8,370 Shares in Xylem Inc. $XYL Bought by Lombard Odier Asset Management USA Corp

Lombard Odier Asset Management USA Corp acquired a new position in shares of Xylem Inc. (NYSE:XYL) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 8,370 shares of the industrial products company’s stock, valued at approximately $1,235,000.

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

Xylem Stock Performance

NYSE XYL opened at $121.07 on Tuesday. The stock has a market capitalization of $29.44 billion, a price-to-earnings ratio of 30.89, a PEG ratio of 1.72 and a beta of 1.17. The business’s 50 day moving average is $133.61 and its two-hundred day moving average is $139.68. Xylem Inc. has a 12-month low of $100.47 and a 12-month high of $154.27. 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 (NYSE:XYL) last posted its quarterly earnings results on Tuesday, February 10th. The industrial products company reported $1.42 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%.During the same period in the previous year, the company posted $1.18 earnings per share. The firm’s 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. Research analysts expect that Xylem Inc. will post 4.65 EPS for the current year.

Xylem Increases Dividend

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

Xylem declared that its Board of Directors has initiated a share buyback plan on Wednesday, February 25th that authorizes the company to repurchase $1.50 billion in shares. This repurchase authorization authorizes the industrial products company to reacquire up to 4.8% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

XYL has been the topic of a number of recent research reports. Oppenheimer set a $165.00 target price on Xylem in a report on Thursday, February 12th. William Blair initiated coverage on Xylem in a report on Monday, January 26th. They set an “outperform” rating for the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of Xylem in a research report on Monday, December 29th. Mizuho set a $138.00 price objective on shares of Xylem in a research note on Wednesday, February 11th. Finally, Robert W. Baird set a $161.00 price objective on shares of Xylem in a research report on Wednesday, February 11th. Nine research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus 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.