TSP Capital Management Group LLC Has $13.01 Million Stock Holdings in Xylem Inc. $XYL

TSP Capital Management Group LLC trimmed its position in Xylem Inc. (NYSE:XYL) by 11.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 88,232 shares of the industrial products company’s stock after selling 11,701 shares during the quarter. Xylem makes up 3.5% of TSP Capital Management Group LLC’s holdings, making the stock its 13th largest position. TSP Capital Management Group LLC’s holdings in Xylem were worth $13,014,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. AQR Capital Management LLC boosted its stake in shares of Xylem by 14.4% during the 1st quarter. AQR Capital Management LLC now owns 30,955 shares of the industrial products company’s stock worth $3,645,000 after acquiring an additional 3,900 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Xylem by 9.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 44,750 shares of the industrial products company’s stock valued at $5,346,000 after buying an additional 4,021 shares during the last quarter. NewEdge Advisors LLC raised its holdings in Xylem by 3.3% in the 1st quarter. NewEdge Advisors LLC now owns 4,151 shares of the industrial products company’s stock valued at $496,000 after acquiring an additional 132 shares during the period. UniSuper Management Pty Ltd boosted its holdings in shares of Xylem by 2.1% during the first quarter. UniSuper Management Pty Ltd now owns 112,143 shares of the industrial products company’s stock worth $13,397,000 after acquiring an additional 2,296 shares during the period. Finally, USS Investment Management Ltd grew its position in shares of Xylem by 5.4% in the first quarter. USS Investment Management Ltd now owns 28,135 shares of the industrial products company’s stock valued at $3,361,000 after purchasing an additional 1,441 shares during the last quarter. Institutional investors own 87.96% of the company’s stock.

Insider Transactions at Xylem

In other news, Director Victoria D. Harker sold 1,700 shares of the firm’s stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $148.14, for a total value of $251,838.00. Following the sale, the director directly owned 16,875 shares in the company, valued at approximately $2,499,862.50. This trade represents a 9.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Claudia S. Toussaint sold 10,421 shares of the company’s stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $152.64, for a total transaction of $1,590,661.44. Following the transaction, the executive vice president owned 31,250 shares of the company’s stock, valued at approximately $4,770,000. This represents a 25.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.27% of the stock is currently owned by corporate insiders.

Xylem Stock Up 0.7%

XYL stock opened at $137.12 on Monday. Xylem Inc. has a 52 week low of $100.47 and a 52 week high of $154.27. The business has a 50-day simple moving average of $142.18 and a 200 day simple moving average of $140.32. The company has a quick ratio of 1.50, a current ratio of 1.96 and a debt-to-equity ratio of 0.17. The company has a market cap of $33.38 billion, a PE ratio of 35.25, a price-to-earnings-growth ratio of 1.94 and a beta of 1.17.

Xylem (NYSE:XYL) last announced its quarterly earnings data on Tuesday, October 28th. The industrial products company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.23 by $0.14. Xylem had a net margin of 10.66% and a return on equity of 10.77%. The business had revenue of $2.27 billion during the quarter, compared to the consensus estimate of $2.22 billion. During the same period in the previous year, the business earned $1.11 earnings per share. The company’s revenue was up 7.8% on a year-over-year basis. Xylem has set its FY 2025 guidance at 5.030-5.080 EPS. Sell-side analysts anticipate that Xylem Inc. will post 4.65 EPS for the current fiscal year.

Xylem Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Tuesday, November 25th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Tuesday, November 25th. This represents a $1.60 annualized dividend and a yield of 1.2%. Xylem’s payout ratio is presently 41.13%.

Analyst Ratings Changes

Several research firms recently weighed in on XYL. Citigroup lifted their price target on Xylem from $173.00 to $182.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Stifel Nicolaus increased their price objective on Xylem from $175.00 to $178.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Barclays boosted their target price on shares of Xylem from $165.00 to $172.00 and gave the company an “overweight” rating in a research report on Wednesday, October 29th. UBS Group raised their price target on shares of Xylem from $168.00 to $175.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. Finally, Robert W. Baird set a $178.00 price objective on shares of Xylem in a research note on Wednesday, October 29th. Eight research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $167.40.

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.