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

Shares of Xylem Inc. (NYSE:XYL) have received an average recommendation of “Moderate Buy” from the eleven ratings firms that are covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $149.90.

XYL has been the topic of several recent research reports. Wolfe Research reaffirmed a “peer perform” rating on shares of Xylem in a report on Thursday, December 12th. Stifel Nicolaus cut their price target on Xylem from $166.00 to $150.00 and set a “buy” rating on the stock in a research report on Friday, January 24th. Royal Bank of Canada reduced their price objective on Xylem from $163.00 to $162.00 and set an “outperform” rating for the company in a research note on Friday, November 1st. Citigroup downgraded Xylem from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 5th. Finally, Robert W. Baird lifted their price target on Xylem from $139.00 to $148.00 and gave the company an “outperform” rating in a research report on Wednesday, February 5th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in XYL. Czech National Bank lifted its holdings in Xylem by 7.1% during the third quarter. Czech National Bank now owns 49,479 shares of the industrial products company’s stock valued at $6,681,000 after purchasing an additional 3,279 shares in the last quarter. CWM LLC lifted its stake in Xylem by 1.8% in the 3rd quarter. CWM LLC now owns 8,255 shares of the industrial products company’s stock valued at $1,115,000 after buying an additional 145 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt boosted its holdings in Xylem by 331.3% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 2,890 shares of the industrial products company’s stock worth $390,000 after buying an additional 2,220 shares during the last quarter. First Affirmative Financial Network purchased a new stake in Xylem during the 3rd quarter worth approximately $287,000. Finally, Evexia Wealth LLC raised its holdings in shares of Xylem by 29.8% during the third quarter. Evexia Wealth LLC now owns 5,083 shares of the industrial products company’s stock valued at $681,000 after acquiring an additional 1,168 shares during the last quarter. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Xylem Stock Performance

Shares of XYL stock opened at $129.83 on Friday. The business has a fifty day moving average of $121.17 and a 200 day moving average of $127.31. Xylem has a 1 year low of $113.26 and a 1 year high of $146.08. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.42. The firm has a market capitalization of $31.54 billion, a price-to-earnings ratio of 35.47, a price-to-earnings-growth ratio of 2.36 and a beta of 1.07.

Xylem (NYSE:XYL) last announced its quarterly earnings data on Tuesday, February 4th. The industrial products company reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.06. The firm had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.18 billion. Xylem had a return on equity of 9.96% and a net margin of 10.40%. The company’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period last year, the business posted $0.99 earnings per share. As a group, research analysts expect that Xylem will post 4.66 earnings per share for the current year.

Xylem Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Tuesday, February 18th will be given a $0.40 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This is a boost from Xylem’s previous quarterly dividend of $0.36. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.23%. Xylem’s payout ratio is 39.34%.

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.