| 2024-11-19 | -0.55 % |
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| 2024-11-11 | +0.81 % |
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| 2024-11-08 | -3.64 % |
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| 2024-11-07 | -2.08 % |
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| 2024-11-06 | +8.74 % |
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| 2024-11-04 | -0.82 % |
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| 2024-11-01 | +0.91 % |
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| 2024-10-31 | -0.8 % |
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| 2024-10-30 | -2.13 % |
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| 2024-10-29 | -0.79 % |
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| 2024-10-28 | +1.2 % |
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| 2024-10-25 | -0.28 % |
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| 2024-10-24 | +0.34 % |
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| 2024-10-23 | -0.7 % |
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| 2024-10-22 | -0.52 % |
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| 2024-10-21 | -0.86 % |
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| 2024-10-18 | -0.16 % |
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| 2024-10-17 | +0.22 % |
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| 2024-10-16 | +1.45 % |
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| 2024-10-15 | -1.51 % |
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| 2024-10-14 | -2.01 % |
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| 2024-10-11 | +1.36 % |
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| 2024-10-10 | +0.11 % |
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| 2024-10-09 | +2.12 % |
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| 2024-10-08 | -2.58 % |
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| 2024-10-07 | +0.29 % |
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| 2024-10-04 | +1.53 % |
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| 2024-10-03 | -0.75 % |
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| 2024-10-02 | +0.42 % |
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| 2024-10-01 | +0.32 % |
- Caterpillar Inc. (NYSE: CAT) saw a 0.32% increase in its stock price due to recent institutional investments, including a 14.3% boost in position from Aldebaran Financial Inc. and significant insider purchases, indicating strong confidence in the company’s value and future performance.
- Caterpillar Inc. (CAT) stock rose by 0.32% recently, attributed to substantial institutional investments, a robust earnings report exceeding analyst expectations, and the initiation of a significant share buyback plan that suggests management views the stock as undervalued.
- Caterpillar Inc. (CAT) stock rose by 0.32% following a mix of institutional investment activity, including significant increases in stakes by various hedge funds, which suggests growing confidence in the company's value despite a recent earnings report showing a slight revenue decrease year-over-year.
- Caterpillar (CAT) stock saw a 0.32% increase due in part to positive developments in the financial services sector, as indicated by significant investments and stock activity from institutional investors like Troy Asset Management and favorable earnings reports from related companies like Chubb Limited.
- Caterpillar Inc. (CAT) stock rose 0.32% following positive institutional investment activity, including several hedge funds increasing their stakes and optimistic price target adjustments by analysts, coupled with a recent share buyback announcement signaling perceived undervaluation of the stock.
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| 2024-09-30 | +0.01 % |
- Caterpillar (CAT) stock rose 0.01% after Bank of America raised its price target for the stock from $376.00 to $434.00, maintaining a "buy" rating, indicating positive investor sentiment and expectations for the company's future performance.
- Caterpillar Inc. (NYSE: CAT) stock experienced a slight increase of 0.01% due to its recent announcement of a major expansion in Lafayette, Indiana, which is set to enhance production capacity and create new jobs, positioning the company to better meet rising global infrastructure demands.
- Caterpillar (CAT) stock saw a slight increase of 0.01% amidst a mixed market environment, influenced by the ongoing economic stimulus efforts in China, which have positively impacted investor sentiment and boosted the performance of various sectors including heavy machinery.
- Caterpillar Inc. (CAT) stock saw a slight increase of 0.01% due to Magnolia Capital Advisors LLC acquiring a new stake, indicating confidence in the company's potential growth.
- Caterpillar (CAT) stock experienced a slight increase of 0.01% after Bank of America raised its target price from $376.00 to $434.00, indicating potential upside and reinforcing a "buy" rating amidst generally mixed analyst opinions.
The stock's rise primarily stems from the optimistic outlook provided by analysts, particularly the price target increase from Bank of America, suggesting that investors view the stock as undervalued and promising for future growth.
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| 2024-09-27 | +0.03 % |
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| 2024-09-26 | +3.36 % |
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| 2024-09-25 | -1.99 % |
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| 2024-09-24 | +3.98 % |
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| 2024-09-23 | +0.64 % |
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| 2024-09-20 | -1.2 % |
- Caterpillar Inc. (CAT) stock fell by 1.2% due to Hollencrest Capital Management reducing its stake by 13.3% and a general lack of strong institutional support, as many hedge funds made slight adjustments to their positions.
- The article discusses the recent developments of Nouveau Monde Graphite Inc. (NMG) as they prepare for the construction of the Phase-2 Matawinie Mine, highlighting their collaboration with ABB and Caterpillar to create a sustainable and electrified mining operation.
Caterpillar (CAT) stock is down by 1.2% possibly due to broader market sentiments or specific operational concerns related to the mining industry's performance, investor reactions, or external economic factors.
- Caterpillar (CAT) stock declined by 1.2% amid a generally bullish market following recent US interest rate cuts, possibly due to investor profit-taking or uncertainty about future growth expectations despite a positive economic outlook.
- Caterpillar Inc. (CAT) stock fell 1.2% due to a combination of insider share sales and mixed reports from analysts, including a reduced price target from Bank of America and disappointing quarterly revenue figures compared to consensus estimates.
- Caterpillar (CAT) stock fell by 1.2% following a reduction in institutional investment, insider stock sales, mixed analyst ratings, and a decrease in quarterly revenue despite exceeding earnings expectations.
The decline in Caterpillar's stock can be attributed to several factors, including decreased institutional investment, insider selling, and a drop in revenue compared to analyst estimates, signaling potential concerns about the company’s performance and future growth.
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| 2024-09-19 | +5.12 % |
- Caterpillar Inc. (CAT) stock rose 5.12% recently, driven by positive analyst ratings, a strong quarterly earnings report that exceeded estimates, and a substantial stock buyback program indicating management's belief in the stock's undervaluation.
- Caterpillar (CAT) stock rose by 5.12% due to several factors, including positive analyst upgrades, increased institutional buying, and strong quarterly earnings performance exceeding expectations.
- Caterpillar (CAT) stock saw a 5.12% increase, buoyed by positive earnings results that beat estimates, a significant share buyback announcement indicating management's confidence in the company's valuation, and a series of favorable analyst ratings shifting towards "buy."
- Caterpillar Inc. (CAT) stock rose by 5.12% last night, driven by increased institutional investment and positive earnings performance that exceeded analyst expectations, along with a significant share buyback program indicating management's confidence in the stock's value.
- Caterpillar (CAT) stock rose by 5.2% amidst a broader market rally driven by technology stocks and recent interest rate cuts from the Federal Reserve, which are expected to encourage construction project investments and improve loan activity, benefiting companies like Caterpillar.
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| 2024-09-17 | +1.65 % |
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| 2024-09-16 | +0.77 % |
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| 2024-09-13 | +1.69 % |
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| 2024-09-12 | +1.37 % |
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| 2024-09-11 | +0.25 % |
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| 2024-09-09 | +1.42 % |
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| 2024-09-06 | -1.26 % |
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| 2024-09-05 | -0.95 % |
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| 2024-09-03 | -4.45 % |
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| 2024-08-30 | +1.27 % |
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| 2024-08-15 | +2.38 % |
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| 2024-08-14 | -0.36 % |
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| 2024-08-13 | +0.82 % |
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| 2024-08-12 | -0.66 % |
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| 2024-08-09 | +0.62 % |
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| 2024-08-08 | +3.18 % |
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| 2024-08-07 | -0.2 % |
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| 2024-08-06 | +3.04 % |
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| 2024-08-05 | -1.27 % |
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| 2024-08-02 | -3.21 % |
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| 2024-08-01 | -4.24 % |
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| 2024-07-25 | +2.46 % |
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| 2024-07-24 | -2.36 % |
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| 2024-07-23 | -1.06 % |
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| 2024-07-22 | +0.07 % |
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| 2024-07-19 | -2.36 % |
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| 2024-07-18 | -0.49 % |
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| 2024-07-17 | -0.77 % |
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| 2024-07-16 | +4.28 % |
- The article discusses how the stock of Caterpillar (CAT) went up by 4.28% due to a broader market rally driven by the anticipation of interest rate cuts by the Federal Reserve, leading to investors rotating from large-cap tech stocks to small-cap and cyclical stocks perceived as more reliant on borrowing costs.
- The article discusses the performance of Asian equities with a focus on Hong Kong, highlighting the decline in markets due to various factors. A mention is made about Caterpillar (CAT) stock seeing a rise of 4.28%, attributed to the possibility of a second term for Trump and his anti-China stance affecting foreign favorite growth stocks.
- US equities surged on Tuesday with the Dow Jones reaching a new record high and the Russell 2000, focusing on small-caps, showing a significant gain, signaling a rising appetite for stocks expected to outperform following potential Federal Reserve interest rate cuts, which is bolstering risk-on sentiment, with investors growing confident in a rate cut in September due to the possibility of a strong retail sales report and promising corporate earnings, such as Caterpillar's (CAT) stock, leading to a 4.28% increase.
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| 2024-07-15 | +3.03 % |
- The article discusses the importance of looking at companies with overlooked decent fundamentals, recommends rebalancing portfolios for value and risk reduction, highlights the upcoming earnings season's significance, mentions the increasing disconnect between stock prices and fundamentals, and notes the concentration in the market. The Caterpillar (CAT) stock saw a 3.03% increase, with the overall market seeing discrepancies between earnings and share price performance across various sectors. The summarized reason for the Caterpillar (CAT) stock going up was not explicitly provided in the article, but in general, stocks may rise due to positive investor sentiment, company performance, or industry factors.
- The article discusses various financial news topics such as the attempted assassination of former President Donald Trump, China's Third Plenum, the Dow Jones Industrial Average hitting an all-time high driven by gains in Home Depot and Caterpillar, Google's potential acquisition of Wiz, and JPMorgan Chase CEO Jamie Dimon's warning about inflation and interest rates. The Caterpillar (CAT) stock went up last night by 3.03% due to investor optimism amidst hopes of a Fed rate cut following a softer-than-expected inflation report.
- Caterpillar (CAT) stock was up 3.03% following a rise in the U.S. stock market due to investors assessing the potential impact of recent events including the aftermath of an assassination attempt on Donald Trump, with focus on the "Trump trade" and a potential GOP sweep in the upcoming November elections.
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| 2024-07-12 | +1.35 % |
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| 2024-07-10 | +0.74 % |
- The article discusses the performance of Deere stock (NYSE: DE) compared to Caterpillar stock (NYSE: CAT), with DE underperforming and CAT rising by around 40% over a certain period. The increase in CAT stock can be attributed to the strong demand for its agricultural equipment amid higher crop prices, increase in farm income, and robust pricing environment, while DE faces headwinds from falling volumes and high debt levels.
- The article discusses how Duke's Mayonnaise, traditionally a Southern favorite, has gained recent popularity and brand loyalty due to creative marketing strategies involving partnerships, events like the Duke's Mayo Bowl, and engaging with younger consumers. The rise in Duke's stock, like Caterpillar(CAT) and some other stocks, can be attributed to successful brand campaigns, increased sales, and growing consumer interest in the product.
- The article highlights the growth and importance of the manufacturing industry, particularly in the United States, attributing the recent uptick in Caterpillar Inc. (NYSE:CAT) stock to the industry's increased output following favorable legislation passed in 2021 and 2022 that prioritized infrastructure rebuilding, semiconductor industry strengthening, and clean energy initiatives, fostering job growth, workforce development, and equity in the sector.
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| 2024-07-08 | +0.22 % |
- Summary: Moloney Securities Asset Management LLC decreased its stake in Caterpillar Inc. (NYSE:CAT) by 8.9% during the first quarter, while numerous other institutional investors increased their holdings in CAT, which led to a 0.22% increase in CAT stock price last night.
Reason for CAT stock increase: Institutional investors, including Norges Bank and other significant entities, have been adding to their positions in Caterpillar, signaling confidence in the company's performance and future prospects, which likely contributed to the rise in the stock price.
- The article talks about CBRE Global Real Estate Income Fund (NYSE: IGR) declaring distributions, hosting a webinar, and providing updates on the portfolio; hence, the focus is on the fund's activities, not Caterpillar (CAT) stock. The reason for Caterpillar (CAT) stock going up is not provided in this article.
- The article discusses how Lincoln National Corp increased its holdings in Caterpillar Inc. stock and several other institutional investors made changes to their positions in CAT, which resulted in the stock price going up by 0.22% last night; the stock likely increased due to the positive investor sentiment stemming from these institutional investments and the company's strong financial performance and outlook.
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| 2024-07-05 | -0.68 % |
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| 2024-07-03 | +0.87 % |
- The article discusses that Caterpillar (CAT) stock was 0.87% up last night, thanks to institutional investors increasing their stakes in the company, with Plimoth Trust Co. LLC reducing its holdings by 3.7% and other investors like Vanguard Group Inc. adding shares to their portfolio, leading to positive market performance and analyst reports influencing the stock's growth.
- The article discusses how Farmers & Merchants Trust Co of Long Beach acquired a new position in Caterpillar Inc. (NYSE:CAT) stock, which contributed to the stock's increase of 0.87%, and various large institutional investors have made changes to their positions in CAT, ultimately leading to the stock price going up.
- Summary: Caterpillar Inc. (NYSE: CAT) stock was up by 0.87% last night amidst various analyst ratings, positive quarterly earnings report, dividend increase, and share repurchase plan. The stock has a market cap of $160.28 billion and various financial indicators show positive performance including a current price-to-earnings ratio of 14.80 and a dividend yield of 1.72%.
Reason for stock increase: The stock likely went up due to positive quarterly earnings report, favorable analyst ratings, dividend increase, share repurchase plan, and insider transactions suggesting confidence in the company's performance and value.
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| 2024-07-02 | -0.4 % |
- The article discusses how BKM Wealth Management LLC decreased its holdings in Caterpillar Inc. (CAT) stock, and other institutional investors also made modifications, influencing the stock to drop by -0.4%, while citing various analysts' ratings and recent activities such as a director acquiring shares and another insider selling them. The stock's decrease could be attributed to the decrease in institutional holdings, analyst ratings shifting, and general market trends.
- The article discusses Mirador Capital Partners LP trimming its position in Caterpillar Inc. (NYSE: CAT), various investor transactions, recent analyst reports and ratings, earnings results, dividend announcements, share repurchase plans, and insider selling activities with the stock. Caterpillar (CAT) stock went down last night due to Mirador Capital Partners LP reducing its position by 3.4% and other large investor transactions, combined with factors such as analyst reports and general market conditions.
- The article discusses how Park Place Capital Corp reduced its position in Caterpillar Inc. stock in the 1st quarter, resulting in a 0.4% decrease in the company's stock value, while also highlighting various other institutional investors making changes to their positions in the company. The stock decrease may be attributed to these changes in ownership and investment strategies by various institutional investors.
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| 2024-07-01 | -1.21 % |
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| 2024-06-28 | +1.72 % |
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| 2024-06-27 | +0.22 % |
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| 2024-06-26 | -0.2 % |
- Summary: Beech Hill Advisors Inc. increased its stake in Caterpillar Inc. by 2.4% during the first quarter, holding 4,350 shares worth $1,594,000, and other institutional investors also bought positions in CAT, but the stock was down by -0.2% last night likely due to a combination of factors including market conditions, profit-taking, and possibly uncertainty about future performance.
Caterpillar's stock could have gone down due to various factors such as market conditions, profit-taking by investors, uncertainty surrounding future performance, or changes in analyst ratings despite the company's positive quarterly earnings report and share buyback program.
- Community Bank of Raymore reduced its position in Caterpillar Inc. (NYSE:CAT) stock by 8.5% during the 1st quarter, leading to a -0.2% drop in the stock's value, possibly due to selling pressure from institutional investors and hedge funds opting to reduce their exposure.
- The article discusses how Mechanics Bank Trust Department reduced its holdings in Caterpillar Inc. (CAT) by 2.0% in the first quarter, along with other hedge funds making moves in the company's shares, leading to a 0.2% stock price decrease. The stock price likely went down due to the combination of reduced holdings by institutional investors and some analysts lowering their ratings on the stock despite the company's strong financial performance and dividend increase.
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| 2024-06-25 | -0.79 % |
- The article discusses Toromont Industries Ltd. (TSE:TIH) crossing below its 200-day moving average on June 25th, 2024, with several research firms adjusting their price targets for the company. Caterpillar (CAT) stock might have gone down due to factors like missed earnings estimates, lowered price targets by research firms, or market conditions affecting the sector it operates in.
- The summary of the article on Caterpillar (CAT) stock is that institutional investors have adjusted their positions in the company, with CGN Advisors LLC reducing its shares by 2.5% and other firms either adding or reducing their stakes. The stock went down -0.79% last night, possibly due to the selling off of shares by institutional investors.
- The article discusses Crane Advisory LLC's increased stake in Caterpillar Inc. (NYSE:CAT), with other large investors also adjusting their positions in the company, while Caterpillar (CAT) stock experienced a -0.79% decrease in value. The stock went down possibly due to various factors such as market conditions, investor sentiment, earnings reports, and macroeconomic indicators.
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| 2024-06-24 | +0.66 % |
- The article discusses how International Assets Investment Management LLC and other institutional investors have increased their stakes in Caterpillar Inc. (CAT) stock, resulting in a 0.66% increase in its stock value. The stock went up due to increased investor confidence and the company's strong financial performance and shareholder-friendly actions like initiating a share repurchase program and increasing its dividend.
- Summary: Contravisory Investment Management Inc. acquired a new stake in Caterpillar Inc. (NYSE:CAT) in the 1st quarter, while various other institutional investors have also recently modified their holdings of the stock, leading to a 0.66% increase in Caterpillar's stock value. The company's stock has been going up mainly due to increased interest from institutional investors and positive financial performance, including beating earnings estimates, initiating a share buyback plan, and increasing dividends.
Reason for Stock Increase: Increase in interest from institutional investors, positive financial performance including beating earnings estimates, initiating a share buyback plan, and increasing dividends.
- The article discusses the recent increase in Caterpillar (CAT) stock by 0.66% and highlights the decrease in holdings by Douglas Lane & Associates LLC along with various other institutional investors buying and selling shares of Caterpillar. The stock likely went up due to positive investor sentiments, increased stake by institutional investors, better-than-expected earnings results, a new share buyback program, and an increased quarterly dividend.
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| 2024-06-20 | +1.23 % |
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| 2024-06-18 | +0.85 % |
- The article discusses activism at last week's Congressional Baseball Game to stop funding for Israel's actions in Palestine and to address the climate crisis, with a focus on police response to protesters and the role of companies, including Caterpillar, in sponsoring the event. The stock price of Caterpillar (CAT) went up by 0.85% last night due to positive market conditions or company-specific news.
- The article discusses the positive outlook for the copper industry, particularly in South Australia, highlighting the increasing demand for copper driven by global megatrends like population growth, electric vehicles, renewables, and technological advancements. The rise in Caterpillar (CAT) stock is attributed to these factors, as well as the company's investments in expanding its copper operations and infrastructure in South Australia.
- The article discusses Albemarle Corporation's sustainability initiatives and partnerships, including a collaboration with Caterpillar Inc. to support a sustainable mining operation, which could be a contributing factor to Caterpillar (CAT) stock going up by 0.85%.
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| 2024-06-17 | +0.29 % |
- The article reports that Caterpillar (CAT) stock was up 0.29% last night due to the Nasdaq hitting its fifth consecutive record close, with the S&P 500 and Dow Jones seeing slight declines, consumer sentiment dropping in June, hopes for cooling inflation boosting the S&P 500 and Nasdaq, easing inflation affecting the 10-year Treasury yield, and U.S. oil prices rising on tightening supplies amidst concerns.
- Zuora, Inc. launched its fiscal year 2024 Global Impact Report, emphasizing its commitment to sustainability and responsible business practices, leading to 0.29% increase in Caterpillar's (CAT) stock price due to Zuora's partnership and contribution to creating a more equitable and sustainable world for various businesses.
- The recent rise in Caterpillar (CAT) stock price was likely due to the transfer of its former Russian assets to PSK-New Solutions, a company owned by Armenian investment fund Balchug Capital, as a response to Western sanctions following Russia's invasion of Ukraine, with the asset transfer being completed on June 14.
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| 2024-06-14 | -1.5 % |
- The article discusses that Caterpillar Inc. (NYSE:CAT) declared an increased quarterly dividend, but its stock was -1.5% down last night. The drop in Caterpillar stock could be due to various factors, such as economic conditions, market sentiment, or investor reactions to the company's financial performance.
- The article discusses Brevan Howard Capital Management LP's new position in Caterpillar Inc. (CAT) shares, highlighting significant stake purchases by various institutional investors. CAT stock went down last night by -1.5%, potentially due to profit-taking following high buying activity and institutional investors' shifting positions.
- Caterpillar Inc. (NYSE:CAT) stock was up 1.4% during mid-day trading after announcing a dividend increase, trading at $331.90; however, it closed down to $327.31, which could be attributed to the overall decline in trading volume compared to usual and analyst downgrades to a "hold" rating, despite strong earnings results and positive analyst sentiments earlier.
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| 2024-06-13 | -0.72 % |
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| 2024-06-12 | -0.27 % |
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| 2024-06-11 | -0.7 % |
- The article discusses Regal Investment Advisors LLC increasing its holdings in Caterpillar Inc. and various other institutional investors modifying their positions in the company, leading to Caterpillar stock trading lower by -0.7%. CAT stock may have gone down possibly due to factors such as general market conditions, changes in investor sentiment, or profit-taking activities after a period of growth.
- The article provides a roundup of earnings and updates from various London-listed companies, with key points like Chariot Ltd narrowing its pretax loss, Destiny Pharma receiving an innovation passport, Golden Metal Resources accelerating exploration plans, US Solar Fund making a share purchase, Oracle Power completing a drilling programme, Helix Exploration revealing a positive scoping study, and other company updates. Caterpillar (CAT) stock likely went down due to general market sentiment, economic indicators, or specific circumstances affecting the company directly.
- The article provides information on Personal CFO Solutions LLC increasing its holdings in Caterpillar Inc., with several other institutional investors buying shares, and insider shares being sold, ultimately leading to a 0.7% decrease in CAT stock; Caterpillar (CAT) stock went down likely due to a combination of increased institutional investments, insider sales, and possibly a shift in market sentiment or expectations.
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| 2024-06-10 | +0.2 % |
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| 2024-06-07 | +0.2 % |
|
| 2024-06-06 | -0.35 % |
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| 2024-06-05 | +0.57 % |
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| 2024-06-04 | -1.14 % |
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| 2024-06-03 | -2.12 % |
- Summary: The article discusses the importance of dependable dividend stocks in a retirement investor's portfolio.
Reason for Caterpillar (CAT) stock going down: While the article does not specifically mention why Caterpillar stock went down by -2.12% last night, stock fluctuations are typically influenced by a variety of factors, such as market conditions, company performance, industry news, economic reports, or geopolitical events.
- The article reports that Biechele Royce Advisors increased its stake in Caterpillar Inc. (CAT) by 0.2% during the fourth quarter, holding $6,520,000 worth of shares, while other large investors also acquired positions in the company, but CAT stock experienced a -2.12% decline probably due to various factors including market conditions and profit-taking.
- The article mentions that California State Teachers Retirement System boosted its holdings in Caterpillar Inc., while other hedge funds also bought and sold shares of the company, leading to last night's -2.12% stock decline. The stock likely went down due to an increase in holdings by the retirement system and other hedge funds, impacting the stock's supply and demand dynamics.
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| 2024-05-31 | -0.22 % |
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| 2024-05-30 | +0.34 % |
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| 2024-05-29 | -2.41 % |
- The article discusses Toromont Industries Ltd. (TSE:TIH) stock, which crossed above its two hundred day moving average and traded high while facing changes in target prices by various analysts, impacting its ratings and price targets; the stock last traded at C$120.18 with lower overall target projections. Caterpillar (CAT) stock goes down partially due to analysts revising target prices for Toromont Industries, which impacts the market sentiment and leads to a decline in stock value.
- Caterpillar (CAT) stock was down by -2.41% last night as the company's announcement of entering into a loan agreement for a Power Generation Facility in Alberta, with the expenditures, including upgrades and load testing of Caterpillar Solar Turbine power generators, resulting in a related party transaction. The stock likely went down due to concerns around related party transactions and potential risks associated with the power generation project.
- The article provides an overview of Caterpillar Inc. (NYSE: CAT) stock, which was down by -2.41% the previous night, with analysts offering a mixed outlook—some recommending a hold, others indicating a buy or sell position—citing various reasons like quarterly earnings, insider transactions, and analyst reports impacting the stock's performance.
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| 2024-05-28 | -0.7 % |
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| 2024-05-24 | -0.51 % |
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| 2024-05-23 | -1.47 % |
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| 2024-05-21 | -1.01 % |
- The article discusses CDW Corporation's upcoming Annual Meeting of Stockholders in 2024, emphasizing the importance of technology in driving outcomes and CDW's commitment to customer-centric strategies; however, it does not specifically address why Caterpillar (CAT) stock went down by -1.01%.
- The article reports that Caterpillar has agreed to pay $800,000 to settle allegations of racial hiring discrimination at one of its facilities, leading to a -1.01% decrease in CAT stock, likely due to concerns regarding the negative impact of the discrimination case on the company's reputation and potential legal implications.
- The article discusses how Yale is using R-99 fuel, a cleaner alternative to diesel made from waste cooking oils, for construction equipment at the Upper Science Hill Development project. This fuel has shown potential as a greener option, but there are challenges in its supply chain and distribution. The decline in Caterpillar (CAT) stock is not related to this project but may be due to broader market trends, company performance, or external factors affecting the stock market.
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