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

Key Points

• Xylem has a “Moderate Buy” consensus rating from 15 brokerages, with nine buy ratings and six holds; the average 12-month price target is $154.
• Xylem reported quarterly EPS of $1.46, exceeding the $1.34 consensus estimate, while revenue reached $2.34 billion, up 1.5% year over year.
• The company pays a quarterly dividend of $0.43 per share, equivalent to a $1.72 annualized dividend and a 1.4% yield.

Xylem Inc. (NYSE:XYL - Get Free Report) has been assigned an average rating of "Moderate Buy" from the fifteen brokerages that are currently covering the stock, MarketBeat.com reports. Six investment analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $154.00.

Several equities research analysts have weighed in on XYL shares. UBS Group upped their price target on Xylem from $129.00 to $135.00 and gave the stock a "neutral" rating in a report on Thursday, July 30th. Mizuho boosted their price objective on Xylem from $124.00 to $130.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 29th. Citigroup restated a "buy" rating on shares of Xylem in a research note on Wednesday, July 29th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Xylem in a report on Wednesday, August 5th. Finally, Royal Bank Of Canada lifted their price target on shares of Xylem from $159.00 to $164.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 29th.

Xylem Stock Performance

NYSE:XYL opened at $123.10 on Wednesday. Xylem has a 52 week low of $105.29 and a 52 week high of $154.27. The company has a fifty day simple moving average of $116.83 and a two-hundred day simple moving average of $120.95. The company has a quick ratio of 1.24, a current ratio of 1.61 and a debt-to-equity ratio of 0.23. The company has a market cap of $28.74 billion, a price-to-earnings ratio of 29.31, a price-to-earnings-growth ratio of 1.68 and a beta of 1.02.

Xylem (NYSE:XYL - Get Free Report) last announced 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. The business had revenue of $2.34 billion for the quarter, compared to analysts' expectations of $2.34 billion. Xylem had a return on equity of 11.77% and a net margin of 11.15%.The company's revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period last year, the firm earned $1.26 earnings per share. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. As a group, equities analysts anticipate that Xylem will post 5.67 earnings per share for the current fiscal year.

Xylem Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Thursday, May 28th were given a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Thursday, May 28th. Xylem's payout ratio is 40.95%.

Hedge Funds Weigh In On Xylem

A number of institutional investors and hedge funds have recently modified their holdings of the company. Ieq Capital LLC purchased a new position in Xylem in the second quarter valued at $1,208,000. Burnham & Co LLC purchased a new stake in Xylem during the 2nd quarter worth about $1,289,000. Callan Family Office LLC acquired a new position in shares of Xylem during the 2nd quarter worth about $629,000. Green Alpha Advisors LLC acquired a new position in shares of Xylem during the 2nd quarter worth about $602,000. Finally, Allworth Financial LP purchased a new position in shares of Xylem in the 2nd quarter valued at about $414,000. Institutional investors and hedge funds own 87.96% of the company's stock.

About Xylem

Xylem Inc NYSE: XYL is a global water technology company that designs, manufactures and services engineered systems and equipment for the transport, treatment, testing and efficient use of water. Its product portfolio spans pumps and pumping systems, valves, filtration and disinfection equipment, sensors and analytical instruments, and digital solutions for monitoring and control of water infrastructure. Xylem serves the full water cycle with offerings for water and wastewater utilities, industrial customers, commercial and residential buildings, and agricultural applications.

The company was established as an independent publicly traded company in 2011 following a corporate spin-off from ITT Corporation and is headquartered in Rye Brook, New York.

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