In this article, we will take a look at the 10 Best Industrial Machinery Stocks to Buy According to Analysts.
The year 2025 was expected to present an upside for the industrial machinery sector and its client markets as interest rates were predicted to drop, which would increase demand for parts and machines.
However, a number of companies seem to be adopting a wait-and-see attitude as a result of the constantly shifting tariff environment, which has led many market analysts to reassess their expectations for the global economy. Francesco Chirillo, Senior Economist in Global Industry Services at Oxford Economics, stated during the National Fluid Power Association’s (NFPA) spring economic webinar that his firm recently lowered its projections for global GDP growth due to the challenges that tariffs are expected to bring in various regions around the world.
Much like their counterparts in the technology sector, their performance is influenced by interest rates since loans are necessary to finance expensive manufacturing plants and related equipment. Similarly, industrial machinery stocks do better when the economy is doing well since it is expected that demand for their products would remain steady.
Despite this, the global industrial machinery market was estimated to total $714.5 billion in 2024 and is projected to increase at a compound annual growth rate (CAGR) of 9% from $743.1 billion in 2025 to $1.61 trillion in 2034, according to estimates from Global Market Insights.
Our Methodology
For this list, we noted down 10 industrial machinery stocks based on analyst estimates as of July 9. We ranked the top 10 stocks in ascending order based on their average share price upside potential. Additionally, we included hedge fund sentiment for each stock, as of Q1 2025, to offer readers deeper insights.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
10. Rockwell Automation, Inc. (NYSE:ROK)
Analyst Upside: 0.12%
Number of Hedge Fund Holders: 46
Rockwell Automation Inc. (NYSE:ROK) is one of the best industrial machinery stocks to buy according to analysts. While retaining its Overweight rating for Rockwell Automation Inc. (NYSE:ROK), KeyBanc increased its price target for the industrial automation company from $345 to $360 on June 13.
The firm raised its earnings per share projection for fiscal year 2026 from $11.44 to $11.60, citing strengthened margins and better implementation of operational excellence programs. KeyBanc also observed continued momentum in Rockwell’s project pipeline as the year progresses.
KeyBanc claims that despite recent volatility in trade policy headlines, Rockwell Automation Inc. (NYSE:ROK) has not encountered significant project cancellations or delays. Channel destocking has mostly recovered from its trough levels, the firm said, and when comparisons relax in the second half of fiscal 2025, forecasts for a recovery in discrete markets may turn out to be conservative.
Rockwell Automation Inc. (NYSE:ROK) is a leading player in industrial automation and digital transformation. It offers solutions that assist manufacturers in improving process control, increasing efficiency, and optimizing operations.
9. Eaton Corporation plc (NYSE:ETN)
Analyst Upside: 1.09%
Number of Hedge Fund Holders: 85
Eaton Corporation plc (NYSE:ETN) is one of the best industrial machinery stocks to buy according to analysts. On June 16th, Eaton Corporation plc (NYSE:ETN) signed an agreement with the Cobham Ultra Group to acquire Ultra PCS Limited for $1.55 billion. Operating in the US and the UK, Ultra PCS Limited provides aerospace clients with sensors, data processing, electronic controls systems.
Eaton’s portfolio of military and commercial aviation systems is set to expand as a result of the acquisition. The company claims that its existing product line will be enhanced by Ultra PCS’s safety and mission-critical aerospace systems solutions.
Additionally, as part of the ATLNext expansion project, Eaton Corporation plc (NYSE:ETN) recently won several contracts totaling about $25 million to enhance the electrical infrastructure at Hartsfield-Jackson Atlanta International Airport.
Power management company Eaton Corporation plc (NYSE:ETN) manufactures mechanical, hydraulic, and electrical systems to assist in safe and effective energy management. Circuit breakers, power distribution equipment, hydraulics, and vehicle components are some of its main offerings.
8. Emerson Electric Co. (NYSE:EMR)
Analyst Upside: 1.62%
Number of Hedge Fund Holders: 39
Emerson Electric Co. (NYSE:EMR) is one of the best industrial machinery stocks to buy according to analysts. KeyBanc maintained its Overweight rating on Emerson Electric Co. (NYSE:EMR) and raised its price target from $150 to $155 on July 1.
The update follows KeyBanc’s meeting with Mike Baughman, CFO of Emerson Electric Co. (NYSE:EMR), and the Investor Relations team at the company’s new Clayton, Missouri, corporate headquarters. Emerson Electric Co. (NYSE:EMR), having become a pure-play industrial automation behemoth, is seen by KeyBanc as “an underappreciated story” with robust growth prospects and improved profitability.
Following Emerson’s announcement of Project Beyond, KeyBanc was better able to understand the company’s long-term software plan. Emerson’s final transition from a one-third software mix to a two-thirds one is expected to take a decade, the firm stated.
Emerson Electric Co. (NYSE:EMR) is an American manufacturing company that provides products and services for consumer, business, and industrial markets. By purchasing well-known brand names, the company has expanded to become a significant player in industrial automation.
7. Parker-Hannifin Corporation (NYSE:PH)
Analyst Upside: 1.88%
Number of Hedge Fund Holders: 51
Parker-Hannifin Corporation (NYSE:PH) is one of the best industrial machinery stocks to buy according to analysts. Parker-Hannifin Corporation (NYSE:PH) announced on June 30 that it had reached an agreement to acquire Curtis Instruments, Inc. from Rehlko for roughly $1 billion in cash with the aim of increasing its electrification capabilities.
Curtis Instruments develops and manufactures instrumentation, power conversion, motor speed controllers, and input devices that facilitate Parker’s electrification technologies and electric vehicle motors. By using its business system, The Win Strategy, Parker-Hannifin Corporation (NYSE:PH) expects to achieve operational synergies.
Separately, Parker-Hannifin Corporation (NYSE:PH) recently announced its first-quarter 2025 earnings, which slightly missed forecasts at $4.96 billion in revenue yet beat analysts’ expectations with adjusted earnings per share of $6.94. The company showed resilience in spite of the revenue miss, as seen by a noteworthy 9.4% growth in net income and a 7% gain in adjusted EPS.
Parker-Hannifin Corporation (NYSE:PH) is a multinational manufacturer that specializes in motion and control technologies. The company serves the industrial, mobile, and aerospace industries.
6. Graco Inc. (NYSE:GGG)
Analyst Upside: 3.17%
Number of Hedge Fund Holders: 30
Graco Inc. (NYSE:GGG) is one of the best industrial machinery stocks to buy according to analysts. On June 18, Nigel Coe, an analyst at Wolfe Research, reaffirmed his Outperform rating on Graco Inc. (NYSE:GGG). The rating continuation comes at a time where Graco continues to manage market conditions in its contractor and industrial markets.
Despite conflicting economic signals in some of its end markets, Graco’s first-quarter 2025 results, which were released in April, showed stability in performance across all of its business divisions. The company raked in $528 million in revenue, slightly higher than the $526.95 million that was expected.
Furthermore, in an effort to improve operational efficiency, Graco Inc. (NYSE:GGG) has announced plans to relocate its operations in Minnesota from its Riverside Minneapolis location to campuses in Rogers, Dayton, and Anoka.
Graco Inc. (NYSE:GGG) is a global manufacturer that specializes in coating and fluid management systems, and serves the manufacturing, construction, and maintenance sectors. The company produces and markets machinery for transporting, combining, and spraying complex substances.
5. Ingersoll Rand Inc. (NYSE:IR)
Analyst Upside: 4.90%
Number of Hedge Fund Holders: 32
Ingersoll Rand Inc. (NYSE:IR) is one of the best industrial machinery stocks to buy according to analysts. On July 1, Ingersoll Rand Inc. (NYSE:IR) committed approximately €160 million to acquire Italian compressor manufacturer Termomeccanica Industrial Compressors S.p.A. (TMIC) and its subsidiary Adicomp S.p.A.
TMIC and Adicomp will join Ingersoll Rand’s Industrial Technologies and Services division. TMIC has more than a century of experience in designing and manufacturing air and gas compressors, while Adicomp offers engineered-to-order solutions for the renewable natural gas sector. The acquisition boosts Ingersoll Rand’s capacity to produce packaging and renewable natural gas gas-ends.
With an anticipated post-synergy multiple in the mid-to-high single digits, the acquisition was undertaken at what the company called an attractive low-double-digit multiple.
Ingersoll Rand Inc. (NYSE:IR) provides essential air, fluid, and energy technology to scientific, industrial, and medical applications across the globe. Precision & Science Technologies and Industrial Technologies & Services are the company’s two primary business divisions.
4. Crane Company (NYSE:CR)
Analyst Upside: 5.29%
Number of Hedge Fund Holders: 39
Crane Company (NYSE:CR) is one of the best industrial machinery stocks to buy according to analysts. On June 9, Stifel analysts reiterated their Hold rating on Crane Company (NYSE:CR) while raising their price target from $150 to $165.
Notably, the update follows a deal that Crane Company (NYSE:CR) struck to acquire Precision Sensors & Instrumentation (PSI). PSI is well known for its sensor-based technology applications in the industrial, nuclear, and aerospace sectors. By acquiring PSI, Crane Company (NYSE:CR) aims to expand its portfolio in the sensor technology sector, which is essential for many high-precision industries.
The agreement is valued at $1.06 billion, including anticipated tax savings, with an estimated net present value of approximately $90 million. Following the acquisition, Crane Company (NYSE:CR) is expected to have financial leverage thanks to these tax advantages.
Crane Company (NYSE:CR) is a leading manufacturer of industrial products. The company operates through four segments: Aerospace & Electronics, Process Flow Technologies, Payment & Merchandising Technologies, and Engineered Materials.
3. Dover Corporation (NYSE:DOV)
Analyst Upside: 8.77%
Number of Hedge Fund Holders: 53
Dover Corporation (NYSE:DOV) is one of the best industrial machinery stocks to buy according to analysts. Dover Corporation (NYSE:DOV) announced on June 18 that it had acquired ipp Pump Products GmbH, a German producer of sanitary pump infrastructure. The Bersenbrück-based company will join Dover’s Pumps & Process Solutions segment as a part of the Pump Solutions Group (PSG) business unit.
Ipp specializes in developing progressive and hygienic lobe pumps as well as other processing equipment for use in the food and beverage, cosmetics, pharmaceutical, and other sectors that need to adhere to sanitary regulations. PSG President Karl Buscher stated that the acquisition expands PSG’s pump portfolio with complementary technologies to address customers in a number of critical end market.
Dover Corporation (NYSE:DOV) provides an array of industrial products, including data cooling, fuel systems, clean energy, biopharma, and vehicle maintenance. It operates across five business divisions with an emphasis on precise engineering, automation, and sustainability.
2. Deere & Company (NYSE:DE)
Analyst Upside: 8.80%
Number of Hedge Fund Holders: 53
Deere & Company (NYSE:DE) is one of the best industrial machinery stocks to buy according to analysts. On June 16, Truist Securities reaffirmed its $619 price target and Buy rating on Deere & Company (NYSE:DE), pointing to the company’s strategic position in Brazil as a major growth opportunity.
In order to facilitate the adoption of precision agriculture, Deere & Company (NYSE:DE) has made significant investments in Brazil over the past 25 years by localizing manufacturing and product development while bolstering its dealer network. Through these initiatives, Deere has improved its cost competitiveness in the region and taken the lead in market share in Brazil.
Given that market share growth and farmer adoption of Deere’s precise technology are positively correlated, Truist believes the company aims to increase its market share in Brazil to equal that of North America.
Deere & Company (NYSE:DE) is an American company that manufactures agricultural, heavy, and forestry machinery, diesel engines, heavy equipment drivetrains, and lawn care equipment. The company also provides financial services and engages in other business operations.
1. Helios Technologies, Inc. (NYSE:HLIO)
Analyst Upside: 19.69%
Number of Hedge Fund Holders: 15
Helios Technologies Inc. (NYSE:HLIO) is one of the best industrial machinery stocks to buy according to analysts. On June 26, KeyBanc raised Helios Technologies Inc. (NYSE:HLIO) from Sector Weight to Overweight, setting a $40 price target as the company’s new leadership and strategy are seen as promising.
The upgrade coincides with KeyBanc’s declaration that it is confident short-cycle markets have bottomed out, setting Helios up for an eventual market recovery with substantial margin leverage potential. The firm admits that in the near future, margin issues brought on by excess capacity will likely persist.
Sean Bagan, the newly appointed CEO at Helios Technologies Inc. (NYSE:HLIO), intrigued KeyBanc with his remarks about refining the company’s go-to-market strategy and putting in place a more thorough assessment of Helios’ operational footprint and portfolio.
Helios Technologies Inc. (NYSE:HLIO), together with its subsidiaries, develops and manufactures innovative products and solutions for a range of end markets, including hydraulic cartridge valves, quick-release couplings, and customized electronic control systems.
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