Oak Thistle LLC Buys New Position in Xylem Inc. $XYL

Oak Thistle LLC bought a new stake in Xylem Inc. (NYSE:XYL) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 27,328 shares of the industrial products company’s stock, valued at approximately $3,722,000. Xylem accounts for about 0.5% of Oak Thistle LLC’s investment portfolio, making the stock its 13th biggest position.

A number of other large investors have also recently made changes to their positions in the company. State of Wyoming boosted its position in shares of Xylem by 10.4% in the 3rd quarter. State of Wyoming now owns 756 shares of the industrial products company’s stock valued at $112,000 after purchasing an additional 71 shares during the period. Orion Porfolio Solutions LLC boosted its position in shares of Xylem by 1.0% in the 3rd quarter. Orion Porfolio Solutions LLC now owns 7,802 shares of the industrial products company’s stock valued at $1,151,000 after purchasing an additional 74 shares during the period. Journey Strategic Wealth LLC boosted its position in shares of Xylem by 1.5% in the 3rd quarter. Journey Strategic Wealth LLC now owns 5,107 shares of the industrial products company’s stock valued at $753,000 after purchasing an additional 77 shares during the period. Quest Investment Management LLC boosted its position in shares of Xylem by 1.0% in the 3rd quarter. Quest Investment Management LLC now owns 7,588 shares of the industrial products company’s stock valued at $1,119,000 after purchasing an additional 77 shares during the period. Finally, Keel Point LLC boosted its position in shares of Xylem by 4.6% in the 3rd quarter. Keel Point LLC now owns 1,784 shares of the industrial products company’s stock valued at $263,000 after purchasing an additional 79 shares during the period. 87.96% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have weighed in on the company. William Blair assumed coverage on Xylem in a research report on Monday, January 26th. They set an “outperform” rating for the company. Barclays decreased their price objective on Xylem from $166.00 to $156.00 and set an “overweight” rating for the company in a research report on Wednesday, February 11th. UBS Group reaffirmed a “buy” rating and set a $155.00 price objective on shares of Xylem in a research report on Friday, February 13th. TD Cowen reaffirmed a “hold” rating on shares of Xylem in a research report on Monday, February 23rd. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $130.00 price objective (down from $140.00) on shares of Xylem in a research report on Tuesday, March 31st. Nine equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $155.54.

Xylem Stock Up 0.3%

XYL opened at $124.26 on Wednesday. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.62 and a quick ratio of 1.28. The business has a 50 day simple moving average of $126.89 and a 200-day simple moving average of $137.41. The stock has a market capitalization of $30.21 billion, a P/E ratio of 31.70, a P/E/G ratio of 1.74 and a beta of 1.18. Xylem Inc. has a 12 month low of $100.72 and a 12 month high of $154.27.

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%.The firm’s revenue was up 6.3% compared to the same quarter last year. During the same period in the previous year, the company posted $1.18 earnings per share. Xylem has set its FY 2026 guidance at 5.350-5.560 EPS. On average, equities analysts anticipate that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem declared that its board has authorized a stock repurchase plan on Wednesday, February 25th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the industrial products company to purchase up to 4.8% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

Xylem Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Tuesday, February 24th were paid a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Tuesday, February 24th. This is an increase from Xylem’s previous quarterly dividend of $0.40. Xylem’s dividend payout ratio (DPR) is 43.88%.

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.