From Financial Modeling Prep: 2025-06-03 21:04:00

Caterpillar Inc. (NYSE:CAT) is a renowned manufacturer of construction and mining equipment, diesel engines, and industrial gas turbines. The company has played a vital role in major global projects like the Golden Gate Bridge and the Apollo 11 Moon Landing, competing with industry giants like Komatsu and John Deere.

Bank of America Securities reaffirmed its “Buy” rating for Caterpillar on June 3, 2025, with a stock price of $349.40. The decision was influenced by the strong U.S. economy and global momentum, supporting Caterpillar’s growth prospects in the heavy machinery industry.

CAT’s stock price is on a positive trend, currently up by $4.73 or 1.37%. The stock has shown significant volatility over the past year, ranging from $267.30 to $418.50. With a market capitalization of around $164.33 billion, Caterpillar continues to attract investor interest in its performance.

In honor of its 100th anniversary, Caterpillar launched a limited-edition boot collection through Cat Footwear, celebrating its impactful contributions to global infrastructure. Each boot pays homage to iconic projects like the Golden Gate Bridge and the Apollo 11 Moon Landing, showcasing Caterpillar’s lasting legacy in the industry.



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