Quantitative Investment Management LLC Sells 11,489 Shares of Xylem Inc. $XYL

Quantitative Investment Management LLC decreased its holdings in Xylem Inc. (NYSE:XYL) by 83.9% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,205 shares of the industrial products company’s stock after selling 11,489 shares during the quarter. Quantitative Investment Management LLC’s holdings in Xylem were worth $260,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of XYL. XXEC Inc. bought a new position in Xylem during the 2nd quarter valued at about $850,841,000. J. Stern & Co. LLP boosted its stake in Xylem by 12,326.6% in the fourth quarter. J. Stern & Co. LLP now owns 45,448,168 shares of the industrial products company’s stock valued at $6,189,132,000 after acquiring an additional 45,082,435 shares during the last quarter. BlackRock Inc. acquired a new position in shares of Xylem during the 2nd quarter worth about $2,959,730,000. State Street Corp raised its stake in Xylem by 2.6% during the 4th quarter. State Street Corp now owns 11,233,427 shares of the industrial products company’s stock worth $1,529,768,000 after buying an additional 280,221 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in shares of Xylem by 2.4% in the fourth quarter. Geode Capital Management LLC now owns 6,357,278 shares of the industrial products company’s stock valued at $862,364,000 after buying an additional 151,754 shares during the period. 87.96% of the stock is currently owned by institutional investors.

Xylem Price Performance

Xylem stock opened at $106.78 on Thursday. The company has a market cap of $24.93 billion, a price-to-earnings ratio of 25.42, a PEG ratio of 1.72 and a beta of 1.00. The company has a current ratio of 1.61, a quick ratio of 1.24 and a debt-to-equity ratio of 0.23. The business’s 50 day simple moving average is $117.99 and its 200 day simple moving average is $118.31. Xylem Inc. has a 12 month low of $105.29 and a 12 month high of $154.27.

Xylem (NYSE:XYL) last released its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $1.46 EPS for the quarter, topping the consensus estimate of $1.34 by $0.12. Xylem had a net margin of 11.15% and a return on equity of 11.77%. The company had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.34 billion. During the same period last year, the firm earned $1.26 EPS. Xylem’s revenue for the quarter was up 1.5% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. Sell-side analysts forecast that Xylem Inc. will post 5.66 EPS for the current year.

Xylem Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 27th will be paid a $0.43 dividend. The ex-dividend date is Thursday, August 27th. This represents a $1.72 annualized dividend and a yield of 1.6%. Xylem’s dividend payout ratio (DPR) is currently 40.95%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. CLSA raised Xylem to a “hold” rating in a research report on Thursday, June 25th. Jefferies Financial Group upped their price objective on Xylem from $145.00 to $150.00 and gave the stock a “buy” rating in a research report on Monday, August 24th. Barclays upped their price target on shares of Xylem from $154.00 to $159.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Citigroup restated a “buy” rating on shares of Xylem in a research report on Wednesday, July 29th. Finally, Mizuho upped their target price on Xylem from $124.00 to $130.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 29th. Nine equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price 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.