Dnca Finance Sells 64,350 Shares of Xylem Inc. $XYL

Dnca Finance trimmed its holdings in shares of Xylem Inc. (NYSE:XYL) by 73.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,150 shares of the industrial products company’s stock after selling 64,350 shares during the period. Dnca Finance’s holdings in Xylem were worth $3,415,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. SJS Investment Consulting Inc. increased its stake in shares of Xylem by 1,844.4% in the third quarter. SJS Investment Consulting Inc. now owns 175 shares of the industrial products company’s stock valued at $26,000 after buying an additional 166 shares in the last quarter. Knuff & Co LLC acquired a new position in Xylem during the 3rd quarter worth about $27,000. First Horizon Corp bought a new stake in Xylem during the 3rd quarter worth about $30,000. Ramirez Asset Management Inc. increased its position in Xylem by 100.0% in the 3rd quarter. Ramirez Asset Management Inc. now owns 200 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 100 shares in the last quarter. Finally, Grey Fox Wealth Advisors LLC acquired a new stake in Xylem in the 3rd quarter valued at about $34,000. Institutional investors own 87.96% of the company’s stock.

Xylem Price Performance

Shares of NYSE XYL opened at $119.88 on Friday. The company has a fifty day moving average price of $133.97 and a 200 day moving average price of $139.90. The firm has a market cap of $29.15 billion, a PE ratio of 30.58, a PEG ratio of 1.72 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 released its quarterly earnings results on Tuesday, February 10th. The industrial products company reported $1.42 earnings per share (EPS) 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%.Xylem’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.18 EPS. Xylem has set its FY 2026 guidance at 5.350-5.560 EPS. Research analysts predict that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

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

Xylem Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, February 24th will be paid a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 1.4%. The ex-dividend date is Tuesday, February 24th. This is a positive change from Xylem’s previous quarterly dividend of $0.40. Xylem’s dividend payout ratio (DPR) is presently 43.88%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on XYL. Wall Street Zen lowered shares of Xylem from a “buy” rating to a “hold” rating in a research report on Saturday, December 27th. 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. The Goldman Sachs Group set a $158.00 target price on Xylem in a report on Wednesday, February 11th. UBS Group reiterated a “buy” rating and issued a $155.00 price objective on shares of Xylem in a research report on Friday, February 13th. Finally, Robert W. Baird set a $161.00 target price on Xylem in a research note on Wednesday, February 11th. Nine analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Xylem presently has an average rating of “Moderate Buy” and a consensus price target of $158.08.

About Xylem

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.