In this piece we will take a look at S&P500 dividend aristocrats list sorted by analyst ratings. If you want to take a deeper look at dividend investing, then check out S&P 500 Dividend Aristocrats List: Sorted By Analyst Ratings.
5. Albemarle Corporation (NYSE:ALB)
Average Analyst Rating Score: 2
Albemarle Corporation (NYSE:ALB) is a chemicals company headquartered in Charlotte, North Carolina. One of the world’s largest battery raw material firms, it is currently seeking to expand its operations in Australia by acquiring another firm.
By the end of Q2 2023, 41 out of the 910 hedge funds polled by Insider Monkey had held a stake in Albemarle Corporation (NYSE:ALB). Out of these, the firm’s largest shareholder is Philippe Laffont’s Coatue Management since it owns 691,853 shares that are worth $154 million.
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4. Abbott Laboratories (NYSE:ABT)
Average Analyst Rating Score: 2
Abbott Laboratories (NYSE:ABT) is one of the oldest and largest pharmaceutical companies in the world. Like some other big pharma firms, it’s also beaten analyst EPS estimates in all four of its latest quarters and it is the last stock on our list that is rated Buy on average by analysts.
Insider Monkey’s June quarter of 2023 survey covering 910 hedge funds revealed that 62 had bought the firm’s shares. Abbott Laboratories (NYSE:ABT)’s biggest investor among these is Ken Fisher’s Fisher Asset Management through a stake worth $1 billion.
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3. Walmart Inc. (NYSE:WMT)
Average Analyst Rating Score: 1.9
Walmart Inc. (NYSE:WMT) is the largest brick and mortar retailer in the world. It was out with good news for dividend investors in September as the firm announced that it would increase the dividend per share to 57 cents.
By the end of this year’s second quarter, 81 out of the 910 hedge funds part of Insider Monkey’s database had held a stake in Walmart Inc. (NYSE:WMT). Out of these, the firm’s largest shareholder is Ken Fisher’s Fisher Asset Management since it owns 8.8 million shares that are worth $1.3 billion.
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2. Linde plc (NYSE:LIN)
Average Analyst Rating Score: 1.9
Linde plc (NYSE:LIN) is a chemicals company that provides gases to different industrial users. The firm’s second quarter earnings saw its sales drop annually but the firm increased annual EPS guidance. The stock is rated Strong Buy on average and has an average analyst share price target of $424.65.
After sifting through 910 hedge funds for their second quarter of 2023 shareholdings, Insider Monkey discovered that 70 had owned Linde plc (NYSE:LIN)’s shares.
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1. S&P Global Inc. (NYSE:SPGI)
Average Analyst Rating Score: 1.7
Topping the list of S&P 500 dividend aristocrats with the best analyst ratings is the maker of the list itself, S&P Global Inc. (NYSE:SPGI). One of the leading financial advisory services in the world, the S&P has offices all over the world and covers nearly every financial market imaginable.
During Q2 2023, 82 out of the 910 hedge funds part of Insider Monkey’s database had held a stake in the company. S&P Global Inc. (NYSE:SPGI)’s largest hedge fund shareholder is Chris Hohn’s TCI Fund Management due to its $3.7 billion stake.
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Disclosure: None. You can also take a look at 15 Stocks to Buy with Steady Dividends and iOS vs Android Market Share by Country: Top 30 Countries Using iPhones.