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

Xylem Inc. (NYSE:XYL) has been given an average rating of “Moderate Buy” by the eleven ratings firms that are presently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $152.10.

XYL has been the topic of a number of analyst reports. TD Cowen decreased their price objective on Xylem from $138.00 to $125.00 and set a “hold” rating on the stock in a research note on Wednesday, November 6th. Citigroup reduced 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. Robert W. Baird reduced 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. Royal Bank of Canada reduced their target price on Xylem from $163.00 to $162.00 and set an “outperform” rating for the company in a research report on Friday, November 1st. Finally, Stifel Nicolaus reduced 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.

Xylem Stock Performance

Shares of XYL opened at $119.84 on Tuesday. The firm has a market cap of $29.11 billion, a PE ratio of 35.04, a PEG ratio of 1.89 and a beta of 1.06. The stock’s fifty day moving average price is $120.98 and its two-hundred day moving average price is $128.68. 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 1 year low of $109.70 and a 1 year high of $146.08.

Xylem (NYSE:XYL) last released its quarterly earnings data on Thursday, October 31st. The industrial products company reported $1.11 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.11. Xylem had a return on equity of 9.61% and a net margin of 9.85%. The company had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.17 billion. During the same period in the previous year, the company posted $0.99 EPS. The firm’s revenue for the quarter was up .2% compared to the same quarter last year. On average, equities research analysts forecast that Xylem will post 4.23 EPS for the current year.

Xylem Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Tuesday, November 26th were issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date of this dividend was Tuesday, November 26th. Xylem’s payout ratio is currently 42.11%.

Institutional Investors Weigh In On Xylem

Institutional investors have recently bought and sold shares of the stock. Bangor Savings Bank boosted its holdings in Xylem by 56.7% during the 3rd quarter. Bangor Savings Bank now owns 235 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 85 shares during the period. Mark Sheptoff Financial Planning LLC purchased a new stake in Xylem during the 2nd quarter valued at about $33,000. Assetmark Inc. boosted its holdings in Xylem by 3,887.5% during the 3rd quarter. Assetmark Inc. now owns 319 shares of the industrial products company’s stock valued at $43,000 after acquiring an additional 311 shares during the period. Versant Capital Management Inc boosted its holdings in Xylem by 318.2% during the 4th quarter. Versant Capital Management Inc now owns 368 shares of the industrial products company’s stock valued at $43,000 after acquiring an additional 280 shares during the period. Finally, Catalyst Capital Advisors LLC boosted its holdings in Xylem by 226.0% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 339 shares of the industrial products company’s stock valued at $46,000 after acquiring an additional 235 shares during the period. 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.