Calamos Wealth Management LLC Has $1.97 Million Holdings in Caterpillar Inc. $CAT

Calamos Wealth Management LLC grew its holdings in shares of Caterpillar Inc. (NYSE:CAT) by 38.0% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,122 shares of the industrial products company’s stock after buying an additional 1,136 shares during the period. Calamos Wealth Management LLC’s holdings in Caterpillar were worth $1,967,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Kilter Group LLC acquired a new stake in Caterpillar in the second quarter worth $27,000. Mid American Wealth Advisory Group Inc. bought a new position in shares of Caterpillar during the 2nd quarter worth about $28,000. Compass Financial Services Inc grew its stake in shares of Caterpillar by 49.2% in the 1st quarter. Compass Financial Services Inc now owns 94 shares of the industrial products company’s stock valued at $31,000 after buying an additional 31 shares during the period. Family Legacy Financial Solutions LLC bought a new stake in Caterpillar in the 2nd quarter valued at about $32,000. Finally, RiverPark Advisors LLC acquired a new position in Caterpillar during the 2nd quarter worth approximately $32,000. Institutional investors own 70.98% of the company’s stock.

Insiders Place Their Bets

In related news, insider Jason Kaiser sold 10,707 shares of the stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $563.60, for a total transaction of $6,034,465.20. Following the completion of the transaction, the insider owned 8,649 shares in the company, valued at approximately $4,874,576.40. This represents a 55.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Andrew R. J. Bonfield sold 10,000 shares of Caterpillar stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $571.44, for a total transaction of $5,714,400.00. Following the completion of the sale, the chief financial officer directly owned 55,460 shares in the company, valued at approximately $31,692,062.40. This represents a 15.28% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 61,895 shares of company stock valued at $34,007,516. 0.33% of the stock is currently owned by insiders.

Caterpillar Stock Performance

NYSE CAT opened at $577.64 on Wednesday. The company has a fifty day moving average price of $570.27 and a 200-day moving average price of $481.44. The firm has a market cap of $270.32 billion, a price-to-earnings ratio of 29.65, a PEG ratio of 2.71 and a beta of 1.57. The company has a debt-to-equity ratio of 1.34, a current ratio of 1.38 and a quick ratio of 0.86. Caterpillar Inc. has a 1 year low of $267.30 and a 1 year high of $627.50.

Caterpillar (NYSE:CAT) last released its quarterly earnings results on Monday, November 3rd. The industrial products company reported $4.95 earnings per share for the quarter, topping the consensus estimate of $4.52 by $0.43. The business had revenue of $17.64 billion for the quarter, compared to analysts’ expectations of $16.72 billion. Caterpillar had a net margin of 14.34% and a return on equity of 47.16%. The firm’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same period in the previous year, the company earned $5.17 earnings per share. As a group, equities research analysts predict that Caterpillar Inc. will post 19.86 EPS for the current fiscal year.

Caterpillar Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 19th. Investors of record on Tuesday, January 20th will be issued a dividend of $1.51 per share. This represents a $6.04 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Tuesday, January 20th. Caterpillar’s dividend payout ratio (DPR) is 31.01%.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Multiple outlets report that surging demand for generators — especially for data centers and AI infrastructure — is driving a meaningful uptick in Caterpillar’s non-construction sales and boosting investor expectations for revenue and margin expansion. Caterpillar’s stock jumps as AI drives demand for generators
• Positive Sentiment: WSJ coverage highlights that generator sales are the company’s fastest‑growing segment, helping re-shape Caterpillar’s growth story beyond traditional yellow equipment and supporting a higher multiple. Caterpillar’s Surging Stock Is Fueled by AI, Not Yellow Excavators
• Positive Sentiment: Pymnts reports that data‑center generator demand in particular is fueling a sales surge, suggesting a durable revenue stream tied to long‑term AI infrastructure buildout rather than a one‑off cyclical bump. Caterpillar’s Data Center Generators Fuel Sale Surge
• Positive Sentiment: Market recognition: coverage and an on‑camera analyst segment note that Caterpillar has become the Dow’s best performer this year, reflecting the market re‑rating the stock for faster growth expectations. Caterpillar becomes the Dow’s best performer this year
• Positive Sentiment: JPMorgan equity research commentary (video interview) underscores investor interest and analyst attention as the company transitions into a growth narrative — supportive for sentiment and liquidity. Caterpillar becomes the Dow’s best performer this year (video)
• Positive Sentiment: Zacks highlights Caterpillar as a potential beneficiary of reshoring trends, which could support equipment demand in 2026 and beyond. 3 Manufacturing Stocks to Benefit From Reshoring in 2026
• Neutral Sentiment: Product update: Caterpillar introduced a Track Clamp Master Link to simplify excavator track installation — incremental operational/aftermarket improvement but limited near‑term impact on top‑line. Cat’s New Track Clamp Master Link Eases Excavator Track Installation
• Neutral Sentiment: Corporate milestone: coverage of Caterpillar’s 100‑year anniversary is positive PR but unlikely to move fundamentals materially. Celebrating 100 years and the people behind Caterpillar machines
• Negative Sentiment: Valuation caution: analysis pieces ask whether it’s too late to buy after a >100% rally, flagging elevated multiples and the risk that much of the AI/data‑center opportunity is already priced in — a key reason for profit‑taking or short‑term weakness. Is it too late to buy Caterpillar after its bullish 2025 run?

Wall Street Analyst Weigh In

CAT has been the subject of a number of research reports. HSBC raised Caterpillar from a “hold” rating to a “buy” rating and raised their price objective for the company from $405.00 to $660.00 in a research note on Wednesday, November 5th. DA Davidson boosted their price target on shares of Caterpillar from $408.00 to $569.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd. Argus raised their price objective on shares of Caterpillar from $460.00 to $625.00 and gave the company a “buy” rating in a research note on Wednesday, November 19th. Wells Fargo & Company initiated coverage on shares of Caterpillar in a report on Thursday, November 13th. They set an “overweight” rating and a $675.00 price objective for the company. Finally, Citigroup upgraded shares of Caterpillar from a “buy” rating to a “mixed” rating in a report on Tuesday, December 16th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $616.00.

Caterpillar Profile

Caterpillar Inc is a global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and locomotives. The company’s product portfolio includes earthmoving machines such as excavators, bulldozers, wheel loaders and off‑highway trucks, as well as a range of power generation products including generator sets and power systems for industrial and commercial use. Caterpillar serves customers across heavy construction, mining, energy, transportation and related industries with both equipment and integrated technology solutions.

In addition to manufacturing, Caterpillar provides a broad range of aftermarket parts and support services, including maintenance, repair, remanufacturing and fleet management tools.