Royal Bank Of Canada Issues Pessimistic Forecast for Xylem (NYSE:XYL) Stock Price

Xylem (NYSE:XYL) had its price target dropped by analysts at Royal Bank Of Canada from $164.00 to $135.00 in a report issued on Wednesday, Benzinga reports. The brokerage currently has an “outperform” rating on the industrial products company’s stock. Royal Bank Of Canada’s target price would suggest a potential upside of 30.97% from the stock’s previous close.

XYL has been the subject of a number of other reports. Mizuho increased their price target on Xylem from $124.00 to $130.00 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. CLSA upgraded Xylem to a “hold” rating in a report on Thursday, June 25th. Wolfe Research began coverage on Xylem in a research note on Tuesday, September 15th. They issued a “peer perform” rating on the stock. UBS Group decreased their price objective on Xylem from $138.00 to $112.00 and set a “neutral” rating on the stock in a report on Monday, October 5th. Finally, Robert W. Baird boosted their price target 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. Nine investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, Xylem presently has a consensus rating of “Moderate Buy” and an average target price of $147.69.

Xylem Price Performance

XYL stock traded up $0.54 during mid-day trading on Wednesday, hitting $103.08. The company had a trading volume of 94,392 shares, compared to its average volume of 2,059,639. The company has a market capitalization of $24.07 billion, a price-to-earnings ratio of 24.63, a P/E/G ratio of 1.65 and a beta of 1.00. Xylem has a 12-month low of $98.58 and a 12-month high of $154.27. 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 50-day moving average price of $109.46 and a 200 day moving average price of $114.19.

Xylem (NYSE:XYL) last issued its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share for the quarter, beating analysts’ consensus estimates 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 quarter last year, the business posted $1.26 earnings per share. The business’s quarterly revenue was up 1.5% compared to the same quarter last year. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. On average, research analysts anticipate that Xylem will post 5.66 earnings per share for the current year.

Institutional Investors Weigh In On Xylem

Several institutional investors have recently modified their holdings of XYL. Perpetual Ltd grew its holdings in Xylem by 10.2% during the 3rd quarter. Perpetual Ltd now owns 129,946 shares of the industrial products company’s stock valued at $13,160,000 after purchasing an additional 11,993 shares during the last quarter. Rockland Trust Co. raised its position in Xylem by 3.6% in the 3rd quarter. Rockland Trust Co. now owns 3,582 shares of the industrial products company’s stock worth $363,000 after purchasing an additional 124 shares during the period. QRG Capital Management Inc. raised its position in 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. lifted its stake in Xylem by 38.0% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 5,080 shares of the industrial products company’s stock worth $601,000 after purchasing an additional 1,399 shares during the last quarter. Finally, State Street Corp lifted its stake in 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 purchasing an additional 270,972 shares during the last quarter. 87.96% of the stock is owned by institutional investors.

About Xylem

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.