Trust Co. of Vermont Buys Shares of 7,149 Xylem Inc. $XYL

Trust Co. of Vermont bought a new position in Xylem Inc. (NYSE:XYL) in the 2nd quarter, Holdings Channel reports. The firm bought 7,149 shares of the industrial products company’s stock, valued at approximately $845,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Commonwealth Retirement Investments LLC bought a new stake in shares of Xylem in the fourth quarter valued at about $27,000. Wexford Capital LP bought a new position in Xylem during the 3rd quarter worth about $27,000. Avalon Trust Co bought a new position in Xylem during the 2nd quarter worth about $35,000. Global Assets Advisory LLC purchased a new position in Xylem during the 1st quarter valued at about $40,000. Finally, FWL Investment Management LLC bought a new stake in shares of Xylem in the 2nd quarter valued at about $43,000. Institutional investors own 87.96% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Mizuho upped their price target on shares of Xylem from $124.00 to $130.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 29th. Citigroup reissued a “buy” rating on shares of Xylem in a research note on Wednesday, July 29th. Royal Bank Of Canada upped their target price on Xylem from $159.00 to $164.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Barclays increased their target price on Xylem from $154.00 to $159.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Xylem in a report on Wednesday, August 5th. Nine equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, Xylem presently has a consensus rating of “Moderate Buy” and a consensus target price of $154.23.

Xylem Price Performance

Shares of XYL opened at $113.98 on Wednesday. The company has a 50 day moving average of $117.69 and a two-hundred day moving average of $120.18. The company has a quick ratio of 1.24, a current ratio of 1.61 and a debt-to-equity ratio of 0.23. Xylem Inc. has a twelve month low of $105.29 and a twelve month high of $154.27. The company has a market cap of $26.61 billion, a price-to-earnings ratio of 27.14, a price-to-earnings-growth ratio of 1.66 and a beta of 1.02.

Xylem (NYSE:XYL) last issued its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.34 by $0.12. Xylem had a return on equity of 11.77% and a net margin of 11.15%.The business had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.34 billion. During the same period in the prior year, the firm posted $1.26 earnings per share. The business’s quarterly revenue was up 1.5% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. As a group, analysts predict that Xylem Inc. will post 5.67 earnings per share for the current fiscal year.

Xylem Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, August 27th will be given a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Thursday, August 27th. Xylem’s dividend payout ratio is currently 40.95%.

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.