Xylem Inc. $XYL Position Trimmed by Gabelli Funds LLC

Gabelli Funds LLC trimmed its holdings in shares of Xylem Inc. (NYSE:XYL) by 1.8% during the third quarter, Holdings Channel reports. The firm owned 456,380 shares of the industrial products company’s stock after selling 8,220 shares during the quarter. Gabelli Funds LLC’s holdings in Xylem were worth $67,316,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Cramer Rosenthal Mcglynn LLC boosted its holdings in shares of Xylem by 0.6% in the 3rd quarter. Cramer Rosenthal Mcglynn LLC now owns 136,602 shares of the industrial products company’s stock valued at $20,149,000 after buying an additional 828 shares during the period. Orion Porfolio Solutions LLC raised its stake in Xylem by 1.0% during the third quarter. Orion Porfolio Solutions LLC now owns 7,802 shares of the industrial products company’s stock worth $1,151,000 after acquiring an additional 74 shares during the period. IFG Advisory LLC raised its stake in Xylem by 9.3% during the third quarter. IFG Advisory LLC now owns 26,301 shares of the industrial products company’s stock worth $3,880,000 after acquiring an additional 2,237 shares during the period. Cambria Investment Management L.P. lifted its holdings in Xylem by 1.5% in the third quarter. Cambria Investment Management L.P. now owns 10,066 shares of the industrial products company’s stock worth $1,485,000 after acquiring an additional 150 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in Xylem by 9.2% in the third quarter. Dimensional Fund Advisors LP now owns 2,019,807 shares of the industrial products company’s stock valued at $297,857,000 after acquiring an additional 169,688 shares during the period. 87.96% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

XYL has been the subject of several recent research reports. Wall Street Zen lowered Xylem from a “buy” rating to a “hold” rating in a report on Saturday, December 27th. The Goldman Sachs Group set a $158.00 price objective on Xylem in a research report on Wednesday, February 11th. Stifel Nicolaus lowered their price objective on Xylem from $178.00 to $175.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. UBS Group reaffirmed a “buy” rating and issued a $155.00 target price on shares of Xylem in a research report on Friday, February 13th. Finally, Citigroup cut their target price on Xylem from $182.00 to $174.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th. Nine equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $158.08.

Xylem Price Performance

Shares of NYSE:XYL opened at $123.16 on Friday. The firm’s 50 day moving average is $135.51 and its two-hundred day moving average is $140.61. The firm has a market capitalization of $29.95 billion, a P/E ratio of 31.42, a PEG ratio of 1.81 and a beta of 1.17. The company has a current ratio of 1.62, a quick ratio of 1.28 and a debt-to-equity ratio of 0.12. Xylem Inc. has a 52 week low of $100.47 and a 52 week high of $154.27.

Xylem (NYSE:XYL) last issued its quarterly earnings data on Tuesday, February 10th. The industrial products company reported $1.42 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.42. Xylem had a return on equity of 11.11% and a net margin of 10.59%.During the same quarter in the prior year, the firm earned $1.18 earnings per share. The business’s revenue was up 6.3% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.350-5.560 EPS. Analysts anticipate that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, February 24th will be paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Tuesday, February 24th. This is an increase from Xylem’s previous quarterly dividend of $0.40. Xylem’s dividend payout ratio (DPR) is presently 43.88%.

Xylem declared that its Board of Directors has approved a share repurchase plan on Wednesday, February 25th that allows the company to buyback $1.50 billion in outstanding shares. This buyback authorization allows the industrial products company to purchase up to 4.8% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its shares are undervalued.

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.