XXEC Inc. Buys Shares of 164,256 Xylem Inc. $XYL

XXEC Inc. bought a new position in Xylem Inc. (NYSE:XYL) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 164,256 shares of the industrial products company’s stock, valued at approximately $18,262,000. Xylem comprises about 0.0% of XXEC Inc.’s investment portfolio, making the stock its 21st largest position. XXEC Inc. owned about 0.07% of Xylem as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Wexford Capital LP bought a new stake in Xylem during the third quarter valued at approximately $27,000. Commonwealth Retirement Investments LLC bought a new position in Xylem in the fourth quarter worth approximately $27,000. Dunhill Financial LLC purchased a new position in shares of Xylem during the 2nd quarter worth $30,000. Avalon Trust Co bought a new stake in shares of Xylem during the 2nd quarter valued at $35,000. Finally, Entrust Financial LLC bought a new stake in shares of Xylem during the 4th quarter valued at $45,000. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Xylem Trading Down 0.6%

Shares of XYL opened at $112.73 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.61 and a quick ratio of 1.24. Xylem Inc. has a 1 year low of $105.29 and a 1 year high of $154.27. The company has a 50 day simple moving average of $118.20 and a two-hundred day simple moving average of $118.92. The firm has a market cap of $26.32 billion, a P/E ratio of 26.84, a price-to-earnings-growth ratio of 1.67 and a beta of 1.02.

Xylem (NYSE:XYL) last released its earnings results on Tuesday, July 28th. The industrial products company reported $1.46 EPS for the quarter, topping the consensus estimate of $1.34 by $0.12. Xylem had a net margin of 11.15% and a return on equity of 11.77%. The firm had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.34 billion. During the same quarter in the previous year, the firm earned $1.26 earnings per share. The company’s quarterly revenue was up 1.5% compared to the same quarter last year. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. On average, equities analysts expect that Xylem Inc. will post 5.66 earnings per share for the current fiscal year.

Xylem Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 27th will be paid a $0.43 dividend. The ex-dividend date is Thursday, August 27th. This represents a $1.72 annualized dividend and a yield of 1.5%. Xylem’s payout ratio is presently 40.95%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on XYL shares. Mizuho raised their target price on Xylem from $124.00 to $130.00 and gave the stock a “neutral” rating in a report on Wednesday, July 29th. UBS Group boosted their price target on Xylem from $135.00 to $138.00 and gave the company a “neutral” rating in a report on Thursday, August 13th. Citigroup restated a “buy” rating on shares of Xylem in a research report on Wednesday, July 29th. CLSA raised Xylem to a “hold” rating in a research note on Thursday, June 25th. Finally, Barclays lifted their price objective on Xylem from $154.00 to $159.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Nine equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $155.00.

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.