This morning we watched Xylem rise 2.1% to a price of $96.29 per share. The large-cap Fluid Controls company is now trading -19.08% below its average target price of $119.0. Analysts have set target prices ranging from $101.0 to $135.0 per share for Xylem, and have given the stock an average rating of buy.
Xylem's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.1%. The stock's short ratio is 2.67. The company's insiders own 0.29% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 76.7%. In conclusion, we believe there is mixed market sentiment regarding Xylem.
Institutions Invested in Xylem
|2023-06-30||Vanguard Group Inc||12%||27,815,182||$2,678,323,900|
|2023-06-30||State Street Corporation||4%||9,868,835||$950,270,131|
|2023-06-30||Aristotle Capital Management, LLC||4%||9,510,630||$915,778,571|
|2023-06-30||Pictet Asset Management SA||3%||6,997,852||$673,823,175|
|2023-06-30||Geode Capital Management, LLC||2%||5,021,113||$483,482,975|
|2023-06-30||Bank of America Corporation||1%||3,081,631||$296,730,251|