Caterpillar Inc. (NYSE:CAT) is among the 15 Best Dividend Growth Stocks to Buy Now. HSBC upgraded CAT to Buy, raising the price target to $660 due to strong power demand. In Q3 2025, CAT’s Power Generation revenue reached $2.63 billion, up 31% from the previous year.

CAT generated $3.7 billion in operating cash flow for the quarter and closed with $7.5 billion in enterprise cash. The company returned $0.7 billion to shareholders through dividends and spent an additional $0.4 billion on share repurchases. Caterpillar is a global leader in manufacturing various equipment.

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Read more at Yahoo Finance: HSBC Upgrades Caterpillar (CAT) to Buy, Lifts Price Target to $660 on Strong Power Demand