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

Xylem Inc. (NYSE:XYL) has received an average recommendation of “Moderate Buy” from the fourteen analysts that are currently covering the company, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $144.58.

Several equities research analysts have commented on XYL shares. Mizuho boosted their price objective on Xylem from $110.00 to $135.00 and gave the stock a “neutral” rating in a research note on Friday, May 3rd. Argus upped their price target on Xylem from $146.00 to $165.00 and gave the company a “buy” rating in a research report on Wednesday, May 29th. Stifel Nicolaus upped their price target on Xylem from $157.00 to $170.00 and gave the company a “buy” rating in a research report on Thursday, July 18th. Citigroup upped their price target on Xylem from $126.00 to $139.00 and gave the company a “neutral” rating in a research report on Monday, April 8th. Finally, Oppenheimer upped their price target on Xylem from $147.00 to $152.00 and gave the company an “outperform” rating in a research report on Friday, May 31st.

Xylem Price Performance

NYSE:XYL opened at $141.53 on Tuesday. Xylem has a 12 month low of $87.59 and a 12 month high of $146.08. The stock has a 50 day moving average of $138.47 and a two-hundred day moving average of $130.74. The company has a current ratio of 1.67, a quick ratio of 1.22 and a debt-to-equity ratio of 0.19. The firm has a market cap of $34.31 billion, a P/E ratio of 50.37, a price-to-earnings-growth ratio of 2.50 and a beta of 1.04.

Xylem (NYSE:XYL) last posted its quarterly earnings data on Thursday, May 2nd. The industrial products company reported $0.90 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 company had revenue of $2.03 billion during the quarter, compared to analyst estimates of $2 billion. During the same period in the previous year, the business earned $0.72 EPS. Xylem’s quarterly revenue was up 40.4% on a year-over-year basis. On average, analysts expect that Xylem will post 4.22 earnings per share for the current fiscal year.

Xylem Dividend Announcement

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

Insider Activity at Xylem

In related news, SVP Rodney Aulick sold 21,800 shares of the company’s stock in a transaction that occurred on 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 directly owns 76,287 shares in the company, valued at $10,604,655.87. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Xylem news, CAO Geri-Michelle Mcshane sold 2,278 shares of the company’s stock in a transaction 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 transaction, the chief accounting officer now directly owns 3,536 shares in the company, valued at $490,195.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Rodney Aulick sold 21,800 shares of the company’s stock in a transaction on 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 in the company, valued at $10,604,655.87. The disclosure for this sale can be found here. 0.27% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Smith Salley Wealth Management lifted its stake in Xylem by 5.5% during the second quarter. Smith Salley Wealth Management now owns 78,384 shares of the industrial products company’s stock worth $10,631,000 after purchasing an additional 4,091 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of Xylem by 11.2% in the second quarter. Principal Financial Group Inc. now owns 318,316 shares of the industrial products company’s stock valued at $43,173,000 after acquiring an additional 32,110 shares in the last quarter. Highview Capital Management LLC DE raised its stake in shares of Xylem by 30.7% in the second quarter. Highview Capital Management LLC DE now owns 14,441 shares of the industrial products company’s stock valued at $1,959,000 after acquiring an additional 3,392 shares in the last quarter. UMB Bank n.a. raised its stake in shares of Xylem by 96.9% in the second quarter. UMB Bank n.a. now owns 382 shares of the industrial products company’s stock valued at $52,000 after acquiring an additional 188 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Xylem by 9.8% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 587,821 shares of the industrial products company’s stock valued at $79,726,000 after acquiring an additional 52,321 shares in the last quarter. 87.96% of the stock is currently owned by institutional investors and hedge funds.

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.