8,167 Shares in Xylem Inc. $XYL Purchased by Cullen Capital Management LLC

Cullen Capital Management LLC acquired a new position in Xylem Inc. (NYSE:XYL) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 8,167 shares of the industrial products company’s stock, valued at approximately $965,000.

Other large investors have also modified their holdings of the company. XXEC Inc. purchased a new stake in shares of Xylem in the second quarter worth approximately $850,841,000. J. Stern & Co. LLP boosted its holdings in 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 valued at $6,189,132,000 after acquiring an additional 45,082,435 shares during the period. BlackRock Inc. purchased a new position in Xylem during the 2nd quarter valued at $2,959,730,000. Bank of New York Mellon Corp bought a new position in Xylem in the 2nd quarter valued at $552,313,000. Finally, Norges Bank bought a new position in Xylem in the 4th quarter valued at $361,012,000. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Analyst Upgrades and Downgrades

XYL has been the subject of a number of recent analyst reports. UBS Group boosted their target price on shares of Xylem from $135.00 to $138.00 and gave the company a “neutral” rating in a research note on Thursday, August 13th. Oppenheimer reduced their price target on shares of Xylem from $160.00 to $158.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 29th. Citigroup reiterated a “buy” rating on shares of Xylem in a report on Wednesday, July 29th. CLSA raised shares of Xylem to a “hold” rating in a research report on Thursday, June 25th. Finally, Mizuho upped their target price on shares of Xylem from $124.00 to $130.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. Nine analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $155.00.

Xylem Trading Up 0.7%

Shares of NYSE XYL opened at $114.18 on Tuesday. Xylem Inc. has a twelve month low of $105.29 and a twelve month high of $154.27. The firm has a market cap of $26.66 billion, a PE ratio of 27.19, a price-to-earnings-growth ratio of 1.57 and a beta of 1.02. The business has a fifty day simple moving average of $118.10 and a two-hundred day simple moving average of $119.50. The company has a quick ratio of 1.24, a current ratio of 1.61 and a debt-to-equity ratio of 0.23.

Xylem (NYSE:XYL) last posted its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.34 by $0.12. The business had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.34 billion. Xylem had a return on equity of 11.77% and a net margin of 11.15%.The business’s revenue was up 1.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.26 EPS. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. Analysts expect that Xylem Inc. will post 5.67 earnings per share for the current fiscal year.

Xylem Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 27th will be issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 1.5%. The ex-dividend date is Thursday, August 27th. Xylem’s dividend payout ratio is presently 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.