Xylem Inc. $XYL Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. boosted its position in shares of Xylem Inc. (NYSE:XYL) by 2.4% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,697,829 shares of the industrial products company’s stock after buying an additional 691,285 shares during the quarter. Vanguard Group Inc. owned 12.20% of Xylem worth $3,841,711,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. AFG Fiduciary Services Limited Partnership purchased a new position in Xylem during the 2nd quarter worth approximately $275,000. IFM Investors Pty Ltd grew its holdings in shares of Xylem by 11.6% during the second quarter. IFM Investors Pty Ltd now owns 54,073 shares of the industrial products company’s stock valued at $6,995,000 after buying an additional 5,617 shares in the last quarter. Impax Asset Management Group plc lifted its stake in Xylem by 13.7% in the 2nd quarter. Impax Asset Management Group plc now owns 5,499,688 shares of the industrial products company’s stock worth $709,183,000 after acquiring an additional 663,191 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in Xylem during the 2nd quarter worth about $20,361,000. Finally, BROOKFIELD Corp ON grew its stake in Xylem by 26.5% during the 1st quarter. BROOKFIELD Corp ON now owns 16,375 shares of the industrial products company’s stock valued at $1,956,000 after acquiring an additional 3,430 shares in the last quarter. 87.96% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

XYL has been the topic of a number of research analyst reports. Zacks Research downgraded shares of Xylem from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. TD Cowen increased their price objective on Xylem from $125.00 to $130.00 and gave the stock a “hold” rating in a report on Tuesday, August 26th. Stifel Nicolaus lifted their price objective on Xylem from $175.00 to $178.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Weiss Ratings reissued a “buy (b-)” rating on shares of Xylem in a research note on Thursday, November 13th. Finally, Robert W. Baird set a $178.00 price objective on Xylem in a report on Wednesday, October 29th. Eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $166.90.

Insider Activity

In related news, CAO Geri-Michelle Mcshane sold 1,000 shares of the stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $139.96, for a total value of $139,960.00. Following the completion of the sale, the chief accounting officer owned 2,957 shares in the company, valued at approximately $413,861.72. This trade represents a 25.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Victoria D. Harker sold 1,700 shares of the company’s stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $148.14, for a total value of $251,838.00. Following the completion of the transaction, the director directly owned 16,875 shares of the company’s stock, valued at approximately $2,499,862.50. This trade represents a 9.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 13,121 shares of company stock valued at $1,982,459. Insiders own 0.27% of the company’s stock.

Xylem Price Performance

NYSE XYL opened at $138.91 on Thursday. Xylem Inc. has a 1 year low of $100.47 and a 1 year high of $154.27. The company has a fifty day simple moving average of $146.26 and a 200 day simple moving average of $137.29. 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 company has a market cap of $33.82 billion, a P/E ratio of 35.71, a P/E/G ratio of 2.50 and a beta of 1.15.

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

Xylem Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Tuesday, November 25th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Tuesday, November 25th. This represents a $1.60 dividend on an annualized basis and a yield of 1.2%. Xylem’s dividend payout ratio is 41.13%.

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.