Hsbc Holdings PLC Has $319.79 Million Stock Position in Xylem Inc. $XYL

Hsbc Holdings PLC boosted its holdings in shares of Xylem Inc. (NYSE:XYL) by 9.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,705,479 shares of the industrial products company’s stock after purchasing an additional 234,222 shares during the period. Hsbc Holdings PLC’s holdings in Xylem were worth $319,785,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of XYL. AQR Capital Management LLC lifted its position 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 buying an additional 3,900 shares during the last quarter. NewEdge Advisors LLC boosted its stake in Xylem by 3.3% in the first quarter. NewEdge Advisors LLC now owns 4,151 shares of the industrial products company’s stock valued at $496,000 after buying an additional 132 shares in the last quarter. Empowered Funds LLC grew its position in Xylem by 56.1% in the first quarter. Empowered Funds LLC now owns 8,678 shares of the industrial products company’s stock valued at $1,037,000 after acquiring an additional 3,120 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its stake in Xylem by 97.6% during the second quarter. Arrowstreet Capital Limited Partnership now owns 11,151 shares of the industrial products company’s stock worth $1,442,000 after acquiring an additional 5,509 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in Xylem by 114.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,192 shares of the industrial products company’s stock worth $154,000 after acquiring an additional 635 shares in the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Xylem Stock Performance

Shares of XYL stock opened at $105.91 on Monday. The firm has a market capitalization of $24.73 billion, a price-to-earnings ratio of 25.22, a PEG ratio of 1.70 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 moving average price is $117.60 and its 200-day moving average price is $118.01. 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 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.12. The company had revenue of $2.34 billion during 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 firm’s revenue was up 1.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.26 earnings per share. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. Equities research analysts forecast that Xylem Inc. will post 5.66 EPS for the current year.

Xylem Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on XYL. Jefferies Financial Group raised their price target on shares of Xylem from $145.00 to $150.00 and gave the company a “buy” rating in a research note on Monday, August 24th. Weiss Ratings reiterated a “hold (c)” rating on shares of Xylem in a research report on Wednesday, August 5th. UBS Group increased their price objective on shares of Xylem from $135.00 to $138.00 and gave the company a “neutral” rating in a research note on Thursday, August 13th. Mizuho raised their target price on shares of Xylem from $124.00 to $130.00 and gave the company a “neutral” rating in a research report on Wednesday, July 29th. Finally, Stifel Nicolaus boosted their target price on shares of Xylem from $157.00 to $160.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Nine equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Xylem presently has a consensus rating of “Moderate Buy” and an average target price of $155.00.

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.