Xylem Inc. (NYSE:XYL) Receives Consensus Rating of “Moderate Buy” from Brokerages

Xylem Inc. (NYSE:XYL) has earned an average rating of “Moderate Buy” from the fourteen brokerages that are covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $142.92.

XYL has been the subject of several analyst reports. Argus increased their price target on shares of Xylem from $146.00 to $165.00 and gave the company a “buy” rating in a research report on Wednesday, May 29th. Citigroup increased their price target on shares of Xylem from $126.00 to $139.00 and gave the company a “neutral” rating in a research report on Monday, April 8th. TD Cowen increased their price target on shares of Xylem from $135.00 to $138.00 and gave the company a “buy” rating in a research report on Thursday, June 6th. Mizuho increased their price target on shares of Xylem from $110.00 to $135.00 and gave the company a “neutral” rating in a research report on Friday, May 3rd. Finally, Robert W. Baird increased their price target on shares of Xylem from $151.00 to $155.00 and gave the company an “outperform” rating in a research report on Friday, May 3rd.

Insider Buying and Selling

In related news, SVP Rodney Aulick sold 21,800 shares of the stock in a transaction that occurred on Wednesday, June 5th. The shares were sold at an average price of $139.01, for a total value of $3,030,418.00. Following the transaction, the senior vice president now owns 76,287 shares in the company, valued at approximately $10,604,655.87. The sale was disclosed in a filing with the SEC, which is available through this link. In other news, SVP Rodney Aulick sold 21,800 shares of the firm’s stock in a transaction that occurred on Wednesday, June 5th. The shares were sold at an average price of $139.01, for a total transaction of $3,030,418.00. Following the sale, the senior vice president now owns 76,287 shares of the company’s stock, valued at approximately $10,604,655.87. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Geri-Michelle Mcshane sold 2,278 shares of the firm’s stock in a transaction that occurred on Monday, June 10th. The stock was sold at an average price of $138.63, for a total transaction of $315,799.14. Following the sale, the chief accounting officer now directly owns 3,536 shares in the company, valued at approximately $490,195.68. The disclosure for this sale can be found here. 0.27% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Xylem

A number of hedge funds and other institutional investors have recently made changes to their positions in XYL. EverSource Wealth Advisors LLC grew its stake in 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 during the period. Bruce G. Allen Investments LLC acquired a new stake in Xylem in the 4th quarter valued at $27,000. FinTrust Capital Advisors LLC grew its stake in Xylem by 170.9% in the 1st quarter. FinTrust Capital Advisors LLC now owns 317 shares of the industrial products company’s stock valued at $41,000 after acquiring an additional 200 shares during the period. Hazlett Burt & Watson Inc. grew its stake in Xylem by 184.9% in the 1st quarter. Hazlett Burt & Watson Inc. now owns 339 shares of the industrial products company’s stock valued at $43,000 after acquiring an additional 220 shares during the period. Finally, Spire Wealth Management grew its stake in Xylem by 370.9% in the 4th quarter. Spire Wealth Management now owns 485 shares of the industrial products company’s stock valued at $54,000 after acquiring an additional 382 shares during the period. Institutional investors and hedge funds own 87.96% of the company’s stock.

Xylem Stock Up 0.3 %

Shares of Xylem stock opened at $132.71 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.67 and a quick ratio of 1.22. Xylem has a 1 year low of $87.59 and a 1 year high of $146.08. The firm’s 50-day moving average is $138.89 and its two-hundred day moving average is $127.50. The stock has a market cap of $32.18 billion, a price-to-earnings ratio of 47.23, a PEG ratio of 2.34 and a beta of 1.04.

Xylem (NYSE:XYL) last issued its earnings results on Thursday, May 2nd. The industrial products company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.06. Xylem had a net margin of 8.34% and a return on equity of 8.95%. The company had revenue of $2.03 billion for the quarter, compared to analysts’ expectations of $2 billion. During the same period in the prior year, the business earned $0.72 EPS. The firm’s quarterly revenue was up 40.4% on a year-over-year basis. As a group, research analysts expect that Xylem will post 4.24 earnings per share for the current fiscal year.

Xylem Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 27th. Investors of record on Thursday, May 30th were issued a $0.36 dividend. The ex-dividend date of this dividend was Thursday, May 30th. This represents a $1.44 annualized dividend and a yield of 1.09%. Xylem’s dividend payout ratio (DPR) is presently 51.25%.

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.