CAT
Caterpillar
October 7, 2026 · intraday
- Rarity
- 1.36
- Peak move
- −6.56%
- Float cap
- $401.1B
Caterpillar manufactures construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. It sells through a worldwide network of independent Cat dealers to customers in construction, mining, oil and gas, power generation, marine, rail and industrial markets. The company also provides aftermarket parts, services and equipment financing.
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What we found
13 events · 0 from SEC or newswire · 0 timed with the moveanalyst_ratingZacks Research raised its Q3 2026 EPS estimate for Caterpillar to $6.78 from $6.57 and its FY2026 estimate to $27.36, maintaining a Strong-Buy rating, in a note dated October 6, 2026.
- Key event
analyst_ratingZacks Research downgraded Caterpillar from Strong Buy to Hold in a note published October 7, 2026, removing a key bullish signal two days after Truist cut its target; Q3 results are due October 29.
notable_investor_commentJim Cramer said on the October 1 episode of Mad Money that Caterpillar's pullback after a 24% third-quarter decline could be a buying opportunity, citing its engines as a source of data center power.
- Key event
major_contractAmerican Intelligence & Power ordered 2 gigawatts of Caterpillar natural gas generator sets for its Monarch Compute Campus, with deliveries scheduled from September 2026 through August 2027.
- Key event
analyst_ratingTruist analyst Jamie Cook said Caterpillar remains one of the most debated machinery names, citing power demand exceeding expectations and the company evaluating repurposing facilities to expand backup power capacity, keeping orders and backlog strong.
insider_saleCaterpillar CEO Joseph E. Creed sold 32,401 shares at an average price of $808.98 for about $26.2 million on August 28, 2026, cutting his direct ownership by 48.39% to 34,555 shares; the Form 4 was disclosed to the SEC and reported in the October 5-6 window.
institutional_flowMassMutual Private Wealth & Trust FSB cut its Caterpillar stake by 6.1% in the third quarter, selling 2,582 shares to hold 39,941 shares worth about $32.3 million, per its latest SEC filing.
analyst_ratingTruist Securities maintained a Buy rating on Caterpillar on October 5, 2026 but lowered its price target to $1,100 from $1,225, a 10.2% reduction.
analyst_ratingZacks Research downgraded Caterpillar to a Hold rating amid a wave of analyst price-target cuts ahead of the company's third-quarter earnings report.
institutional_flowState Street's Industrial Select Sector SPDR (XLI) added 17,352 Caterpillar shares worth $14.3 million on Oct. 1, its largest purchase of the session, lifting the position to 7.09% of the fund.
reg_fd_disclosureCaterpillar plans to invest approximately $1 billion in a new Sanford, North Carolina manufacturing facility to expand Cat Compact production of compact track loaders and telehandlers, with construction starting later in 2026 and incremental capacity from 2028; Sanford/Lee County approved up to $85.5 million in incentives.
analyst_ratingMorgan Stanley strategists favored high-quality industrial names including Caterpillar, highlighting the company's record $20.5 billion second-quarter revenue, 21.9% adjusted operating margin and AI-linked power and software exposure.
peer_disclosureSamsung Electronics reportedly offered 2027 pricing for its next-generation HBM4 memory at more than three times the current HBM3E price, citing tight supply, while Broadcom reportedly planned to raise as much as $60 billion in financing for AI customers including Anthropic.