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

Shares of Xylem Inc. (NYSE:XYL) have earned an average recommendation of “Moderate Buy” from the eleven ratings firms that are covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $135.44.

XYL has been the subject of a number of research analyst reports. Raymond James raised Xylem from an “underperform” rating to a “market perform” rating in a research note on Thursday, January 4th. BNP Paribas assumed coverage on shares of Xylem in a report on Tuesday, March 12th. They set an “outperform” rating and a $150.00 target price on the stock. Robert W. Baird lifted their price target on shares of Xylem from $141.00 to $148.00 and gave the company an “outperform” rating in a research note on Thursday, March 21st. Citigroup increased their price objective on shares of Xylem from $126.00 to $139.00 and gave the stock a “neutral” rating in a research report on Monday, April 8th. Finally, Royal Bank of Canada boosted their price objective on shares of Xylem from $140.00 to $145.00 and gave the company an “outperform” rating in a research report on Wednesday, February 7th.

Insider Buying and Selling

In other Xylem news, CAO Geri-Michelle Mcshane sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $122.89, for a total value of $122,890.00. Following the completion of the transaction, the chief accounting officer now directly owns 2,935 shares in the company, valued at $360,682.15. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, SVP Franz Cerwinka sold 2,408 shares of the company’s stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $121.79, for a total value of $293,270.32. Following the sale, the senior vice president now directly owns 11,750 shares of the company’s stock, valued at approximately $1,431,032.50. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CAO Geri-Michelle Mcshane sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $122.89, for a total transaction of $122,890.00. Following the completion of the sale, the chief accounting officer now owns 2,935 shares of the company’s stock, valued at $360,682.15. The disclosure for this sale can be found here. 0.90% of the stock is currently owned by corporate insiders.

Institutional Trading of Xylem

Institutional investors and hedge funds have recently bought and sold shares of the business. Bruce G. Allen Investments LLC bought a new stake in Xylem in the 4th quarter valued at $27,000. NBC Securities Inc. acquired a new position in shares of Xylem in the third quarter valued at $38,000. KB Financial Partners LLC bought a new position in shares of Xylem in the first quarter valued at about $42,000. Coppell Advisory Solutions LLC acquired a new stake in shares of Xylem during the 2nd quarter worth about $45,000. Finally, ST Germain D J Co. Inc. bought a new stake in shares of Xylem during the 2nd quarter worth about $46,000. Institutional investors own 87.96% of the company’s stock.

Xylem Stock Down 0.5 %

Xylem stock opened at $128.11 on Friday. The firm has a market capitalization of $31.05 billion, a price-to-earnings ratio of 47.10, a PEG ratio of 2.57 and a beta of 1.10. The company’s 50 day simple moving average is $126.36 and its 200 day simple moving average is $111.24. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.76 and a quick ratio of 1.30. Xylem has a fifty-two week low of $87.59 and a fifty-two week high of $130.86.

Xylem (NYSE:XYL) last announced its quarterly earnings results on Tuesday, February 6th. The industrial products company reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.96 by $0.03. Xylem had a net margin of 8.27% and a return on equity of 9.65%. The company had revenue of $2.12 billion for the quarter, compared to analysts’ expectations of $2.05 billion. During the same period last year, the firm posted $0.92 earnings per share. The business’s quarterly revenue was up 40.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Xylem will post 4.13 EPS for the current year.

Xylem Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 20th. Investors of record on Wednesday, February 21st were given a $0.36 dividend. The ex-dividend date was Tuesday, February 20th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.12%. This is an increase from Xylem’s previous quarterly dividend of $0.33. Xylem’s payout ratio is currently 52.94%.

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.