NFJ Investment Group LLC Invests $4.12 Million in Xylem Inc. $XYL

NFJ Investment Group LLC acquired a new stake in Xylem Inc. (NYSE:XYL) during the second quarter, Holdings Channel.com reports. The firm acquired 34,823 shares of the industrial products company’s stock, valued at approximately $4,116,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. J. Stern & Co. LLP increased its holdings in Xylem by 12,326.6% in the fourth quarter. J. Stern & Co. LLP now owns 45,448,168 shares of the industrial products company’s stock worth $6,189,132,000 after purchasing an additional 45,082,435 shares in the last quarter. BlackRock Inc. bought a new position in shares of Xylem during the 2nd quarter worth approximately $2,959,730,000. Bank of New York Mellon Corp acquired a new stake in shares of Xylem during the 2nd quarter worth approximately $552,313,000. Norges Bank acquired a new stake in shares of Xylem during the 4th quarter worth approximately $361,012,000. Finally, Deutsche Bank AG bought a new stake in shares of Xylem in the 2nd quarter valued at $223,165,000. Institutional investors own 87.96% of the company’s stock.

Xylem Price Performance

Shares of NYSE:XYL opened at $113.42 on Friday. Xylem Inc. has a twelve month low of $105.29 and a twelve month high of $154.27. The stock’s 50 day moving average is $117.96 and its 200-day moving average is $119.86. The company has a quick ratio of 1.24, a current ratio of 1.61 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $26.48 billion, a price-to-earnings ratio of 27.00, a PEG ratio of 1.61 and a beta of 1.02.

Xylem (NYSE:XYL) last posted its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.12. The business had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.34 billion. Xylem had a net margin of 11.15% and a return on equity of 11.77%. Xylem’s revenue was up 1.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.26 EPS. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. Sell-side analysts forecast that Xylem Inc. will post 5.67 EPS for the current fiscal year.

Xylem Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, August 27th will be issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Thursday, August 27th. Xylem’s dividend payout ratio (DPR) is currently 40.95%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on XYL shares. Citigroup reiterated a “buy” rating on shares of Xylem in a research report on Wednesday, July 29th. Oppenheimer reduced their price target on shares of Xylem from $160.00 to $158.00 and set an “outperform” rating for the company in a report on Wednesday, April 29th. Royal Bank Of Canada lifted their price target on shares of Xylem from $159.00 to $164.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Xylem in a research report on Wednesday, August 5th. Finally, Stifel Nicolaus raised their target price on Xylem from $157.00 to $160.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Nine analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $154.23.

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.