Capital Financial Group Inc. Co. ADV purchased a new stake in Xylem Inc. (NYSE:XYL – Free Report) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 5,196 shares of the industrial products company’s stock, valued at approximately $708,000.
Other institutional investors have also recently bought and sold shares of the company. Knuff & Co LLC acquired a new stake in shares of Xylem during the third quarter worth $27,000. Wexford Capital LP acquired a new stake in shares of Xylem during the third quarter worth $27,000. Commonwealth Retirement Investments LLC acquired a new stake in shares of Xylem during the fourth quarter worth $27,000. Ramirez Asset Management Inc. raised its holdings in shares of Xylem by 100.0% during the third quarter. Ramirez Asset Management Inc. now owns 200 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 100 shares during the period. Finally, Board of the Pension Protection Fund acquired a new stake in shares of Xylem during the fourth quarter worth $27,000. Institutional investors own 87.96% of the company’s stock.
Insider Transactions at Xylem
In related news, CAO Geri-Michelle Mcshane sold 4,269 shares of Xylem stock in a transaction dated 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 in the company, valued at approximately $423,443.30. This trade represents a 54.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Jerome A. Peribere purchased 1,210 shares of Xylem stock in a transaction that occurred on Monday, May 4th. The shares were acquired at an average price of $116.61 per share, with a total value of $141,098.10. Following the acquisition, the director directly owned 27,209 shares of the company’s stock, valued at $3,172,841.49. This trade represents a 4.65% increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 0.32% of the company’s stock.
Analyst Ratings Changes
Check Out Our Latest Research Report on Xylem
Xylem Trading Up 0.9%
Xylem stock opened at $111.03 on Tuesday. Xylem Inc. has a 52 week low of $105.29 and a 52 week high of $154.27. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.10 and a current ratio of 1.46. The stock has a market capitalization of $26.39 billion, a P/E ratio of 27.62, a PEG ratio of 1.57 and a beta of 1.05. The stock has a 50-day simple moving average of $115.57 and a 200 day simple moving average of $127.04.
Xylem (NYSE:XYL – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $1.12 EPS for the quarter, topping 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 business had revenue of $2.13 billion during the quarter, compared to analysts’ expectations of $2.11 billion. During the same quarter last year, the company posted $1.03 earnings per share. Xylem’s quarterly revenue was up 2.7% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. Analysts expect that Xylem Inc. will post 5.51 earnings per share for the current year.
Xylem declared that its Board of Directors has approved a share buyback plan on Wednesday, February 25th that authorizes the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization authorizes the industrial products company to reacquire up to 4.8% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board believes its shares are undervalued.
Xylem Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, May 28th will be issued a dividend of $0.43 per share. The ex-dividend date is Thursday, May 28th. This represents a $1.72 dividend on an annualized basis and a yield of 1.5%. Xylem’s dividend payout ratio (DPR) is presently 42.79%.
About Xylem
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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