Victoria Harker Sells 1,700 Shares of Xylem (NYSE:XYL) Stock

Xylem Inc. (NYSE:XYL) Director Victoria Harker sold 1,700 shares of the company’s stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $148.14, for a total value of $251,838.00. Following the completion of the sale, the director owned 16,875 shares in the company, valued at $2,499,862.50. The trade was a 9.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Xylem Stock Down 0.2%

Shares of NYSE:XYL opened at $150.38 on Friday. The company has a current ratio of 1.96, a quick ratio of 1.43 and a debt-to-equity ratio of 0.17. The stock has a fifty day simple moving average of $145.24 and a two-hundred day simple moving average of $135.32. Xylem Inc. has a 12-month low of $100.47 and a 12-month high of $154.27. The stock has a market capitalization of $36.61 billion, a price-to-earnings ratio of 38.66, a PEG ratio of 2.50 and a beta of 1.15.

Xylem (NYSE:XYL) last released its earnings results on Tuesday, October 28th. The industrial products company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.23 by $0.14. The firm had revenue of $2.27 billion for the quarter, compared to analysts’ expectations of $2.22 billion. Xylem had a return on equity of 10.77% and a net margin of 10.66%.The company’s quarterly revenue was up 7.8% on a year-over-year basis. During the same period in the prior year, the firm posted $1.11 earnings per share. Xylem has set its FY 2025 guidance at 5.030-5.080 EPS. On average, research analysts anticipate that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Thursday, August 28th were issued a $0.40 dividend. The ex-dividend date of this dividend was Thursday, August 28th. This represents a $1.60 annualized dividend and a yield of 1.1%. Xylem’s payout ratio is 41.13%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Robert W. Baird set a $178.00 price target on shares of Xylem in a research report on Wednesday, October 29th. TD Cowen increased their target price on Xylem from $125.00 to $130.00 and gave the company a “hold” rating in a research note on Tuesday, August 26th. UBS Group lifted their target price on Xylem from $168.00 to $175.00 and gave the stock a “buy” rating in a report on Thursday. Argus set a $170.00 price target on Xylem in a research note on Wednesday, October 29th. Finally, Stifel Nicolaus upped their price target on Xylem from $175.00 to $178.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $166.90.

Institutional Trading of Xylem

Several large investors have recently modified their holdings of the company. SJS Investment Consulting Inc. lifted its holdings in Xylem by 1,844.4% in the third quarter. SJS Investment Consulting Inc. now owns 175 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 166 shares during the period. First Horizon Corp purchased a new stake in shares of Xylem during the 3rd quarter valued at about $30,000. Grey Fox Wealth Advisors LLC bought a new position in shares of Xylem in the 3rd quarter worth approximately $34,000. Maseco LLP bought a new position in shares of Xylem in the 2nd quarter worth approximately $31,000. Finally, ST Germain D J Co. Inc. boosted its holdings in shares of Xylem by 950.0% in the second quarter. ST Germain D J Co. Inc. now owns 252 shares of the industrial products company’s stock worth $33,000 after buying an additional 228 shares during the last quarter. Institutional investors own 87.96% of the company’s stock.

Xylem Company Profile

Xylem Inc, together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions worldwide. It operates through four segments: Water Infrastructure, Applied Water, Measurement & Control Solutions, and Integrated Solutions and Services. The Water Infrastructure segment offers products, including water, storm water, and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment and rental services under the ADI, Flygt, Godwin, Sanitaire, Magneto, Neptune Benson, Ionpure, Leopold, Wedeco, and Xylem Vue brands.