CenterBook Partners LP Reduces Stock Holdings in Xylem Inc. $XYL

CenterBook Partners LP cut its holdings in shares of Xylem Inc. (NYSE:XYL) by 24.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,299 shares of the industrial products company’s stock after selling 5,703 shares during the quarter. CenterBook Partners LP’s holdings in Xylem were worth $2,552,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of XYL. SJS Investment Consulting Inc. lifted its stake in shares of Xylem by 1,844.4% during the 3rd quarter. SJS Investment Consulting Inc. now owns 175 shares of the industrial products company’s stock valued at $26,000 after buying an additional 166 shares in the last quarter. First Horizon Corp purchased a new stake in shares of Xylem during the third quarter worth $30,000. Grey Fox Wealth Advisors LLC purchased a new stake in shares of Xylem during the third quarter worth $34,000. Caldwell Trust Co bought a new position in shares of Xylem in the second quarter worth $41,000. Finally, FWL Investment Management LLC bought a new stake in shares of Xylem during the 2nd quarter valued at $43,000. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Analysts Set New Price Targets

XYL has been the subject of several analyst reports. William Blair started coverage on Xylem in a research note on Monday, January 26th. They issued an “outperform” rating for the company. TD Cowen restated a “hold” rating on shares of Xylem in a research report on Friday, December 5th. Wall Street Zen lowered shares of Xylem from a “buy” rating to a “hold” rating in a report on Saturday, December 27th. Robert W. Baird set a $161.00 price target on shares of Xylem in a report on Wednesday, February 11th. Finally, The Goldman Sachs Group set a $158.00 price target on shares of Xylem in a report on Wednesday, February 11th. Nine equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Xylem currently has an average rating of “Moderate Buy” and an average price target of $158.08.

Xylem Trading Down 0.1%

Shares of XYL stock opened at $129.15 on Friday. The business has a 50-day moving average price of $137.70 and a two-hundred day moving average price of $141.73. Xylem Inc. has a 12-month low of $100.47 and a 12-month high of $154.27. The company has a quick ratio of 1.28, a current ratio of 1.62 and a debt-to-equity ratio of 0.12. The firm has a market cap of $31.44 billion, a P/E ratio of 32.95, a price-to-earnings-growth ratio of 1.85 and a beta of 1.17.

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

Xylem Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, February 24th will be paid a $0.43 dividend. This is a positive change from Xylem’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend 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 currently 40.82%.

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.