Xylem Inc. (NYSE:XYL) saw unusually-strong trading volume on Monday . Approximately 996,860 shares changed hands during trading, an increase of 14% from the previous session’s volume of 871,838 shares.The stock last traded at $50.34 and had previously closed at $48.45.

Several equities analysts have weighed in on XYL shares. Oppenheimer Holdings Inc. reiterated an “outperform” rating and set a $52.00 price objective (up from $46.00) on shares of Xylem in a research report on Monday, June 20th. Zacks Investment Research cut shares of Xylem from a “buy” rating to a “hold” rating in a research report on Friday, July 15th. Royal Bank Of Canada lifted their price objective on shares of Xylem from $47.00 to $51.00 and gave the stock an “outperform” rating in a research report on Tuesday. Barclays PLC lifted their price objective on shares of Xylem from $39.00 to $45.00 and gave the stock an “equal weight” rating in a research report on Monday, July 18th. Finally, Canaccord Genuity reiterated a “hold” rating and set a $50.00 price objective (up from $45.00) on shares of Xylem in a research report on Tuesday. Nine analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Xylem has an average rating of “Hold” and a consensus price target of $44.23.

The stock has a market cap of $8.98 billion and a PE ratio of 26.76. The company has a 50-day moving average of $46.93 and a 200 day moving average of $42.65.

Xylem (NYSE:XYL) last released its quarterly earnings results on Tuesday, August 2nd. The company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.01. The business had revenue of $932 million for the quarter, compared to the consensus estimate of $927.69 million. During the same period in the prior year, the business posted $0.43 earnings per share. Xylem’s revenue was up 1.3% compared to the same quarter last year. Analysts expect that Xylem Inc. will post $2.04 earnings per share for the current fiscal year.

In related news, Director Steven R. Loranger sold 33,887 shares of the firm’s stock in a transaction dated Thursday, August 11th. The shares were sold at an average price of $48.11, for a total transaction of $1,630,303.57. Following the transaction, the director now directly owns 11,243 shares of the company’s stock, valued at $540,900.73. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Steven R. Loranger sold 32,246 shares of the firm’s stock in a transaction dated Thursday, July 28th. The stock was sold at an average price of $48.01, for a total transaction of $1,548,130.46. Following the transaction, the director now directly owns 38,334 shares in the company, valued at $1,840,415.34. The disclosure for this sale can be found here.

A number of institutional investors have recently added to or reduced their stakes in the stock. Utah Retirement Systems raised its position in Xylem by 0.3% in the fourth quarter. Utah Retirement Systems now owns 32,465 shares of the company’s stock valued at $1,185,000 after buying an additional 100 shares in the last quarter. Aberdeen Asset Management PLC UK raised its position in Xylem by 24.9% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 35,358 shares of the company’s stock valued at $1,259,000 after buying an additional 7,040 shares in the last quarter. Comerica Bank raised its position in Xylem by 1.8% in the fourth quarter. Comerica Bank now owns 43,551 shares of the company’s stock valued at $1,497,000 after buying an additional 774 shares in the last quarter. KBC Group NV raised its position in Xylem by 27.0% in the fourth quarter. KBC Group NV now owns 185,037 shares of the company’s stock valued at $6,754,000 after buying an additional 39,313 shares in the last quarter. Finally, Morgan Stanley raised its position in Xylem by 2.3% in the fourth quarter. Morgan Stanley now owns 340,028 shares of the company’s stock valued at $12,411,000 after buying an additional 7,676 shares in the last quarter.

Xylem Inc is engaged in the design, manufacturing, and application of engineered technologies for the water industry. The Company is an equipment and service provider for water and wastewater applications with a portfolio of products and services addressing the cycle of water, from collection, distribution and use to the return of water to the environment.

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