Tredje AP fonden Raises Stock Holdings in Xylem Inc. $XYL

Tredje AP fonden raised its stake in shares of Xylem Inc. (NYSE:XYL) by 11.8% during the 3rd quarter, Holdings Channel.com reports. The fund owned 695,418 shares of the industrial products company’s stock after purchasing an additional 73,253 shares during the quarter. Xylem makes up approximately 0.8% of Tredje AP fonden’s portfolio, making the stock its 28th largest holding. Tredje AP fonden’s holdings in Xylem were worth $102,574,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in XYL. Impax Asset Management Group plc raised its position in shares of Xylem by 13.7% during the 2nd quarter. Impax Asset Management Group plc now owns 5,499,688 shares of the industrial products company’s stock valued at $709,183,000 after purchasing an additional 663,191 shares during the period. Ferguson Wellman Capital Management Inc. purchased a new stake in Xylem in the 3rd quarter worth $1,148,000. Vanguard Personalized Indexing Management LLC raised its holdings in Xylem by 19.0% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 56,216 shares of the industrial products company’s stock valued at $8,292,000 after acquiring an additional 8,960 shares during the period. XXEC Inc. raised its holdings in Xylem by 66.0% during the second quarter. XXEC Inc. now owns 33,698 shares of the industrial products company’s stock valued at $4,359,000 after acquiring an additional 13,404 shares during the period. Finally, AEGON ASSET MANAGEMENT UK Plc lifted its position in shares of Xylem by 9.8% in the third quarter. AEGON ASSET MANAGEMENT UK Plc now owns 417,651 shares of the industrial products company’s stock valued at $61,629,000 after acquiring an additional 37,189 shares in the last quarter. 87.96% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages recently issued reports on XYL. Wall Street Zen downgraded Xylem from a “buy” rating to a “hold” rating in a research note on Saturday, December 27th. UBS Group reiterated a “buy” rating and set a $155.00 price objective on shares of Xylem in a research report on Friday, February 13th. Citigroup dropped their target price on shares of Xylem from $182.00 to $174.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Oppenheimer set a $165.00 target price on shares of Xylem in a research note on Thursday, February 12th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Xylem in a research note on Monday, December 29th. Nine investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $158.08.

Xylem Trading Down 0.5%

Shares of XYL opened at $128.59 on Friday. The stock has a market capitalization of $31.31 billion, a PE ratio of 32.80, a P/E/G ratio of 1.85 and a beta of 1.17. The company’s fifty day moving average is $137.53 and its 200 day moving average is $141.63. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.28 and a current ratio of 1.62. Xylem Inc. has a fifty-two week low of $100.47 and a fifty-two week high of $154.27.

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. The business had revenue of $2.40 billion during the quarter, compared to analysts’ expectations of $2.37 billion. Xylem had a net margin of 10.59% and a return on equity of 11.11%. The business’s revenue was up 6.3% on a year-over-year basis. During the same period last year, the company posted $1.18 EPS. Xylem has set its FY 2026 guidance at 5.350-5.560 EPS. Sell-side analysts expect that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

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 dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 1.3%. This is a boost from Xylem’s previous quarterly dividend of $0.40. The ex-dividend date is Tuesday, February 24th. Xylem’s dividend payout ratio (DPR) is currently 40.82%.

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.