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

Shares of Xylem Inc. (NYSE:XYL) have earned an average rating of “Moderate Buy” from the sixteen brokerages that are covering the company, Marketbeat Ratings reports. Seven investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $153.00.

Several brokerages have weighed in on XYL. Jefferies Financial Group boosted their price objective on Xylem from $145.00 to $150.00 and gave the stock a “buy” rating in a report on Monday, August 24th. Wolfe Research initiated coverage on shares of Xylem in a research report on Tuesday, September 15th. They set a “peer perform” rating for the company. Citigroup reissued a “buy” rating on shares of Xylem in a research note on Wednesday, July 29th. Barclays increased their price objective on shares of Xylem from $154.00 to $159.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Finally, UBS Group lowered their target price on shares of Xylem from $138.00 to $112.00 and set a “neutral” rating for the company in a report on Monday.

Xylem Stock Down 2.5%

NYSE XYL opened at $101.92 on Thursday. The stock has a fifty day moving average of $110.78 and a 200-day moving average of $114.70. The stock has a market capitalization of $23.80 billion, a P/E ratio of 24.27, a price-to-earnings-growth ratio of 1.68 and a beta of 1.00. Xylem has a 52 week low of $98.58 and a 52 week high of $154.27. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.24 and a current ratio of 1.61.

Xylem (NYSE:XYL) last issued its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.12. The business had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.34 billion. Xylem had a return on equity of 11.77% and a net margin of 11.15%.The firm’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.26 earnings per share. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. On average, equities research analysts forecast that Xylem will post 5.66 EPS for the current year.

Xylem Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Thursday, August 27th were paid a dividend of $0.43 per share. The ex-dividend date of this dividend was Thursday, August 27th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.7%. Xylem’s payout ratio is 40.95%.

Institutional Investors Weigh In On Xylem

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. State Street Corp boosted its stake in Xylem by 2.4% in the 2nd quarter. State Street Corp now owns 11,444,669 shares of the industrial products company’s stock worth $1,352,874,000 after purchasing an additional 270,972 shares during the period. Franklin Resources Inc. raised its stake in shares of Xylem by 0.6% in the 4th quarter. Franklin Resources Inc. now owns 1,787,994 shares of the industrial products company’s stock valued at $243,489,000 after purchasing an additional 10,314 shares during the period. Capital Innovations LLC bought a new stake in shares of Xylem in the fourth quarter valued at about $4,700,000. UniSuper Management Pty Ltd lifted its holdings in shares of Xylem by 57.5% in the fourth quarter. UniSuper Management Pty Ltd now owns 195,848 shares of the industrial products company’s stock valued at $26,671,000 after purchasing an additional 71,472 shares in the last quarter. Finally, XXEC Inc. boosted its position in shares of Xylem by 477.9% during the first quarter. XXEC Inc. now owns 171,211 shares of the industrial products company’s stock worth $20,460,000 after buying an additional 141,586 shares during the period. Institutional investors own 87.96% of the company’s stock.

Xylem Company Profile

Xylem Inc (NYSE: XYL) is a global water technology company that develops products, services and solutions for the movement, treatment, testing and efficient use of water. Its offerings serve municipal water and wastewater systems, utilities, industrial customers, commercial buildings and other infrastructure operators.

The company’s portfolio includes water and wastewater pumps, mixing and aeration equipment, treatment systems, measurement and monitoring technologies, smart metering, network-management software, and related services.