SFE Investment Counsel Acquires Shares of 48,837 Xylem Inc. $XYL

SFE Investment Counsel acquired a new stake in shares of Xylem Inc. (NYSE:XYL) in the second quarter, HoldingsChannel.com reports. The firm acquired 48,837 shares of the industrial products company’s stock, valued at approximately $5,773,000.

Several other institutional investors have also added to or reduced their stakes in XYL. Wexford Capital LP bought a new position in Xylem in the 3rd quarter worth $27,000. Commonwealth Retirement Investments LLC purchased a new stake in Xylem in the fourth quarter worth about $27,000. Entrust Financial LLC purchased a new stake in Xylem in the fourth quarter worth about $45,000. FWL Investment Management LLC bought a new position in shares of Xylem in the second quarter worth about $43,000. Finally, Hilton Head Capital Partners LLC bought a new position in shares of Xylem in the fourth quarter worth about $45,000. 87.96% of the stock is currently owned by institutional investors.

Xylem Trading Down 0.5%

Shares of Xylem stock opened at $119.75 on Friday. The firm has a market cap of $27.96 billion, a price-to-earnings ratio of 28.51, a PEG ratio of 1.66 and a beta of 1.02. The business has a 50-day moving average price of $117.47 and a 200-day moving average price of $120.65. The company has a quick ratio of 1.24, a current ratio of 1.61 and a debt-to-equity ratio of 0.23. Xylem Inc. has a twelve month low of $105.29 and a twelve month high of $154.27.

Xylem (NYSE:XYL) last posted its 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 company had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.34 billion. Xylem had a return on equity of 11.77% and a net margin of 11.15%.The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same period in the previous year, the business earned $1.26 earnings per share. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. Equities research analysts anticipate that Xylem Inc. will post 5.67 EPS for the current fiscal year.

Xylem Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 27th will be paid a $0.43 dividend. The ex-dividend date of this dividend is Thursday, August 27th. This represents a $1.72 dividend on an annualized basis and a yield of 1.4%. Xylem’s payout ratio is presently 40.95%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on XYL. Citigroup reiterated a “buy” rating on shares of Xylem in a research note on Wednesday, July 29th. Jefferies Financial Group upgraded shares of Xylem from a “hold” rating to a “buy” rating and raised their target price for the stock from $130.00 to $140.00 in a research note on Thursday, June 25th. Robert W. Baird lifted their price target on shares of Xylem from $163.00 to $165.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. UBS Group upped their price target on shares of Xylem from $135.00 to $138.00 and gave the stock a “neutral” rating in a research report on Thursday. Finally, Mizuho increased their price objective on shares of Xylem from $124.00 to $130.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. Nine investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $154.23.

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.