Xylem (NYSE:XYL) Reaches New 52-Week Low – What’s Next?

Xylem Inc. (NYSE:XYL) reached a new 52-week low on Wednesday. The stock traded as low as $100.17 and last traded at $101.0590, with a volume of 2210122 shares trading hands. The stock had previously closed at $100.91.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Robert W. Baird increased their target price on shares of Xylem from $163.00 to $165.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Wolfe Research assumed coverage on shares of Xylem in a research report on Tuesday, September 15th. They set a “peer perform” rating on the stock. Royal Bank Of Canada boosted their price objective on shares of Xylem from $159.00 to $164.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Mizuho increased their price objective on shares of Xylem from $124.00 to $130.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 29th. Finally, Stifel Nicolaus raised their target price on shares of Xylem from $157.00 to $160.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Nine equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $155.00.

Xylem Trading Down 0.3%

The firm has a market cap of $23.57 billion, a price-to-earnings ratio of 24.04, a price-to-earnings-growth ratio of 1.63 and a beta of 1.00. 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 business has a 50 day moving average price of $112.30 and a 200-day moving average price of $115.21.

Xylem (NYSE:XYL) last released its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $1.46 EPS 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 for the quarter, compared to analyst estimates of $2.34 billion. During the same period in the previous year, the company posted $1.26 EPS. Xylem’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, research analysts expect that Xylem Inc. will post 5.66 EPS for the current fiscal year.

Xylem Announces Dividend

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

Institutional Investors Weigh In On Xylem

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. XXEC Inc. purchased a new position in Xylem in the 2nd quarter valued at about $850,841,000. J. Stern & Co. LLP increased its position in shares of Xylem by 12,326.6% during the fourth quarter. J. Stern & Co. LLP now owns 45,448,168 shares of the industrial products company’s stock worth $6,189,132,000 after acquiring an additional 45,082,435 shares during the last quarter. BlackRock Inc. acquired a new position in shares of Xylem in the second quarter worth about $2,959,730,000. State Street Corp lifted its stake in shares of Xylem by 2.4% in the second 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 in the last quarter. Finally, Swedbank AB boosted its holdings in Xylem by 0.3% in the first quarter. Swedbank AB now owns 5,526,725 shares of the industrial products company’s stock valued at $660,444,000 after purchasing an additional 18,759 shares during the last quarter. Hedge funds and other institutional investors 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.