Reflection Asset Management Makes New Investment in Xylem Inc. $XYL

Reflection Asset Management bought a new position in shares of Xylem Inc. (NYSE:XYL) during the fourth quarter, Holdings Channel.com reports. The firm bought 11,785 shares of the industrial products company’s stock, valued at approximately $1,605,000. Xylem accounts for approximately 1.1% of Reflection Asset Management’s holdings, making the stock its 20th largest holding.

Several other hedge funds have also modified their holdings of XYL. Knuff & Co LLC bought a new position in Xylem in the 3rd quarter worth approximately $27,000. Board of the Pension Protection Fund acquired a new stake in shares of Xylem in the 4th quarter valued at $27,000. Commonwealth Retirement Investments LLC acquired a new stake in shares of Xylem in the 4th quarter valued at $27,000. Wexford Capital LP bought a new stake in shares of Xylem during the third quarter worth $27,000. Finally, Ramirez Asset Management Inc. lifted its stake in shares of Xylem by 100.0% during the third quarter. Ramirez Asset Management Inc. now owns 200 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 100 shares during the period. 87.96% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Xylem news, Director Jerome A. Peribere acquired 1,210 shares of the business’s stock in a transaction dated Monday, May 4th. The stock was bought at an average cost of $116.61 per share, with a total value of $141,098.10. Following the completion of the transaction, the director directly owned 27,209 shares in the company, valued at approximately $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 accessible through this hyperlink. Also, CAO Geri-Michelle Mcshane sold 4,269 shares of the firm’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $117.46, for a total value of $501,436.74. Following the sale, the chief accounting officer directly owned 3,605 shares of the company’s stock, valued at $423,443.30. This represents a 54.22% decrease in their position. The SEC filing for this sale provides additional information. 0.32% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. UBS Group boosted their price objective on Xylem from $132.00 to $133.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Barclays reduced their target price on shares of Xylem from $156.00 to $154.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 29th. Weiss Ratings cut shares of Xylem from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 8th. TD Cowen reissued a “hold” rating on shares of Xylem in a research note on Monday, February 23rd. Finally, Jefferies Financial Group restated a “hold” rating and issued a $130.00 price objective (down from $140.00) on shares of Xylem in a report on Tuesday, March 31st. Seven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, Xylem currently has an average rating of “Moderate Buy” and an average price target of $152.77.

Xylem Stock Performance

Shares of XYL opened at $111.44 on Friday. 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 Inc. has a twelve month low of $105.29 and a twelve month high of $154.27. The firm’s 50 day moving average price is $114.53 and its two-hundred day moving average price is $126.30. The firm has a market cap of $26.49 billion, a P/E ratio of 27.72, a PEG ratio of 1.59 and a beta of 1.04.

Xylem (NYSE:XYL) last released its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $1.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.09 by $0.03. The firm had revenue of $2.12 billion for the quarter, compared to the consensus estimate of $2.11 billion. Xylem had a return on equity of 11.26% and a net margin of 10.79%.The company’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter last year, the business posted $1.03 EPS. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. On average, analysts forecast that Xylem Inc. will post 5.51 EPS for the current fiscal year.

Xylem declared that its board has approved a stock buyback plan on Wednesday, February 25th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the industrial products company to repurchase up to 4.8% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board believes its stock is undervalued.

Xylem Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, May 28th will be issued a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Thursday, May 28th. Xylem’s dividend payout ratio is presently 42.79%.

Xylem Company Profile

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.