Caterpillar Finalizes $2 Billion Senior Notes Sale

An announcement from Caterpillar ( (CAT) ) is now available.

On May 12, 2025, Caterpillar Inc. finalized an Underwriting Agreement with several underwriters for the sale of $2 billion in senior notes, which closed on March 15, 2025. The proceeds from these notes, due in 2035 and 2055, will be used for general corporate purposes, potentially including debt repayment, and are part of Caterpillar’s strategy to manage its financial obligations and strengthen its market position.

The most recent analyst rating on (CAT) stock is a Hold with a $415.00 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 overall stock score reflects a strong financial foundation, with robust cash flow and reasonable valuation. However, caution is advised due to technical indicators suggesting potential short-term volatility. The mixed earnings results highlight strengths in backlog growth and Energy & Transportation, but challenges in sales decline pose risks. Management’s focus on shareholder returns and cost management will be key to future performance.

To see Spark’s full report on CAT stock, click here.

More about Caterpillar

Caterpillar Inc. is a leading company in the heavy machinery and equipment industry, known for manufacturing construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives.

Average Trading Volume: 3,009,424

Technical Sentiment Signal: Buy

Current Market Cap: $165.8B

For an in-depth examination of CAT stock, go to TipRanks’ Stock Analysis page.