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

Xylem Inc. (NYSE:XYL) has earned an average rating of “Moderate Buy” from the fourteen research firms that are currently covering the stock, Marketbeat.com reports. Six research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $166.90.

Several research firms have commented on XYL. UBS Group upped their price objective on shares of Xylem from $168.00 to $175.00 and gave the company a “buy” rating in a report on Thursday, November 6th. Wall Street Zen raised shares of Xylem from a “hold” rating to a “buy” rating in a research report on Saturday, August 9th. Robert W. Baird set a $178.00 price target on shares of Xylem in a research note on Wednesday, October 29th. Argus set a $170.00 price objective on shares of Xylem in a research note on Wednesday, October 29th. Finally, Cowen reissued a “hold” rating on shares of Xylem in a report on Tuesday, August 26th.

Insider Activity at Xylem

In other Xylem news, Director Victoria D. Harker sold 1,700 shares of the business’s stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $148.14, for a total value of $251,838.00. Following the completion of the transaction, the director owned 16,875 shares of the company’s stock, valued at $2,499,862.50. The trade was a 9.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Claudia S. Toussaint sold 10,421 shares of the company’s stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $152.64, for a total transaction of $1,590,661.44. Following the completion of the transaction, the executive vice president owned 31,250 shares of the company’s stock, valued at $4,770,000. This trade represents a 25.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.27% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Xylem

Hedge funds have recently made changes to their positions in the business. SJS Investment Consulting Inc. lifted its stake in Xylem by 1,844.4% in the third quarter. SJS Investment Consulting Inc. now owns 175 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 166 shares during the last quarter. Knuff & Co LLC bought a new stake in shares of Xylem in the 3rd quarter valued at about $27,000. Wexford Capital LP purchased a new stake in Xylem during the 3rd quarter valued at about $27,000. First Horizon Corp bought a new position in Xylem during the 3rd quarter worth approximately $30,000. Finally, Ramirez Asset Management Inc. increased its stake in Xylem by 100.0% in the 3rd quarter. Ramirez Asset Management Inc. now owns 200 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 100 shares during the period. 87.96% of the stock is currently owned by institutional investors.

Xylem Trading Down 0.1%

XYL opened at $140.81 on Friday. The company has a fifty day moving average price of $145.94 and a two-hundred day moving average price of $138.43. Xylem has a 1-year low of $100.47 and a 1-year high of $154.27. The company has a current ratio of 1.96, a quick ratio of 1.50 and a debt-to-equity ratio of 0.17. The company has a market cap of $34.28 billion, a P/E ratio of 36.20, a price-to-earnings-growth ratio of 2.19 and a beta of 1.18.

Xylem (NYSE:XYL) last released its quarterly earnings results on Tuesday, October 28th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.23 by $0.14. The business had revenue of $2.27 billion during the quarter, compared to the consensus estimate of $2.22 billion. Xylem had a return on equity of 10.77% and a net margin of 10.66%.The company’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.11 EPS. Xylem has set its FY 2025 guidance at 5.030-5.080 EPS. Analysts predict that Xylem will post 4.65 EPS for the current fiscal year.

Xylem Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Investors of record on Tuesday, November 25th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.1%. The ex-dividend date is Tuesday, November 25th. Xylem’s payout ratio is presently 41.13%.

Xylem Company Profile

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.