Groupe la Francaise boosted its position in Xylem Inc. (NYSE:XYL – Free Report) by 21.1% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 94,672 shares of the industrial products company’s stock after acquiring an additional 16,495 shares during the period. Groupe la Francaise’s holdings in Xylem were worth $11,195,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. Wexford Capital LP purchased a new position in Xylem in the 3rd quarter valued at approximately $27,000. Commonwealth Retirement Investments LLC purchased a new stake in shares of Xylem during the fourth quarter worth $27,000. Dunhill Financial LLC bought a new position in shares of Xylem in the second quarter worth $30,000. Avalon Trust Co bought a new position in shares of Xylem in the second quarter worth $35,000. Finally, Orion Capital Management LLC purchased a new position in shares of Xylem in the second quarter valued at $35,000. 87.96% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of analysts recently issued reports on XYL shares. Jefferies Financial Group boosted their price objective on Xylem from $145.00 to $150.00 and gave the company a “buy” rating in a research note on Monday, August 24th. Barclays raised their target price on Xylem from $154.00 to $159.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Robert W. Baird upped their price target on Xylem from $163.00 to $165.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. CLSA upgraded shares of Xylem to a “hold” rating in a research report on Thursday, June 25th. Finally, Citigroup reaffirmed a “buy” rating on shares of Xylem in a research note on Wednesday, July 29th. Nine investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Xylem currently has a consensus rating of “Moderate Buy” and a consensus price target of $155.00.
Xylem Trading Up 0.2%
Shares of XYL stock opened at $105.91 on Monday. The company has a market capitalization of $24.73 billion, a PE ratio of 25.22, a price-to-earnings-growth ratio of 1.70 and a beta of 1.00. Xylem Inc. has a 52-week low of $105.29 and a 52-week high of $154.27. The business’s fifty day moving average is $117.60 and its 200 day moving average is $118.01. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.24 and a current ratio of 1.61.
Xylem (NYSE:XYL – Get Free Report) last posted its earnings results on Tuesday, July 28th. The industrial products company reported $1.46 EPS for the quarter, topping the consensus estimate of $1.34 by $0.12. The business 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 firm’s revenue was up 1.5% on a year-over-year basis. During the same period in the previous year, the business earned $1.26 earnings per share. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. On average, equities research analysts anticipate that Xylem Inc. will post 5.66 EPS for the current fiscal year.
Xylem Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, August 27th will be issued a dividend of $0.43 per share. The ex-dividend date of this dividend is Thursday, August 27th. This represents a $1.72 annualized dividend and a dividend yield of 1.6%. Xylem’s payout ratio is presently 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.
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