Fourth-quarter sales and revenues were $19.1 billion , an all-time quarterly record and up 18% year over year. Creed and CFO Andrew Bonfield said results came in better than expected, primarily due to higher-than-anticipated volume in Power and Energy, where Caterpillar shipped more product than planned at year-end.Caterpillar’s backlog grew to a record $51 billion , up $21 billion , or 71% , from the prior year. Creed said “robust ordering activity across all three primary segments” contributed to the incr ...

Caterpillar Inc. (NYSE:CAT) is one of the stocks in focus as Jim Cramer shared his weekly game plan. Cramer was bullish on the company stock as he remarked: We talk a lot about ancillary data center plays, which means Caterpillar, which has backup generators that are needed to keep these server farms running. In the old days, CAT usually went down on earnings. That’s over. It tends to rally because people can’t believe it can consistently put up such strong numbers. They are wrong. I like the stock. Cat ...

Caterpillar Inc. (NYSE:CAT) is one of the best forever stocks to buy according to hedge funds. On December 11, analysts at Citi raised Caterpillar Inc. (NYSE:CAT)’s price target to $690 from $670 while reiterating a Buy rating. The price target hike comes as the research firm remains confident about the machinery group outlook. The firm maintains a strong conviction in the construction and mining sectors, expecting continued growth heading into next year. Wall Street Firms Bullish on Caterpillar Inc. (CAT ...

Core Points - Dr. Leon Stok has been elected Chair of the Si2 Board of Directors for the remainder of the 2025–2026 term [1] - Dr. Stok has been a member of the Si2 Board since 2007 and has held various leadership roles, including previous terms as Board Chair [2] - Si2 is a global, not-for-profit membership organization with around 70 corporate members focused on reducing development costs and increasing design productivity in the semiconductor industry [4] Company and Industry Summary - Dr. Stok leads a team at IBM that develops advanced design and verification tools for high-performance computing systems, including IBM Z, Power systems, and Quantum Systems [2] - Dr. Stok is a recognized leader in electronic design automation (EDA) with over 60 published papers and 13 patents in the field [3] - The Si2 Board consists of 16 members from leading semiconductor foundries, fabless companies, and EDA software providers, promoting industry standards and shared solutions [4]

Company Overview - Hubbell Incorporated is a significant player in the electrical and utility solutions industry, providing a variety of products and services such as electrical wiring devices, lighting fixtures, and power systems [1] - The company competes with industry leaders like Eaton Corporation and Schneider Electric, focusing on innovation and strategic growth to maintain its market position [1] Financial Performance - On October 29, 2025, Seaport Global set a price target of $515 for Hubbell, indicating a potential price increase of approximately 9.53% from the current trading price of $474.48 [2][5] - The stock has experienced a trading day range between $458.96 and $474.95, with a current price reflecting a 4.20% increase today, equivalent to a $19.14 rise [2][5] - Hubbell's market capitalization is approximately $25.21 billion, showcasing its substantial presence in the market [4][5] - Over the past year, the stock has seen a high of $481.35 and a low of $299.43, indicating volatility in its stock price [4] Earnings Call Insights - The recent Q3 2025 earnings call, led by President, CEO, and Chairman Gerben Bakker, along with Executive VP and CFO William Sperry, provided valuable insights into the company's financial health [3] - Analysts from major financial institutions, including JPMorgan Chase & Co., attended the call, emphasizing the significance of Hubbell's strategic direction and financial performance [3]

Core Insights - Penske Automotive Group, Inc. (NYSE: PAG) will release its financial results for the three and nine months ended September 30, 2025, on October 29, 2025 [1] - An investor presentation and earnings press release will be available on the company's website on the same date [1] Financial Results Discussion - A conference call and audio webcast to discuss the financial results will take place on October 29, 2025, at 2:00 PM Eastern Daylight Time [2] - Access to the live webcast can be found at the provided link, and listeners are advised to join 10-15 minutes early [2] Company Overview - Penske Automotive Group is a diversified international transportation services company headquartered in Bloomfield Hills, Michigan, operating dealerships in multiple countries including the US, UK, Canada, Germany, Italy, Japan, and Australia [3] - The company is one of the largest retailers of commercial trucks in North America and employs over 28,400 people globally [3] - Penske Automotive Group holds a 28.9% stake in Penske Transportation Solutions, which manages a large trucking fleet and provides transportation and supply chain solutions [3]

Company Announcement - Power Solutions International, Inc. appointed Zhaoying (Dorothy) Du as General Counsel and Corporate Secretary, effective September 8, 2025 [1] Ms. Du's Experience - Ms. Du has 20 years of experience providing strategic legal counsel to U.S. and multinational companies, focusing on complex commercial and regulatory matters [2] - From March 2025 to September 2025, she led Lenovo's global supply chain legal team, advising on procurement, trade compliance, regulatory risks, and contract negotiations [3] - Prior roles include Director and Global Head of Legal at Motorola Mobility, General Counsel of China operations at The Warranty Group, and Co-Chair of the APAC Practice Group at Freeborn & Peters [3] Educational Background - Ms. Du holds a JD from the University of Missouri-Kansas City School of Law, an MA from the University of Georgia, and a Bachelor of Law from Sun Yat-Sen University Law School [4] Company Overview - Power Solutions International, Inc. is a leader in designing, engineering, and manufacturing advanced, emission-certified engines and power systems [5] - The company provides integrated turnkey solutions to global original equipment manufacturers and end-user customers in energy, industrial, and transportation markets [5] - PSI develops complete power systems for various applications, including stationary and mobile power generation, industrial applications, and powertrains for medium-duty trucks and buses [6]

Group 1 - The AI/data center sector is experiencing significant growth, benefiting technology stocks like Nvidia and presenting investment opportunities in "old economy" stocks such as Vertiv [1][5] - Vertiv specializes in developing, manufacturing, and selling power systems for data centers and communication networks, having transitioned from Emerson Electric to a public company in 2020 after private equity ownership [2] - Vertiv's organic orders increased by 15% year-over-year in Q2 2025 and 11% sequentially from Q1 2025, indicating strong demand in the AI/data center market [3] Group 2 - Vertiv's book-to-bill ratio of 1.2 suggests robust future growth, with projected sales growth of 25% in 2025 and 16.6% in 2026 [5][7] - The ongoing capital spending by data center hyperscalers, highlighted by a $300 billion investment deal between OpenAI and Oracle, signals continued growth potential for data center infrastructure stocks like Vertiv [5]

Core Insights - Power Solutions International, Inc. (PSI) has announced a significant financial milestone by amending its Uncommitted Revolving Credit Agreement, increasing its borrowing capacity to $135.0 million, which enhances its financial flexibility and supports growth and innovation [1][2] - The amended agreement extends through July 30, 2027, solidifying PSI's financial foundation for the next two years [1] - The company has achieved profitability and positive cash flows from operations, allowing it to release a valuation allowance against deferred tax assets, resulting in an increase of $29.2 million in net income and stockholders' equity as of June 30, 2025 [2] Financial Details - The amended credit agreement includes covenants such as minimum adjusted EBITDA, minimum interest coverage ratio, and maximum gross leverage ratio [2] - Borrowings will incur interest at the Secured Overnight Financing Rate (SOFR) plus 2.10% per annum, which increases to SOFR plus 2.60% if the majority shareholder, Weichai America Corp., holds less than 50% of the common equity [2] - The obligations under the amended credit agreement are guaranteed by certain wholly-owned subsidiaries and secured by substantially all assets of the company [3] Company Overview - PSI specializes in the design, engineering, and manufacture of advanced, emission-certified engines and power systems, providing integrated solutions to global original equipment manufacturers and end-users [5] - The company offers complete power systems for various applications, including stationary and mobile power generation, and serves multiple end markets such as industrial and transportation [6]