Samjo Management LLC Increases Stake in Xylem Inc. $XYL

Samjo Management LLC lifted its stake in shares of Xylem Inc. (NYSE:XYL) by 2.1% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 20,665 shares of the industrial products company’s stock after purchasing an additional 425 shares during the period. Xylem comprises approximately 1.0% of Samjo Management LLC’s portfolio, making the stock its 25th largest holding. Samjo Management LLC’s holdings in Xylem were worth $2,469,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the company. Sax Wealth Advisors LLC purchased a new position in Xylem in the first quarter worth approximately $575,000. Kestra Advisory Services LLC raised its holdings in shares of Xylem by 1.9% in the 1st quarter. Kestra Advisory Services LLC now owns 11,560 shares of the industrial products company’s stock valued at $1,381,000 after purchasing an additional 214 shares in the last quarter. Gitterman Wealth Management LLC lifted its position in shares of Xylem by 9.2% during the 1st quarter. Gitterman Wealth Management LLC now owns 5,828 shares of the industrial products company’s stock worth $696,000 after purchasing an additional 491 shares during the last quarter. RPG Investment Advisory LLC grew its stake in shares of Xylem by 101.0% during the first quarter. RPG Investment Advisory LLC now owns 265,554 shares of the industrial products company’s stock worth $31,723,000 after purchasing an additional 133,411 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in Xylem by 9.7% in the first quarter. Ameriprise Financial Inc. now owns 1,910,172 shares of the industrial products company’s stock valued at $228,189,000 after buying an additional 168,766 shares during the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Xylem Stock Up 2.4%

Shares of NYSE XYL opened at $143.6210 on Friday. The business has a 50-day moving average price of $134.27 and a 200 day moving average price of $126.45. The stock has a market cap of $34.96 billion, a PE ratio of 37.30, a price-to-earnings-growth ratio of 2.43 and a beta of 1.11. The company has a quick ratio of 1.43, a current ratio of 1.90 and a debt-to-equity ratio of 0.17. Xylem Inc. has a 52-week low of $100.47 and a 52-week high of $145.33.

Xylem (NYSE:XYL) last released its quarterly earnings results on Thursday, July 31st. The industrial products company reported $1.26 EPS for the quarter, topping the consensus estimate of $1.15 by $0.11. The company had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.20 billion. Xylem had a return on equity of 10.33% and a net margin of 10.74%.The firm’s revenue was up 6.1% compared to the same quarter last year. During the same quarter 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. Equities research analysts forecast that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research firms have weighed in on XYL. Citigroup restated a “buy” rating and issued a $152.00 price target (up from $137.00) on shares of Xylem in a research note on Monday, July 14th. Royal Bank Of Canada raised their target price on Xylem from $143.00 to $147.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 30th. Raymond James Financial upgraded Xylem to a “hold” rating in a research note on Thursday, May 15th. UBS Group increased their price target on shares of Xylem from $164.00 to $168.00 and gave the company a “buy” rating in a research note on Tuesday, August 5th. Finally, Robert W. Baird cut their price objective on shares of Xylem from $149.00 to $146.00 and set an “outperform” rating on the stock in a report on Wednesday, April 30th. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Xylem has an average rating of “Moderate Buy” and a consensus target price of $151.57.

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.