Caterpillar stock faces dealer deal at EUR 727.80
Published on 09/30/2026 at 12:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Caterpillar stock (ISIN US1491231015) was trading at EUR 727.80 at Lang & Schwarz on September 30, 2026 at 12:31 p.m. CEST, down 0.25 percent versus the prior close of EUR 729.60. The immediate company development is a planned dealer acquisition announced on September 29, 2026.
Dealer deal closes within 30 days
finanzen.ch reported that Caterpillar agreed to acquire John Fabick Tractor, a long-standing Cat dealer, on September 29, 2026. The transaction terms were not disclosed, and regulatory approval remains required before the expected closing within 30 days.
The deal strengthens Caterpillar's direct connection to customers in Missouri, Illinois, Wisconsin and Michigan's Upper Peninsula through a dealer with more than 100 years of service history. The strategic logic is operational rather than financial because the purchase price was not disclosed.
Q2 sales climbed 24 percent
According to TIKR, Caterpillar's second-quarter 2026 sales reached USD 20.5 billion, up 24 percent year over year. The same report put adjusted EPS at USD 8.17, versus a USD 6.20 consensus estimate, while the backlog increased 92 percent to USD 72 billion.
That combination gives the dealer transaction a broader operating backdrop. TIKR also reported that power-generation sales to users grew 72 percent in the quarter as data-center demand supported large generator sets and turbines, while full-year sales growth guidance moved into the mid-to-high teens.
Stock remains below its yearly high
The NYSE-listed shares were last at USD 826.64 on September 29, 2026 at 4:00 p.m. ET. The 52-week range was USD 470.24 to USD 1,073.46, and market capitalization stood at USD 380.8 billion on that date. The gap between the current U.S. quote and the yearly high keeps valuation and demand durability central to the stock story.
Caterpillar stock facts
- Company: Caterpillar Inc.
- ISIN: US1491231015
- Ticker: CAT
- Primary exchange: NYSE
- Price Lang & Schwarz (as of September 30, 2026, 12:31 p.m. CEST): EUR 727.80
- Change versus prior close: minus 0.25 percent
- Prior close Lang & Schwarz (September 29, 2026): EUR 729.60
- Market capitalization: USD 380.8 billion (as of September 29, 2026)
- 52-week range: USD 470.24-1,073.46 (as of September 29, 2026)
- Sector / Industry: Industrials / Construction Machinery
- Index membership: S&P 500 and Dow Jones Industrial Average
