Xylem Inc. $XYL Shares Acquired by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA increased its stake in Xylem Inc. (NYSE:XYL) by 22.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 35,202 shares of the industrial products company’s stock after acquiring an additional 6,370 shares during the quarter. Union Bancaire Privee UBP SA’s holdings in Xylem were worth $4,677,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. 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 in the last quarter. NewEdge Advisors LLC increased its stake 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 purchasing an additional 132 shares in the last quarter. Empowered Funds LLC increased its stake in Xylem by 56.1% in the 1st quarter. Empowered Funds LLC now owns 8,678 shares of the industrial products company’s stock valued at $1,037,000 after purchasing an additional 3,120 shares in the last quarter. Creative Planning raised its holdings in Xylem by 5.1% during the second quarter. Creative Planning now owns 42,760 shares of the industrial products company’s stock worth $5,531,000 after purchasing an additional 2,075 shares during the last quarter. Finally, Cetera Investment Advisers boosted its position in Xylem by 12.2% during the second quarter. Cetera Investment Advisers now owns 27,990 shares of the industrial products company’s stock worth $3,621,000 after purchasing an additional 3,050 shares in the last quarter. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Citigroup lowered their target price on Xylem from $182.00 to $174.00 and set a “buy” rating on the stock in a report on Wednesday, February 11th. Barclays decreased their price objective on shares of Xylem from $166.00 to $156.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 11th. Robert W. Baird set a $161.00 price objective on shares of Xylem in a research note on Wednesday, February 11th. The Goldman Sachs Group set a $158.00 target price on shares of Xylem in a report on Wednesday, February 11th. Finally, Mizuho set a $138.00 target price on shares of Xylem in a research report on Wednesday, February 11th. Nine equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $158.08.

Xylem Price Performance

NYSE:XYL opened at $120.30 on Friday. The firm has a market cap of $29.25 billion, a price-to-earnings ratio of 30.69, a price-to-earnings-growth ratio of 1.72 and a beta of 1.17. The company has a current ratio of 1.62, a quick ratio of 1.28 and a debt-to-equity ratio of 0.12. The company’s 50-day moving average is $132.03 and its two-hundred day moving average is $139.12. Xylem Inc. has a 12-month low of $100.47 and a 12-month high of $154.27.

Xylem (NYSE:XYL) last issued its quarterly earnings results on Tuesday, February 10th. The industrial products company reported $1.42 EPS for the quarter, hitting analysts’ consensus estimates of $1.42. Xylem had a net margin of 10.59% and a return on equity of 11.11%. The company’s revenue was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.18 earnings per share. Xylem has set its FY 2026 guidance at 5.350-5.560 EPS. Research analysts expect that Xylem Inc. will post 4.65 EPS for the current year.

Xylem Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, February 24th will be issued a $0.43 dividend. This is a boost from Xylem’s previous quarterly dividend of $0.40. The ex-dividend date is Tuesday, February 24th. This represents a $1.72 annualized dividend and a yield of 1.4%. Xylem’s payout ratio is presently 43.88%.

Xylem announced that its Board of Directors has approved a share buyback plan on Wednesday, February 25th that allows the company to repurchase $1.50 billion in shares. This repurchase authorization allows the industrial products company to buy up to 4.8% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

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.