Natixis Advisors LLC Sells 15,922 Shares of Xylem Inc. $XYL

Natixis Advisors LLC lowered its position in shares of Xylem Inc. (NYSE:XYL) by 4.1% in the 3rd quarter, Holdings Channel.com reports. The fund owned 377,213 shares of the industrial products company’s stock after selling 15,922 shares during the period. Natixis Advisors LLC’s holdings in Xylem were worth $55,639,000 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. SJS Investment Consulting Inc. boosted its holdings in Xylem by 1,844.4% in the 3rd quarter. SJS Investment Consulting Inc. now owns 175 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 166 shares during the period. First Horizon Corp purchased a new position in shares of Xylem during the 3rd quarter valued at $30,000. Ramirez Asset Management Inc. increased its holdings in shares of 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 purchasing an additional 100 shares during the period. Grey Fox Wealth Advisors LLC purchased a new stake in shares of Xylem in the third quarter worth $34,000. Finally, Caldwell Trust Co purchased a new stake in shares of Xylem in the second quarter worth $41,000. Institutional investors own 87.96% of the company’s stock.

Xylem Stock Up 0.2%

Shares of NYSE:XYL opened at $123.45 on Tuesday. The stock’s 50-day moving average price is $135.21 and its 200-day moving average price is $140.48. Xylem Inc. has a 12-month low of $100.47 and a 12-month high of $154.27. The stock has a market capitalization of $30.02 billion, a P/E ratio of 31.49, a price-to-earnings-growth ratio of 1.76 and a beta of 1.17. The company has a current ratio of 1.62, a quick ratio of 1.28 and a debt-to-equity ratio of 0.12.

Xylem (NYSE:XYL) last released its earnings results on Tuesday, February 10th. The industrial products company reported $1.42 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.42. Xylem had a return on equity of 11.11% and a net margin of 10.59%.The business’s quarterly revenue was up 6.3% on a year-over-year basis. During the same period last year, the firm posted $1.18 earnings per share. Xylem has set its FY 2026 guidance at 5.350-5.560 EPS. On average, equities analysts anticipate that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem declared that its Board of Directors has initiated a stock repurchase program on Wednesday, February 25th that permits the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization permits the industrial products company to reacquire up to 4.8% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board believes its shares are undervalued.

Xylem Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, February 24th will be given a $0.43 dividend. The ex-dividend date is Tuesday, February 24th. This is an increase from Xylem’s previous quarterly dividend of $0.40. This represents a $1.72 annualized dividend and a yield of 1.4%. Xylem’s dividend payout ratio is presently 43.88%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on XYL shares. Zacks Research cut Xylem from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Robert W. Baird set a $161.00 price target on Xylem in a report on Wednesday, February 11th. The Goldman Sachs Group set a $158.00 price target on Xylem in a research report on Wednesday, February 11th. William Blair began coverage on shares of Xylem in a research report on Monday, January 26th. They issued an “outperform” rating on the stock. Finally, Royal Bank Of Canada lowered their target price on shares of Xylem from $176.00 to $162.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 11th. Nine investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Xylem presently has an average rating of “Moderate Buy” and a consensus target price of $158.08.

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.