Caterpillar Inc. (CAT)

Over the past year, Caterpillar's stock price has seen a significant increase of 169.44% as of April 10, 2026, with an 11.74% gain in the last four weeks. Key events impacting the stock price include strong Q4 2025 results, a record backlog of $51.2 billion, AI-driven power demand, dividend maintenance, and stock price fluctuations.

Caterpillar's business is cyclical, with demand tied to global development, mining activity, and infrastructure spending. The company is working to grow its services revenue to mitigate some of the cyclicality, but a global recession would still impact demand.

Caterpillar Inc. is a leading American manufacturer of construction, mining, and engineering equipment, as well as engines, turbines, and locomotives, operating primarily within the Industrials sector. Its major products and services are categorized into Construction Industries, Resource Industries, Energy & Transportation, and Financial Products.

Caterpillar Inc. has an extensive global presence, headquartered in Irving, Texas, with over 500 locations worldwide. It operates more than 100 manufacturing facilities across 25 countries, with significant hubs in the U.S., Brazil, China, India, and the UK. Its network includes 161 independent dealers covering more than 190 countries, with more than half of the company's sales generated outside of the United States.

Caterpillar's brand value has increased by 6% from 2024. The company has a long-standing reputation and has positioned itself as a beneficiary of the AI infrastructure build-out, announcing expanded AI collaborations and unveiling its Cat AI Assistant at CES 2026.

Caterpillar Inc. has substantial institutional ownership, with 3,576 institutional owners and shareholders holding approximately 55.24% of the company. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and State Street Corp, among others.