Xylem Inc. $XYL Stock Holdings Increased by Swiss National Bank

Swiss National Bank boosted its stake in Xylem Inc. (NYSE:XYL) by 7.5% in the second quarter, Holdings Channel reports. The institutional investor owned 736,692 shares of the industrial products company’s stock after acquiring an additional 51,400 shares during the quarter. Swiss National Bank’s holdings in Xylem were worth $95,298,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. AE Wealth Management LLC grew its stake in Xylem by 5.2% in the first quarter. AE Wealth Management LLC now owns 15,283 shares of the industrial products company’s stock valued at $1,826,000 after purchasing an additional 759 shares in the last quarter. Avantax Advisory Services Inc. grew its stake in shares of Xylem by 28.7% in the 1st quarter. Avantax Advisory Services Inc. now owns 3,049 shares of the industrial products company’s stock valued at $364,000 after buying an additional 680 shares in the last quarter. Navellier & Associates Inc. acquired a new position in Xylem in the first quarter worth approximately $204,000. Phoenix Financial Ltd. acquired a new position in Xylem in the first quarter worth approximately $451,000. Finally, Angeles Wealth Management LLC raised its position in Xylem by 4.8% during the first quarter. Angeles Wealth Management LLC now owns 3,015 shares of the industrial products company’s stock valued at $360,000 after acquiring an additional 139 shares in the last quarter. 87.96% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Xylem

In other news, CAO Geri-Michelle Mcshane sold 1,000 shares of Xylem stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $139.96, for a total transaction of $139,960.00. Following the sale, the chief accounting officer directly owned 2,957 shares in the company, valued at approximately $413,861.72. The trade was a 25.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Victoria D. Harker sold 1,700 shares of the company’s 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 sale, the director owned 16,875 shares in the company, valued at approximately $2,499,862.50. This represents a 9.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 13,121 shares of company stock valued at $1,982,459. 0.27% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

XYL has been the subject of a number of analyst reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Xylem in a research report on Wednesday. Royal Bank Of Canada upped their target price on Xylem from $169.00 to $176.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 29th. UBS Group increased their price target on Xylem from $168.00 to $175.00 and gave the company a “buy” rating in a report on Thursday, November 6th. Robert W. Baird set a $178.00 price objective on shares of Xylem in a research note on Wednesday, October 29th. Finally, TD Cowen raised their target price on shares of Xylem from $125.00 to $130.00 and gave the company a “hold” rating in a research note on Tuesday, August 26th. Eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $166.90.

Xylem Trading Up 1.6%

Shares of Xylem stock opened at $140.21 on Friday. The company has a current ratio of 1.96, a quick ratio of 1.43 and a debt-to-equity ratio of 0.17. Xylem Inc. has a 1 year low of $100.47 and a 1 year high of $154.27. The company’s fifty day simple moving average is $146.16 and its 200-day simple moving average is $137.54. The company has a market cap of $34.14 billion, a price-to-earnings ratio of 36.04, a PEG ratio of 2.50 and a beta of 1.15.

Xylem (NYSE:XYL) last posted its quarterly earnings data on Tuesday, October 28th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter, topping 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 company had revenue of $2.27 billion for the quarter, compared to the consensus estimate of $2.22 billion. During the same quarter in the previous year, the firm posted $1.11 EPS. The business’s revenue 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, sell-side analysts expect that Xylem Inc. will post 4.65 EPS for the current year.

Xylem Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Tuesday, November 25th will be given a $0.40 dividend. The ex-dividend date is 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 (DPR) is currently 41.13%.

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.