Leonteq Securities AG Makes New Investment in Xylem Inc. $XYL

Leonteq Securities AG purchased a new position in shares of Xylem Inc. (NYSE:XYL) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 6,212 shares of the industrial products company’s stock, valued at approximately $846,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in XYL. Schroder Investment Management Group raised its position in shares of Xylem by 2,055.2% during the 3rd quarter. Schroder Investment Management Group now owns 1,192,682 shares of the industrial products company’s stock worth $171,687,000 after buying an additional 1,137,342 shares in the last quarter. Balyasny Asset Management L.P. raised its position in shares of Xylem by 346.2% during the 3rd quarter. Balyasny Asset Management L.P. now owns 712,950 shares of the industrial products company’s stock worth $105,160,000 after buying an additional 553,152 shares in the last quarter. Adage Capital Partners GP L.L.C. bought a new stake in shares of Xylem during the 2nd quarter worth about $64,407,000. Jennison Associates LLC raised its position in shares of Xylem by 241.6% during the 4th quarter. Jennison Associates LLC now owns 633,648 shares of the industrial products company’s stock worth $86,290,000 after buying an additional 448,148 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of Xylem by 2,309.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 431,824 shares of the industrial products company’s stock worth $54,314,000 after buying an additional 413,904 shares in the last quarter. 87.96% of the stock is currently owned by institutional investors.

Xylem Stock Performance

Shares of XYL opened at $110.41 on Friday. The company’s 50 day moving average price is $118.88 and its 200 day moving average price is $131.16. Xylem Inc. has a 52 week low of $105.29 and a 52 week high of $154.27. The company has a market capitalization of $26.24 billion, a PE ratio of 27.46, a PEG ratio of 1.55 and a beta of 1.08. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.10 and a current ratio of 1.46.

Xylem (NYSE:XYL) last announced its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $1.12 EPS for the quarter, beating analysts’ consensus estimates of $1.09 by $0.03. Xylem had a net margin of 10.79% and a return on equity of 11.26%. The firm had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $2.11 billion. During the same period in the previous year, the firm posted $1.03 earnings per share. The firm’s revenue was up 2.7% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. Research analysts expect that Xylem Inc. will post 5.51 EPS for the current fiscal year.

Xylem Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, May 28th will be given a dividend of $0.43 per share. The ex-dividend date of this dividend is Thursday, May 28th. This represents a $1.72 dividend on an annualized basis and a yield of 1.6%. Xylem’s payout ratio is presently 42.79%.

Xylem announced that its board has approved a stock buyback program on Wednesday, February 25th that allows the company to repurchase $1.50 billion in shares. This repurchase authorization allows the industrial products company to purchase up to 4.8% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of research firms have commented on XYL. Weiss Ratings downgraded shares of Xylem from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 8th. The Goldman Sachs Group set a $158.00 target price on shares of Xylem in a report on Wednesday, February 11th. Stifel Nicolaus dropped their target price on shares of Xylem from $163.00 to $159.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. TD Cowen reiterated a “hold” rating on shares of Xylem in a report on Monday, February 23rd. Finally, JPMorgan Chase & Co. dropped their target price on shares of Xylem from $170.00 to $160.00 and set an “overweight” rating on the stock in a report on Thursday, April 16th. Seven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $152.77.

Insider Buying and Selling

In related news, CAO Geri-Michelle Mcshane sold 4,269 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $117.46, for a total transaction of $501,436.74. Following the transaction, the chief accounting officer directly owned 3,605 shares of the company’s stock, valued at approximately $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 accessible through the SEC website. Also, Director Jerome A. Peribere acquired 1,210 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were bought at an average cost 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 of the company’s stock, valued at $3,172,841.49. This represents a 4.65% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.32% of the company’s stock.

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.