Xylem Inc. (NYSE:XYL) Receives $152.77 Consensus Price Target from Analysts

Shares of Xylem Inc. (NYSE:XYL) have received a consensus rating of “Moderate Buy” from the fourteen brokerages that are currently covering the firm, MarketBeat Ratings reports. Seven investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $152.7692.

Several research analysts have recently weighed in on the company. Jefferies Financial Group restated a “hold” rating and set a $130.00 target price (down from $140.00) on shares of Xylem in a report on Tuesday, March 31st. Oppenheimer cut their target price on Xylem from $160.00 to $158.00 and set an “outperform” rating for the company in a research note on Wednesday, April 29th. TD Cowen reiterated a “hold” rating on shares of Xylem in a research note on Monday, February 23rd. Weiss Ratings downgraded shares of Xylem from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday. Finally, William Blair began coverage on shares of Xylem in a research note on Monday, January 26th. They issued an “outperform” rating for the company.

Xylem Stock Up 0.0%

NYSE XYL opened at $113.76 on Monday. The business has a fifty day moving average price of $122.63 and a 200 day moving average price of $134.10. Xylem has a one year low of $113.45 and a one year high of $154.27. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.10 and a current ratio of 1.46. The company has a market cap of $27.04 billion, a P/E ratio of 28.30, a P/E/G ratio of 1.62 and a beta of 1.08.

Xylem (NYSE:XYL) last issued its earnings results on Tuesday, April 28th. The industrial products company reported $1.12 EPS for the quarter, beating analysts’ consensus estimates of $1.09 by $0.03. The business had revenue of $2.13 billion during the quarter, compared to analysts’ expectations of $2.11 billion. Xylem had a net margin of 10.79% and a return on equity of 11.26%. The company’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the business earned $1.03 earnings per share. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. Research analysts anticipate that Xylem will post 5.51 EPS for the current fiscal year.

Xylem Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Tuesday, February 24th were given a $0.43 dividend. This is a positive change from Xylem’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.5%. Xylem’s payout ratio is 42.79%.

Xylem declared that its board has approved a share buyback plan on Wednesday, February 25th that authorizes the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization authorizes the industrial products company to purchase up to 4.8% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board of directors believes its stock is undervalued.

Insiders Place Their Bets

In related news, Director Jerome A. Peribere bought 1,210 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The shares were purchased at an average cost of $116.61 per share, with a total value of $141,098.10. Following the transaction, the director directly owned 27,209 shares of the company’s stock, valued at approximately $3,172,841.49. This represents a 4.65% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Geri-Michelle Mcshane sold 4,269 shares of the stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $117.46, for a total transaction of $501,436.74. Following the completion of the transaction, the chief accounting officer directly owned 3,605 shares in the company, valued at $423,443.30. This trade represents a 54.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.32% of the company’s stock.

Hedge Funds Weigh In On Xylem

Large investors have recently made changes to their positions in the stock. SJS Investment Consulting Inc. grew its holdings in Xylem by 1,844.4% during the 3rd quarter. SJS Investment Consulting Inc. now owns 175 shares of the industrial products company’s stock valued at $26,000 after buying an additional 166 shares during the last quarter. Knuff & Co LLC purchased a new stake in shares of Xylem during the third quarter worth about $27,000. Board of the Pension Protection Fund purchased a new stake in shares of Xylem during the fourth quarter worth about $27,000. Commonwealth Retirement Investments LLC purchased a new stake in shares of Xylem during the fourth quarter worth about $27,000. Finally, Wexford Capital LP purchased a new stake in shares of Xylem during the third quarter worth about $27,000. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Xylem Company Profile

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.