Xylem Inc. (NYSE:XYL) Receives $147.33 Average Price Target from Analysts

Shares of Xylem Inc. (NYSE:XYL - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the ten brokerages that are currently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $147.33.

A number of brokerages have recently issued reports on XYL. Robert W. Baird boosted their price target on shares of Xylem from $139.00 to $148.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 5th. Citigroup reduced their price target on shares of Xylem from $152.00 to $134.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Finally, Stifel Nicolaus cut their price target on Xylem from $150.00 to $140.00 and set a "buy" rating for the company in a research note on Wednesday, April 16th.

Institutional Investors Weigh In On Xylem

Institutional investors have recently bought and sold shares of the stock. Impax Asset Management Group plc increased its holdings in shares of Xylem by 231.5% during the 4th quarter. Impax Asset Management Group plc now owns 5,561,661 shares of the industrial products company's stock worth $644,039,000 after buying an additional 3,883,845 shares during the last quarter. Norges Bank purchased a new stake in Xylem during the fourth quarter valued at about $302,734,000. Northern Trust Corp increased its stake in Xylem by 42.0% during the fourth quarter. Northern Trust Corp now owns 3,268,433 shares of the industrial products company's stock worth $379,204,000 after acquiring an additional 966,399 shares during the last quarter. AMF Tjanstepension AB purchased a new position in shares of Xylem in the 4th quarter worth about $96,658,000. Finally, Vaughan Nelson Investment Management L.P. acquired a new position in shares of Xylem in the 1st quarter valued at about $89,828,000. 87.96% of the stock is currently owned by hedge funds and other institutional investors.

Xylem Stock Performance

NYSE XYL traded up $0.62 during trading on Thursday, reaching $116.23. The company's stock had a trading volume of 1,923,112 shares, compared to its average volume of 1,404,520. The business's fifty day moving average price is $118.90 and its 200-day moving average price is $122.43. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.33 and a current ratio of 1.76. The firm has a market cap of $28.28 billion, a price-to-earnings ratio of 31.76, a P/E/G ratio of 2.33 and a beta of 1.08. Xylem has a twelve month low of $100.47 and a twelve month high of $146.08.

Xylem (NYSE:XYL - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The industrial products company reported $1.18 EPS for the quarter, topping 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 business had revenue of $2.30 billion during the quarter, compared to analysts' expectations of $2.18 billion. During the same quarter in the prior year, the business earned $0.99 earnings per share. The company's quarterly revenue was up 8.6% compared to the same quarter last year. As a group, analysts anticipate that Xylem will post 4.65 EPS for the current fiscal year.

Xylem Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Tuesday, February 18th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.38%. This is an increase from Xylem's previous quarterly dividend of $0.36. Xylem's dividend payout ratio is currently 43.72%.

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.