MQS Management LLC Makes New $223,000 Investment in Xylem Inc. $XYL

MQS Management LLC bought a new position in shares of Xylem Inc. (NYSE:XYL) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,727 shares of the industrial products company’s stock, valued at approximately $223,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in XYL. AG2R LA Mondiale Gestion D Actifs boosted its position in shares of Xylem by 4.9% in the 2nd quarter. AG2R LA Mondiale Gestion D Actifs now owns 10,871 shares of the industrial products company’s stock worth $1,406,000 after purchasing an additional 509 shares in the last quarter. Focus Partners Advisor Solutions LLC bought a new stake in shares of Xylem in the 2nd quarter worth approximately $351,000. Fielder Capital Group LLC bought a new stake in shares of Xylem in the 2nd quarter worth approximately $204,000. Northstar Asset Management Inc. boosted its position in shares of Xylem by 0.5% in the 2nd quarter. Northstar Asset Management Inc. now owns 79,680 shares of the industrial products company’s stock worth $10,307,000 after purchasing an additional 415 shares in the last quarter. Finally, Washington Trust Advisors Inc. boosted its position in shares of Xylem by 1.7% in the 2nd quarter. Washington Trust Advisors Inc. now owns 64,017 shares of the industrial products company’s stock worth $8,281,000 after purchasing an additional 1,047 shares in the last quarter. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Stifel Nicolaus boosted their price target on Xylem from $162.00 to $175.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. UBS Group boosted their price target on Xylem from $164.00 to $168.00 and gave the stock a “buy” rating in a research report on Tuesday, August 5th. Zacks Research raised Xylem from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 22nd. Wall Street Zen raised Xylem from a “hold” rating to a “buy” rating in a research report on Saturday, August 9th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Xylem in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, Xylem has a consensus rating of “Moderate Buy” and a consensus price target of $154.67.

Xylem Stock Performance

XYL stock opened at $149.47 on Tuesday. The stock has a market capitalization of $36.38 billion, a PE ratio of 38.82, a price-to-earnings-growth ratio of 2.53 and a beta of 1.13. Xylem Inc. has a 12-month low of $100.47 and a 12-month high of $151.16. The company has a current ratio of 1.90, a quick ratio of 1.43 and a debt-to-equity ratio of 0.17. The stock’s 50 day simple moving average is $143.96 and its 200 day simple moving average is $133.19.

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

Xylem Dividend Announcement

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

Insider Buying and Selling at Xylem

In other news, CAO Geri-Michelle Mcshane sold 1,000 shares of the stock in a transaction 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 transaction, the chief accounting officer directly owned 2,957 shares of the company’s stock, valued at $413,861.72. This represents a 25.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.27% of the stock is owned by insiders.

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.