Xylem Inc. (NYSE:XYL) Receives Consensus Rating of "Moderate Buy" from Analysts

Xylem Inc. (NYSE:XYL - Get Free Report) has earned an average recommendation of "Moderate Buy" from the ten brokerages that are presently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $147.33.

Several equities analysts have commented on XYL shares. Robert W. Baird increased their target price on Xylem from $139.00 to $148.00 and gave the company an "outperform" rating in a research report on Wednesday, February 5th. Stifel Nicolaus decreased their price target on Xylem from $150.00 to $140.00 and set a "buy" rating for the company in a research note on Wednesday, April 16th. Finally, Citigroup decreased their price target on Xylem from $152.00 to $134.00 and set a "buy" rating for the company in a research note on Monday, April 14th.

Institutional Investors Weigh In On Xylem

Large investors have recently added to or reduced their stakes in the business. Valley National Advisers Inc. grew its stake in Xylem by 84.9% during the first quarter. Valley National Advisers Inc. now owns 220 shares of the industrial products company's stock worth $26,000 after purchasing an additional 101 shares during the period. Perkins Coie Trust Co acquired a new stake in Xylem during the first quarter worth approximately $27,000. Lee Danner & Bass Inc. acquired a new stake in Xylem during the fourth quarter worth approximately $30,000. Rialto Wealth Management LLC acquired a new stake in Xylem in the fourth quarter valued at approximately $31,000. Finally, Center for Financial Planning Inc. grew its stake in Xylem by 52.0% in the first quarter. Center for Financial Planning Inc. now owns 266 shares of the industrial products company's stock valued at $32,000 after acquiring an additional 91 shares during the period. Institutional investors and hedge funds own 87.96% of the company's stock.

Xylem Trading Up 2.5 %

Xylem stock traded up $2.93 during trading hours on Thursday, hitting $118.85. The stock had a trading volume of 2,864,907 shares, compared to its average volume of 1,414,959. The company has a quick ratio of 1.33, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. The stock has a market cap of $28.92 billion, a price-to-earnings ratio of 32.47, a P/E/G ratio of 2.33 and a beta of 1.08. Xylem has a one year low of $100.47 and a one year high of $146.08. The business's 50 day simple moving average is $118.39 and its 200-day simple moving average is $122.18.

Xylem (NYSE:XYL - Get Free Report) last posted its earnings results on Tuesday, April 29th. The industrial products company reported $1.03 EPS for the quarter, beating the consensus estimate of $0.95 by $0.08. Xylem had a return on equity of 9.96% and a net margin of 10.40%. The firm's quarterly revenue was up 1.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.90 earnings per share. On average, equities analysts predict that Xylem will post 4.65 EPS for the current fiscal year.

Xylem Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Tuesday, February 18th were paid a dividend of $0.40 per share. The ex-dividend date was Tuesday, February 18th. This represents a $1.60 annualized dividend and a yield of 1.35%. This is a boost from Xylem's previous quarterly dividend of $0.36. Xylem's dividend payout ratio (DPR) is currently 43.72%.

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.