Vanguard Group Inc. Increases Stock Holdings in Xylem Inc. $XYL

Vanguard Group Inc. boosted its stake in Xylem Inc. (NYSE:XYL) by 0.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,902,236 shares of the industrial products company’s stock after acquiring an additional 204,407 shares during the period. Vanguard Group Inc. owned 12.28% of Xylem worth $4,410,580,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. SJS Investment Consulting Inc. lifted its holdings in Xylem by 1,844.4% in the third quarter. SJS Investment Consulting Inc. now owns 175 shares of the industrial products company’s stock worth $26,000 after buying an additional 166 shares during the period. First Horizon Corp bought a new position in shares of Xylem in the 3rd quarter worth approximately $30,000. Grey Fox Wealth Advisors LLC purchased a new position in shares of Xylem in the 3rd quarter valued at approximately $34,000. Caldwell Trust Co bought a new stake in shares of Xylem during the second quarter valued at approximately $41,000. Finally, FWL Investment Management LLC purchased a new stake in Xylem in the second quarter worth $43,000. 87.96% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on XYL shares. Barclays lowered their price objective on Xylem from $166.00 to $156.00 and set an “overweight” rating for the company in a research report on Wednesday, February 11th. William Blair began coverage on shares of Xylem in a research note on Monday, January 26th. They issued an “outperform” rating for the company. Citigroup dropped their price objective on shares of Xylem from $182.00 to $174.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Xylem in a research note on Monday, December 29th. Finally, Robert W. Baird set a $161.00 price target on Xylem in a research report on Wednesday, February 11th. Nine equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $158.08.

Xylem Price Performance

Shares of XYL opened at $128.02 on Wednesday. Xylem Inc. has a twelve month low of $100.47 and a twelve month high of $154.27. The company has a market capitalization of $31.17 billion, a P/E ratio of 32.66, a price-to-earnings-growth ratio of 1.83 and a beta of 1.17. The firm has a 50 day moving average of $138.10 and a 200 day moving average of $141.91. The company has a quick ratio of 1.28, a current ratio of 1.62 and a debt-to-equity ratio of 0.12.

Xylem (NYSE:XYL) last issued its earnings results on Tuesday, February 10th. The industrial products company reported $1.42 EPS for the quarter, meeting the consensus estimate of $1.42. Xylem had a return on equity of 11.11% and a net margin of 10.59%.The business had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $2.37 billion. During the same period last year, the business posted $1.18 EPS. The company’s revenue was up 6.3% compared to the same quarter last year. Xylem has set its FY 2026 guidance at 5.350-5.560 EPS. As a group, equities research analysts anticipate that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Tuesday, February 24th will be issued a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 1.3%. The ex-dividend date is Tuesday, February 24th. This is a positive change from Xylem’s previous quarterly dividend of $0.40. Xylem’s dividend payout ratio is 40.82%.

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.