Xylem Inc. $XYL Shares Acquired by Blair William & Co. IL

Blair William & Co. IL lifted its position in shares of Xylem Inc. (NYSE:XYL) by 23.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 60,078 shares of the industrial products company’s stock after buying an additional 11,478 shares during the period. Blair William & Co. IL’s holdings in Xylem were worth $8,861,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of XYL. Norges Bank acquired a new position in shares of Xylem during the 2nd quarter valued at about $338,232,000. ABN AMRO Bank N.V. acquired a new position in Xylem in the second quarter valued at $208,226,000. Swedbank AB boosted its holdings 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 acquiring an additional 830,821 shares during the last quarter. Amundi increased its position in Xylem by 17.0% during the 2nd 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 in the last quarter. Finally, Voya Investment Management LLC raised its position in Xylem by 544.0% in the third quarter. Voya Investment Management LLC now owns 868,755 shares of the industrial products company’s stock valued at $128,141,000 after purchasing an additional 733,860 shares during the period. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Xylem Trading Up 0.2%

Shares of NYSE XYL opened at $123.45 on Tuesday. Xylem Inc. has a 12-month low of $100.47 and a 12-month high of $154.27. The company has a current ratio of 1.62, a quick ratio of 1.28 and a debt-to-equity ratio of 0.12. The stock’s 50 day simple moving average is $135.21 and its 200 day simple moving average is $140.48. The company has a market cap of $30.02 billion, a price-to-earnings ratio of 31.49, a price-to-earnings-growth ratio of 1.76 and a beta of 1.17.

Xylem (NYSE:XYL) last announced 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 net margin of 10.59% and a return on equity of 11.11%. The company’s quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.18 earnings per share. Xylem has set its FY 2026 guidance at 5.350-5.560 EPS. Equities research analysts expect that Xylem Inc. will post 4.65 EPS for the current year.

Xylem announced that its board has approved a stock repurchase plan on Wednesday, February 25th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the industrial products company to repurchase up to 4.8% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued.

Xylem Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, February 24th will be issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.4%. 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 presently 43.88%.

Wall Street Analysts Forecast Growth

XYL has been the topic of several analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Xylem in a report on Monday, December 29th. Barclays decreased their price objective on shares of Xylem from $166.00 to $156.00 and set an “overweight” rating for the company in a research report on Wednesday, February 11th. Oppenheimer set a $165.00 price target on Xylem in a research note on Thursday, February 12th. William Blair started coverage on Xylem in a report on Monday, January 26th. They issued an “outperform” rating for the company. Finally, Stifel Nicolaus lowered their price objective on Xylem from $178.00 to $175.00 and set a “buy” rating for the company 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. According to MarketBeat.com, Xylem presently 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.