New York, Feb 14, 2026, 11:33 EST — Market closed.
- Caterpillar finished Friday with shares up 2.1%, settling at $774.20.
- Group President Jason Kaiser unloaded 1,690 shares, according to a Form 4 filing.
- CFO Andrew Bonfield takes the spotlight at a conference on Feb. 18.
Caterpillar stock finished Friday 2.1% higher at $774.20, sticking close to recent highs despite a fresh insider-trading filing revealing a senior executive had offloaded shares.
This shift is notable: Caterpillar’s stock, now a heavily trafficked bet on industrial strength, reacts sharply even to subtle cues—think insider trades or minor changes in what executives say.
U.S. stocks are closed for the weekend, but traders are already eyeing the coming week. The company’s finance chief is set to speak publicly—a venue where even a stray remark about costs or order flow could jolt the tape.
Group President Jason Kaiser unloaded 1,690 shares of Caterpillar on Feb. 12, fetching $776.70 apiece, according to a U.S. securities filing. The document notes the transaction was carried out under a Rule 10b5-1 plan, which lets insiders schedule share sales in advance. (SEC)
Form 4s flag insider trades—these filings don’t reveal an executive’s motives, but when a stock’s already stretched, those disclosures can hit sentiment hard.
Caterpillar’s rally has been fueled by data-center expansion and a push for more power systems. Back in late January, the company pointed to growing orders for its “prime power” generators—big units meant for nonstop electricity—but flagged roughly $2.6 billion in tariffs looming for 2026. Jefferies’ Stephen Volkmann noted at the time that while sales outperformed expectations across divisions, tariff pressure squeezed margins for the quarter. (Reuters)
Now, the key issue: can that power and energy boost continue to balance out weaker spots, with customers eyeing financing costs and project schedules?
Still, the bullish scenario isn’t without its headwinds. Tariff expenses bite into margins quickly, while construction and mining equipment orders are closely tied to swings in commodity prices and project starts. If data-center spending falters, that pillar supporting the stock could come under strain.
On Feb. 18, CFO Andrew Bonfield is on deck at a Barclays industrial conference, where investors are keen to catch any updates—pricing, supply chain talk, maybe some insight into order flow. (investors.caterpillar.com)
No trading for U.S. markets on Monday due to Washington’s Birthday, so Caterpillar shares won’t get their next chance to respond to news until Tuesday’s opening bell. (nyse.com)
