Edmond DE Rothschild Holding S.A. Buys New Shares in Xylem Inc. $XYL

Edmond DE Rothschild Holding S.A. purchased a new position in shares of Xylem Inc. (NYSE:XYL) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 64,307 shares of the industrial products company’s stock, valued at approximately $7,602,000.

Other large investors have also recently added to or reduced their stakes in the company. Tocqueville Asset Management L.P. acquired a new position in shares of Xylem during the 2nd quarter worth about $2,140,000. West Family Investments Inc. bought a new stake in shares of Xylem in the 2nd quarter valued at about $822,000. NewEdge Wealth LLC acquired a new stake in Xylem in the 2nd quarter valued at about $300,000. BOK Financial Private Wealth Inc. bought a new position in Xylem during the second quarter worth about $1,164,000. Finally, Danica Pension Livsforsikringsaktieselskab bought a new position in Xylem during the second quarter worth about $13,359,000. Institutional investors and hedge funds own 87.96% of the company’s stock.

Xylem Price Performance

Shares of NYSE XYL opened at $116.28 on Thursday. The firm has a market cap of $27.15 billion, a P/E ratio of 27.69, a price-to-earnings-growth ratio of 1.58 and a beta of 1.02. The company has a current ratio of 1.61, a quick ratio of 1.24 and a debt-to-equity ratio of 0.23. Xylem Inc. has a 1-year low of $105.29 and a 1-year high of $154.27. The business’s 50 day moving average is $117.87 and its 200-day moving average is $120.03.

Xylem (NYSE:XYL) last released its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share for the quarter, topping the consensus estimate of $1.34 by $0.12. The business had revenue of $2.34 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period last year, the firm posted $1.26 EPS. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. Equities research analysts predict that Xylem Inc. will post 5.67 earnings per share for the current year.

Xylem Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, August 27th will be issued a dividend of $0.43 per share. The ex-dividend date of this dividend is Thursday, August 27th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.5%. Xylem’s dividend payout ratio (DPR) is currently 40.95%.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Jefferies Financial Group upgraded Xylem from a “hold” rating to a “buy” rating and upped their price objective for the company from $130.00 to $140.00 in a research note on Thursday, June 25th. Royal Bank Of Canada lifted their target price on Xylem from $159.00 to $164.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Barclays boosted their target price on Xylem from $154.00 to $159.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Weiss Ratings restated a “hold (c)” rating on shares of Xylem in a research note on Wednesday, August 5th. Finally, CLSA raised Xylem to a “hold” rating in a report on Thursday, June 25th. Nine research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. 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.