (FIRB) and the Australian Competition and Consumer Commission (ACCC), and other customary conditions, including RPM shareholder approval, Court approval, and there being no Material Adverse Change. The RPM Board unanimously recommend that RPM shareholders vote in favour of the Scheme. The transaction is expected to close on February 4, 2026. Australian Competition and Consumer Commission approved the transaction on December 18, 2025. As of December 19, 2025, the deal was approved by the shareholders of RPMGlobal. As of January 22, 2026, Treasurer of the Commonwealth of Australia that the Commonwealth Government has no objection to the Scheme under the Foreign Acquisitions and Takeovers Act 1975 (Cth). Accordingly, the Foreign Investment Approval condition contained in the Scheme Implementation Deed has been satisfied. As of February 3, 2026, the acquisition was approved by the Federal Court of Australia.
Moelis Australia Securities Pty Ltd. acted as financial advisor for RPMGlobal Holdings Limited. Derek Pocock of Baker McKenzie LLP acted as legal advisor for RPMGlobal Holdings Limited. Peter Stirling of King & Wood Mallesons, Australia Branch acted as legal advisor to Caterpillar. J.P. Morgan Securities LLC is serving as Caterpillar's financial advisor for the transaction.
Caterpillar Inc. (NYSE:CAT) completed the acquisition of RPMGlobal Holdings Limited (ASX:RUL) on February 4, 2026. Reported Earnings • Jan 30
Full year 2025 earnings released: EPS: US$18.90 (vs US$22.17 in FY 2024) Full year 2025 results: EPS: US$18.90 (down from US$22.17 in FY 2024). Revenue: US$67.6b (up 4.3% from FY 2024). Net income: US$8.88b (down 18% from FY 2024). Profit margin: 13% (down from 17% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Global Machinery industry. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Jan 16
Caterpillar Inc. to Report Q4, 2025 Results on Jan 29, 2026 Caterpillar Inc. announced that they will report Q4, 2025 results at 5:30 AM, Central Standard Time on Jan 29, 2026 Ankündigung • Jan 15
Caterpillar Inc. Announces Executive Changes of Construction Industries Caterpillar Inc. announced that Tony Fassino, group president of Construction Industries, has elected to retire effective May 31, 2026, following 30 years with the company. Caterpillar veteran Rod Shurman has been appointed group president of Construction Industries effective February 1, 2026, at which time Fassino will become group president, retired, for the remainder of the transition. Fassino's experience across Caterpillar's global portfolio helped drive the design and introduction of new products, services and technology, the development of go-to-market and distribution strategies, and the implementation of operational excellence across an extensive manufacturing and supply base. He held a variety of positions worldwide, including his appointment to senior vice president of Building Construction Products (BCP) in 2018 and group president of Construction Industries in 2021. Fassino also held numerous external leadership roles with the Association of Equipment Manufacturers, the Associated Equipment Distributors Foundation, the United Way of the Greater Triangle, the FFA Foundation and is currently the 2025 – 2026 chair of the American Road & Transportation Builders Association. Shurman currently serves as senior vice president of Caterpillar's BCP division, where he provides global leadership of the compact, versatile construction machines and attachments business. In his new role, he will be responsible for Caterpillar's Construction Industries segment, which includes Earthmoving, Excavation, BCP, China Operation, Cat Rental & Used, Customer Solutions Core Regions and Customer Solutions Growth Regions divisions, as well as the Construction Industries Supply Management group. Since joining Caterpillar in 1997, Shurman has held positions of increasing responsibility in engineering, service and operations functions. He has served as senior vice president for Caterpillar's Oil & Gas as well as Electrification & Energy Solutions divisions. Shurman has a bachelor's degree in mechanical engineering from Purdue University. Upcoming Dividend • Jan 13
Upcoming dividend of US$1.51 per share Eligible shareholders must have bought the stock before 20 January 2026. Payment date: 19 February 2026. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Mexican dividend payers (6.0%). Lower than average of industry peers (9.7%). Recent Insider Transactions • Jan 06
Chief Financial Officer recently sold Mex$104m worth of stock On the 31st of December, Andrew R. Bonfield sold around 10k shares on-market at roughly Mex$10,353 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$161m. Andrew R. has been a net seller over the last 12 months, reducing personal holdings by Mex$287m. New Risk • Dec 18
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Mexican stocks, typically moving 6.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (6.1% average weekly change). Minor Risks High level of debt (169% net debt to equity). Significant insider selling over the past 3 months (Mex$424m sold). Declared Dividend • Dec 14
Third quarter dividend of US$1.51 announced Shareholders will receive a dividend of US$1.51. Ex-date: 20th January 2026 Payment date: 19th February 2026 Dividend yield will be 0.8%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 8.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 53% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Dec 11
Caterpillar Inc. Maintains Quarterly Dividend, Payable on February 19, 2026 Caterpillar Inc. voted to maintain the quarterly dividend of one dollar and fifty-one cents ($1.51) per share of common stock payable February 19, 2026, to shareholders of record at the close of business January 20, 2026. Recent Insider Transactions • Dec 03
Chief Financial Officer recently sold Mex$104m worth of stock On the 1st of December, Andrew R. Bonfield sold around 10k shares on-market at roughly Mex$10,444 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$161m. Andrew R. has been a net seller over the last 12 months, reducing personal holdings by Mex$183m. Recent Insider Transactions • Nov 12
VP & Chief Accounting Officer recently sold Mex$13m worth of stock On the 5th of November, William Schaupp sold around 1k shares on-market at roughly Mex$10,646 per share. This transaction amounted to 48% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$161m. Insiders have been net sellers, collectively disposing of Mex$642m more than they bought in the last 12 months. Recent Insider Transactions • Nov 07
VP & Chief Accounting Officer recently sold Mex$13m worth of stock On the 5th of November, William Schaupp sold around 1k shares on-market at roughly Mex$10,646 per share. This transaction amounted to 48% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$161m. Insiders have been net sellers, collectively disposing of Mex$642m more than they bought in the last 12 months. Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: US$4.91 (vs US$5.09 in 3Q 2024) Third quarter 2025 results: EPS: US$4.91 (down from US$5.09 in 3Q 2024). Revenue: US$17.6b (up 9.5% from 3Q 2024). Net income: US$2.30b (down 6.7% from 3Q 2024). Profit margin: 13% (down from 15% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Global Machinery industry. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to Mex$10,865, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 19x in the Machinery industry globally. Total returns to shareholders of 166% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$7,628 per share. Recent Insider Transactions • Oct 15
Executive Chairman of the Board recently sold Mex$161m worth of stock On the 10th of October, D. Umpleby sold around 17k shares on-market at roughly Mex$9,371 per share. This transaction amounted to 3.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. D. has been a net seller over the last 12 months, reducing personal holdings by Mex$440m. Declared Dividend • Oct 09
Second quarter dividend of US$1.51 announced Shareholders will receive a dividend of US$1.51. Ex-date: 20th October 2025 Payment date: 20th November 2025 Dividend yield will be 1.0%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 8.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Oct 06
Caterpillar Inc. Maintains Quarterly Dividend, Payable on November 20, 2025 The Board of Directors of Caterpillar Inc. voted to maintain the quarterly dividend of one dollar and fifty-one cents ($1.51) per share of common stock payable November 20, 2025 to shareholders of record at the close of business October 20, 2025. Buy Or Sell Opportunity • Oct 03
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 24% to Mex$9,232. The fair value is estimated to be Mex$7,555, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Recent Insider Transactions • Sep 25
Executive Chairman of the Board recently sold Mex$146m worth of stock On the 22nd of September, D. Umpleby sold around 17k shares on-market at roughly Mex$8,524 per share. This transaction amounted to 3.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. D. has been a net seller over the last 12 months, reducing personal holdings by Mex$279m. Recent Insider Transactions • Sep 04
Executive Chairman of the Board recently sold Mex$133m worth of stock On the 2nd of September, D. Umpleby sold around 17k shares on-market at roughly Mex$7,733 per share. This transaction amounted to 2.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was D.'s only on-market trade for the last 12 months. New Risk • Sep 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Mexican stocks, typically moving 4.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (195% net debt to equity). Share price has been volatile over the past 3 months (4.7% average weekly change). Significant insider selling over the past 3 months (Mex$18m sold). Ankündigung • Sep 01
Caterpillar Inc. (NYSE:CAT) signed a letter of intent to acquire RPMGlobal Holdings Limited (ASX:RUL) for AUD 1.1 billion. Caterpillar Inc. (NYSE:CAT) signed a non-binding indicative proposal to acquire RPMGlobal Holdings Limited (ASX:RUL) for AUD 1.1 billion on September 1, 2025. A cash consideration valued at AUD 5 per share will be paid by Caterpillar Inc.
The transaction is subject to consummation of due diligence investigation and definitive agreement.
Moelis Australia Securities Pty Ltd. acted as financial advisor for RPMGlobal Holdings Limited. Baker McKenzie LLP acted as legal advisor for RPMGlobal Holdings Limited. Ankündigung • Aug 29
Caterpillar Inc. to Report Q3, 2025 Results on Oct 29, 2025 Caterpillar Inc. announced that they will report Q3, 2025 results on Oct 29, 2025 Recent Insider Transactions • Aug 20
Independent Director recently sold Mex$18m worth of stock On the 15th of August, Susan Schwab sold around 2k shares on-market at roughly Mex$7,665 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$242m more than they bought in the last 12 months. Reported Earnings • Aug 06
Second quarter 2025 earnings released: EPS: US$4.64 (vs US$5.50 in 2Q 2024) Second quarter 2025 results: EPS: US$4.64 (down from US$5.50 in 2Q 2024). Revenue: US$16.6b (flat on 2Q 2024). Net income: US$2.18b (down 19% from 2Q 2024). Profit margin: 13% (down from 16% in 2Q 2024). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Global Machinery industry. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Jul 22
Caterpillar Inc. to Report Q2, 2025 Results on Aug 05, 2025 Caterpillar Inc. announced that they will report Q2, 2025 results at 5:30 AM, Central Daylight on Aug 05, 2025 Upcoming Dividend • Jul 14
Upcoming dividend of US$1.51 per share Eligible shareholders must have bought the stock before 21 July 2025. Payment date: 20 August 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Mexican dividend payers (6.0%). Lower than average of industry peers (8.3%). Ankündigung • Jun 28
Caterpillar Inc.(NYSE:CAT) dropped from Russell Top 50 Index Caterpillar Inc.(NYSE:CAT) dropped from Russell Top 50 Index Declared Dividend • Jun 16
First quarter dividend of US$1.51 announced Shareholders will receive a dividend of US$1.51. Ex-date: 21st July 2025 Payment date: 20th August 2025 Dividend yield will be 1.3%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 7.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 26% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Jun 12
Caterpillar Inc. Raises Quarterly Dividend, Payable on August 20, 2025 The Board of Directors of Caterpillar Inc. voted to raise the quarterly dividend by 10 cents, a 7% increase, to $1.51 per share of common stock, payable August 20, 2025 to shareholders of record at close of business July 21, 2025. New Risk • Jun 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Mexican stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (198% net debt to equity). Share price has been volatile over the past 3 months (6.1% average weekly change). Recent Insider Transactions • May 09
Independent Director recently bought Mex$2.4m worth of stock On the 7th of May, David MacLennan bought around 375 shares on-market at roughly Mex$6,286 per share. This transaction amounted to 6.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold Mex$242m more in shares than they bought in the last 12 months. Reported Earnings • May 02
First quarter 2025 earnings released: EPS: US$4.22 (vs US$5.78 in 1Q 2024) First quarter 2025 results: EPS: US$4.22 (down from US$5.78 in 1Q 2024). Revenue: US$14.2b (down 9.8% from 1Q 2024). Net income: US$2.00b (down 30% from 1Q 2024). Profit margin: 14% (down from 18% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Global Machinery industry. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Ankündigung • May 01
Caterpillar Inc., Annual General Meeting, Jun 11, 2025 Caterpillar Inc., Annual General Meeting, Jun 11, 2025. Ankündigung • Apr 15
Caterpillar Inc. Announces Chief Executive Officer Changes, Effective May 1 , 2025 Caterpillar Inc. announced that, on April 9, 2025, the Board of Directors of the Company appointed Joseph E. Creed (49) as the Company’s Chief Executive Officer, effective May 1, 2025, succeeding D. James Umpleby III. Mr. Umpleby will continue to serve as Chief Executive Officer until May 1, 2025, at which point he will become Executive Chairman of the Board. Mr. Creed currently serves as the Company’s Chief Operating Officer, a position he has held since November 1, 2023. Mr. Creed joined Caterpillar in 1997 and has held numerous positions of increased responsibility across multiple divisions of Caterpillar. He was promoted to Chief Financial Officer for Caterpillar’s Energy & Transportation business segment in 2013, then to Vice President of Caterpillar’s Finance Services Division in 2017. Mr. Creed also served as interim Chief Financial Officer for Caterpillar in 2018. He then became Vice President of the Oil & Gas and Marine Division and the Electric Power Division. In 2021, he was promoted to Group President of Energy & Transportation, a position he held until becoming Chief Operating Officer. In connection with these executive leadership changes, the Compensation and Human Resources Committee of the Board also approved certain changes to Mr. Creed’s and Mr. Umpleby’s respective compensation. Declared Dividend • Apr 11
Fourth quarter dividend of US$1.41 announced Shareholders will receive a dividend of US$1.41. Ex-date: 21st April 2025 Payment date: 20th May 2025 Dividend yield will be 1.4%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 7.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Apr 10
Caterpillar Inc. Announces Daniel M. Dickinson Will Not Stand for Re-Election to the Board On April 7, 2025, Daniel M. Dickinson communicated to the Board of Directors of Caterpillar Inc. his decision not to stand for re-election to the Board at the Company’s 2025 Annual Meeting of Shareholders. Mr. Dickinson’s decision was not the result of any disagreement with the Company. The Board is very grateful to Mr. Dickinson for his valuable contributions and many years of dedicated and excellent service. Ankündigung • Apr 09
Caterpillar Inc. Maintains Quarterly Dividend, Payable on May 20, 2025 The Board of Directors of Caterpillar Inc. voted to maintain the quarterly dividend of one dollar and forty-one cents ($1.41) per share of common stock, payable May 20, 2025, to shareholders of record at the close of business on April 21, 2025. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to Mex$5,690, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Machinery industry globally. Total returns to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$6,220 per share. Ankündigung • Apr 08
Caterpillar Celebrates Centennial Year At Bauma Caterpillar Inc. is focusing on "The Next 100 Years" of innovation and sustainability at bauma Munich 2025, the world's leading trade show for construction equipment. The company's exhibit showcases the latest equipment, technologies, power solutions and services to help customers face jobsite challenges head on. Caterpillar's bauma exhibit includes: The Performance Center showcases the possibilities when power, machinery, services, technology and autonomy work together. The display features various solutions to support customer jobsite success including helping increase performance, streamline efficiencies and achieve their sustainability goals. Visitors will be able to simulate how upgrading their fleet with Caterpillar's latest machine technologies can significantly reduce fuel consumption and associated greenhouse gas (GHG) emissions. Technology, Connectivity and Safety: Caterpillar is showcasing a series of live demonstrations of the latest VisionLink® features that help customers with equipment, productivity and safety management across fleets of all sizes. The full capabilities of Cat Command will also be on display in the most complete offering of remote-control, semi-autonomous and autonomous capabilities in the construction and quarry industries. Services and Support Solutions: Caterpillar offers integrated aftermarket solutions that help boost uptime, enhance efficiency, and reduce costs. This includes Customer Value Agreements (CVAs), digital tools and expert support. Powering your Jobsite: Caterpillar offers a comprehensive electrification ecosystem with tailored solutions to help customers reduce GHG emissions and enhance productivity. This approach includes renewable power sources, energy storage systems, advanced charging solutions and electric machines. Latest Equipment: The exhibit features 48 machines, including 17 new introductions or upgrades. These include enhancements to the battery electric line-up, Next Generation line-up expansions and additions to the demolition, waste handling and recycling portfolios. Engines and Jobsite Power: A range of Caterpillar industrial engines that are compatible with renewable fuels such as 100% hydrotreated vegetable oils (HVO) will also be on display, including the new C13D and a new high power C3.6 delivering 106 kW (142 hp). The stand features the first showing of a series hybrid power expansion powertrain, part of a growing electrification ecosystem of solutions from Caterpillar, a hydrogen engine testing exhibit highlighting the ongoing fuels development work and a remanufactured C7. bauma Munich runs from April 7-13, 2025. Ankündigung • Apr 03
Caterpillar Inc. Announces Executive Changes Caterpillar Inc. announced the appointment of Christy Pambianchi to Chief Human Resources Officer (CHRO) effective May 1, 2025. Pambianchi will be a member of Caterpillar's Executive Office and will succeed Cheryl H. Johnson, whose retirement was announced in January 2025. Pambianchi has served as a CHRO for the past 18 years at various companies across multiple industries, most recently serving as Chief People Officer at Intel, a global leader in semiconductor design and manufacturing with over $53 billion in annual revenue. As the Chief People Officer at Intel, Pambianchi led Human Resources, Corporate Real Estate, Corporate Social Responsibility, and the company's Transformation Management Office. Pambianchi has held CHRO roles at Verizon and Corning with responsibilities that included information technology and every aspect of human resources. She also held additional roles of increased responsibility at PepsiCo Inc. Pambianchi holds a bachelor's degree from Cornell University'sSchool of Industrial and Labor Relations and is a fellow of the National Academy of Human Resources, serving on their board as well as several Human Resources boards to advance the profession. Recent Insider Transactions • Feb 21
Insider recently sold Mex$17m worth of stock On the 18th of February, Jason Kaiser sold around 2k shares on-market at roughly Mex$7,177 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$82m. Insiders have been net sellers, collectively disposing of Mex$240m more than they bought in the last 12 months. Reported Earnings • Jan 30
Full year 2024 earnings released: EPS: US$22.17 (vs US$20.24 in FY 2023) Full year 2024 results: EPS: US$22.17 (up from US$20.24 in FY 2023). Revenue: US$64.8b (down 3.4% from FY 2023). Net income: US$10.8b (up 4.4% from FY 2023). Profit margin: 17% (up from 15% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Global Machinery industry. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 23% per year. Recent Insider Transactions • Jan 19
Chief Financial Officer recently sold Mex$79m worth of stock On the 16th of January, Andrew R. Bonfield sold around 10k shares on-market at roughly Mex$7,894 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth Mex$82m. Andrew R. has been a net seller over the last 12 months, reducing personal holdings by Mex$324m. Upcoming Dividend • Jan 14
Upcoming dividend of US$1.41 per share Eligible shareholders must have bought the stock before 21 January 2025. Payment date: 20 February 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Mexican dividend payers (6.7%). Lower than average of industry peers (5.9%). Ankündigung • Jan 08
Caterpillar Inc. Celebrates the Next 100 Years of Innovation At CES 2025 Caterpillar Inc. kicked off its year-long centennial celebration at CES®? 2025, demonstrating how the company's leadership in driving innovation and new technologies will continue to shape the future of industry and empower customers. Caterpillar will be showcasing its investment in the core technologies of autonomy, connectivity and digital, alternative fuels and electrification to show how they will help customers tackle the energy transition and build the jobsite of the future. Visitors at CES will experience innovation in action, including the 55,000-pound Cat®? 972 Wheel Loader featuring an Extended Range Electrified Machine (EREM) technical demonstrator of a hybrid retrofit - which was built in just 12 weeks by a small group of engineers. The battery-electric demonstrator maintains impressive performance similar to a diesel machine and does not require DC charging, offering a new, sustainable solution without the need for additional electrical infrastructure on the jobsite. Caterpillar's exhibit will feature additional opportunities to see innovation in practice, including: Sustainable solutions on the jobsite - Experience a 24-hour electrified jobsite simulation, demonstrating the data insights and energy flows real-world customers are already using at jobsites due to Caterpillar's ecosystem of electric innovations. Tools for the next 100 years - On-site attendees will see innovation on display through a Centennial Hub showcasing 10 decades of technology advancements with a heavy focus on sustainability-related innovations. Cat®? Command technologies - Feel what it's like to harness the power of Cat in the palm of hand. This remote-control technology enables autonomous control of machines, enhancing safety and efficiency for customers. At Caterpillar, continuous innovation has always been driven by one thing: what the company's customers need. And what they need right now are options that solve today's problems while taking them to the next step in their own digital and energy transition journeys. Declared Dividend • Dec 16
Third quarter dividend of US$1.41 announced Shareholders will receive a dividend of US$1.41. Ex-date: 21st January 2025 Payment date: 20th February 2025 Dividend yield will be 1.0%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 8.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Dec 11
Caterpillar Inc. Announces Quarterly Dividend, Payable on February 20, 2025 The Board of Directors of Caterpillar Inc. voted to maintain the quarterly dividend of $1.41 per share of common stock, payable February 20, 2025, to shareholders of record at the close of business on January 21, 2025. Recent Insider Transactions • Nov 27
Chief Financial Officer recently sold Mex$82m worth of stock On the 25th of November, Andrew R. Bonfield sold around 10k shares on-market at roughly Mex$8,245 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Andrew R. has been a net seller over the last 12 months, reducing personal holdings by Mex$245m. New Risk • Nov 11
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.04% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.04% per year for the foreseeable future. Minor Risks High level of debt (171% net debt to equity). Share price has been volatile over the past 3 months (5.6% average weekly change). Significant insider selling over the past 3 months (Mex$51m sold). Ankündigung • Nov 08
Caterpillar Inc. Successfully Demonstrated the Fully Autonomous Operation of Its Cat 777 Off-Highway Truck Caterpillar Inc. announced it has successfully demonstrated the fully autonomous operation of its Cat® 777 off-highway truck. The debut of this latest model of Cat® MineStar™ Command for hauling at Luck Stone'sBull Run plant in Chantilly, Va., marks a significant milestone in Caterpillar's objective to deliver an autonomous hauling solution for the quarry and aggregates sector. This successful deployment of machinery and technology highlights the progress being made between Caterpillar and Luck Stone, the largest family-owned and operated producer of crushed stone, sand, and gravel in the United States. In December 2022, Luck Stone and Caterpillar announced an agreement to accelerate the development of Caterpillar's autonomous solutions for quarry and aggregate applications. This marks Caterpillar's first deployment of autonomous technology in the aggregates industry and will expand the company's autonomous truck fleet to include the 100-ton-class (90-tonne-class) Cat® 777. The success of autonomous hauling at Bull Run plant marks the initial milestone in the collaboration between Caterpillar and Luck Stone. This achievement lays the foundation for ongoing testing and validation of assumptions and technology before making autonomous technology commercially available in the aggregates industry. Recent Insider Transactions • Nov 07
Chief Human Resources Officer recently sold Mex$20m worth of stock On the 4th of November, Cheryl Johnson sold around 3k shares on-market at roughly Mex$7,600 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$214m more than they bought in the last 12 months. New Risk • Nov 03
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risks High level of debt (171% net debt to equity). Significant insider selling over the past 3 months (Mex$20m sold). Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: US$5.09 (vs US$5.48 in 3Q 2023) Third quarter 2024 results: EPS: US$5.09 (down from US$5.48 in 3Q 2023). Revenue: US$16.1b (down 4.2% from 3Q 2023). Net income: US$2.46b (down 12% from 3Q 2023). Profit margin: 15% (down from 17% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Global Machinery industry. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Ankündigung • Oct 16
Caterpillar Inc. to Report Q3, 2024 Results on Oct 30, 2024 Caterpillar Inc. announced that they will report Q3, 2024 results at 5:30 AM, Central Daylight on Oct 30, 2024 Declared Dividend • Oct 14
Second quarter dividend of US$1.41 announced Shareholders will receive a dividend of US$1.41. Ex-date: 21st October 2024 Payment date: 20th November 2024 Dividend yield will be 0.9%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 8.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 4.2% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Oct 11
Caterpillar Inc. Announces Appointment of Nazzic S. Keene as Independent Director, Effective November 1, 2024 Caterpillar Inc. announced that Nazzic S. Keene, former chief executive officer of Science Applications International Corporation (SAIC), has been appointed to the Caterpillar board of directors, effective November 1, 2024. Keene will serve on Caterpillar's Nominating & Governance Committee and Compensation & Human Resources Committee. Keene, 64, retired in 2023 after four years as CEO and a director of SAIC, a multi-billion-dollar global company engaged in integrating information technology systems that manage engineering, large-scale IT modernization, and security, logistics, simulation and data analytics for government bodies. She was appointed to the position of CEO and elected as a director after having served as Chief Operating Officer of SAIC from 2017 to 2019 and as the President of Global Markets & Missions from 2013 to 2017. Ms. Keene is currently a director of Automatic Data Processing Inc. and ITT Inc. Ankündigung • Oct 10
Caterpillar Inc Announces Quarterly Dividend, Payable November 20, 2024 The Board of Directors of Caterpillar Inc. voted to maintain the quarterly dividend of $1.41 per share of common stock, payable November 20, 2024, to shareholders of record at the close of business on October 21, 2024. Ankündigung • Sep 17
Caterpillar Inc Introduces Groundbreaking Dynamic Energy Transfer Solution for Battery and Diesel-Electric Mining Equipment Caterpillar Inc. unveiled an innovative OEM-designed solution to help solve one of the most complex aspects of the mining industry's energy transition – energy management. Cat® Dynamic Energy Transfer (DET) is a fully Caterpillar-developed system that can transfer energy to both diesel-electric and battery-electric large mining trucks while they are working around a mine site. It can also charge a machine's batteries while operating with increased speed on grade, improving operational efficiency and machine uptime. The innovative Cat DET system provides the industry with options to support both near-term and long-term sustainability strategies. Cat DET is comprised of a series of integrated elements, including a power module that converts energy from a mine site's power source, an electrified rail system to transmit the energy and a machine system to transfer the energy to the truck's powertrain. The rail system is a highly deployable, mobile solution that can be customized to customers' specific site layouts, including high-speed and curved haul roads, enabling higher productivity. The connecting arm can be installed on either side of a truck and on multiple truck models, providing options to fit customers' specific operations. It can also be used on mature or developing sites, and it can be easily moved or expanded to allow maximum mine site coverage. Cat DET will integrate with the Cat MineStar Command for hauling solution, merging autonomy and electrification technologies to provide a holistic site solution. Recent Insider Transactions • Sep 12
Independent Director recently bought Mex$669k worth of stock On the 4th of September, Gerald Johnson bought around 100 shares on-market at roughly Mex$6,693 per share. This transaction amounted to 3.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold Mex$194m more in shares than they bought in the last 12 months. 
