New insider activity at Caterpillar ( (CAT) ) has taken place on February 6, 2025.
Director Gerald Johnson has made a notable investment by purchasing 100 shares of Caterpillar stock, with the transaction valued at $36,557.
Recent Updates on CAT stock
Caterpillar has seen mixed developments in the past 24 hours affecting its stock price. DA Davidson increased its price target for Caterpillar’s shares following a strong Q4 earnings report, despite the company not providing formal guidance. The sustained performance is driven by robust demand in datacenter and energy-related projects, while traditional construction and mining sectors show mixed results. Simultaneously, UBS upgraded Caterpillar to ‘Neutral’ from ‘Sell’ due to recalibrated expectations after consecutive earnings misses. However, price targets were lowered by Truist and BofA, both citing concerns over future revenue and margin challenges despite Caterpillar achieving record profits amidst sales difficulties. Additionally, a significant arms deal involving Caterpillar’s armored bulldozers worth over $300 million as part of a U.S. arms transfer to Israel was announced, potentially impacting future sales.
More about Caterpillar
YTD Price Performance: 0.14%
Average Trading Volume: 2,163,104
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $174.8B