Xylem Inc. $XYL Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC increased its stake in shares of Xylem Inc. (NYSE:XYL) by 413.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 191,864 shares of the industrial products company’s stock after buying an additional 154,505 shares during the period. SG Americas Securities LLC owned about 0.08% of Xylem worth $26,128,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in Xylem in the second quarter valued at about $338,232,000. Schroder Investment Management Group boosted its stake in shares of Xylem by 2,055.2% during the 3rd quarter. Schroder Investment Management Group now owns 1,192,682 shares of the industrial products company’s stock worth $171,687,000 after acquiring an additional 1,137,342 shares in the last quarter. Swedbank AB grew its holdings in shares of Xylem by 19.0% in the 3rd quarter. Swedbank AB now owns 5,197,753 shares of the industrial products company’s stock worth $766,669,000 after acquiring an additional 830,821 shares during the period. Amundi grew its holdings in shares of Xylem by 17.0% in the 2nd quarter. Amundi now owns 5,714,576 shares of the industrial products company’s stock worth $730,717,000 after acquiring an additional 830,337 shares during the period. Finally, Voya Investment Management LLC increased its stake in Xylem by 544.0% in the 3rd quarter. Voya Investment Management LLC now owns 868,755 shares of the industrial products company’s stock valued at $128,141,000 after purchasing an additional 733,860 shares in the last quarter. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently issued reports on XYL. Stifel Nicolaus reduced their price objective on Xylem from $178.00 to $175.00 and set a “buy” rating for the company in a report on Wednesday, February 11th. William Blair started coverage on Xylem in a research report on Monday, January 26th. They issued an “outperform” rating for the company. Royal Bank Of Canada cut their price target on Xylem from $176.00 to $162.00 and set an “outperform” rating for the company in a research note on Wednesday, February 11th. Citigroup decreased their price objective on shares of Xylem from $182.00 to $174.00 and set a “buy” rating on the stock in a research report on Wednesday, February 11th. Finally, Barclays lowered their price objective on shares of Xylem from $166.00 to $156.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 11th. Nine investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Xylem has an average rating of “Moderate Buy” and an average price target of $158.08.

Xylem Price Performance

XYL stock opened at $119.41 on Friday. The stock’s 50 day moving average price is $130.38 and its 200 day moving average price is $138.56. The firm has a market cap of $29.03 billion, a P/E ratio of 30.46, a PEG ratio of 1.74 and a beta of 1.17. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.28 and a current ratio of 1.62. Xylem Inc. has a 1 year low of $100.47 and a 1 year high of $154.27.

Xylem (NYSE:XYL) last released its quarterly earnings results on Tuesday, February 10th. The industrial products company reported $1.42 earnings per share 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 business earned $1.18 earnings per share. The firm’s revenue for the quarter was up 6.3% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.350-5.560 EPS. On average, sell-side analysts expect that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem announced that its board has initiated a stock buyback program on Wednesday, February 25th that permits the company to buyback $1.50 billion in outstanding shares. This buyback authorization permits the industrial products company to purchase up to 4.8% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

Xylem Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Tuesday, February 24th were given a dividend of $0.43 per share. The ex-dividend date was Tuesday, February 24th. This represents a $1.72 dividend on an annualized basis and a yield of 1.4%. This is a boost from Xylem’s previous quarterly dividend of $0.40. Xylem’s dividend payout ratio (DPR) is 43.88%.

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.