News stories about Xylem (NYSE:XYL) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Xylem earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave media stories about the industrial products company an impact score of 46.6138284949782 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Here are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:

Shares of Xylem (XYL) traded down 0.16% during midday trading on Friday, reaching $61.97. 572,370 shares of the company were exchanged. The company has a market capitalization of $11.13 billion, a PE ratio of 40.01 and a beta of 1.18. The firm’s 50 day moving average is $59.03 and its 200-day moving average is $53.21. Xylem has a 52-week low of $45.60 and a 52-week high of $62.41.

Xylem (NYSE:XYL) last issued its quarterly earnings results on Tuesday, August 1st. The industrial products company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.57 by $0.02. Xylem had a net margin of 6.58% and a return on equity of 17.26%. The firm had revenue of $1.16 billion for the quarter, compared to analysts’ expectations of $1.17 billion. During the same period in the previous year, the business earned $0.48 earnings per share. Xylem’s revenue for the quarter was up 24.9% compared to the same quarter last year. On average, equities analysts forecast that Xylem will post $2.37 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 20th. Shareholders of record on Thursday, August 31st will be given a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.16%. The ex-dividend date of this dividend is Tuesday, August 29th. Xylem’s dividend payout ratio (DPR) is presently 46.45%.

XYL has been the subject of a number of analyst reports. CIBC restated a “buy” rating on shares of Xylem in a research report on Wednesday, May 10th. BMO Capital Markets upped their price objective on shares of Xylem from $60.00 to $65.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 2nd. Canaccord Genuity restated a “hold” rating and set a $50.00 price objective on shares of Xylem in a research report on Friday, July 28th. Royal Bank Of Canada upped their price target on shares of Xylem from $58.00 to $64.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 2nd. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $52.00 price target on shares of Xylem in a research note on Friday, May 26th. Five research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $59.42.

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In other Xylem news, Director Steven R. Loranger sold 66,132 shares of the business’s stock in a transaction dated Thursday, June 29th. The shares were sold at an average price of $55.01, for a total value of $3,637,921.32. Following the sale, the director now directly owns 65,030 shares in the company, valued at $3,577,300.30. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Kenneth Napolitano sold 9,052 shares of Xylem stock in a transaction dated Wednesday, August 9th. The stock was sold at an average price of $60.16, for a total value of $544,568.32. Following the completion of the transaction, the insider now directly owns 35,303 shares in the company, valued at approximately $2,123,828.48. The disclosure for this sale can be found here. 0.75% of the stock is currently owned by insiders.

Xylem Company Profile

Xylem Inc is a water technology company. The Company designs, manufactures and services engineered solutions across a range of critical applications. It is an equipment and service provider for water and wastewater applications with a portfolio of products and services addressing the cycle of water, from collection, distribution and use to the return of water to the environment.

Insider Buying and Selling by Quarter for Xylem (NYSE:XYL)

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