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

Calamos Wealth Management LLC grew its position in Caterpillar Inc. (NYSE:CAT) by 38.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,122 shares of the industrial products company’s stock after buying an additional 1,136 shares during the quarter. Calamos Wealth Management LLC’s holdings in Caterpillar were worth $1,967,000 as of its most recent SEC filing.

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

Key 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?

Insiders Place Their Bets

In other Caterpillar news, insider Lange Bob De sold 14,638 shares of the stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of $562.36, for a total transaction of $8,231,825.68. Following the completion of the sale, the insider owned 80,209 shares of the company’s stock, valued at approximately $45,106,333.24. This represents a 15.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Anthony D. Fassino sold 8,184 shares of the business’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $570.18, for a total transaction of $4,666,353.12. Following the completion of the transaction, the insider owned 41,512 shares in the company, valued at $23,669,312.16. This trade represents a 16.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 61,895 shares of company stock valued at $34,007,516 over the last three months. Insiders own 0.33% of the company’s stock.

Caterpillar Price Performance

Shares of NYSE:CAT opened at $577.64 on Wednesday. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.86 and a current ratio of 1.38. Caterpillar Inc. has a 52 week low of $267.30 and a 52 week high of $627.50. The firm has a market cap of $270.32 billion, a PE ratio of 29.65, a price-to-earnings-growth ratio of 2.71 and a beta of 1.57. The firm’s fifty day moving average is $570.27 and its 200-day moving average is $481.44.

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

Caterpillar Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 19th. Investors of record on Tuesday, January 20th will be paid a $1.51 dividend. This represents a $6.04 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Tuesday, January 20th. Caterpillar’s payout ratio is currently 31.01%.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Argus increased their target price on shares of Caterpillar from $460.00 to $625.00 and gave the stock a “buy” rating in a report on Wednesday, November 19th. Truist Financial reissued a “buy” rating and issued a $729.00 price objective (up previously from $582.00) on shares of Caterpillar in a research note on Thursday, October 30th. UBS Group boosted their target price on shares of Caterpillar from $506.00 to $581.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 4th. HSBC upgraded Caterpillar from a “hold” rating to a “buy” rating and increased their price target for the company from $405.00 to $660.00 in a research note on Wednesday, November 5th. Finally, Evercore ISI boosted their price objective on Caterpillar from $476.00 to $630.00 and gave the stock an “outperform” rating in a research report on Monday, November 17th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Caterpillar has a consensus rating of “Moderate Buy” and an average price target 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.