Nwam LLC raised its position in Xylem Inc. (NYSE:XYL – Free Report) by 62.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,728 shares of the industrial products company’s stock after buying an additional 6,415 shares during the quarter. Nwam LLC’s holdings in Xylem were worth $1,977,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of XYL. Callahan Advisors LLC acquired a new stake in Xylem during the fourth quarter worth approximately $1,721,000. Northwestern Mutual Wealth Management Co. raised its holdings in Xylem by 2,309.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 431,824 shares of the industrial products company’s stock valued at $54,314,000 after acquiring an additional 413,904 shares in the last quarter. Abacus Wealth Partners LLC bought a new stake in shares of Xylem during the 4th quarter valued at $1,663,000. Norges Bank acquired a new stake in shares of Xylem during the 4th quarter worth $361,012,000. Finally, MUFG Securities EMEA plc grew its holdings in shares of Xylem by 608.1% during the 4th quarter. MUFG Securities EMEA plc now owns 32,990 shares of the industrial products company’s stock worth $4,493,000 after purchasing an additional 28,331 shares in the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.
Analyst Upgrades and Downgrades
XYL has been the subject of a number of analyst reports. Jefferies Financial Group boosted their price target on Xylem from $145.00 to $150.00 and gave the company a “buy” rating in a research note on Monday, August 24th. UBS Group increased their price objective on shares of Xylem from $135.00 to $138.00 and gave the stock a “neutral” rating in a research note on Thursday, August 13th. Citigroup reissued a “buy” rating on shares of Xylem in a report on Wednesday, July 29th. Royal Bank Of Canada boosted their target price on shares of Xylem from $159.00 to $164.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Finally, Barclays upped their price target on shares of Xylem from $154.00 to $159.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Nine analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Xylem presently has an average rating of “Moderate Buy” and a consensus target price of $155.00.
Xylem Price Performance
Xylem stock opened at $106.64 on Wednesday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.24 and a current ratio of 1.61. Xylem Inc. has a 52 week low of $105.29 and a 52 week high of $154.27. The stock has a market capitalization of $24.90 billion, a P/E ratio of 25.39, a price-to-earnings-growth ratio of 1.77 and a beta of 1.00. The stock has a fifty day moving average of $118.10 and a 200-day moving average of $118.44.
Xylem (NYSE:XYL – Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share for the quarter, beating the consensus estimate of $1.34 by $0.12. Xylem had a return on equity of 11.77% and a net margin of 11.15%.The business had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.34 billion. During the same period last year, the firm posted $1.26 earnings per share. Xylem’s revenue was up 1.5% compared to the same quarter last year. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. On average, sell-side analysts expect that Xylem Inc. will post 5.66 earnings per share for the current fiscal year.
Xylem Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, August 27th will be paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Thursday, August 27th. Xylem’s dividend payout ratio (DPR) is presently 40.95%.
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.
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