Xylem Inc. $XYL Shares Bought by Lansforsakringar Fondforvaltning AB publ

Lansforsakringar Fondforvaltning AB publ raised its holdings in Xylem Inc. (NYSE:XYL) by 9.1% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 139,794 shares of the industrial products company’s stock after buying an additional 11,684 shares during the period. Lansforsakringar Fondforvaltning AB publ owned approximately 0.06% of Xylem worth $20,620,000 as of its most recent SEC filing.

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

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Wall Street Zen cut shares of Xylem from a “buy” rating to a “hold” rating in a report on Saturday, December 27th. Zacks Research lowered Xylem from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. UBS Group restated a “buy” rating and issued a $155.00 price target on shares of Xylem in a research note on Friday, February 13th. Barclays dropped their price objective on Xylem from $166.00 to $156.00 and set an “overweight” rating on the stock in a report on Wednesday, February 11th. Finally, William Blair initiated coverage on Xylem in a research note on Monday, January 26th. They set an “outperform” rating for the company. Nine 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, the stock has an average rating of “Moderate Buy” and an average target price of $158.08.

Xylem Price Performance

Shares of XYL opened at $128.59 on Monday. The company has a market capitalization of $31.31 billion, a price-to-earnings ratio of 32.80, a price-to-earnings-growth ratio of 1.84 and a beta of 1.17. Xylem Inc. has a fifty-two week low of $100.47 and a fifty-two week high of $154.27. The firm has a 50-day simple moving average of $137.53 and a 200-day simple moving average of $141.60. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.28 and a current ratio of 1.62.

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

Xylem Increases Dividend

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

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.