Xylem Inc. (NYSE:XYL) Receives $167.40 Consensus PT from Analysts

by · The Cerbat Gem

Shares of Xylem Inc. (NYSE:XYL – Get Free Report) have received an average rating of “Moderate Buy” from the thirteen analysts that are covering the company, Marketbeat reports. Five equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $167.40.

A number of equities analysts have recently issued reports on XYL shares. Zacks Research downgraded Xylem from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Argus set a $170.00 price objective on shares of Xylem in a research note on Wednesday, October 29th. Barclays increased their target price on shares of Xylem from $165.00 to $172.00 and gave the stock an “overweight” rating in a report on Wednesday, October 29th. Royal Bank Of Canada boosted their price target on shares of Xylem from $169.00 to $176.00 and gave the company an “outperform” rating in a report on Wednesday, October 29th. Finally, Robert W. Baird set a $178.00 price target on shares of Xylem in a research report on Wednesday, October 29th.

Check Out Our Latest Stock Report on Xylem

Insiders Place Their Bets

In other news, EVP Claudia S. Toussaint sold 10,421 shares of Xylem stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $152.64, for a total value of $1,590,661.44. Following the transaction, the executive vice president directly owned 31,250 shares in the company, valued at approximately $4,770,000. This trade represents a 25.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Victoria D. Harker sold 1,700 shares of the company’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $148.14, for a total value of $251,838.00. Following the sale, the director owned 16,875 shares of the company’s stock, valued at $2,499,862.50. This trade represents a 9.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.27% of the company’s stock.

Institutional Trading of Xylem

A number of institutional investors have recently modified their holdings of XYL. Norges Bank bought a new position in shares of Xylem during the 2nd quarter worth approximately $338,232,000. ABN AMRO Bank N.V. purchased a new position in Xylem in the second quarter worth $208,226,000. Schroder Investment Management Group increased its position in shares of Xylem by 2,055.2% during the third quarter. Schroder Investment Management Group now owns 1,192,682 shares of the industrial products company’s stock worth $171,687,000 after purchasing an additional 1,137,342 shares in the last quarter. Swedbank AB lifted its holdings in shares of Xylem by 19.0% during the 3rd quarter. Swedbank AB now owns 5,197,753 shares of the industrial products company’s stock valued at $766,669,000 after purchasing an additional 830,821 shares during the last quarter. Finally, Amundi boosted its position in shares of Xylem by 17.0% in the 2nd quarter. Amundi now owns 5,714,576 shares of the industrial products company’s stock worth $730,717,000 after purchasing an additional 830,337 shares in the last quarter. 87.96% of the stock is currently owned by institutional investors.

Xylem Stock Performance

Shares of NYSE:XYL opened at $136.12 on Tuesday. The firm’s 50 day simple moving average is $142.41 and its 200-day simple moving average is $140.05. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.50 and a current ratio of 1.96. Xylem has a one year low of $100.47 and a one year high of $154.27. The firm has a market cap of $33.14 billion, a PE ratio of 34.99, a price-to-earnings-growth ratio of 2.11 and a beta of 1.18.

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

Xylem Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Tuesday, November 25th were issued a dividend of $0.40 per share. The ex-dividend date was Tuesday, November 25th. This represents a $1.60 dividend on an annualized basis and a yield of 1.2%. Xylem’s dividend payout ratio is currently 41.13%.

Xylem Company Profile

(Get Free Report)

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.

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