Xylem (XYL) Rating Increased to Buy at ValuEngine

Xylem (NYSE:XYL) was upgraded by equities researchers at ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Tuesday, ValuEngine reports.

Several other analysts have also recently issued reports on XYL. Zacks Investment Research raised shares of Xylem from a “sell” rating to a “hold” rating in a research report on Saturday, April 13th. Stifel Nicolaus increased their price target on shares of Xylem from $80.00 to $93.00 and gave the stock a “buy” rating in a research report on Tuesday, April 16th. Boenning Scattergood reissued a “buy” rating on shares of Xylem in a research report on Friday, March 22nd. Janney Montgomery Scott cut shares of Xylem from a “buy” rating to a “neutral” rating in a research report on Friday, March 29th. Finally, BMO Capital Markets reissued a “buy” rating and set a $85.00 price target on shares of Xylem in a research report on Monday, February 25th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and ten have given a buy rating to the company’s stock. Xylem currently has a consensus rating of “Buy” and a consensus price target of $79.64.

NYSE XYL opened at $83.07 on Tuesday. Xylem has a 12 month low of $60.65 and a 12 month high of $83.76. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.08 and a current ratio of 1.51. The stock has a market capitalization of $14.93 billion, a price-to-earnings ratio of 28.84, a P/E/G ratio of 1.43 and a beta of 1.14.



Xylem (NYSE:XYL) last posted its earnings results on Thursday, January 31st. The industrial products company reported $0.88 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.88. Xylem had a net margin of 10.54% and a return on equity of 19.89%. The company had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.36 billion. As a group, analysts predict that Xylem will post 3.31 EPS for the current fiscal year.

In related news, SVP Claudia S. Toussaint sold 2,344 shares of the firm’s stock in a transaction that occurred on Wednesday, April 3rd. The shares were sold at an average price of $80.08, for a total value of $187,707.52. Following the sale, the senior vice president now owns 48,449 shares of the company’s stock, valued at $3,879,795.92. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Claudia S. Toussaint sold 8,215 shares of the firm’s stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $76.37, for a total transaction of $627,379.55. Following the completion of the sale, the senior vice president now directly owns 59,008 shares in the company, valued at approximately $4,506,440.96. The disclosure for this sale can be found here. Insiders have sold 80,195 shares of company stock worth $6,000,933 in the last three months. Corporate insiders own 0.85% of the company’s stock.

A number of large investors have recently modified their holdings of the stock. Parnassus Investments CA raised its holdings in Xylem by 1.3% in the fourth quarter. Parnassus Investments CA now owns 6,247,381 shares of the industrial products company’s stock valued at $416,825,000 after acquiring an additional 78,444 shares in the last quarter. Impax Asset Management Group plc raised its holdings in Xylem by 18.3% in the fourth quarter. Impax Asset Management Group plc now owns 4,299,123 shares of the industrial products company’s stock valued at $286,837,000 after acquiring an additional 666,437 shares in the last quarter. Norges Bank acquired a new stake in Xylem in the fourth quarter valued at approximately $251,391,000. Geode Capital Management LLC raised its holdings in Xylem by 6.3% in the fourth quarter. Geode Capital Management LLC now owns 2,270,489 shares of the industrial products company’s stock valued at $151,217,000 after acquiring an additional 134,307 shares in the last quarter. Finally, Northern Trust Corp raised its holdings in Xylem by 2.1% in the fourth quarter. Northern Trust Corp now owns 2,225,095 shares of the industrial products company’s stock valued at $148,458,000 after acquiring an additional 46,795 shares in the last quarter. 86.64% of the stock is currently owned by hedge funds and other institutional investors.

Xylem Company Profile

Xylem Inc engages in the design, manufacture, and servicing of engineered products and solutions for the water and wastewater applications. It operates in three segments: Water Infrastructure, Applied Water, and Measurement & Control Solutions. The Water Infrastructure segment offers various products, including water and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment under the Flygt, Godwin, Wedeco, Sanitaire, and Leopold names for the transportation and treatment of water.

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Analyst Recommendations for Xylem (NYSE:XYL)

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