Rice Hall James & Associates LLC Acquires New Holdings in Xylem Inc. $XYL

Rice Hall James & Associates LLC bought a new stake in Xylem Inc. (NYSE:XYL) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 7,284 shares of the industrial products company’s stock, valued at approximately $861,000.

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

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Barclays lifted their price target on shares of Xylem from $154.00 to $159.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Citigroup reissued a “buy” rating on shares of Xylem in a research report on Wednesday, July 29th. Royal Bank Of Canada boosted their target price on Xylem from $159.00 to $164.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Robert W. Baird upped their target price on Xylem from $163.00 to $165.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Finally, UBS Group raised their price target on Xylem from $135.00 to $138.00 and gave the stock a “neutral” rating in a report on Thursday, August 13th. Nine analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, Xylem has an average rating of “Moderate Buy” and an average target price of $154.23.

Xylem Trading Down 3.0%

NYSE XYL opened at $113.98 on Wednesday. Xylem Inc. has a 12-month low of $105.29 and a 12-month high of $154.27. The company has a fifty day simple moving average of $117.69 and a two-hundred day simple moving average of $120.18. The company has a current ratio of 1.61, a quick ratio of 1.24 and a debt-to-equity ratio of 0.23. The stock has a market cap of $26.61 billion, a P/E ratio of 27.14, a P/E/G ratio of 1.66 and a beta of 1.02.

Xylem (NYSE:XYL) last announced its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $2.34 billion. During the same period in the previous year, the company earned $1.26 earnings per share. The business’s quarterly revenue was up 1.5% compared to the same quarter last year. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. On average, analysts forecast that Xylem Inc. will post 5.67 earnings per share for the current year.

Xylem Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 27th will be paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 1.5%. The ex-dividend date is Thursday, August 27th. Xylem’s payout ratio is presently 40.95%.

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.