Xylem Inc. (NYSE:XYL) Receives $147.33 Consensus Target Price from Analysts

Xylem Inc. (NYSE:XYL) has received an average rating of “Moderate Buy” from the ten brokerages that are presently covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $147.33.

Several research analysts have recently commented on XYL shares. Robert W. Baird boosted their target price on Xylem from $139.00 to $148.00 and gave the stock an “outperform” rating in a report on Wednesday, February 5th. Stifel Nicolaus reduced their target price on Xylem from $150.00 to $140.00 and set a “buy” rating on the stock in a report on Wednesday, April 16th. Finally, Citigroup reduced their target price on Xylem from $152.00 to $134.00 and set a “buy” rating on the stock in a report on Monday, April 14th.

Xylem Stock Down 0.2 %

NYSE XYL opened at $115.82 on Thursday. The company has a current ratio of 1.76, a quick ratio of 1.33 and a debt-to-equity ratio of 0.19. The stock’s 50 day moving average is $118.61 and its two-hundred day moving average is $122.20. The company has a market capitalization of $28.18 billion, a price-to-earnings ratio of 31.64, a PEG ratio of 2.33 and a beta of 1.08. Xylem has a 1-year low of $100.47 and a 1-year high of $146.08.

Xylem (NYSE:XYL) last released its quarterly earnings data on Tuesday, February 4th. The industrial products company reported $1.18 earnings per share for the quarter, beating analysts’ consensus estimates of $1.12 by $0.06. The company had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.18 billion. Xylem had a return on equity of 9.96% and a net margin of 10.40%. The company’s quarterly revenue was up 8.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.99 earnings per share. Equities analysts forecast that Xylem will post 4.65 earnings per share for the current fiscal year.

Xylem Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Tuesday, February 18th were given a dividend of $0.40 per share. This is a boost from Xylem’s previous quarterly dividend of $0.36. The ex-dividend date was Tuesday, February 18th. This represents a $1.60 annualized dividend and a dividend yield of 1.38%. Xylem’s payout ratio is presently 43.72%.

Institutional Trading of Xylem

Several institutional investors and hedge funds have recently made changes to their positions in the business. Dempze Nancy E raised its position in shares of Xylem by 0.3% during the 4th quarter. Dempze Nancy E now owns 25,761 shares of the industrial products company’s stock valued at $2,989,000 after acquiring an additional 88 shares during the last quarter. Townsquare Capital LLC raised its position in shares of Xylem by 0.8% during the 4th quarter. Townsquare Capital LLC now owns 11,074 shares of the industrial products company’s stock valued at $1,285,000 after acquiring an additional 88 shares during the last quarter. Center for Financial Planning Inc. raised its position in shares of Xylem by 52.0% during the 1st 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 last quarter. Keel Point LLC raised its position in shares of Xylem by 4.1% during the 4th quarter. Keel Point LLC now owns 2,371 shares of the industrial products company’s stock valued at $275,000 after acquiring an additional 93 shares during the last quarter. Finally, Clear Creek Financial Management LLC raised its position in shares of Xylem by 4.3% during the 4th quarter. Clear Creek Financial Management LLC now owns 2,315 shares of the industrial products company’s stock valued at $269,000 after acquiring an additional 96 shares during the last quarter. Institutional investors own 87.96% of the company’s stock.

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.