Xylem Inc. $XYL Position Reduced by California State Teachers Retirement System

California State Teachers Retirement System trimmed its position in Xylem Inc. (NYSE:XYL) by 2.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 396,305 shares of the industrial products company’s stock after selling 8,308 shares during the period. California State Teachers Retirement System’s holdings in Xylem were worth $47,358,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of XYL. Commonwealth Retirement Investments LLC acquired a new stake in shares of Xylem in the fourth quarter valued at $27,000. Wexford Capital LP acquired a new position in Xylem during the third quarter worth about $27,000. Global Assets Advisory LLC bought a new stake in Xylem in the first quarter worth about $40,000. FWL Investment Management LLC bought a new stake in Xylem in the second quarter worth about $43,000. Finally, Entrust Financial LLC acquired a new stake in Xylem in the 4th quarter valued at about $45,000. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Xylem Stock Down 4.2%

Shares of NYSE:XYL opened at $117.01 on Friday. The firm has a 50 day simple moving average of $115.09 and a 200 day simple moving average of $122.16. Xylem Inc. has a 52 week low of $105.29 and a 52 week high of $154.27. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.10 and a current ratio of 1.61. The company has a market cap of $27.32 billion, a PE ratio of 27.86, a price-to-earnings-growth ratio of 1.70 and a beta of 1.03.

Xylem (NYSE:XYL) last posted its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share for the quarter, topping the consensus estimate of $1.34 by $0.12. Xylem had a net margin of 11.15% and a return on equity of 11.77%. The firm had revenue of $2.34 billion for the quarter, compared to analysts’ expectations of $2.34 billion. During the same period in the previous year, the company posted $1.26 EPS. The company’s quarterly revenue was up 1.5% compared to the same quarter last year. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. As a group, research analysts expect that Xylem Inc. will post 5.64 earnings per share for the current year.

Xylem Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Thursday, May 28th were issued a dividend of $0.43 per share. The ex-dividend date was Thursday, May 28th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.5%. Xylem’s payout ratio is currently 42.79%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on XYL shares. CLSA raised shares of Xylem to a “hold” rating in a research note on Thursday, June 25th. Robert W. Baird increased their target price on shares of Xylem from $163.00 to $165.00 and gave the company an “outperform” rating in a research note on Wednesday. Jefferies Financial Group upgraded shares of Xylem from a “hold” rating to a “buy” rating and lifted their price target for the stock from $130.00 to $140.00 in a research report on Thursday, June 25th. Stifel Nicolaus upped their price target on Xylem from $157.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Royal Bank Of Canada increased their price objective on Xylem from $159.00 to $164.00 and gave the company an “outperform” rating in a research report on Wednesday. Nine analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $154.00.

Insiders Place Their Bets

In related news, CAO Geri-Michelle Mcshane sold 4,269 shares of the company’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $117.46, for a total transaction of $501,436.74. Following the transaction, the chief accounting officer directly owned 3,605 shares of the company’s stock, valued at approximately $423,443.30. The trade was a 54.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jerome A. Peribere acquired 1,210 shares of Xylem stock in a transaction that occurred on Monday, May 4th. The stock was acquired at an average cost of $116.61 per share, with a total value of $141,098.10. Following the completion of the purchase, the director owned 27,209 shares in the company, valued at approximately $3,172,841.49. This represents a 4.65% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.32% of the company’s stock.

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.