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

Xylem Inc. (NYSE:XYL - Get Free Report) has been assigned an average rating of "Moderate Buy" from the nine analysts that are covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $143.71.

A number of analysts recently weighed in on XYL shares. Robert W. Baird reduced their target price on shares of Xylem from $149.00 to $146.00 and set an "outperform" rating for the company in a report on Wednesday, April 30th. Royal Bank Of Canada increased 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. Stifel Nicolaus increased their target price on shares of Xylem from $140.00 to $141.00 and gave the stock a "buy" rating in a research report on Wednesday, April 30th. JPMorgan Chase & Co. started coverage on shares of Xylem in a research report on Friday, May 30th. They issued an "overweight" rating and a $148.00 target price for the company. Finally, Citigroup cut their target price on shares of Xylem from $152.00 to $134.00 and set a "buy" rating for the company in a research report on Monday, April 14th.

Hedge Funds Weigh In On Xylem

A number of institutional investors and hedge funds have recently added to or reduced their stakes in XYL. Valley National Advisers Inc. increased its stake in Xylem by 84.9% in the first quarter. Valley National Advisers Inc. now owns 220 shares of the industrial products company's stock valued at $26,000 after purchasing an additional 101 shares in the last quarter. Perkins Coie Trust Co acquired a new position in shares of Xylem in the first quarter valued at approximately $27,000. Lee Danner & Bass Inc. acquired a new position in shares of Xylem in the fourth quarter valued at approximately $30,000. Rialto Wealth Management LLC acquired a new position in shares of Xylem in the fourth quarter valued at approximately $31,000. Finally, Center for Financial Planning Inc. boosted its holdings in shares of 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 buying an additional 91 shares during the period. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Xylem Stock Performance

Shares of Xylem stock opened at $130.91 on Tuesday. The firm has a market cap of $31.86 billion, a PE ratio of 35.19, a price-to-earnings-growth ratio of 2.41 and a beta of 1.12. The firm's 50-day simple moving average is $126.17 and its 200-day simple moving average is $122.24. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.41 and a current ratio of 1.89. Xylem has a 1 year low of $100.47 and a 1 year high of $143.50.

Xylem (NYSE:XYL - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The industrial products company reported $1.03 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.08. Xylem had a net margin of 10.54% and a return on equity of 10.12%. The firm had revenue of $2.07 billion for the quarter, compared to analyst estimates of $2.04 billion. During the same quarter in the prior year, the business earned $0.90 earnings per share. Xylem's quarterly revenue was up 1.8% on a year-over-year basis. Equities analysts forecast that Xylem will post 4.65 earnings per share for the current fiscal year.

Xylem Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 26th. Stockholders of record on Thursday, May 29th were given a dividend of $0.40 per share. The ex-dividend date was Thursday, May 29th. This represents a $1.60 annualized dividend and a dividend yield of 1.22%. Xylem's dividend payout ratio (DPR) is currently 43.01%.

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.

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