Caterpillar Inc. (CAT) firmly remains in the spotlight with a multitude of significant developments. Analysts keep their buy ratings on CAT, with Bernstein reiterating a $304 price target amid Power Sector Expansion. Alongside, CAT Financial provided a stellar 2024 year-end result. In 2025, Caterpillar Investor Day promises to unveil a 100-Year Vision and Strategic Growth Roadmap. Executive changes are also in the pipeline: Chairman Jim Umpleby will transition to Executive Chairman while COO Joe Creed assumes the role of CEO. In tangible finance action, the company also enacted a dividend increase. Further augmenting their investor appeal, CAT exceeded market returns, impressively boosted its dividend for 31 consecutive years, and maintained Dividend Aristocrat Status. Innovation remains at the forefront, with CAT introducing a pathbreaking solution for energy transfer in battery and diesel-electric mining equipment. However, CAT faces challenges amid tariff impacts and manufacturing slump while asserting its resilience with new technologies and strategic industry focus. Baird and UBS notably upgraded Caterpillar, reinforcing positive investor sentiment.
Caterpillar CAT News Analytics from Tue, 17 Sep 2024 07:00:00 GMT to Thu, 03 Jul 2025 14:38:00 GMT -
Rating 7
- Innovation 8
- Information 8
- Rumor 3