Xylem Inc. $XYL Shares Purchased by Strengthening Families & Communities LLC

Strengthening Families & Communities LLC lifted its stake in Xylem Inc. (NYSE:XYL) by 1.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 20,516 shares of the industrial products company’s stock after purchasing an additional 341 shares during the quarter. Xylem comprises about 1.5% of Strengthening Families & Communities LLC’s holdings, making the stock its 21st largest holding. Strengthening Families & Communities LLC’s holdings in Xylem were worth $2,647,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Valley National Advisers Inc. increased its stake in Xylem by 84.9% during the first quarter. Valley National Advisers Inc. now owns 220 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 101 shares during the last quarter. Maseco LLP acquired a new stake in Xylem during the second quarter worth $31,000. ST Germain D J Co. Inc. increased its stake in Xylem by 950.0% during the second quarter. ST Germain D J Co. Inc. now owns 252 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 228 shares during the last quarter. Center for Financial Planning Inc. increased its stake in Xylem by 52.0% during the first quarter. Center for Financial Planning Inc. now owns 266 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 91 shares during the last quarter. Finally, Signature Resources Capital Management LLC acquired a new stake in Xylem during the second quarter worth $39,000. Institutional investors and hedge funds own 87.96% of the company’s stock.

Xylem Trading Down 1.7%

XYL opened at $144.30 on Friday. Xylem Inc. has a one year low of $100.47 and a one year high of $151.16. The company has a market cap of $35.12 billion, a P/E ratio of 37.48, a PEG ratio of 2.54 and a beta of 1.13. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.43 and a current ratio of 1.90. The business’s 50-day simple moving average is $143.08 and its 200-day simple moving average is $130.35.

Xylem (NYSE:XYL) last released its quarterly earnings data on Thursday, July 31st. The industrial products company reported $1.26 EPS for the quarter, beating analysts’ consensus estimates of $1.15 by $0.11. Xylem had a return on equity of 10.33% and a net margin of 10.74%.The business had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.20 billion. During the same quarter in the prior year, the business posted $1.09 EPS. The business’s revenue for the quarter was up 6.1% on a year-over-year basis. Xylem has set its FY 2025 guidance at 4.700-4.850 EPS. As a group, equities research analysts expect that Xylem Inc. will post 4.65 EPS for the current fiscal year.

Xylem Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, August 28th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, August 28th. Xylem’s dividend payout ratio is 41.56%.

Analysts Set New Price Targets

XYL has been the subject of a number of research reports. Cowen reaffirmed a “hold” rating on shares of Xylem in a research note on Tuesday, August 26th. Stifel Nicolaus lifted their price objective on Xylem from $162.00 to $175.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Mizuho lifted their price objective on Xylem from $125.00 to $140.00 and gave the company a “neutral” rating in a research note on Friday, September 12th. Wall Street Zen raised Xylem from a “hold” rating to a “buy” rating in a research note on Saturday, August 9th. Finally, Zacks Research raised Xylem from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 22nd. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat, Xylem has a consensus rating of “Moderate Buy” and a consensus target price of $154.67.

Insider Activity

In other news, CAO Geri-Michelle Mcshane sold 1,000 shares of the stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $139.96, for a total transaction of $139,960.00. Following the completion of the transaction, the chief accounting officer directly owned 2,957 shares of the company’s stock, valued at approximately $413,861.72. This represents a 25.27% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.27% of the company’s stock.

Xylem Profile

Xylem Inc, together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions worldwide. It operates through four segments: Water Infrastructure, Applied Water, Measurement & Control Solutions, and Integrated Solutions and Services. The Water Infrastructure segment offers products, including water, storm water, and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment and rental services under the ADI, Flygt, Godwin, Sanitaire, Magneto, Neptune Benson, Ionpure, Leopold, Wedeco, and Xylem Vue brands.