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

Xylem Inc. (NYSE:XYL) has been assigned an average recommendation of “Moderate Buy” from the twelve brokerages that are covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $149.64.

A number of equities research analysts have recently weighed in on the company. Robert W. Baird cut their price target on Xylem from $175.00 to $154.00 and set an “outperform” rating for the company in a research note on Friday, November 1st. TD Cowen dropped their price objective on Xylem from $138.00 to $125.00 and set a “hold” rating on the stock in a report on Wednesday, November 6th. UBS Group began coverage on shares of Xylem in a research report on Tuesday, August 13th. They set a “buy” rating and a $165.00 price objective on the stock. Finally, Royal Bank of Canada dropped their price target on shares of Xylem from $163.00 to $162.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Franklin Resources Inc. increased its stake in shares of Xylem by 2.3% in the third quarter. Franklin Resources Inc. now owns 1,597,657 shares of the industrial products company’s stock worth $219,262,000 after purchasing an additional 36,102 shares during the period. Asset Advisors Investment Management LLC boosted its stake in Xylem by 11.7% during 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 holdings in Xylem by 1.7% in the 3rd quarter. Tidal Investments LLC now owns 47,642 shares of the industrial products company’s stock valued at $6,433,000 after buying an additional 783 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in Xylem in the 3rd quarter worth approximately $2,492,000. Finally, Sanctuary Advisors LLC lifted its holdings in shares of Xylem by 16.1% during the third quarter. Sanctuary Advisors LLC now owns 26,036 shares of the industrial products company’s stock worth $3,303,000 after buying an additional 3,614 shares during the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Xylem Stock Performance

XYL stock opened at $126.68 on Monday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.42 and a current ratio of 1.96. The stock has a market cap of $30.78 billion, a P/E ratio of 37.04, a P/E/G ratio of 2.31 and a beta of 1.05. The firm has a 50 day simple moving average of $129.53 and a 200 day simple moving average of $133.88. Xylem has a 52 week low of $102.67 and a 52 week high of $146.08.

Xylem (NYSE:XYL) last posted its quarterly earnings results on Thursday, October 31st. The industrial products company reported $1.11 EPS for the quarter, meeting the consensus estimate of $1.11. Xylem had a net margin of 9.85% and a return on equity of 9.61%. The business had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $2.17 billion. During the same period in the previous year, the company posted $0.99 EPS. Xylem’s revenue was up .2% on a year-over-year basis. Research analysts anticipate that Xylem will post 4.23 earnings per share for the current fiscal year.

Xylem Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 24th. Investors of record on Tuesday, November 26th will be paid a $0.36 dividend. The ex-dividend date of this dividend is Tuesday, November 26th. This represents a $1.44 dividend on an annualized basis and a yield of 1.14%. Xylem’s payout ratio is presently 42.11%.

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.