|Bid||198.81 x 1200|
|Ask||199.02 x 1400|
|Day's range||195.30 - 199.45|
|52-week range||149.63 - 246.69|
|Beta (5Y monthly)||0.93|
|PE ratio (TTM)||24.98|
|Earnings date||28 Oct 2021|
|Forward dividend & yield||4.44 (2.23%)|
|Ex-dividend date||22 Oct 2021|
|1y target est||168.11|
Caterpillar Inc. (NYSE: CAT) is creating the position of Chief Sustainability & Strategy Officer, enhancing its environmental, social and governance (ESG)-related disclosures and tying a portion of executive compensation to ESG. These actions reflect stakeholder feedback and illustrate the company's longstanding commitment to sustainability.
Cowen is out very bullish on one heavy equipment maker. Here's why.
Matt Elkott, equity research analyst at Cowen covering diversified industrials and transportation OEMs, discusses his initiation of Caterpillar, including why he is projecting the industrial’s first megacycle in 14 years.