Xylem Inc. (NYSE:XYL) Receives $152.20 Average Target Price from Analysts

Shares of Xylem Inc. (NYSE:XYL) have received a consensus rating of “Moderate Buy” from the twelve research firms that are presently covering the firm, 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 brokers that have issued ratings on the stock in the last year is $152.20.

A number of research firms have issued reports on XYL. Robert W. Baird cut their price objective on shares of Xylem from $175.00 to $154.00 and set an “outperform” rating on the stock in a report on Friday, November 1st. Wolfe Research restated a “peer perform” rating on shares of Xylem in a report on Thursday, December 12th. Citigroup upgraded shares of Xylem from a “neutral” rating to a “buy” rating and increased their price objective for the company from $135.00 to $148.00 in a research note on Monday, December 9th. TD Cowen dropped their target price on shares of Xylem from $138.00 to $125.00 and set a “hold” rating on the stock in a research report on Wednesday, November 6th. Finally, Royal Bank of Canada reduced their target price on Xylem from $163.00 to $162.00 and set an “outperform” rating for the company in a report on Friday, November 1st.

Institutional Trading of Xylem

A number of institutional investors have recently modified their holdings of XYL. Bangor Savings Bank lifted its position in shares of Xylem by 56.7% during the third quarter. Bangor Savings Bank now owns 235 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 85 shares in the last quarter. Mark Sheptoff Financial Planning LLC bought a new position in Xylem in the 2nd quarter worth about $33,000. Blue Trust Inc. boosted its stake in Xylem by 1,185.7% in the 2nd quarter. Blue Trust Inc. now owns 270 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 249 shares during the period. Assetmark Inc. grew its holdings in Xylem by 3,887.5% during the 3rd quarter. Assetmark Inc. now owns 319 shares of the industrial products company’s stock valued at $43,000 after buying an additional 311 shares in the last quarter. Finally, Catalyst Capital Advisors LLC lifted its holdings in shares of Xylem by 226.0% in the third quarter. Catalyst Capital Advisors LLC now owns 339 shares of the industrial products company’s stock worth $46,000 after buying an additional 235 shares in the last quarter. 87.96% of the stock is currently owned by hedge funds and other institutional investors.

Xylem Trading Up 0.6 %

XYL opened at $117.14 on Friday. The company has a fifty day moving average price of $126.05 and a two-hundred day moving average price of $131.74. The company has a market cap of $28.46 billion, a P/E ratio of 34.25, a price-to-earnings-growth ratio of 2.22 and a beta of 1.05. The company has a current ratio of 1.96, a quick ratio of 1.42 and a debt-to-equity ratio of 0.19. Xylem has a 1-year low of $109.39 and a 1-year high of $146.08.

Xylem (NYSE:XYL) last posted its earnings results on Thursday, October 31st. The industrial products company reported $1.11 EPS for the quarter, hitting the consensus estimate of $1.11. The company had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.17 billion. Xylem had a net margin of 9.85% and a return on equity of 9.61%. The firm’s revenue for the quarter was up .2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.99 earnings per share. Analysts predict that Xylem will post 4.23 EPS for the current fiscal year.

Xylem Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 24th. Shareholders of record on Tuesday, November 26th will be issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 1.23%. The ex-dividend date is Tuesday, November 26th. Xylem’s dividend payout ratio (DPR) is presently 42.11%.

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.