Xylem Inc. $XYL Stock Position Raised by EDENTREE ASSET MANAGEMENT Ltd

EDENTREE ASSET MANAGEMENT Ltd raised its holdings in shares of Xylem Inc. (NYSE:XYL) by 14.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 126,990 shares of the industrial products company’s stock after acquiring an additional 16,000 shares during the quarter. Xylem makes up 4.5% of EDENTREE ASSET MANAGEMENT Ltd’s investment portfolio, making the stock its 4th largest position. EDENTREE ASSET MANAGEMENT Ltd owned approximately 0.05% of Xylem worth $18,731,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in XYL. Vanguard Group Inc. raised its position in shares of Xylem by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 29,902,236 shares of the industrial products company’s stock worth $4,410,580,000 after purchasing an additional 204,407 shares during the last quarter. Geode Capital Management LLC increased its position in Xylem by 2.3% during the second quarter. Geode Capital Management LLC now owns 6,141,231 shares of the industrial products company’s stock worth $791,029,000 after buying an additional 136,605 shares in the last quarter. Amundi raised its holdings in shares of Xylem by 17.0% in the second quarter. Amundi now owns 5,714,576 shares of the industrial products company’s stock worth $730,717,000 after acquiring an additional 830,337 shares during the last quarter. Impax Asset Management Group plc lifted its position in shares of Xylem by 13.7% in the second quarter. Impax Asset Management Group plc now owns 5,499,688 shares of the industrial products company’s stock valued at $709,183,000 after acquiring an additional 663,191 shares in the last quarter. Finally, Swedbank AB boosted its stake in shares of Xylem by 19.0% during the third quarter. Swedbank AB now owns 5,197,753 shares of the industrial products company’s stock valued at $766,669,000 after acquiring an additional 830,821 shares during the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Xylem Stock Down 0.5%

Shares of NYSE:XYL opened at $128.59 on Friday. The stock has a 50-day simple moving average of $137.53 and a 200-day simple moving average of $141.62. The stock has a market capitalization of $31.31 billion, a P/E ratio of 32.80, a PEG ratio of 1.84 and a beta of 1.17. Xylem Inc. has a 1 year low of $100.47 and a 1 year high of $154.27. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.28 and a current ratio of 1.62.

Xylem (NYSE:XYL) last released its quarterly earnings data on Tuesday, February 10th. The industrial products company reported $1.42 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.42. Xylem had a net margin of 10.59% and a return on equity of 11.11%. The company had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.37 billion. During the same period in the previous year, the firm earned $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. Equities analysts forecast that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, February 24th will be given a $0.43 dividend. This represents a $1.72 annualized dividend 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%.

Wall Street Analyst Weigh In

XYL has been the topic of a number of recent research reports. Argus set a $170.00 target price on shares of Xylem in a report on Wednesday, October 29th. Robert W. Baird set a $161.00 price objective on shares of Xylem in a research note on Wednesday, February 11th. Royal Bank Of Canada decreased their target price on shares of Xylem from $176.00 to $162.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 11th. The Goldman Sachs Group set a $158.00 price target on Xylem in a report on Wednesday, February 11th. Finally, TD Cowen reiterated a “hold” rating on shares of Xylem in a research report on Friday, December 5th. Nine investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target 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.