Xylem Inc. (NYSE:XYL) Receives Average Recommendation of “Moderate Buy” from Analysts

Xylem Inc. (NYSE:XYL) has received an average rating of “Moderate Buy” from the twelve analysts that are currently covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $152.20.

A number of equities research analysts have recently commented on the company. Citigroup upgraded Xylem from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $135.00 to $148.00 in a research note on Monday, December 9th. Stifel Nicolaus dropped their target price on shares of Xylem from $172.00 to $166.00 and set a “buy” rating on the stock in a research note on Wednesday, December 11th. Robert W. Baird decreased their price target on shares of Xylem from $175.00 to $154.00 and set an “outperform” rating for the company in a research note on Friday, November 1st. Royal Bank of Canada dropped their price objective on Xylem from $163.00 to $162.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st. Finally, Wolfe Research reissued a “peer perform” rating on shares of Xylem in a research report on Thursday, December 12th.

Xylem Stock Performance

NYSE XYL opened at $118.15 on Friday. 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 fifty day simple moving average of $125.29 and a 200 day simple moving average of $131.41. Xylem has a 12-month low of $109.39 and a 12-month high of $146.08. The company has a market cap of $28.70 billion, a P/E ratio of 34.55, a PEG ratio of 2.22 and a beta of 1.05.

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

Xylem Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Investors 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 dividend on an annualized basis and a dividend yield of 1.22%. Xylem’s payout ratio is 42.11%.

Institutional Trading of Xylem

Institutional investors have recently added to or reduced their stakes in the stock. Oddo BHF Asset Management Sas bought a new stake in shares of Xylem during the third quarter valued at about $2,092,000. Franklin Resources Inc. increased its holdings in Xylem by 2.3% during the 3rd quarter. Franklin Resources Inc. now owns 1,597,657 shares of the industrial products company’s stock worth $219,262,000 after acquiring an additional 36,102 shares during the period. Asset Advisors Investment Management LLC boosted its holdings in Xylem by 11.7% in the 3rd quarter. Asset Advisors Investment Management LLC now owns 18,455 shares of the industrial products company’s stock valued at $2,492,000 after purchasing an additional 1,937 shares during the period. Tidal Investments LLC grew its position in shares of Xylem by 1.7% during the 3rd quarter. Tidal Investments LLC now owns 47,642 shares of the industrial products company’s stock valued at $6,433,000 after purchasing an additional 783 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of Xylem in the third quarter worth $2,492,000. Hedge funds and other institutional investors own 87.96% of the company’s stock.

About Xylem

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.