Caterpillar (CAT) Stock Near Record Highs as Big Investors Shuffle Positions – All the Key News on November 29, 2025
Caterpillar shares closed near $577 on November 28, just below their 12-month high, giving the company a $269 billion market cap. New 13F filings show West Family Investments raised its stake by 30% in Q2, while Norges Bank disclosed a new position of over 5.5 million shares. CAT stock is up about 60% in 2025, leading the Dow Jones. The stock trades at roughly 29–30 times trailing earnings.