Analysts Set Xylem Inc. (NYSE:XYL) Price Target at $158.08

Xylem Inc. (NYSE:XYL) has been assigned an average rating of “Moderate Buy” from the thirteen brokerages that are currently covering the firm, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $158.0833.

A number of brokerages recently issued reports on XYL. William Blair began coverage on shares of Xylem in a report on Monday, January 26th. They issued an “outperform” rating for the company. Royal Bank Of Canada decreased their price target on Xylem from $176.00 to $162.00 and set an “outperform” rating for the company in a research note on Wednesday, February 11th. The Goldman Sachs Group set a $158.00 price objective on Xylem in a report on Wednesday, February 11th. UBS Group restated a “buy” rating and issued a $155.00 target price on shares of Xylem in a report on Friday, February 13th. Finally, Citigroup decreased their target price on Xylem from $182.00 to $174.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th.

Institutional Investors Weigh In On Xylem

Hedge funds have recently bought and sold shares of the company. AQR Capital Management LLC lifted its position in shares of Xylem by 14.4% during the 1st quarter. AQR Capital Management LLC now owns 30,955 shares of the industrial products company’s stock worth $3,645,000 after purchasing an additional 3,900 shares during the last quarter. NewEdge Advisors LLC increased its position in Xylem by 3.3% in the 1st quarter. NewEdge Advisors LLC now owns 4,151 shares of the industrial products company’s stock worth $496,000 after buying an additional 132 shares during the period. Empowered Funds LLC increased its position in Xylem by 56.1% in the 1st quarter. Empowered Funds LLC now owns 8,678 shares of the industrial products company’s stock worth $1,037,000 after buying an additional 3,120 shares during the period. Concurrent Investment Advisors LLC acquired a new position in shares of Xylem during the second quarter worth approximately $225,000. Finally, CWM LLC boosted its position in shares of Xylem by 15.7% in the second quarter. CWM LLC now owns 9,988 shares of the industrial products company’s stock valued at $1,292,000 after acquiring an additional 1,353 shares during the period. 87.96% of the stock is currently owned by institutional investors.

Xylem Trading Down 0.5%

Shares of NYSE XYL opened at $128.59 on Wednesday. The business has a 50 day simple moving average of $137.53 and a 200 day simple moving average of $141.60. Xylem has a 52 week low of $100.47 and a 52 week high of $154.27. The stock has a market cap of $31.31 billion, a price-to-earnings ratio of 32.80, a PEG ratio of 1.84 and a beta of 1.17. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.28 and a current ratio of 1.62.

Xylem (NYSE:XYL) last issued its quarterly earnings data on Tuesday, February 10th. The industrial products company reported $1.42 earnings per share for the quarter, meeting the consensus estimate of $1.42. The firm had revenue of $2.40 billion for the quarter, compared to analyst estimates of $2.37 billion. Xylem had a net margin of 10.59% and a return on equity of 11.11%. The company’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.18 earnings per share. Xylem has set its FY 2026 guidance at 5.350-5.560 EPS. On average, research analysts predict that Xylem will post 4.65 earnings per share for the current fiscal year.

Xylem Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Tuesday, February 24th will be issued a dividend of $0.43 per share. The ex-dividend date of this dividend is Tuesday, February 24th. This represents a $1.72 annualized dividend and a dividend yield of 1.3%. This is an increase from Xylem’s previous quarterly dividend of $0.40. Xylem’s payout ratio is currently 40.82%.

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.