Wall Street Analysts’ Most Accurate Views on 3 Industrial Stocks With Dividend Yields Above 4% – Copa Holdings (NYSE:CPA), 3M (NYSE:MMM)

During times of market turbulence and uncertainty, many investors turn to dividend-producing stocks. These are often companies that have high free cash flows and reward shareholders with a distribution of high dividends.

Benzinga readers can review the latest analyst opinions on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort Benzinga’s extensive database of analyst ratings, including by analyst accuracy. Here’s a look at the latest ratings of high-yield dividend stocks from Wall Street’s most accurate analysts, according to Benzinga’s Analyst Stock Ratings.

Below are the most accurate analyst ratings for three high-yielding industrial stocks.

3M Company MMM

• Dividend Yield: 6.54%
• Citigroup analyst Andrew Kaplowitz maintained a Neutral rating and cut the price target from $117 to $104 on January 24, 2024. This analyst has an accuracy rate of 85%.
• Mizuho analyst Brett Linzey maintained a Neutral rating and lowered the price target from $120 to $105 on January 24, 2024. This analyst has an accuracy rate of 71%.
• Recent news: 3M Company reported better-than-expected fourth-quarter earnings per share but issued fiscal 2024 adjusted EPS guidance that fell short of estimates.

Copa Holdings, SA CPA

• Dividend Yield: 6.47%
• Raymond James Analyst Savanthi Syth maintained a Strong Buy rating and raised her price target from $152 to $155 on November 17, 2023. This analyst has an accuracy rate of 67%.
• HSBC analyst Alexandre Falcao maintained a Buy rating and cut the price target from $143 to $138 on June 13, 2023. This analyst has an accuracy rate of 71%.
• Recent news: Copa Holdings reported better-than-expected fourth-quarter earnings.

United Parcel Service, Inc. UPS

• Dividend Yield: 4.52%
• UBS analyst Thomas Wadewitz upgraded the stock from Neutral to Buy and raised the price target from $160 to $175 on February 6, 2024. This analyst has an accuracy rate of 76%.
• Raymond James analyst Patrick Tyler Brown maintained a Strong Buy rating and cut his price target from $185 to $175 on January 31, 2024. This analyst has an accuracy rate of 83%.
• Recent news: United Parcel Service reported worse-than-expected fourth-quarter sales results and issued lower-than-estimated fiscal 2024 sales guidance.

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