Xylem Inc. $XYL Shares Sold by Forsta AP Fonden

Forsta AP Fonden trimmed its stake in shares of Xylem Inc. (NYSE:XYL) by 18.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 86,700 shares of the industrial products company’s stock after selling 19,700 shares during the quarter. Forsta AP Fonden’s holdings in Xylem were worth $11,216,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Maseco LLP purchased a new stake in shares of Xylem during the second quarter worth approximately $31,000. ST Germain D J Co. Inc. raised its position in 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 worth $33,000 after buying an additional 228 shares during the last quarter. Headlands Technologies LLC lifted its stake in shares of Xylem by 90.6% in the 1st quarter. Headlands Technologies LLC now owns 305 shares of the industrial products company’s stock worth $36,000 after acquiring an additional 145 shares during the period. Signature Resources Capital Management LLC purchased a new stake in shares of Xylem in the second quarter valued at about $39,000. Finally, Zions Bancorporation National Association UT purchased a new stake in shares of Xylem in the first quarter valued at about $40,000. 87.96% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Xylem

In related news, Director Victoria D. Harker sold 1,700 shares of the business’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $148.14, for a total value of $251,838.00. Following the sale, the director directly owned 16,875 shares in the company, valued at $2,499,862.50. The trade was a 9.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Claudia S. Toussaint sold 10,421 shares of the stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $152.64, for a total transaction of $1,590,661.44. Following the completion of the sale, the executive vice president directly owned 31,250 shares in the company, valued at approximately $4,770,000. The trade was a 25.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 13,121 shares of company stock valued at $1,982,459. Insiders own 0.27% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Zacks Research raised shares of Xylem from a “hold” rating to a “strong-buy” rating in a report on Monday, September 22nd. Citigroup boosted their target price on Xylem from $173.00 to $182.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. UBS Group increased their target price on Xylem from $168.00 to $175.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th. Wall Street Zen upgraded Xylem from a “hold” rating to a “buy” rating in a research note on Saturday, August 9th. Finally, Stifel Nicolaus upped their price objective on Xylem from $175.00 to $178.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $166.90.

Xylem Trading Down 1.6%

Shares of Xylem stock opened at $147.48 on Friday. The company has a 50-day moving average of $146.13 and a two-hundred day moving average of $136.60. Xylem Inc. has a 12-month low of $100.47 and a 12-month high of $154.27. The company has a current ratio of 1.96, a quick ratio of 1.43 and a debt-to-equity ratio of 0.17. The stock has a market cap of $35.91 billion, a PE ratio of 37.91, a price-to-earnings-growth ratio of 2.50 and a beta of 1.15.

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

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.