Xylem Inc. (NYSE:XYL) Given Average Recommendation of "Moderate Buy" by Brokerages

Key Points

• Xylem Inc. (NYSE:XYL) has received an average recommendation of "Moderate Buy" from ten research firms, with four analysts rating it a hold and six issuing buy ratings.
• The company's recent earnings report showed an EPS of $1.26, surpassing expectations of $1.15, and a revenue of $2.30 billion, reflecting a 6.1% increase year-over-year.
• Xylem recently declared a quarterly dividend of $0.40 per share, representing an annualized dividend yield of 1.1% based on its payout ratio of 41.56%.

Shares of Xylem Inc. (NYSE:XYL - Get Free Report) have been given a consensus rating of "Moderate Buy" by the ten research firms that are presently covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $152.2857.

A number of research analysts have commented on the stock. Royal Bank Of Canada upped their target price on shares of Xylem from $143.00 to $147.00 and gave the company an "outperform" rating in a research report on Wednesday, April 30th. Raymond James Financial upgraded shares of Xylem to a "hold" rating in a research note on Thursday, May 15th. TD Cowen boosted their price target on shares of Xylem from $125.00 to $130.00 and gave the stock a "hold" rating in a research note on Tuesday. JPMorgan Chase & Co. started coverage on shares of Xylem in a research note on Friday, May 30th. They set an "overweight" rating and a $148.00 price target on the stock. Finally, Robert W. Baird cut their price target on shares of Xylem from $149.00 to $146.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 30th.

Institutional Trading of Xylem

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Thrivent Financial for Lutherans increased its stake in shares of Xylem by 378.2% during the second quarter. Thrivent Financial for Lutherans now owns 47,670 shares of the industrial products company's stock worth $6,166,000 after buying an additional 37,701 shares during the period. Pathway Financial Advisers LLC increased its stake in shares of Xylem by 12.0% during the second quarter. Pathway Financial Advisers LLC now owns 6,379 shares of the industrial products company's stock worth $825,000 after buying an additional 685 shares during the period. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Xylem during the second quarter worth approximately $294,000. Advisory Services Network LLC increased its stake in shares of Xylem by 31.2% during the second quarter. Advisory Services Network LLC now owns 3,925 shares of the industrial products company's stock worth $508,000 after buying an additional 934 shares during the period. Finally, State of Wyoming purchased a new stake in shares of Xylem during the second quarter worth approximately $89,000. 87.96% of the stock is currently owned by hedge funds and other institutional investors.

Xylem Trading Up 0.6%

NYSE XYL opened at $143.47 on Wednesday. The firm's 50-day moving average is $134.94 and its two-hundred day moving average is $126.59. Xylem has a 12 month low of $100.47 and a 12 month high of $145.33. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.90 and a quick ratio of 1.43. The stock has a market capitalization of $34.92 billion, a P/E ratio of 37.26, a PEG ratio of 2.48 and a beta of 1.11.

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

Xylem Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Thursday, August 28th will be paid a dividend of $0.40 per share. The ex-dividend date is Thursday, August 28th. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. Xylem's dividend payout ratio is 41.56%.

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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