Aberdeen Group plc Acquires 12,297 Shares of Xylem Inc. $XYL

Aberdeen Group plc grew its holdings in shares of Xylem Inc. (NYSE:XYL) by 3.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 363,396 shares of the industrial products company’s stock after acquiring an additional 12,297 shares during the quarter. Aberdeen Group plc owned 0.15% of Xylem worth $52,311,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Norges Bank acquired a new position in Xylem during the 2nd quarter worth approximately $338,232,000. ABN AMRO Bank N.V. acquired a new position in shares of Xylem during the second quarter worth $208,226,000. Swedbank AB increased its holdings in shares of Xylem by 19.0% during the third quarter. Swedbank AB now owns 5,197,753 shares of the industrial products company’s stock worth $766,669,000 after buying an additional 830,821 shares in the last quarter. Amundi lifted its stake in shares of Xylem by 17.0% in the 2nd quarter. Amundi now owns 5,714,576 shares of the industrial products company’s stock valued at $730,717,000 after acquiring an additional 830,337 shares during the last quarter. Finally, Voya Investment Management LLC boosted its holdings in shares of Xylem by 544.0% during the 3rd quarter. Voya Investment Management LLC now owns 868,755 shares of the industrial products company’s stock valued at $128,141,000 after acquiring an additional 733,860 shares in the last quarter. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Xylem Stock Up 1.6%

Xylem stock opened at $128.14 on Monday. The firm has a market cap of $31.20 billion, a price-to-earnings ratio of 32.69, a PEG ratio of 1.83 and a beta of 1.17. Xylem Inc. has a 52-week low of $100.47 and a 52-week high of $154.27. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.28 and a current ratio of 1.62. The firm has a 50 day moving average price of $138.48 and a two-hundred day moving average price of $142.12.

Xylem (NYSE:XYL) last posted its quarterly earnings data on Tuesday, February 10th. The industrial products company reported $1.42 EPS for the quarter, meeting analysts’ consensus estimates of $1.42. Xylem had a net margin of 10.59% and a return on equity of 11.11%. The company had revenue of $2.40 billion for the quarter, compared to analyst estimates of $2.37 billion. During the same period in the prior year, the firm posted $1.18 EPS. The company’s quarterly revenue was up 6.3% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.350-5.560 EPS. Equities analysts predict that Xylem Inc. will post 4.65 EPS for the current year.

Xylem Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders 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 yield of 1.3%. The ex-dividend date is Tuesday, February 24th. This is an increase from Xylem’s previous quarterly dividend of $0.40. Xylem’s dividend payout ratio (DPR) is 40.82%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on XYL shares. Zacks Research cut Xylem from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Xylem in a research note on Monday, December 29th. Wall Street Zen lowered shares of Xylem from a “buy” rating to a “hold” rating in a report on Saturday, December 27th. Argus set a $170.00 target price on shares of Xylem in a report on Wednesday, October 29th. Finally, William Blair started coverage on shares of Xylem in a research note on Monday, January 26th. They set an “outperform” rating for the company. 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 an average rating of “Moderate Buy” and an average target price of $158.08.

About Xylem

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.