Caterpillar (CAT) Stock on November 28, 2025: Institutional Buying, Options “Whales” and a Valuation Tug-of-War
Caterpillar shares closed at $575.76 on Friday, up 0.35%, with volume just over 1 million. Norges Bank disclosed a new $2.17 billion stake, while other institutions adjusted positions. Options activity turned cautious, and analysts questioned whether recent gains are justified. CAT remains a market leader, trading just below its record high.