Caterpillar reported better-than-expected third-quarter earnings with adjusted EPS of $7.20, slightly beating estimates, and revenue growth of 17.3%. Despite this, its stock fell 9% premarket, reflecting a broader selloff in AI power-related stocks like Vertiv and GE Vernova. Investors appear to be punishing companies that meet but do not raise future guidance, signaling a shift in how the AI power trade is valued. Caterpillar's strong backlog and factory output limits suggest growth potential, but without raised outlooks, the stock may continue to face pressure.
Caterpillar's market cap stands at $327.92 billion with a dividend yield of 0.91%, while its stock price on Pluang dropped 9.59% as of Oct 29, 2026 19:01 WIB. Vertiv and GE Vernova also saw declines, with Vertiv down 3.41% and GE Vernova down 3.21%, reflecting a broader selloff in AI power-related industrial stocks. Pluang data shows mixed order activity with Caterpillar buyers slightly outweighing sellers at 55%.
Caterpillar reported a 17% increase in third-quarter 2026 sales and revenues, reaching $20.7 billion, driven by higher sales volume and favorable pricing. Profit per share rose significantly to $7.13 from $4.88 in the same quarter last year, reflecti...
Caterpillar recently raised its dividend for the sixth consecutive year, signaling steady growth, while Deere has held its dividend flat for two years amid a farm downturn. Caterpillar's dividend payout ratio is lower, with more free cash flow availa...
Caterpillar reports Q3 results on October 29 amid a 15.4% stock drop over the past month despite a record $72 billion backlog. Last quarter, the company posted $20.54 billion in revenue, a 24% increase year-over-year, and raised its 2026 sales growth...
