Analysts Set Xylem Inc. (NYSE:XYL) Price Target at $153.31

Xylem Inc. (NYSE:XYL) has been assigned an average rating of “Moderate Buy” from the fourteen research firms that are presently covering the firm, Marketbeat reports. Six research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $153.1538.

XYL has been the topic of several research reports. Stifel Nicolaus dropped their price objective on Xylem from $159.00 to $157.00 and set a “buy” rating on the stock in a report on Monday. JPMorgan Chase & Co. reduced their target price on shares of Xylem from $170.00 to $160.00 and set an “overweight” rating for the company in a research note on Thursday, April 16th. CLSA raised Xylem to a “hold” rating in a report on Thursday, June 25th. Jefferies Financial Group raised Xylem from a “hold” rating to a “buy” rating and upped their price objective for the stock from $130.00 to $140.00 in a report on Thursday, June 25th. Finally, Barclays cut their price objective on Xylem from $156.00 to $154.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th.

Xylem Stock Performance

Shares of XYL stock opened at $120.82 on Friday. Xylem has a one year low of $105.29 and a one year high of $154.27. The firm’s 50 day moving average price is $113.40 and its 200-day moving average price is $123.26. The firm has a market cap of $28.72 billion, a P/E ratio of 30.05, a P/E/G ratio of 1.75 and a beta of 1.03. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.10 and a current ratio of 1.46.

Xylem (NYSE:XYL) last issued its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $1.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.03. Xylem had a net margin of 10.79% and a return on equity of 11.26%. The business had revenue of $2.12 billion for the quarter, compared to analysts’ expectations of $2.11 billion. During the same quarter in the prior year, the company earned $1.03 earnings per share. The business’s quarterly revenue was up 2.7% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. As a group, equities research analysts predict that Xylem will post 5.51 EPS for the current year.

Xylem Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Thursday, May 28th were issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Thursday, May 28th. Xylem’s dividend payout ratio (DPR) is currently 42.79%.

Insider Transactions at Xylem

In other news, Director Jerome A. Peribere purchased 1,210 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were acquired at an average price of $116.61 per share, for a total transaction of $141,098.10. Following the acquisition, the director directly owned 27,209 shares in the company, valued at approximately $3,172,841.49. The trade was a 4.65% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Geri-Michelle Mcshane sold 4,269 shares of Xylem stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $117.46, for a total value of $501,436.74. Following the transaction, the chief accounting officer directly owned 3,605 shares of the company’s stock, valued at approximately $423,443.30. This represents a 54.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.32% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Xylem

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in XYL. Orion Porfolio Solutions LLC boosted its stake in Xylem by 1.0% in the third quarter. Orion Porfolio Solutions LLC now owns 7,802 shares of the industrial products company’s stock valued at $1,151,000 after acquiring an additional 74 shares during the period. Quest Investment Management LLC boosted its position in shares of Xylem by 1.0% during the third quarter. Quest Investment Management LLC now owns 7,588 shares of the industrial products company’s stock worth $1,119,000 after buying an additional 77 shares during the period. Keel Point LLC grew its holdings in Xylem by 4.6% in the 3rd quarter. Keel Point LLC now owns 1,784 shares of the industrial products company’s stock worth $263,000 after buying an additional 79 shares in the last quarter. SWS Partners increased its position in Xylem by 1.1% in the 4th quarter. SWS Partners now owns 7,402 shares of the industrial products company’s stock valued at $1,008,000 after acquiring an additional 82 shares during the period. Finally, Notis McConarty Edward raised its stake in Xylem by 0.3% during the 4th quarter. Notis McConarty Edward now owns 31,678 shares of the industrial products company’s stock valued at $4,314,000 after acquiring an additional 86 shares in the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Xylem Company Profile

Xylem Inc (NYSE: XYL) is a global water technology company that designs, manufactures and services engineered systems and equipment for the transport, treatment, testing and efficient use of water. Its product portfolio spans pumps and pumping systems, valves, filtration and disinfection equipment, sensors and analytical instruments, and digital solutions for monitoring and control of water infrastructure. Xylem serves the full water cycle with offerings for water and wastewater utilities, industrial customers, commercial and residential buildings, and agricultural applications.

The company was established as an independent publicly traded company in 2011 following a corporate spin-off from ITT Corporation and is headquartered in Rye Brook, New York.