Wall Street's Most Accurate Analysts Say Hold These 3 Utilities Stocks With Over 4% 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. Here's a look at the most recent high-yield dividend stock ratings from the most accurate Wall Street analysts, according to Benzinga's Analyst Stock Ratings.

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

Dominion Energy, Inc. D

• Dividend Yield: 4.84%
• JP Morgan analyst Jeremy Tonet maintained a Neutral rating and raised the price target from $59 to $63 on April 18, 2023. This analyst has an accuracy rate of 61%.
• Mizuho analyst Anthony Crowdell maintained a Neutral rating and cut the price target of $62 to $58 on Feb. 27, 2023. This analyst has an accuracy rate of 65%.
• Recent News: Dominion Energy reported first-quarter revenues for 2023 of $5.25 billion, exceeding the consensus of $4.46 billion.

Southwest Gas Holdings, Inc. SWX

• Dividend Yield: 4.40%
• Wells Fargo analyst Sarah Akers maintained an Equal-Weight rating and cut the price target from $71 to $63 on March 2, 2023. This analyst has an accuracy rate of 69%.
• B of A Securities analyst Julien Dumoulin-Smith downgraded the stock from Buy to Neutral and cut the price target from $87 to $65 on Nov. 30, 2022. This analyst has an accuracy rate of 69%.
• Recent News: Carl Icahn increased shared share stake in Southwest Gas by 59.1% to 10.52 million shares.

OGE Energy Corp. OGE

• Dividend Yield: 4.39%
• Wells Fargo analyst Sarah Akers maintained an Equal-Weight rating and raised the price target from $39 to $40 on May 5, 2023. This analyst has an accuracy rate of 66%.
• UBS analyst Daniel Ford downgraded the stock from Buy to Neutral and cut the price target from $41 to $39 on Feb. 28, 2023. This analyst has an accuracy rate of 70%.
• Recent News: OGE Energy posted better-than-expected quarterly results.

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