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 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.
Stanley Black & Decker, Inc. SWK
- Dividend Yield: 3.10%
- Baird analyst Timothy Wojs maintained a Neutral rating and raised the price target from $94 to $104 on Oct. 21. This analyst has an accuracy rate of 75%.
- Goldman Sachs analyst Joe Ritchie maintained a Neutral rating and raised the price target from $94 to $107 on Oct. 10. This analyst has an accuracy rate of 75%
- Recent News: Stanley Black & Decker will broadcast its third quarter earnings webcast on Tuesday, Oct. 29.
- Benzinga Pro's real-time newsfeed alerted to latest SWK news.
Kennametal Inc. KMT
- Dividend Yield: 3.14%
- Loop Capital analyst Chris Dankert maintained a Hold rating and raised the price target from $22 to $24 on Aug. 22. This analyst has an accuracy rate of 79%.
- Barclays analyst Julian Mitchell maintained an Equal-Weight rating and increased the price target from $24 to $25 on Aug. 9. This analyst has an accuracy rate of 77%.
- Recent News: Kennametal will host its first quarter fiscal year 2025 earnings call on Wednesday, Nov. 6.
- Benzinga Pro's real-time newsfeed alerted to latest KMT news.
Hillenbrand, Inc. HI
- Dividend Yield: 3.19%
- DA Davidson analyst Matt Summerville downgraded the stock from Buy to Neutral and cut the price target from $54 to $33 on Aug. 12. This analyst has an accuracy rate of 77%.
- Keybanc analyst Jeffrey Hammond initiated coverage on the stock with an Overweight rating and a price target of $50 on July 10. This analyst has an accuracy rate of 76%.
- Recent News: On Aug. 28, Hillenbrand declared fourth quarter dividend of 22.25 cents per share.
- Benzinga Pro’s charting tool helped identify the trend in HI stock.
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