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

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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.

Kennametal Inc KMT

  • Dividend Yield: 3.37%
  • Barclays analyst Julian Mitchell maintained an Equal-Weight rating and cut the price target from $25 to $24 on April 2. This analyst has an accuracy rate of 77%.
  • JP Morgan analyst Tami Zakaria maintained an Underweight rating and lowered the price target from $26 to $24 on Feb. 8. This analyst has an accuracy rate of 76%.
  • Recent News: Kennametal said it will host its third quarter fiscal year 2024 earnings call on Wednesday, May 8.

C.H. Robinson Worldwide, Inc. CHRW

  • Dividend Yield: 3.47%
  • B of A Securities analyst Ken Hoexter maintained an Underperform rating and cut the price target from $70 to $68 on April 15, 2024. This analyst has an accuracy rate of 70%.
  • JP Morgan analyst Brian Ossenbeck maintained an Underweight rating and slashed the price target from $75 to $70 on April 9. This analyst has an accuracy rate of 75%.
  • Recent News: C.H. Robinson Worldwide said it will issue its first quarter results after the closing bell on Wednesday, May 1.

MSC Industrial Direct Co., Inc. MSM

  • Dividend Yield: 3.56%
  • Stephens & Co. analyst Tommy Moll reiterated an Overweight rating with a price target of $110 on April 1. This analyst has an accuracy rate of 75%.
  • Keybanc analyst Ken Newman maintained an Overweight rating and cut the price target from $105 to $102 on Jan. 10. This analyst has an accuracy rate of 80%.
  • Recent News: On March 28, MSC Industrial Direct posted better-than-expected quarterly earnings.

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