LRI Investments LLC Trims Stake in Xylem Inc. $XYL

LRI Investments LLC reduced its stake in Xylem Inc. (NYSE:XYL) by 34.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,000 shares of the industrial products company’s stock after selling 1,064 shares during the quarter. LRI Investments LLC’s holdings in Xylem were worth $259,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. CWM LLC lifted its holdings in Xylem by 15.7% in the 2nd quarter. CWM LLC now owns 9,988 shares of the industrial products company’s stock valued at $1,292,000 after purchasing an additional 1,353 shares in the last quarter. OFI Invest Asset Management lifted its stake in shares of Xylem by 3.9% during the second quarter. OFI Invest Asset Management now owns 228,866 shares of the industrial products company’s stock valued at $29,606,000 after buying an additional 8,586 shares during the period. Vanguard Personalized Indexing Management LLC lifted its stake in shares of Xylem by 0.4% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 47,256 shares of the industrial products company’s stock valued at $6,113,000 after buying an additional 206 shares during the period. Concurrent Investment Advisors LLC purchased a new position in shares of Xylem during the second quarter valued at approximately $225,000. Finally, Fifth Third Wealth Advisors LLC lifted its stake in shares of Xylem by 12.2% during the second quarter. Fifth Third Wealth Advisors LLC now owns 2,476 shares of the industrial products company’s stock valued at $320,000 after buying an additional 270 shares during the period. 87.96% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

XYL has been the topic of a number of recent analyst reports. Zacks Research raised Xylem from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 22nd. TD Cowen increased their target price on Xylem from $125.00 to $130.00 and gave the stock a “hold” rating in a research report on Tuesday, August 26th. UBS Group increased their target price on Xylem from $164.00 to $168.00 and gave the stock a “buy” rating in a research report on Tuesday, August 5th. Stifel Nicolaus increased their price objective on shares of Xylem from $162.00 to $175.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Finally, Mizuho increased their price objective on shares of Xylem from $125.00 to $140.00 and gave the stock a “neutral” rating in a report on Friday, September 12th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Xylem presently has an average rating of “Moderate Buy” and a consensus price target of $154.67.

Insider Activity at Xylem

In related news, CAO Geri-Michelle Mcshane sold 1,000 shares of the firm’s stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $139.96, for a total transaction of $139,960.00. Following the sale, the chief accounting officer directly owned 2,957 shares in the company, valued at approximately $413,861.72. This trade represents a 25.27% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.27% of the company’s stock.

Xylem Trading Down 1.7%

NYSE XYL opened at $144.30 on Monday. Xylem Inc. has a one year low of $100.47 and a one year high of $151.16. The company’s 50 day moving average price is $143.08 and its 200 day moving average price is $130.45. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.43 and a current ratio of 1.90. The firm has a market capitalization of $35.12 billion, a price-to-earnings ratio of 37.48, a PEG ratio of 2.49 and a beta of 1.13.

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

Xylem Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Thursday, August 28th were given a $0.40 dividend. The ex-dividend date of this dividend was Thursday, August 28th. This represents a $1.60 annualized dividend and a yield of 1.1%. Xylem’s dividend payout ratio (DPR) is 41.56%.

Xylem Company Profile

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.