Xylem (NYSE:XYL) Research Coverage Started at Wolfe Research

Wolfe Research initiated coverage on shares of Xylem (NYSE:XYL) in a report published on Tuesday, MarketBeat reports. The firm issued a peer perform rating on the industrial products company’s stock.

Several other research firms have also issued reports on XYL. Jefferies Financial Group raised their price target on shares of Xylem from $145.00 to $150.00 and gave the stock a “buy” rating in a report on Monday, August 24th. UBS Group upped their price objective on shares of Xylem from $135.00 to $138.00 and gave the company a “neutral” rating in a research note on Thursday, August 13th. Citigroup reiterated a “buy” rating on shares of Xylem in a research report on Wednesday, July 29th. Stifel Nicolaus lifted their target price on shares of Xylem from $157.00 to $160.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Finally, Royal Bank Of Canada boosted their target price on shares of Xylem from $159.00 to $164.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Nine analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, Xylem currently has a consensus rating of “Moderate Buy” and an average target price of $155.00.

Xylem Stock Performance

NYSE XYL opened at $107.61 on Tuesday. The company has a market capitalization of $25.12 billion, a price-to-earnings ratio of 25.62, a PEG ratio of 1.72 and a beta of 1.00. Xylem has a twelve month low of $105.29 and a twelve month high of $154.27. The stock has a fifty day simple moving average of $115.57 and a 200 day simple moving average of $116.63. The company has a quick ratio of 1.24, a current ratio of 1.61 and a debt-to-equity ratio of 0.23.

Xylem (NYSE:XYL) last issued its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share for the quarter, beating the consensus estimate of $1.34 by $0.12. Xylem had a return on equity of 11.77% and a net margin of 11.15%.The company had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $2.34 billion. During the same quarter in the prior year, the firm posted $1.26 earnings per share. The business’s quarterly revenue was up 1.5% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. Sell-side analysts expect that Xylem will post 5.66 EPS for the current year.

Xylem Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, August 27th will be given a dividend of $0.43 per share. The ex-dividend date of this dividend is Thursday, August 27th. This represents a $1.72 annualized dividend and a dividend yield of 1.6%. Xylem’s dividend payout ratio (DPR) is 40.95%.

Institutional Investors Weigh In On Xylem

A number of large investors have recently bought and sold shares of the stock. Tidal Investments LLC increased its position in Xylem by 20.8% in the 2nd quarter. Tidal Investments LLC now owns 65,594 shares of the industrial products company’s stock valued at $7,754,000 after buying an additional 11,305 shares in the last quarter. National Pension Service boosted its holdings in Xylem by 14.9% in the second quarter. National Pension Service now owns 409,373 shares of the industrial products company’s stock worth $48,392,000 after acquiring an additional 53,221 shares in the last quarter. Integrated Wealth Concepts LLC grew its stake in Xylem by 28.3% in the second quarter. Integrated Wealth Concepts LLC now owns 6,320 shares of the industrial products company’s stock valued at $747,000 after acquiring an additional 1,395 shares during the period. NewEdge Advisors LLC grew its stake in Xylem by 31.9% in the second quarter. NewEdge Advisors LLC now owns 46,059 shares of the industrial products company’s stock valued at $5,445,000 after acquiring an additional 11,136 shares during the period. Finally, Baird Financial Group Inc. increased its holdings in shares of Xylem by 2.2% during the second quarter. Baird Financial Group Inc. now owns 329,900 shares of the industrial products company’s stock valued at $38,998,000 after acquiring an additional 7,015 shares in the last quarter. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Xylem Company Profile

Xylem Inc (NYSE: XYL) is a global water technology company that develops products, services and solutions for the transportation, treatment, testing and efficient use of water and wastewater. Its customers include municipalities, utilities, industrial businesses, commercial facilities and residential users.

The company’s offerings include water and wastewater pumps, controls, treatment systems, filtration and disinfection equipment, smart metering and network technologies, monitoring tools, data analytics and related maintenance services.