Danica Pension Livsforsikringsaktieselskab Purchases New Position in Xylem Inc. $XYL

Danica Pension Livsforsikringsaktieselskab acquired a new position in Xylem Inc. (NYSE:XYL) in the second quarter, HoldingsChannel.com reports. The firm acquired 113,010 shares of the industrial products company’s stock, valued at approximately $13,359,000.

Several other institutional investors have also added to or reduced their stakes in the business. Commonwealth Retirement Investments LLC bought a new stake in shares of Xylem in the 4th quarter worth $27,000. Wexford Capital LP bought a new position in shares of Xylem during the third quarter valued at $27,000. Dunhill Financial LLC bought a new position in shares of Xylem during the second quarter valued at $30,000. Avalon Trust Co purchased a new stake in shares of Xylem during the second quarter valued at $35,000. Finally, Global Assets Advisory LLC bought a new stake in Xylem in the 1st quarter worth about $40,000. 87.96% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

XYL has been the subject of a number of recent analyst reports. UBS Group boosted their target price on Xylem from $135.00 to $138.00 and gave the stock a “neutral” rating in a research report on Thursday, August 13th. Mizuho lifted their price target on shares of Xylem from $124.00 to $130.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. Royal Bank Of Canada boosted their price objective on shares of Xylem from $159.00 to $164.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Weiss Ratings restated a “hold (c)” rating on shares of Xylem in a research report on Wednesday, August 5th. Finally, CLSA upgraded shares of Xylem to a “hold” rating in a report on Thursday, June 25th. Nine research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $154.23.

Xylem Trading Down 3.0%

NYSE:XYL opened at $113.98 on Wednesday. Xylem Inc. has a one year low of $105.29 and a one year high of $154.27. The business has a fifty day moving average price of $117.69 and a 200-day moving average price of $120.18. The firm has a market capitalization of $26.61 billion, a price-to-earnings ratio of 27.14, a price-to-earnings-growth ratio of 1.66 and a beta of 1.02. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.61 and a quick ratio of 1.24.

Xylem (NYSE:XYL) last released its earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share for the quarter, beating the consensus estimate of $1.34 by $0.12. Xylem had a return on equity of 11.77% and a net margin of 11.15%.The company had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.34 billion. During the same period in the previous year, the business earned $1.26 earnings per share. Xylem’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. Sell-side analysts forecast that Xylem Inc. will post 5.67 EPS for the current year.

Xylem Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, August 27th will be given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Thursday, August 27th. Xylem’s payout ratio is presently 40.95%.

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.