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

Shares of Xylem Inc. (NYSE:XYL) have earned an average rating of “Moderate Buy” from the eleven brokerages that are covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1 year price objective among analysts that have covered the stock in the last year is $152.10.

A number of brokerages have recently commented on XYL. Royal Bank of Canada cut their price target on Xylem from $163.00 to $162.00 and set an “outperform” rating for the company in a report on Friday, November 1st. Stifel Nicolaus cut their target price on Xylem from $172.00 to $166.00 and set a “buy” rating for the company in a research note on Wednesday, December 11th. Citigroup dropped their price objective on Xylem from $148.00 to $147.00 and set a “buy” rating for the company in a research note on Monday, January 13th. TD Cowen dropped their price objective on Xylem from $138.00 to $125.00 and set a “hold” rating for the company in a research note on Wednesday, November 6th. Finally, Wolfe Research reiterated a “peer perform” rating on shares of Xylem in a research note on Thursday, December 12th.

Hedge Funds Weigh In On Xylem

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bangor Savings Bank raised its holdings in shares of Xylem by 56.7% during the 3rd quarter. Bangor Savings Bank now owns 235 shares of the industrial products company’s stock worth $32,000 after buying an additional 85 shares in the last quarter. Mark Sheptoff Financial Planning LLC bought a new stake in shares of Xylem in the 2nd quarter valued at about $33,000. Assetmark Inc. boosted its position in shares of Xylem by 3,887.5% during the 3rd quarter. Assetmark Inc. now owns 319 shares of the industrial products company’s stock valued at $43,000 after purchasing an additional 311 shares in the last quarter. Versant Capital Management Inc boosted its position in shares of Xylem by 318.2% during the 4th quarter. Versant Capital Management Inc now owns 368 shares of the industrial products company’s stock valued at $43,000 after purchasing an additional 280 shares in the last quarter. Finally, Catalyst Capital Advisors LLC raised its stake in Xylem by 226.0% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 339 shares of the industrial products company’s stock worth $46,000 after buying an additional 235 shares during the period. 87.96% of the stock is owned by institutional investors and hedge funds.

Xylem Stock Up 0.7 %

Shares of Xylem stock opened at $119.84 on Tuesday. Xylem has a 12-month low of $109.70 and a 12-month high of $146.08. The stock has a market capitalization of $29.11 billion, a P/E ratio of 35.04, a PEG ratio of 1.89 and a beta of 1.06. The stock has a 50 day moving average price of $121.08 and a two-hundred day moving average price of $128.80. The company has a quick ratio of 1.42, a current ratio of 1.96 and a debt-to-equity ratio of 0.19.

Xylem (NYSE:XYL) last issued its quarterly earnings results on Thursday, October 31st. The industrial products company reported $1.11 EPS for the quarter, hitting analysts’ consensus estimates of $1.11. Xylem had a return on equity of 9.61% and a net margin of 9.85%. The company had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.17 billion. During the same period in the previous year, the company earned $0.99 earnings per share. The company’s quarterly revenue was up .2% compared to the same quarter last year. Equities analysts expect that Xylem will post 4.23 earnings per share for the current year.

Xylem Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Tuesday, November 26th were paid a $0.36 dividend. The ex-dividend date was Tuesday, November 26th. This represents a $1.44 annualized dividend and a yield of 1.20%. Xylem’s dividend payout ratio (DPR) is presently 42.11%.

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.