Xylem Inc. $XYL Shares Bought by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund grew its stake in Xylem Inc. (NYSE:XYL) by 32.2% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 27,823 shares of the industrial products company’s stock after buying an additional 6,770 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Xylem were worth $4,104,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in XYL. AFG Fiduciary Services Limited Partnership purchased a new position in shares of Xylem during the second quarter worth about $275,000. IFM Investors Pty Ltd grew its stake in shares of Xylem by 11.6% in the 2nd quarter. IFM Investors Pty Ltd now owns 54,073 shares of the industrial products company’s stock valued at $6,995,000 after purchasing an additional 5,617 shares during the last quarter. Impax Asset Management Group plc grew its stake in shares of Xylem by 13.7% in 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 last quarter. XXEC Inc. increased its holdings in shares of Xylem by 66.0% in the second quarter. XXEC Inc. now owns 33,698 shares of the industrial products company’s stock valued at $4,359,000 after purchasing an additional 13,404 shares during the period. Finally, Burney Co. raised its stake in shares of Xylem by 220.5% during the third quarter. Burney Co. now owns 18,574 shares of the industrial products company’s stock worth $2,740,000 after purchasing an additional 12,779 shares during the last quarter. 87.96% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on XYL shares. Zacks Research lowered shares of Xylem from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Argus set a $170.00 target price on shares of Xylem in a report on Wednesday, October 29th. UBS Group increased their price target on shares of Xylem from $168.00 to $175.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Robert W. Baird set a $178.00 price objective on Xylem in a report on Wednesday, October 29th. Finally, Wall Street Zen cut Xylem from a “buy” rating to a “hold” rating in a research report on Saturday, December 27th. Eight analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $165.80.

Xylem Stock Performance

NYSE XYL opened at $139.62 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.96 and a quick ratio of 1.50. The company has a market cap of $33.99 billion, a P/E ratio of 35.89, a P/E/G ratio of 1.98 and a beta of 1.17. The stock has a 50-day moving average of $141.08 and a two-hundred day moving average of $140.73. Xylem Inc. has a 1-year low of $100.47 and a 1-year high of $154.27.

Xylem (NYSE:XYL) last posted its quarterly earnings data on Tuesday, October 28th. The industrial products company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.23 by $0.14. Xylem had a net margin of 10.66% and a return on equity of 10.77%. The business had revenue of $2.27 billion during the quarter, compared to analyst estimates of $2.22 billion. During the same quarter last year, the firm posted $1.11 earnings per share. The business’s revenue for the quarter was up 7.8% compared to the same quarter last year. Xylem has set its FY 2025 guidance at 5.030-5.080 EPS. As a group, analysts anticipate that Xylem Inc. will post 4.65 EPS for the current year.

Xylem Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Tuesday, November 25th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Tuesday, November 25th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. Xylem’s dividend payout ratio is currently 41.13%.

Insiders Place Their Bets

In related news, Director Victoria D. Harker sold 1,700 shares of Xylem stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $148.14, for a total value of $251,838.00. Following the completion of the transaction, the director owned 16,875 shares in the company, valued at $2,499,862.50. The trade was a 9.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Claudia S. Toussaint sold 10,421 shares of the stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $152.64, for a total transaction of $1,590,661.44. Following the completion of the sale, the executive vice president directly owned 31,250 shares in the company, valued at approximately $4,770,000. This represents a 25.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.27% of the company’s stock.

About Xylem

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.