Brokerages Set Xylem Inc. (NYSE:XYL) PT at $140.70

Shares of Xylem Inc. (NYSE:XYL) have been assigned a consensus rating of “Moderate Buy” from the twelve ratings firms that are currently covering the firm, Marketbeat reports. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $140.70.

XYL has been the subject of several research reports. Oppenheimer raised their target price on Xylem from $142.00 to $147.00 and gave the company an “outperform” rating in a research note on Friday, May 3rd. Citigroup boosted their target price on shares of Xylem from $126.00 to $139.00 and gave the stock a “neutral” rating in a report on Monday, April 8th. Stifel Nicolaus increased their target price on shares of Xylem from $136.00 to $150.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. Royal Bank of Canada lifted their price target on shares of Xylem from $157.00 to $162.00 and gave the stock an “outperform” rating in a research report on Friday, May 3rd. Finally, BNP Paribas assumed coverage on Xylem in a report on Tuesday, March 12th. They issued an “outperform” rating and a $150.00 target price on the stock.

Insider Transactions at Xylem

In related news, CAO Geri-Michelle Mcshane sold 1,000 shares of the company’s stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $122.89, for a total transaction of $122,890.00. Following the transaction, the chief accounting officer now directly owns 2,935 shares of the company’s stock, valued at $360,682.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.27% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Commonwealth Equity Services LLC increased its stake in shares of Xylem by 0.9% in the third quarter. Commonwealth Equity Services LLC now owns 69,566 shares of the industrial products company’s stock worth $6,333,000 after acquiring an additional 645 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its position in Xylem by 3.1% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 18,603 shares of the industrial products company’s stock worth $1,693,000 after purchasing an additional 553 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in shares of Xylem by 21.2% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 23,782 shares of the industrial products company’s stock worth $2,165,000 after purchasing an additional 4,157 shares in the last quarter. Mackenzie Financial Corp lifted its holdings in shares of Xylem by 14.6% during the 3rd quarter. Mackenzie Financial Corp now owns 48,640 shares of the industrial products company’s stock valued at $4,384,000 after buying an additional 6,208 shares during the last quarter. Finally, Strs Ohio grew its stake in shares of Xylem by 21.4% in the 3rd quarter. Strs Ohio now owns 15,670 shares of the industrial products company’s stock valued at $1,426,000 after buying an additional 2,760 shares in the last quarter. 87.96% of the stock is owned by hedge funds and other institutional investors.

Xylem Trading Up 0.3 %

Shares of NYSE:XYL opened at $143.00 on Thursday. Xylem has a twelve month low of $87.59 and a twelve month high of $143.62. The company has a current ratio of 1.67, a quick ratio of 1.22 and a debt-to-equity ratio of 0.19. The firm has a market cap of $34.67 billion, a P/E ratio of 50.89, a P/E/G ratio of 2.66 and a beta of 1.08. The company has a 50 day moving average of $130.12 and a 200-day moving average of $117.13.

Xylem (NYSE:XYL) last released its earnings results on Thursday, May 2nd. The industrial products company reported $0.90 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.06. Xylem had a return on equity of 8.95% and a net margin of 8.34%. The firm had revenue of $2.03 billion during the quarter, compared to the consensus estimate of $2 billion. During the same period in the prior year, the firm posted $0.72 earnings per share. The firm’s revenue for the quarter was up 40.4% compared to the same quarter last year. As a group, analysts anticipate that Xylem will post 4.24 earnings per share for the current fiscal year.

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.