Commerzbank Aktiengesellschaft FI Makes New $10.25 Million Investment in Xylem Inc. $XYL

Commerzbank Aktiengesellschaft FI purchased a new position in Xylem Inc. (NYSE:XYL) during the second quarter, Holdings Channel reports. The institutional investor purchased 86,717 shares of the industrial products company’s stock, valued at approximately $10,251,000.

Other institutional investors also recently modified their holdings of the company. J. Stern & Co. LLP raised its stake in 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 buying an additional 45,082,435 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in Xylem during the second quarter valued at $552,313,000. Norges Bank bought a new stake in Xylem during the fourth quarter valued at $361,012,000. ABN AMRO Bank N.V. acquired a new stake in Xylem during the 2nd quarter worth about $105,523,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Xylem in the 2nd quarter worth about $69,740,000. 87.96% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Citigroup reissued a “buy” rating on shares of Xylem in a research note on Wednesday, July 29th. Weiss Ratings restated a “hold (c)” rating on shares of Xylem in a report on Wednesday, August 5th. Stifel Nicolaus raised their price objective on shares of Xylem from $157.00 to $160.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Barclays lifted their price objective on shares of Xylem from $154.00 to $159.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Finally, Robert W. Baird boosted their target price on shares of Xylem from $163.00 to $165.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Nine research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $154.23.

Xylem Stock Performance

Shares of Xylem stock opened at $117.59 on Tuesday. Xylem Inc. has a one year low of $105.29 and a one year high of $154.27. The firm has a market capitalization of $27.46 billion, a price-to-earnings ratio of 28.00, a PEG ratio of 1.66 and a beta of 1.02. The business has a 50-day simple moving average of $117.63 and a 200 day simple moving average of $120.33. 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 posted its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share for the quarter, topping analysts’ consensus estimates of $1.34 by $0.12. The business had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.34 billion. Xylem had a return on equity of 11.77% and a net margin of 11.15%.The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same period in the prior year, the business earned $1.26 EPS. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. On average, research analysts anticipate that Xylem Inc. will post 5.67 earnings per share for the current fiscal year.

Xylem Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, August 27th will be issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Thursday, August 27th. Xylem’s dividend payout ratio (DPR) is currently 40.95%.

Xylem 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.