Xylem Inc. $XYL Shares Sold by IFM Investors Pty Ltd

IFM Investors Pty Ltd lessened its stake in Xylem Inc. (NYSE:XYL) by 19.2% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 48,456 shares of the industrial products company’s stock after selling 11,542 shares during the quarter. IFM Investors Pty Ltd’s holdings in Xylem were worth $5,789,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Xylem by 2.6% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 40,729 shares of the industrial products company’s stock valued at $4,725,000 after purchasing an additional 1,021 shares in the last quarter. OMERS ADMINISTRATION Corp increased its stake in shares of Xylem by 20.5% in the 4th quarter. OMERS ADMINISTRATION Corp now owns 10,070 shares of the industrial products company’s stock valued at $1,168,000 after purchasing an additional 1,716 shares in the last quarter. Nomura Holdings Inc. purchased a new position in shares of Xylem in the 4th quarter valued at about $1,463,000. Mufg Securities Americas Inc. purchased a new position in shares of Xylem in the 4th quarter valued at about $416,000. Finally, Quantinno Capital Management LP increased its stake in shares of Xylem by 148.9% in the 4th quarter. Quantinno Capital Management LP now owns 35,614 shares of the industrial products company’s stock valued at $4,132,000 after purchasing an additional 21,306 shares in the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Xylem Price Performance

NYSE:XYL opened at $141.75 on Friday. Xylem Inc. has a 12 month low of $100.47 and a 12 month high of $145.33. The stock has a 50 day moving average of $138.01 and a two-hundred day moving average of $127.52. The company has a current ratio of 1.90, a quick ratio of 1.43 and a debt-to-equity ratio of 0.17. The firm has a market cap of $34.50 billion, a P/E ratio of 36.82, a price-to-earnings-growth ratio of 2.38 and a beta of 1.09.

Xylem (NYSE:XYL) last posted its quarterly earnings data 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. Xylem had a return on equity of 10.33% and a net margin of 10.74%.The company had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.20 billion. During the same period in the previous year, the business earned $1.09 EPS. Xylem’s quarterly revenue was up 6.1% on a year-over-year basis. Xylem has set its FY 2025 guidance at 4.700-4.850 EPS. On average, analysts expect that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.1%. Xylem’s dividend payout ratio is 41.56%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Citigroup restated a “buy” rating and issued a $152.00 price target (up previously from $137.00) on shares of Xylem in a research note on Monday, July 14th. Stifel Nicolaus lifted their price target on Xylem from $162.00 to $175.00 and gave the company a “buy” rating in a research note on Friday, August 1st. UBS Group lifted their price target on Xylem from $164.00 to $168.00 and gave the company a “buy” rating in a research note on Tuesday, August 5th. Wall Street Zen upgraded Xylem from a “hold” rating to a “buy” rating in a research note on Saturday, August 9th. Finally, Cowen restated a “hold” rating on shares of Xylem in a research note on Tuesday, August 26th. Six analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $152.29.

Insider Activity

In other news, CAO Geri-Michelle Mcshane sold 1,000 shares of the company’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 completion of the sale, the chief accounting officer directly owned 2,957 shares in the company, valued at $413,861.72. This represents a 25.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.27% of the stock is owned by company insiders.

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.