Xylem (NYSE:XYL) Price Target Lowered to $154.00 at Robert W. Baird

Xylem (NYSE:XYL) had its price target decreased by investment analysts at Robert W. Baird from $175.00 to $154.00 in a research report issued on Friday, Benzinga reports. The brokerage presently has an “outperform” rating on the industrial products company’s stock. Robert W. Baird’s price objective indicates a potential upside of 26.46% from the stock’s current price.

A number of other brokerages have also recently commented on XYL. UBS Group assumed coverage on Xylem in a research note on Tuesday, August 13th. They issued a “buy” rating and a $165.00 price target for the company. Royal Bank of Canada raised their price objective on shares of Xylem from $160.00 to $163.00 and gave the company an “outperform” rating in a report on Wednesday, July 31st. Stifel Nicolaus boosted their target price on shares of Xylem from $170.00 to $172.00 and gave the stock a “buy” rating in a report on Wednesday, July 31st. Finally, TD Cowen reaffirmed a “hold” rating and set a $138.00 price target on shares of Xylem in a research note on Tuesday, September 3rd. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $148.33.

Xylem Price Performance

Shares of NYSE:XYL opened at $121.78 on Friday. Xylem has a 12 month low of $91.42 and a 12 month high of $146.08. The stock has a market capitalization of $29.58 billion, a PE ratio of 38.54, a PEG ratio of 2.29 and a beta of 1.04. The company has a current ratio of 1.85, a quick ratio of 1.33 and a debt-to-equity ratio of 0.19. The firm has a 50 day moving average of $133.41 and a 200-day moving average of $135.28.

Xylem (NYSE:XYL) last posted its quarterly earnings results on Thursday, October 31st. The industrial products company reported $1.11 EPS for the quarter, hitting analysts’ consensus estimates of $1.11. The company had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.17 billion. Xylem had a return on equity of 9.48% and a net margin of 9.11%. Xylem’s revenue was up .2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.99 EPS. On average, equities research analysts predict that Xylem will post 4.26 EPS for the current fiscal year.

Institutional Investors Weigh In On Xylem

A number of hedge funds have recently added to or reduced their stakes in the business. City Holding Co. grew its position in shares of Xylem by 3.8% during the 3rd quarter. City Holding Co. now owns 2,071 shares of the industrial products company’s stock worth $280,000 after buying an additional 75 shares during the period. EverSource Wealth Advisors LLC grew its holdings 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 purchasing an additional 77 shares during the period. First Trust Direct Indexing L.P. increased its stake in Xylem by 0.9% in the third quarter. First Trust Direct Indexing L.P. now owns 9,070 shares of the industrial products company’s stock valued at $1,225,000 after purchasing an additional 78 shares in the last quarter. Whittier Trust Co. of Nevada Inc. raised its holdings in shares of Xylem by 3.5% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 2,317 shares of the industrial products company’s stock valued at $299,000 after purchasing an additional 79 shares during the period. Finally, Addison Advisors LLC boosted its position in shares of Xylem by 5.8% during the 2nd quarter. Addison Advisors LLC now owns 1,486 shares of the industrial products company’s stock worth $202,000 after purchasing an additional 82 shares in the last quarter. 87.96% of the stock is currently owned by 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.