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

Shares of Xylem Inc. (NYSE:XYL) have been assigned a consensus rating of “Moderate Buy” from the twelve brokerages that are covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $140.70.

Several analysts have recently issued reports on the stock. Stifel Nicolaus upped their target price on shares of Xylem from $136.00 to $150.00 and gave the stock a “buy” rating in a research note on Wednesday, February 7th. Citigroup boosted their price target on shares of Xylem from $126.00 to $139.00 and gave the stock a “neutral” rating in a report on Monday, April 8th. Royal Bank of Canada boosted their price target on shares of Xylem from $157.00 to $162.00 and gave the stock an “outperform” rating in a report on Friday, May 3rd. Oppenheimer boosted their price target on shares of Xylem from $142.00 to $147.00 and gave the stock an “outperform” rating in a report on Friday, May 3rd. Finally, Mizuho boosted their price target on shares of Xylem from $110.00 to $135.00 and gave the stock a “neutral” rating in a report on Friday, May 3rd.

Xylem Stock Performance

NYSE XYL opened at $141.20 on Thursday. Xylem has a 1 year low of $87.59 and a 1 year high of $141.30. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.67 and a quick ratio of 1.22. The firm has a market cap of $34.23 billion, a price-to-earnings ratio of 50.25, a PEG ratio of 2.59 and a beta of 1.08. The company has a fifty day moving average price of $129.51 and a 200-day moving average price of $116.38.

Xylem (NYSE:XYL) last posted its earnings results on Thursday, May 2nd. The industrial products company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.06. Xylem had a net margin of 8.34% and a return on equity of 8.95%. The firm had revenue of $2.03 billion during the quarter, compared to analyst estimates of $2 billion. During the same quarter in the prior year, the business posted $0.72 EPS. The business’s revenue was up 40.4% compared to the same quarter last year. As a group, equities research analysts predict that Xylem will post 4.24 EPS for the current fiscal year.

Insider Transactions at Xylem

In other news, CAO Geri-Michelle Mcshane sold 1,000 shares of the stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $122.89, for a total value of $122,890.00. Following the sale, the chief accounting officer now directly owns 2,935 shares of the company’s stock, valued at $360,682.15. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.27% of the company’s stock.

Institutional Investors Weigh In On Xylem

A number of institutional investors and hedge funds have recently modified their holdings of the company. Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of Xylem by 3.5% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 2,317 shares of the industrial products company’s stock worth $299,000 after buying an additional 79 shares in the last quarter. Bleakley Financial Group LLC increased its position in shares of Xylem by 2.3% in the first quarter. Bleakley Financial Group LLC now owns 4,042 shares of the industrial products company’s stock worth $522,000 after purchasing an additional 90 shares during the last quarter. AtonRa Partners increased its position in shares of Xylem by 2.3% in the fourth quarter. AtonRa Partners now owns 4,001 shares of the industrial products company’s stock worth $458,000 after purchasing an additional 91 shares during the last quarter. Brown Advisory Inc. increased its position in shares of Xylem by 1.1% in the fourth quarter. Brown Advisory Inc. now owns 8,203 shares of the industrial products company’s stock worth $938,000 after purchasing an additional 92 shares during the last quarter. Finally, FFT Wealth Management LLC increased its position in shares of Xylem by 4.1% in the fourth quarter. FFT Wealth Management LLC now owns 2,368 shares of the industrial products company’s stock worth $271,000 after purchasing an additional 93 shares during the last quarter. 87.96% of the stock is owned by hedge funds and other 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.