Calamos Wealth Management LLC Raises Stake in Caterpillar Inc. $CAT

Calamos Wealth Management LLC grew its holdings in Caterpillar Inc. (NYSE:CAT) by 39.1% during the second quarter, HoldingsChannel.com reports. The fund owned 19,805 shares of the industrial products company’s stock after purchasing an additional 5,570 shares during the quarter. Caterpillar makes up about 0.6% of Calamos Wealth Management LLC’s portfolio, making the stock its 25th biggest holding. Calamos Wealth Management LLC’s holdings in Caterpillar were worth $21,090,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Calamos Advisors LLC grew its stake in shares of Caterpillar by 11.6% in the second quarter. Calamos Advisors LLC now owns 150,261 shares of the industrial products company’s stock valued at $160,013,000 after buying an additional 15,578 shares in the last quarter. Daiwa Securities Group Inc. grew its position in Caterpillar by 11.2% in the second quarter. Daiwa Securities Group Inc. now owns 194,149 shares of the industrial products company’s stock valued at $206,749,000 after acquiring an additional 19,564 shares in the last quarter. Kerusso Capital Management LLC grew its position in Caterpillar by 23.4% in the second quarter. Kerusso Capital Management LLC now owns 6,705 shares of the industrial products company’s stock valued at $7,140,000 after acquiring an additional 1,272 shares in the last quarter. LCM Capital Management Inc raised its stake in shares of Caterpillar by 16.5% during the second quarter. LCM Capital Management Inc now owns 465 shares of the industrial products company’s stock valued at $495,000 after purchasing an additional 66 shares during the period. Finally, WealthCare Asset Management LLC acquired a new position in shares of Caterpillar during the second quarter worth $1,533,000. 70.98% of the stock is owned by hedge funds and other institutional investors.

Caterpillar Trading Up 0.0%

Shares of NYSE:CAT opened at $811.40 on Wednesday. The company has a 50 day moving average of $903.72 and a 200-day moving average of $835.74. The company has a current ratio of 1.37, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65. The firm has a market cap of $372.98 billion, a P/E ratio of 34.91, a P/E/G ratio of 1.42 and a beta of 1.60. Caterpillar Inc. has a twelve month low of $410.52 and a twelve month high of $1,073.46.

Caterpillar (NYSE:CAT) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $8.17 EPS for the quarter, topping the consensus estimate of $6.22 by $1.95. The firm had revenue of $20.54 billion for the quarter, compared to analysts’ expectations of $19.34 billion. Caterpillar had a return on equity of 55.53% and a net margin of 14.51%.The firm’s quarterly revenue was up 23.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $4.72 earnings per share. As a group, analysts anticipate that Caterpillar Inc. will post 27.14 earnings per share for the current fiscal year.

Caterpillar Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Monday, July 20th were issued a $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 0.8%. This is a positive change from Caterpillar’s previous quarterly dividend of $1.51. The ex-dividend date was Monday, July 20th. Caterpillar’s payout ratio is currently 28.06%.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Strong backlog points to future growth. Caterpillar’s order book reportedly expanded substantially beneath the surface, suggesting future revenue visibility even while some recent sales figures appeared soft. Before The Surge, Caterpillar Stock’s Order Book Told a Different Story
• Positive Sentiment: Margins and guidance improved. Coverage highlighted a 430-basis-point rebound in second-quarter adjusted operating margin, with higher volumes and pricing offsetting tariff costs. The improvement helped support an upgraded 2026 outlook. Caterpillar’s Q2 Adjusted Operating Margin Rebounds
• Positive Sentiment: CAT remains a preferred heavy-equipment name. Analysts cited record sales, earnings growth and backlog strength as reasons Caterpillar currently has an edge over Deere. Other market commentary included Caterpillar among stocks positioned to benefit from investment and infrastructure-related trends. Caterpillar vs. Deere: Which Heavy Equipment Stock Should You Bet On?
• Neutral Sentiment: Valuation opinions are mixed. Some analysis suggests CAT could be undervalued by roughly 20% based on margins and cash flow, while another estimate sees only about 4% upside linked partly to potential tariff refunds. This follows a substantial five-year share-price gain and leaves investors focused on whether earnings can justify the valuation. Caterpillar Could Be 20% Undervalued
• Negative Sentiment: Contrasting investor signals may limit enthusiasm. The Gates Foundation Trust disclosed a sizable CAT holding, while Michael Burry disclosed a short position. QuiverQuant also reported substantially more insider sales than purchases over the past six months, potentially adding caution despite strong fundamentals. Bill Gates’ Foundation Holds a Caterpillar Stake as Michael Burry Bets Against the Stock
• Negative Sentiment: Macro risks remain an overhang. Recent commentary linked CAT’s pullback to interest-rate concerns and weaker sentiment toward industrial stocks, showing that broader economic factors are currently overshadowing the company’s earnings and backlog strength.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Royal Bank Of Canada boosted their price objective on shares of Caterpillar from $877.00 to $897.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 5th. Barclays increased their price target on Caterpillar from $800.00 to $900.00 and gave the company an “equal weight” rating in a report on Thursday, August 6th. Zacks Research raised Caterpillar from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 12th. Rothschild & Co Redburn raised their price target on shares of Caterpillar from $700.00 to $950.00 and gave the stock a “neutral” rating in a research report on Thursday, May 14th. Finally, Argus increased their price objective on shares of Caterpillar from $820.00 to $990.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $995.52.

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.