Xylem Inc. $XYL Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC increased its position in Xylem Inc. (NYSE:XYL) by 2.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,141,231 shares of the industrial products company’s stock after acquiring an additional 136,605 shares during the period. Geode Capital Management LLC owned approximately 2.52% of Xylem worth $791,029,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Hanson & Doremus Investment Management increased its position in shares of Xylem by 0.9% in the second quarter. Hanson & Doremus Investment Management now owns 8,516 shares of the industrial products company’s stock valued at $1,102,000 after buying an additional 77 shares in the last quarter. Princeton Global Asset Management LLC grew its stake in Xylem by 2.1% in the 2nd quarter. Princeton Global Asset Management LLC now owns 3,801 shares of the industrial products company’s stock valued at $492,000 after acquiring an additional 79 shares during the last quarter. Ascent Wealth Partners LLC increased its holdings in Xylem by 0.7% during the 1st quarter. Ascent Wealth Partners LLC now owns 14,229 shares of the industrial products company’s stock valued at $1,700,000 after acquiring an additional 101 shares in the last quarter. Cidel Asset Management Inc. increased its holdings in Xylem by 6.1% during the 2nd quarter. Cidel Asset Management Inc. now owns 1,868 shares of the industrial products company’s stock valued at $242,000 after acquiring an additional 108 shares in the last quarter. Finally, Harrington Investments INC raised its position in Xylem by 0.5% during the second quarter. Harrington Investments INC now owns 21,962 shares of the industrial products company’s stock worth $2,841,000 after acquiring an additional 120 shares during the last quarter. 87.96% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Xylem

In related news, Director Victoria D. Harker sold 1,700 shares of the firm’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $148.14, for a total transaction of $251,838.00. Following the sale, the director directly owned 16,875 shares in the company, valued at approximately $2,499,862.50. This trade represents a 9.15% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Geri-Michelle Mcshane sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $139.96, for a total value of $139,960.00. Following the transaction, the chief accounting officer directly owned 2,957 shares in the company, valued at $413,861.72. This trade represents a 25.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 13,121 shares of company stock valued at $1,982,459 over the last three months. 0.27% of the stock is owned by company insiders.

Xylem Trading Down 1.6%

Shares of XYL stock opened at $147.48 on Friday. The company has a quick ratio of 1.43, a current ratio of 1.96 and a debt-to-equity ratio of 0.17. Xylem Inc. has a fifty-two week low of $100.47 and a fifty-two week high of $154.27. The firm’s 50 day moving average price is $146.13 and its two-hundred day moving average price is $136.60. The stock has a market cap of $35.91 billion, a price-to-earnings ratio of 37.91, a price-to-earnings-growth ratio of 2.50 and a beta of 1.15.

Xylem (NYSE:XYL) last issued its earnings results on Tuesday, October 28th. The industrial products company reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.23 by $0.14. The business had revenue of $2.27 billion for the quarter, compared to the consensus estimate of $2.22 billion. Xylem had a net margin of 10.66% and a return on equity of 10.77%. The business’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same quarter last year, the firm posted $1.11 EPS. Xylem has set its FY 2025 guidance at 5.030-5.080 EPS. On average, analysts anticipate that Xylem Inc. will post 4.65 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have recently weighed in on XYL shares. Stifel Nicolaus raised their price objective on shares of Xylem from $175.00 to $178.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Citigroup raised their price target on Xylem from $173.00 to $182.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Barclays boosted their price target on Xylem from $165.00 to $172.00 and gave the stock an “overweight” rating in a report on Wednesday, October 29th. Royal Bank Of Canada boosted their target price on shares of Xylem from $169.00 to $176.00 and gave the company an “outperform” rating in a research note on Wednesday, October 29th. Finally, Zacks Research upgraded shares of Xylem from a “hold” rating to a “strong-buy” rating in a report on Monday, September 22nd. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $166.90.

Xylem 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.