Quantinno Capital Management LP Has $33.42 Million Stock Position in Xylem Inc. $XYL

Quantinno Capital Management LP lessened its holdings in Xylem Inc. (NYSE:XYL) by 3.8% in the first quarter, HoldingsChannel reports. The fund owned 279,697 shares of the industrial products company’s stock after selling 11,145 shares during the period. Quantinno Capital Management LP’s holdings in Xylem were worth $33,424,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of XYL. Wexford Capital LP acquired a new stake in Xylem in the 3rd quarter worth about $27,000. Commonwealth Retirement Investments LLC bought a new position in shares of Xylem during the fourth quarter worth approximately $27,000. Global Assets Advisory LLC bought a new position in shares of Xylem during the first quarter worth approximately $40,000. FWL Investment Management LLC acquired a new stake in shares of Xylem in the second quarter valued at approximately $43,000. Finally, Entrust Financial LLC bought a new stake in shares of Xylem in the fourth quarter valued at approximately $45,000. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently issued reports on XYL. Weiss Ratings downgraded Xylem from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 8th. Robert W. Baird lifted their price objective on Xylem from $163.00 to $165.00 and gave the company an “outperform” rating in a report on Wednesday. Citigroup reiterated a “buy” rating on shares of Xylem in a research report on Wednesday. UBS Group raised their price target on Xylem from $129.00 to $135.00 and gave the stock a “neutral” rating in a research report on Thursday. Finally, Oppenheimer dropped their price target on Xylem from $160.00 to $158.00 and set an “outperform” rating for the company in a research note on Wednesday, April 29th. Nine analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $154.00.

Insider Buying and Selling at Xylem

In other Xylem news, Director Jerome A. Peribere acquired 1,210 shares of Xylem stock in a transaction that occurred on Monday, May 4th. The shares were acquired at an average cost of $116.61 per share, with a total value of $141,098.10. Following the completion of the purchase, the director directly owned 27,209 shares of the company’s stock, valued at $3,172,841.49. This represents a 4.65% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Geri-Michelle Mcshane sold 4,269 shares of Xylem stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $117.46, for a total value of $501,436.74. Following the completion of the transaction, the chief accounting officer owned 3,605 shares in the company, valued at approximately $423,443.30. This represents a 54.22% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.32% of the stock is owned by corporate insiders.

Xylem Stock Performance

Shares of NYSE:XYL opened at $117.01 on Friday. Xylem Inc. has a 1 year low of $105.29 and a 1 year high of $154.27. The stock has a market capitalization of $27.32 billion, a price-to-earnings ratio of 27.86, a price-to-earnings-growth ratio of 1.70 and a beta of 1.03. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.61 and a quick ratio of 1.10. The company’s 50 day simple moving average is $115.09 and its 200 day simple moving average is $122.16.

Xylem (NYSE:XYL) last released its earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share for the quarter, topping the consensus estimate of $1.34 by $0.12. The firm had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $2.34 billion. Xylem had a return on equity of 11.77% and a net margin of 11.15%.The company’s quarterly revenue was up 1.5% on a year-over-year basis. During the same period in the prior year, the company earned $1.26 earnings per share. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. As a group, research analysts predict that Xylem Inc. will post 5.64 EPS for the current fiscal year.

Xylem Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Thursday, May 28th were given a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Thursday, May 28th. Xylem’s dividend payout ratio is currently 42.79%.

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.