Broderick Brian C Has $8.90 Million Stake in Xylem Inc. $XYL

Broderick Brian C raised its stake in shares of Xylem Inc. (NYSE:XYL) by 6.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,481 shares of the industrial products company’s stock after buying an additional 4,280 shares during the period. Xylem accounts for approximately 1.6% of Broderick Brian C’s portfolio, making the stock its 21st biggest holding. Broderick Brian C’s holdings in Xylem were worth $8,900,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. KBC Group NV increased its holdings in shares of Xylem by 30.3% during the 1st quarter. KBC Group NV now owns 447,389 shares of the industrial products company’s stock valued at $53,463,000 after acquiring an additional 103,987 shares during the last quarter. SEB Asset Management AB acquired a new stake in Xylem in the 1st quarter worth approximately $66,700,000. Swiss National Bank boosted its position in Xylem by 7.1% during the first quarter. Swiss National Bank now owns 714,592 shares of the industrial products company’s stock worth $85,394,000 after purchasing an additional 47,500 shares during the period. AIA Group Ltd boosted its position in Xylem by 108.1% during the first quarter. AIA Group Ltd now owns 10,539 shares of the industrial products company’s stock worth $1,259,000 after purchasing an additional 5,475 shares during the period. Finally, Ascent Wealth Partners LLC grew its holdings in Xylem by 5.1% during the first quarter. Ascent Wealth Partners LLC now owns 15,310 shares of the industrial products company’s stock valued at $1,830,000 after purchasing an additional 736 shares during the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Insider Buying and Selling at Xylem

In related news, Director Jerome A. Peribere purchased 1,210 shares of the firm’s stock in a transaction on Monday, May 4th. The shares were bought at an average cost of $116.61 per share, for a total transaction of $141,098.10. Following the transaction, the director directly owned 27,209 shares of the company’s stock, valued at approximately $3,172,841.49. This trade represents a 4.65% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CAO Geri-Michelle Mcshane sold 4,269 shares of the business’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $117.46, for a total transaction of $501,436.74. Following the transaction, the chief accounting officer owned 3,605 shares in the company, valued at approximately $423,443.30. The trade was a 54.22% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.32% of the company’s stock.

Xylem Stock Performance

Shares of NYSE XYL opened at $122.96 on Monday. Xylem Inc. has a 12 month low of $105.29 and a 12 month high of $154.27. The company has a market cap of $29.23 billion, a P/E ratio of 30.59, a P/E/G ratio of 1.75 and a beta of 1.03. The business’s 50 day moving average is $113.23 and its two-hundred day moving average is $123.37. 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 posted its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.09 by $0.03. The company had revenue of $2.12 billion during the quarter, compared to analysts’ expectations of $2.11 billion. Xylem had a return on equity of 11.26% and a net margin of 10.79%.Xylem’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the prior year, the business earned $1.03 earnings per share. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. On average, equities analysts expect that Xylem Inc. will post 5.51 EPS for the current year.

Xylem Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Citigroup dropped their price target on shares of Xylem from $174.00 to $168.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. UBS Group upped their price objective on shares of Xylem from $132.00 to $133.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. JPMorgan Chase & Co. lowered their target price on shares of Xylem from $170.00 to $160.00 and set an “overweight” rating on the stock in a research note on Thursday, April 16th. Stifel Nicolaus dropped their target price on shares of Xylem from $163.00 to $159.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Finally, Barclays cut their target price on shares of Xylem from $156.00 to $154.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price 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.