Caterpillar Inc. (CAT)

Caterpillar's stock has seen significant movement in the past six months. As of January 13, 2026, the stock price was $636.53, representing a 75.59% increase over the past 12 months and a 7.93% increase over the past 30 days. Recent news includes Caterpillar's participation in CES 2026, showcasing advancements in industrial AI and autonomy, and a collaboration with NVIDIA to integrate AI and robotics into heavy industry. In early January 2026, Caterpillar named CEO Joe Creed as Chairman of the board of directors. In the third quarter of 2025, Caterpillar reported a 4% year-over-year decline in adjusted earnings per share and a significant drop in operating profit within its construction and resource segments, attributed to rising tariff costs and unfavorable pricing.

Demand for Caterpillar's products and services can exhibit seasonality, influenced by factors such as construction cycles, mining activity, and energy sector demands. Construction activities can slow down during winter months in certain regions. Historical data can be used to identify seasonal patterns in stock returns, suggesting that demand for its products may also follow some recurring trends throughout the year. The company's diverse product portfolio helps to mitigate some of these seasonal impacts.

Caterpillar Inc. is a global leader in manufacturing construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives, operating primarily within the Industrials sector. Founded in 1925 and headquartered in Irving, Texas, Caterpillar's products include heavy equipment like excavators, bulldozers, and loaders, as well as engines, generator sets, and industrial gas turbines. The company also provides financial services, insurance, maintenance, and training, with brands including Cat, Perkins Engines, Solar Turbines, and Progress Rail.

Caterpillar has an extensive global presence, serving customers on every continent with over 500 facilities worldwide. The United States is where Caterpillar employs the most people, with more than 65 key locations across 25 states and dealers nationwide. The company's operations are broadly categorized into "Inside United States" and "Outside United States" regions. Caterpillar also has manufacturing facilities in countries such as India and China.

Caterpillar's brand reputation has been shaped by its commitment to innovation, sustainability, and technological advancements. At CES 2026, Caterpillar showcased its focus on redefining heavy industry through data, autonomy, and AI, including the introduction of the Cat AI Assistant. The company emphasizes its role in building a more sustainable world, with efforts focused on reducing greenhouse gas emissions and helping customers achieve climate-related goals.

Caterpillar Inc. has a diverse ownership structure, with institutional investors holding a significant portion of the company’s stock. Approximately 56.29% of the stock is owned by institutional investors, while 0.19% is held by insiders, and 43.52% by public companies and individual investors. Major institutional shareholders include Vanguard Group Inc., State Street Corp, and BlackRock, Inc., with Vanguard Group Inc. frequently cited as the largest institutional owner.