CAT · News · 20260912N
Power Generation and Data Centers
CATERPILLAR INC · 2026-09-12 · Importance 51 · Surprise 60
At a Wells Fargo Securities event, Caterpillar Chairman and CEO Joe Creed said demand began 2026 strongly across the company’s three operating segments. He attributed support to power-generation activity, construction-equipment sales and improving orders in resource industries, with data-center power demand contributing to expansion. The report said Caterpillar raised its 2030 revenue-growth target earlier in 2026, but the specific target was not provided in the digest.
Key facts
- NEOS Investment Management LLC grew its holdings in Caterpillar Inc. by 11.6% during the second quarter and owned 75,223 shares after purchasing an additional 7,840 shares, according to its most recent 13F filing. source
- Caterpillar said it has started 2026 with strong demand across its three operating segments, supported by power-generation activity, construction equipment sales and improving orders in resource industries. source
- Concurrent Investment Advisors LLC bought an additional 5,425 shares of Caterpillar Inc., growing its position by 13.3% to own 46,157 shares, according to its most recent 13F filing. source
- B. Metzler seel. Sohn and Co. AG increased its position in Caterpillar Inc. by 4.3% and owned 62,731 shares after acquiring an additional 2,590 shares, according to its most recent SEC filing. source