Lombard Odier Asset Management USA Corp Invests $1.24 Million in Xylem Inc. $XYL

Lombard Odier Asset Management USA Corp bought a new stake in Xylem Inc. (NYSE:XYL) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 8,370 shares of the industrial products company’s stock, valued at approximately $1,235,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SJS Investment Consulting Inc. lifted its stake in Xylem by 1,844.4% during the third 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. Knuff & Co LLC acquired a new stake in shares of Xylem in the third quarter valued at $27,000. First Horizon Corp purchased a new stake in shares of Xylem in the 3rd quarter valued at $30,000. Ramirez Asset Management Inc. raised its holdings in shares of Xylem by 100.0% in the 3rd quarter. Ramirez Asset Management Inc. now owns 200 shares of the industrial products company’s stock valued at $30,000 after buying an additional 100 shares during the period. Finally, Grey Fox Wealth Advisors LLC acquired a new position in Xylem during the 3rd quarter worth about $34,000. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on XYL shares. Citigroup dropped their target price on Xylem from $182.00 to $174.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Stifel Nicolaus reduced their price target on shares of Xylem from $178.00 to $175.00 and set a “buy” rating on the stock in a research report on Wednesday, February 11th. Robert W. Baird set a $161.00 price objective on shares of Xylem in a research note on Wednesday, February 11th. TD Cowen restated a “hold” rating on shares of Xylem in a report on Monday, February 23rd. Finally, Oppenheimer set a $165.00 target price on shares of Xylem in a research note on Thursday, February 12th. Nine investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Xylem currently has a consensus rating of “Moderate Buy” and a consensus price target of $158.08.

Xylem Stock Performance

Shares of XYL stock opened at $121.07 on Tuesday. The stock’s 50-day moving average is $133.61 and its two-hundred day moving average is $139.68. The firm has a market cap of $29.44 billion, a price-to-earnings ratio of 30.89, a PEG ratio of 1.72 and a beta of 1.17. Xylem Inc. has a 1 year low of $100.47 and a 1 year 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.

Xylem (NYSE:XYL) last posted its earnings results on Tuesday, February 10th. The industrial products company reported $1.42 EPS 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%.Xylem’s revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.18 EPS. Xylem has set its FY 2026 guidance at 5.350-5.560 EPS. Analysts predict 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. This is an increase from Xylem’s previous quarterly dividend of $0.40. This represents a $1.72 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Tuesday, February 24th. Xylem’s dividend payout ratio (DPR) is presently 43.88%.

Xylem declared that its Board of Directors has initiated a share repurchase program on Wednesday, February 25th that allows the company to buyback $1.50 billion in outstanding shares. This buyback authorization allows the industrial products company to purchase up to 4.8% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its stock is undervalued.

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.