Calamos Advisors LLC Has $47.49 Million Position in Caterpillar Inc. $CAT

Calamos Advisors LLC lowered its holdings in Caterpillar Inc. (NYSE:CAT) by 30.5% in the third quarter, Holdings Channel.com reports. The firm owned 99,522 shares of the industrial products company’s stock after selling 43,753 shares during the period. Calamos Advisors LLC’s holdings in Caterpillar were worth $47,487,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of CAT. Coastwise Capital Group LLC boosted its position in Caterpillar by 1.8% during the 3rd quarter. Coastwise Capital Group LLC now owns 1,168 shares of the industrial products company’s stock worth $557,000 after acquiring an additional 21 shares during the period. Live Oak Private Wealth LLC lifted its position in shares of Caterpillar by 0.7% in the third quarter. Live Oak Private Wealth LLC now owns 3,525 shares of the industrial products company’s stock worth $1,682,000 after purchasing an additional 23 shares in the last quarter. Syntegra Private Wealth Group LLC grew its position in Caterpillar by 2.4% during the third quarter. Syntegra Private Wealth Group LLC now owns 1,037 shares of the industrial products company’s stock valued at $495,000 after purchasing an additional 24 shares in the last quarter. Aire Advisors LLC increased its stake in Caterpillar by 0.3% in the 2nd quarter. Aire Advisors LLC now owns 9,042 shares of the industrial products company’s stock valued at $3,510,000 after buying an additional 25 shares during the period. Finally, Dumont & Blake Investment Advisors LLC lifted its position in Caterpillar by 0.5% in the 2nd quarter. Dumont & Blake Investment Advisors LLC now owns 4,954 shares of the industrial products company’s stock worth $1,923,000 after buying an additional 25 shares in the last quarter. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Caterpillar Trading Down 0.2%

Shares of CAT stock opened at $577.64 on Wednesday. The firm has a market capitalization of $270.32 billion, a P/E ratio of 29.65, a price-to-earnings-growth ratio of 2.71 and a beta of 1.57. Caterpillar Inc. has a 1 year low of $267.30 and a 1 year high of $627.50. The firm’s fifty day simple moving average is $570.27 and its 200 day simple moving average is $481.44. The company has a current ratio of 1.38, a quick ratio of 0.86 and a debt-to-equity ratio of 1.34.

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

Caterpillar Dividend Announcement

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

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?

Insider Activity

In other Caterpillar news, Chairman Donald J. Umpleby III sold 17,166 shares of the company’s stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $505.29, for a total value of $8,673,808.14. Following the completion of the transaction, the chairman owned 448,173 shares of the company’s stock, valued at $226,457,335.17. This represents a 3.69% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Lange Bob De sold 14,638 shares of Caterpillar stock in a transaction that occurred on Wednesday, November 5th. The stock was sold at an average price of $562.36, for a total value of $8,231,825.68. Following the sale, the insider directly owned 80,209 shares in the company, valued at $45,106,333.24. The trade was a 15.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 61,895 shares of company stock valued at $34,007,516. Corporate insiders own 0.33% of the company’s stock.

Analyst Ratings Changes

CAT has been the topic of several research analyst reports. Hsbc Global Res upgraded shares of Caterpillar from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 6th. Bank of America upped their target price on Caterpillar from $594.00 to $650.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. HSBC upgraded Caterpillar from a “hold” rating to a “buy” rating and lifted their price target for the company from $405.00 to $660.00 in a report on Wednesday, November 5th. Barclays increased their price objective on Caterpillar from $485.00 to $555.00 and gave the stock an “equal weight” rating in a report on Thursday, October 30th. Finally, UBS Group lifted their target price on shares of Caterpillar from $506.00 to $581.00 and gave the company a “neutral” rating in a research note on Tuesday, November 4th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $616.00.

About Caterpillar

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.