Caterpillar
CAT · NYSE
Legal name Caterpillar Inc. - heavy equipment; Dow Jones Industrial Average component
NOTABLECaterpillar announced on August 25, 2026 that it plans to invest $890 million to modernize its Lafayette, Indiana Large Engine Center, with roughly $350 million for plant renovations, upgrades and expansion and about $540 million for new manufacturing equipment. The project is tied to retention of 1,995 employees and follows an earlier $725 million expansion at the same facility.source → https://www.insideindianabusiness.com/articles/caterpillar-planning-890-million-investment-in-lafayette-plant
INFOCaterpillar filed to sell euro-denominated floating-rate notes with two- and three-year maturities, per an August 24, 2026 fixed-income market update, with initial guidance on the two-year tranche cited around 55-60 basis points over three-month Euribor. The euro issuance is described as matching funding to the company's European operations and diversifying its investor base.source → https://www.ad-hoc-news.de/boerse/news/corporate-news/caterpillar-stock-steadies-after-blowout-quarter-and-bond-sale/69997642
INFOAs of August 24-25, 2026 Caterpillar shares traded around $811, giving the company a market capitalization near $373 billion, with a year-to-date gain reported at roughly 36% and an analyst consensus rating of Moderate Buy at an average price target near $995. The stock has been consolidating since the record Q2 2026 report on August 4 that showed $20.5 billion in sales and a backlog of $72 billion.source → https://www.ad-hoc-news.de/boerse/news/corporate-news/caterpillar-stock-holds-firm-after-record-20-5-billion-quarter/70002007