Lombard Odier Asset Management Europe Ltd Reduces Stake in Xylem Inc. $XYL

Lombard Odier Asset Management Europe Ltd decreased its position in Xylem Inc. (NYSE:XYL) by 36.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 89,414 shares of the industrial products company’s stock after selling 50,264 shares during the period. Lombard Odier Asset Management Europe Ltd’s holdings in Xylem were worth $10,685,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. J. Stern & Co. LLP grew its stake in shares of Xylem by 12,326.6% during the 4th quarter. J. Stern & Co. LLP now owns 45,448,168 shares of the industrial products company’s stock worth $6,189,132,000 after acquiring an additional 45,082,435 shares during the period. Norges Bank purchased a new position in shares of Xylem in the fourth quarter worth about $361,012,000. SEB Asset Management AB purchased a new position in Xylem in the 1st quarter valued at approximately $66,700,000. Balyasny Asset Management L.P. raised its holdings in Xylem by 346.2% during the 3rd quarter. Balyasny Asset Management L.P. now owns 712,950 shares of the industrial products company’s stock valued at $105,160,000 after acquiring an additional 553,152 shares during the period. Finally, Adage Capital Partners GP L.L.C. purchased a new position in shares of Xylem in the second quarter valued at $64,407,000. 87.96% of the stock is owned by institutional investors.

Xylem Price Performance

Shares of NYSE:XYL opened at $119.66 on Friday. Xylem Inc. has a one year low of $105.29 and a one year high of $154.27. The company’s fifty day moving average price is $114.04 and its 200-day moving average price is $122.82. The firm has a market capitalization of $28.44 billion, a price-to-earnings ratio of 29.77, a PEG ratio of 1.70 and a beta of 1.03. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.46 and a quick ratio of 1.10.

Xylem (NYSE:XYL) last released its earnings results on Tuesday, April 28th. The industrial products company reported $1.12 EPS for the quarter, beating analysts’ consensus estimates of $1.09 by $0.03. Xylem had a return on equity of 11.26% and a net margin of 10.79%.The business had revenue of $2.12 billion for the quarter, compared to analysts’ expectations of $2.11 billion. During the same quarter in the prior year, the firm earned $1.03 earnings per share. The firm’s revenue was up 2.7% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. On average, equities research analysts anticipate that Xylem Inc. will post 5.52 earnings per share for the current fiscal year.

Xylem Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Thursday, May 28th were paid a $0.43 dividend. The ex-dividend date of this dividend was Thursday, May 28th. This represents a $1.72 annualized dividend and a yield of 1.4%. Xylem’s dividend payout ratio is currently 42.79%.

Insider Buying and Selling

In related news, Director Jerome A. Peribere acquired 1,210 shares of Xylem stock in a transaction dated Monday, May 4th. The shares were purchased at an average cost of $116.61 per share, with a total value of $141,098.10. Following the completion of the purchase, the director owned 27,209 shares of the company’s stock, valued at $3,172,841.49. This represents a 4.65% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Geri-Michelle Mcshane sold 4,269 shares of Xylem stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $117.46, for a total value of $501,436.74. Following the completion of the transaction, the chief accounting officer owned 3,605 shares in the company, valued at approximately $423,443.30. This represents a 54.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.32% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have weighed in on XYL. Stifel Nicolaus decreased their price target on Xylem from $159.00 to $157.00 and set a “buy” rating on the stock in a research report on Monday, July 20th. JPMorgan Chase & Co. decreased their target price on shares of Xylem from $170.00 to $160.00 and set an “overweight” rating on the stock in a report on Thursday, April 16th. Oppenheimer cut their price target on shares of Xylem from $160.00 to $158.00 and set an “outperform” rating for the company in a report on Wednesday, April 29th. Barclays reduced their price target on shares of Xylem from $156.00 to $154.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Finally, Weiss Ratings cut shares of Xylem from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 8th. Eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $153.15.

Xylem 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.