Insider Selling: Xylem (NYSE:XYL) CAO Sells 1,000 Shares of Stock

Xylem Inc. (NYSE:XYL) CAO Geri-Michelle Mcshane sold 1,000 shares of Xylem stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $139.96, for a total transaction of $139,960.00. Following the completion of the transaction, the chief accounting officer directly owned 2,957 shares in the company, valued at approximately $413,861.72. This trade represents a 25.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Xylem Stock Performance

Shares of XYL stock opened at $140.52 on Monday. Xylem Inc. has a 1-year low of $100.47 and a 1-year high of $145.33. The company has a market capitalization of $34.20 billion, a price-to-earnings ratio of 36.50, a P/E/G ratio of 2.43 and a beta of 1.09. The company has a current ratio of 1.90, a quick ratio of 1.43 and a debt-to-equity ratio of 0.17. The stock’s fifty day simple moving average is $137.36 and its 200-day simple moving average is $127.20.

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

Xylem Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Thursday, August 28th will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, August 28th. Xylem’s payout ratio is currently 41.56%.

Analysts Set New Price Targets

XYL has been the topic of several analyst reports. Stifel Nicolaus increased their target price on shares of Xylem from $162.00 to $175.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Wall Street Zen raised Xylem from a “hold” rating to a “buy” rating in a research report on Saturday, August 9th. JPMorgan Chase & Co. started coverage on shares of Xylem in a report on Friday, May 30th. They set an “overweight” rating and a $148.00 price objective for the company. Cowen reissued a “hold” rating on shares of Xylem in a research report on Tuesday, August 26th. Finally, UBS Group raised their price target on Xylem from $164.00 to $168.00 and gave the company a “buy” rating in a research report on Tuesday, August 5th. Six investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $152.29.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Valley National Advisers Inc. boosted its position in shares of Xylem by 84.9% during the first quarter. Valley National Advisers Inc. now owns 220 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 101 shares in the last quarter. Perkins Coie Trust Co bought a new position in Xylem during the first quarter worth about $27,000. Maseco LLP acquired a new stake in shares of Xylem during the second quarter worth about $31,000. Center for Financial Planning Inc. increased its stake in Xylem by 52.0% during the 1st quarter. Center for Financial Planning Inc. now owns 266 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 91 shares in the last quarter. Finally, ST Germain D J Co. Inc. increased its stake in Xylem by 950.0% during the 2nd quarter. ST Germain D J Co. Inc. now owns 252 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 228 shares in the last quarter. Institutional investors own 87.96% of the company’s stock.

Xylem Company 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.