Franklin Street Advisors Boosts Stake in Caterpillar Amid AI-Driven Growth
Franklin Street Advisors Inc. NC has increased its position in Caterpillar Inc.
The firm owned 16,356 shares of the industrial products company's stock after buying an additional 1,843 shares during the period.
This represents a 12.7% increase in their position and is valued at $17,418,000 at the end of the most recent reporting period.
Caterpillar reported quarterly EPS of $8.17 versus the $6.22 consensus and revenue of $20.54 billion versus expectations of $19.34 billion.