Y Intercept Hong Kong Ltd Acquires 13,404 Shares of Xylem Inc. $XYL

Y Intercept Hong Kong Ltd grew its holdings in Xylem Inc. (NYSE:XYL) by 204.2% during the 1st quarter, Holdings Channel reports. The fund owned 19,969 shares of the industrial products company’s stock after buying an additional 13,404 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Xylem were worth $2,386,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of XYL. Leonteq Securities AG raised its holdings in Xylem by 6.8% in the 1st quarter. Leonteq Securities AG now owns 6,634 shares of the industrial products company’s stock worth $793,000 after purchasing an additional 422 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its holdings in Xylem by 69.3% during the first quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 108,939 shares of the industrial products company’s stock valued at $13,018,000 after purchasing an additional 44,600 shares during the period. Fideuram Intesa Sanpaolo Private Banking S.P.A. increased its position in Xylem by 3.3% in the first quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. now owns 91,015 shares of the industrial products company’s stock worth $10,876,000 after buying an additional 2,929 shares in the last quarter. Strs Ohio increased its position in Xylem by 28.3% in the first quarter. Strs Ohio now owns 215,520 shares of the industrial products company’s stock worth $25,755,000 after buying an additional 47,591 shares in the last quarter. Finally, TSP Capital Management Group LLC raised its stake in shares of Xylem by 0.5% in the first quarter. TSP Capital Management Group LLC now owns 88,014 shares of the industrial products company’s stock worth $10,518,000 after buying an additional 404 shares during the period. Institutional investors own 87.96% of the company’s stock.

Wall Street Analyst Weigh In

XYL has been the topic of a number of analyst reports. Stifel Nicolaus lowered their price objective on Xylem from $163.00 to $159.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Jefferies Financial Group upgraded shares of Xylem from a “hold” rating to a “buy” rating and raised their target price for the stock from $130.00 to $140.00 in a research note on Thursday, June 25th. Barclays dropped their price target on shares of Xylem from $156.00 to $154.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. JPMorgan Chase & Co. reduced their price objective on shares of Xylem from $170.00 to $160.00 and set an “overweight” rating for the company in a research note on Thursday, April 16th. Finally, UBS Group raised their price objective on shares of Xylem from $132.00 to $133.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Xylem presently has an average rating of “Moderate Buy” and a consensus price target of $153.54.

Xylem Stock Down 1.7%

Shares of XYL opened at $118.65 on Thursday. The business’s 50 day moving average is $112.50 and its 200 day moving average is $124.20. The company has a current ratio of 1.46, a quick ratio of 1.10 and a debt-to-equity ratio of 0.13. Xylem Inc. has a 12-month low of $105.29 and a 12-month high of $154.27. The company has a market capitalization of $28.20 billion, a PE ratio of 29.52, a price-to-earnings-growth ratio of 1.72 and a beta of 1.03.

Xylem (NYSE:XYL) last announced its quarterly earnings data 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 business had revenue of $2.12 billion during 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%. The company’s revenue was up 2.7% on a year-over-year basis. During the same period last year, the firm posted $1.03 EPS. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. Research analysts expect that Xylem Inc. will post 5.51 earnings per share for the current fiscal year.

Xylem Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Thursday, May 28th were given a dividend of $0.43 per share. The ex-dividend date was Thursday, May 28th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.4%. Xylem’s dividend payout ratio is currently 42.79%.

Insider Buying and Selling at Xylem

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 sale, the chief accounting officer directly owned 3,605 shares in the company, valued at approximately $423,443.30. The trade was a 54.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Jerome A. Peribere bought 1,210 shares of Xylem stock in a transaction dated Monday, May 4th. The stock was purchased at an average cost of $116.61 per share, for a total transaction of $141,098.10. Following the completion of the acquisition, the director directly owned 27,209 shares of the company’s stock, valued at approximately $3,172,841.49. The trade was a 4.65% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.32% of the company’s stock.

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.