Xylem (NYSE:XYL) Stock Keeps “Outperform” Rating at Oppenheimer

Xylem (NYSE:XYL)‘s stock had its “outperform” rating restated by investment analysts at Oppenheimer in a research report issued on Wednesday, Benzinga reports. They presently have a $150.00 price target on the industrial products company’s stock, down from their previous price target of $158.00. Oppenheimer’s price objective suggests a potential upside of 45.85% from the stock’s current price.

Several other research analysts also recently weighed in on the company. Jefferies Financial Group upped their target price on Xylem from $145.00 to $150.00 and gave the stock a “buy” rating in a research note on Monday, August 24th. Stifel Nicolaus lifted their price target 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. CLSA raised shares of Xylem to a “hold” rating in a research note on Thursday, June 25th. UBS Group cut their price target on shares of Xylem from $138.00 to $112.00 and set a “neutral” rating for the company in a report on Monday, October 5th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Xylem in a research report on Wednesday, August 5th. Nine research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $147.08.

Xylem Price Performance

Shares of Xylem stock traded up $0.30 on Wednesday, hitting $102.84. The company’s stock had a trading volume of 908,144 shares, compared to its average volume of 2,063,387. The company has a market capitalization of $24.01 billion, a price-to-earnings ratio of 24.50, a price-to-earnings-growth ratio of 1.65 and a beta of 1.00. Xylem has a 1 year low of $98.58 and a 1 year high of $154.27. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.24 and a current ratio of 1.61. The firm has a fifty 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 results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, topping 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 company had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.34 billion. During the same quarter in the prior year, the business posted $1.26 earnings per share. 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, sell-side analysts anticipate that Xylem will post 5.66 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Xylem

A number of hedge funds have recently made changes to their positions in XYL. Perpetual Ltd raised its holdings in shares of Xylem by 10.2% during the third quarter. Perpetual Ltd now owns 129,946 shares of the industrial products company’s stock valued at $13,160,000 after acquiring an additional 11,993 shares during the last quarter. Rockland Trust Co. boosted its stake in shares of Xylem by 3.6% in the third quarter. Rockland Trust Co. now owns 3,582 shares of the industrial products company’s stock worth $363,000 after acquiring an additional 124 shares during the last quarter. QRG Capital Management Inc. boosted its stake in shares of Xylem by 1.7% in the second quarter. QRG Capital Management Inc. now owns 56,806 shares of the industrial products company’s stock worth $6,715,000 after acquiring an additional 949 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its position in shares of Xylem by 38.0% during 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 in the last quarter. Finally, State Street Corp increased its position in shares of Xylem by 2.4% during 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 in the last quarter. 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 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.