12,457 Shares in Xylem Inc. $XYL Purchased by Caprock Group LLC

Caprock Group LLC acquired a new stake in shares of Xylem Inc. (NYSE:XYL) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 12,457 shares of the industrial products company’s stock, valued at approximately $1,768,000.

Several other large investors have also bought and sold shares of XYL. ING Groep NV grew its holdings in shares of Xylem by 49.7% during the third quarter. ING Groep NV now owns 31,467 shares of the industrial products company’s stock valued at $4,641,000 after buying an additional 10,447 shares during the last quarter. Rhumbline Advisers boosted its stake in Xylem by 3.3% during the 3rd quarter. Rhumbline Advisers now owns 467,935 shares of the industrial products company’s stock valued at $69,020,000 after purchasing an additional 14,789 shares during the last quarter. Stratos Wealth Advisors LLC increased its holdings in shares of Xylem by 8.2% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 1,873 shares of the industrial products company’s stock worth $276,000 after purchasing an additional 142 shares in the last quarter. Baader Bank Aktiengesellschaft purchased a new position in shares of Xylem in the third quarter worth $465,000. Finally, Providence Capital Advisors LLC lifted its holdings in shares of Xylem by 2.4% during the third quarter. Providence Capital Advisors LLC now owns 50,181 shares of the industrial products company’s stock valued at $7,402,000 after purchasing an additional 1,164 shares in the last quarter. 87.96% of the stock is owned by hedge funds and other institutional investors.

Xylem Trading Up 1.6%

NYSE:XYL opened at $128.14 on Friday. Xylem Inc. has a one year low of $100.47 and a one year high of $154.27. The business has a fifty day moving average price of $138.48 and a 200-day moving average price of $141.97. The firm has a market capitalization of $31.20 billion, a price-to-earnings ratio of 32.69, a price-to-earnings-growth ratio of 1.80 and a beta of 1.17. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.62 and a quick ratio of 1.50.

Xylem (NYSE:XYL) last released its quarterly earnings results on Tuesday, February 10th. The industrial products company reported $1.42 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.42. Xylem had a return on equity of 11.11% and a net margin of 10.59%.The business had revenue of $2.40 billion during the quarter, compared to analyst estimates of $2.37 billion. During the same quarter in the previous year, the company posted $1.18 earnings per share. Xylem’s revenue for the quarter was up 6.3% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.350-5.560 EPS. Sell-side analysts forecast that Xylem Inc. will post 4.65 EPS for the current year.

Xylem Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, February 24th will be issued a dividend of $0.43 per share. This is an increase from Xylem’s previous quarterly dividend of $0.40. This represents a $1.72 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Tuesday, February 24th. Xylem’s payout ratio is presently 43.88%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on XYL shares. Barclays reduced their price objective on Xylem from $166.00 to $156.00 and set an “overweight” rating for the company in a report on Wednesday. Robert W. Baird set a $161.00 price objective on shares of Xylem in a report on Wednesday. Zacks Research cut shares of Xylem from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Citigroup decreased their target price on shares of Xylem from $182.00 to $174.00 and set a “buy” rating for the company in a research note on Wednesday. Finally, Stifel Nicolaus lowered their price target on Xylem from $178.00 to $175.00 and set a “buy” rating on the stock in a report on Wednesday. Nine equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Xylem currently has an average rating of “Moderate Buy” and an average target price of $158.08.

Xylem Company 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.