Stock market today: Stocks fall as investors rotate out of tech into Jackson Hole
Director Susan C. Schwab of Caterpillar INC (NYSE:CAT) sold 2,324 shares of common stock on August 15, 2025. The shares were sold at a price of $410.00, for a total transaction value of $952,840. The sale comes as Caterpillar, a prominent player in the machinery industry with a market capitalization of $194 billion, trades near its 52-week high of $441.15. According to InvestingPro analysis, the stock currently appears to be trading above its Fair Value.
Following the transaction, Schwab directly owns 6,917 shares of Caterpillar INC. The company has maintained dividend payments for 55 consecutive years and currently offers a dividend yield of 1.46%. InvestingPro subscribers have access to 12 additional exclusive insights about CAT’s financial health and growth prospects through detailed Pro Research Reports.
In other recent news, Caterpillar has been at the center of several notable developments. The company announced the issuance of $1.45 billion in new debt securities through Caterpillar Financial Services Corporation, comprising both floating and fixed-rate notes due in 2028. This move follows Caterpillar’s second-quarter earnings report, which indicated strong demand across its business segments, prompting Bernstein to raise its price target to $447.00, maintaining a Market Perform rating. Additionally, DA Davidson adjusted its price target on Caterpillar to $408.00, citing concerns over tariffs impacting the company’s margins. Evercore ISI upgraded Caterpillar’s stock rating from In Line to Outperform, highlighting the company’s resilience in construction equipment margins. In another significant development, Caterpillar secured an agreement to supply power generation equipment for a large data center project in Utah. This project, developed by Joule Capital Partners (WA:CPAP), will begin construction in 2026. These recent updates reflect a dynamic period for Caterpillar, with various factors influencing its market positioning.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.