Throughout 2024,
Caterpillar Inc. (CAT) maintained a significant presence in the market. The
retirement of Chief Human Resources Officer, Cheryl H. Johnson was a notable announcement, alongside the retirement of other executive officers. Though the
Caterpillar stock price was adjusted downwards by several assessments, it was also bolstered by purchases from multiple investment firms, including
Ritholtz Wealth Management and
Truist Financial. The company introduced an innovative dynamic energy transfer solution for its mining equipment, projecting its commitment towards
tech advancements. CAT financial publishing its 2024 Q1, Q2, and Q3 results were crucial highlights. On an exciting note, the company marked its
100-years celebration and launched a range of new products, including a 4-model lineup of next-generation telehandlers and an autonomous truck.
Insider Selling occurred, with CFO
Andrew Bonfield selling a significant amount of stock. For boosting investor confidence, the company sustained its dividend and raised its share repurchase authorization. Caterpillar's performance was mixed, but it exhibited resilience in the face of market volatility.
Caterpillar CAT News Analytics from Tue, 16 Apr 2024 07:00:00 GMT to Sat, 18 Jan 2025 12:02:27 GMT -
Rating 6
- Innovation 5
- Information 7
- Rumor -4
