ProShare Advisors LLC Raises Stock Position in Xylem Inc. $XYL

ProShare Advisors LLC raised its stake in Xylem Inc. (NYSE:XYL) by 13.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 56,275 shares of the industrial products company’s stock after buying an additional 6,692 shares during the period. ProShare Advisors LLC’s holdings in Xylem were worth $7,664,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Knuff & Co LLC purchased a new position in Xylem in the third quarter valued at about $27,000. Board of the Pension Protection Fund purchased a new position in Xylem in the fourth quarter valued at about $27,000. Wexford Capital LP purchased a new position in Xylem in the third quarter valued at about $27,000. Ramirez Asset Management Inc. increased its holdings in Xylem by 100.0% in the third quarter. Ramirez Asset Management Inc. now owns 200 shares of the industrial products company’s stock valued at $30,000 after buying an additional 100 shares in the last quarter. Finally, Grey Fox Wealth Advisors LLC purchased a new position in Xylem in the third quarter valued at about $34,000. 87.96% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Xylem news, CAO Geri-Michelle Mcshane sold 4,269 shares of Xylem stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $117.46, for a total value of $501,436.74. Following the transaction, the chief accounting officer owned 3,605 shares in the company, valued at $423,443.30. This trade represents a 54.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Jerome A. Peribere purchased 1,210 shares of the firm’s stock in a transaction on Monday, May 4th. The stock was bought at an average price of $116.61 per share, for a total transaction of $141,098.10. Following the acquisition, the director owned 27,209 shares in the company, valued at $3,172,841.49. The trade was a 4.65% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.32% of the stock is owned by company insiders.

Xylem Stock Up 0.5%

Shares of XYL opened at $108.75 on Friday. The firm has a market cap of $25.85 billion, a PE ratio of 27.05, a price-to-earnings-growth ratio of 1.54 and a beta of 1.08. The company’s fifty day moving average is $119.12 and its two-hundred day moving average is $131.31. Xylem Inc. has a fifty-two week low of $105.29 and a fifty-two week high of $154.27. The company has a quick ratio of 1.10, a current ratio of 1.46 and a debt-to-equity ratio of 0.13.

Xylem (NYSE:XYL) last announced its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $1.12 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.03. The company had revenue of $2.13 billion for the quarter, compared to analyst estimates of $2.11 billion. Xylem had a net margin of 10.79% and a return on equity of 11.26%. Xylem’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter last year, the business earned $1.03 EPS. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. Analysts forecast that Xylem Inc. will post 5.51 earnings per share for the current year.

Xylem declared that its Board of Directors has approved a share buyback plan on Wednesday, February 25th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the industrial products company to reacquire up to 4.8% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s management believes its stock is undervalued.

Xylem Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, May 28th will be issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Thursday, May 28th. Xylem’s dividend payout ratio (DPR) is 42.79%.

Analysts Set New Price Targets

A number of research analysts have issued reports on XYL shares. TD Cowen reaffirmed a “hold” rating on shares of Xylem in a report on Monday, February 23rd. Stifel Nicolaus lowered their price target on shares of Xylem from $163.00 to $159.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Oppenheimer lowered their price target on shares of Xylem from $160.00 to $158.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 29th. Mizuho set a $138.00 price target on shares of Xylem in a research report on Wednesday, February 11th. Finally, William Blair began coverage on shares of Xylem in a research report on Monday, January 26th. They issued an “outperform” rating on the stock. Seven 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, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $152.77.

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.