Trust Co. of Vermont Takes $845,000 Position in Xylem Inc. $XYL

Trust Co. of Vermont purchased a new position in Xylem Inc. (NYSE:XYL) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 7,149 shares of the industrial products company’s stock, valued at approximately $845,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Capital Financial Group Inc. Co. ADV bought a new stake in shares of Xylem in the 2nd quarter worth about $711,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Xylem in the 2nd quarter valued at about $69,740,000. OneDigital Investment Advisors LLC purchased a new position in Xylem in the second quarter worth about $254,000. Bell Investment Advisors Inc purchased a new position in Xylem in the second quarter worth about $48,000. Finally, AMG National Trust Bank bought a new stake in Xylem during the second quarter worth approximately $5,538,000. 87.96% of the stock is owned by hedge funds and other institutional investors.

Xylem Stock Performance

XYL stock opened at $113.98 on Wednesday. The company has a quick ratio of 1.24, a current ratio of 1.61 and a debt-to-equity ratio of 0.23. The business’s fifty day simple moving average is $117.69 and its two-hundred day simple moving average is $120.18. Xylem Inc. has a twelve month low of $105.29 and a twelve month high of $154.27. The firm has a market cap of $26.61 billion, a price-to-earnings ratio of 27.14, a PEG ratio of 1.66 and a beta of 1.02.

Xylem (NYSE:XYL) last issued its earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.34 by $0.12. The firm had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.34 billion. Xylem had a net margin of 11.15% and a return on equity of 11.77%. The business’s revenue was up 1.5% on a year-over-year basis. During the same period in the previous year, the firm earned $1.26 earnings per share. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. Analysts predict that Xylem Inc. will post 5.67 earnings per share for the current year.

Xylem Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 27th will be given a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Thursday, August 27th. Xylem’s payout ratio is 40.95%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Weiss Ratings restated a “hold (c)” rating on shares of Xylem in a research report on Wednesday, August 5th. UBS Group boosted their target price on Xylem from $135.00 to $138.00 and gave the company a “neutral” rating in a research report on Thursday, August 13th. Citigroup restated a “buy” rating on shares of Xylem in a report on Wednesday, July 29th. Oppenheimer lowered their price target on Xylem from $160.00 to $158.00 and set an “outperform” rating for the company in a research report on Wednesday, April 29th. Finally, Stifel Nicolaus lifted their price objective on shares of Xylem from $157.00 to $160.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Nine investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, Xylem has an average rating of “Moderate Buy” and an average price target of $154.23.

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.