Elo Mutual Pension Insurance Co Grows Position in Xylem Inc. $XYL

Elo Mutual Pension Insurance Co grew its stake in Xylem Inc. (NYSE:XYL) by 63.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 31,644 shares of the industrial products company’s stock after buying an additional 12,255 shares during the period. Elo Mutual Pension Insurance Co’s holdings in Xylem were worth $4,667,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in Xylem by 0.7% in 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 acquiring an additional 204,407 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Xylem by 2.3% in the second quarter. Geode Capital Management LLC now owns 6,141,231 shares of the industrial products company’s stock valued at $791,029,000 after purchasing an additional 136,605 shares during the period. Amundi raised its stake 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 purchasing an additional 830,337 shares during the last quarter. Impax Asset Management Group plc lifted its holdings in shares of Xylem by 13.7% during the second quarter. Impax Asset Management Group plc now owns 5,499,688 shares of the industrial products company’s stock worth $709,183,000 after purchasing an additional 663,191 shares during the period. Finally, Swedbank AB boosted its position in Xylem by 19.0% in the third quarter. Swedbank AB now owns 5,197,753 shares of the industrial products company’s stock valued at $766,669,000 after buying an additional 830,821 shares during the last quarter. 87.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on XYL shares. Robert W. Baird set a $161.00 price target on shares of Xylem in a research report on Wednesday, February 11th. Stifel Nicolaus decreased their target price on shares of Xylem from $178.00 to $175.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Xylem in a report on Monday, December 29th. Oppenheimer set a $165.00 price objective on Xylem in a research note on Thursday, February 12th. Finally, Citigroup lowered their target price on Xylem from $182.00 to $174.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th. Nine equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $158.08.

Xylem Trading Down 0.5%

XYL stock opened at $128.92 on Tuesday. Xylem Inc. has a 52-week low of $100.47 and a 52-week high of $154.27. The company has a quick ratio of 1.28, a current ratio of 1.62 and a debt-to-equity ratio of 0.12. The firm has a market cap of $31.34 billion, a P/E ratio of 32.89, a PEG ratio of 1.85 and a beta of 1.17. The company’s 50-day simple moving average is $136.49 and its 200-day simple moving average is $141.01.

Xylem (NYSE:XYL) last announced its quarterly earnings results on Tuesday, February 10th. The industrial products company reported $1.42 earnings per share 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 company’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same period last year, the firm posted $1.18 earnings per share. Xylem has set its FY 2026 guidance at 5.350-5.560 EPS. As a group, equities analysts forecast that Xylem Inc. will post 4.65 EPS for the current fiscal year.

Xylem declared that its board has initiated a stock buyback plan on Wednesday, February 25th that authorizes the company to buyback $1.50 billion in outstanding shares. This buyback authorization authorizes the industrial products company to purchase up to 4.8% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

Xylem Increases Dividend

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

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.