34,513 Shares in Xylem Inc. $XYL Purchased by Capital Innovations LLC

Capital Innovations LLC bought a new position in shares of Xylem Inc. (NYSE:XYL) in the 4th quarter, HoldingsChannel.com reports. The firm bought 34,513 shares of the industrial products company’s stock, valued at approximately $4,700,000. Xylem makes up approximately 1.3% of Capital Innovations LLC’s portfolio, making the stock its 28th largest position.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. AQR Capital Management LLC lifted its stake in Xylem by 14.4% during the first quarter. AQR Capital Management LLC now owns 30,955 shares of the industrial products company’s stock worth $3,645,000 after purchasing an additional 3,900 shares during the last quarter. NewEdge Advisors LLC lifted its stake in Xylem by 3.3% during the first quarter. NewEdge Advisors LLC now owns 4,151 shares of the industrial products company’s stock worth $496,000 after purchasing an additional 132 shares during the last quarter. Empowered Funds LLC lifted its stake in Xylem by 56.1% during the first quarter. Empowered Funds LLC now owns 8,678 shares of the industrial products company’s stock worth $1,037,000 after purchasing an additional 3,120 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Xylem by 97.6% during the second quarter. Arrowstreet Capital Limited Partnership now owns 11,151 shares of the industrial products company’s stock worth $1,442,000 after purchasing an additional 5,509 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in Xylem by 114.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,192 shares of the industrial products company’s stock worth $154,000 after purchasing an additional 635 shares during the last quarter. 87.96% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

XYL has been the subject of several research analyst reports. The Goldman Sachs Group set a $158.00 price target on Xylem in a research note on Wednesday, February 11th. Robert W. Baird set a $161.00 target price on Xylem in a research note on Wednesday, February 11th. Citigroup lowered their target price on Xylem from $174.00 to $168.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Weiss Ratings lowered Xylem from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 8th. Finally, Jefferies Financial Group reissued a “hold” rating and issued a $130.00 target price (down from $140.00) on shares of Xylem in a research note on Tuesday, March 31st. Seven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Xylem has a consensus rating of “Moderate Buy” and an average target price of $152.77.

Xylem Trading Up 1.8%

NYSE XYL opened at $110.30 on Wednesday. Xylem Inc. has a 1-year low of $105.29 and a 1-year high of $154.27. The company has a current ratio of 1.46, a quick ratio of 1.10 and a debt-to-equity ratio of 0.13. The stock has a 50-day moving average of $117.60 and a 200-day moving average of $129.31. The firm has a market cap of $26.22 billion, a PE ratio of 27.44, a price-to-earnings-growth ratio of 1.54 and a beta of 1.04.

Xylem (NYSE:XYL) last released its earnings results on Tuesday, April 28th. The industrial products company reported $1.12 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.03. Xylem had a return on equity of 11.26% and a net margin of 10.79%.The company had revenue of $2.13 billion during the quarter, compared to analyst estimates of $2.11 billion. During the same quarter in the previous year, the company posted $1.03 EPS. Xylem’s revenue for the quarter was up 2.7% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. As a group, sell-side analysts forecast that Xylem Inc. will post 5.51 EPS for the current year.

Xylem Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, May 28th will be given a dividend of $0.43 per share. The ex-dividend date of this dividend is Thursday, May 28th. This represents a $1.72 dividend on an annualized basis and a yield of 1.6%. Xylem’s dividend payout ratio is presently 42.79%.

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

Insider Buying and Selling

In other Xylem news, CAO Geri-Michelle Mcshane sold 4,269 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $117.46, for a total transaction of $501,436.74. Following the completion of the transaction, the chief accounting officer owned 3,605 shares of the company’s stock, valued at $423,443.30. This represents a 54.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Jerome A. Peribere purchased 1,210 shares of the stock in a transaction on Monday, May 4th. The shares were acquired at an average cost of $116.61 per share, with a total value of $141,098.10. Following the transaction, the director directly owned 27,209 shares in the company, valued at $3,172,841.49. The trade was a 4.65% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Corporate insiders own 0.32% of the company’s stock.

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.