These stories reveal that
Xylem Inc. (XYL) has been a consistent performer in the
Heavy Equipment and Industrial Machinery Sector, with robust revenue growth and solid earnings. Various news reports and analysis indicate
second quarter results have generally beaten expectations. Some stake adjustments happened, like
Comerica Bank's sale of 745 shares and
Advisors Asset Management Inc.'s reduced stake, while others like
Price T Rowe Associates Inc. and Plato Investment Management Ltd have boosted their positions. Analysts at
Robert W. Baird and Stifel Nicolaus have incrementally increased price targets for the company. The company also garnered attention for its
Global Student Innovation Challenge 2024 aimed at water conservation. The company's
full-year guidance for 2024 was also raised. Xylem's strength in the end-market has been noted, despite some risks, and other positive highlights include surpassing first-quarter earnings expectations, retaining an average rating of “Moderate Buy” by analysts, and the declaration of a second-quarter dividend of 36 cents per share.
Xylem XYL News Analytics from Tue, 26 Dec 2023 08:00:00 GMT to Sun, 04 Aug 2024 16:19:55 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 3
