TD Cowen Forecasts Strong Price Appreciation for Xylem (NYSE:XYL) Stock

Key Points

• TD Cowen has raised its price target for Xylem (NYSE: XYL) from $125.00 to $130.00, maintaining a "hold" rating despite the target suggesting an 8.93% downside from the previous close.
• Other analysts have varying opinions, with Royal Bank of Canada setting a higher price target of $147.00 and Citigroup raising their target to $152.00, indicating a generally positive outlook among analysts.
• Xylem's recent earnings report showed an earnings per share (EPS) of $1.26, exceeding estimates, and the company projects FY 2025 EPS guidance between 4.700 and 4.850.

Xylem (NYSE:XYL - Get Free Report) had its price target boosted by stock analysts at TD Cowen from $125.00 to $130.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage presently has a "hold" rating on the industrial products company's stock. TD Cowen's target price would suggest a potential downside of 8.93% from the company's previous close.

A number of other equities analysts have also issued reports on the stock. Royal Bank Of Canada raised their target price on shares of Xylem from $143.00 to $147.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 30th. Robert W. Baird lowered their price objective on shares of Xylem from $149.00 to $146.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 30th. Citigroup reiterated a "buy" rating and issued a $152.00 price objective (up from $137.00) on shares of Xylem in a research report on Monday, July 14th. JPMorgan Chase & Co. assumed coverage on shares of Xylem in a research report on Friday, May 30th. They issued an "overweight" rating and a $148.00 price objective on the stock. Finally, Raymond James Financial upgraded shares of Xylem to a "hold" rating in a research report on Thursday, May 15th. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $152.29.

Xylem Stock Performance

Shares of XYL opened at $142.7550 on Tuesday. The company has a current ratio of 1.90, a quick ratio of 1.43 and a debt-to-equity ratio of 0.17. The firm has a market cap of $34.75 billion, a PE ratio of 37.08, a price-to-earnings-growth ratio of 2.49 and a beta of 1.11. The company's 50 day simple moving average is $134.57 and its 200-day simple moving average is $126.47. Xylem has a 12-month low of $100.47 and a 12-month high of $145.33.

Xylem (NYSE:XYL - Get Free Report) last announced its earnings results on Thursday, July 31st. The industrial products company reported $1.26 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.15 by $0.11. The business had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.20 billion. Xylem had a net margin of 10.74% and a return on equity of 10.33%. The company's revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period last year, the firm posted $1.09 earnings per share. Xylem has set its FY 2025 guidance at 4.700-4.850 EPS. As a group, equities analysts predict that Xylem will post 4.65 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of XYL. Price T Rowe Associates Inc. MD raised its position in Xylem by 689.5% in the first quarter. Price T Rowe Associates Inc. MD now owns 3,708,963 shares of the industrial products company's stock worth $443,074,000 after acquiring an additional 3,239,203 shares in the last quarter. Norges Bank acquired a new stake in Xylem in the second quarter valued at $338,232,000. ABN AMRO Bank N.V. acquired a new stake in Xylem in the second quarter valued at $208,226,000. Northern Trust Corp grew its holdings in Xylem by 42.0% in the fourth quarter. Northern Trust Corp now owns 3,268,433 shares of the industrial products company's stock valued at $379,204,000 after purchasing an additional 966,399 shares during the last quarter. Finally, Nuveen LLC acquired a new stake in Xylem in the first quarter valued at $99,726,000. Hedge funds and other institutional investors own 87.96% of the company's stock.

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.

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