Swedbank AB Increases Stock Position in Xylem Inc. $XYL

Swedbank AB grew its holdings in Xylem Inc. (NYSE:XYL) by 0.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,526,725 shares of the industrial products company’s stock after purchasing an additional 18,759 shares during the quarter. Swedbank AB’s holdings in Xylem were worth $660,444,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Kiley Juergens Wealth Management LLC acquired a new position in shares of Xylem during the 1st quarter worth approximately $259,000. Corbyn Investment Management Inc. MD acquired a new stake in Xylem during the 1st quarter valued at $945,000. Nvest Financial LLC increased its position in Xylem by 21.7% during the first quarter. Nvest Financial LLC now owns 5,292 shares of the industrial products company’s stock worth $632,000 after buying an additional 944 shares in the last quarter. Kathmere Capital Management LLC acquired a new position in shares of Xylem in the first quarter worth $248,000. Finally, V Square Quantitative Management LLC raised its holdings in shares of Xylem by 6.2% in the first quarter. V Square Quantitative Management LLC now owns 7,420 shares of the industrial products company’s stock worth $887,000 after acquiring an additional 433 shares during the last quarter. 87.96% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Xylem

In related news, Director Jerome A. Peribere purchased 1,210 shares of the firm’s stock in a transaction on Monday, May 4th. The shares were bought at an average price of $116.61 per share, for a total transaction of $141,098.10. Following the acquisition, the director directly owned 27,209 shares in the company, valued at $3,172,841.49. This trade represents a 4.65% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, CAO Geri-Michelle Mcshane sold 4,269 shares of the business’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $117.46, for a total transaction of $501,436.74. Following the sale, the chief accounting officer directly owned 3,605 shares of the company’s stock, valued at $423,443.30. This represents a 54.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.32% of the company’s stock.

Xylem Trading Down 0.3%

NYSE:XYL traded down $0.33 during mid-day trading on Tuesday, reaching $119.09. The company’s stock had a trading volume of 465,687 shares, compared to its average volume of 2,007,222. The company’s fifty day simple moving average is $112.62 and its two-hundred day simple moving average is $124.44. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.46 and a quick ratio of 1.10. Xylem Inc. has a twelve month low of $105.29 and a twelve month high of $154.27. The stock has a market cap of $28.31 billion, a P/E ratio of 29.66, a P/E/G ratio of 1.68 and a beta of 1.03.

Xylem (NYSE:XYL) last posted its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $1.12 EPS for the quarter, beating analysts’ consensus estimates of $1.09 by $0.03. The company had revenue of $2.12 billion during the quarter, compared to the consensus estimate of $2.11 billion. Xylem had a net margin of 10.79% and a return on equity of 11.26%. The company’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.03 EPS. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. On average, equities analysts predict that Xylem Inc. will post 5.51 EPS for the current year.

Xylem Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Thursday, May 28th were issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Thursday, May 28th. Xylem’s payout ratio is presently 42.79%.

Analyst Ratings Changes

Several brokerages have recently issued reports on XYL. Oppenheimer reduced their price objective on Xylem from $160.00 to $158.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 29th. CLSA raised shares of Xylem to a “hold” rating in a research note on Thursday, June 25th. UBS Group upped their target price on shares of Xylem from $132.00 to $133.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Barclays decreased their price target on shares of Xylem from $156.00 to $154.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 29th. Finally, Jefferies Financial Group upgraded shares of Xylem from a “hold” rating to a “buy” rating and lifted their price target for the stock from $130.00 to $140.00 in a report on Thursday, June 25th. Eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $153.54.

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.