Apollon Wealth Management LLC Sells 190 Shares of Xylem Inc. $XYL

Apollon Wealth Management LLC lowered its stake in Xylem Inc. (NYSE:XYL) by 1.1% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,821 shares of the industrial products company’s stock after selling 190 shares during the quarter. Apollon Wealth Management LLC’s holdings in Xylem were worth $2,305,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Valley National Advisers Inc. increased its stake in shares of Xylem by 84.9% in the 1st quarter. Valley National Advisers Inc. now owns 220 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 101 shares in the last quarter. Maseco LLP bought a new stake in shares of Xylem in the 2nd quarter valued at $31,000. Center for Financial Planning Inc. increased its stake in shares of Xylem by 52.0% in the 1st quarter. Center for Financial Planning Inc. now owns 266 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 91 shares in the last quarter. ST Germain D J Co. Inc. increased its stake in shares of Xylem by 950.0% in the 2nd quarter. ST Germain D J Co. Inc. now owns 252 shares of the industrial products company’s stock valued at $33,000 after acquiring an additional 228 shares in the last quarter. Finally, Headlands Technologies LLC increased its stake in shares of Xylem by 90.6% in the 1st quarter. Headlands Technologies LLC now owns 305 shares of the industrial products company’s stock valued at $36,000 after acquiring an additional 145 shares in the last quarter. Institutional investors own 87.96% of the company’s stock.

Xylem Price Performance

XYL opened at $144.30 on Monday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.90 and a quick ratio of 1.43. The company has a market capitalization of $35.12 billion, a price-to-earnings ratio of 37.48, a P/E/G ratio of 2.49 and a beta of 1.13. The firm’s fifty day moving average price is $143.08 and its two-hundred day moving average price is $130.45. Xylem Inc. has a 1 year low of $100.47 and a 1 year high of $151.16.

Xylem (NYSE:XYL) last posted its quarterly earnings data on Thursday, July 31st. The industrial products company reported $1.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.15 by $0.11. The firm had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.20 billion. Xylem had a net margin of 10.74% and a return on equity of 10.33%. The business’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.09 EPS. Xylem has set its FY 2025 guidance at 4.700-4.850 EPS. As a group, analysts anticipate that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Thursday, August 28th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, August 28th. Xylem’s payout ratio is currently 41.56%.

Analyst Ratings Changes

XYL has been the subject of several research analyst reports. Citigroup lifted their price objective on shares of Xylem from $168.00 to $173.00 and gave the company a “buy” rating in a research note on Thursday. TD Cowen lifted their price target on shares of Xylem from $125.00 to $130.00 and gave the company a “hold” rating in a research report on Tuesday, August 26th. Cowen reissued a “hold” rating on shares of Xylem in a research report on Tuesday, August 26th. Zacks Research raised shares of Xylem from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 22nd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Xylem in a research report 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. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $154.67.

Insider Transactions at Xylem

In other Xylem news, CAO Geri-Michelle Mcshane sold 1,000 shares of Xylem stock in a transaction on Friday, September 5th. The shares were sold at an average price of $139.96, for a total transaction of $139,960.00. Following the transaction, the chief accounting officer directly owned 2,957 shares of the company’s stock, valued at $413,861.72. The trade was a 25.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.27% of the stock is owned by corporate insiders.

Xylem 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.