Xylem Inc. $XYL Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC increased its stake in shares of Xylem Inc. (NYSE:XYL) by 913.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 117,637 shares of the industrial products company’s stock after purchasing an additional 106,033 shares during the quarter. SG Americas Securities LLC’s holdings in Xylem were worth $15,218,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. CWM LLC boosted its stake in shares of Xylem by 8.3% in the first quarter. CWM LLC now owns 8,635 shares of the industrial products company’s stock valued at $1,031,000 after buying an additional 660 shares in the last quarter. Wealthfront Advisers LLC raised its holdings in Xylem by 3.8% during the first quarter. Wealthfront Advisers LLC now owns 25,540 shares of the industrial products company’s stock worth $3,051,000 after purchasing an additional 924 shares during the last quarter. Teachers Retirement System of The State of Kentucky raised its stake in shares of Xylem by 14.2% during the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 18,751 shares of the industrial products company’s stock worth $2,240,000 after buying an additional 2,333 shares during the last quarter. Lindbrook Capital LLC increased its holdings in Xylem by 173.5% during the 1st quarter. Lindbrook Capital LLC now owns 1,381 shares of the industrial products company’s stock valued at $165,000 after acquiring an additional 876 shares in the last quarter. Finally, Wealth Alliance LLC purchased a new stake in shares of Xylem in the first quarter valued at about $229,000. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Claudia S. Toussaint sold 10,421 shares of the stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $152.64, for a total transaction of $1,590,661.44. Following the transaction, the executive vice president owned 31,250 shares in the company, valued at $4,770,000. This represents a 25.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Victoria D. Harker sold 1,700 shares of Xylem stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $148.14, for a total transaction of $251,838.00. Following the completion of the sale, the director directly owned 16,875 shares of the company’s stock, valued at approximately $2,499,862.50. The trade was a 9.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 13,121 shares of company stock valued at $1,982,459 over the last ninety days. Corporate insiders own 0.27% of the company’s stock.

Xylem Price Performance

XYL opened at $142.58 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. Xylem Inc. has a 1 year low of $100.47 and a 1 year high of $154.27. The stock has a fifty day moving average price of $146.17 and a 200 day moving average price of $136.91. The stock has a market cap of $34.71 billion, a price-to-earnings ratio of 36.65, a PEG ratio of 2.50 and a beta of 1.15.

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

Wall Street Analysts Forecast Growth

A number of research firms recently commented on XYL. TD Cowen increased their price objective on Xylem from $125.00 to $130.00 and gave the company a “hold” rating in a research note on Tuesday, August 26th. Citigroup raised their target price on shares of Xylem from $173.00 to $182.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Xylem in a research note on Thursday. Barclays lifted their price objective on shares of Xylem from $165.00 to $172.00 and gave the stock an “overweight” rating in a report on Wednesday, October 29th. Finally, Argus set a $170.00 price objective on Xylem 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 assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $166.90.

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.