Xylem Inc. $XYL Shares Sold by California State Teachers Retirement System

California State Teachers Retirement System reduced its holdings in shares of Xylem Inc. (NYSE:XYL) by 2.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 396,305 shares of the industrial products company’s stock after selling 8,308 shares during the quarter. California State Teachers Retirement System owned 0.17% of Xylem worth $47,358,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in XYL. Wexford Capital LP bought a new stake in shares of Xylem in the 3rd quarter worth about $27,000. Commonwealth Retirement Investments LLC bought a new position in shares of Xylem during the fourth quarter worth about $27,000. Global Assets Advisory LLC bought a new position in shares of Xylem during the first quarter worth about $40,000. FWL Investment Management LLC acquired a new position in Xylem in the second quarter worth about $43,000. Finally, Entrust Financial LLC bought a new stake in Xylem in the fourth quarter valued at about $45,000. Institutional investors and hedge funds own 87.96% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on XYL. Citigroup reaffirmed a “buy” rating on shares of Xylem in a report on Wednesday. Stifel Nicolaus boosted their price target on Xylem from $157.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday. Robert W. Baird upped their price target on Xylem from $163.00 to $165.00 and gave the company an “outperform” rating in a research report on Wednesday. Mizuho raised their price objective on Xylem from $124.00 to $130.00 and gave the stock a “neutral” rating in a research note on Wednesday. Finally, Barclays lifted their price objective on shares of Xylem from $154.00 to $159.00 and gave the stock an “overweight” rating in a report on Wednesday. Nine research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $154.00.

Xylem Trading Down 4.2%

Shares of NYSE:XYL opened at $117.01 on Friday. The company has a quick ratio of 1.10, a current ratio of 1.61 and a debt-to-equity ratio of 0.23. The company’s 50-day moving average price is $115.09 and its 200 day moving average price is $122.16. The company has a market cap of $27.32 billion, a PE ratio of 27.86, a P/E/G ratio of 1.70 and a beta of 1.03. Xylem Inc. has a fifty-two week low of $105.29 and a fifty-two week high of $154.27.

Xylem (NYSE:XYL) last posted its earnings results on Tuesday, July 28th. The industrial products company reported $1.46 EPS for the quarter, topping the consensus estimate of $1.34 by $0.12. Xylem had a net margin of 11.15% and a return on equity of 11.77%. The firm had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $2.34 billion. During the same quarter in the prior year, the firm earned $1.26 EPS. Xylem’s quarterly revenue was up 1.5% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. Sell-side analysts anticipate that Xylem Inc. will post 5.64 earnings per share for the current year.

Xylem Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Thursday, May 28th were issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Thursday, May 28th. Xylem’s dividend payout ratio is 42.79%.

Insider Activity at Xylem

In other Xylem news, CAO Geri-Michelle Mcshane sold 4,269 shares of Xylem stock in a transaction 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 sale, the chief accounting officer owned 3,605 shares of the company’s stock, valued at $423,443.30. The trade was a 54.22% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jerome A. Peribere purchased 1,210 shares of Xylem stock in a transaction 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 transaction, the director directly owned 27,209 shares in the company, valued at $3,172,841.49. This trade represents a 4.65% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.32% of the stock is owned by company insiders.

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.