NEOS Investment Management LLC Grows Stock Position in Xylem Inc. $XYL

NEOS Investment Management LLC raised its position in Xylem Inc. (NYSE:XYL) by 46.5% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 25,513 shares of the industrial products company’s stock after acquiring an additional 8,101 shares during the period. NEOS Investment Management LLC’s holdings in Xylem were worth $3,763,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of XYL. SJS Investment Consulting Inc. boosted its holdings in Xylem by 1,844.4% in the 3rd quarter. SJS Investment Consulting Inc. now owns 175 shares of the industrial products company’s stock worth $26,000 after buying an additional 166 shares during the period. First Horizon Corp bought a new stake in shares of Xylem during the 3rd quarter valued at $30,000. Grey Fox Wealth Advisors LLC purchased a new stake in Xylem during the 3rd quarter worth about $34,000. Caldwell Trust Co bought a new position in Xylem in the 2nd quarter worth about $41,000. Finally, FWL Investment Management LLC purchased a new position in Xylem during the 2nd quarter valued at about $43,000. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Xylem Price Performance

XYL opened at $129.15 on Friday. Xylem Inc. has a 52-week low of $100.47 and a 52-week high of $154.27. The stock has a market capitalization of $31.44 billion, a PE ratio of 32.95, a price-to-earnings-growth ratio of 1.85 and a beta of 1.17. The stock’s 50 day moving average price is $137.70 and its 200-day moving average price is $141.73. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.28 and a current ratio of 1.62.

Xylem (NYSE:XYL) last posted its quarterly earnings results on Tuesday, February 10th. The industrial products company reported $1.42 earnings per share for the quarter, hitting the consensus estimate of $1.42. Xylem had a return on equity of 11.11% and a net margin of 10.59%.The company had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $2.37 billion. During the same quarter in the prior year, the business posted $1.18 EPS. The firm’s quarterly revenue was up 6.3% compared to the same quarter last year. Xylem has set its FY 2026 guidance at 5.350-5.560 EPS. On average, equities research analysts predict that Xylem Inc. will post 4.65 EPS for the current year.

Xylem Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, February 24th will be paid a dividend of $0.43 per share. The ex-dividend date is Tuesday, February 24th. This represents a $1.72 annualized dividend and a yield of 1.3%. This is a positive change from Xylem’s previous quarterly dividend of $0.40. Xylem’s dividend payout ratio (DPR) is 40.82%.

Wall Street Analyst Weigh In

XYL has been the subject of several recent analyst reports. Wall Street Zen cut shares of Xylem from a “buy” rating to a “hold” rating in a research note on Saturday, December 27th. Barclays decreased their price target on shares of Xylem from $166.00 to $156.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 11th. UBS Group restated a “buy” rating and issued a $155.00 price objective on shares of Xylem in a report on Friday, February 13th. Argus set a $170.00 price objective on shares of Xylem in a research note on Wednesday, October 29th. Finally, Mizuho set a $138.00 target price on shares of Xylem in a research report on Wednesday, February 11th. Nine investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Xylem has an average rating of “Moderate Buy” and an average target price of $158.08.

Xylem Company Profile

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.