Los Angeles Capital Management LLC Cuts Stock Position in Xylem Inc. $XYL

Los Angeles Capital Management LLC lessened its position in Xylem Inc. (NYSE:XYL) by 24.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 203,431 shares of the industrial products company’s stock after selling 66,260 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Xylem were worth $27,703,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of XYL. MCF Advisors LLC increased its holdings in Xylem by 24.7% during the 4th quarter. MCF Advisors LLC now owns 935 shares of the industrial products company’s stock worth $127,000 after purchasing an additional 185 shares during the period. BI Asset Management Fondsmaeglerselskab A S increased its holdings in Xylem by 88.4% during the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 270,104 shares of the industrial products company’s stock worth $35,822,000 after purchasing an additional 126,737 shares during the period. Pinebridge Investments LLC purchased a new stake in Xylem during the 4th quarter worth about $1,070,000. Parallel Advisors LLC increased its holdings in Xylem by 3.5% during the 4th quarter. Parallel Advisors LLC now owns 47,664 shares of the industrial products company’s stock worth $6,491,000 after purchasing an additional 1,616 shares during the period. Finally, Vise Technologies Inc. increased its holdings in Xylem by 6.2% during the 4th quarter. Vise Technologies Inc. now owns 2,752 shares of the industrial products company’s stock worth $375,000 after purchasing an additional 161 shares during the period. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on XYL shares. The Goldman Sachs Group set a $158.00 price target on Xylem in a report on Wednesday, February 11th. Royal Bank Of Canada dropped their price objective on Xylem from $176.00 to $162.00 and set an “outperform” rating on the stock in a report on Wednesday, February 11th. Barclays dropped their price objective on Xylem from $156.00 to $154.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. Weiss Ratings downgraded Xylem from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 8th. Finally, TD Cowen reiterated a “hold” rating on shares of Xylem in a report on Monday, February 23rd. Seven analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, Xylem currently has an average rating of “Moderate Buy” and a consensus price target of $152.77.

Xylem Trading Down 0.1%

XYL opened at $109.84 on Monday. Xylem Inc. has a one year low of $105.29 and a one year high of $154.27. The company has a market cap of $26.11 billion, a P/E ratio of 27.32, a PEG ratio of 1.56 and a beta of 1.05. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.10 and a current ratio of 1.46. The business’s 50-day simple moving average is $116.75 and its 200-day simple moving average is $128.33.

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

Xylem Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, May 28th will be given a $0.43 dividend. The ex-dividend date of this dividend is Thursday, May 28th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.6%. Xylem’s dividend payout ratio is 42.79%.

Xylem announced that its Board of Directors has initiated a share repurchase plan on Wednesday, February 25th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the industrial products company to repurchase up to 4.8% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

Insider Transactions at Xylem

In other news, Director Jerome A. Peribere bought 1,210 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The stock was purchased at an average cost of $116.61 per share, with a total value of $141,098.10. Following the transaction, the director directly owned 27,209 shares in the company, valued at $3,172,841.49. This trade represents a 4.65% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Geri-Michelle Mcshane sold 4,269 shares of the company’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $117.46, for a total value of $501,436.74. Following the completion of the sale, the chief accounting officer directly owned 3,605 shares of the company’s stock, valued at approximately $423,443.30. This trade represents a 54.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.32% of the stock is owned by corporate insiders.

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.