EFG International AG Takes Position in Xylem Inc. $XYL

EFG International AG bought a new position in Xylem Inc. (NYSE:XYL) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 7,926 shares of the industrial products company’s stock, valued at approximately $937,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of XYL. Wexford Capital LP acquired a new stake in shares of Xylem in the third quarter valued at $27,000. Commonwealth Retirement Investments LLC acquired a new position in Xylem during the 4th quarter worth about $27,000. Dunhill Financial LLC acquired a new position in Xylem during the 2nd quarter worth about $30,000. Avalon Trust Co bought a new stake in Xylem during the 2nd quarter worth about $35,000. Finally, Entrust Financial LLC acquired a new stake in Xylem in the 4th quarter valued at about $45,000. 87.96% of the stock is owned by institutional investors and hedge funds.

Xylem Trading Up 0.6%

NYSE:XYL opened at $113.51 on Thursday. The company has a current ratio of 1.61, a quick ratio of 1.24 and a debt-to-equity ratio of 0.23. Xylem Inc. has a 1-year low of $105.29 and a 1-year high of $154.27. The firm has a market capitalization of $26.50 billion, a price-to-earnings ratio of 27.03, a PEG ratio of 1.66 and a beta of 1.02. The business’s 50-day moving average price is $118.18 and its two-hundred day moving average price is $119.13.

Xylem (NYSE:XYL) last posted its earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.34 by $0.12. The company had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.34 billion. Xylem had a return on equity of 11.77% and a net margin of 11.15%.The company’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period in the previous year, the company earned $1.26 EPS. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. On average, equities analysts expect that Xylem Inc. will post 5.66 earnings per share for the current year.

Xylem Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, August 27th will be issued a dividend of $0.43 per share. The ex-dividend date is Thursday, August 27th. This represents a $1.72 dividend on an annualized basis and a yield of 1.5%. Xylem’s payout ratio is currently 40.95%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on XYL shares. 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 report on Wednesday, July 29th. Barclays raised their price target on Xylem from $154.00 to $159.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Royal Bank Of Canada boosted their price objective on Xylem from $159.00 to $164.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. UBS Group upped their target price on shares of Xylem from $135.00 to $138.00 and gave the company a “neutral” rating in a research report on Thursday, August 13th. Finally, Citigroup reaffirmed a “buy” rating on shares of Xylem in a research note on Wednesday, July 29th. Nine analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $155.00.

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.