Wolfe Research Reiterates Peer Perform Rating for Xylem (NYSE:XYL)

Key Points

• Wolfe Research reaffirmed its “peer perform” rating on Xylem, while the broader analyst consensus remains “Moderate Buy,” with nine Buy ratings and seven Holds.
• Xylem shares opened at $107.48, near their one-year low of $105.29 and below the consensus analyst price target of $155.00.
• The company exceeded quarterly earnings expectations, reporting $1.46 in EPS versus the $1.34 consensus, while revenue reached $2.34 billion and rose 1.5% year over year.

Xylem (NYSE:XYL - Get Free Report)'s stock had its "peer perform" rating reaffirmed by Wolfe Research in a research note issued on Tuesday, Benzinga reports.

A number of other research firms also recently commented on XYL. Jefferies Financial Group increased their price objective on shares of Xylem from $145.00 to $150.00 and gave the company a "buy" rating in a research note on Monday, August 24th. CLSA upgraded shares of Xylem to a "hold" rating in a research note on Thursday, June 25th. Mizuho increased their price target on shares of Xylem from $124.00 to $130.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 29th. Citigroup reiterated a "buy" rating on shares of Xylem in a research note on Wednesday, July 29th. Finally, UBS Group boosted their price objective on Xylem from $135.00 to $138.00 and gave the company a "neutral" rating in a report on Thursday, August 13th. Nine research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $155.00.

Xylem Trading Up 0.5%

NYSE:XYL opened at $107.48 on Tuesday. The stock has a market cap of $25.10 billion, a price-to-earnings ratio of 25.59, a price-to-earnings-growth ratio of 1.72 and a beta of 1.00. Xylem has a one year low of $105.29 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. The business's 50-day simple moving average is $116.29 and its 200 day simple moving average is $117.11.

Xylem (NYSE:XYL - Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $2.34 billion. During the same quarter last year, the firm earned $1.26 EPS. Xylem's quarterly revenue was up 1.5% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. As a group, sell-side analysts predict that Xylem will post 5.66 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in XYL. J. Stern & Co. LLP grew its stake in shares of Xylem by 12,326.6% during the fourth quarter. J. Stern & Co. LLP now owns 45,448,168 shares of the industrial products company's stock worth $6,189,132,000 after purchasing an additional 45,082,435 shares during the period. California State Teachers Retirement System lifted its stake in Xylem by 11,093.8% in the second quarter. California State Teachers Retirement System now owns 44,361,731 shares of the industrial products company's stock valued at $5,244,000,000 after buying an additional 43,965,426 shares during the period. BlackRock Inc. acquired a new position in Xylem in the second quarter valued at about $2,959,730,000. Geode Capital Management LLC boosted its holdings in Xylem by 2.4% during the fourth quarter. Geode Capital Management LLC now owns 6,357,278 shares of the industrial products company's stock worth $862,364,000 after buying an additional 151,754 shares during the last quarter. Finally, XXEC Inc. acquired a new position in shares of Xylem during the 2nd quarter worth about $850,841,000. 87.96% of the stock is currently owned by institutional investors.

About Xylem

Xylem Inc NYSE: XYL is a global water technology company that develops products, services and solutions for the transportation, treatment, testing and efficient use of water and wastewater. Its customers include municipalities, utilities, industrial businesses, commercial facilities and residential users.

The company's offerings include water and wastewater pumps, controls, treatment systems, filtration and disinfection equipment, smart metering and network technologies, monitoring tools, data analytics and related maintenance services.

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