Xylem Inc. (NYSE:XYL) Receives $149.90 Average PT from Analysts

Shares of Xylem Inc. (NYSE:XYL) have been given a consensus recommendation of “Moderate Buy” by the eleven research firms that are presently covering the firm, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $149.90.

Several research analysts have recently weighed in on the stock. Robert W. Baird increased their price objective on shares of Xylem from $139.00 to $148.00 and gave the stock an “outperform” rating in a report on Wednesday, February 5th. Stifel Nicolaus lowered their price objective on shares of Xylem from $166.00 to $150.00 and set a “buy” rating for the company in a research report on Friday, January 24th. Citigroup cut Xylem from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 5th. Finally, Wolfe Research restated a “peer perform” rating on shares of Xylem in a research note on Thursday, December 12th.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Swedbank AB increased its stake in Xylem by 22.8% in the 3rd quarter. Swedbank AB now owns 2,991,583 shares of the industrial products company’s stock worth $403,953,000 after purchasing an additional 554,609 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Xylem by 6.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,412 shares of the industrial products company’s stock valued at $191,000 after buying an additional 87 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of Xylem by 1.9% during the 3rd quarter. Janney Montgomery Scott LLC now owns 38,427 shares of the industrial products company’s stock valued at $5,189,000 after buying an additional 713 shares during the last quarter. Van ECK Associates Corp lifted its holdings in shares of Xylem by 7.3% during the 3rd quarter. Van ECK Associates Corp now owns 6,700 shares of the industrial products company’s stock valued at $883,000 after buying an additional 458 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its stake in shares of Xylem by 27.1% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 314,964 shares of the industrial products company’s stock valued at $42,530,000 after acquiring an additional 67,061 shares in the last quarter. 87.96% of the stock is owned by institutional investors and hedge funds.

Xylem Price Performance

Xylem stock opened at $130.79 on Wednesday. Xylem has a 52 week low of $113.26 and a 52 week high of $146.08. The company has a quick ratio of 1.33, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. The firm’s 50-day simple moving average is $124.00 and its 200 day simple moving average is $127.00. The firm has a market capitalization of $31.79 billion, a PE ratio of 35.74, a P/E/G ratio of 2.33 and a beta of 1.08.

Xylem (NYSE:XYL) last released its earnings results on Tuesday, February 4th. The industrial products company reported $1.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.12 by $0.06. The company had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.18 billion. Xylem had a net margin of 10.40% and a return on equity of 9.96%. The firm’s quarterly revenue was up 8.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.99 EPS. On average, equities research analysts predict that Xylem will post 4.65 EPS for the current fiscal year.

Xylem Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Tuesday, February 18th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.22%. This is a positive change from Xylem’s previous quarterly dividend of $0.36. The ex-dividend date of this dividend is Tuesday, February 18th. Xylem’s dividend payout ratio (DPR) is 43.72%.

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.