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

Shares of Xylem Inc. (NYSE:XYL) have received a consensus recommendation of “Moderate Buy” from the ten analysts that are currently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $146.88.

A number of equities analysts have weighed in on XYL shares. Robert W. Baird dropped their target price on shares of Xylem from $149.00 to $146.00 and set an “outperform” rating for the company in a research note on Wednesday, April 30th. Stifel Nicolaus boosted their target price on shares of Xylem from $140.00 to $141.00 and gave the stock a “buy” rating in a research note on Wednesday, April 30th. Royal Bank of Canada boosted their target price on shares of Xylem from $143.00 to $147.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 30th. Raymond James raised shares of Xylem to a “hold” rating in a research note on Thursday. Finally, Citigroup dropped their target price on shares of Xylem from $152.00 to $134.00 and set a “buy” rating for the company in a research note on Monday, April 14th.

Xylem Trading Up 1.1%

Shares of XYL stock opened at $128.04 on Monday. Xylem has a 12-month low of $100.47 and a 12-month high of $146.08. The company has a market capitalization of $31.16 billion, a P/E ratio of 34.98, a P/E/G ratio of 2.33 and a beta of 1.10. The firm has a 50-day moving average price of $117.18 and a 200 day moving average price of $121.35. The company has a quick ratio of 1.33, a current ratio of 1.76 and a debt-to-equity ratio of 0.19.

Xylem (NYSE:XYL) last announced its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $1.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.08. Xylem had a net margin of 10.40% and a return on equity of 9.96%. The firm had revenue of $2.07 billion during the quarter, compared to the consensus estimate of $2.04 billion. During the same period last year, the firm posted $0.90 EPS. The firm’s quarterly revenue was up 1.8% on a year-over-year basis. Research analysts forecast that Xylem will post 4.65 earnings per share for the current fiscal year.

Xylem Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 26th. Investors of record on Thursday, May 29th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date is Thursday, May 29th. Xylem’s dividend payout ratio (DPR) is 43.01%.

Institutional Investors Weigh In On Xylem

A number of institutional investors and hedge funds have recently modified their holdings of the business. Valley National Advisers Inc. grew its holdings in Xylem by 84.9% during the first quarter. Valley National Advisers Inc. now owns 220 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 101 shares during the period. Perkins Coie Trust Co acquired a new position in Xylem during the first quarter valued at approximately $27,000. Lee Danner & Bass Inc. acquired a new position in Xylem during the fourth quarter valued at approximately $30,000. Rialto Wealth Management LLC acquired a new position in Xylem during the fourth quarter valued at approximately $31,000. Finally, Center for Financial Planning Inc. grew its holdings in Xylem by 52.0% during the first quarter. Center for Financial Planning Inc. now owns 266 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 91 shares during the period. 87.96% of the stock is owned by institutional investors.

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.