Coppell Advisory Solutions LLC bought a new stake in Xylem Inc. (NYSE:XYL – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 5,574 shares of the industrial products company’s stock, valued at approximately $659,000.
Several other hedge funds and other institutional investors have also modified their holdings of the company. Commonwealth Retirement Investments LLC purchased a new stake in shares of Xylem in the 4th quarter valued at $27,000. Wexford Capital LP purchased a new position in Xylem during the 3rd quarter valued at about $27,000. Dunhill Financial LLC acquired a new position in Xylem in the 2nd quarter valued at about $30,000. Avalon Trust Co acquired a new position in Xylem in the 2nd quarter valued at about $35,000. Finally, Orion Capital Management LLC purchased a new stake in Xylem during the second quarter worth about $35,000. 87.96% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
XYL has been the topic of several research reports. Robert W. Baird increased their price target on shares of Xylem from $163.00 to $165.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Stifel Nicolaus upped their target price on shares of Xylem from $157.00 to $160.00 and gave the stock a “buy” rating in a research note 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. Royal Bank Of Canada raised their price target on shares of Xylem from $159.00 to $164.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Finally, Citigroup restated 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 company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $155.00.
Xylem Stock Performance
Shares of XYL opened at $106.78 on Thursday. The stock has a 50-day simple moving average of $117.99 and a 200-day simple moving average of $118.31. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.24 and a current ratio of 1.61. The stock has a market capitalization of $24.93 billion, a PE ratio of 25.42, a PEG ratio of 1.72 and a beta of 1.00. Xylem Inc. has a 1 year low of $105.29 and a 1 year high of $154.27.
Xylem (NYSE:XYL – Get Free Report) last released its earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share for the quarter, topping analysts’ consensus estimates of $1.34 by $0.12. The firm had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.34 billion. Xylem had a net margin of 11.15% and a return on equity of 11.77%. The business’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.26 earnings per share. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. On average, analysts predict that Xylem Inc. will post 5.66 earnings per share for the current fiscal year.
Xylem Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders 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%.
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.
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