Virtu Financial LLC Invests $903,000 in Xylem Inc. $XYL

Virtu Financial LLC bought a new stake in Xylem Inc. (NYSE:XYL) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 6,633 shares of the industrial products company’s stock, valued at approximately $903,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Knuff & Co LLC purchased a new stake in Xylem during the 3rd quarter valued at about $27,000. Board of the Pension Protection Fund purchased a new position in Xylem in the 4th quarter worth approximately $27,000. Commonwealth Retirement Investments LLC acquired a new position in shares of Xylem during the 4th quarter worth approximately $27,000. Wexford Capital LP acquired a new position in shares of Xylem during the 3rd quarter worth approximately $27,000. Finally, Ramirez Asset Management Inc. grew its position in shares of Xylem by 100.0% in the third quarter. Ramirez Asset Management Inc. now owns 200 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 100 shares in the last quarter. 87.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

XYL has been the topic of a number of analyst reports. JPMorgan Chase & Co. reduced their price objective on Xylem from $170.00 to $160.00 and set an “overweight” rating on the stock in a research report on Thursday, April 16th. UBS Group upped their target price on Xylem from $132.00 to $133.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $130.00 target price (down from $140.00) on shares of Xylem in a research note on Tuesday, March 31st. Oppenheimer reduced their price target on Xylem from $160.00 to $158.00 and set an “outperform” rating on the stock in a report on Wednesday, April 29th. Finally, TD Cowen reissued a “hold” rating on shares of Xylem in a research report on Monday, February 23rd. Seven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Xylem presently has a consensus rating of “Moderate Buy” and an average target price of $152.77.

Insider Buying and Selling at Xylem

In other news, Director Jerome A. Peribere acquired 1,210 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The shares were purchased at an average price of $116.61 per share, for a total transaction of $141,098.10. Following the acquisition, the director owned 27,209 shares of the company’s stock, valued at $3,172,841.49. This represents a 4.65% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Geri-Michelle Mcshane sold 4,269 shares of the stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $117.46, for a total value of $501,436.74. Following the transaction, the chief accounting officer directly owned 3,605 shares in the company, valued at approximately $423,443.30. The trade was a 54.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.32% of the company’s stock.

Xylem Price Performance

Xylem stock opened at $111.44 on Monday. The company’s 50 day simple moving average is $114.53 and its 200-day simple moving average is $126.21. The company has a market capitalization of $26.49 billion, a price-to-earnings ratio of 27.72, a price-to-earnings-growth ratio of 1.59 and a beta of 1.05. Xylem Inc. has a 1 year low of $105.29 and a 1 year high of $154.27. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.10 and a current ratio of 1.46.

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

Xylem Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, May 28th will be paid 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 is Thursday, May 28th. Xylem’s dividend payout ratio is 42.79%.

Xylem announced that its Board of Directors has initiated a share buyback program on Wednesday, February 25th that allows the company to buyback $1.50 billion in outstanding shares. This buyback authorization allows the industrial products company to repurchase up to 4.8% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Xylem 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.