Catalyst Capital Advisors LLC Boosts Holdings in Xylem Inc. $XYL

Catalyst Capital Advisors LLC raised its stake in Xylem Inc. (NYSE:XYL) by 72.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 907 shares of the industrial products company’s stock after buying an additional 380 shares during the period. Catalyst Capital Advisors LLC’s holdings in Xylem were worth $117,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in XYL. Valley National Advisers Inc. increased its holdings in shares of Xylem by 84.9% in the 1st quarter. Valley National Advisers Inc. now owns 220 shares of the industrial products company’s stock worth $26,000 after buying an additional 101 shares during the last quarter. Maseco LLP bought a new position in shares of Xylem during the 2nd quarter valued at $31,000. ST Germain D J Co. Inc. grew its holdings in shares of Xylem by 950.0% during the 2nd quarter. ST Germain D J Co. Inc. now owns 252 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 228 shares during the last quarter. Headlands Technologies LLC grew its holdings in shares of Xylem by 90.6% during the 1st quarter. Headlands Technologies LLC now owns 305 shares of the industrial products company’s stock valued at $36,000 after purchasing an additional 145 shares during the last quarter. Finally, Signature Resources Capital Management LLC bought a new position in shares of Xylem during the 2nd quarter valued at $39,000. Institutional investors own 87.96% of the company’s stock.

Insider Transactions at Xylem

In related news, CAO Geri-Michelle Mcshane sold 1,000 shares of Xylem stock in a transaction dated Friday, September 5th. The shares were 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 $413,861.72. This trade represents a 25.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.27% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Cowen reaffirmed a “hold” rating on shares of Xylem in a report on Tuesday, August 26th. Barclays assumed coverage on shares of Xylem in a report on Friday, September 19th. They set an “overweight” rating and a $165.00 target price on the stock. Stifel Nicolaus increased their target price on shares of Xylem from $162.00 to $175.00 and gave the company a “buy” rating in a report on Friday, August 1st. Wall Street Zen raised shares of Xylem from a “hold” rating to a “buy” rating in a report on Saturday, August 9th. Finally, UBS Group increased their target price on shares of Xylem from $164.00 to $168.00 and gave the company a “buy” rating in a report on Tuesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, Xylem presently has an average rating of “Moderate Buy” and a consensus price target of $154.67.

Xylem Trading Up 0.4%

Shares of NYSE XYL opened at $148.31 on Friday. Xylem Inc. has a 1 year low of $100.47 and a 1 year high of $151.16. The stock has a market cap of $36.10 billion, a P/E ratio of 38.52, a price-to-earnings-growth ratio of 2.53 and a beta of 1.13. The firm has a 50-day moving average of $143.79 and a 200 day moving average of $132.76. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.90 and a quick ratio of 1.43.

Xylem (NYSE:XYL) last issued 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. Xylem had a net margin of 10.74% and a return on equity of 10.33%. The company had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.20 billion. During the same period last year, the company posted $1.09 EPS. Xylem’s revenue 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, sell-side analysts expect that Xylem Inc. will post 4.65 EPS for the current fiscal year.

Xylem Dividend Announcement

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

Xylem Company 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.