Boston Family Office LLC Purchases 3,197 Shares of Xylem Inc. $XYL

Boston Family Office LLC boosted its position in shares of Xylem Inc. (NYSE:XYL) by 3.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 90,084 shares of the industrial products company’s stock after purchasing an additional 3,197 shares during the quarter. Boston Family Office LLC’s holdings in Xylem were worth $11,652,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of XYL. Hanson & Doremus Investment Management raised its stake in shares of Xylem by 0.9% during the second quarter. Hanson & Doremus Investment Management now owns 8,516 shares of the industrial products company’s stock worth $1,102,000 after buying an additional 77 shares during the last quarter. Princeton Global Asset Management LLC grew its holdings in Xylem by 2.1% during the 2nd quarter. Princeton Global Asset Management LLC now owns 3,801 shares of the industrial products company’s stock worth $492,000 after acquiring an additional 79 shares during the period. Cidel Asset Management Inc. raised its position in shares of Xylem by 6.1% during the 2nd quarter. Cidel Asset Management Inc. now owns 1,868 shares of the industrial products company’s stock valued at $242,000 after acquiring an additional 108 shares during the last quarter. Harrington Investments INC lifted its stake in shares of Xylem by 0.5% in the 2nd quarter. Harrington Investments INC now owns 21,962 shares of the industrial products company’s stock valued at $2,841,000 after purchasing an additional 120 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in shares of Xylem by 3.7% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,389 shares of the industrial products company’s stock worth $405,000 after purchasing an additional 121 shares during the last quarter. Institutional investors own 87.96% of the company’s stock.

Insider Buying and Selling

In related 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 completion of the transaction, the executive vice president owned 31,250 shares in the company, valued at approximately $4,770,000. This represents a 25.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Geri-Michelle Mcshane sold 1,000 shares of the stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $139.96, for a total transaction of $139,960.00. Following the transaction, the chief accounting officer owned 2,957 shares of the company’s stock, valued at approximately $413,861.72. This represents a 25.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 13,121 shares of company stock worth $1,982,459. 0.27% of the stock is owned by insiders.

Xylem Trading Down 0.2%

Shares of NYSE:XYL opened at $140.87 on Monday. The firm has a market cap of $34.30 billion, a price-to-earnings ratio of 36.21, a PEG ratio of 2.50 and a beta of 1.15. Xylem Inc. has a 12 month low of $100.47 and a 12 month high of $154.27. The company’s fifty day simple moving average is $146.12 and its 200 day simple moving average is $138.23. The company has a quick ratio of 1.43, a current ratio of 1.96 and a debt-to-equity ratio of 0.17.

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

Xylem Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Tuesday, November 25th will be paid a $0.40 dividend. The ex-dividend date is Tuesday, November 25th. This represents a $1.60 annualized dividend and a yield of 1.1%. Xylem’s payout ratio is presently 41.13%.

Analyst Ratings Changes

XYL has been the subject of a number of analyst reports. Wall Street Zen raised Xylem from a “hold” rating to a “buy” rating in a research note on Saturday, August 9th. Citigroup boosted their target price on Xylem from $173.00 to $182.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Cowen reaffirmed a “hold” rating on shares of Xylem in a research note on Tuesday, August 26th. Royal Bank Of Canada lifted their price objective on shares of Xylem from $169.00 to $176.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 29th. Finally, Zacks Research cut shares of Xylem from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Eight equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price 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.