Xylem’s (XYL) “Outperform” Rating Reiterated at Oppenheimer

by · The Markets Daily

Oppenheimer reiterated their outperform rating on shares of Xylem (NYSE:XYL – Free Report) in a research note issued to investors on Wednesday morning,Benzinga reports. They currently have a $150.00 price objective on the industrial products company’s stock, down from their previous price objective of $158.00.

Several other equities analysts also recently commented on the company. Stifel Nicolaus upped their price objective on Xylem from $157.00 to $160.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Mizuho lifted their target price on Xylem from $124.00 to $130.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 29th. CLSA upgraded Xylem to a “hold” rating in a research report on Thursday, June 25th. Weiss Ratings reissued a “hold (c)” rating on shares of Xylem in a research note on Wednesday, August 5th. Finally, Jefferies Financial Group upped their price target on shares of Xylem from $145.00 to $150.00 and gave the stock a “buy” rating in a report on Monday, August 24th. Nine equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $145.54.

Check Out Our Latest Stock Report on XYL

Xylem Trading Up 0.8%

XYL opened at $104.21 on Wednesday. The stock has a market cap of $24.33 billion, a price-to-earnings ratio of 24.81, a P/E/G ratio of 1.66 and a beta of 1.00. The stock’s 50 day moving average price is $108.40 and its 200-day moving average price is $113.90. Xylem has a one year low of $98.58 and a one year high of $154.27. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.24 and a current ratio of 1.61.

Xylem (NYSE:XYL – Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share for the quarter, topping the consensus estimate of $1.34 by $0.12. Xylem had a return on equity of 11.77% and a net margin of 11.15%. The firm had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.34 billion. During the same period in the prior year, the business posted $1.26 earnings per share. The company’s revenue for the quarter was up 1.5% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. On average, equities analysts forecast that Xylem will post 5.66 EPS for the current year.

Xylem Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Thursday, August 27th were paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Thursday, August 27th. Xylem’s payout ratio is currently 40.95%.

Institutional Trading of Xylem

A number of large investors have recently modified their holdings of the company. Dunhill Financial LLC bought a new position in Xylem in the second quarter worth approximately $30,000. Avalon Trust Co purchased a new position in Xylem during the 2nd quarter worth $35,000. Orion Capital Management LLC bought a new stake in Xylem during the 2nd quarter valued at $35,000. Aventus Investment Advisors Inc. raised its position in Xylem by 66.7% during the 2nd quarter. Aventus Investment Advisors Inc. now owns 300 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 120 shares in the last quarter. Finally, Global Assets Advisory LLC bought a new stake in Xylem during the 1st quarter valued at $40,000. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Xylem Company Profile

(Get Free Report)

Xylem Inc (NYSE: XYL) is a global water technology company that develops products, services and solutions for the movement, treatment, testing and efficient use of water. Its offerings serve municipal water and wastewater systems, utilities, industrial customers, commercial buildings and other infrastructure operators.

The company’s portfolio includes water and wastewater pumps, mixing and aeration equipment, treatment systems, measurement and monitoring technologies, smart metering, network-management software, and related services.

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