Wealthfront Advisers LLC Makes New Investment in Xylem Inc. $XYL

Wealthfront Advisers LLC purchased a new stake in Xylem Inc. (NYSE:XYL) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 23,447 shares of the industrial products company’s stock, valued at approximately $2,772,000.

Several other large investors have also modified their holdings of XYL. Orion Porfolio Solutions LLC increased its stake in shares of Xylem by 1.0% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 7,802 shares of the industrial products company’s stock worth $1,151,000 after purchasing an additional 74 shares in the last quarter. Quest Investment Management LLC grew its holdings in Xylem by 1.0% during the 3rd quarter. Quest Investment Management LLC now owns 7,588 shares of the industrial products company’s stock valued at $1,119,000 after buying an additional 77 shares during the last quarter. Notis McConarty Edward increased its position in Xylem by 0.3% during the fourth quarter. Notis McConarty Edward now owns 31,678 shares of the industrial products company’s stock worth $4,314,000 after buying an additional 86 shares in the last quarter. Moneco Advisors LLC increased its position in Xylem by 4.6% during the fourth quarter. Moneco Advisors LLC now owns 2,049 shares of the industrial products company’s stock worth $279,000 after buying an additional 90 shares in the last quarter. Finally, Compound Planning Inc. raised its holdings in shares of Xylem by 4.2% in the fourth quarter. Compound Planning Inc. now owns 2,258 shares of the industrial products company’s stock worth $308,000 after acquiring an additional 91 shares during the last quarter. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have issued reports on XYL. Stifel Nicolaus upped their target price on shares of Xylem from $157.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Royal Bank Of Canada lifted their price target on shares of Xylem from $159.00 to $164.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Mizuho upped their price objective on shares of Xylem from $124.00 to $130.00 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. Robert W. Baird raised their target price on shares of Xylem from $163.00 to $165.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Finally, Citigroup reiterated a “buy” rating on shares of Xylem in a report on Wednesday, July 29th. Nine analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $154.23.

Xylem Stock Down 2.4%

XYL opened at $113.42 on Friday. Xylem Inc. has a 12 month low of $105.29 and a 12 month high of $154.27. The business has a 50-day moving average of $117.96 and a two-hundred day moving average of $119.86. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.61 and a quick ratio of 1.24. The stock has a market capitalization of $26.48 billion, a price-to-earnings ratio of 27.00, a price-to-earnings-growth ratio of 1.61 and a beta of 1.02.

Xylem (NYSE:XYL) last announced 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 business had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.34 billion. During the same period in the prior year, the firm posted $1.26 EPS. The company’s revenue was up 1.5% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. On average, research analysts expect that Xylem Inc. will post 5.67 earnings per share for the current year.

Xylem Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 27th will be issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Thursday, August 27th. Xylem’s dividend payout ratio (DPR) is 40.95%.

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.