Burney Co. Has $913,000 Holdings in Xylem Inc. $XYL

Burney Co. reduced its stake in shares of Xylem Inc. (NYSE:XYL) by 79.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,640 shares of the industrial products company’s stock after selling 29,606 shares during the quarter. Burney Co.’s holdings in Xylem were worth $913,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of XYL. Knuff & Co LLC bought a new stake in Xylem in the third quarter valued at approximately $27,000. Board of the Pension Protection Fund bought a new position in shares of Xylem during the fourth quarter worth $27,000. Commonwealth Retirement Investments LLC acquired a new position in shares of Xylem in the 4th quarter valued at $27,000. Wexford Capital LP bought a new stake in shares of Xylem in the 3rd quarter valued at $27,000. Finally, FWL Investment Management LLC bought a new stake in shares of Xylem in the 2nd quarter valued at $43,000. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

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

Xylem Stock Performance

Shares of Xylem stock opened at $118.91 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.46 and a quick ratio of 1.10. The firm has a market cap of $28.26 billion, a price-to-earnings ratio of 29.58, a price-to-earnings-growth ratio of 1.69 and a beta of 1.03. The stock’s 50-day moving average is $112.52 and its 200-day moving average is $124.07. Xylem Inc. has a one year low of $105.29 and a one year high of $154.27.

Xylem (NYSE:XYL) last posted its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $1.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.03. Xylem had a return on equity of 11.26% and a net margin of 10.79%.The business had revenue of $2.12 billion during the quarter, compared to the consensus estimate of $2.11 billion. During the same period last year, the company earned $1.03 earnings per share. Xylem’s quarterly revenue was up 2.7% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. Equities analysts predict that Xylem Inc. will post 5.51 earnings per share for the current fiscal year.

Xylem Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Thursday, May 28th were paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Thursday, May 28th. Xylem’s dividend payout ratio (DPR) is currently 42.79%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on XYL shares. Jefferies Financial Group upgraded Xylem from a “hold” rating to a “buy” rating and lifted their target price for the stock from $130.00 to $140.00 in a report on Thursday, June 25th. CLSA upgraded Xylem to a “hold” rating in a report on Thursday, June 25th. Weiss Ratings lowered Xylem from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 8th. UBS Group boosted their price objective on Xylem from $132.00 to $133.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Finally, Barclays lowered their target price on Xylem from $156.00 to $154.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Eight analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, Xylem currently has a consensus rating of “Moderate Buy” and a consensus price target of $153.54.

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.