Brokerages Set Xylem Inc. (NYSE:XYL) PT at $149.89

Shares of Xylem Inc. (NYSE:XYL) have been assigned an average rating of “Moderate Buy” from the ten analysts that are covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12 month target price among analysts that have covered the stock in the last year is $149.89.

Several equities analysts have recently weighed in on XYL shares. Wolfe Research reissued a “peer perform” rating on shares of Xylem in a research report on Thursday, December 12th. Stifel Nicolaus lowered their price target on shares of Xylem from $166.00 to $150.00 and set a “buy” rating on the stock in a report on Friday, January 24th. Robert W. Baird raised their price objective on shares of Xylem from $139.00 to $148.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 5th. Finally, Citigroup downgraded Xylem from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 5th.

Xylem Stock Up 0.2 %

Shares of XYL stock opened at $119.74 on Friday. Xylem has a 52-week low of $113.26 and a 52-week high of $146.08. The stock has a market cap of $29.10 billion, a price-to-earnings ratio of 32.72, a PEG ratio of 2.33 and a beta of 1.08. The firm’s 50-day moving average is $125.65 and its 200-day moving average is $125.69. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.33 and a current ratio of 1.76.

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

Xylem Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Tuesday, February 18th were paid a $0.40 dividend. This is a boost from Xylem’s previous quarterly dividend of $0.36. This represents a $1.60 annualized dividend and a dividend yield of 1.34%. The ex-dividend date was Tuesday, February 18th. Xylem’s payout ratio is 43.72%.

Hedge Funds Weigh In On Xylem

Hedge funds have recently added to or reduced their stakes in the stock. Lee Danner & Bass Inc. acquired a new stake in shares of Xylem during the 4th quarter worth $30,000. Rialto Wealth Management LLC bought a new stake in Xylem during the fourth quarter worth about $31,000. Heck Capital Advisors LLC bought a new stake in Xylem during the fourth quarter worth about $36,000. Pathway Financial Advisers LLC grew its stake in Xylem by 122.4% during the fourth quarter. Pathway Financial Advisers LLC now owns 318 shares of the industrial products company’s stock worth $37,000 after buying an additional 175 shares in the last quarter. Finally, SRS Capital Advisors Inc. increased its holdings in Xylem by 69.5% in the 4th quarter. SRS Capital Advisors Inc. now owns 317 shares of the industrial products company’s stock valued at $37,000 after buying an additional 130 shares during the period. Institutional investors own 87.96% of the company’s stock.

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.