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

Xylem Inc. (NYSE:XYL) has been assigned an average recommendation of “Moderate Buy” from the thirteen ratings firms that are covering the company, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $152.7692.

A number of research firms have commented on XYL. Royal Bank Of Canada lowered their price objective on Xylem from $176.00 to $162.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 11th. Barclays cut their target price on Xylem from $156.00 to $154.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Oppenheimer decreased their price target on Xylem from $160.00 to $158.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 29th. Stifel Nicolaus dropped their price target on Xylem from $163.00 to $159.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Finally, Mizuho set a $138.00 price objective on shares of Xylem in a research report on Wednesday, February 11th.

Insider Activity at Xylem

In other Xylem news, CAO Geri-Michelle Mcshane sold 4,269 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $117.46, for a total transaction of $501,436.74. Following the completion of the transaction, the chief accounting officer directly owned 3,605 shares in the company, valued at $423,443.30. The trade was a 54.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Jerome A. Peribere bought 1,210 shares of the business’s stock in a transaction on Monday, May 4th. The shares were acquired at an average price of $116.61 per share, with a total value of $141,098.10. Following the completion of the purchase, the director directly owned 27,209 shares of the company’s stock, valued at approximately $3,172,841.49. The trade was a 4.65% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 0.32% of the company’s stock.

Hedge Funds Weigh In On Xylem

A number of institutional investors have recently modified their holdings of the business. Allen Capital Group LLC lifted its position in shares of Xylem by 13.2% during the 1st quarter. Allen Capital Group LLC now owns 6,300 shares of the industrial products company’s stock worth $753,000 after buying an additional 734 shares during the last quarter. Segall Bryant & Hamill LLC bought a new position in Xylem in the first quarter valued at about $231,000. Western Wealth Management LLC bought a new position in Xylem in the first quarter valued at about $88,000. Edgestream Partners L.P. raised its stake in Xylem by 118.3% during the first quarter. Edgestream Partners L.P. now owns 60,778 shares of the industrial products company’s stock worth $7,263,000 after acquiring an additional 32,940 shares in the last quarter. Finally, Altshuler Shaham Ltd bought a new position in shares of Xylem in the first quarter worth about $49,000. Institutional investors and hedge funds own 87.96% of the company’s stock.

Xylem Stock Performance

Shares of NYSE:XYL opened at $109.00 on Friday. Xylem has a 12-month low of $105.29 and a 12-month high of $154.27. The company’s 50 day moving average price is $118.04 and its two-hundred day moving average price is $129.90. The firm has a market cap of $25.91 billion, a PE ratio of 27.11, a PEG ratio of 1.57 and a beta of 1.08. The company has a quick ratio of 1.10, a current ratio of 1.46 and a debt-to-equity ratio of 0.13.

Xylem (NYSE:XYL) last released its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $1.12 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.03. The company had revenue of $2.13 billion during the quarter, compared to the consensus estimate of $2.11 billion. Xylem had a net margin of 10.79% and a return on equity of 11.26%. The firm’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.03 earnings per share. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. Equities research analysts predict that Xylem will post 5.51 earnings per share for the current year.

Xylem declared that its Board of Directors has approved a stock repurchase plan on Wednesday, February 25th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the industrial products company to purchase up to 4.8% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its shares are undervalued.

Xylem Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, May 28th will be given a $0.43 dividend. The ex-dividend date is Thursday, May 28th. This represents a $1.72 annualized dividend and a dividend yield of 1.6%. Xylem’s payout ratio is presently 42.79%.

About Xylem

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.