Insider Selling: Xylem Inc (NYSE:XYL) Insider Sells $409,800.00 in Stock

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Xylem Inc (NYSE:XYL) insider Kenneth Napolitano sold 5,000 shares of the business’s stock in a transaction on Monday, July 8th. The shares were sold at an average price of $81.96, for a total transaction of $409,800.00. Following the transaction, the insider now directly owns 46,228 shares of the company’s stock, valued at approximately $3,788,846.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Kenneth Napolitano also recently made the following trade(s):

  • On Monday, June 3rd, Kenneth Napolitano sold 5,000 shares of Xylem stock. The shares were sold at an average price of $75.13, for a total transaction of $375,650.00.
  • On Monday, May 6th, Kenneth Napolitano sold 5,000 shares of Xylem stock. The shares were sold at an average price of $80.45, for a total transaction of $402,250.00.

XYL stock opened at $82.50 on Friday. The firm has a market capitalization of $14.73 billion, a P/E ratio of 28.65, a P/E/G ratio of 1.51 and a beta of 1.23. The business has a 50-day moving average of $79.86. Xylem Inc has a fifty-two week low of $60.65 and a fifty-two week high of $85.39. The company has a quick ratio of 1.02, a current ratio of 1.44 and a debt-to-equity ratio of 0.73.

Xylem (NYSE:XYL) last posted its quarterly earnings data on Thursday, May 2nd. The industrial products company reported $0.52 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.06). The company had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.25 billion. Xylem had a return on equity of 19.46% and a net margin of 10.50%. The business’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.51 EPS. On average, sell-side analysts expect that Xylem Inc will post 3.22 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 27th. Investors of record on Thursday, May 30th were issued a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 1.16%. The ex-dividend date was Wednesday, May 29th. Xylem’s payout ratio is currently 33.33%.

Hedge funds have recently bought and sold shares of the stock. Sandy Spring Bank lifted its holdings in Xylem by 101.2% in the 1st quarter. Sandy Spring Bank now owns 338 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 170 shares during the last quarter. Cullen Frost Bankers Inc. acquired a new stake in Xylem in the 1st quarter valued at about $28,000. Meridian Wealth Management LLC acquired a new stake in Xylem in the 1st quarter valued at about $30,000. Liberty Wealth Management LLC acquired a new stake in Xylem in the 4th quarter valued at about $35,000. Finally, BSW Wealth Partners acquired a new stake in Xylem in the 1st quarter valued at about $45,000. 85.30% of the stock is owned by institutional investors and hedge funds.

XYL has been the subject of several analyst reports. Janney Montgomery Scott raised shares of Xylem from a “neutral” rating to a “buy” rating and set a $86.00 price target for the company in a report on Friday, May 3rd. ValuEngine raised shares of Xylem from a “hold” rating to a “buy” rating in a report on Friday, June 21st. Cowen boosted their price target on shares of WestJet Airlines from C$22.00 to C$31.00 in a report on Tuesday, May 14th. Stifel Nicolaus set a $95.00 price target on shares of C.H. Robinson Worldwide and gave the company a “buy” rating in a report on Friday, May 3rd. Finally, Credit Suisse Group reissued a “hold” rating on shares of FactSet Research Systems in a report on Monday, July 8th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $79.60.

About Xylem

Xylem Inc engages in the design, manufacture, and servicing of engineered products and solutions for the water and wastewater applications. It operates in three segments: Water Infrastructure, Applied Water, and Measurement & Control Solutions. The Water Infrastructure segment offers various products, including water and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment under the Flygt, Godwin, Wedeco, Sanitaire, and Leopold names for the transportation and treatment of water.

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Insider Buying and Selling by Quarter for Xylem (NYSE:XYL)

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