Delaney Dennis R Raises Stake in Xylem Inc. $XYL

Delaney Dennis R grew its stake in shares of Xylem Inc. (NYSE:XYL) by 2.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 31,672 shares of the industrial products company’s stock after purchasing an additional 750 shares during the quarter. Xylem makes up approximately 2.1% of Delaney Dennis R’s investment portfolio, making the stock its 22nd largest position. Delaney Dennis R’s holdings in Xylem were worth $4,097,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in shares of Xylem by 1.3% during the first quarter. Vanguard Group Inc. now owns 29,006,544 shares of the industrial products company’s stock valued at $3,465,122,000 after purchasing an additional 362,127 shares during the period. Swedbank AB boosted its stake in shares of Xylem by 13.9% during the second quarter. Swedbank AB now owns 4,366,932 shares of the industrial products company’s stock valued at $564,906,000 after purchasing an additional 531,890 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Xylem by 7.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,024,500 shares of the industrial products company’s stock valued at $480,767,000 after purchasing an additional 274,123 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of Xylem by 689.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 3,708,963 shares of the industrial products company’s stock valued at $443,074,000 after purchasing an additional 3,239,203 shares during the period. Finally, Northern Trust Corp lifted its stake in Xylem by 2.9% in the first quarter. Northern Trust Corp now owns 3,362,993 shares of the industrial products company’s stock worth $401,743,000 after acquiring an additional 94,560 shares during the period. 87.96% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CAO Geri-Michelle Mcshane sold 1,000 shares of the company’s stock in a transaction dated 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 owned 2,957 shares in the company, valued at $413,861.72. This represents a 25.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.27% of the company’s stock.

Xylem Stock Performance

Shares of Xylem stock opened at $144.30 on Monday. The company has a market capitalization of $35.12 billion, a PE ratio of 37.48, a P/E/G ratio of 2.49 and a beta of 1.13. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.43 and a current ratio of 1.90. The company has a 50-day simple moving average of $143.08 and a two-hundred day simple moving average of $130.45. Xylem Inc. has a one year low of $100.47 and a one year high of $151.16.

Xylem (NYSE:XYL) last announced its earnings results on Thursday, July 31st. The industrial products company reported $1.26 EPS for the quarter, topping analysts’ consensus estimates of $1.15 by $0.11. The business had revenue of $2.30 billion during 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 firm’s revenue was up 6.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.09 earnings per share. Xylem has set its FY 2025 guidance at 4.700-4.850 EPS. Research analysts expect that Xylem Inc. will post 4.65 EPS for the current fiscal year.

Xylem Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Citigroup upped their price objective on shares of Xylem from $168.00 to $173.00 and gave the stock a “buy” rating in a research note on Thursday. Wall Street Zen raised shares of Xylem from a “hold” rating to a “buy” rating in a research note on Saturday, August 9th. TD Cowen upped their price objective on shares of Xylem from $125.00 to $130.00 and gave the stock a “hold” rating in a research note on Tuesday, August 26th. Stifel Nicolaus upped their price objective on shares of Xylem from $162.00 to $175.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Finally, Cowen reaffirmed a “hold” rating on shares of Xylem in a research note on Tuesday, August 26th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $154.67.

About Xylem

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.