A series of recent developments within heavy machinery and construction giant,
Caterpillar Inc. (CAT), has seen fluctuation in its stock. There have been periods of
decline and gain in market value. The third-quarter results of 2024 have been announced for
Cat Financial, which may have an impact on their overall financial position.
Caterpillar's stock value has been both over and underperforming; investors and analysts are weighing up whether to buy, sell, or hold the stock. Notably, Caterpillar launched an
autonomous Cat® 777 Off-Highway Truck paving the way for future technology in the industry. Cat also introduced a cutting-edge
energy transfer solution for mining equipment. Caterpillar's
dividend base has been stable, which upholds investor confidence despite the company's lower guidance. Furthermore, Caterpillar has embarked on a
‘Pathways to Sustainability’ program showcasing commitment towards energy transition. Despite tough comparatives,
Q2 and Q3 earnings topped predictions due to favorable pricing. Caterpillar chose to
delist voluntarily from Euronext Paris while the company foresees a decrease in yearly sales due to slowing demand. Lastly, Caterpillar has boosted its buyback plan, raising dividends.
Caterpillar CAT News Analytics from Mon, 05 Feb 2024 08:00:00 GMT to Fri, 03 Jan 2025 14:41:00 GMT -
Innovation 8
- Rumor 2
