Xylem Inc. $XYL Shares Bought by Aviva PLC

Aviva PLC raised its stake in Xylem Inc. (NYSE:XYL) by 58.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 741,313 shares of the industrial products company’s stock after purchasing an additional 273,912 shares during the period. Aviva PLC’s holdings in Xylem were worth $100,952,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the stock. Mosley Wealth Management acquired a new position in Xylem in the fourth quarter valued at $463,000. Xponance LLC boosted its stake in Xylem by 8.2% in the fourth quarter. Xponance LLC now owns 39,253 shares of the industrial products company’s stock valued at $5,345,000 after acquiring an additional 2,988 shares in the last quarter. UniSuper Management Pty Ltd boosted its stake in Xylem by 57.5% in the fourth quarter. UniSuper Management Pty Ltd now owns 195,848 shares of the industrial products company’s stock valued at $26,671,000 after acquiring an additional 71,472 shares in the last quarter. Picton Mahoney Asset Management acquired a new position in shares of Xylem in the 4th quarter valued at $1,224,000. Finally, Meeder Asset Management Inc. increased its holdings in shares of Xylem by 20,975.7% in the 4th quarter. Meeder Asset Management Inc. now owns 7,798 shares of the industrial products company’s stock valued at $1,062,000 after acquiring an additional 7,761 shares during the period. Institutional investors and hedge funds own 87.96% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on XYL shares. JPMorgan Chase & Co. cut their target price on shares of Xylem from $170.00 to $160.00 and set an “overweight” rating on the stock in a report on Thursday, April 16th. Oppenheimer cut their target price on shares of Xylem from $160.00 to $158.00 and set an “outperform” rating on the stock in a report on Wednesday, April 29th. Barclays cut their target price on shares of Xylem from $156.00 to $154.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. Stifel Nicolaus cut their target price on shares of Xylem from $163.00 to $159.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Finally, UBS Group lifted their target price on shares of Xylem from $132.00 to $133.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Seven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $152.77.

Xylem Price Performance

Shares of NYSE XYL opened at $108.97 on Friday. The firm has a market capitalization of $25.90 billion, a P/E ratio of 27.11, a PEG ratio of 1.52 and a beta of 1.04. Xylem Inc. has a one year low of $105.29 and a one year high of $154.27. The company’s fifty day moving average is $116.03 and its two-hundred day moving average is $127.48. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.10 and a current ratio of 1.46.

Xylem (NYSE:XYL) last issued its earnings results on Tuesday, April 28th. The industrial products company reported $1.12 EPS for the quarter, topping the consensus estimate of $1.09 by $0.03. The company had revenue of $2.13 billion for the quarter, compared to analyst estimates of $2.11 billion. Xylem had a net margin of 10.79% and a return on equity of 11.26%. The business’s revenue was up 2.7% on a year-over-year basis. During the same period in the previous year, the firm earned $1.03 EPS. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. Analysts forecast that Xylem Inc. will post 5.51 EPS for the current fiscal year.

Xylem Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, May 28th will be paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Thursday, May 28th. Xylem’s payout ratio is 42.79%.

Xylem declared that its board has initiated a stock repurchase program on Wednesday, February 25th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the industrial products company to reacquire up to 4.8% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling at Xylem

In other news, Director Jerome A. Peribere purchased 1,210 shares of the business’s stock in a transaction dated Monday, May 4th. The stock was acquired at an average price of $116.61 per share, with a total value of $141,098.10. Following the purchase, the director directly owned 27,209 shares of the company’s stock, valued at $3,172,841.49. This represents a 4.65% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Geri-Michelle Mcshane sold 4,269 shares of Xylem stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $117.46, for a total value of $501,436.74. Following the transaction, the chief accounting officer directly owned 3,605 shares of the company’s stock, valued at $423,443.30. This trade represents a 54.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.32% of the company’s stock.

About Xylem

Xylem Inc (NYSE: XYL) is a global water technology company that designs, manufactures and services engineered systems and equipment for the transport, treatment, testing and efficient use of water. Its product portfolio spans pumps and pumping systems, valves, filtration and disinfection equipment, sensors and analytical instruments, and digital solutions for monitoring and control of water infrastructure. Xylem serves the full water cycle with offerings for water and wastewater utilities, industrial customers, commercial and residential buildings, and agricultural applications.

The company was established as an independent publicly traded company in 2011 following a corporate spin-off from ITT Corporation and is headquartered in Rye Brook, New York.