Xylem’s (XYL) Buy (B) Rating Reiterated at Weiss Ratings

Weiss Ratings reaffirmed their buy (b) rating on shares of Xylem (NYSE:XYL) in a research note published on Wednesday,Weiss Ratings reports.

Other equities research analysts also recently issued research reports about the company. UBS Group raised their price target on Xylem from $164.00 to $168.00 and gave the company a “buy” rating in a research report on Tuesday, August 5th. TD Cowen raised their price target on Xylem from $125.00 to $130.00 and gave the company a “hold” rating in a research report on Tuesday, August 26th. Citigroup restated a “buy” rating and set a $152.00 price target (up previously from $137.00) on shares of Xylem in a research report on Monday, July 14th. Wall Street Zen upgraded Xylem from a “hold” rating to a “buy” rating in a research report on Saturday, August 9th. Finally, Stifel Nicolaus raised their price objective on Xylem from $162.00 to $175.00 and gave the company a “buy” rating in a research note on Friday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $154.67.

Xylem Trading Down 1.7%

NYSE XYL opened at $144.30 on Wednesday. The stock’s 50-day simple moving average is $143.08 and its two-hundred day simple moving average is $130.35. Xylem has a twelve month low of $100.47 and a twelve month high of $151.16. The company has a quick ratio of 1.43, a current ratio of 1.90 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $35.12 billion, a price-to-earnings ratio of 37.48, a PEG ratio of 2.54 and a beta of 1.13.

Xylem (NYSE:XYL) last released its quarterly earnings results on Thursday, July 31st. The industrial products company reported $1.26 earnings per share for the quarter, beating analysts’ consensus estimates of $1.15 by $0.11. Xylem had a return on equity of 10.33% and a net margin of 10.74%.The business had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.20 billion. During the same quarter last year, the business posted $1.09 earnings per share. The company’s revenue for the quarter was up 6.1% on a year-over-year basis. Xylem has set its FY 2025 guidance at 4.700-4.850 EPS. Research analysts forecast that Xylem will post 4.65 EPS for the current fiscal year.

Xylem Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Thursday, August 28th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, August 28th. Xylem’s payout ratio is presently 41.56%.

Insiders Place Their Bets

In other Xylem news, CAO Geri-Michelle Mcshane sold 1,000 shares of Xylem stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $139.96, for a total transaction of $139,960.00. Following the sale, the chief accounting officer directly owned 2,957 shares of the company’s stock, valued at approximately $413,861.72. The trade was a 25.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.27% of the company’s stock.

Institutional Trading of Xylem

Several large investors have recently bought and sold shares of XYL. AFG Fiduciary Services Limited Partnership purchased a new position in shares of Xylem during the second quarter valued at approximately $275,000. IFM Investors Pty Ltd lifted its holdings in shares of Xylem by 11.6% during the second quarter. IFM Investors Pty Ltd now owns 54,073 shares of the industrial products company’s stock valued at $6,995,000 after purchasing an additional 5,617 shares during the last quarter. Dynamic Advisor Solutions LLC purchased a new position in shares of Xylem during the first quarter valued at approximately $694,000. Farther Finance Advisors LLC lifted its holdings in shares of Xylem by 30.4% during the first quarter. Farther Finance Advisors LLC now owns 1,797 shares of the industrial products company’s stock valued at $215,000 after purchasing an additional 419 shares during the last quarter. Finally, BROOKFIELD Corp ON lifted its holdings in shares of Xylem by 26.5% during the first quarter. BROOKFIELD Corp ON now owns 16,375 shares of the industrial products company’s stock valued at $1,956,000 after purchasing an additional 3,430 shares during the last quarter. 87.96% of the stock is owned by institutional investors.

Xylem Company Profile

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.