Xylem Inc. $XYL Shares Sold by Keybank National Association OH

Keybank National Association OH cut its stake in shares of Xylem Inc. (NYSE:XYL) by 20.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 153,326 shares of the industrial products company’s stock after selling 39,005 shares during the quarter. Keybank National Association OH owned approximately 0.06% of Xylem worth $19,834,000 at the end of the most recent reporting period.

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

Xylem Price Performance

XYL stock opened at $151.52 on Friday. The company has a market capitalization of $36.89 billion, a P/E ratio of 38.95, a PEG ratio of 2.50 and a beta of 1.13. Xylem Inc. has a twelve month low of $100.47 and a twelve month high of $154.27. The business has a 50 day simple moving average of $144.59 and a 200-day simple moving average of $133.92. 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 (NYSE:XYL) last posted its quarterly earnings data on Tuesday, October 28th. The industrial products company reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.23 by $0.14. The business had revenue of $2.27 billion during the quarter, compared to the consensus estimate of $2.22 billion. Xylem had a return on equity of 10.77% and a net margin of 10.66%.The company’s revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the company earned $1.11 earnings per share. Xylem has set its FY 2025 guidance at 5.030-5.080 EPS. As a group, equities analysts anticipate that Xylem Inc. will post 4.65 EPS for the current year.

Xylem Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Thursday, August 28th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, August 28th. Xylem’s dividend payout ratio (DPR) is presently 41.13%.

Insiders Place Their Bets

In other Xylem news, CAO Geri-Michelle Mcshane sold 1,000 shares of the stock in a transaction that occurred on 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 directly owned 2,957 shares of the company’s stock, valued at approximately $413,861.72. This trade represents a 25.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.27% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on XYL shares. Wall Street Zen upgraded shares of Xylem from a “hold” rating to a “buy” rating in a research note on Saturday, August 9th. UBS Group upped their price objective on Xylem from $164.00 to $168.00 and gave the stock a “buy” rating in a research report on Tuesday, August 5th. Royal Bank Of Canada upped their price objective on Xylem from $169.00 to $176.00 and gave the stock an “outperform” rating in a research report on Wednesday. Robert W. Baird set a $178.00 price target on Xylem in a report on Wednesday. Finally, Mizuho set a $160.00 price target on Xylem in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, Xylem has an average rating of “Moderate Buy” and an average target price of $166.20.

Xylem Company 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.