Middleton & Co. Inc. MA Purchases 1,476 Shares of Xylem Inc. $XYL

Middleton & Co. Inc. MA boosted its holdings in Xylem Inc. (NYSE:XYL) by 1.8% in the 2nd quarter, Holdings Channel.com reports. The firm owned 81,373 shares of the industrial products company’s stock after acquiring an additional 1,476 shares during the period. Xylem comprises 1.2% of Middleton & Co. Inc. MA’s holdings, making the stock its 28th biggest position. Middleton & Co. Inc. MA’s holdings in Xylem were worth $10,526,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. OneDigital Investment Advisors LLC boosted its stake in shares of Xylem by 13.6% in the first quarter. OneDigital Investment Advisors LLC now owns 2,863 shares of the industrial products company’s stock valued at $342,000 after buying an additional 342 shares during the period. U.S. Capital Wealth Advisors LLC raised its holdings in Xylem by 3.6% in the 1st quarter. U.S. Capital Wealth Advisors LLC now owns 8,153 shares of the industrial products company’s stock valued at $974,000 after acquiring an additional 285 shares in the last quarter. Greenleaf Trust grew its holdings in shares of Xylem by 5.3% during the 1st quarter. Greenleaf Trust now owns 7,704 shares of the industrial products company’s stock worth $920,000 after purchasing an additional 387 shares in the last quarter. Leavell Investment Management Inc. bought a new position in shares of Xylem in the first quarter worth $201,000. Finally, Allworth Financial LP raised its stake in Xylem by 61.1% in the first quarter. Allworth Financial LP now owns 2,068 shares of the industrial products company’s stock valued at $239,000 after purchasing an additional 784 shares in the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Wall Street Analyst Weigh In

XYL has been the topic of a number of analyst reports. Barclays increased their price objective on shares of Xylem from $165.00 to $172.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 29th. Royal Bank Of Canada increased their price target on shares of Xylem from $169.00 to $176.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 29th. UBS Group boosted their price objective on shares of Xylem from $164.00 to $168.00 and gave the company a “buy” rating in a research report on Tuesday, August 5th. TD Cowen upped their target price on Xylem from $125.00 to $130.00 and gave the stock a “hold” rating in a research note on Tuesday, August 26th. Finally, Cowen reiterated a “hold” rating on shares of Xylem in a research note on Tuesday, August 26th. One investment 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 company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $166.20.

Insiders Place Their Bets

In related news, CAO Geri-Michelle Mcshane sold 1,000 shares of Xylem 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 of the company’s stock, valued at $413,861.72. The trade was a 25.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 directly owned 31,250 shares of the company’s stock, valued at $4,770,000. This represents a 25.01% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 13,121 shares of company stock valued at $1,982,459. 0.27% of the stock is currently owned by company insiders.

Xylem Stock Performance

Xylem stock opened at $150.74 on Thursday. The business has a 50 day moving average of $145.11 and a 200-day moving average of $135.22. The company has a market capitalization of $36.70 billion, a P/E ratio of 38.75, a P/E/G ratio of 2.50 and a beta of 1.15. 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.

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

Xylem Announces Dividend

The business also recently announced 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 (DPR) is currently 41.13%.

About Xylem

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.