Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Sells 132 Shares of Xylem Inc. $XYL

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA reduced its position in Xylem Inc. (NYSE:XYL) by 3.2% in the second quarter, HoldingsChannel.com reports. The firm owned 4,026 shares of the industrial products company’s stock after selling 132 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in Xylem were worth $521,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of XYL. Valley National Advisers Inc. boosted its position in shares of Xylem by 84.9% in the first quarter. Valley National Advisers Inc. now owns 220 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 101 shares during the period. Maseco LLP bought a new position in shares of Xylem in the second quarter worth approximately $31,000. ST Germain D J Co. Inc. boosted its position in shares of Xylem by 950.0% in the second quarter. ST Germain D J Co. Inc. now owns 252 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 228 shares during the period. Headlands Technologies LLC boosted its position in shares of Xylem by 90.6% in the first quarter. Headlands Technologies LLC now owns 305 shares of the industrial products company’s stock worth $36,000 after purchasing an additional 145 shares during the period. Finally, Signature Resources Capital Management LLC bought a new position in shares of Xylem in the second quarter worth approximately $39,000. 87.96% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Mizuho upped their price target on shares of Xylem from $125.00 to $140.00 and gave the stock a “neutral” rating in a research report on Friday, September 12th. Barclays started coverage on shares of Xylem in a research report on Friday, September 19th. They issued an “overweight” rating and a $165.00 price target for the company. TD Cowen upped their target price on shares of Xylem from $125.00 to $130.00 and gave the stock a “hold” rating in a research report on Tuesday, August 26th. Citigroup upped their target price on shares of Xylem from $168.00 to $173.00 and gave the stock a “buy” rating in a research report on Thursday, October 9th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Xylem in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, Xylem presently has an average rating of “Moderate Buy” and an average price target of $154.67.

Xylem Price Performance

Shares of NYSE:XYL opened at $147.82 on Friday. 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 firm has a fifty day moving average price of $143.64 and a 200 day moving average price of $132.24. Xylem Inc. has a fifty-two week low of $100.47 and a fifty-two week high of $151.16. The firm has a market cap of $35.98 billion, a price-to-earnings ratio of 38.40, a P/E/G ratio of 2.49 and a beta of 1.13.

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

Xylem Announces Dividend

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

Insider Transactions at Xylem

In related news, CAO Geri-Michelle Mcshane sold 1,000 shares of the company’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $139.96, for a total transaction of $139,960.00. Following the sale, the chief accounting officer owned 2,957 shares of the company’s stock, valued at $413,861.72. This represents a 25.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.27% of the stock is currently owned by insiders.

About Xylem

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.