Sei Investments Co. Decreases Position in Xylem Inc. $XYL

Sei Investments Co. lessened its position in shares of Xylem Inc. (NYSE:XYL) by 23.6% during the first quarter, Holdings Channel reports. The institutional investor owned 501,858 shares of the industrial products company’s stock after selling 155,106 shares during the quarter. Sei Investments Co.’s holdings in Xylem were worth $59,972,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the business. Cetera Investment Advisers grew its holdings in shares of Xylem by 16.7% during the first quarter. Cetera Investment Advisers now owns 44,716 shares of the industrial products company’s stock worth $5,344,000 after purchasing an additional 6,402 shares in the last quarter. Militia Capital Management LLC bought a new position in shares of Xylem in the 1st quarter worth $311,000. First Trust Advisors LP increased its holdings in shares of Xylem by 2.9% in the 1st quarter. First Trust Advisors LP now owns 678,971 shares of the industrial products company’s stock worth $81,137,000 after buying an additional 18,933 shares during the last quarter. Danica Pension Livsforsikringsaktieselskab raised its position in shares of Xylem by 4.0% during the 1st quarter. Danica Pension Livsforsikringsaktieselskab now owns 102,670 shares of the industrial products company’s stock valued at $12,269,000 after buying an additional 3,910 shares in the last quarter. Finally, ABN Amro Investment Solutions lifted its holdings in shares of Xylem by 53.1% during the 1st quarter. ABN Amro Investment Solutions now owns 370,627 shares of the industrial products company’s stock worth $44,290,000 after acquiring an additional 128,480 shares during the last quarter. Institutional investors own 87.96% of the company’s stock.

Insider Activity at Xylem

In other Xylem news, CAO Geri-Michelle Mcshane sold 4,269 shares of the firm’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $117.46, for a total transaction of $501,436.74. Following the completion of the transaction, the chief accounting officer owned 3,605 shares of the company’s stock, valued at approximately $423,443.30. This trade represents a 54.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Jerome A. Peribere bought 1,210 shares of the company’s stock in a transaction dated Monday, May 4th. The shares were acquired at an average price of $116.61 per share, for a total transaction of $141,098.10. Following the acquisition, the director owned 27,209 shares in the company, valued at approximately $3,172,841.49. This represents a 4.65% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.32% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on XYL shares. Oppenheimer cut their price objective on Xylem from $160.00 to $158.00 and set an “outperform” rating for the company in a report on Wednesday, April 29th. Jefferies Financial Group upgraded Xylem from a “hold” rating to a “buy” rating and boosted their target price for the stock from $130.00 to $140.00 in a research report on Thursday, June 25th. Royal Bank Of Canada upped their target price on Xylem from $157.00 to $159.00 and gave the stock an “outperform” rating in a research note on Thursday, July 16th. Weiss Ratings downgraded shares of Xylem from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 8th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Xylem from $170.00 to $160.00 and set an “overweight” rating for the company in a report on Thursday, April 16th. Eight equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $153.15.

Xylem Price Performance

Shares of Xylem stock opened at $119.66 on Friday. The company’s fifty day simple moving average is $114.04 and its two-hundred day simple moving average is $122.82. Xylem Inc. has a 12-month low of $105.29 and a 12-month high of $154.27. The firm has a market cap of $28.44 billion, a PE ratio of 29.77, a price-to-earnings-growth ratio of 1.70 and a beta of 1.03. The company has a quick ratio of 1.10, a current ratio of 1.46 and a debt-to-equity ratio of 0.13.

Xylem (NYSE:XYL) last announced its earnings results on Tuesday, April 28th. The industrial products company reported $1.12 EPS for the quarter, beating analysts’ consensus estimates of $1.09 by $0.03. Xylem had a return on equity of 11.26% and a net margin of 10.79%.The company had revenue of $2.12 billion during the quarter, compared to the consensus estimate of $2.11 billion. During the same quarter in the prior year, the company earned $1.03 earnings per share. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. As a group, equities analysts expect that Xylem Inc. will post 5.52 EPS for the current year.

Xylem Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Thursday, May 28th were paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Thursday, May 28th. Xylem’s dividend payout ratio (DPR) is presently 42.79%.

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.