Fulcrum Capital LLC Has $7.63 Million Holdings in Xylem Inc. $XYL

Fulcrum Capital LLC boosted its holdings in Xylem Inc. (NYSE:XYL) by 1.9% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 58,999 shares of the industrial products company’s stock after acquiring an additional 1,094 shares during the quarter. Xylem makes up approximately 1.6% of Fulcrum Capital LLC’s holdings, making the stock its 21st biggest holding. Fulcrum Capital LLC’s holdings in Xylem were worth $7,632,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Farther Finance Advisors LLC raised its position in Xylem by 30.4% in the first quarter. Farther Finance Advisors LLC now owns 1,797 shares of the industrial products company’s stock valued at $215,000 after purchasing an additional 419 shares during the last quarter. GAMMA Investing LLC raised its position in Xylem by 29.1% in the first quarter. GAMMA Investing LLC now owns 4,241 shares of the industrial products company’s stock valued at $507,000 after purchasing an additional 956 shares during the last quarter. SG Americas Securities LLC raised its position in Xylem by 40.4% in the first quarter. SG Americas Securities LLC now owns 11,604 shares of the industrial products company’s stock valued at $1,386,000 after purchasing an additional 3,338 shares during the last quarter. Integrated Advisors Network LLC raised its position in Xylem by 3.5% in the first quarter. Integrated Advisors Network LLC now owns 5,612 shares of the industrial products company’s stock valued at $670,000 after purchasing an additional 191 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its position in Xylem by 56.6% in the first quarter. Assenagon Asset Management S.A. now owns 349,319 shares of the industrial products company’s stock valued at $41,730,000 after purchasing an additional 126,245 shares during the last quarter. 87.96% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have commented on the company. Citigroup increased their target price on Xylem from $168.00 to $173.00 and gave the company a “buy” rating in a research report on Thursday. TD Cowen increased their price target on Xylem from $125.00 to $130.00 and gave the company a “hold” rating in a research note on Tuesday, August 26th. Mizuho increased their price target on Xylem from $125.00 to $140.00 and gave the company a “neutral” rating in a research note on Friday, September 12th. Barclays began coverage on Xylem in a research note on Friday, September 19th. They issued an “overweight” rating and a $165.00 price target for the company. Finally, Cowen reissued a “hold” rating on shares of Xylem in a research note on Tuesday, August 26th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $154.67.

Xylem Trading Down 1.7%

Shares of XYL stock opened at $144.30 on Friday. The company has a market cap of $35.12 billion, a P/E ratio of 37.48, a PEG ratio of 2.54 and a beta of 1.13. The stock has a 50 day simple moving average of $143.08 and a two-hundred day simple moving average of $130.35. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.43 and a current ratio of 1.90. Xylem Inc. has a fifty-two week low of $100.47 and a fifty-two week high of $151.16.

Xylem (NYSE:XYL) last issued its earnings results on Thursday, July 31st. The industrial products company reported $1.26 earnings per share for the quarter, topping analysts’ consensus estimates of $1.15 by $0.11. The business had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.20 billion. Xylem had a return on equity of 10.33% and a net margin of 10.74%.The firm’s revenue for the quarter was up 6.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.09 earnings per share. Xylem has set its FY 2025 guidance at 4.700-4.850 EPS. Research analysts forecast that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Thursday, August 28th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Thursday, August 28th. Xylem’s payout ratio is presently 41.56%.

Insiders Place Their Bets

In other Xylem news, CAO Geri-Michelle Mcshane sold 1,000 shares of Xylem stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $139.96, for a total value of $139,960.00. Following the completion of the sale, the chief accounting officer directly owned 2,957 shares in the company, valued at approximately $413,861.72. The trade was a 25.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.27% of the company’s stock.

About Xylem

Xylem Inc, together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions worldwide. It operates through four segments: Water Infrastructure, Applied Water, Measurement & Control Solutions, and Integrated Solutions and Services. The Water Infrastructure segment offers products, including water, storm water, and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment and rental services under the ADI, Flygt, Godwin, Sanitaire, Magneto, Neptune Benson, Ionpure, Leopold, Wedeco, and Xylem Vue brands.