Xylem (NYSE:XYL – Get Free Report)‘s stock had its “peer perform” rating restated by investment analysts at Wolfe Research in a research note issued on Tuesday, Benzinga reports.
A number of other research firms have also commented on XYL. Royal Bank Of Canada raised their price target on Xylem from $159.00 to $164.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. CLSA raised Xylem to a “hold” rating in a research note on Thursday, June 25th. Citigroup restated a “buy” rating on shares of Xylem in a report on Wednesday, July 29th. UBS Group lifted their price target on shares of Xylem from $135.00 to $138.00 and gave the company a “neutral” rating in a research note on Thursday, August 13th. Finally, Mizuho increased their price objective on shares of Xylem from $124.00 to $130.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 29th. Nine research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $155.00.
View Our Latest Stock Report on Xylem
Xylem Price Performance
Xylem (NYSE:XYL – Get Free Report) last posted its earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share for the quarter, topping the consensus estimate of $1.34 by $0.12. Xylem had a return on equity of 11.77% and a net margin of 11.15%.The firm had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.34 billion. During the same period in the previous year, the company posted $1.26 earnings per share. The company’s revenue for the quarter was up 1.5% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. On average, research analysts expect that Xylem will post 5.66 EPS for the current year.
Institutional Trading of Xylem
A number of hedge funds and other institutional investors have recently made changes to their positions in XYL. J. Stern & Co. LLP grew its position in Xylem by 12,326.6% in the fourth quarter. J. Stern & Co. LLP now owns 45,448,168 shares of the industrial products company’s stock valued at $6,189,132,000 after purchasing an additional 45,082,435 shares in the last quarter. California State Teachers Retirement System lifted its position in Xylem by 11,093.8% during the 2nd quarter. California State Teachers Retirement System now owns 44,361,731 shares of the industrial products company’s stock worth $5,244,000,000 after buying an additional 43,965,426 shares in the last quarter. BlackRock Inc. bought a new stake in Xylem during the 2nd quarter worth about $2,959,730,000. Geode Capital Management LLC boosted its stake in shares of Xylem by 2.4% during the 4th quarter. Geode Capital Management LLC now owns 6,357,278 shares of the industrial products company’s stock worth $862,364,000 after buying an additional 151,754 shares during the last quarter. Finally, XXEC Inc. bought a new position in shares of Xylem in the 2nd quarter valued at about $850,841,000. 87.96% of the stock is currently owned by institutional investors and hedge funds.
Xylem Company Profile
Xylem Inc (NYSE: XYL) is a global water technology company that develops products, services and solutions for the transportation, treatment, testing and efficient use of water and wastewater. Its customers include municipalities, utilities, industrial businesses, commercial facilities and residential users.
The company’s offerings include water and wastewater pumps, controls, treatment systems, filtration and disinfection equipment, smart metering and network technologies, monitoring tools, data analytics and related maintenance services.
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