Wall Street's Most Accurate Analysts Give Their Take On 3 Industrials Stocks With Over 3% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy.

Below are the ratings of the most accurate analysts for three high-yielding stocks in the industrials sector.

Xerox Holdings Corporation XRX

• Dividend Yield: 9.03%
• Citigroup analyst Asiya Merchant initiated coverage on the stock with a Sell rating and a price target of $11 on June 28. This analyst has an accuracy rate of 73%.
• JP Morgan analyst Samik Chatterjee maintained an Underweight rating and cut the price target from $18 to $17 on April 24. This analyst has an accuracy rate of 71%.
• Recent News: On July 25, Xerox reported a fiscal second-quarter 2024 sales decline of 10.0% year-on-year to $1.58 billion, missing the analyst consensus estimate of $1.60 billion.
• Benzinga Pro's real-time newsfeed alerted to latest XRX news

Cisco Systems, Inc. CSCO

• Dividend Yield: 3.32%
• Needham analyst Alex Henderson reiterated a Hold rating on June 10. This analyst has an accuracy rate of 80%.
• Barclays analyst Tim Longmaintained an Equal-Weight rating and raised the price target from $48 to $50 on May 17. This analyst has an accuracy rate of 74%.
• Recent News: On June 4, Cisco Investments, the global venture arm of Cisco,has introduced a $1 billion AI investment fund to support startups and enhance the development of secure AI solutions.
• Benzinga Pro's charting tool helped identify the trend in CSCO's stock.

Nokia Oyj NOK

• Dividend Yield: 3.57%
• JP Morgan analyst Sandeep Deshpande maintained a Neutral rating and cut the price target from $4.39 to $4.26 on April 16. This analyst has an accuracy rate of 75%.
• Raymond James analyst Simon Leopold maintained an Outperform rating and lowered the price target from $4.5 to $4 on Dec. 13, 2023. This analyst has an accuracy rate of 68%.
• Recent News: On July 18, Nokia reported a fiscal second-quarter 2024 net sales decline of 18% year-on-year (18% in constant currency) to 4.47 billion euros ($4.81 billion), missing the analyst consensus estimate of $5.24 billion.
• Benzinga Pro's signals feature notified of a potential breakout in Nokia shares.

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