Securian Asset Management Inc. Trims Stock Holdings in Xylem Inc. $XYL

Securian Asset Management Inc. lessened its position in shares of Xylem Inc. (NYSE:XYL) by 1.2% during the second quarter, HoldingsChannel reports. The institutional investor owned 12,693 shares of the industrial products company’s stock after selling 159 shares during the quarter. Securian Asset Management Inc.’s holdings in Xylem were worth $1,642,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of XYL. Valley National Advisers Inc. lifted its holdings in Xylem by 84.9% during the 1st quarter. Valley National Advisers Inc. now owns 220 shares of the industrial products company’s stock worth $26,000 after buying an additional 101 shares during the last quarter. Maseco LLP bought a new position in Xylem during the 2nd quarter worth approximately $31,000. ST Germain D J Co. Inc. lifted its holdings in Xylem by 950.0% during the 2nd quarter. ST Germain D J Co. Inc. now owns 252 shares of the industrial products company’s stock worth $33,000 after buying an additional 228 shares during the last quarter. Headlands Technologies LLC lifted its holdings in Xylem by 90.6% during the 1st quarter. Headlands Technologies LLC now owns 305 shares of the industrial products company’s stock worth $36,000 after buying an additional 145 shares during the last quarter. Finally, Signature Resources Capital Management LLC bought a new position in Xylem during the 2nd quarter worth approximately $39,000. Institutional investors own 87.96% of the company’s stock.

Insiders Place Their Bets

In related news, CAO Geri-Michelle Mcshane sold 1,000 shares of Xylem 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 of the company’s stock, valued at $413,861.72. This trade represents a 25.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.27% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Wall Street Zen upgraded Xylem from a “hold” rating to a “buy” rating in a research report on Saturday, August 9th. Cowen reiterated a “hold” rating on shares of Xylem in a research report on Tuesday, August 26th. Stifel Nicolaus lifted their price target on Xylem from $162.00 to $175.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Barclays initiated coverage on Xylem in a research note on Friday, September 19th. They set an “overweight” rating and a $165.00 price objective for the company. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Xylem in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, Xylem presently has an average rating of “Moderate Buy” and a consensus target price of $154.67.

Xylem Stock Down 0.8%

XYL opened at $146.03 on Thursday. Xylem Inc. has a 1-year low of $100.47 and a 1-year high of $151.16. The company has a current ratio of 1.90, a quick ratio of 1.43 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $35.54 billion, a price-to-earnings ratio of 37.93, a P/E/G ratio of 2.51 and a beta of 1.13. The business has a 50 day moving average of $143.52 and a 200-day moving average of $131.94.

Xylem (NYSE:XYL) last posted its quarterly earnings data on Thursday, July 31st. The industrial products company reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.15 by $0.11. Xylem had a return on equity of 10.33% and a net margin of 10.74%.The company had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.20 billion. During the same period in the prior year, the business earned $1.09 earnings per share. Xylem’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. As a group, sell-side analysts anticipate that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Thursday, August 28th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Thursday, August 28th. This represents a $1.60 dividend on an annualized basis 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.