Benzinga - by Avi Kapoor, Benzinga Staff Writer.
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, 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.
Paychex, Inc. (NASDAQ:PAYX)
- Dividend Yield: 3.19%
- RBC Capital analyst Ashish Sabadra reiterated a Sector Perform rating with a price target of $130 on May 21. This analyst has an accuracy rate of 66%.
- Wedbush analyst Moshe Katri reiterated a Neutral rating with a price target of $115 on April 3. This analyst has an accuracy rate of 62%.
- Recent News: Paychex is scheduled to release financial results for its fiscal 2024 fourth quarter on Wednesday, June 26.
- Benzinga Pro's real-time newsfeed alerted to latest Paychex's news
Kennametal Inc. (NYSE:KMT)
- Dividend Yield: 3.22%
- Loop Capital analyst Chris Dankert maintained a Hold rating and raised the price target from $23 to $24 on May 23. This analyst has an accuracy rate of 76%.
- Barclays analyst Julian Mitchell maintained an Equal-Weight rating and increased the price target from $24 to $25 on May 9. This analyst has an accuracy rate of 76%.
- Recent News: On May 8, Kennametal posted weaker-than-expected quarterly earnings.
- Benzinga Pro's charting tool helped identify the trend in Kennametal's stock.
Robert Half Inc. (NYSE:RHI)
- Dividend Yield: 3.33%
- Truist Securities analyst Tobey Sommerupgraded the stock from Sell to Hold with a price target of $72 on April 22. This analyst has an accuracy rate of 73%.
- BMO Capital analyst Jeffrey Silbermaintained a Market Perform rating and cut the price target from $85 to $80 on Jan. 31. This analyst has an accuracy rate of 70%.
- Recent News: On May 1, Robert Half's board of directors approved a quarterly cash dividend of 53 cents per share.
- Benzinga Pro's signals feature notified of a potential breakout in Robert Half's shares.
Read More: How to Find Dividend Stocks: Scan, Analyze, and Capture with Benzinga Pro
Latest Ratings for PAYX
| Mar 2022 | B of A Securities | Upgrades | Underperform | Neutral |
| Jan 2022 | Cowen & Co. | Upgrades | Market Perform | Outperform |
| Dec 2021 | Stifel | Maintains | Hold |
View the Latest Analyst Ratings
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