Xylem Inc. (NYSE:XYL) Receives $152.10 Average Target Price from Analysts

Shares of Xylem Inc. (NYSE:XYL - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the eleven brokerages that are covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $152.10.

XYL has been the topic of a number of research analyst reports. Citigroup dropped their price target on Xylem from $148.00 to $147.00 and set a "buy" rating on the stock in a research report on Monday. TD Cowen cut their price target on shares of Xylem from $138.00 to $125.00 and set a "hold" rating on the stock in a research note on Wednesday, November 6th. Stifel Nicolaus lowered their price objective on shares of Xylem from $172.00 to $166.00 and set a "buy" rating for the company in a research report on Wednesday, December 11th. Royal Bank of Canada cut their price objective on shares of Xylem from $163.00 to $162.00 and set an "outperform" rating on the stock in a research report on Friday, November 1st. Finally, Robert W. Baird reduced their target price on shares of Xylem from $175.00 to $154.00 and set an "outperform" rating for the company in a research note on Friday, November 1st.

Hedge Funds Weigh In On Xylem

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Private Advisor Group LLC increased its stake in shares of Xylem by 1.6% during the 2nd quarter. Private Advisor Group LLC now owns 8,789 shares of the industrial products company's stock worth $1,192,000 after purchasing an additional 141 shares during the last quarter. Acadian Asset Management LLC bought a new stake in Xylem in the second quarter valued at approximately $1,148,000. LPL Financial LLC lifted its position in shares of Xylem by 246.6% in the second quarter. LPL Financial LLC now owns 324,504 shares of the industrial products company's stock valued at $44,012,000 after buying an additional 230,878 shares during the last quarter. Meeder Advisory Services Inc. bought a new position in shares of Xylem during the 2nd quarter worth approximately $204,000. Finally, Envestnet Asset Management Inc. increased its holdings in shares of Xylem by 3.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 366,038 shares of the industrial products company's stock worth $49,646,000 after acquiring an additional 13,671 shares during the last quarter. 87.96% of the stock is owned by institutional investors.

Xylem Trading Down 0.1 %

NYSE:XYL traded down $0.16 during mid-day trading on Tuesday, hitting $115.48. The company had a trading volume of 2,137,024 shares, compared to its average volume of 1,266,416. The firm has a market cap of $28.06 billion, a P/E ratio of 33.77, a P/E/G ratio of 2.22 and a beta of 1.06. Xylem has a fifty-two week low of $109.39 and a fifty-two week high of $146.08. The business's fifty day moving average is $121.55 and its two-hundred day moving average is $129.20. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.42 and a current ratio of 1.96.

Xylem (NYSE:XYL - Get Free Report) last issued its quarterly earnings data on Thursday, October 31st. The industrial products company reported $1.11 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $1.11. The firm had revenue of $2.10 billion during the quarter, compared to analysts' expectations of $2.17 billion. Xylem had a net margin of 9.85% and a return on equity of 9.61%. The business's revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.99 earnings per share. As a group, research analysts expect that Xylem will post 4.23 earnings per share for the current year.

Xylem Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Tuesday, November 26th were paid a $0.36 dividend. The ex-dividend date was Tuesday, November 26th. This represents a $1.44 dividend on an annualized basis and a yield of 1.25%. Xylem's dividend payout ratio is 42.11%.

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.