Cullen Capital Management LLC Takes $965,000 Position in Xylem Inc. $XYL

Cullen Capital Management LLC bought a new position in Xylem Inc. (NYSE:XYL) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 8,167 shares of the industrial products company’s stock, valued at approximately $965,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. AQR Capital Management LLC lifted its stake in Xylem by 14.4% in the 1st 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 in the last quarter. NewEdge Advisors LLC grew its position in shares of Xylem by 3.3% during the first quarter. NewEdge Advisors LLC now owns 4,151 shares of the industrial products company’s stock valued at $496,000 after purchasing an additional 132 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of Xylem by 56.1% in 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 increased its holdings in shares of Xylem by 97.6% in 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 position in shares of Xylem by 114.0% in the second quarter. EverSource Wealth Advisors LLC now owns 1,192 shares of the industrial products company’s stock worth $154,000 after buying an additional 635 shares in the last quarter. Institutional investors own 87.96% of the company’s stock.

Xylem Trading Up 0.7%

Shares of XYL stock opened at $114.18 on Tuesday. Xylem Inc. has a 1 year low of $105.29 and a 1 year high of $154.27. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.61 and a quick ratio of 1.24. The stock’s 50 day simple moving average is $118.10 and its two-hundred day simple moving average is $119.50. The company has a market cap of $26.66 billion, a PE ratio of 27.19, a price-to-earnings-growth ratio of 1.57 and a beta of 1.02.

Xylem (NYSE:XYL) last posted its quarterly earnings data 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 analyst estimates of $2.34 billion. Xylem had a return on equity of 11.77% and a net margin of 11.15%.The company’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same period last year, the company earned $1.26 EPS. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. Research analysts predict that Xylem Inc. will post 5.67 earnings per share for the current year.

Xylem Dividend Announcement

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

Analysts Set New Price Targets

Several equities analysts have weighed in on XYL shares. Stifel Nicolaus raised their price target on Xylem from $157.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Xylem in a research report on Wednesday, August 5th. Royal Bank Of Canada raised their target price on shares of Xylem from $159.00 to $164.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Barclays boosted their price target on shares of Xylem from $154.00 to $159.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Finally, CLSA upgraded shares of Xylem to a “hold” rating in a research report on Thursday, June 25th. Nine analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, Xylem presently has a consensus rating of “Moderate Buy” and an average price target of $155.00.

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.