Xylem (NYSE:XYL) Hits New 1-Year Low - Here's Why

Xylem Inc. (NYSE:XYL - Get Free Report) reached a new 52-week low during trading on Wednesday. The company traded as low as $100.17 and last traded at $101.0590, with a volume of 2210122 shares. The stock had previously closed at $100.91.

Wall Street Analysts Forecast Growth

XYL has been the subject of a number of recent analyst reports. 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 research report on Monday, August 24th. UBS Group lifted their target price on shares of Xylem from $135.00 to $138.00 and gave the company a "neutral" rating in a research note on Thursday, August 13th. Citigroup reaffirmed a "buy" rating on shares of Xylem in a report on Wednesday, July 29th. Wolfe Research initiated coverage on Xylem in a research note on Tuesday, September 15th. They issued a "peer perform" rating for the company. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of Xylem in a report on Wednesday, August 5th. Nine analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $155.00.

Xylem Stock Up 0.1%

The company has a current ratio of 1.61, a quick ratio of 1.24 and a debt-to-equity ratio of 0.23. The company has a 50 day simple moving average of $112.92 and a two-hundred day simple moving average of $115.47. The firm has a market capitalization of $23.60 billion, a P/E ratio of 24.06, a P/E/G ratio of 1.62 and a beta of 1.00.

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

Xylem Dividend Announcement

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in XYL. Commonwealth Retirement Investments LLC bought a new stake in shares of Xylem in the fourth quarter worth about $27,000. Dunhill Financial LLC purchased a new stake in shares of Xylem in the second quarter worth about $30,000. Avalon Trust Co bought a new position in Xylem during the second quarter valued at approximately $35,000. Orion Capital Management LLC bought a new position in Xylem during the second quarter valued at approximately $35,000. Finally, Aventus Investment Advisors Inc. grew its holdings 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 buying an additional 120 shares in the last quarter. Institutional investors own 87.96% of the company's stock.

About Xylem

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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