Swiss Life Asset Management Ltd Purchases 9,800 Shares of Xylem Inc. $XYL

Swiss Life Asset Management Ltd grew its stake in shares of Xylem Inc. (NYSE:XYL) by 7.5% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 139,732 shares of the industrial products company’s stock after purchasing an additional 9,800 shares during the period. Swiss Life Asset Management Ltd owned about 0.06% of Xylem worth $20,610,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the stock. Vanguard Group Inc. raised its position in Xylem by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 29,902,236 shares of the industrial products company’s stock valued at $4,410,580,000 after buying an additional 204,407 shares during the last quarter. State Street Corp lifted its position in shares of Xylem by 1.2% during the third quarter. State Street Corp now owns 10,953,206 shares of the industrial products company’s stock valued at $1,615,598,000 after purchasing an additional 133,173 shares in the last quarter. Amundi boosted its holdings in Xylem by 17.0% during the second quarter. Amundi now owns 5,714,576 shares of the industrial products company’s stock worth $730,717,000 after purchasing an additional 830,337 shares during the last quarter. Swedbank AB grew its position in Xylem by 19.0% in the 3rd quarter. Swedbank AB now owns 5,197,753 shares of the industrial products company’s stock worth $766,669,000 after purchasing an additional 830,821 shares in the last quarter. Finally, Invesco Ltd. increased its stake in Xylem by 4.3% in the 2nd quarter. Invesco Ltd. now owns 4,056,072 shares of the industrial products company’s stock valued at $524,694,000 after buying an additional 166,959 shares during the last quarter. Institutional investors own 87.96% of the company’s stock.

Analyst Ratings Changes

XYL has been the topic of a number of research analyst reports. Wall Street Zen downgraded Xylem from a “buy” rating to a “hold” rating in a research note on Saturday, December 27th. Royal Bank Of Canada reduced their target price on Xylem from $176.00 to $162.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 11th. Oppenheimer set a $165.00 price target on Xylem in a research note on Thursday, February 12th. Citigroup dropped their target price on Xylem from $182.00 to $174.00 and set a “buy” rating on the stock in a report on Wednesday, February 11th. Finally, Mizuho set a $138.00 price objective on Xylem in a research report on Wednesday, February 11th. Nine research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $158.08.

Xylem Price Performance

Shares of XYL opened at $120.49 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.28 and a current ratio of 1.62. The company has a 50 day moving average price of $132.41 and a 200-day moving average price of $139.27. Xylem Inc. has a fifty-two week low of $100.47 and a fifty-two week high of $154.27. The stock has a market capitalization of $29.30 billion, a PE ratio of 30.74, a PEG ratio of 1.71 and a beta of 1.17.

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

Xylem Increases Dividend

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

Xylem declared that its board has initiated a stock repurchase plan 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 purchase up to 4.8% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued.

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.