Xylem Inc. (NYSE:XYL) Given Average Rating of “Moderate Buy” by Brokerages

Xylem Inc. (NYSE:XYL) has received an average rating of “Moderate Buy” from the thirteen brokerages that are presently covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $147.17.

Several equities research analysts have issued reports on the stock. Robert W. Baird decreased their price objective on shares of Xylem from $175.00 to $154.00 and set an “outperform” rating for the company in a research note on Friday, November 1st. TD Cowen decreased their price target on shares of Xylem from $138.00 to $125.00 and set a “hold” rating for the company in a research report on Wednesday. Royal Bank of Canada cut their price objective on Xylem from $163.00 to $162.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st. Stifel Nicolaus upped their target price on Xylem from $170.00 to $172.00 and gave the stock a “buy” rating in a research report on Wednesday, July 31st. Finally, UBS Group initiated coverage on Xylem in a report on Tuesday, August 13th. They set a “buy” rating and a $165.00 target price on the stock.

Institutional Trading of Xylem

Several hedge funds and other institutional investors have recently bought and sold shares of XYL. EverSource Wealth Advisors LLC increased its holdings in shares of Xylem by 68.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 189 shares of the industrial products company’s stock valued at $25,000 after acquiring an additional 77 shares during the last quarter. Bangor Savings Bank raised its holdings in shares of Xylem by 56.7% during the third quarter. Bangor Savings Bank now owns 235 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 85 shares during the period. Mark Sheptoff Financial Planning LLC acquired a new stake in shares of Xylem during the second quarter worth $33,000. Blue Trust Inc. lifted its position in shares of Xylem by 1,185.7% in the 2nd quarter. Blue Trust Inc. now owns 270 shares of the industrial products company’s stock worth $35,000 after buying an additional 249 shares during the last quarter. Finally, FinTrust Capital Advisors LLC boosted its holdings in shares of Xylem by 170.9% in the 1st quarter. FinTrust Capital Advisors LLC now owns 317 shares of the industrial products company’s stock valued at $41,000 after buying an additional 200 shares during the period. 87.96% of the stock is owned by institutional investors.

Xylem Stock Performance

NYSE:XYL opened at $123.73 on Thursday. The company has a market cap of $30.06 billion, a P/E ratio of 36.18, a P/E/G ratio of 2.23 and a beta of 1.05. The firm’s 50 day moving average is $132.21 and its two-hundred day moving average is $135.16. Xylem has a fifty-two week low of $95.35 and a fifty-two week high of $146.08. The company has a quick ratio of 1.42, a current ratio of 1.96 and a debt-to-equity ratio of 0.19.

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

Xylem Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 26th. Stockholders of record on Thursday, August 29th were given a dividend of $0.36 per share. The ex-dividend date was Thursday, August 29th. This represents a $1.44 annualized dividend and a dividend yield of 1.16%. Xylem’s payout ratio is 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.