Xylem (NYSE:XYL) Stock Gets Price Target Reduction from Mizuho

Xylem (NYSE:XYL) had its price target trimmed by Mizuho from $130.00 to $110.00 in a report published on Thursday,Benzinga reports. The firm currently has a neutral rating on the industrial products company’s stock.

Several other research analysts also recently commented on the stock. Barclays dropped their target price on shares of Xylem from $159.00 to $139.00 and set an “overweight” rating on the stock in a report on Tuesday. Citigroup cut their target price on shares of Xylem from $172.00 to $148.00 and set a “buy” rating for the company in a research report on Monday, October 12th. Oppenheimer restated an “outperform” rating and set a $150.00 price target (down from $158.00) on shares of Xylem in a report on Wednesday. CLSA raised Xylem to a “hold” rating in a research report on Thursday, June 25th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Xylem in a research note on Wednesday, August 5th. Nine research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $145.54.

Xylem Stock Performance

Shares of NYSE XYL opened at $104.21 on Thursday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.24 and a current ratio of 1.61. The firm has a market cap of $24.33 billion, a price-to-earnings ratio of 24.81, a P/E/G ratio of 1.67 and a beta of 1.00. The business’s 50-day simple moving average is $108.40 and its 200-day simple moving average is $113.90. Xylem has a 52 week low of $98.58 and a 52 week high of $154.27.

Xylem (NYSE:XYL) last posted its earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share for the quarter, topping 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 firm had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.34 billion. During the same period in the previous year, the company earned $1.26 EPS. The company’s revenue for the quarter was up 1.5% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. As a group, equities research analysts expect that Xylem will post 5.66 earnings per share for the current fiscal year.

Xylem Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Thursday, August 27th were issued a dividend of $0.43 per share. The ex-dividend date was Thursday, August 27th. This represents a $1.72 annualized dividend and a dividend yield of 1.7%. Xylem’s payout ratio is presently 40.95%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. XXEC Inc. acquired a new stake in Xylem during the second quarter worth about $850,841,000. BlackRock Inc. bought a new stake in shares of Xylem in the 2nd quarter worth approximately $2,959,730,000. State Street Corp lifted its position in shares of Xylem by 2.4% in the 2nd quarter. State Street Corp now owns 11,444,669 shares of the industrial products company’s stock worth $1,352,874,000 after acquiring an additional 270,972 shares during the period. Swedbank AB grew its holdings in shares of Xylem by 0.3% during the 1st quarter. Swedbank AB now owns 5,526,725 shares of the industrial products company’s stock worth $660,444,000 after purchasing an additional 18,759 shares in the last quarter. Finally, Royal Bank of Canada grew its holdings in shares of Xylem by 1.1% during the 1st quarter. Royal Bank of Canada now owns 4,763,241 shares of the industrial products company’s stock worth $569,207,000 after purchasing an additional 53,210 shares in the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Xylem Company Profile

Xylem Inc (NYSE: XYL) is a global water technology company that develops products, services and solutions for the movement, treatment, testing and efficient use of water. Its offerings serve municipal water and wastewater systems, utilities, industrial customers, commercial buildings and other infrastructure operators.

The company’s portfolio includes water and wastewater pumps, mixing and aeration equipment, treatment systems, measurement and monitoring technologies, smart metering, network-management software, and related services.