Xylem Sees Unusually High Options Volume (NYSE:XYL)

Xylem Inc. (NYSE:XYL) was the recipient of some unusual options trading activity on Friday. Stock traders bought 3,809 call options on the stock. This represents an increase of 250% compared to the typical daily volume of 1,087 call options.

Insider Activity

In related news, Director Jerome A. Peribere bought 1,210 shares of Xylem stock in a transaction that occurred on Monday, May 4th. The stock was acquired at an average price of $116.61 per share, with a total value of $141,098.10. Following the acquisition, the director owned 27,209 shares of the company’s stock, valued at approximately $3,172,841.49. This represents a 4.65% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Geri-Michelle Mcshane sold 4,269 shares of the company’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $117.46, for a total transaction of $501,436.74. Following the completion of the transaction, the chief accounting officer owned 3,605 shares in the company, valued at approximately $423,443.30. This trade represents a 54.22% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.32% of the stock is owned by corporate insiders.

Institutional Trading of Xylem

A number of institutional investors have recently modified their holdings of XYL. Board of the Pension Protection Fund bought a new position in shares of Xylem in the fourth quarter worth $27,000. Commonwealth Retirement Investments LLC acquired a new position in Xylem in the fourth quarter valued at about $27,000. Wexford Capital LP bought a new stake in Xylem during the third quarter worth about $27,000. Global Assets Advisory LLC bought a new stake in Xylem during the first quarter worth about $40,000. Finally, FWL Investment Management LLC acquired a new stake in Xylem during the second quarter worth about $43,000. 87.96% of the stock is currently owned by institutional investors.

Xylem Stock Performance

NYSE XYL opened at $122.96 on Friday. The firm has a 50-day moving average price of $113.23 and a two-hundred day moving average price of $123.48. Xylem has a 12-month low of $105.29 and a 12-month high of $154.27. The company has a market capitalization of $29.23 billion, a P/E ratio of 30.59, a P/E/G ratio of 1.78 and a beta of 1.03. The company has a quick ratio of 1.10, a current ratio of 1.46 and a debt-to-equity ratio of 0.13.

Xylem (NYSE:XYL) last announced its earnings results on Tuesday, April 28th. The industrial products company reported $1.12 EPS for the quarter, topping the consensus estimate of $1.09 by $0.03. Xylem had a net margin of 10.79% and a return on equity of 11.26%. The company had revenue of $2.12 billion for the quarter, compared to analysts’ expectations of $2.11 billion. During the same period last year, the firm earned $1.03 earnings per share. The business’s revenue for the quarter was up 2.7% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. Analysts anticipate that Xylem will post 5.51 earnings per share for the current year.

Xylem Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Thursday, May 28th were paid a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Thursday, May 28th. Xylem’s dividend payout ratio (DPR) is 42.79%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on XYL. Citigroup reduced their price objective on Xylem from $174.00 to $168.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Royal Bank Of Canada lifted their price target on Xylem from $157.00 to $159.00 and gave the stock an “outperform” rating in a report on Thursday. Oppenheimer reduced their price target on Xylem from $160.00 to $158.00 and set an “outperform” rating for the company in a research note on Wednesday, April 29th. Stifel Nicolaus decreased their price objective on Xylem from $163.00 to $159.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Finally, CLSA upgraded Xylem to a “hold” rating in a research report on Thursday, June 25th. Eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $153.31.

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.