Coldstream Capital Management Inc. Purchases 2,396 Shares of Xylem Inc. $XYL

Coldstream Capital Management Inc. lifted its position in shares of Xylem Inc. (NYSE:XYL) by 73.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,655 shares of the industrial products company’s stock after purchasing an additional 2,396 shares during the period. Coldstream Capital Management Inc.’s holdings in Xylem were worth $732,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Maseco LLP bought a new position in shares of Xylem during the 2nd quarter worth approximately $31,000. ST Germain D J Co. Inc. increased its position in shares of Xylem by 950.0% during the second quarter. ST Germain D J Co. Inc. now owns 252 shares of the industrial products company’s stock valued at $33,000 after acquiring an additional 228 shares during the last quarter. Headlands Technologies LLC lifted its holdings in Xylem by 90.6% during the first 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 position in Xylem in the second quarter worth $39,000. Finally, Zions Bancorporation National Association UT bought a new position in Xylem in the 1st quarter valued at $40,000. 87.96% of the stock is owned by institutional investors.

Xylem Stock Performance

NYSE XYL opened at $141.25 on Thursday. The firm has a market cap of $34.39 billion, a P/E ratio of 36.31, a price-to-earnings-growth ratio of 2.50 and a beta of 1.15. The company has a quick ratio of 1.43, a current ratio of 1.96 and a debt-to-equity ratio of 0.17. The company’s 50 day moving average is $146.18 and its 200-day moving average is $137.94. Xylem Inc. has a 12-month low of $100.47 and a 12-month high of $154.27.

Xylem (NYSE:XYL) last released its quarterly earnings data on Tuesday, October 28th. The industrial products company reported $1.37 earnings per share for the quarter, beating analysts’ consensus estimates of $1.23 by $0.14. Xylem had a net margin of 10.66% and a return on equity of 10.77%. The business had revenue of $2.27 billion during the quarter, compared to analyst estimates of $2.22 billion. During the same period in the previous year, the business earned $1.11 EPS. Xylem’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. Sell-side analysts predict that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Tuesday, November 25th will be paid a $0.40 dividend. The ex-dividend date is Tuesday, November 25th. This represents a $1.60 annualized dividend and a yield of 1.1%. Xylem’s dividend payout ratio (DPR) is currently 41.13%.

Insider Activity

In other news, CAO Geri-Michelle Mcshane sold 1,000 shares of the firm’s 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 completion of the transaction, the chief accounting officer directly 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Victoria D. Harker sold 1,700 shares of the business’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $148.14, for a total transaction of $251,838.00. Following the transaction, the director owned 16,875 shares of the company’s stock, valued at $2,499,862.50. This trade represents a 9.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 13,121 shares of company stock worth $1,982,459. 0.27% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have recently commented on XYL shares. Stifel Nicolaus lifted their target price on Xylem from $175.00 to $178.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Wall Street Zen raised shares of Xylem from a “hold” rating to a “buy” rating in a research report on Saturday, August 9th. Argus set a $170.00 target price on shares of Xylem in a research report on Wednesday, October 29th. Robert W. Baird set a $178.00 price target on shares of Xylem in a research note on Wednesday, October 29th. Finally, TD Cowen upped their price objective on Xylem from $125.00 to $130.00 and gave the company a “hold” rating in a research note on Tuesday, August 26th. Eight analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $166.90.

About Xylem

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.