Xylem Inc. (NYSE:XYL) Receives $152.77 Average Target Price from Analysts

Shares of Xylem Inc. (NYSE:XYL) have been given an average rating of “Moderate Buy” by the fourteen research firms that are currently covering the stock, MarketBeat Ratings reports. Seven investment analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $152.7692.

Several research analysts recently commented on XYL shares. Citigroup lowered their target price on Xylem from $174.00 to $168.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Mizuho set a $138.00 target price on Xylem in a research note on Wednesday, February 11th. Weiss Ratings cut Xylem from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 6th. William Blair started coverage on Xylem in a research note on Monday, January 26th. They set an “outperform” rating for the company. Finally, Barclays lowered their price objective on Xylem from $156.00 to $154.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th.

Insider Activity

In other news, CAO Geri-Michelle Mcshane sold 4,269 shares of the company’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $117.46, for a total transaction of $501,436.74. Following the completion of the transaction, the chief accounting officer directly owned 3,605 shares of the company’s stock, valued at approximately $423,443.30. This represents a 54.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Jerome A. Peribere acquired 1,210 shares of the stock in a transaction dated Monday, May 4th. The shares were acquired at an average cost of $116.61 per share, with a total value of $141,098.10. Following the completion of the transaction, the director owned 27,209 shares in the company, valued at approximately $3,172,841.49. This represents a 4.65% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 0.32% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. SJS Investment Consulting Inc. lifted its holdings in shares of Xylem by 1,844.4% in the 3rd quarter. SJS Investment Consulting Inc. now owns 175 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 166 shares during the last quarter. Knuff & Co LLC purchased a new stake in shares of Xylem in the 3rd quarter valued at about $27,000. Wexford Capital LP purchased a new stake in shares of Xylem in the 3rd quarter valued at about $27,000. Commonwealth Retirement Investments LLC purchased a new stake in shares of Xylem in the 4th quarter valued at about $27,000. Finally, First Horizon Corp purchased a new stake in shares of Xylem in the 3rd quarter valued at about $30,000. 87.96% of the stock is owned by institutional investors and hedge funds.

Xylem Trading Down 1.6%

XYL opened at $113.76 on Monday. Xylem has a 12 month low of $113.45 and a 12 month high of $154.27. The stock has a market capitalization of $27.04 billion, a price-to-earnings ratio of 28.30, a PEG ratio of 1.65 and a beta of 1.08. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.46 and a quick ratio of 1.10. The business has a fifty day moving average price of $122.63 and a 200 day moving average price of $134.10.

Xylem (NYSE:XYL) last released its earnings results on Tuesday, April 28th. The industrial products company reported $1.12 EPS for the quarter, topping the consensus estimate of $1.09 by $0.03. Xylem had a return on equity of 11.26% and a net margin of 10.79%.The firm had revenue of $2.13 billion during the quarter, compared to analysts’ expectations of $2.11 billion. During the same period in the previous year, the firm posted $1.03 EPS. Xylem’s revenue for the quarter was up 2.7% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. Sell-side analysts expect that Xylem will post 5.51 earnings per share for the current fiscal year.

Xylem Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Tuesday, February 24th were given a dividend of $0.43 per share. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a $1.72 annualized dividend and a dividend yield of 1.5%. This is an increase from Xylem’s previous quarterly dividend of $0.40. Xylem’s payout ratio is currently 42.79%.

Xylem declared that its board has initiated a stock buyback program on Wednesday, February 25th that allows the company to buyback $1.50 billion in shares. This buyback authorization allows the industrial products company to purchase up to 4.8% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s board believes its stock is undervalued.

About Xylem

Xylem Inc (NYSE: XYL) is a global water technology company that designs, manufactures and services engineered systems and equipment for the transport, treatment, testing and efficient use of water. Its product portfolio spans pumps and pumping systems, valves, filtration and disinfection equipment, sensors and analytical instruments, and digital solutions for monitoring and control of water infrastructure. Xylem serves the full water cycle with offerings for water and wastewater utilities, industrial customers, commercial and residential buildings, and agricultural applications.

The company was established as an independent publicly traded company in 2011 following a corporate spin-off from ITT Corporation and is headquartered in Rye Brook, New York.