Somerville Kurt F Buys New Stake in Xylem Inc. $XYL

Somerville Kurt F purchased a new stake in Xylem Inc. (NYSE:XYL) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 59,886 shares of the industrial products company’s stock, valued at approximately $7,079,000. Xylem comprises 1.7% of Somerville Kurt F’s investment portfolio, making the stock its 23rd biggest holding.

Other institutional investors have also made changes to their positions in the company. Orion Porfolio Solutions LLC raised its stake in Xylem by 1.0% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 7,802 shares of the industrial products company’s stock valued at $1,151,000 after purchasing an additional 74 shares during the last quarter. Quest Investment Management LLC grew its position in Xylem by 1.0% in the 3rd quarter. Quest Investment Management LLC now owns 7,588 shares of the industrial products company’s stock worth $1,119,000 after purchasing an additional 77 shares during the last quarter. Notis McConarty Edward increased its holdings in shares of Xylem by 0.3% during the 4th quarter. Notis McConarty Edward now owns 31,678 shares of the industrial products company’s stock worth $4,314,000 after purchasing an additional 86 shares during the period. Moneco Advisors LLC increased its holdings in shares of Xylem by 4.6% during the 4th quarter. Moneco Advisors LLC now owns 2,049 shares of the industrial products company’s stock worth $279,000 after purchasing an additional 90 shares during the period. Finally, Compound Planning Inc. raised its position in shares of Xylem by 4.2% during the fourth quarter. Compound Planning Inc. now owns 2,258 shares of the industrial products company’s stock valued at $308,000 after buying an additional 91 shares during the last quarter. 87.96% of the stock is currently owned by institutional investors.

Xylem Trading Up 2.1%

Shares of NYSE XYL opened at $116.28 on Thursday. Xylem Inc. has a 1-year low of $105.29 and a 1-year high of $154.27. The company has a 50-day moving average of $117.87 and a two-hundred day moving average of $120.03. The company has a market cap of $27.15 billion, a PE ratio of 27.69, a P/E/G ratio of 1.58 and a beta of 1.02. The company has a current ratio of 1.61, a quick ratio of 1.24 and a debt-to-equity ratio of 0.23.

Xylem (NYSE:XYL) last posted its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.34 by $0.12. The firm 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 business’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.26 EPS. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. As a group, equities analysts expect that Xylem Inc. will post 5.67 earnings per share for the current fiscal year.

Xylem Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on XYL. CLSA upgraded Xylem to a “hold” rating in a research report on Thursday, June 25th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Xylem in a research report on Wednesday, August 5th. Oppenheimer decreased their price target on shares of Xylem from $160.00 to $158.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 29th. Royal Bank Of Canada boosted their price target on shares of Xylem from $159.00 to $164.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Finally, Robert W. Baird increased their price objective on shares of Xylem from $163.00 to $165.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Nine research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, Xylem currently has a consensus rating of “Moderate Buy” and an average target price of $154.23.

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.