Northern Trust Corp and Pinebridge Investments L.P. among other investment companies have reduced their holdings in Xylem Inc. (NYSE:XYL). Despite these sell-offs, the company has seen a solid 79% return for investors over the past five years and a robust 108% over the last five years. Xylem’s intrinsic value is calculated at US$82.62, with its Free Cash Flow per share at $2.66 (TTM As of Mar. 2024). Several new companies have invested in Xylem including NEOS Investment Management and CWA Asset Management Group. Shareholders have seen strong trading volumes following analyst upgrades. Improved earnings and revenue estimates, coupled with the unveiling of a multi-year growth strategy, suggest a solid outlook for the company. However, challenges might be indicated from the decrease of holdings and some speculation about the sustainability of the Return on Equity (ROE). Analysts have given an average recommendation of a ‘Moderate Buy’ for Xylem's stock. Institutional backing is strong at 73% ownership. Q1 and Q4 2024 earnings surpassed expectations with updated guidelines indicating promising growth. There has also been a notable increase in target prices from analysts.
Xylem XYL News Analytics from Tue, 31 Oct 2023 07:00:00 GMT to Sun, 09 Jun 2024 17:57:45 GMT -
Rating 7
- Innovation 3
- Information 9
- Rumor 1
