Northwestern Mutual Wealth Management Co. Takes Position in Xylem Inc. $XYL

Northwestern Mutual Wealth Management Co. purchased a new position in shares of Xylem Inc. (NYSE:XYL) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 21,678 shares of the industrial products company’s stock, valued at approximately $2,563,000.

A number of other hedge funds also recently made changes to their positions in the business. Callahan Advisors LLC acquired a new stake in shares of Xylem during the 4th quarter worth about $1,721,000. Abacus Wealth Partners LLC acquired a new position in Xylem in the 4th quarter valued at about $1,663,000. Norges Bank bought a new position in Xylem in the 4th quarter valued at about $361,012,000. MUFG Securities EMEA plc boosted its holdings in shares of Xylem by 608.1% during the fourth quarter. MUFG Securities EMEA plc now owns 32,990 shares of the industrial products company’s stock worth $4,493,000 after acquiring an additional 28,331 shares during the period. Finally, Franklin Resources Inc. boosted its holdings in shares of Xylem by 0.6% during the fourth quarter. Franklin Resources Inc. now owns 1,787,994 shares of the industrial products company’s stock worth $243,489,000 after acquiring an additional 10,314 shares during the period. 87.96% of the stock is owned by institutional investors and hedge funds.

Xylem Stock Up 0.7%

Shares of XYL opened at $114.18 on Tuesday. The stock has a market capitalization of $26.66 billion, a price-to-earnings ratio of 27.19, a PEG ratio of 1.57 and a beta of 1.02. Xylem Inc. has a 52 week low of $105.29 and a 52 week high of $154.27. 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 stock has a fifty day moving average of $118.10 and a 200-day moving average of $119.50.

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

Xylem Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 27th will be issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Thursday, August 27th. Xylem’s payout ratio is presently 40.95%.

Analyst Ratings Changes

Several analysts recently weighed in on XYL shares. Robert W. Baird lifted their price target on Xylem from $163.00 to $165.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Oppenheimer reduced their target price on shares of Xylem from $160.00 to $158.00 and set an “outperform” rating for the company in a research report on Wednesday, April 29th. Barclays upped their price target on shares of Xylem from $154.00 to $159.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. UBS Group boosted their price objective on shares of Xylem from $135.00 to $138.00 and gave the company a “neutral” rating in a report on Thursday, August 13th. Finally, Royal Bank Of Canada lifted their price target on shares of Xylem from $159.00 to $164.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Nine investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $155.00.

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.