Dnca Finance Has $3.42 Million Stake in Xylem Inc. $XYL

Dnca Finance lowered its holdings in Xylem Inc. (NYSE:XYL) by 73.5% in the third quarter, Holdings Channel reports. The firm owned 23,150 shares of the industrial products company’s stock after selling 64,350 shares during the quarter. Dnca Finance’s holdings in Xylem were worth $3,415,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its position in Xylem by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 29,902,236 shares of the industrial products company’s stock worth $4,410,580,000 after buying an additional 204,407 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Xylem by 2.3% in the second quarter. Geode Capital Management LLC now owns 6,141,231 shares of the industrial products company’s stock valued at $791,029,000 after acquiring an additional 136,605 shares during the last quarter. Amundi increased its position in shares of Xylem by 17.0% in the second quarter. Amundi now owns 5,714,576 shares of the industrial products company’s stock valued at $730,717,000 after acquiring an additional 830,337 shares during the last quarter. Swedbank AB raised its holdings in Xylem by 19.0% during the third quarter. Swedbank AB now owns 5,197,753 shares of the industrial products company’s stock worth $766,669,000 after acquiring an additional 830,821 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in Xylem by 4.3% during the second quarter. Invesco Ltd. now owns 4,056,072 shares of the industrial products company’s stock worth $524,694,000 after acquiring an additional 166,959 shares in the last quarter. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

XYL has been the subject of a number of analyst reports. The Goldman Sachs Group set a $158.00 price target on Xylem in a research note on Wednesday, February 11th. William Blair assumed coverage on Xylem in a research note on Monday, January 26th. They set an “outperform” rating on the stock. Barclays decreased their target price on shares of Xylem from $166.00 to $156.00 and set an “overweight” rating for the company in a research note on Wednesday, February 11th. TD Cowen restated a “hold” rating on shares of Xylem in a report on Monday, February 23rd. Finally, Robert W. Baird set a $161.00 price target on shares of Xylem in a research report on Wednesday, February 11th. Nine research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $158.08.

Xylem Price Performance

NYSE:XYL opened at $119.88 on Friday. Xylem Inc. has a 12-month low of $100.47 and a 12-month high of $154.27. The firm has a market capitalization of $29.15 billion, a price-to-earnings ratio of 30.58, a P/E/G ratio of 1.72 and a beta of 1.17. The stock’s 50 day moving average price is $133.97 and its two-hundred day moving average price is $139.90. The company has a quick ratio of 1.28, a current ratio of 1.62 and a debt-to-equity ratio of 0.12.

Xylem (NYSE:XYL) last issued its earnings results on Tuesday, February 10th. The industrial products company reported $1.42 EPS 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%.During the same quarter in the prior year, the company posted $1.18 earnings per share. Xylem’s quarterly revenue was up 6.3% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.350-5.560 EPS. On average, analysts anticipate that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, February 24th will be issued a $0.43 dividend. This is an increase from Xylem’s previous quarterly dividend of $0.40. This represents a $1.72 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Tuesday, February 24th. Xylem’s dividend payout ratio is presently 43.88%.

Xylem announced that its board has initiated a share repurchase program on Wednesday, February 25th that authorizes the company to buyback $1.50 billion in shares. This buyback authorization authorizes the industrial products company to reacquire up to 4.8% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board believes its stock is undervalued.

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.