The stock of Xylem Inc (NYSE:XYL) is a huge mover today! About 73,512 shares traded hands. Xylem Inc (NYSE:XYL) has risen 29.15% since March 11, 2016 and is uptrending. It has outperformed by 23.70% the S&P500.
The move comes after 8 months positive chart setup for the $8.88 billion company. It was reported on Oct, 14 by Barchart.com. We have $76.47 PT which if reached, will make NYSE:XYL worth $4.71B more.
Analysts await Xylem Inc (NYSE:XYL) to report earnings on November, 1 before the open. They expect $0.53 earnings per share, up 8.16% or $0.04 from last year’s $0.49 per share. XYL’s profit will be $94.17 million for 23.58 P/E if the $0.53 EPS becomes a reality. After $0.48 actual earnings per share reported by Xylem Inc for the previous quarter, Wall Street now forecasts 10.42% EPS growth.
Xylem Inc (NYSE:XYL) Ratings Coverage
Out of 12 analysts covering Xylem (NYSE:XYL), 6 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 50% are positive. Xylem has been the topic of 22 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The rating was maintained by Barclays Capital on Monday, July 18 with “Equalweight”. Stifel Nicolaus upgraded the stock to “Buy” rating in Thursday, September 3 report. The firm earned “Neutral” rating on Friday, February 19 by Janney Capital. The firm earned “Outperform” rating on Thursday, September 3 by Cowen & Co. The company was maintained on Tuesday, August 16 by Canaccord Genuity. The rating was maintained by Barclays Capital on Monday, November 2 with “Equal Weight”. The rating was downgraded by Wedbush to “Neutral” on Monday, April 11. The firm has “Outperform” rating by Oppenheimer given on Monday, September 28. The firm has “Outperform” rating given on Wednesday, January 6 by RBC Capital Markets. Atlantic Securities upgraded the shares of XYL in a report on Monday, August 22 to “Overweight” rating.
According to Zacks Investment Research, “Xylem Inc. provides water technology solutions, water and wastewater treatment solutions and industrial pumps and related technologies. The company provides products for transportation, treatment, and testing applications to public utilities and industrial facilities. It offers a range of pumps, and valves, heat exchangers, waste systems, and membrane filtration products. Xylem Inc. is headquartered in White Plains, N.Y.”
Insitutional Activity: The institutional sentiment decreased to 1.08 in 2016 Q2. Its down 0.45, from 1.53 in 2016Q1. The ratio is negative, as 29 funds sold all Xylem Inc shares owned while 166 reduced positions. 57 funds bought stakes while 153 increased positions. They now own 147.36 million shares or 2.42% less from 151.02 million shares in 2016Q1.
Parnassus Invs Ca reported 8.71 million shares or 2.37% of all its holdings. Amica Mutual Insur last reported 0.07% of its portfolio in the stock. Dimensional Fund Limited Partnership last reported 1.01M shares in the company. Company Commercial Bank owns 10,382 shares or 0.01% of their US portfolio. Patten Group holds 33,966 shares or 0% of its portfolio. Daiwa Securities Group Incorporated holds 0.01% or 23,100 shares in its portfolio. Employees Retirement Sys Of Texas owns 146,000 shares or 0.09% of their US portfolio. The Massachusetts-based Boston Common Asset Management Limited Liability Corp has invested 0.04% in Xylem Inc (NYSE:XYL). Piedmont Investment Ltd Liability last reported 0% of its portfolio in the stock. Commonwealth Equity Svcs holds 0.02% or 57,922 shares in its portfolio. Retirement System Of Alabama has invested 0.07% of its portfolio in Xylem Inc (NYSE:XYL). City Hldg holds 150 shares or 0% of its portfolio. Fiera Cap has 742,989 shares for 0.19% of their US portfolio. Seven Eight Ltd accumulated 20 shares or 0% of the stock. Guggenheim Capital Limited Liability accumulated 0.13% or 915,395 shares.
Insider Transactions: Since May 27, 2016, the stock had 0 insider buys, and 6 selling transactions for $9.46 million net activity. $1.40M worth of Xylem Inc (NYSE:XYL) was sold by Sabol Colin R on Wednesday, September 7. 32,246 shares were sold by LORANGER STEVEN R, worth $1.55 million on Thursday, July 28. Brannemo Tomas had sold 8,524 shares worth $426,746.
More news for Xylem Inc (NYSE:XYL) were recently published by: Businesswire.com, which released: “Xylem Inc. declares Q4 dividend of 15.49 cents per share” on October 13, 2016. Businesswire.com‘s article titled: “Xylem Inc. announces closing of offering of $900 million of senior notes” and published on October 11, 2016 is yet another important article.
XYL Company Profile
Xylem Inc., incorporated on March 4, 2011, is engaged in the design, manufacturing, and application of engineered technologies for the water industry. The Firm is an equipment and service well-known provider for water and wastewater applications with a portfolio of services and products addressing the cycle of water, from collection, distribution and use to the return of water to the environment. The Firm has two business divisions, which include Water Infrastructure (collection, distribution, return) and Applied Water (usage). The Company’s application in the areas of water equipment industry includes transport, treatment, test, building services, industrial processing and irrigation. The Company’s water market brands include Bell & Gossett, and Flygt. The Firm sells its products in over 150 countries through a distribution network consisting of direct sales force and independent channel partners.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.