National Pension Service Boosts Stock Holdings in Xylem Inc. $XYL

National Pension Service increased its holdings in Xylem Inc. (NYSE:XYLFree Report) by 14.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 409,373 shares of the industrial products company’s stock after purchasing an additional 53,221 shares during the quarter. National Pension Service’s holdings in Xylem were worth $48,392,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in XYL. XXEC Inc. acquired a new position in Xylem in the 2nd quarter worth $850,841,000. J. Stern & Co. LLP lifted its holdings in Xylem by 12,326.6% in the fourth quarter. J. Stern & Co. LLP now owns 45,448,168 shares of the industrial products company’s stock worth $6,189,132,000 after acquiring an additional 45,082,435 shares during the last quarter. California State Teachers Retirement System grew its holdings in shares of Xylem by 11,093.8% during the second quarter. California State Teachers Retirement System now owns 44,361,731 shares of the industrial products company’s stock valued at $5,244,000,000 after purchasing an additional 43,965,426 shares during the last quarter. BlackRock Inc. acquired a new stake in shares of Xylem during the 2nd quarter worth approximately $2,959,730,000. Finally, State Street Corp raised its position in shares of Xylem by 2.6% during the 4th quarter. State Street Corp now owns 11,233,427 shares of the industrial products company’s stock worth $1,529,768,000 after purchasing an additional 280,221 shares during the period. 87.96% of the stock is owned by hedge funds and other institutional investors.

Xylem Trading Up 0.4%

Shares of Xylem stock opened at $106.99 on Friday. The company’s fifty day moving average price is $116.53 and its two-hundred day moving average price is $117.33. The firm has a market capitalization of $24.98 billion, a PE ratio of 25.47, a price-to-earnings-growth ratio of 1.72 and a beta of 1.00. Xylem Inc. has a 52-week low of $105.29 and a 52-week high of $154.27. 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 (NYSE:XYLGet Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $1.46 EPS for the quarter, topping analysts’ consensus estimates of $1.34 by $0.12. The firm had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $2.34 billion. Xylem had a net margin of 11.15% and a return on equity of 11.77%. The company’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.26 earnings per share. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. On average, analysts expect that Xylem Inc. will post 5.66 EPS for the current year.

Xylem Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, August 27th will be issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Thursday, August 27th. Xylem’s dividend payout ratio (DPR) is currently 40.95%.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. UBS Group lifted their price objective on shares of Xylem from $135.00 to $138.00 and gave the company a “neutral” rating in a research report on Thursday, August 13th. Royal Bank Of Canada lifted their target price on Xylem from $159.00 to $164.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Citigroup reaffirmed a “buy” rating on shares of Xylem in a report on Wednesday, July 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Xylem in a research report on Wednesday, August 5th. Finally, Stifel Nicolaus boosted their price objective on Xylem from $157.00 to $160.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Nine investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Xylem has a consensus rating of “Moderate Buy” and an average target price of $155.00.

View Our Latest Report on Xylem

Xylem Company Profile

(Free Report)

Xylem Inc (NYSE: XYL) is a global water technology company that develops products, services and solutions for the transportation, treatment, testing and efficient use of water and wastewater. Its customers include municipalities, utilities, industrial businesses, commercial facilities and residential users.

The company’s offerings include water and wastewater pumps, controls, treatment systems, filtration and disinfection equipment, smart metering and network technologies, monitoring tools, data analytics and related maintenance services.

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Institutional Ownership by Quarter for Xylem (NYSE:XYL)

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