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

Shares of Xylem Inc. (NYSE:XYL) have earned a consensus recommendation of “Moderate Buy” from the twelve research firms that are presently covering the company, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $165.80.

Several research analysts recently issued reports on XYL shares. Barclays reduced their target price on shares of Xylem from $172.00 to $166.00 and set an “overweight” rating for the company in a report on Wednesday, January 7th. TD Cowen reaffirmed a “hold” rating on shares of Xylem in a research report on Friday, December 5th. Citigroup boosted their price objective on Xylem from $173.00 to $182.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Weiss Ratings restated a “buy (b-)” rating on shares of Xylem in a research note on Monday, December 29th. Finally, Robert W. Baird set a $178.00 price target on Xylem in a research report on Wednesday, October 29th.

Insider Buying and Selling at Xylem

In related news, EVP Claudia S. Toussaint sold 10,421 shares of the firm’s stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $152.64, for a total transaction of $1,590,661.44. Following the sale, the executive vice president owned 31,250 shares in the company, valued at approximately $4,770,000. This trade represents a 25.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Victoria D. Harker sold 1,700 shares of the company’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $148.14, for a total transaction of $251,838.00. Following the completion of the transaction, the director owned 16,875 shares of the company’s stock, valued at approximately $2,499,862.50. This trade represents a 9.15% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.27% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Xylem

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. SJS Investment Consulting Inc. increased its position in shares of Xylem by 1,844.4% during the third quarter. SJS Investment Consulting Inc. now owns 175 shares of the industrial products company’s stock valued at $26,000 after buying an additional 166 shares during the period. Knuff & Co LLC bought a new stake in Xylem during the 3rd quarter valued at approximately $27,000. Wexford Capital LP bought a new stake in Xylem during the 3rd quarter valued at approximately $27,000. Board of the Pension Protection Fund purchased a new position in shares of Xylem during the 4th quarter worth approximately $27,000. Finally, First Horizon Corp bought a new position in shares of Xylem in the 3rd quarter worth approximately $30,000. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Xylem Trading Down 1.3%

Xylem stock opened at $141.06 on Friday. The stock has a 50-day moving average price of $139.66 and a 200 day moving average price of $141.47. The company has a market capitalization of $34.34 billion, a price-to-earnings ratio of 36.26, a price-to-earnings-growth ratio of 2.02 and a beta of 1.17. Xylem has a 52 week low of $100.47 and a 52 week high of $154.27. The company has a quick ratio of 1.50, a current ratio of 1.96 and a debt-to-equity ratio of 0.17.

Xylem (NYSE:XYL) last issued its quarterly earnings results on Tuesday, October 28th. The industrial products company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.23 by $0.14. Xylem had a net margin of 10.66% and a return on equity of 10.77%. The company had revenue of $2.27 billion for the quarter, compared to the consensus estimate of $2.22 billion. During the same quarter in the prior year, the company earned $1.11 EPS. Xylem’s quarterly revenue was up 7.8% on a year-over-year basis. Xylem has set its FY 2025 guidance at 5.030-5.080 EPS. Sell-side analysts anticipate that Xylem will post 4.65 EPS for the current year.

Xylem Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Tuesday, November 25th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Tuesday, November 25th. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. Xylem’s dividend payout ratio is 41.13%.

About Xylem

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.