Caterpillar Inc NYSE:CAT Price, Chart, News & Insight

Caterpillar Agrees to Acquire Fabick Cat Dealership

Caterpillar has entered into an agreement to acquire John Fabick Tractor Company, a long-standing Cat dealer serving parts of Missouri and Illinois, all of Wisconsin and Michigan’s Upper Peninsula.

Fabick Cat operates 37 locations across its territory and has represented the Caterpillar brand for more than a century. Caterpillar said the transaction is intended to support a smooth ownership transition while preserving the local service and customer relationships built by the dealership.

The acquisition would bring Fabick’s dealership operations directly under Caterpillar ownership, giving the company greater control over sales, service and customer support across a sizable Midwestern territory.

Caterpillar said it plans to work with the existing Fabick team and build on the dealership’s established customer base. Fabick management also said the transaction should strengthen its ability to provide customers with services, technology and technical expertise.

The deal remains subject to regulatory approval and other customary closing conditions. Caterpillar expects the transaction to close within 30 days.

The acquisition represents a notable move by Caterpillar into direct ownership of a major dealer operation, while maintaining the broader structure of its global dealer network.

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WS Investor 09-29-26

Caterpillar Expands Autonomous Hauling After 3.5 Million-Ton Quarry Pilot

Caterpillar (NYSE: CAT) and Luck Stone are expanding autonomous hauling technology to two additional Virginia quarries following an 18-month pilot at the Bull Run Quarry. Autonomous trucks at the site have hauled more than 3.5 million tons since operations began in November 2024.

The expansion will deploy Caterpillar’s autonomous technology across fleets of Cat 775 haul trucks at Luck Stone’s Boscobel and Bealeton operations. It will mark the first deployment of Caterpillar’s autonomous haulage system on the Cat 775, an important truck model for the quarry industry.

Luck Stone said autonomous operations have improved production consistency and workplace safety while creating opportunities for employees to move into more technology-focused roles. The companies are now using experience from the Bull Run deployment to scale the technology across additional sites.

Caterpillar said its autonomous trucks globally have now hauled more than 13 billion tonnes and traveled over 455 million kilometers with no reported injuries while operating, highlighting the growing commercial adoption of autonomous heavy equipment.

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The Investor 09-15-26

Caterpillar Partners With FieldAI to Advance AI-Powered Robotics and Industrial Automation

Caterpillar (NYSE: CAT) is collaborating with FieldAI to develop physical AI, autonomous robotics and digital-twin technologies for construction sites, factories and other complex industrial environments, expanding the heavy-equipment giant’s push into AI-powered operations.

The collaboration combines Caterpillar’s industrial expertise, engineering capabilities and operational data with FieldAI’s robot foundation models. The goal is to enable autonomous systems to operate in dynamic industrial environments where conventional automation can struggle, improving worker safety, productivity and operational efficiency.

Initial applications include autonomous inspections, real-time digital twins of jobsites and manufacturing facilities, AI-powered situational awareness and operational optimization. These systems can analyze equipment and infrastructure conditions, identify potential risks and use simulation and automation to improve workflows.

NVIDIA technology will play an important role in the initiative. Caterpillar and FieldAI plan to use NVIDIA accelerated computing and NVIDIA Omniverse technologies alongside high-fidelity digital twins built from real-world operational data. The combination is intended to improve site visibility and accelerate decision-making while supporting increasingly autonomous industrial operations.

FieldAI’s technology is robot-agnostic, allowing its autonomy software and foundation models to operate across different robotic platforms rather than being tied to a single machine. Caterpillar selected the company partly because of its experience deploying autonomous technology in complex and unpredictable industrial environments.

For Caterpillar, the partnership extends AI beyond software analytics and into physical machines and industrial workflows. As construction, mining and manufacturing customers face labor shortages and pressure to improve productivity, AI-enabled autonomy could become an increasingly important differentiator across Caterpillar’s equipment and technology ecosystem.

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The Investor 09-02-26

Caterpillar Stock Rises 5.7% After Cat Financial Reports Strong Q2 Results

Caterpillar (NYSE: CAT) shares gained 5.7% on Tuesday after its financing subsidiary, Cat Financial, reported solid second-quarter results, highlighting continued strength in equipment financing demand, portfolio quality and lending activity.

Cat Financial reported second-quarter revenue of $991 million, up 10% year over year, while profit increased 6% to $145 million. Profit before taxes rose 13% to $206 million, supported by higher average earning assets, although partially offset by a higher provision for credit losses.

Financing Business Shows Continued Strength

Retail new business volume increased 9% year over year to $3.92 billion, reflecting higher financing activity across all customer segments.

The growth in lending suggests continued demand for Caterpillar equipment despite a mixed macroeconomic environment and supports the company's broader equipment sales ecosystem.

Management said the financing business remains focused on providing financial solutions that help Caterpillar customers and dealers invest in new equipment while maintaining disciplined portfolio management.

Credit Quality Remains Healthy

Cat Financial continued to report strong credit performance during the quarter.

Past-due accounts improved to 1.31% from 1.62% a year earlier, while the allowance for credit losses remained stable at 0.84% of finance receivables. Net write-offs increased only modestly to $20 million from $18 million a year ago, indicating that overall portfolio quality remains resilient.

What to Watch

The strong share price reaction suggests investors welcomed the healthy financing trends and stable credit performance, which are often viewed as indicators of underlying demand for Caterpillar equipment. Going forward, investors will monitor global construction and mining activity, equipment demand, financing volumes and credit quality for further signs of strength across Caterpillar's business.

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European Investor 08-04-26

Caterpillar Stock Falls 6.5% as Baird Downgrades Rating Despite High Price Target

Caterpillar (NYSE: CAT) shares fell 6.5% on Wednesday after Robert W. Baird downgraded the construction and mining equipment maker to **Neutral** from **Outperform**, while lowering its price target to **$900 from $1,200**.

Although the new $900 target remains above the stock's current trading price of around $786, the downgrade suggests Baird believes Caterpillar's near-term upside has become more limited after its recent performance and amid a more balanced risk-reward profile.

The revised target still implies meaningful upside, but the sharp reduction from the previous $1,200 estimate reflects a more cautious outlook for the company's earnings trajectory and valuation. Investors often react more strongly to rating downgrades than to the absolute price target, particularly for widely followed industrial companies.

The downgrade comes as Caterpillar faces uncertainty surrounding global construction activity, mining capital spending, and infrastructure demand. Investors are also monitoring the impact of slowing economic growth in some regions and the pace of equipment replacement spending by customers.

Despite Wednesday's decline, Caterpillar continues to benefit from a strong competitive position, healthy cash generation, and long-term demand supported by infrastructure investment, energy, and mining projects. However, Baird's more cautious stance indicates that much of these positives may already be reflected in the stock, leading the firm to adopt a more neutral view on future performance.

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The Investor 07-29-26

Caterpillar Drops Despite Baird Price Target Increase

Caterpillar (NYSE: CAT) shares fell 5.6% on Friday despite Robert W. Baird raising its price target on the construction and mining equipment manufacturer to *$1,200 from $1,165*, while maintaining an *Outperform* rating.

Baird's higher price target reflects continued confidence in Caterpillar's long-term earnings power, supported by resilient demand for heavy equipment, infrastructure spending, and the company's disciplined capital allocation. The reaffirmed Outperform rating indicates the firm expects Caterpillar to continue outperforming its peers over time.

Despite the bullish analyst update, Caterpillar came under broad selling pressure during Friday's session. However, the increased price target suggests Wall Street remains optimistic that the recent pullback does not alter the company's strong long-term fundamentals and growth outlook.

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The Investor 06-27-26

Caterpillar Shares Rise After JPMorgan Raises Price Target to $1,165

Caterpillar (NYSE: CAT) gained 1.3% as investors reacted to a bullish analyst update from JPMorgan. Analyst Tami Zakaria raised her price target on the construction and mining equipment giant to $1,165 from $1,125 while maintaining an Overweight rating.

The higher target reflects growing confidence in Caterpillar's ability to benefit from strong long-term demand across infrastructure, mining, energy, and industrial markets. The company remains one of the most closely watched indicators of global economic activity due to its broad exposure to construction and resource development projects worldwide.

Investor sentiment toward Caterpillar has also been supported by expectations that lower energy prices and easing geopolitical tensions could help improve the outlook for global growth. The recent U.S.-Iran agreement has reduced concerns about potential disruptions to energy markets, while declining oil prices have eased inflation pressures and improved expectations for future interest-rate cuts.

Caterpillar is particularly well-positioned to benefit from continued investment in infrastructure and natural resources. Mining customers continue to invest in equipment to support demand for critical minerals used in artificial intelligence infrastructure, electric vehicles, and renewable energy technologies. At the same time, government-backed infrastructure projects remain a significant source of demand for construction machinery.

The company has also demonstrated strong pricing discipline and operational execution in recent years, helping support margins despite fluctuations in end-market demand. Investors have increasingly focused on Caterpillar's ability to generate cash flow and return capital to shareholders through dividends and share repurchases.

JPMorgan's target increase adds to the constructive outlook surrounding industrial and capital equipment companies, which have benefited from resilient economic conditions and expectations for continued spending on infrastructure and industrial modernization.

The stock's advance suggests investors welcomed the analyst's more optimistic assessment and continue to view Caterpillar as a key beneficiary of long-term industrial investment trends and improving macroeconomic conditions.

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WS Investor 06-18-26

Caterpillar Surges 9% as AI Infrastructure Boom and Record Backlog Power Blowout Quarter

Caterpillar shares are up 9% in trading today, as a Q1 2026 earnings report that blew past expectations on every key metric underscored how the AI infrastructure buildout is becoming a powerful new growth engine for the industrial giant.

Revenue rose 22% year-over-year to $17.42 billion, well above the $16.21 billion consensus, while adjusted EPS came in at $5.54, beating the $4.64 estimate by a wide 19% margin. The beat was broad-based: construction segment revenue jumped 38% while the power and energy segment rose 22%, with power equipment benefiting directly from the AI data center infrastructure boom and higher dealer sales lifting construction. (GuruFocus, CNBC)

Sales growth was driven by higher volume of $2.3 billion and favorable price realization of $426 million. On the financing side, Cat Financial delivered solid supporting numbers, with retail new business volume up 8% to $3.19 billion and past dues falling to a historically low 1.39%. (Stock Titan)

Caterpillar raised its annual revenue forecast following the beat, with a record backlog providing management with confidence in continued momentum through the rest of 2026. The company also deployed $5.7 billion in share repurchases and dividends during the quarter alone. (GuruFocus)

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WS Investor 04-30-26

Caterpillar Inc. to Announce First-Quarter 2026 Financial Results on April 30

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Global Finance News 04-17-26

The Board of Directors of Caterpillar Inc. (NYSE: CAT) decided the quarterly dividend of $1.51 per share of common stock payable May 19, 2026, to shareholders of record at the close of business April 20, 2026.

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WS Investor 04-08-26

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