Analysts Set Xylem Inc. (NYSE:XYL) Price Target at $166.90

Shares of Xylem Inc. (NYSE:XYL) have been given a consensus recommendation of “Moderate Buy” by the fourteen research firms that are currently covering the company, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $167.40.

A number of equities analysts recently weighed in on XYL shares. Zacks Research downgraded shares of Xylem from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Barclays boosted their price objective on Xylem from $165.00 to $172.00 and gave the company an “overweight” rating in a research note on Wednesday, October 29th. Mizuho set a $160.00 target price on Xylem in a research report on Wednesday, October 29th. TD Cowen lifted their target price on Xylem from $130.00 to $135.00 and gave the stock a “hold” rating in a report on Friday. Finally, Argus set a $170.00 price target on Xylem in a report on Wednesday, October 29th.

Xylem Trading Down 1.3%

NYSE XYL opened at $139.01 on Friday. The firm has a market capitalization of $33.85 billion, a PE ratio of 35.74, a price-to-earnings-growth ratio of 2.16 and a beta of 1.18. The business’s 50-day moving average price is $145.86 and its two-hundred day moving average price is $138.68. The company has a current ratio of 1.96, a quick ratio of 1.50 and a debt-to-equity ratio of 0.17. Xylem has a 12 month low of $100.47 and a 12 month high of $154.27.

Xylem (NYSE:XYL) last posted its quarterly earnings data on Tuesday, October 28th. The industrial products company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.23 by $0.14. The company had revenue of $2.27 billion for 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%.The firm’s quarterly revenue was up 7.8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.11 earnings per share. Xylem has set its FY 2025 guidance at 5.030-5.080 EPS. On average, analysts expect that Xylem will post 4.65 EPS for the current year.

Xylem Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Tuesday, November 25th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Tuesday, November 25th. Xylem’s dividend payout ratio (DPR) is presently 41.13%.

Insider Activity

In other news, EVP Claudia S. Toussaint sold 10,421 shares of the company’s stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $152.64, for a total transaction of $1,590,661.44. Following the transaction, the executive vice president owned 31,250 shares in the company, valued at approximately $4,770,000. This represents a 25.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Victoria D. Harker sold 1,700 shares of the firm’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $148.14, for a total value of $251,838.00. Following the completion of the sale, the director owned 16,875 shares of the company’s stock, valued at approximately $2,499,862.50. This represents a 9.15% 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 currently owned by corporate insiders.

Hedge Funds Weigh In On Xylem

A number of institutional investors have recently modified their holdings of XYL. Avantax Advisory Services Inc. raised its holdings in Xylem by 28.7% during the first quarter. Avantax Advisory Services Inc. now owns 3,049 shares of the industrial products company’s stock worth $364,000 after buying an additional 680 shares during the last quarter. XTX Topco Ltd bought a new stake in shares of Xylem during the first quarter worth about $321,000. Atria Wealth Solutions Inc. bought a new position in Xylem in the 1st quarter valued at about $886,000. Vanguard Group Inc. lifted its position in Xylem by 1.3% in the 1st quarter. Vanguard Group Inc. now owns 29,006,544 shares of the industrial products company’s stock valued at $3,465,122,000 after acquiring an additional 362,127 shares in the last quarter. Finally, Strategy Asset Managers LLC boosted its stake in Xylem by 8.9% during the 1st quarter. Strategy Asset Managers LLC now owns 3,601 shares of the industrial products company’s stock valued at $430,000 after purchasing an additional 293 shares during the last quarter. 87.96% of the stock is owned by institutional investors and hedge funds.

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.