Xylem Inc. (NYSE:XYL) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Xylem Inc. (NYSE:XYL) have been given a consensus rating of “Moderate Buy” by the twelve research firms that are currently covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $152.20.

A number of analysts have recently commented on the company. Citigroup upgraded Xylem from a “neutral” rating to a “buy” rating and upped their target price for the stock from $135.00 to $148.00 in a research note on Monday, December 9th. TD Cowen lowered their price objective on Xylem from $138.00 to $125.00 and set a “hold” rating on the stock in a research report on Wednesday, November 6th. Robert W. Baird cut their target price on shares of Xylem from $175.00 to $154.00 and set an “outperform” rating for the company in a report on Friday, November 1st. Wolfe Research reiterated a “peer perform” rating on shares of Xylem in a research note on Thursday, December 12th. Finally, Royal Bank of Canada dropped their price target on shares of Xylem from $163.00 to $162.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st.

Institutional Investors Weigh In On Xylem

Several large investors have recently bought and sold shares of XYL. Blue Trust Inc. raised its stake in Xylem by 1,185.7% in the 2nd quarter. Blue Trust Inc. now owns 270 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 249 shares during the last quarter. Raymond James & Associates lifted its stake in shares of Xylem by 7.7% in the second quarter. Raymond James & Associates now owns 121,776 shares of the industrial products company’s stock worth $16,517,000 after buying an additional 8,721 shares in the last quarter. Hennion & Walsh Asset Management Inc. acquired a new position in Xylem during the second quarter worth about $344,000. Fifth Third Wealth Advisors LLC purchased a new stake in Xylem during the 2nd quarter valued at about $258,000. Finally, &PARTNERS raised its holdings in Xylem by 144.0% in the 2nd quarter. &PARTNERS now owns 9,268 shares of the industrial products company’s stock valued at $1,249,000 after acquiring an additional 5,470 shares during the last quarter. 87.96% of the stock is currently owned by hedge funds and other institutional investors.

Xylem Stock Performance

XYL opened at $118.47 on Friday. The firm has a 50 day moving average of $124.57 and a two-hundred day moving average of $131.23. The firm has a market capitalization of $28.78 billion, a PE ratio of 34.64, a P/E/G ratio of 2.22 and a beta of 1.05. The company has a current ratio of 1.96, a quick ratio of 1.42 and a debt-to-equity ratio of 0.19. Xylem has a 12-month low of $109.39 and a 12-month high of $146.08.

Xylem (NYSE:XYL) last posted its earnings results on Thursday, October 31st. The industrial products company reported $1.11 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.11. Xylem had a net margin of 9.85% and a return on equity of 9.61%. The company had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.17 billion. During the same period in the previous year, the firm posted $0.99 earnings per share. The firm’s quarterly revenue was up .2% on a year-over-year basis. On average, analysts anticipate that Xylem will post 4.23 EPS for the current year.

Xylem Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Tuesday, November 26th were paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date was Tuesday, November 26th. Xylem’s dividend payout ratio is presently 42.11%.

About Xylem

Xylem Inc, together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions worldwide. It operates through four segments: Water Infrastructure, Applied Water, Measurement & Control Solutions, and Integrated Solutions and Services. The Water Infrastructure segment offers products, including water, storm water, and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment and rental services under the ADI, Flygt, Godwin, Sanitaire, Magneto, Neptune Benson, Ionpure, Leopold, Wedeco, and Xylem Vue brands.