Putney Financial Group LLC Acquires 1,398 Shares of Xylem Inc. $XYL

Putney Financial Group LLC lifted its holdings in Xylem Inc. (NYSE:XYL) by 1,664.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,482 shares of the industrial products company’s stock after buying an additional 1,398 shares during the quarter. Putney Financial Group LLC’s holdings in Xylem were worth $192,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of XYL. AFG Fiduciary Services Limited Partnership bought a new stake in shares of Xylem in the 2nd quarter worth approximately $275,000. IFM Investors Pty Ltd boosted its holdings in Xylem by 11.6% in the second quarter. IFM Investors Pty Ltd now owns 54,073 shares of the industrial products company’s stock worth $6,995,000 after acquiring an additional 5,617 shares in the last quarter. BROOKFIELD Corp ON grew its stake in shares of Xylem by 26.5% in the first quarter. BROOKFIELD Corp ON now owns 16,375 shares of the industrial products company’s stock worth $1,956,000 after acquiring an additional 3,430 shares during the last quarter. Nordea Investment Management AB increased its holdings in shares of Xylem by 10.9% during the second quarter. Nordea Investment Management AB now owns 29,826 shares of the industrial products company’s stock valued at $3,830,000 after acquiring an additional 2,926 shares in the last quarter. Finally, Boston Family Office LLC raised its position in shares of Xylem by 10.6% in the 1st quarter. Boston Family Office LLC now owns 86,887 shares of the industrial products company’s stock worth $10,380,000 after purchasing an additional 8,308 shares during the last quarter. 87.96% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Xylem

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

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on XYL shares. Cowen reiterated a “hold” rating on shares of Xylem in a research note on Tuesday, August 26th. Mizuho set a $160.00 target price on shares of Xylem in a research note on Wednesday. Wall Street Zen raised shares of Xylem from a “hold” rating to a “buy” rating in a research report on Saturday, August 9th. UBS Group boosted their price objective on shares of Xylem from $164.00 to $168.00 and gave the stock a “buy” rating in a report on Tuesday, August 5th. Finally, Stifel Nicolaus increased their target price on Xylem from $175.00 to $178.00 and gave the company a “buy” rating in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $166.20.

Xylem Price Performance

Shares of XYL opened at $151.52 on Friday. The firm has a fifty day simple moving average of $144.59 and a two-hundred day simple moving average of $133.92. The firm has a market cap of $36.89 billion, a PE ratio of 38.95, a P/E/G ratio of 2.50 and a beta of 1.13. The company has a current ratio of 1.96, a quick ratio of 1.43 and a debt-to-equity ratio of 0.17. Xylem Inc. has a 1-year low of $100.47 and a 1-year high of $154.27.

Xylem (NYSE:XYL) last issued its quarterly earnings data on Tuesday, October 28th. The industrial products company reported $1.37 EPS for the quarter, topping the consensus estimate of $1.23 by $0.14. The company had revenue of $2.27 billion during the quarter, compared to analyst estimates of $2.22 billion. Xylem had a return on equity of 10.77% and a net margin of 10.66%.Xylem’s revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.11 earnings per share. Xylem has set its FY 2025 guidance at 5.030-5.080 EPS. On average, equities analysts anticipate that Xylem Inc. will post 4.65 EPS for the current year.

Xylem Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, August 28th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Thursday, August 28th. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. Xylem’s dividend payout ratio is presently 41.13%.

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.