Gamco Investors INC. ET AL Sells 18,802 Shares of Xylem Inc. $XYL

Gamco Investors INC. ET AL lowered its stake in shares of Xylem Inc. (NYSE:XYL) by 5.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 351,452 shares of the industrial products company’s stock after selling 18,802 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Xylem were worth $51,839,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. State of Wyoming boosted its holdings in Xylem by 10.4% in the 3rd quarter. State of Wyoming now owns 756 shares of the industrial products company’s stock valued at $112,000 after purchasing an additional 71 shares during the last quarter. Orion Porfolio Solutions LLC raised its position in shares of Xylem by 1.0% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 7,802 shares of the industrial products company’s stock valued at $1,151,000 after buying an additional 74 shares during the period. Journey Strategic Wealth LLC lifted its holdings in Xylem by 1.5% in the third quarter. Journey Strategic Wealth LLC now owns 5,107 shares of the industrial products company’s stock valued at $753,000 after acquiring an additional 77 shares during the last quarter. Private Trust Co. NA lifted its holdings in Xylem by 22.4% in the third quarter. Private Trust Co. NA now owns 459 shares of the industrial products company’s stock valued at $68,000 after acquiring an additional 84 shares during the last quarter. Finally, Ascent Wealth Partners LLC grew its position in Xylem by 0.6% in the third quarter. Ascent Wealth Partners LLC now owns 14,385 shares of the industrial products company’s stock worth $2,122,000 after acquiring an additional 87 shares during the period. 87.96% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

XYL has been the topic of a number of research analyst reports. Mizuho set a $138.00 target price on Xylem in a research report on Wednesday, February 11th. Citigroup cut their price objective on Xylem from $182.00 to $174.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. The Goldman Sachs Group set a $158.00 target price on shares of Xylem in a research report on Wednesday, February 11th. Stifel Nicolaus dropped their price target on shares of Xylem from $178.00 to $175.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Finally, Oppenheimer set a $165.00 price objective on shares of Xylem in a report on Thursday, February 12th. Nine research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Xylem has an average rating of “Moderate Buy” and an average price target of $158.08.

Xylem Stock Down 2.4%

Shares of NYSE:XYL opened at $123.16 on Friday. The firm has a market capitalization of $29.95 billion, a PE ratio of 31.42, a price-to-earnings-growth ratio of 1.81 and a beta of 1.17. Xylem Inc. has a 1 year low of $100.47 and a 1 year high of $154.27. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.62 and a quick ratio of 1.28. The firm’s 50-day moving average is $135.51 and its two-hundred day moving average is $140.61.

Xylem (NYSE:XYL) last announced its quarterly earnings data on Tuesday, February 10th. The industrial products company reported $1.42 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.42. Xylem had a net margin of 10.59% and a return on equity of 11.11%. The firm’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.18 earnings per share. Xylem has set its FY 2026 guidance at 5.350-5.560 EPS. Analysts predict that Xylem Inc. will post 4.65 EPS for the current year.

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

Xylem Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Tuesday, February 24th will be issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 1.4%. This is a boost from Xylem’s previous quarterly dividend of $0.40. The ex-dividend date is Tuesday, February 24th. Xylem’s dividend payout ratio (DPR) is 43.88%.

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.