Y Intercept Hong Kong Ltd Makes New $354,000 Investment in Xylem Inc. $XYL

Y Intercept Hong Kong Ltd bought a new stake in Xylem Inc. (NYSE:XYL) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,733 shares of the industrial products company’s stock, valued at approximately $354,000.

Several other hedge funds and other institutional investors have also made changes to their positions in XYL. Maseco LLP acquired a new stake in Xylem in the 2nd quarter valued at about $31,000. ST Germain D J Co. Inc. raised its position in Xylem by 950.0% during the second quarter. ST Germain D J Co. Inc. now owns 252 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 228 shares during the last quarter. Headlands Technologies LLC lifted its holdings in shares of Xylem by 90.6% in the first quarter. Headlands Technologies LLC now owns 305 shares of the industrial products company’s stock valued at $36,000 after purchasing an additional 145 shares in the last quarter. Signature Resources Capital Management LLC acquired a new stake in shares of Xylem in the second quarter valued at approximately $39,000. Finally, Zions Bancorporation National Association UT acquired a new stake in shares of Xylem in the first quarter valued at approximately $40,000. Institutional investors and hedge funds own 87.96% of the company’s stock.

Xylem Stock Up 0.6%

XYL opened at $151.27 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.96 and a quick ratio of 1.43. The stock has a market capitalization of $36.83 billion, a price-to-earnings ratio of 38.89, a price-to-earnings-growth ratio of 2.50 and a beta of 1.15. The business has a 50-day moving average of $145.43 and a two-hundred day moving average of $135.62. Xylem Inc. has a 12 month low of $100.47 and a 12 month high of $154.27.

Xylem (NYSE:XYL) last announced its quarterly earnings data on Tuesday, October 28th. The industrial products company reported $1.37 earnings per share 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 business had revenue of $2.27 billion for the quarter, compared to analyst estimates of $2.22 billion. During the same period in the prior year, the firm posted $1.11 EPS. The company’s revenue was up 7.8% on a year-over-year basis. Xylem has set its FY 2025 guidance at 5.030-5.080 EPS. On average, research analysts expect that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Thursday, August 28th were issued a $0.40 dividend. 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 41.13%.

Insider Transactions at Xylem

In other Xylem news, CAO Geri-Michelle Mcshane sold 1,000 shares of the business’s stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $139.96, for a total transaction of $139,960.00. Following the completion of the sale, the chief accounting officer owned 2,957 shares of the company’s stock, 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 legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Claudia S. Toussaint sold 10,421 shares of the firm’s stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $152.64, for a total value of $1,590,661.44. Following the completion of the transaction, the executive vice president owned 31,250 shares in the company, valued at approximately $4,770,000. This trade represents a 25.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 13,121 shares of company stock worth $1,982,459 in the last ninety days. Insiders own 0.27% of the company’s stock.

Analyst Upgrades and Downgrades

XYL has been the subject of several research reports. Mizuho set a $160.00 price objective on Xylem in a research report on Wednesday, October 29th. Stifel Nicolaus raised their price target on Xylem from $175.00 to $178.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Citigroup boosted their price target on Xylem from $173.00 to $182.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. UBS Group increased their price objective on Xylem from $168.00 to $175.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Barclays boosted their target price on shares of Xylem from $165.00 to $172.00 and gave the company an “overweight” rating in a research note on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $166.90.

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.