Stock Traders Buy High Volume of Xylem Call Options (NYSE:XYL)

Xylem Inc. (NYSE:XYL) saw some unusual options trading on Friday. Stock investors purchased 3,809 call options on the stock. This is an increase of approximately 250% compared to the typical daily volume of 1,087 call options.

Insider Buying and Selling

In related news, Director Jerome A. Peribere acquired 1,210 shares of Xylem stock in a transaction dated Monday, May 4th. The shares were purchased at an average price of $116.61 per share, for a total transaction 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 Securities & Exchange Commission, which is available through the SEC website. Also, CAO Geri-Michelle Mcshane sold 4,269 shares of the business’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $117.46, for a total transaction of $501,436.74. Following the completion of the transaction, the chief accounting officer directly owned 3,605 shares in the company, valued at $423,443.30. This trade 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.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Orion Porfolio Solutions LLC lifted its holdings in shares of Xylem by 1.0% in the 3rd quarter. Orion Porfolio Solutions LLC now owns 7,802 shares of the industrial products company’s stock worth $1,151,000 after acquiring an additional 74 shares during the last quarter. Quest Investment Management LLC raised its position in Xylem by 1.0% in the 3rd quarter. Quest Investment Management LLC now owns 7,588 shares of the industrial products company’s stock worth $1,119,000 after purchasing an additional 77 shares during the period. Keel Point LLC raised its position in Xylem by 4.6% in the 3rd quarter. Keel Point LLC now owns 1,784 shares of the industrial products company’s stock worth $263,000 after purchasing an additional 79 shares during the period. SWS Partners lifted its stake in Xylem by 1.1% in the fourth quarter. SWS Partners now owns 7,402 shares of the industrial products company’s stock worth $1,008,000 after purchasing an additional 82 shares during the last quarter. Finally, Notis McConarty Edward boosted its position in shares of Xylem by 0.3% during the fourth quarter. Notis McConarty Edward now owns 31,678 shares of the industrial products company’s stock valued at $4,314,000 after buying an additional 86 shares during the period. Institutional investors own 87.96% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on XYL. JPMorgan Chase & Co. dropped their price objective on shares of Xylem from $170.00 to $160.00 and set an “overweight” rating for the company in a report on Thursday, April 16th. Oppenheimer decreased their target price on Xylem from $160.00 to $158.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 29th. Barclays dropped their price target on Xylem from $156.00 to $154.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Royal Bank Of Canada raised their price target on Xylem from $157.00 to $159.00 and gave the company an “outperform” rating in a report on Thursday. Finally, Citigroup decreased their price objective on Xylem from $174.00 to $168.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Eight equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Xylem presently has a consensus rating of “Moderate Buy” and an average price target of $153.31.

Xylem Price Performance

Shares of Xylem stock traded down $1.06 during trading hours on Friday, reaching $124.23. The company’s stock had a trading volume of 1,065,672 shares, compared to its average volume of 1,995,928. The firm has a 50 day moving average price of $113.04 and a 200-day moving average price of $123.48. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.46 and a quick ratio of 1.10. The stock has a market cap of $29.53 billion, a P/E ratio of 30.90, a P/E/G ratio of 1.73 and a beta of 1.03. Xylem has a one year low of $105.29 and a one year high of $154.27.

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

Xylem Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Thursday, May 28th were given a $0.43 dividend. The ex-dividend date was Thursday, May 28th. This represents a $1.72 dividend on an annualized basis and a yield of 1.4%. Xylem’s dividend payout ratio (DPR) is currently 42.79%.

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.