Xylem Inc. $XYL Stock Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lowered its holdings in shares of Xylem Inc. (NYSE:XYL) by 5.2% during the 3rd quarter, Holdings Channel reports. The fund owned 225,219 shares of the industrial products company’s stock after selling 12,302 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Xylem were worth $22,808,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in Xylem in the second quarter worth about $2,959,730,000. State Street Corp increased its stake in Xylem by 2.4% during the 2nd quarter. State Street Corp now owns 11,444,669 shares of the industrial products company’s stock valued at $1,352,874,000 after buying an additional 270,972 shares during the period. XXEC Inc. acquired a new position in Xylem during the 2nd quarter valued at about $850,841,000. Swedbank AB raised its position in shares of Xylem by 0.3% during the 1st quarter. Swedbank AB now owns 5,526,725 shares of the industrial products company’s stock worth $660,444,000 after buying an additional 18,759 shares in the last quarter. Finally, Royal Bank of Canada raised its position in shares of Xylem by 1.1% during the 1st quarter. Royal Bank of Canada now owns 4,763,241 shares of the industrial products company’s stock worth $569,207,000 after buying an additional 53,210 shares in the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Xylem Stock Down 0.4%

Shares of Xylem stock opened at $108.86 on Friday. Xylem Inc. has a 1 year low of $98.58 and a 1 year high of $154.27. The company has a market cap of $25.42 billion, a P/E ratio of 25.92, a P/E/G ratio of 1.76 and a beta of 1.00. The company has a current ratio of 1.61, a quick ratio of 1.24 and a debt-to-equity ratio of 0.23. The stock has a 50-day moving average price of $106.94 and a 200 day moving average price of $113.43.

Xylem (NYSE:XYL) last issued its earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.34 by $0.12. Xylem had a net margin of 11.15% and a return on equity of 11.77%. The company had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.34 billion. During the same quarter last year, the business posted $1.26 EPS. The company’s revenue for the quarter was up 1.5% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. As a group, analysts expect that Xylem Inc. will post 5.65 EPS for the current fiscal year.

Xylem Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Thursday, August 27th were issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Thursday, August 27th. Xylem’s dividend payout ratio is currently 40.95%.

Analyst Upgrades and Downgrades

XYL has been the subject of a number of research reports. Barclays decreased their price target on Xylem from $159.00 to $139.00 and set an “overweight” rating for the company in a research note on Tuesday, October 13th. UBS Group dropped their price objective on Xylem from $138.00 to $112.00 and set a “neutral” rating on the stock in a research note on Monday, October 5th. Mizuho cut their price objective on Xylem from $130.00 to $110.00 and set a “neutral” rating for the company in a report on Thursday, October 15th. Citigroup decreased their target price on Xylem from $172.00 to $148.00 and set a “buy” rating for the company in a research note on Monday, October 12th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Xylem in a report on Wednesday, August 5th. Eight equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $140.85.

Xylem Profile

Xylem Inc (NYSE: XYL) is a global water technology company that develops products and services for the transportation, treatment, testing and efficient use of water and wastewater. Its offerings support municipal water and wastewater utilities, industrial customers, commercial facilities and residential applications.

The company’s products and solutions include water and wastewater pumps, treatment systems, dewatering equipment, smart meters, monitoring and control technologies, leak detection tools, and data-driven analytics.