Universal Beteiligungs und Servicegesellschaft mbH grew its stake in Xylem Inc. (NYSE:XYL – Free Report) by 6.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 582,277 shares of the industrial products company’s stock after buying an additional 33,090 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Xylem were worth $79,629,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in XYL. SJS Investment Consulting Inc. lifted its position in Xylem by 1,844.4% in the 3rd quarter. SJS Investment Consulting Inc. now owns 175 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 166 shares in the last quarter. Knuff & Co LLC bought a new position in Xylem during the 3rd quarter worth about $27,000. Wexford Capital LP acquired a new stake in shares of Xylem in the 3rd quarter valued at about $27,000. Board of the Pension Protection Fund acquired a new stake in shares of Xylem in the 4th quarter valued at about $27,000. Finally, First Horizon Corp bought a new stake in shares of Xylem in the third quarter valued at about $30,000. Institutional investors own 87.96% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on XYL shares. Weiss Ratings cut Xylem from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 6th. Barclays cut their target price on Xylem from $166.00 to $156.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 11th. Oppenheimer reaffirmed an “outperform” rating and set a $160.00 price target (down from $165.00) on shares of Xylem in a research report on Wednesday, April 1st. Royal Bank Of Canada decreased their price target on shares of Xylem from $176.00 to $162.00 and set an “outperform” rating for the company in a research note on Wednesday, February 11th. Finally, Wall Street Zen downgraded shares of Xylem from a “buy” rating to a “hold” rating in a report on Saturday, December 27th. Eight research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $153.77.
Xylem Price Performance
Shares of NYSE XYL opened at $121.43 on Thursday. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.62 and a quick ratio of 1.28. The business has a 50-day moving average of $124.31 and a 200-day moving average of $135.94. The stock has a market capitalization of $29.52 billion, a price-to-earnings ratio of 30.98, a PEG ratio of 1.72 and a beta of 1.18. Xylem Inc. has a fifty-two week low of $112.98 and a fifty-two week high of $154.27.
Xylem (NYSE:XYL – Get Free Report) last released its earnings results on Tuesday, February 10th. The industrial products company reported $1.42 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.42. Xylem had a return on equity of 11.11% and a net margin of 10.59%.The firm’s quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.18 EPS. Xylem has set its FY 2026 guidance at 5.350-5.560 EPS. As a group, sell-side analysts predict that Xylem Inc. will post 5.47 earnings per share for the current fiscal year.
Xylem Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Tuesday, February 24th were issued a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Tuesday, February 24th. This is a boost from Xylem’s previous quarterly dividend of $0.40. Xylem’s payout ratio is currently 43.88%.
Xylem announced that its board has initiated a stock buyback program on Wednesday, February 25th that permits the company to buyback $1.50 billion in outstanding shares. This buyback authorization permits the industrial products company to repurchase up to 4.8% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s management believes its stock is undervalued.
Xylem 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.
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