Xylem (NYSE:XYL) Given New $135.00 Price Target at TD Cowen

Xylem (NYSE:XYL) had its price objective upped by research analysts at TD Cowen from $130.00 to $135.00 in a report issued on Friday,Benzinga reports. The brokerage presently has a “hold” rating on the industrial products company’s stock. TD Cowen’s target price suggests a potential downside of 3.01% from the company’s previous close.

Other equities research analysts have also issued reports about the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Xylem in a report on Monday. UBS Group raised their price objective on shares of Xylem from $168.00 to $175.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Stifel Nicolaus boosted their target price on shares of Xylem from $175.00 to $178.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Robert W. Baird set a $178.00 price target on shares of Xylem in a report on Wednesday, October 29th. Finally, Wall Street Zen raised shares of Xylem from a “hold” rating to a “buy” rating in a research note on Saturday, August 9th. Eight analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Xylem has a consensus rating of “Moderate Buy” and an average price target of $167.40.

Xylem Stock Down 1.2%

Shares of NYSE:XYL traded down $1.68 during trading on Friday, reaching $139.20. 398,062 shares of the company traded hands, compared to its average volume of 1,403,830. The firm has a fifty day simple moving average of $145.94 and a 200 day simple moving average of $138.43. The company has a quick ratio of 1.50, a current ratio of 1.96 and a debt-to-equity ratio of 0.17. Xylem has a 1-year low of $100.47 and a 1-year high of $154.27. The firm has a market cap of $33.89 billion, a P/E ratio of 35.78, a price-to-earnings-growth ratio of 2.19 and a beta of 1.18.

Xylem (NYSE:XYL) last announced its quarterly earnings data on Tuesday, October 28th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.14. The business had revenue of $2.27 billion during the quarter, compared to analyst estimates of $2.22 billion. Xylem had a return on equity of 10.77% and a net margin of 10.66%.Xylem’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period last year, the company earned $1.11 earnings per share. Xylem has set its FY 2025 guidance at 5.030-5.080 EPS. Analysts anticipate that Xylem will post 4.65 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Xylem news, Director Victoria D. Harker sold 1,700 shares of the company’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $148.14, for a total transaction of $251,838.00. Following the completion of the sale, the director directly owned 16,875 shares in the company, valued at $2,499,862.50. This represents a 9.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Claudia S. Toussaint sold 10,421 shares of Xylem stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $152.64, for a total value of $1,590,661.44. Following the completion of the transaction, the executive vice president owned 31,250 shares in the company, valued at $4,770,000. The trade was a 25.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.27% of the stock is owned by insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. SJS Investment Consulting Inc. increased its position in Xylem by 1,844.4% during the third quarter. SJS Investment Consulting Inc. now owns 175 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 166 shares during the period. Knuff & Co LLC bought a new stake in Xylem in the 3rd quarter valued at $27,000. Wexford Capital LP acquired a new stake in Xylem in the 3rd quarter worth $27,000. First Horizon Corp bought a new position in shares of Xylem during the 3rd quarter worth about $30,000. Finally, Ramirez Asset Management Inc. raised its position in shares of Xylem by 100.0% during the third quarter. Ramirez Asset Management Inc. now owns 200 shares of the industrial products company’s stock valued at $30,000 after buying an additional 100 shares during the last quarter. 87.96% of the stock is currently owned by institutional investors and hedge funds.

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.