Schroder Investment Management Group increased its position in Xylem Inc. (NYSE:XYL – Free Report) by 96.6% in the second quarter, Holdings Channel.com reports. The firm owned 55,340 shares of the industrial products company’s stock after acquiring an additional 27,190 shares during the period. Schroder Investment Management Group’s holdings in Xylem were worth $7,159,000 at the end of the most recent quarter.
Other large investors also recently added to or reduced their stakes in the company. Avantax Advisory Services Inc. grew its position in shares of Xylem by 28.7% during the 1st quarter. Avantax Advisory Services Inc. now owns 3,049 shares of the industrial products company’s stock worth $364,000 after buying an additional 680 shares during the period. XTX Topco Ltd acquired a new position in Xylem in the first quarter valued at approximately $321,000. Atria Wealth Solutions Inc. bought a new position in Xylem in the first quarter valued at approximately $886,000. Vanguard Group Inc. grew its holdings in Xylem by 1.3% during the 1st quarter. Vanguard Group Inc. now owns 29,006,544 shares of the industrial products company’s stock worth $3,465,122,000 after acquiring an additional 362,127 shares during the period. Finally, Strategy Asset Managers LLC raised its position in shares of Xylem by 8.9% during the 1st quarter. Strategy Asset Managers LLC now owns 3,601 shares of the industrial products company’s stock valued at $430,000 after acquiring an additional 293 shares during the last quarter. 87.96% of the stock is currently owned by institutional investors and hedge funds.
Xylem Stock Performance
XYL opened at $140.81 on Friday. The business’s 50-day simple moving average is $145.94 and its 200 day simple moving average is $138.43. Xylem Inc. has a 52-week low of $100.47 and a 52-week high of $154.27. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.50 and a current ratio of 1.96. The firm has a market capitalization of $34.28 billion, a PE ratio of 36.20, a PEG ratio of 2.19 and a beta of 1.18.
Xylem Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Tuesday, November 25th will be paid a $0.40 dividend. The ex-dividend date is Tuesday, November 25th. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. Xylem’s dividend payout ratio (DPR) is currently 41.13%.
Insider Transactions at Xylem
In related news, Director Victoria D. Harker sold 1,700 shares of Xylem stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $148.14, for a total transaction of $251,838.00. Following the completion of the transaction, the director owned 16,875 shares in the company, valued at approximately $2,499,862.50. This trade represents a 9.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Claudia S. Toussaint sold 10,421 shares of the business’s stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $152.64, for a total value of $1,590,661.44. Following the transaction, the executive vice president directly owned 31,250 shares in the company, valued at approximately $4,770,000. This trade represents a 25.01% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.27% of the company’s stock.
Analysts Set New Price Targets
Several research firms have recently issued reports on XYL. Mizuho set a $160.00 target price on Xylem in a research report on Wednesday, October 29th. Zacks Research cut shares of Xylem from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Stifel Nicolaus upped their target price on shares of Xylem from $175.00 to $178.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Weiss Ratings reissued a “buy (b)” rating on shares of Xylem in a research report on Monday. Finally, Argus set a $170.00 price objective on shares of Xylem in a research report on Wednesday, October 29th. Eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $166.90.
Read Our Latest Report on Xylem
About Xylem
Xylem Inc, together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions worldwide. It operates through four segments: Water Infrastructure, Applied Water, Measurement & Control Solutions, and Integrated Solutions and Services. The Water Infrastructure segment offers products, including water, storm water, and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment and rental services under the ADI, Flygt, Godwin, Sanitaire, Magneto, Neptune Benson, Ionpure, Leopold, Wedeco, and Xylem Vue brands.
Featured Stories
- Five stocks we like better than Xylem
- Consumer Staples Stocks, Explained
- The Trade Desk: After a 70% Plunge, This Could Be The Time to Buy
- Russell 2000 Index, How Investors Use it For Profitable Trading
- Tap Into 2026 AI Infrastructure Gains With This High-Growth ETF
- Following Congress Stock Trades
- Strong Quarter, Weak Reaction: Why GitLab Shares Dropped
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:XYL – Free Report).
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.
