Xylem Inc. $XYL Shares Sold by Triglav Investments D.O.O.

Triglav Investments D.O.O. lessened its position in shares of Xylem Inc. (NYSE:XYL) by 62.7% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,482 shares of the industrial products company’s stock after selling 4,178 shares during the quarter. Triglav Investments D.O.O.’s holdings in Xylem were worth $297,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Board of the Pension Protection Fund acquired a new stake in shares of Xylem during the 4th quarter valued at about $27,000. Commonwealth Retirement Investments LLC acquired a new position in Xylem in the 4th quarter worth about $27,000. Wexford Capital LP purchased a new position in Xylem during the third quarter worth approximately $27,000. Global Assets Advisory LLC purchased a new position in Xylem during the first quarter worth approximately $40,000. Finally, FWL Investment Management LLC acquired a new stake in Xylem in the second quarter valued at approximately $43,000. Institutional investors and hedge funds own 87.96% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. CLSA upgraded Xylem to a “hold” rating in a research report on Thursday, June 25th. Oppenheimer dropped their price target on shares of Xylem from $160.00 to $158.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 29th. UBS Group boosted their price target on shares of Xylem from $132.00 to $133.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. JPMorgan Chase & Co. reduced their price objective on shares of Xylem from $170.00 to $160.00 and set an “overweight” rating for the company in a research report on Thursday, April 16th. Finally, Weiss Ratings downgraded shares of Xylem from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 8th. Eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $153.54.

Insiders Place Their Bets

In other news, CAO Geri-Michelle Mcshane sold 4,269 shares of the stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $117.46, for a total value of $501,436.74. Following the completion of the sale, the chief accounting officer directly owned 3,605 shares in the company, valued at $423,443.30. This represents a 54.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Jerome A. Peribere bought 1,210 shares of Xylem stock in a transaction dated Monday, May 4th. The stock was acquired at an average price of $116.61 per share, with a total value of $141,098.10. Following the completion of the transaction, the director directly owned 27,209 shares of the company’s stock, valued at approximately $3,172,841.49. The trade was a 4.65% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.32% of the stock is owned by corporate insiders.

Xylem Price Performance

Shares of Xylem stock opened at $121.26 on Monday. The stock has a market capitalization of $28.82 billion, a P/E ratio of 30.16, a PEG ratio of 1.72 and a beta of 1.03. The business has a 50 day simple moving average of $112.64 and a two-hundred day simple moving average of $123.94. Xylem Inc. has a 12 month low of $105.29 and a 12 month high of $154.27. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.46 and a quick ratio of 1.10.

Xylem (NYSE:XYL) last issued its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $1.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.03. Xylem had a return on equity of 11.26% and a net margin of 10.79%.The firm had revenue of $2.12 billion for the quarter, compared to analyst estimates of $2.11 billion. During the same period in the previous year, the company posted $1.03 earnings per share. The business’s revenue was up 2.7% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. As a group, analysts predict that Xylem Inc. will post 5.51 EPS for the current fiscal year.

Xylem Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Thursday, May 28th were paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Thursday, May 28th. Xylem’s payout ratio is 42.79%.

About Xylem

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.