99,549 Shares in Xylem Inc. $XYL Bought by Nykredit A S

Nykredit A S acquired a new position in shares of Xylem Inc. (NYSE:XYL) in the second quarter, Holdings Channel.com reports. The firm acquired 99,549 shares of the industrial products company’s stock, valued at approximately $11,768,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Orion Porfolio Solutions LLC increased its stake in shares of Xylem by 1.0% during the third quarter. Orion Porfolio Solutions LLC now owns 7,802 shares of the industrial products company’s stock worth $1,151,000 after purchasing an additional 74 shares in the last quarter. Quest Investment Management LLC boosted its holdings in Xylem by 1.0% in the 3rd quarter. Quest Investment Management LLC now owns 7,588 shares of the industrial products company’s stock worth $1,119,000 after buying an additional 77 shares during the last quarter. Notis McConarty Edward boosted its holdings in Xylem by 0.3% in the 4th quarter. Notis McConarty Edward now owns 31,678 shares of the industrial products company’s stock worth $4,314,000 after buying an additional 86 shares during the last quarter. Moneco Advisors LLC increased its stake in Xylem by 4.6% during the 4th quarter. Moneco Advisors LLC now owns 2,049 shares of the industrial products company’s stock worth $279,000 after buying an additional 90 shares in the last quarter. Finally, Compound Planning Inc. raised its holdings in shares of Xylem by 4.2% during the fourth quarter. Compound Planning Inc. now owns 2,258 shares of the industrial products company’s stock valued at $308,000 after acquiring an additional 91 shares during the last quarter. 87.96% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently commented on XYL shares. Barclays increased their price objective on Xylem from $154.00 to $159.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Robert W. Baird upped their target price on shares of Xylem from $163.00 to $165.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. CLSA raised shares of Xylem to a “hold” rating in a research note on Thursday, June 25th. Stifel Nicolaus boosted their price target on shares of Xylem from $157.00 to $160.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Finally, Citigroup reaffirmed a “buy” rating on shares of Xylem in a research note on Wednesday, July 29th. Nine analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, Xylem currently has an average rating of “Moderate Buy” and a consensus target price of $155.00.

Xylem Price Performance

Shares of XYL opened at $105.91 on Friday. The firm has a 50-day simple moving average of $117.60 and a two-hundred day simple moving average of $118.08. The stock has a market cap of $24.73 billion, a PE ratio of 25.22, a P/E/G ratio of 1.73 and a beta of 1.00. Xylem Inc. has a 1-year low of $105.29 and a 1-year high of $154.27. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.61 and a quick ratio of 1.24.

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

Xylem Announces Dividend

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

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.