Xylem Inc. $XYL Shares Bought by LGT Capital Partners LTD.

LGT Capital Partners LTD. raised its stake in Xylem Inc. (NYSE:XYL) by 13.0% during the fourth quarter, Holdings Channel reports. The firm owned 303,694 shares of the industrial products company’s stock after purchasing an additional 34,990 shares during the period. Xylem makes up about 2.1% of LGT Capital Partners LTD.’s holdings, making the stock its 18th biggest holding. LGT Capital Partners LTD.’s holdings in Xylem were worth $41,357,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Knuff & Co LLC acquired a new position in shares of Xylem in the 3rd quarter valued at $27,000. Board of the Pension Protection Fund acquired a new position in shares of Xylem in the 4th quarter valued at $27,000. Commonwealth Retirement Investments LLC acquired a new position in shares of Xylem in the 4th quarter valued at $27,000. Wexford Capital LP acquired a new position in shares of Xylem in the 3rd quarter valued at $27,000. Finally, Ramirez Asset Management Inc. boosted its holdings in shares of Xylem by 100.0% in the 3rd 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 during the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Insider Buying and Selling at Xylem

In other news, Director Jerome A. Peribere purchased 1,210 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The shares were purchased at an average price of $116.61 per share, with a total value of $141,098.10. Following the purchase, the director directly owned 27,209 shares of the company’s stock, valued at approximately $3,172,841.49. This represents a 4.65% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Geri-Michelle Mcshane sold 4,269 shares of Xylem stock in a transaction on Thursday, May 7th. The stock was 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 in the company, valued at $423,443.30. This trade represents a 54.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.32% of the company’s stock.

Analyst Ratings Changes

XYL has been the topic of a number of research reports. Robert W. Baird set a $161.00 target price on shares of Xylem in a research note on Wednesday, February 11th. Stifel Nicolaus cut their target price on shares of Xylem from $163.00 to $159.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. JPMorgan Chase & Co. cut their target price on shares of Xylem from $170.00 to $160.00 and set an “overweight” rating on the stock in a research note on Thursday, April 16th. Citigroup cut their target price on shares of Xylem from $174.00 to $168.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Finally, Barclays cut their target price 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. Seven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $152.77.

Xylem Stock Performance

Shares of XYL stock opened at $109.61 on Tuesday. The company’s fifty day simple moving average is $116.56 and its 200-day simple moving average is $128.11. Xylem Inc. has a 52 week low of $105.29 and a 52 week high of $154.27. The company has a current ratio of 1.46, a quick ratio of 1.10 and a debt-to-equity ratio of 0.13. The company has a market cap of $26.05 billion, a PE ratio of 27.27, a P/E/G ratio of 1.56 and a beta of 1.05.

Xylem (NYSE:XYL) last issued its earnings results 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. Xylem had a net margin of 10.79% and a return on equity of 11.26%. The business had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $2.11 billion. During the same quarter last year, the firm posted $1.03 EPS. The business’s revenue for the quarter was up 2.7% compared to the same quarter last year. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. As a group, equities research analysts anticipate that Xylem Inc. will post 5.51 EPS for the current year.

Xylem announced that its board has initiated a stock buyback program on Wednesday, February 25th that permits the company to buyback $1.50 billion in outstanding shares. This buyback authorization permits the industrial products company to buy up to 4.8% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its stock is undervalued.

Xylem Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, May 28th will be paid a dividend of $0.43 per share. The ex-dividend date of this dividend is Thursday, May 28th. This represents a $1.72 annualized dividend and a yield of 1.6%. Xylem’s payout ratio is 42.79%.

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.