Commerce Bank Makes New Investment in Xylem Inc. $XYL

Commerce Bank purchased a new position in shares of Xylem Inc. (NYSE:XYL) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 5,241 shares of the industrial products company’s stock, valued at approximately $620,000.

Several other institutional investors have also made changes to their positions in the company. Orion Porfolio Solutions LLC grew its position in Xylem by 1.0% in the third quarter. Orion Porfolio Solutions LLC now owns 7,802 shares of the industrial products company’s stock worth $1,151,000 after acquiring an additional 74 shares in the last quarter. Quest Investment Management LLC raised its holdings in shares of Xylem by 1.0% during the 3rd quarter. Quest Investment Management LLC now owns 7,588 shares of the industrial products company’s stock valued at $1,119,000 after purchasing an additional 77 shares in the last quarter. Notis McConarty Edward raised its holdings in shares of Xylem by 0.3% during the 4th quarter. Notis McConarty Edward now owns 31,678 shares of the industrial products company’s stock valued at $4,314,000 after purchasing an additional 86 shares in the last quarter. Moneco Advisors LLC lifted its stake in shares of Xylem by 4.6% in the 4th quarter. Moneco Advisors LLC now owns 2,049 shares of the industrial products company’s stock valued at $279,000 after purchasing an additional 90 shares during the last quarter. Finally, Compound Planning Inc. lifted its stake in shares of Xylem by 4.2% in the 4th quarter. Compound Planning Inc. now owns 2,258 shares of the industrial products company’s stock valued at $308,000 after purchasing an additional 91 shares during the last quarter. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on XYL shares. Stifel Nicolaus raised their target price on Xylem from $157.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Jefferies Financial Group upped their price target on Xylem from $145.00 to $150.00 and gave the stock a “buy” rating in a research note on Monday. Citigroup reissued a “buy” rating on shares of Xylem in a report on Wednesday, July 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Xylem in a research note on Wednesday, August 5th. Finally, UBS Group boosted their target price on Xylem from $135.00 to $138.00 and gave the stock a “neutral” rating in a report on Thursday, August 13th. Nine equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $155.00.

Xylem Trading Up 0.6%

Xylem stock opened at $113.51 on Thursday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.24 and a current ratio of 1.61. The business’s 50-day simple moving average is $118.18 and its 200-day simple moving average is $119.13. The firm has a market capitalization of $26.50 billion, a PE ratio of 27.03, a PEG ratio of 1.66 and a beta of 1.02. Xylem Inc. has a 52 week low of $105.29 and a 52 week high of $154.27.

Xylem (NYSE:XYL) last announced its earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share for the quarter, beating the consensus estimate of $1.34 by $0.12. The firm had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.34 billion. Xylem had a return on equity of 11.77% and a net margin of 11.15%.The firm’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.26 EPS. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. Equities research analysts forecast that Xylem Inc. will post 5.66 earnings per share for the current year.

Xylem Announces Dividend

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

Xylem Company 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.