Caterpillar's shares dropped sharply after the company reported a slight miss in third-quarter sales. While the power and energy segment, boosted by data-center construction, showed strong growth and price gains, the broader construction industries segment underperformed. This mixed performance disappointed investors and led to Caterpillar's biggest stock loss in years. The outcome highlights challenges in the construction sector despite pockets of strength in data-center related business.
Caterpillar's stock is down 11.13% on Pluang as of Oct 29, 2026 19:43 WIB, marking a significant drop for the industrial giant. The share price currently stands at USD 634.00, well below its 52-week high of $1.06K. Trading volume remains active with over 3.4 million shares exchanged, reflecting strong investor reaction to recent earnings news.
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 l...
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...
