- Caterpillar Inc. (NYSE:CAT) receives a “Buy” rating from Bank of America Securities, reflecting confidence in its growth prospects.
- The stock price shows a positive trend, with a current increase of $4.73 or 1.37%, indicating investor optimism.
- Caterpillar celebrates its 100th anniversary with a limited-edition boot collection, highlighting its significant contributions to global infrastructure.
Caterpillar Inc. (NYSE:CAT) is a leading manufacturer of construction and mining equipment, diesel and natural gas engines, and industrial gas turbines. The company has a significant impact on global infrastructure, contributing to major projects like the Golden Gate Bridge and the Apollo 11 Moon Landing. Caterpillar competes with companies like Komatsu and John Deere in the heavy machinery industry.
On June 3, 2025, Bank of America Securities reiterated its “Buy” rating for Caterpillar, maintaining a bullish outlook. The stock price at the time was $349.40, as highlighted by Benzinga. The decision was influenced by the “surprisingly durable” U.S. economy and global momentum, which are expected to support Caterpillar’s growth.
Caterpillar’s stock price reflects a positive trend, with a current increase of $4.73 or 1.37%. The stock has fluctuated between $344.92 and $350.83 during the day. Over the past year, CAT has seen a high of $418.50 and a low of $267.30, indicating significant volatility. The company’s market capitalization stands at approximately $164.33 billion.
In celebration of Caterpillar’s 100th anniversary, Cat Footwear, a division of Wolverine World Wide, Inc., launched a limited-edition boot collection. This collection honors Caterpillar’s contributions to global infrastructure, including the Golden Gate Bridge and the Apollo 11 Moon Landing. Each boot serves as a tribute to these monumental achievements.
Today’s trading volume for CAT is 2,613,068 shares, reflecting investor interest in the stock. Caterpillar’s century-long impact on infrastructure and its current market performance highlight its significance in the industry. The company’s ability to adapt to global economic conditions supports its continued growth and success.