Wall Street's Most Accurate Analysts' Views 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.

Kennametal Inc. KMT

• Dividend Yield: 3.34%
• Barclays analyst Julian Mitchell maintained an Equal-Weight rating and cut the price target from $25 to $24 on April 2, 2024. This analyst has an accuracy rate of 76%.
• JP Morgan analyst Tami Zakaria maintained an Underweight rating and lowered the price target from $26 to $24 on Feb. 8, 2024. This analyst has an accuracy rate of 79%.
• Recent News: Kennametal named Sanjay Chowbey as President & CEO effective June 1, 2024.

Allegiant Travel Company ALGT

• Dividend Yield: 2.84%
• Susquehanna analyst Christopher Stathoulopoulos maintained Allegiant Travel with a Neutral and lowered the price target from $76 to $65 on April 9, 2024. This analyst has an accuracy rate of 68%.
• Raymond James analyst Savanthi Syth maintained an Outperform rating and cut the price target from $110 to $100 on Feb. 6, 2024. This analyst has an accuracy rate of 67%.
• Recent News: On March 29, Allegiant reported February 2024 traffic.

Trinity Industries, Inc. TRN

• Dividend Yield: 4.04%
• Susquehanna analyst Bascome Majors maintained a Positive rating and slashed the price target from $32 to $30 on Feb. 23, 2024. This analyst has an accuracy rate of 62%.
• Stephens & Co. analyst Justin Long maintained an Equal-Weight rating and cut the price target from $27 to $26 on Nov. 3, 2023. This analyst has an accuracy rate of 72%.
• Recent News: Trinity Industries said it will report its financial results for the three months ended March 31, 2024 before the opening bell on May 1, 2024.

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