FY2024 Earnings Estimate for Xylem Issued By Seaport Res Ptn

Xylem Inc. (NYSE:XYL) – Investment analysts at Seaport Res Ptn decreased their FY2024 EPS estimates for Xylem in a report issued on Monday, November 4th. Seaport Res Ptn analyst S. Graham now expects that the industrial products company will earn $4.23 per share for the year, down from their prior forecast of $4.25. The consensus estimate for Xylem’s current full-year earnings is $4.23 per share. Seaport Res Ptn also issued estimates for Xylem’s Q1 2025 earnings at $0.97 EPS, Q2 2025 earnings at $1.19 EPS, Q3 2025 earnings at $1.21 EPS, Q4 2025 earnings at $1.29 EPS, Q1 2026 earnings at $1.10 EPS, Q2 2026 earnings at $1.33 EPS, Q3 2026 earnings at $1.33 EPS and FY2026 earnings at $5.15 EPS.

A number of other equities research analysts also recently weighed in on the stock. Robert W. Baird reduced their price target on shares of Xylem from $175.00 to $154.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st. Royal Bank of Canada dropped their price objective on shares of Xylem from $163.00 to $162.00 and set an “outperform” rating for the company in a report on Friday, November 1st. UBS Group began coverage on shares of Xylem in a report on Tuesday, August 13th. They issued a “buy” rating and a $165.00 price objective for the company. Stifel Nicolaus raised their price objective on shares of Xylem from $170.00 to $172.00 and gave the company a “buy” rating in a report on Wednesday, July 31st. Finally, TD Cowen dropped their price objective on shares of Xylem from $138.00 to $125.00 and set a “hold” rating for the company in a report on Wednesday. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $147.17.

Xylem Trading Up 1.2 %

XYL opened at $123.73 on Tuesday. The company’s 50 day moving average is $132.21 and its 200-day moving average is $135.16. Xylem has a 1-year low of $95.35 and a 1-year high of $146.08. The company has a current ratio of 1.96, a quick ratio of 1.42 and a debt-to-equity ratio of 0.19. The company has a market cap of $30.06 billion, a P/E ratio of 36.14, a PEG ratio of 2.23 and a beta of 1.05.

Xylem (NYSE:XYL) last posted its quarterly earnings results on Thursday, October 31st. The industrial products company reported $1.11 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.11. Xylem had a net margin of 9.85% and a return on equity of 9.61%. The company had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.17 billion. During the same period last year, the company posted $0.99 EPS. The firm’s quarterly revenue was up .2% compared to the same quarter last year.

Xylem Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 26th. Shareholders of record on Thursday, August 29th were issued a dividend of $0.36 per share. The ex-dividend date was Thursday, August 29th. This represents a $1.44 annualized dividend and a yield of 1.16%. Xylem’s payout ratio is 42.11%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in XYL. EverSource Wealth Advisors LLC increased its stake in shares of Xylem by 68.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 189 shares of the industrial products company’s stock valued at $25,000 after acquiring an additional 77 shares in the last quarter. Bangor Savings Bank increased its stake in shares of Xylem by 56.7% in the 3rd quarter. Bangor Savings Bank now owns 235 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 85 shares in the last quarter. Mark Sheptoff Financial Planning LLC bought a new stake in shares of Xylem in the 2nd quarter valued at $33,000. Blue Trust Inc. increased its stake in shares of Xylem by 1,185.7% in the 2nd quarter. Blue Trust Inc. now owns 270 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 249 shares in the last quarter. Finally, Assetmark Inc. increased its stake in shares of Xylem by 3,887.5% in the 3rd quarter. Assetmark Inc. now owns 319 shares of the industrial products company’s stock valued at $43,000 after acquiring an additional 311 shares in the last quarter. Institutional investors own 87.96% of the company’s stock.

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.