Short Interest in Xylem Inc. (NYSE:XYL) Grows By 47.1%

Xylem Inc. (NYSE:XYL) was the target of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 4,168,907 shares, an increase of 47.1% from the January 15th total of 2,834,326 shares. Approximately 1.7% of the company’s shares are short sold. Based on an average daily volume of 1,619,422 shares, the days-to-cover ratio is presently 2.6 days. Based on an average daily volume of 1,619,422 shares, the days-to-cover ratio is presently 2.6 days. Approximately 1.7% of the company’s shares are short sold.

Institutional Trading of Xylem

A number of hedge funds have recently made changes to their positions in the stock. Kestra Advisory Services LLC grew its position in shares of Xylem by 56.3% during the 4th quarter. Kestra Advisory Services LLC now owns 14,687 shares of the industrial products company’s stock worth $2,000,000 after buying an additional 5,289 shares during the period. Marshall Wace LLP grew its stake in shares of Xylem by 19,268.1% during the fourth quarter. Marshall Wace LLP now owns 294,783 shares of the industrial products company’s stock worth $40,144,000 after purchasing an additional 293,261 shares during the period. Bridgewater Associates LP increased its holdings in Xylem by 469.0% in the fourth quarter. Bridgewater Associates LP now owns 39,593 shares of the industrial products company’s stock valued at $5,392,000 after purchasing an additional 32,635 shares during the last quarter. PCM Encore LLC bought a new position in Xylem during the fourth quarter worth about $275,000. Finally, Stifel Financial Corp grew its position in shares of Xylem by 1.4% during the 4th quarter. Stifel Financial Corp now owns 189,524 shares of the industrial products company’s stock worth $25,811,000 after buying an additional 2,575 shares during the period. 87.96% of the stock is owned by hedge funds and other institutional investors.

Xylem Stock Up 1.6%

Shares of NYSE XYL opened at $128.14 on Friday. The business’s fifty day moving average price is $138.48 and its 200-day moving average price is $142.04. Xylem has a one year low of $100.47 and a one year high of $154.27. The stock has a market capitalization of $31.20 billion, a PE ratio of 32.69, a P/E/G ratio of 1.83 and a beta of 1.17. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.62 and a quick ratio of 1.50.

Xylem (NYSE:XYL) last announced its quarterly earnings data on Tuesday, February 10th. The industrial products company reported $1.42 earnings per share (EPS) 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%.The business had revenue of $2.40 billion during the quarter, compared to analysts’ expectations of $2.37 billion. During the same quarter in the previous year, the business earned $1.18 earnings per share. The firm’s quarterly revenue 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, equities research analysts anticipate that Xylem will post 4.65 EPS for the current year.

Xylem Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Tuesday, February 24th will be paid a dividend of $0.43 per share. This is a boost from Xylem’s previous quarterly dividend of $0.40. The ex-dividend date is Tuesday, February 24th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.3%. Xylem’s dividend payout ratio is presently 40.82%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on XYL shares. Royal Bank Of Canada decreased their price target on Xylem from $176.00 to $162.00 and set an “outperform” rating for the company in a report on Wednesday. William Blair began coverage on Xylem in a report on Monday, January 26th. They set an “outperform” rating on the stock. Citigroup dropped their price objective on shares of Xylem from $182.00 to $174.00 and set a “buy” rating on the stock in a report on Wednesday. Robert W. Baird set a $161.00 price target on Xylem in a report on Wednesday. Finally, UBS Group reissued a “buy” rating and set a $155.00 target price on shares of Xylem in a research note on Friday. Nine analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus 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.