Shares of Xylem Inc. (NYSE:XYL – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the twelve analysts that are presently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $165.80.
A number of equities analysts have weighed in on the stock. Argus set a $170.00 target price on shares of Xylem in a research note on Wednesday, October 29th. Mizuho reduced their price objective on Xylem from $160.00 to $150.00 and set a “neutral” rating for the company in a research report on Monday, January 5th. Robert W. Baird set a $178.00 price objective on Xylem in a research note on Wednesday, October 29th. Weiss Ratings reissued a “buy (b-)” rating on shares of Xylem in a report on Monday, December 29th. Finally, Citigroup raised their price target on Xylem from $173.00 to $182.00 and gave the company a “buy” rating in a report on Wednesday, October 29th.
Check Out Our Latest Stock Analysis on Xylem
Xylem Price Performance
Xylem (NYSE:XYL – Get Free Report) last released its earnings results on Tuesday, October 28th. The industrial products company reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.23 by $0.14. Xylem had a net margin of 10.66% and a return on equity of 10.77%. The firm had revenue of $2.27 billion for the quarter, compared to the consensus estimate of $2.22 billion. During the same period in the prior year, the firm earned $1.11 EPS. The company’s revenue was up 7.8% compared to the same quarter last year. Xylem has set its FY 2025 guidance at 5.030-5.080 EPS. Research analysts predict that Xylem will post 4.65 earnings per share for the current fiscal year.
Xylem Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Tuesday, November 25th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Tuesday, November 25th. Xylem’s dividend payout ratio (DPR) is currently 41.13%.
Insider Activity
In other news, Director Victoria D. Harker sold 1,700 shares of the company’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 transaction, the director owned 16,875 shares in the company, valued at approximately $2,499,862.50. This represents a 9.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Claudia S. Toussaint sold 10,421 shares of the stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $152.64, for a total transaction of $1,590,661.44. Following the sale, the executive vice president owned 31,250 shares in the company, valued at approximately $4,770,000. The trade was a 25.01% decrease in their position. The SEC filing for this sale provides additional information. 0.27% of the stock is currently owned by insiders.
Institutional Trading of Xylem
Several institutional investors have recently added to or reduced their stakes in XYL. SJS Investment Consulting Inc. increased its position in shares of Xylem by 1,844.4% during the 3rd quarter. SJS Investment Consulting Inc. now owns 175 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 166 shares during the last quarter. Knuff & Co LLC bought a new stake in Xylem during the third quarter valued at approximately $27,000. Wexford Capital LP bought a new stake in Xylem during the third quarter valued at approximately $27,000. First Horizon Corp purchased a new stake in Xylem during the third quarter valued at approximately $30,000. Finally, Ramirez Asset Management Inc. raised its position in Xylem by 100.0% in the third quarter. Ramirez Asset Management Inc. now owns 200 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 100 shares during the period. 87.96% of the stock is currently owned by hedge funds and other institutional investors.
Xylem Company Profile
Xylem Inc (NYSE: XYL) is a global water technology company that designs, manufactures and services engineered systems and equipment for the transport, treatment, testing and efficient use of water. Its product portfolio spans pumps and pumping systems, valves, filtration and disinfection equipment, sensors and analytical instruments, and digital solutions for monitoring and control of water infrastructure. Xylem serves the full water cycle with offerings for water and wastewater utilities, industrial customers, commercial and residential buildings, and agricultural applications.
The company was established as an independent publicly traded company in 2011 following a corporate spin-off from ITT Corporation and is headquartered in Rye Brook, New York.
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