National Wealth Management Group LLC Takes $577,000 Position in Xylem Inc. $XYL

National Wealth Management Group LLC purchased a new position in Xylem Inc. (NYSE:XYL) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,911 shares of the industrial products company’s stock, valued at approximately $577,000.

Several other large investors have also bought and sold shares of XYL. Vanguard Personalized Indexing Management LLC raised its position in shares of Xylem by 19.0% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 56,216 shares of the industrial products company’s stock worth $8,292,000 after acquiring an additional 8,960 shares in the last quarter. AEGON ASSET MANAGEMENT UK Plc boosted its position in shares of Xylem by 9.8% during the third quarter. AEGON ASSET MANAGEMENT UK Plc now owns 417,651 shares of the industrial products company’s stock valued at $61,629,000 after purchasing an additional 37,189 shares in the last quarter. Intact Investment Management Inc. purchased a new stake in Xylem in the third quarter worth $1,224,000. LBP AM SA grew its stake in Xylem by 0.6% in the third quarter. LBP AM SA now owns 282,484 shares of the industrial products company’s stock worth $41,666,000 after purchasing an additional 1,550 shares during the period. Finally, Cullen Frost Bankers Inc. increased its stake in shares of Xylem by 8.7% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 4,093 shares of the industrial products company’s stock worth $604,000 after acquiring an additional 327 shares in the last quarter. 87.96% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on XYL shares. William Blair assumed coverage on Xylem in a research report on Monday. They issued an “outperform” rating for the company. Wall Street Zen cut Xylem from a “buy” rating to a “hold” rating in a report on Saturday, December 27th. Argus set a $170.00 price target on Xylem in a research note on Wednesday, October 29th. Mizuho reduced their price objective on Xylem from $160.00 to $150.00 and set a “neutral” rating for the company in a research note on Monday, January 5th. Finally, Citigroup raised their target price on shares of Xylem from $173.00 to $182.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Nine analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $165.80.

Insider Transactions at Xylem

In other news, EVP Claudia S. Toussaint sold 10,421 shares of the business’s stock in a transaction dated Thursday, October 30th. The stock was 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 approximately $4,770,000. The trade was a 25.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Victoria D. Harker sold 1,700 shares of the company’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $148.14, for a total value of $251,838.00. Following the completion of the transaction, the director directly owned 16,875 shares in the company, valued at approximately $2,499,862.50. The trade was a 9.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.27% of the company’s stock.

Xylem Stock Down 1.3%

Shares of NYSE:XYL opened at $141.06 on Monday. Xylem Inc. has a 1 year low of $100.47 and a 1 year high of $154.27. The firm has a market capitalization of $34.34 billion, a PE ratio of 36.26, a price-to-earnings-growth ratio of 2.00 and a beta of 1.17. The business has a 50 day simple moving average of $139.66 and a two-hundred day simple moving average of $141.61. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.96 and a quick ratio of 1.50.

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

Xylem Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Tuesday, November 25th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Tuesday, November 25th. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. Xylem’s dividend payout ratio (DPR) is presently 41.13%.

About Xylem

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.