Caterpillar Inc. has acquired John Fabick Tractor Company, a long-time Cat dealer serving Missouri, Illinois, Wisconsin, and Michigan's Upper Peninsula. The acquisition aims to ensure a smooth ownership transition while maintaining Fabick's strong customer service and local support. Caterpillar appointed Steve Ferguson as CEO of Fabick to continue building customer relationships and community commitment. This move supports Caterpillar's strategy to enhance its dealer network and customer service in key US regions.
Caterpillar Inc. shares trade at USD 630.00 on Pluang as of Nov 02, 2026 20:42 WIB, up 1.20% for the day. This price remains well below its 52-week high of $1.06K but comfortably above its 52-week low of $546.13. The stock offers a dividend yield of 1.05% and typically holds for 96 days on the platform, indicating moderate investor interest despite the recent acquisition news.
Caterpillar's shares dropped nearly 30% over six months despite a record $78 billion backlog supporting future growth. HSBC is bullish, projecting an 85% upside to $1,150, driven by demand in AI data center power, global infrastructure, and high-marg...
Caterpillar reported strong operational results for Q3 2026, driven by a $78 billion backlog fueled by AI infrastructure demand, extending revenue visibility into 2029-2030. Despite this, shares have dropped 29% due to concerns over valuation and the...
Caterpillar announced a 17% increase in revenue for the third quarter, showing continued growth but at a slower pace compared to the 24% growth in the prior quarter. Despite strong topline results, the growth rate may disappoint some investors given ...
Both Boeing and Caterpillar reported Q3 earnings recently, with Boeing missing estimates and Caterpillar beating them yet both stocks fell. Caterpillar shows stronger income, cash flow, and shareholder returns, including rising dividends and steady b...
Caterpillar's stock has fallen nearly 40% from its 52-week high due to cost pressures and a cautious earnings report, despite beating EPS estimates. However, two major Wall Street firms, HSBC and Wells Fargo, see significant upside potential of up to...
