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

Xylem Inc. (NYSE:XYL) has been given an average rating of “Moderate Buy” by the fourteen research firms that are covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 12-month target price among analysts that have covered the stock in the last year is $147.54.

Several research analysts recently commented on XYL shares. Stifel Nicolaus lifted their target price on shares of Xylem from $170.00 to $172.00 and gave the stock a “buy” rating in a report on Wednesday, July 31st. Oppenheimer boosted their price objective on Xylem from $147.00 to $152.00 and gave the stock an “outperform” rating in a research report on Friday, May 31st. Royal Bank of Canada raised their target price on Xylem from $160.00 to $163.00 and gave the company an “outperform” rating in a report on Wednesday, July 31st. UBS Group assumed coverage on Xylem in a report on Tuesday, August 13th. They set a “buy” rating and a $165.00 price target for the company. Finally, Argus raised their price objective on shares of Xylem from $146.00 to $165.00 and gave the stock a “buy” rating in a research note on Wednesday, May 29th.

Institutional Investors Weigh In On Xylem

A number of large investors have recently bought and sold shares of the business. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its position in Xylem by 1,503.7% during the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,649,926 shares of the industrial products company’s stock worth $188,685,000 after buying an additional 1,547,043 shares in the last quarter. Duality Advisers LP acquired a new position in shares of Xylem during the first quarter worth approximately $6,746,000. Vanguard Group Inc. grew its stake in shares of Xylem by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 28,048,996 shares of the industrial products company’s stock valued at $3,207,683,000 after purchasing an additional 187,847 shares during the last quarter. Russell Investments Group Ltd. increased its holdings in shares of Xylem by 12.9% in the first quarter. Russell Investments Group Ltd. now owns 338,315 shares of the industrial products company’s stock valued at $43,737,000 after purchasing an additional 38,603 shares in the last quarter. Finally, California State Teachers Retirement System raised its position in Xylem by 1.4% in the 1st quarter. California State Teachers Retirement System now owns 393,856 shares of the industrial products company’s stock worth $50,902,000 after purchasing an additional 5,477 shares during the last quarter. 87.96% of the stock is currently owned by institutional investors.

Xylem Stock Performance

Shares of XYL opened at $130.83 on Wednesday. The firm has a market cap of $31.78 billion, a price-to-earnings ratio of 46.56, a price-to-earnings-growth ratio of 2.31 and a beta of 1.04. The company’s fifty day moving average is $133.88 and its 200-day moving average is $134.00. The company has a quick ratio of 1.33, a current ratio of 1.85 and a debt-to-equity ratio of 0.19. Xylem has a 12 month low of $87.59 and a 12 month high of $146.08.

Xylem (NYSE:XYL) last issued its quarterly earnings data on Tuesday, July 30th. The industrial products company reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.05 by $0.04. Xylem had a return on equity of 9.48% and a net margin of 9.11%. The business had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.14 billion. During the same period last year, the business earned $0.98 EPS. The firm’s revenue was up 26.0% compared to the same quarter last year. Equities analysts expect that Xylem will post 4.26 EPS for the current fiscal year.

Xylem Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 26th. Stockholders of record on Thursday, August 29th will be issued a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 1.10%. The ex-dividend date is Thursday, August 29th. Xylem’s payout ratio is 51.25%.

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.