Wall Street Firms Bullish on Caterpillar Inc. (CAT) on Industry Outlook amid Dividend Offering

Group 1 - Caterpillar Inc. is considered one of the best long-term stocks to buy, with hedge funds showing strong interest [1] - Citi analysts raised Caterpillar's price target to $690 from $670, maintaining a Buy rating due to positive outlook in the machinery sector [1] - Truist Securities also reiterated a Buy rating, highlighting a strong backlog for power generation applications reaching $40 billion [2] Group 2 - Caterpillar has announced it will maintain its quarterly dividend at $1.51 per share, reflecting its commitment to shareholder value [3] - The dividend will be paid on February 19 to shareholders of record as of January 20, 2026, representing an annual yield of 1.02% [3] - Caterpillar is the world's leading manufacturer of construction and mining equipment, providing heavy machinery, power systems, and digital solutions across various industries [4]