Raiffeisen Bank International AG Raises Stake in Xylem Inc. $XYL

Raiffeisen Bank International AG increased its holdings in Xylem Inc. (NYSE:XYL) by 18.4% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 389,025 shares of the industrial products company’s stock after purchasing an additional 60,448 shares during the period. Raiffeisen Bank International AG’s holdings in Xylem were worth $45,411,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in XYL. XXEC Inc. bought a new position in Xylem during the 2nd quarter worth approximately $850,841,000. J. Stern & Co. LLP lifted its position in Xylem by 12,326.6% in the fourth quarter. J. Stern & Co. LLP now owns 45,448,168 shares of the industrial products company’s stock valued at $6,189,132,000 after purchasing an additional 45,082,435 shares during the last quarter. BlackRock Inc. purchased a new stake in shares of Xylem during the second quarter valued at approximately $2,959,730,000. Bank of New York Mellon Corp bought a new position in shares of Xylem in the second quarter worth approximately $552,313,000. Finally, Hsbc Holdings PLC purchased a new position in shares of Xylem in the second quarter worth $319,785,000. Institutional investors own 87.96% of the company’s stock.

Xylem Stock Up 1.2%

Shares of NYSE XYL opened at $107.98 on Friday. The firm has a fifty day simple moving average of $117.81 and a two-hundred day simple moving average of $118.16. Xylem Inc. has a 12 month low of $105.29 and a 12 month high of $154.27. The company has a current ratio of 1.61, a quick ratio of 1.24 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $25.21 billion, a PE ratio of 25.71, a price-to-earnings-growth ratio of 1.71 and a beta of 1.00.

Xylem (NYSE:XYL) last announced its earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share for the quarter, beating analysts’ consensus estimates of $1.34 by $0.12. Xylem had a net margin of 11.15% and a return on equity of 11.77%. The firm had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.34 billion. During the same quarter in the previous year, the firm posted $1.26 EPS. The company’s revenue for the quarter was up 1.5% compared to the same quarter last year. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. Equities analysts expect that Xylem Inc. will post 5.66 earnings per share for the current year.

Xylem Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, August 27th will be given a $0.43 dividend. The ex-dividend date of this dividend is Thursday, August 27th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.6%. Xylem’s dividend payout ratio is currently 40.95%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on XYL shares. Citigroup reiterated a “buy” rating on shares of Xylem in a report on Wednesday, July 29th. Stifel Nicolaus boosted their price objective on shares of Xylem from $157.00 to $160.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. UBS Group increased their target price on shares of Xylem from $135.00 to $138.00 and gave the stock a “neutral” rating in a report on Thursday, August 13th. Robert W. Baird raised their target price on Xylem from $163.00 to $165.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Finally, Jefferies Financial Group boosted their price target on Xylem from $145.00 to $150.00 and gave the company a “buy” rating in a report on Monday, August 24th. Nine analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Xylem has an average rating of “Moderate Buy” and an average price target of $155.00.

Xylem 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.