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

Xylem Inc. (NYSE:XYL) has been given a consensus rating of “Moderate Buy” by the eleven research firms that are covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $152.10.

XYL has been the subject of several research reports. Stifel Nicolaus decreased their target price on Xylem from $172.00 to $166.00 and set a “buy” rating for the company in a research report on Wednesday, December 11th. Robert W. Baird decreased their target price on Xylem from $175.00 to $154.00 and set an “outperform” rating for the company in a research report on Friday, November 1st. Citigroup decreased their target price on Xylem from $148.00 to $147.00 and set a “buy” rating for the company in a research report on Monday, January 13th. TD Cowen decreased their target price on Xylem from $138.00 to $125.00 and set a “hold” rating for the company in a research report on Wednesday, November 6th. Finally, Wolfe Research reissued a “peer perform” rating on shares of Xylem in a research report on Thursday, December 12th.

Xylem Trading Up 0.7 %

XYL opened at $119.84 on Tuesday. The business has a 50 day simple moving average of $120.98 and a two-hundred day simple moving average of $128.68. The firm has a market capitalization of $29.11 billion, a price-to-earnings ratio of 35.04, a PEG ratio of 1.89 and a beta of 1.06. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.96 and a quick ratio of 1.42. Xylem has a one year low of $109.70 and a one year high of $146.08.

Xylem (NYSE:XYL) last released its quarterly earnings results on Thursday, October 31st. The industrial products company reported $1.11 EPS for the quarter, meeting analysts’ consensus estimates of $1.11. The business had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.17 billion. Xylem had a return on equity of 9.61% and a net margin of 9.85%. Xylem’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.99 EPS. Analysts predict that Xylem will post 4.23 EPS for the current year.

Xylem Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Tuesday, November 26th were paid a dividend of $0.36 per share. The ex-dividend date of this dividend was Tuesday, November 26th. This represents a $1.44 annualized dividend and a yield of 1.20%. Xylem’s dividend payout ratio is 42.11%.

Institutional Trading of Xylem

Institutional investors have recently added to or reduced their stakes in the business. Bangor Savings Bank boosted 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 worth $32,000 after buying an additional 85 shares during the last quarter. Mark Sheptoff Financial Planning LLC purchased a new position in shares of Xylem in the 2nd quarter worth $33,000. Assetmark Inc. boosted 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 worth $43,000 after buying an additional 311 shares during the last quarter. Versant Capital Management Inc boosted its stake in shares of Xylem by 318.2% in the 4th quarter. Versant Capital Management Inc now owns 368 shares of the industrial products company’s stock worth $43,000 after buying an additional 280 shares during the last quarter. Finally, Catalyst Capital Advisors LLC boosted its stake in shares of Xylem by 226.0% in the 3rd 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 during the last quarter. 87.96% of the stock is currently owned by hedge funds and other institutional investors.

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.