Xylem (NYSE:XYL) Hits New 1-Year Low – Should You Sell?

Xylem Inc. (NYSE:XYL) hit a new 52-week low during mid-day trading on Thursday. The stock traded as low as $105.21 and last traded at $106.0310, with a volume of 1061693 shares. The stock had previously closed at $108.64.

Analysts Set New Price Targets

XYL has been the subject of a number of recent analyst reports. Stifel Nicolaus boosted their price objective on shares of Xylem from $157.00 to $160.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Wolfe Research initiated coverage on Xylem in a research note on Tuesday, September 15th. They set a “peer perform” rating on the stock. Barclays lifted their target price on Xylem from $154.00 to $159.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Citigroup restated a “buy” rating on shares of Xylem in a research note on Wednesday, July 29th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Xylem in a report on Wednesday, August 5th. Nine analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, Xylem presently has a consensus rating of “Moderate Buy” and an average price target of $155.00.

Xylem Stock Down 0.0%

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 company has a market cap of $23.96 billion, a PE ratio of 24.44, a PEG ratio of 1.65 and a beta of 1.00. The company’s fifty day moving average is $113.64 and its 200-day moving average is $115.83.

Xylem (NYSE:XYL) last released 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. The firm had revenue of $2.34 billion for the quarter, compared to analysts’ expectations of $2.34 billion. Xylem had a return on equity of 11.77% and a net margin of 11.15%.The company’s revenue was up 1.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.26 EPS. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. On average, analysts predict that Xylem Inc. will post 5.66 EPS for the current year.

Xylem Dividend Announcement

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

Institutional Investors Weigh In On Xylem

A number of large investors have recently made changes to their positions in the company. QRG Capital Management Inc. lifted its stake in shares of Xylem by 1.7% in the 2nd quarter. QRG Capital Management Inc. now owns 56,806 shares of the industrial products company’s stock worth $6,715,000 after purchasing an additional 949 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in Xylem by 38.0% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 5,080 shares of the industrial products company’s stock valued at $601,000 after buying an additional 1,399 shares during the period. State Street Corp grew its position in Xylem by 2.4% during the second quarter. State Street Corp now owns 11,444,669 shares of the industrial products company’s stock valued at $1,352,874,000 after buying an additional 270,972 shares during the period. Tidal Investments LLC increased its holdings in Xylem by 20.8% during the second 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 during the last quarter. Finally, National Pension Service raised its position 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 during the period. 87.96% of the stock is currently owned by institutional investors.

About Xylem

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.