Korea Investment CORP Invests $12.56 Million in Xylem Inc. $XYL

Korea Investment CORP bought a new position in Xylem Inc. (NYSE:XYL) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 106,287 shares of the industrial products company’s stock, valued at approximately $12,564,000.

Other institutional investors also recently modified their holdings of the company. Wexford Capital LP bought a new position in shares of Xylem during the 3rd quarter valued at about $27,000. Commonwealth Retirement Investments LLC bought a new position in shares of Xylem in the fourth quarter valued at $27,000. Dunhill Financial LLC bought a new position in shares of Xylem during the 2nd quarter worth approximately $30,000. Avalon Trust Co bought a new position in Xylem in the 2nd quarter valued at about $35,000. Finally, Entrust Financial LLC acquired a new stake in Xylem in the 4th quarter worth about $45,000. 87.96% of the stock is owned by institutional investors.

Xylem Stock Performance

NYSE:XYL opened at $113.62 on Monday. Xylem Inc. has a 52-week low of $105.29 and a 52-week high of $154.27. The firm has a market capitalization of $26.53 billion, a PE ratio of 27.05, a P/E/G ratio of 1.57 and a beta of 1.02. The stock has a 50-day simple moving average of $118.04 and a two-hundred day simple moving average of $119.67. 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) last announced its quarterly 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. Xylem had a net margin of 11.15% and a return on equity of 11.77%. The business had revenue of $2.34 billion for the quarter, compared to analysts’ expectations of $2.34 billion. During the same quarter in the previous year, the company earned $1.26 EPS. The business’s quarterly revenue was up 1.5% compared to the same quarter last year. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. Analysts forecast that Xylem Inc. will post 5.67 EPS for the current year.

Xylem Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, August 27th will be paid a $0.43 dividend. 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 (DPR) is currently 40.95%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on XYL shares. UBS Group boosted 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. Jefferies Financial Group raised Xylem from a “hold” rating to a “buy” rating and increased their price objective for the company from $130.00 to $140.00 in a report on Thursday, June 25th. Barclays increased their price target on shares of Xylem from $154.00 to $159.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Oppenheimer decreased their price objective on shares of Xylem from $160.00 to $158.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 29th. Finally, Citigroup reissued a “buy” rating on shares of Xylem in a report on Wednesday, July 29th. Nine research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $154.23.

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.