Tredje AP fonden Grows Position in Xylem Inc. $XYL

Tredje AP fonden boosted its stake in Xylem Inc. (NYSE:XYL) by 2,441.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 622,165 shares of the industrial products company’s stock after purchasing an additional 597,685 shares during the quarter. Tredje AP fonden owned about 0.26% of Xylem worth $80,483,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Maseco LLP purchased a new stake in Xylem during the second quarter valued at about $31,000. ST Germain D J Co. Inc. raised its holdings in shares of Xylem by 950.0% during the 2nd quarter. ST Germain D J Co. Inc. now owns 252 shares of the industrial products company’s stock valued at $33,000 after buying an additional 228 shares in the last quarter. Headlands Technologies LLC raised its holdings in shares of Xylem by 90.6% during the 1st quarter. Headlands Technologies LLC now owns 305 shares of the industrial products company’s stock valued at $36,000 after buying an additional 145 shares in the last quarter. Signature Resources Capital Management LLC purchased a new position in shares of Xylem during the 2nd quarter valued at about $39,000. Finally, Zions Bancorporation National Association UT purchased a new position in shares of Xylem during the 1st quarter valued at about $40,000. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Insider Activity at Xylem

In other news, EVP Claudia S. Toussaint sold 10,421 shares of the stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $152.64, for a total transaction of $1,590,661.44. Following the sale, the executive vice president owned 31,250 shares in the company, valued at $4,770,000. This represents a 25.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Geri-Michelle Mcshane sold 1,000 shares of the stock in a transaction on Friday, September 5th. The shares were sold at an average price of $139.96, for a total value of $139,960.00. Following the sale, the chief accounting officer owned 2,957 shares in the company, valued at approximately $413,861.72. This represents a 25.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.27% of the company’s stock.

Xylem Price Performance

Shares of NYSE XYL opened at $151.00 on Friday. Xylem Inc. has a 1 year low of $100.47 and a 1 year high of $154.27. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.96 and a quick ratio of 1.43. The company’s 50-day moving average is $144.74 and its 200 day moving average is $134.38. The stock has a market capitalization of $36.76 billion, a P/E ratio of 38.82, a P/E/G ratio of 2.50 and a beta of 1.13.

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

Xylem Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Thursday, August 28th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, August 28th. Xylem’s dividend payout ratio is 41.13%.

Wall Street Analyst Weigh In

Several research firms have commented on XYL. Argus set a $170.00 price target on shares of Xylem in a research note on Wednesday. Mizuho set a $160.00 target price on shares of Xylem in a research report on Wednesday. Royal Bank Of Canada lifted their price objective on Xylem from $169.00 to $176.00 and gave the stock an “outperform” rating in a report on Wednesday. UBS Group lifted their price objective on Xylem from $164.00 to $168.00 and gave the stock a “buy” rating in a report on Tuesday, August 5th. Finally, Citigroup lifted their price objective on Xylem from $173.00 to $182.00 and gave the stock a “buy” rating in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $166.20.

Xylem Company 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.