Leonteq Securities AG Makes New $846,000 Investment in Xylem Inc. $XYL

Leonteq Securities AG bought a new position in Xylem Inc. (NYSE:XYLFree Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 6,212 shares of the industrial products company’s stock, valued at approximately $846,000.

Several other large investors also recently added to or reduced their stakes in XYL. Knuff & Co LLC bought a new stake in Xylem in the third quarter worth approximately $27,000. Board of the Pension Protection Fund bought a new stake in Xylem in the fourth quarter worth approximately $27,000. Wexford Capital LP bought a new stake in Xylem in the third quarter worth approximately $27,000. Ramirez Asset Management Inc. grew its position in Xylem by 100.0% in the third quarter. Ramirez Asset Management Inc. now owns 200 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 100 shares in the last quarter. Finally, FWL Investment Management LLC bought a new stake in Xylem in the second quarter worth approximately $43,000. 87.96% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have commented on XYL shares. The Goldman Sachs Group set a $158.00 target price on shares of Xylem in a research report on Wednesday, February 11th. William Blair assumed coverage on shares of Xylem in a research report on Monday, January 26th. They issued an “outperform” rating for the company. Jefferies Financial Group restated a “hold” rating and issued a $130.00 price objective (down from $140.00) on shares of Xylem in a research note on Tuesday, March 31st. Weiss Ratings cut shares of Xylem from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 8th. Finally, TD Cowen restated a “hold” rating on shares of Xylem in a research note on Monday, February 23rd. Seven analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Xylem has a consensus rating of “Moderate Buy” and an average price target of $152.77.

Read Our Latest Report on XYL

Insider Buying and Selling at Xylem

In related news, CAO Geri-Michelle Mcshane sold 4,269 shares of the company’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $117.46, for a total transaction of $501,436.74. Following the completion of the transaction, the chief accounting officer directly owned 3,605 shares in the company, valued at $423,443.30. This represents a 54.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Jerome A. Peribere bought 1,210 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The shares were bought at an average price of $116.61 per share, with a total value of $141,098.10. Following the completion of the purchase, the director owned 27,209 shares in the company, valued at approximately $3,172,841.49. The trade was a 4.65% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.32% of the stock is owned by corporate insiders.

Xylem Price Performance

Shares of Xylem stock opened at $110.41 on Friday. The firm has a fifty day simple moving average of $118.88 and a 200-day simple moving average of $131.16. The company has a current ratio of 1.46, a quick ratio of 1.10 and a debt-to-equity ratio of 0.13. Xylem Inc. has a 1-year low of $105.29 and a 1-year high of $154.27. The stock has a market capitalization of $26.24 billion, a price-to-earnings ratio of 27.46, a PEG ratio of 1.55 and a beta of 1.08.

Xylem (NYSE:XYLGet Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $1.12 earnings per share for the quarter, topping analysts’ consensus estimates of $1.09 by $0.03. Xylem had a net margin of 10.79% and a return on equity of 11.26%. The business had revenue of $2.13 billion during the quarter, compared to analysts’ expectations of $2.11 billion. During the same period in the previous year, the company earned $1.03 earnings per share. Xylem’s revenue for the quarter was up 2.7% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. On average, sell-side analysts expect that Xylem Inc. will post 5.51 earnings per share for the current year.

Xylem Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, May 28th will be paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 1.6%. The ex-dividend date is Thursday, May 28th. Xylem’s dividend payout ratio is presently 42.79%.

Xylem declared that its board has approved a stock buyback plan on Wednesday, February 25th that authorizes the company to buyback $1.50 billion in shares. This buyback authorization authorizes the industrial products company to purchase up to 4.8% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board of directors believes its shares are undervalued.

Xylem Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding XYL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Xylem Inc. (NYSE:XYLFree Report).

Institutional Ownership by Quarter for Xylem (NYSE:XYL)

Receive News & Ratings for Xylem Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xylem and related companies with MarketBeat.com's FREE daily email newsletter.