Xylem Inc. (NYSE:XYL – Get Free Report) saw unusually large options trading activity on Thursday. Investors purchased 19,255 call options on the stock. This is an increase of approximately 1,138% compared to the typical daily volume of 1,555 call options.
Wall Street Analyst Weigh In
Several analysts recently commented on XYL shares. Robert W. Baird increased their target price on shares of Xylem from $163.00 to $165.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Xylem in a report on Wednesday, August 5th. CLSA upgraded Xylem to a “hold” rating in a research report on Thursday, June 25th. Stifel Nicolaus raised their price objective on Xylem from $157.00 to $160.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Finally, Citigroup restated a “buy” rating on shares of Xylem in a report on Wednesday, July 29th. Nine investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $155.00.
Read Our Latest Research Report on XYL
Institutional Investors Weigh In On Xylem
Xylem Stock Down 0.7%
Shares of Xylem stock traded down $0.83 during midday trading on Thursday, hitting $112.59. The company’s stock had a trading volume of 951,197 shares, compared to its average volume of 1,971,277. Xylem has a 1-year low of $105.29 and a 1-year high of $154.27. The company has a quick ratio of 1.24, a current ratio of 1.61 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $26.29 billion, a P/E ratio of 26.82, a PEG ratio of 1.66 and a beta of 1.02. The stock has a 50-day simple moving average of $118.18 and a 200-day simple moving average of $119.13.
Xylem (NYSE:XYL – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $1.46 EPS for the quarter, topping analysts’ consensus estimates of $1.34 by $0.12. The firm had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.34 billion. Xylem had a return on equity of 11.77% and a net margin of 11.15%.The business’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same period last year, the company posted $1.26 EPS. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. As a group, sell-side analysts expect that Xylem will post 5.66 earnings per share for the current year.
Xylem Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 27th will be paid a $0.43 dividend. The ex-dividend date is Thursday, August 27th. This represents a $1.72 dividend on an annualized basis and a yield of 1.5%. Xylem’s payout ratio is 40.95%.
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.
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