33,488 Shares in Xylem Inc. $XYL Acquired by Notis McConarty Edward

Notis McConarty Edward bought a new position in shares of Xylem Inc. (NYSE:XYL) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 33,488 shares of the industrial products company’s stock, valued at approximately $3,959,000. Xylem makes up 1.7% of Notis McConarty Edward’s holdings, making the stock its 22nd largest position.

A number of other institutional investors have also recently bought and sold shares of XYL. J. Stern & Co. LLP boosted its holdings in shares of Xylem by 12,326.6% in the fourth quarter. J. Stern & Co. LLP now owns 45,448,168 shares of the industrial products company’s stock valued at $6,189,132,000 after buying an additional 45,082,435 shares during the period. Vanguard Group Inc. raised its holdings in shares of Xylem by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 30,054,743 shares of the industrial products company’s stock worth $4,092,855,000 after acquiring an additional 152,507 shares during the period. BlackRock Inc. acquired a new stake in shares of Xylem during the second quarter worth $2,959,730,000. State Street Corp lifted its position in Xylem by 2.6% in the 4th quarter. State Street Corp now owns 11,233,427 shares of the industrial products company’s stock valued at $1,529,768,000 after acquiring an additional 280,221 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in Xylem by 2.4% in the 4th quarter. Geode Capital Management LLC now owns 6,357,278 shares of the industrial products company’s stock valued at $862,364,000 after acquiring an additional 151,754 shares in the last quarter. Institutional investors own 87.96% of the company’s stock.

Analyst Ratings Changes

XYL has been the subject of a number of research reports. Jefferies Financial Group upgraded Xylem from a “hold” rating to a “buy” rating and increased their target price for the stock from $130.00 to $140.00 in a report on Thursday, June 25th. Royal Bank Of Canada boosted their price target on Xylem from $159.00 to $164.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Robert W. Baird upped their price objective on Xylem from $163.00 to $165.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Stifel Nicolaus increased their price objective on Xylem from $157.00 to $160.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Finally, Oppenheimer dropped their target price on Xylem from $160.00 to $158.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 29th. Nine equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, Xylem presently has a consensus rating of “Moderate Buy” and an average price target of $154.23.

Xylem Stock Up 2.1%

Xylem stock opened at $116.28 on Thursday. The company has a current ratio of 1.61, a quick ratio of 1.24 and a debt-to-equity ratio of 0.23. Xylem Inc. has a 1-year low of $105.29 and a 1-year high of $154.27. The company has a fifty day simple moving average of $117.87 and a 200 day simple moving average of $120.03. The company has a market cap of $27.15 billion, a P/E ratio of 27.69, a price-to-earnings-growth ratio of 1.58 and a beta of 1.02.

Xylem (NYSE:XYL) last issued its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $1.46 EPS for the quarter, topping the consensus estimate of $1.34 by $0.12. The firm had revenue of $2.34 billion for the quarter, compared to analysts’ expectations of $2.34 billion. Xylem had a net margin of 11.15% and a return on equity of 11.77%. The company’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same period in the previous year, the firm posted $1.26 EPS. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. Research analysts anticipate that Xylem Inc. will post 5.67 earnings per share for the current fiscal year.

Xylem Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 27th will be paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Thursday, August 27th. Xylem’s dividend payout ratio (DPR) is currently 40.95%.

About Xylem

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.