BNP PARIBAS ASSET MANAGEMENT Holding S.A. Trims Stake in Xylem Inc. $XYL

BNP PARIBAS ASSET MANAGEMENT Holding S.A. cut its position in Xylem Inc. (NYSE:XYL) by 8.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,099,625 shares of the industrial products company’s stock after selling 101,674 shares during the quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned approximately 0.45% of Xylem worth $162,135,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. SJS Investment Consulting Inc. boosted its holdings in shares of Xylem by 1,844.4% in the third quarter. SJS Investment Consulting Inc. now owns 175 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 166 shares during the period. First Horizon Corp purchased a new stake in Xylem in the 3rd quarter valued at $30,000. Grey Fox Wealth Advisors LLC purchased a new stake in Xylem in the 3rd quarter valued at $34,000. Caldwell Trust Co purchased a new position in Xylem during the 2nd quarter worth $41,000. Finally, FWL Investment Management LLC purchased a new position in Xylem during the 2nd quarter worth $43,000. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on XYL. Citigroup reduced their target price on shares of Xylem from $182.00 to $174.00 and set a “buy” rating for the company in a report on Wednesday, February 11th. TD Cowen reaffirmed a “hold” rating on shares of Xylem in a research note on Friday, December 5th. Oppenheimer set a $165.00 price objective on Xylem in a research report on Thursday, February 12th. Robert W. Baird set a $161.00 target price on Xylem in a research note on Wednesday, February 11th. Finally, Barclays cut their price target on Xylem from $166.00 to $156.00 and set an “overweight” rating for the company in a research note on Wednesday, February 11th. Nine analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $158.08.

Xylem Trading Down 0.1%

Shares of XYL stock opened at $129.15 on Friday. The business’s fifty day moving average price is $137.70 and its 200 day moving average price is $141.73. The firm has a market capitalization of $31.44 billion, a PE ratio of 32.95, a P/E/G ratio of 1.85 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 1.28. Xylem Inc. has a 1-year low of $100.47 and a 1-year high of $154.27.

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

Xylem Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, February 24th will be issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 1.3%. This is a boost from Xylem’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Tuesday, February 24th. Xylem’s dividend payout ratio is 40.82%.

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.