NEOS Investment Management LLC Acquires 8,101 Shares of Xylem Inc. $XYL

NEOS Investment Management LLC boosted its holdings in Xylem Inc. (NYSE:XYL) by 46.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 25,513 shares of the industrial products company’s stock after acquiring an additional 8,101 shares during the period. NEOS Investment Management LLC’s holdings in Xylem were worth $3,763,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. AQR Capital Management LLC boosted its holdings in Xylem by 14.4% in the 1st quarter. AQR Capital Management LLC now owns 30,955 shares of the industrial products company’s stock valued at $3,645,000 after purchasing an additional 3,900 shares during the period. NewEdge Advisors LLC boosted its stake in shares of Xylem by 3.3% in the first quarter. NewEdge Advisors LLC now owns 4,151 shares of the industrial products company’s stock valued at $496,000 after buying an additional 132 shares during the period. Empowered Funds LLC grew its position in Xylem by 56.1% during the first quarter. Empowered Funds LLC now owns 8,678 shares of the industrial products company’s stock worth $1,037,000 after buying an additional 3,120 shares in the last quarter. Chicago Partners Investment Group LLC acquired a new stake in Xylem during the second quarter worth approximately $217,000. Finally, Cullen Frost Bankers Inc. increased its stake in Xylem by 70.2% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 3,766 shares of the industrial products company’s stock worth $487,000 after acquiring an additional 1,553 shares during the period. 87.96% of the stock is currently owned by institutional investors.

Xylem Price Performance

Shares of NYSE:XYL opened at $129.15 on Friday. The stock’s fifty day simple moving average is $137.70 and its two-hundred day simple moving average is $141.73. The stock has a market cap of $31.44 billion, a PE ratio of 32.95, a price-to-earnings-growth ratio of 1.85 and a beta of 1.17. 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 Inc. has a 1-year low of $100.47 and a 1-year high of $154.27.

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

Xylem Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, February 24th will be given a dividend of $0.43 per share. The ex-dividend date of this dividend is Tuesday, February 24th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.3%. This is an increase from Xylem’s previous quarterly dividend of $0.40. Xylem’s payout ratio is currently 40.82%.

Analysts Set New Price Targets

A number of brokerages have issued reports on XYL. William Blair assumed coverage on shares of Xylem in a research note on Monday, January 26th. They set an “outperform” rating on the stock. The Goldman Sachs Group set a $158.00 target price on Xylem in a research report on Wednesday, February 11th. Zacks Research downgraded Xylem from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Royal Bank Of Canada dropped their price objective on shares of Xylem from $176.00 to $162.00 and set an “outperform” rating for the company in a research note on Wednesday, February 11th. Finally, Citigroup cut their price target on shares of Xylem from $182.00 to $174.00 and set a “buy” rating on the stock in a research report on Wednesday, February 11th. Nine investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $158.08.

Xylem Company Profile

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.