Xylem Inc. (NYSE:XYL) Receives $149.89 Consensus Target Price from Analysts

Shares of Xylem Inc. (NYSE:XYL - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the ten brokerages that are currently covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $149.89.

Several equities research analysts have recently commented on the stock. Robert W. Baird lifted their price target 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. Wolfe Research reaffirmed a "peer perform" rating on shares of Xylem in a report on Thursday, December 12th. Stifel Nicolaus cut their price target on Xylem from $166.00 to $150.00 and set a "buy" rating on the stock in a research note on Friday, January 24th. Finally, Citigroup cut Xylem from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 5th.

Xylem Price Performance

Shares of Xylem stock traded down $1.34 during mid-day trading on Friday, reaching $118.54. 172,483 shares of the stock were exchanged, compared to its average volume of 1,464,074. Xylem has a fifty-two week low of $113.26 and a fifty-two week high of $146.08. The company has a market cap of $28.81 billion, a price-to-earnings ratio of 32.38, a price-to-earnings-growth ratio of 2.33 and a beta of 1.08. The firm has a 50-day simple moving average of $125.65 and a 200 day simple moving average of $125.69. The company has a current ratio of 1.76, a quick ratio of 1.33 and a debt-to-equity ratio of 0.19.

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Xylem (NYSE:XYL - Get Free Report) last announced its earnings results on Tuesday, February 4th. The industrial products company reported $1.18 earnings per share for the quarter, topping analysts' consensus estimates of $1.12 by $0.06. The company had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.18 billion. Xylem had a net margin of 10.40% and a return on equity of 9.96%. The company's revenue was up 8.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.99 earnings per share. On average, sell-side analysts predict that Xylem will post 4.65 EPS for the current fiscal year.

Xylem Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Tuesday, February 18th were issued a dividend of $0.40 per share. The ex-dividend date was Tuesday, February 18th. This is a positive change from Xylem's previous quarterly dividend of $0.36. This represents a $1.60 annualized dividend and a yield of 1.35%. Xylem's payout ratio is currently 43.72%.

Institutional Investors Weigh In On Xylem

Several large investors have recently modified their holdings of the business. Lee Danner & Bass Inc. acquired a new position in shares of Xylem in the 4th quarter valued at approximately $30,000. Rialto Wealth Management LLC bought a new position in Xylem in the fourth quarter valued at approximately $31,000. Heck Capital Advisors LLC acquired a new position in shares of Xylem in the fourth quarter valued at approximately $36,000. SRS Capital Advisors Inc. increased its position in shares of Xylem by 69.5% during the fourth quarter. SRS Capital Advisors Inc. now owns 317 shares of the industrial products company's stock worth $37,000 after acquiring an additional 130 shares in the last quarter. Finally, Pathway Financial Advisers LLC raised its holdings in shares of 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 acquiring an additional 175 shares during the period. 87.96% of the stock is currently owned by institutional investors.

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.