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Caterpillar ( (CAT) ) has issued an announcement.
On January 6, 2026, Caterpillar’s board announced that Executive Chairman and former CEO D. James Umpleby III will retire from the board effective April 1, 2026, after a 45-year career with the company, and that current CEO Joseph E. Creed will assume the additional role of chairman on that date as the board shrinks from ten to nine members. As part of the same leadership reshuffle, long-time director Debra L. Reed-Klages will continue in an enhanced governance role as lead independent director following the board’s decision to rename the presiding director position, underscoring continuity in oversight as Caterpillar transitions to new board leadership after Umpleby’s long tenure shaping its growth strategy and shareholder value creation.
The most recent analyst rating on (CAT) stock is a Hold with a $555.00 price target. To see the full list of analyst forecasts on Caterpillar stock, see the CAT Stock Forecast page.
Spark’s Take on CAT Stock
According to Spark, TipRanks’ AI Analyst, CAT is a Outperform.
Caterpillar’s strong financial performance and positive earnings call are the most significant factors driving the stock score. While technical indicators show bullish momentum, potential overvaluation and high debt levels are notable risks. The company’s strategic focus on growth in key segments and mitigating tariff impacts supports a positive outlook.
To see Spark’s full report on CAT stock, click here.
More about Caterpillar
Caterpillar Inc., with 2024 sales and revenues of $64.8 billion, is the world’s leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Operating globally across Construction Industries, Resource Industries and Energy & Transportation, and offering financing through its Financial Products segment, the company focuses on infrastructure, resource and energy markets while positioning its product portfolio around efficiency and a reduced-carbon future.
Average Trading Volume: 2,746,781
Technical Sentiment Signal: Buy
Current Market Cap: $288.3B
Learn more about CAT stock on TipRanks’ Stock Analysis page.