Xylem Inc. $XYL Holdings Cut by Sachetta LLC

Sachetta LLC lowered its holdings in Xylem Inc. (NYSE:XYL) by 36.9% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,051 shares of the industrial products company’s stock after selling 614 shares during the period. Sachetta LLC’s holdings in Xylem were worth $136,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. AFG Fiduciary Services Limited Partnership bought a new position in Xylem in the second quarter worth about $275,000. IFM Investors Pty Ltd lifted its holdings in Xylem by 11.6% in the second quarter. IFM Investors Pty Ltd now owns 54,073 shares of the industrial products company’s stock worth $6,995,000 after acquiring an additional 5,617 shares during the last quarter. Dynamic Advisor Solutions LLC bought a new position in Xylem in the first quarter worth about $694,000. Farther Finance Advisors LLC raised its holdings in shares of Xylem by 30.4% during the first quarter. Farther Finance Advisors LLC now owns 1,797 shares of the industrial products company’s stock valued at $215,000 after buying an additional 419 shares during the last quarter. Finally, BROOKFIELD Corp ON raised its holdings in shares of Xylem by 26.5% during the first quarter. BROOKFIELD Corp ON now owns 16,375 shares of the industrial products company’s stock valued at $1,956,000 after buying an additional 3,430 shares during the last quarter. Institutional investors own 87.96% of the company’s stock.

Xylem Price Performance

NYSE XYL opened at $149.85 on Tuesday. Xylem Inc. has a 12 month low of $100.47 and a 12 month high of $151.16. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.90 and a quick ratio of 1.43. The firm has a market capitalization of $36.47 billion, a PE ratio of 38.92, a P/E/G ratio of 2.59 and a beta of 1.13. The company’s 50 day simple moving average is $142.31 and its 200 day simple moving average is $129.77.

Xylem (NYSE:XYL) last posted its quarterly earnings data on Thursday, July 31st. The industrial products company reported $1.26 EPS for the quarter, beating analysts’ consensus estimates of $1.15 by $0.11. Xylem had a net margin of 10.74% and a return on equity of 10.33%. The business had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.20 billion. During the same quarter last year, the business earned $1.09 earnings per share. The business’s revenue for the quarter was up 6.1% on a year-over-year basis. Xylem has set its FY 2025 guidance at 4.700-4.850 EPS. As a group, equities research analysts forecast that Xylem Inc. will post 4.65 EPS for the current fiscal year.

Xylem Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Thursday, August 28th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Thursday, August 28th. Xylem’s dividend payout ratio (DPR) is currently 41.56%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on XYL. Stifel Nicolaus lifted their price target on Xylem from $162.00 to $175.00 and gave the company a “buy” rating in a report on Friday, August 1st. TD Cowen lifted their price target on Xylem from $125.00 to $130.00 and gave the company a “hold” rating in a report on Tuesday, August 26th. Barclays began coverage on Xylem in a report on Friday, September 19th. They set an “overweight” rating and a $165.00 price target on the stock. Zacks Research raised Xylem from a “hold” rating to a “strong-buy” rating in a report on Monday, September 22nd. Finally, Mizuho lifted their price target on Xylem from $125.00 to $140.00 and gave the company a “neutral” rating in a report on Friday, September 12th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, Xylem has a consensus rating of “Moderate Buy” and a consensus price target of $152.33.

Insider Activity at Xylem

In other Xylem news, CAO Geri-Michelle Mcshane sold 1,000 shares of Xylem stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $139.96, for a total value of $139,960.00. Following the transaction, the chief accounting officer owned 2,957 shares in the company, valued at approximately $413,861.72. The trade was a 25.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.27% of the stock is owned by corporate insiders.

Xylem Profile

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.