Xylem Inc. $XYL Stock Holdings Boosted by LGT Group Foundation

LGT Group Foundation boosted its position in Xylem Inc. (NYSE:XYL) by 13.0% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 62,016 shares of the industrial products company’s stock after purchasing an additional 7,122 shares during the quarter. LGT Group Foundation’s holdings in Xylem were worth $9,171,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Russell Investments Group Ltd. boosted its stake in Xylem by 12.3% during the 3rd quarter. Russell Investments Group Ltd. now owns 357,202 shares of the industrial products company’s stock valued at $52,290,000 after purchasing an additional 39,264 shares during the period. Schroder Investment Management Group increased its stake in shares of Xylem by 2,055.2% in the third quarter. Schroder Investment Management Group now owns 1,192,682 shares of the industrial products company’s stock valued at $171,687,000 after purchasing an additional 1,137,342 shares during the period. Private Advisor Group LLC raised its holdings in shares of Xylem by 1.1% during the third quarter. Private Advisor Group LLC now owns 10,747 shares of the industrial products company’s stock valued at $1,585,000 after buying an additional 118 shares during the last quarter. B. Metzler seel. Sohn & Co. AG raised its holdings in shares of Xylem by 15.7% during the third quarter. B. Metzler seel. Sohn & Co. AG now owns 82,140 shares of the industrial products company’s stock valued at $12,116,000 after buying an additional 11,131 shares during the last quarter. Finally, Vinva Investment Management Ltd boosted its position in shares of Xylem by 92.0% during the third quarter. Vinva Investment Management Ltd now owns 4,982 shares of the industrial products company’s stock worth $717,000 after buying an additional 2,387 shares during the period. 87.96% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

XYL has been the topic of several analyst reports. Barclays lowered their target price on Xylem from $166.00 to $156.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 11th. Mizuho set a $138.00 price target on Xylem in a research note on Wednesday, February 11th. William Blair began coverage on Xylem in a report on Monday, January 26th. They set an “outperform” rating on the stock. UBS Group restated a “buy” rating and set a $155.00 price objective on shares of Xylem in a research note on Friday, February 13th. Finally, Oppenheimer set a $165.00 price objective on shares of Xylem in a report on Thursday, February 12th. Nine investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $158.08.

Xylem Stock Down 2.4%

XYL opened at $123.16 on Monday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.28 and a current ratio of 1.62. The company has a market capitalization of $29.95 billion, a PE ratio of 31.42, a P/E/G ratio of 1.76 and a beta of 1.17. The stock’s fifty day moving average is $135.51 and its 200-day moving average is $140.59. Xylem Inc. has a one year low of $100.47 and a one year high of $154.27.

Xylem (NYSE:XYL) last announced its earnings results on Tuesday, February 10th. The industrial products company reported $1.42 earnings per share for the quarter, meeting the consensus estimate of $1.42. Xylem had a return on equity of 11.11% and a net margin of 10.59%.During the same quarter in the previous year, the company earned $1.18 earnings per share. Xylem’s revenue for the quarter was up 6.3% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.350-5.560 EPS. On average, equities analysts predict that Xylem Inc. will post 4.65 EPS for the current fiscal year.

Xylem Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, February 24th will be paid a $0.43 dividend. The ex-dividend date of this dividend is Tuesday, February 24th. This represents a $1.72 annualized dividend and a dividend yield of 1.4%. This is an increase from Xylem’s previous quarterly dividend of $0.40. Xylem’s dividend payout ratio is presently 43.88%.

Xylem announced that its board has approved a stock repurchase plan on Wednesday, February 25th that allows the company to buyback $1.50 billion in shares. This buyback authorization allows the industrial products company to purchase up to 4.8% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s board of directors believes its shares are undervalued.

Xylem 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.