Xylem Inc. (XYL) To Go Ex-Dividend on February 24th

Xylem Inc. (NYSE:XYL) declared a quarterly dividend on Tuesday, February 10th. Stockholders of record on Tuesday, February 24th will be paid a dividend of 0.43 per share by the industrial products company on Tuesday, March 24th. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Tuesday, February 24th. This is a 7.5% increase from Xylem’s previous quarterly dividend of $0.40.

Xylem has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 2 years. Xylem has a payout ratio of 33.3% meaning its dividend is sufficiently covered by earnings. Analysts expect Xylem to earn $5.22 per share next year, which means the company should continue to be able to cover its $1.72 annual dividend with an expected future payout ratio of 33.0%.

Xylem Stock Performance

Shares of NYSE:XYL opened at $128.59 on Friday. The company has a current ratio of 1.62, a quick ratio of 1.28 and a debt-to-equity ratio of 0.12. Xylem has a 12 month low of $100.47 and a 12 month high of $154.27. The company has a 50-day moving average price of $137.53 and a 200-day moving average price of $141.62. The company has a market cap of $31.31 billion, a price-to-earnings ratio of 32.80, a price-to-earnings-growth ratio of 1.84 and a beta of 1.17.

Xylem (NYSE:XYL) last posted its quarterly earnings data on Tuesday, February 10th. The industrial products company reported $1.42 EPS for the quarter, hitting the consensus estimate of $1.42. The business had revenue of $2.40 billion for the quarter, compared to analyst estimates of $2.37 billion. Xylem had a net margin of 10.59% and a return on equity of 11.11%. Xylem’s quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.18 earnings per share. Xylem has set its FY 2026 guidance at 5.350-5.560 EPS. As a group, equities analysts anticipate that Xylem will post 4.65 EPS for the current year.

Institutional Investors Weigh In On Xylem

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. State of Wyoming raised its holdings in shares of Xylem by 10.4% in the third quarter. State of Wyoming now owns 756 shares of the industrial products company’s stock valued at $112,000 after acquiring an additional 71 shares in the last quarter. Orion Porfolio Solutions LLC grew its stake in shares of Xylem by 1.0% during the third quarter. Orion Porfolio Solutions LLC now owns 7,802 shares of the industrial products company’s stock worth $1,151,000 after acquiring an additional 74 shares during the last quarter. Journey Strategic Wealth LLC raised its holdings in shares of Xylem by 1.5% in the third quarter. Journey Strategic Wealth LLC now owns 5,107 shares of the industrial products company’s stock worth $753,000 after buying an additional 77 shares during the last quarter. Quest Investment Management LLC grew its holdings in shares of Xylem by 1.0% during the third quarter. Quest Investment Management LLC now owns 7,588 shares of the industrial products company’s stock valued at $1,119,000 after buying an additional 77 shares during the last quarter. Finally, Keel Point LLC increased its position in shares of Xylem by 4.6% in the 3rd quarter. Keel Point LLC now owns 1,784 shares of the industrial products company’s stock valued at $263,000 after acquiring an additional 79 shares during the period. Institutional investors own 87.96% 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.