Chicago Partners Investment Group LLC acquired a new position in Xylem Inc. (NYSE:XYL – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,648 shares of the industrial products company’s stock, valued at approximately $217,000.
Other hedge funds have also bought and sold shares of the company. Valley National Advisers Inc. boosted its position in Xylem by 84.9% in the 1st quarter. Valley National Advisers Inc. now owns 220 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 101 shares in the last quarter. Maseco LLP purchased a new stake in Xylem in the 2nd quarter worth approximately $31,000. ST Germain D J Co. Inc. boosted its position in Xylem by 950.0% in the 2nd quarter. ST Germain D J Co. Inc. now owns 252 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 228 shares in the last quarter. Signature Resources Capital Management LLC purchased a new stake in Xylem in the 2nd quarter worth approximately $39,000. Finally, Headlands Technologies LLC boosted its position in Xylem by 90.6% in the 1st quarter. Headlands Technologies LLC now owns 305 shares of the industrial products company’s stock worth $36,000 after purchasing an additional 145 shares in the last quarter. Hedge funds and other institutional investors own 87.96% of the company’s stock.
Insider Activity
In other Xylem news, CAO Geri-Michelle Mcshane sold 1,000 shares of the firm’s stock in a transaction on Friday, September 5th. The stock was sold at an average price of $139.96, for a total value of $139,960.00. Following the completion of the sale, the chief accounting officer directly owned 2,957 shares of the company’s stock, valued at $413,861.72. This trade represents a 25.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.27% of the stock is owned by company insiders.
Wall Street Analysts Forecast Growth
Get Our Latest Research Report on Xylem
Xylem Trading Up 0.4%
Shares of XYL stock opened at $148.31 on Friday. The stock’s fifty day moving average is $143.79 and its two-hundred day moving average is $132.76. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.43 and a current ratio of 1.90. The firm has a market capitalization of $36.10 billion, a P/E ratio of 38.52, a PEG ratio of 2.53 and a beta of 1.13. Xylem Inc. has a fifty-two week low of $100.47 and a fifty-two week high of $151.16.
Xylem (NYSE:XYL – Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The industrial products company reported $1.26 earnings per share for the quarter, beating analysts’ consensus estimates of $1.15 by $0.11. The company had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.20 billion. Xylem had a return on equity of 10.33% and a net margin of 10.74%.The firm’s revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.09 EPS. Xylem has set its FY 2025 guidance at 4.700-4.850 EPS. Research analysts expect that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.
Xylem Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Thursday, August 28th were paid a $0.40 dividend. The ex-dividend date of this dividend was Thursday, August 28th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. Xylem’s dividend payout ratio (DPR) is 41.56%.
Xylem 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.
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