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.
Trinity Industries, Inc. TRN
- Dividend Yield: 3.99%
- Susquehanna analyst Bascome Majors maintained a Positive rating and cut the price target from $32 to $30 on Feb. 23, 2024. This analyst has an accuracy rate of 62%.
- Wells Fargo analyst Allison Poliniak maintained an Overweight rating and boosted the price target from $27 to $31 on Aug. 2, 2023. This analyst has an accuracy rate of 71%.
- Recent News: On Feb. 22, Trinity Industries posted better-than-expected sales for its fourth quarter.
MSC Industrial Direct Co., Inc. MSM
- Dividend Yield: 3.34%
- Keybanc analyst Ken Newman maintained an Overweight rating and cut the price target from $105 to $102 on Jan. 10, 2024. This analyst has an accuracy rate of 82%.
- Baird analyst David Manthey maintained an Outperform rating and raised the price target from $104 to $110 on June 30, 2023. This analyst has an accuracy rate of 85%.
- Recent News: MSC Industrial Direct is expected to release quarterly earnings on March 28, 2024.
United Parcel Service, Inc. UPS
- Dividend Yield: 4.43%
- Oppenheimer analyst Scott Schneeberger maintained an Outperform rating with a price target of $153 on March 27, 2024. This analyst has an accuracy rate of 72%.
- UBS analyst Thomas Wadewitz upgraded the stock from Neutral to Buy and boosted the price target from $160 to $175 on Feb. 6, 2024. This analyst has an accuracy rate of 75%.
- Recent News: On March 26, UPS issued 2026 financial targets.
Read More: Investor Optimism Improves; S&P 500 Settles At New Record
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