Xylem Inc. $XYL Shares Sold by Perpetual Ltd

Perpetual Ltd trimmed its position in Xylem Inc. (NYSE:XYL) by 11.6% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 109,807 shares of the industrial products company’s stock after selling 14,369 shares during the period. Perpetual Ltd’s holdings in Xylem were worth $14,954,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of XYL. SJS Investment Consulting Inc. increased its holdings in shares of Xylem by 1,844.4% in the 3rd quarter. SJS Investment Consulting Inc. now owns 175 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 166 shares during the last quarter. Knuff & Co LLC bought a new position in Xylem during the third quarter worth $27,000. Wexford Capital LP acquired a new position in Xylem in the third quarter worth $27,000. Board of the Pension Protection Fund acquired a new position in Xylem in the fourth quarter worth $27,000. Finally, First Horizon Corp bought a new stake in Xylem during the third quarter valued at $30,000. 87.96% of the stock is owned by institutional investors.

Xylem Stock Performance

Shares of XYL opened at $121.27 on Friday. The firm has a fifty day moving average of $127.61 and a 200-day moving average of $137.72. The company has a market cap of $29.48 billion, a price-to-earnings ratio of 30.93, a price-to-earnings-growth ratio of 1.74 and a beta of 1.18. 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 1 year low of $100.47 and a 1 year high of $154.27.

Xylem (NYSE:XYL) last issued its quarterly earnings data on Tuesday, February 10th. The industrial products company reported $1.42 earnings per share for the quarter, meeting the consensus estimate of $1.42. 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 in the prior year, the firm posted $1.18 EPS. Xylem has set its FY 2026 guidance at 5.350-5.560 EPS. As a group, equities analysts anticipate that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem announced that its board has approved a stock repurchase plan on Wednesday, February 25th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the industrial products company to repurchase up to 4.8% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued.

Xylem Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Tuesday, February 24th were given a dividend of $0.43 per share. This is a boost from Xylem’s previous quarterly dividend of $0.40. This represents a $1.72 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Tuesday, February 24th. Xylem’s payout ratio is presently 43.88%.

Analysts Set New Price Targets

XYL has been the topic of a number of recent research reports. TD Cowen restated a “hold” rating on shares of Xylem in a research report on Monday, February 23rd. Mizuho set a $138.00 price objective on shares of Xylem in a research note on Wednesday, February 11th. Royal Bank Of Canada cut their target price on shares of Xylem from $176.00 to $162.00 and set an “outperform” rating on the stock in a report on Wednesday, February 11th. Stifel Nicolaus decreased their target price on Xylem from $178.00 to $175.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. Finally, William Blair started coverage on Xylem in a report on Monday, January 26th. They set an “outperform” rating for the company. Ten investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $155.54.

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.