Nisa Investment Advisors LLC Has $7.49 Million Stake in Xylem Inc. $XYL

Nisa Investment Advisors LLC reduced its stake in shares of Xylem Inc. (NYSE:XYL) by 16.7% in the third quarter, HoldingsChannel.com reports. The firm owned 50,787 shares of the industrial products company’s stock after selling 10,146 shares during the period. Nisa Investment Advisors LLC’s holdings in Xylem were worth $7,491,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. AQR Capital Management LLC raised its holdings in shares of Xylem by 14.4% in the first quarter. AQR Capital Management LLC now owns 30,955 shares of the industrial products company’s stock valued at $3,645,000 after purchasing an additional 3,900 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of Xylem by 3.3% in the first quarter. NewEdge Advisors LLC now owns 4,151 shares of the industrial products company’s stock valued at $496,000 after acquiring an additional 132 shares in the last quarter. Empowered Funds LLC increased its position in shares of Xylem by 56.1% during the first quarter. Empowered Funds LLC now owns 8,678 shares of the industrial products company’s stock valued at $1,037,000 after acquiring an additional 3,120 shares during the last quarter. Focus Partners Wealth lifted its holdings in Xylem by 217.4% during the first quarter. Focus Partners Wealth now owns 59,608 shares of the industrial products company’s stock worth $7,121,000 after acquiring an additional 40,827 shares during the period. Finally, Strs Ohio purchased a new position in Xylem in the first quarter worth $10,781,000. Institutional investors own 87.96% of the company’s stock.

Analyst Upgrades and Downgrades

XYL has been the topic of a number of recent analyst reports. TD Cowen lifted their target price on Xylem from $130.00 to $135.00 and gave the stock a “hold” rating in a research note on Friday, December 5th. UBS Group raised their price objective on shares of Xylem from $168.00 to $175.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Robert W. Baird set a $178.00 target price on shares of Xylem in a research note on Wednesday, October 29th. Weiss Ratings restated a “buy (b-)” rating on shares of Xylem in a research note on Monday, December 29th. Finally, Zacks Research downgraded Xylem from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Eight analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $165.80.

Insider Buying and Selling at Xylem

In other Xylem news, Director Victoria D. Harker sold 1,700 shares of the firm’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $148.14, for a total value of $251,838.00. Following the completion of the transaction, the director owned 16,875 shares in the company, valued at $2,499,862.50. This trade represents a 9.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Claudia S. Toussaint sold 10,421 shares of Xylem stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $152.64, for a total value of $1,590,661.44. Following the transaction, the executive vice president directly owned 31,250 shares of the company’s stock, valued at $4,770,000. The trade was a 25.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.27% of the stock is currently owned by insiders.

Xylem Price Performance

Shares of NYSE:XYL opened at $139.62 on Friday. The firm has a market capitalization of $33.99 billion, a PE ratio of 35.89, a P/E/G ratio of 1.98 and a beta of 1.17. The company has a quick ratio of 1.50, a current ratio of 1.96 and a debt-to-equity ratio of 0.17. The company has a 50-day moving average price of $141.08 and a two-hundred day moving average price of $140.73. Xylem Inc. has a twelve month low of $100.47 and a twelve month high of $154.27.

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

Xylem Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Tuesday, November 25th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Tuesday, November 25th. Xylem’s dividend payout ratio (DPR) is presently 41.13%.

Xylem Company Profile

Xylem Inc (NYSE: XYL) is a global water technology company that designs, manufactures and services engineered systems and equipment for the transport, treatment, testing and efficient use of water. Its product portfolio spans pumps and pumping systems, valves, filtration and disinfection equipment, sensors and analytical instruments, and digital solutions for monitoring and control of water infrastructure. Xylem serves the full water cycle with offerings for water and wastewater utilities, industrial customers, commercial and residential buildings, and agricultural applications.

The company was established as an independent publicly traded company in 2011 following a corporate spin-off from ITT Corporation and is headquartered in Rye Brook, New York.