Caterpillar Inc. (CAT) displayed robust performance with significant Q3 revenue and impressive growth in backlog powered by AI-driven infrastructure momentum. Indicative of the firm's strong financials, the CAT stock hit a record high following a recent Fed rate cut. However, insider selling and a cautious earnings outlook were also observed. Despite Morgan Stanley maintaining a Sell Rating and Caterpillar's shares suffering a larger drop than the general market, Citigroup has maintained its Buy recommendation on the stock. Additionally, BI Asset Management Fondsmaeglerselskab A S and Boothbay Fund Management LLC decided to trim their holdings in CAT. Significant news such as Caterpillar's agreement to acquire RPMGlobal and its data center power solutions deal with Hunt Energy were also noted. Interestingly, Caterpillar's involvement in powering America's growing data center energy needs was also declared. Risks, however, include potential patent lawsuits and import bans initiated by Bobcat.
Caterpillar CAT News Analytics from Thu, 30 Jan 2025 08:00:00 GMT to Sat, 13 Dec 2025 16:11:43 GMT - Rating 2 - Innovation 3 - Information 8 - Rumor -4
