Xylem Inc. (NYSE:XYL) Receives Average Rating of "Moderate Buy" from Brokerages

Xylem Inc. (NYSE:XYL - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the nine research firms that are presently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $143.71.

Several equities analysts have commented on the stock. Raymond James raised shares of Xylem to a "hold" rating in a research report on Thursday, May 15th. Robert W. Baird dropped their target price 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. JPMorgan Chase & Co. initiated coverage on shares of Xylem in a report on Friday, May 30th. They set an "overweight" rating and a $148.00 price objective for the company. Royal Bank of Canada raised their price objective on shares of Xylem from $143.00 to $147.00 and gave the stock an "outperform" rating in a report on Wednesday, April 30th. Finally, Citigroup decreased their price objective on shares of Xylem from $152.00 to $134.00 and set a "buy" rating for the company in a report on Monday, April 14th.

Institutional Investors Weigh In On Xylem

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in XYL. Dempze Nancy E lifted its stake in shares of Xylem by 0.3% in the 4th quarter. Dempze Nancy E now owns 25,761 shares of the industrial products company's stock worth $2,989,000 after purchasing an additional 88 shares during the period. Townsquare Capital LLC lifted its stake in shares of Xylem by 0.8% in the 4th quarter. Townsquare Capital LLC now owns 11,074 shares of the industrial products company's stock worth $1,285,000 after purchasing an additional 88 shares during the period. Center for Financial Planning Inc. lifted its stake in shares of Xylem by 52.0% in the 1st quarter. Center for Financial Planning Inc. now owns 266 shares of the industrial products company's stock worth $32,000 after purchasing an additional 91 shares during the period. Keel Point LLC lifted its stake in shares of Xylem by 4.1% in the 4th quarter. Keel Point LLC now owns 2,371 shares of the industrial products company's stock worth $275,000 after purchasing an additional 93 shares during the period. Finally, SageView Advisory Group LLC lifted its stake in shares of Xylem by 3.6% in the 4th quarter. SageView Advisory Group LLC now owns 2,790 shares of the industrial products company's stock worth $324,000 after purchasing an additional 98 shares during the period. 87.96% of the stock is currently owned by institutional investors.

Xylem Stock Up 1.6%

Shares of Xylem stock traded up $2.01 during trading hours on Friday, reaching $127.51. The company's stock had a trading volume of 1,010,933 shares, compared to its average volume of 1,401,436. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.33 and a current ratio of 1.76. The stock's fifty day simple moving average is $121.01 and its two-hundred day simple moving average is $121.71. Xylem has a one year low of $100.47 and a one year high of $143.50. The company has a market capitalization of $31.03 billion, a P/E ratio of 34.84, a P/E/G ratio of 2.33 and a beta of 1.13.

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, topping the consensus estimate of $0.95 by $0.08. Xylem had a net margin of 10.40% and a return on equity of 9.96%. The firm had revenue of $2.07 billion for the quarter, compared to analysts' expectations of $2.04 billion. During the same quarter last year, the firm earned $0.90 EPS. The company's quarterly revenue was up 1.8% compared to the same quarter last year. On average, research analysts forecast that Xylem will post 4.65 earnings per share for the current year.

Xylem Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 26th. Investors of record on Thursday, May 29th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Thursday, May 29th. This represents a $1.60 dividend on an annualized basis and a yield of 1.25%. Xylem's dividend payout ratio is currently 43.01%.

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.