Nwam LLC Purchases 6,415 Shares of Xylem Inc. $XYL

Nwam LLC lifted its position in shares of Xylem Inc. (NYSE:XYL) by 62.2% during the 2nd quarter, HoldingsChannel reports. The fund owned 16,728 shares of the industrial products company’s stock after purchasing an additional 6,415 shares during the period. Nwam LLC’s holdings in Xylem were worth $1,977,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of XYL. XXEC Inc. bought a new position in Xylem in the second quarter valued at about $850,841,000. J. Stern & Co. LLP grew its holdings in shares of Xylem by 12,326.6% during the fourth quarter. J. Stern & Co. LLP now owns 45,448,168 shares of the industrial products company’s stock worth $6,189,132,000 after purchasing an additional 45,082,435 shares during the last quarter. BlackRock Inc. bought a new stake in shares of Xylem during the second quarter worth about $2,959,730,000. Bank of New York Mellon Corp acquired a new position in shares of Xylem in the second quarter valued at approximately $552,313,000. Finally, Hsbc Holdings PLC acquired a new position in shares of Xylem in the second quarter valued at approximately $319,785,000. Institutional investors own 87.96% of the company’s stock.

Xylem Price Performance

Xylem stock opened at $106.64 on Wednesday. The stock’s 50 day moving average is $118.10 and its 200 day moving average is $118.44. Xylem Inc. has a one year low of $105.29 and a one year high of $154.27. The firm has a market cap of $24.90 billion, a P/E ratio of 25.39, a P/E/G ratio of 1.77 and a beta of 1.00. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.61 and a quick ratio of 1.24.

Xylem (NYSE:XYL) last released its earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share for the quarter, beating analysts’ consensus estimates of $1.34 by $0.12. Xylem had a net margin of 11.15% and a return on equity of 11.77%. The business had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.34 billion. During the same quarter in the prior year, the firm posted $1.26 EPS. The company’s revenue for the quarter was up 1.5% compared to the same quarter last year. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. As a group, research analysts expect that Xylem Inc. will post 5.66 EPS for the current year.

Xylem Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, August 27th will be given a dividend of $0.43 per share. The ex-dividend date is Thursday, August 27th. This represents a $1.72 annualized dividend and a dividend yield of 1.6%. Xylem’s dividend payout ratio is 40.95%.

Wall Street Analysts Forecast Growth

XYL has been the subject of a number of research reports. Mizuho raised their price objective on shares of Xylem from $124.00 to $130.00 and gave the company a “neutral” rating in a report on Wednesday, July 29th. Weiss Ratings restated a “hold (c)” rating on shares of Xylem in a research report on Wednesday, August 5th. Citigroup reaffirmed a “buy” rating on shares of Xylem in a research note on Wednesday, July 29th. Barclays lifted their price target on shares of Xylem from $154.00 to $159.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Finally, Jefferies Financial Group boosted their price objective on shares of Xylem from $145.00 to $150.00 and gave the stock a “buy” rating in a research note on Monday, August 24th. Nine equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $155.00.

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.