Securian Asset Management Inc. Has $896,000 Stake in Xylem Inc. $XYL

Securian Asset Management Inc. cut its position in Xylem Inc. (NYSE:XYL) by 43.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,580 shares of the industrial products company’s stock after selling 5,090 shares during the quarter. Securian Asset Management Inc.’s holdings in Xylem were worth $896,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. raised its position in Xylem by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 30,054,743 shares of the industrial products company’s stock valued at $4,092,855,000 after purchasing an additional 152,507 shares in the last quarter. State Street Corp raised its holdings in shares of Xylem by 1.2% during the 3rd quarter. State Street Corp now owns 10,953,206 shares of the industrial products company’s stock worth $1,615,598,000 after buying an additional 133,173 shares in the last quarter. Swedbank AB lifted its position in shares of Xylem by 6.0% during the 4th quarter. Swedbank AB now owns 5,507,966 shares of the industrial products company’s stock worth $750,075,000 after buying an additional 310,213 shares during the last quarter. Northern Trust Corp boosted its stake in Xylem by 1.6% in the third quarter. Northern Trust Corp now owns 3,259,233 shares of the industrial products company’s stock valued at $480,737,000 after buying an additional 51,343 shares in the last quarter. Finally, Legal & General Group Plc grew its position in Xylem by 12.2% in the third quarter. Legal & General Group Plc now owns 2,029,272 shares of the industrial products company’s stock valued at $299,318,000 after acquiring an additional 220,246 shares during the last quarter. Institutional investors own 87.96% of the company’s stock.

Analyst Ratings Changes

XYL has been the subject of several research analyst reports. Citigroup lowered their target price on Xylem from $174.00 to $168.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Jefferies Financial Group restated a “hold” rating and issued a $130.00 price target (down from $140.00) on shares of Xylem in a research note on Tuesday, March 31st. Stifel Nicolaus lowered their price objective on shares of Xylem from $163.00 to $159.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. 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 research note on Thursday, April 16th. Finally, William Blair initiated coverage on shares of Xylem in a research report on Monday, January 26th. They issued an “outperform” rating on the stock. Seven research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $152.77.

Xylem Stock Performance

Shares of XYL stock opened at $109.09 on Thursday. The business’s 50-day moving average price is $121.18 and its 200-day moving average price is $133.10. Xylem Inc. has a 12 month low of $108.96 and a 12 month high of $154.27. The firm has a market capitalization of $25.93 billion, a price-to-earnings ratio of 27.14, a PEG ratio of 1.59 and a beta of 1.08. The company has a current ratio of 1.46, a quick ratio of 1.10 and a debt-to-equity ratio of 0.13.

Xylem (NYSE:XYL) last released its quarterly earnings data 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 company had revenue of $2.13 billion during 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 firm’s revenue was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.03 earnings per share. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. Equities research analysts forecast that Xylem Inc. will post 5.51 EPS for the current year.

Xylem announced that its Board of Directors has authorized 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 shares through open market purchases. Shares repurchase plans are typically an indication that the company’s management believes its stock is undervalued.

Insider Activity at Xylem

In related news, CAO Geri-Michelle Mcshane sold 4,269 shares of the business’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 owned 3,605 shares of the company’s stock, valued at $423,443.30. The trade was a 54.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Jerome A. Peribere acquired 1,210 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The stock was bought at an average price of $116.61 per share, with a total value of $141,098.10. Following the completion of the acquisition, the director directly owned 27,209 shares of the company’s stock, valued at $3,172,841.49. This trade represents a 4.65% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 0.32% of the company’s stock.

Xylem 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.