Jupiter Topco LLC Invests $5.50 Million in Xylem Inc. $XYL

Jupiter Topco LLC bought a new stake in shares of Xylem Inc. (NYSE:XYL) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 46,459 shares of the industrial products company’s stock, valued at approximately $5,495,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in XYL. Commonwealth Retirement Investments LLC purchased a new stake in shares of Xylem during the fourth quarter worth about $27,000. Wexford Capital LP purchased a new position in shares of Xylem in the 3rd quarter valued at approximately $27,000. Dunhill Financial LLC acquired a new stake in Xylem in the 2nd quarter worth approximately $30,000. Avalon Trust Co acquired a new stake in Xylem in the 2nd quarter worth approximately $35,000. Finally, Global Assets Advisory LLC purchased a new stake in Xylem during the 1st quarter worth approximately $40,000. 87.96% of the stock is currently owned by hedge funds and other institutional investors.

Xylem Stock Performance

XYL opened at $110.39 on Tuesday. The firm has a fifty day moving average price of $118.18 and a 200 day moving average price of $118.58. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.61 and a quick ratio of 1.24. Xylem Inc. has a 1 year low of $105.29 and a 1 year high of $154.27. The stock has a market cap of $25.77 billion, a P/E ratio of 26.28, a P/E/G ratio of 1.64 and a beta of 1.02.

Xylem (NYSE:XYL) last posted its earnings results on Tuesday, July 28th. The industrial products company reported $1.46 EPS for the quarter, beating analysts’ consensus estimates of $1.34 by $0.12. The firm had revenue of $2.34 billion for 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 last year, the firm earned $1.26 EPS. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. Equities research analysts anticipate that Xylem Inc. will post 5.66 earnings per share for the current year.

Xylem Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 27th will be issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Thursday, August 27th. Xylem’s dividend payout ratio (DPR) is presently 40.95%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on XYL. Barclays boosted their price objective on shares of Xylem from $154.00 to $159.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Stifel Nicolaus raised their target price on Xylem from $157.00 to $160.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Citigroup reaffirmed a “buy” rating on shares of Xylem in a research report on Wednesday, July 29th. UBS Group increased their price objective on Xylem from $135.00 to $138.00 and gave the company a “neutral” rating in a report on Thursday, August 13th. Finally, CLSA upgraded Xylem to a “hold” rating in a research note on Thursday, June 25th. Nine 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.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $155.00.

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.