Xylem (NYSE:XYL) Sets New 52-Week High at $146.00

Xylem Inc. (NYSE:XYL - Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $146.00 and last traded at $146.00, with a volume of 103 shares changing hands. The stock had previously closed at $143.00.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Mizuho boosted their target price on shares of Xylem from $110.00 to $135.00 and gave the company a "neutral" rating in a report on Friday, May 3rd. Robert W. Baird lifted their price target on shares of Xylem from $151.00 to $155.00 and gave the stock an "outperform" rating in a report on Friday, May 3rd. Citigroup lifted their target price on Xylem from $126.00 to $139.00 and gave the stock a "neutral" rating in a report on Monday, April 8th. Stifel Nicolaus upped their target price on shares of Xylem from $136.00 to $150.00 and gave the stock a "buy" rating in a report on Wednesday, February 7th. Finally, Royal Bank of Canada increased their price objective on Xylem from $157.00 to $162.00 and gave the stock an "outperform" rating in a research report on Friday, May 3rd. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $140.70.

Xylem Stock Down 1.2 %

The stock has a market cap of $34.25 billion, a P/E ratio of 50.27, a PEG ratio of 2.66 and a beta of 1.08. The firm has a 50-day simple moving average of $130.12 and a two-hundred day simple moving average of $117.33. The company has a current ratio of 1.67, a quick ratio of 1.22 and a debt-to-equity ratio of 0.19.

Xylem (NYSE:XYL - Get Free Report) last issued its quarterly earnings data on Thursday, May 2nd. The industrial products company reported $0.90 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.84 by $0.06. The company had revenue of $2.03 billion during the quarter, compared to the consensus estimate of $2 billion. Xylem had a return on equity of 8.95% and a net margin of 8.34%. The firm's revenue was up 40.4% compared to the same quarter last year. During the same period last year, the company earned $0.72 earnings per share. Equities research analysts expect that Xylem Inc. will post 4.24 earnings per share for the current fiscal year.

Insider Buying and Selling at Xylem

In other Xylem news, CAO Geri-Michelle Mcshane sold 1,000 shares of the firm's stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $122.89, for a total value of $122,890.00. Following the sale, the chief accounting officer now owns 2,935 shares of the company's stock, valued at approximately $360,682.15. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.27% of the company's stock.

Hedge Funds Weigh In On Xylem

A number of hedge funds have recently bought and sold shares of the company. O Shaughnessy Asset Management LLC increased its stake in shares of Xylem by 13.4% in the first quarter. O Shaughnessy Asset Management LLC now owns 33,035 shares of the industrial products company's stock worth $4,269,000 after acquiring an additional 3,911 shares during the period. Beaumont Financial Advisors LLC acquired a new stake in shares of Xylem in the 1st quarter worth $237,000. Edgestream Partners L.P. raised its position in Xylem by 82.6% in the first quarter. Edgestream Partners L.P. now owns 25,070 shares of the industrial products company's stock valued at $3,240,000 after purchasing an additional 11,344 shares during the period. TIAA Trust National Association raised its position in Xylem by 6.2% in the 1st quarter. TIAA Trust National Association now owns 1,983 shares of the industrial products company's stock valued at $256,000 after purchasing an additional 115 shares in the last quarter. Finally, Pinnacle Wealth Planning Services Inc. purchased a new position in Xylem in the first quarter worth approximately $204,000. Institutional investors own 87.96% of the company's stock.

About Xylem

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.