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Bumping version to 1.11.3 and generate changelog
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.changes/1.11.3.md

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## dbt-core 1.11.3 - February 05, 2026
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### Fixes
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- Avoid deadlock edgecases of concurret microbatch/batch execution ([#11420](https://github.com/dbt-labs/dbt-core/issues/11420))
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- Stop raising deprecation warnings for internal python model configs ([#12314](https://github.com/dbt-labs/dbt-core/issues/12314))
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### Dependencies
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- Move `click` minimum to 8.3.0 ([#12378](https://github.com/dbt-labs/dbt-core/issues/12378))
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### Contributors
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- [@QMalcolm](https://github.com/QMalcolm) ([#11420](https://github.com/dbt-labs/dbt-core/issues/11420), [#12314](https://github.com/dbt-labs/dbt-core/issues/12314), [#12378](https://github.com/dbt-labs/dbt-core/issues/12378))

.changes/unreleased/Dependencies-20260121-171712.yaml

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.changes/unreleased/Fixes-20260109-141332.yaml

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.changes/unreleased/Fixes-20260204-184553.yaml

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CHANGELOG.md

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- "Breaking changes" listed under a version may require action from end users or external maintainers when upgrading to that version.
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- Do not edit this file directly. This file is auto-generated using [changie](https://github.com/miniscruff/changie). For details on how to document a change, see [the contributing guide](https://github.com/dbt-labs/dbt-core/blob/main/CONTRIBUTING.md#adding-changelog-entry)
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## dbt-core 1.11.3 - February 05, 2026
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### Fixes
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- Avoid deadlock edgecases of concurret microbatch/batch execution ([#11420](https://github.com/dbt-labs/dbt-core/issues/11420))
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- Stop raising deprecation warnings for internal python model configs ([#12314](https://github.com/dbt-labs/dbt-core/issues/12314))
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### Dependencies
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- Move `click` minimum to 8.3.0 ([#12378](https://github.com/dbt-labs/dbt-core/issues/12378))
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### Contributors
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- [@QMalcolm](https://github.com/QMalcolm) ([#11420](https://github.com/dbt-labs/dbt-core/issues/11420), [#12314](https://github.com/dbt-labs/dbt-core/issues/12314), [#12378](https://github.com/dbt-labs/dbt-core/issues/12378))
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## dbt-core 1.11.2 - December 22, 2025
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### Fixes
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- [@edgarrmondragon](https://github.com/edgarrmondragon) ([#12038](https://github.com/dbt-labs/dbt-core/issues/12038))
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- [@michelleark](https://github.com/michelleark) ([#12303](https://github.com/dbt-labs/dbt-core/issues/12303))
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## dbt-core 1.11.1 - December 19, 2025
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### Dependencies

core/dbt/__version__.py

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version = "1.11.2"
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version = "1.11.3"

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