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

Xylem Inc. (NYSE:XYL) has been assigned a consensus recommendation of “Moderate Buy” from the thirteen brokerages that are presently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 12-month price target among brokerages that have covered the stock in the last year is $158.0833.

XYL has been the topic of several research reports. Mizuho set a $138.00 target price on Xylem in a research note on Wednesday, February 11th. Citigroup cut their price target on shares of Xylem from $182.00 to $174.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th. Argus set a $170.00 price objective on shares of Xylem in a research note on Wednesday, October 29th. Stifel Nicolaus dropped their price objective on shares of Xylem from $178.00 to $175.00 and set a “buy” rating for the company in a report on Wednesday, February 11th. Finally, William Blair assumed coverage on shares of Xylem in a report on Monday, January 26th. They set an “outperform” rating on the stock.

Xylem Price Performance

Xylem stock opened at $128.10 on Wednesday. The company’s 50 day simple moving average is $137.12 and its 200-day simple moving average is $141.38. 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 has a 1 year low of $100.47 and a 1 year high of $154.27. The company has a market capitalization of $31.19 billion, a price-to-earnings ratio of 32.68, a price-to-earnings-growth ratio of 1.82 and a beta of 1.17.

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

Xylem Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Tuesday, February 24th will be issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 1.3%. This is a boost from Xylem’s previous quarterly dividend of $0.40. The ex-dividend date is Tuesday, February 24th. Xylem’s dividend payout ratio (DPR) is 40.82%.

Institutional Investors Weigh In On Xylem

A number of hedge funds have recently bought and sold shares of XYL. SJS Investment Consulting Inc. grew its position in shares of Xylem by 1,844.4% during the third quarter. SJS Investment Consulting Inc. now owns 175 shares of the industrial products company’s stock worth $26,000 after buying an additional 166 shares in the last quarter. Knuff & Co LLC purchased a new position in Xylem in the third quarter worth approximately $27,000. Board of the Pension Protection Fund acquired a new position in Xylem during the 4th quarter worth approximately $27,000. Commonwealth Retirement Investments LLC purchased a new stake in shares of Xylem in the 4th quarter valued at approximately $27,000. Finally, Wexford Capital LP acquired a new stake in shares of Xylem in the 3rd quarter valued at $27,000. Institutional investors and hedge funds own 87.96% of the company’s stock.

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.