Danske Bank A S Invests $34.35 Million in Xylem Inc. $XYL

Danske Bank A S acquired a new position in Xylem Inc. (NYSE:XYL) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 232,886 shares of the industrial products company’s stock, valued at approximately $34,351,000. Danske Bank A S owned approximately 0.10% of Xylem at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of XYL. SJS Investment Consulting Inc. increased its holdings in shares of Xylem by 1,844.4% in the 3rd quarter. SJS Investment Consulting Inc. now owns 175 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 166 shares during the period. Knuff & Co LLC acquired a new stake in shares of Xylem during the third quarter worth approximately $27,000. Wexford Capital LP purchased a new position in Xylem during the third quarter valued at approximately $27,000. First Horizon Corp purchased a new position in Xylem during the third quarter valued at approximately $30,000. Finally, Ramirez Asset Management Inc. increased its stake in Xylem by 100.0% in the 3rd quarter. Ramirez Asset Management Inc. now owns 200 shares of the industrial products company’s stock valued at $30,000 after buying an additional 100 shares during the period. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Robert W. Baird set a $161.00 target price on shares of Xylem in a research note on Wednesday, February 11th. UBS Group reaffirmed a “buy” rating and issued a $155.00 price target on shares of Xylem in a research note on Friday, February 13th. Barclays cut their price objective on Xylem from $166.00 to $156.00 and set an “overweight” rating for the company in a report on Wednesday, February 11th. Stifel Nicolaus reduced their price objective on Xylem from $178.00 to $175.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Finally, Mizuho set a $138.00 target price on Xylem in a research note on Wednesday, February 11th. Nine investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $158.08.

Xylem Trading Down 1.8%

Xylem stock opened at $119.56 on Thursday. Xylem Inc. has a one year low of $100.47 and a one year high of $154.27. The company’s fifty day moving average price is $132.82 and its two-hundred day moving average price is $139.40. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.62 and a quick ratio of 1.28. The company has a market capitalization of $29.07 billion, a price-to-earnings ratio of 30.50, a PEG ratio of 1.74 and a beta of 1.17.

Xylem (NYSE:XYL) last issued its quarterly earnings data on Tuesday, February 10th. The industrial products company reported $1.42 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.42. Xylem had a return on equity of 11.11% and a net margin of 10.59%.During the same period in the prior year, the business posted $1.18 EPS. Xylem’s revenue for the quarter was up 6.3% compared to the same quarter last year. Xylem has set its FY 2026 guidance at 5.350-5.560 EPS. On average, analysts forecast that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem declared that its board has authorized a stock repurchase program on Wednesday, February 25th that allows the company to buyback $1.50 billion in shares. This buyback authorization allows the industrial products company to reacquire up to 4.8% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board 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 given a $0.43 dividend. This is an increase from Xylem’s previous quarterly dividend of $0.40. This represents a $1.72 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Tuesday, February 24th. Xylem’s dividend payout ratio (DPR) is 43.88%.

Xylem 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.