Xylem Inc. (NYSE:XYL) Declares $0.43 Quarterly Dividend

Xylem Inc. (NYSE:XYL) announced a quarterly dividend on Friday, May 15th. Investors of record on Thursday, May 28th will be given a dividend of 0.43 per share by the industrial products company on Thursday, June 25th. This represents a c) annualized dividend and a yield of 1.6%. The ex-dividend date is Thursday, May 28th.

Xylem has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 2 consecutive years. Xylem has a dividend payout ratio of 33.3% meaning its dividend is sufficiently covered by earnings. Research analysts expect Xylem to earn $6.04 per share next year, which means the company should continue to be able to cover its $1.72 annual dividend with an expected future payout ratio of 28.5%.

Xylem Trading Up 0.1%

XYL stock opened at $110.41 on Tuesday. The company has a current ratio of 1.46, a quick ratio of 1.10 and a debt-to-equity ratio of 0.13. Xylem has a 12-month low of $105.29 and a 12-month high of $154.27. The stock has a market cap of $26.24 billion, a price-to-earnings ratio of 27.46, a PEG ratio of 1.57 and a beta of 1.08. The business’s 50-day moving average is $118.69 and its 200 day moving average is $130.76.

Xylem (NYSE:XYL) last posted its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $1.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.03. Xylem had a return on equity of 11.26% and a net margin of 10.79%.The company had revenue of $2.13 billion for the quarter, compared to analysts’ expectations of $2.11 billion. During the same period in the previous year, the firm posted $1.03 EPS. Xylem’s revenue was up 2.7% compared to the same quarter last year. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. On average, sell-side analysts anticipate that Xylem will post 5.51 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on XYL. Mizuho set a $138.00 target price on Xylem in a report on Wednesday, February 11th. Royal Bank Of Canada lowered their target price on Xylem from $176.00 to $162.00 and set an “outperform” rating on the stock in a report on Wednesday, February 11th. TD Cowen restated a “hold” rating on shares of Xylem in a report on Monday, February 23rd. William Blair began coverage on Xylem in a report on Monday, January 26th. They set an “outperform” rating on the stock. Finally, Jefferies Financial Group restated a “hold” rating and set a $130.00 target price (down from $140.00) on shares of Xylem in a report on Tuesday, March 31st. Seven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $152.77.

Xylem Company Profile

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.