Wall Street's Most Accurate Analysts Weigh In On 3 Industrials Stocks Delivering High-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.
Resources Connection, Inc. (NASDAQ:RGP)
- Dividend Yield: 5.07%
- Baird analyst Mark Marcon maintained a Neutral rating an cut the price target from $15 to $13 on April 4. This analyst has an accuracy rate of 69%.
- JP Morgan analyst Andrew Steinerman maintained an Underweight rating and lowered the price target from $16 to $14 on Oct. 5, 2023. This analyst has an accuracy rate of 80%.
- Recent News: On April 3, Resources Connection posted upbeat quarterly earnings.
- Benzinga Pro's real-time newsfeed alerted to latest RGP's news
United Parcel Service, Inc. (NYSE:UPS)
- Dividend Yield: 4.76%
- Evercore ISI Group analyst Jonathan Chappell maintained an In-Line rating and cut the price target from $157 to $145 on June 24. This analyst has an accuracy rate of 76%.
- Wells Fargo analyst Christian Wetherbee initiated coverage on the stock with an Overweight rating and a price target of $156 on June 7. This analyst has an accuracy rate of 73%.
- Recent News: On June 23, UPS entered into an agreement to sell its Coyote Logistics business unit to RXO, Inc., for $1.025 billion.
- Benzinga Pro's charting tool helped identify the trend in UPS stock.
Stanley Black & Decker, Inc. (NYSE:SWK)
- Dividend Yield: 4.06%
- Barclays analyst Julian Mitchelldowngraded the stock from Overweight to Equal-Weight and cut the price target from $100 to $86 on June 4. This analyst has an accuracy rate of 76%.
- Baird analyst TimothyWojsmaintained a Neutral rating and cut the price target from $82 to $80 on April 19. This analyst has an accuracy rate of 64%.
- Recent News: Stanley Black & Decker is expected to report its second quarter 2024 earnings on Tuesday, July 30.
- Benzinga Pro's signals feature notified of a potential breakout in Stanley Black & Decker's shares.
Check This Out: How to Find Dividend Stocks: Scan, Analyze, and Capture with Benzinga Pro