Notis McConarty Edward Buys 335 Shares of Xylem Inc. $XYL

Notis McConarty Edward raised its stake in shares of Xylem Inc. (NYSE:XYL) by 1.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,427 shares of the industrial products company’s stock after acquiring an additional 335 shares during the period. Xylem comprises approximately 2.0% of Notis McConarty Edward’s investment portfolio, making the stock its 19th largest holding. Notis McConarty Edward’s holdings in Xylem were worth $4,065,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Valley National Advisers Inc. lifted its stake in Xylem by 84.9% during the 1st quarter. Valley National Advisers Inc. now owns 220 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 101 shares in the last quarter. Maseco LLP bought a new stake in shares of Xylem during the 2nd quarter worth $31,000. Center for Financial Planning Inc. raised its stake in shares of Xylem by 52.0% during the 1st quarter. Center for Financial Planning Inc. now owns 266 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 91 shares during the period. ST Germain D J Co. Inc. raised its stake in shares of Xylem by 950.0% during the 2nd quarter. ST Germain D J Co. Inc. now owns 252 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 228 shares during the period. Finally, Headlands Technologies LLC raised its stake in shares of Xylem by 90.6% during the 1st quarter. Headlands Technologies LLC now owns 305 shares of the industrial products company’s stock worth $36,000 after purchasing an additional 145 shares during the period. 87.96% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Xylem in a research note on Wednesday. Mizuho lifted their target price on Xylem from $125.00 to $140.00 and gave the stock a “neutral” rating in a research note on Friday, September 12th. Stifel Nicolaus lifted their target price on Xylem from $162.00 to $175.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Citigroup reiterated a “buy” rating and set a $152.00 target price (up from $137.00) on shares of Xylem in a research note on Monday, July 14th. Finally, Zacks Research upgraded Xylem from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 22nd. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Xylem currently has a consensus rating of “Moderate Buy” and a consensus price target of $152.33.

Insider Activity at Xylem

In other 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 transaction, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.27% of the company’s stock.

Xylem Stock Up 0.1%

XYL stock opened at $148.22 on Thursday. The company has a quick ratio of 1.43, a current ratio of 1.90 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $36.08 billion, a PE ratio of 38.50, a PEG ratio of 2.56 and a beta of 1.13. Xylem Inc. has a twelve month low of $100.47 and a twelve month high of $151.16. The stock has a 50-day simple moving average of $142.98 and a two-hundred day simple moving average of $130.02.

Xylem (NYSE:XYL) last issued its quarterly earnings data on Thursday, July 31st. The industrial products company reported $1.26 EPS for the quarter, topping the consensus estimate of $1.15 by $0.11. Xylem had a return on equity of 10.33% and a net margin of 10.74%.The company had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.20 billion. During the same quarter in the previous year, the firm earned $1.09 earnings per share. Xylem’s revenue was up 6.1% on a year-over-year basis. Xylem has set its FY 2025 guidance at 4.700-4.850 EPS. On average, equities analysts predict that Xylem Inc. will post 4.65 EPS for the current fiscal year.

Xylem Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, August 28th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Thursday, August 28th. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. Xylem’s payout ratio is presently 41.56%.

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.