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

Xylem Inc. (NYSE:XYL) has earned a consensus recommendation of “Moderate Buy” from the fourteen brokerages that are presently covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $144.58.

A number of equities research analysts have recently weighed in on XYL shares. Robert W. Baird lifted their price objective on Xylem from $151.00 to $155.00 and gave the stock an “outperform” rating in a research report on Friday, May 3rd. Oppenheimer lifted their price objective on Xylem from $147.00 to $152.00 and gave the stock an “outperform” rating in a research report on Friday, May 31st. Stifel Nicolaus lifted their price objective on Xylem from $157.00 to $170.00 and gave the stock a “buy” rating in a research report on Thursday, July 18th. Mizuho lifted their price objective on Xylem from $110.00 to $135.00 and gave the stock a “neutral” rating in a research report on Friday, May 3rd. Finally, TD Cowen lifted their price objective on Xylem from $135.00 to $138.00 and gave the stock a “buy” rating in a research report on Thursday, June 6th.

Xylem Stock Performance

Shares of NYSE XYL opened at $141.53 on Tuesday. The stock has a market cap of $34.31 billion, a price-to-earnings ratio of 50.37, a P/E/G ratio of 2.50 and a beta of 1.04. The company has a current ratio of 1.67, a quick ratio of 1.22 and a debt-to-equity ratio of 0.19. Xylem has a 1-year low of $87.59 and a 1-year high of $146.08. The stock’s 50-day moving average is $138.47 and its 200 day moving average is $130.74.

Xylem (NYSE:XYL) last posted its quarterly 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 return on equity of 8.95% and a net margin of 8.34%. The business had revenue of $2.03 billion for the quarter, compared to analyst estimates of $2 billion. During the same period last year, the company earned $0.72 EPS. Xylem’s revenue for the quarter was up 40.4% compared to the same quarter last year. On average, sell-side analysts anticipate that Xylem will post 4.22 EPS for the current fiscal year.

Xylem Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 27th. Stockholders of record on Thursday, May 30th were issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date was Thursday, May 30th. Xylem’s payout ratio is currently 51.25%.

Insider Activity

In other Xylem news, SVP Rodney Aulick sold 21,800 shares of the stock in a transaction dated Wednesday, June 5th. The stock was 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 of the company’s stock, valued at $10,604,655.87. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other Xylem news, SVP Rodney Aulick sold 21,800 shares of the stock in a transaction dated Wednesday, June 5th. The stock was 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 of the company’s stock, valued at $10,604,655.87. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CAO Geri-Michelle Mcshane sold 2,278 shares of the stock in a transaction dated Monday, June 10th. The shares were sold at an average price of $138.63, for a total value of $315,799.14. Following the completion of the transaction, 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. Corporate insiders own 0.27% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC increased its position in Xylem by 68.8% in the first quarter. EverSource Wealth Advisors LLC now owns 189 shares of the industrial products company’s stock worth $25,000 after buying an additional 77 shares in the last quarter. Blue Trust Inc. increased its position in Xylem by 1,185.7% in the second quarter. Blue Trust Inc. now owns 270 shares of the industrial products company’s stock worth $35,000 after buying an additional 249 shares in the last quarter. FinTrust Capital Advisors LLC increased its position in Xylem by 170.9% in the first quarter. FinTrust Capital Advisors LLC now owns 317 shares of the industrial products company’s stock worth $41,000 after buying an additional 200 shares in the last quarter. Hazlett Burt & Watson Inc. increased its position in Xylem by 184.9% in the first quarter. Hazlett Burt & Watson Inc. now owns 339 shares of the industrial products company’s stock worth $43,000 after buying an additional 220 shares in the last quarter. Finally, UMB Bank n.a. increased its position in Xylem by 96.9% in the second quarter. UMB Bank n.a. now owns 382 shares of the industrial products company’s stock worth $52,000 after buying an additional 188 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.