Geri-Michelle Mcshane Sells 4,269 Shares of Xylem (NYSE:XYL) Stock

Xylem Inc. (NYSE:XYL) CAO Geri-Michelle Mcshane sold 4,269 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $117.46, for a total transaction of $501,436.74. Following the sale, the chief accounting officer owned 3,605 shares of the company’s stock, valued at $423,443.30. This represents a 54.22% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Xylem Trading Down 1.6%

XYL stock traded down $1.88 during midday trading on Friday, hitting $113.76. 2,184,291 shares of the company’s stock were exchanged, compared to its average volume of 2,050,303. The business has a 50-day simple moving average of $122.63 and a two-hundred day simple moving average of $134.10. The company has a current ratio of 1.46, a quick ratio of 1.10 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $27.04 billion, a PE ratio of 28.30, a P/E/G ratio of 1.69 and a beta of 1.08. Xylem Inc. has a 1-year low of $113.45 and a 1-year high of $154.27.

Xylem (NYSE:XYL) last issued its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $1.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.03. The firm had revenue of $2.13 billion during the quarter, compared to the consensus estimate of $2.11 billion. Xylem had a return on equity of 11.26% and a net margin of 10.79%.The company’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period last year, the company earned $1.03 EPS. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. On average, sell-side analysts predict that Xylem Inc. will post 5.51 EPS for the current fiscal year.

Xylem Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Tuesday, February 24th were paid a $0.43 dividend. This is a positive change from Xylem’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.5%. Xylem’s payout ratio is presently 42.79%.

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

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Mizuho set a $138.00 target price on Xylem in a research report on Wednesday, February 11th. Oppenheimer lowered their price target on Xylem from $160.00 to $158.00 and set an “outperform” rating for the company in a research report on Wednesday, April 29th. Royal Bank Of Canada cut their price objective on Xylem from $176.00 to $162.00 and set an “outperform” rating on the stock in a report on Wednesday, February 11th. Jefferies Financial Group reissued a “hold” rating and set a $130.00 target price (down from $140.00) on shares of Xylem in a research note on Tuesday, March 31st. Finally, Citigroup lowered their target price on Xylem from $174.00 to $168.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Seven research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $152.77.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. State of Wyoming grew its stake in Xylem by 10.4% during the 3rd quarter. State of Wyoming now owns 756 shares of the industrial products company’s stock worth $112,000 after purchasing an additional 71 shares in the last quarter. Orion Porfolio Solutions LLC boosted its stake in shares of Xylem by 1.0% in the 3rd quarter. Orion Porfolio Solutions LLC now owns 7,802 shares of the industrial products company’s stock valued at $1,151,000 after buying an additional 74 shares during the period. Journey Strategic Wealth LLC grew its position in shares of Xylem by 1.5% during the third quarter. Journey Strategic Wealth LLC now owns 5,107 shares of the industrial products company’s stock worth $753,000 after buying an additional 77 shares in the last quarter. Quest Investment Management LLC increased its stake in shares of Xylem by 1.0% during the third quarter. Quest Investment Management LLC now owns 7,588 shares of the industrial products company’s stock worth $1,119,000 after buying an additional 77 shares during the period. Finally, Keel Point LLC raised its holdings in Xylem by 4.6% in the third quarter. Keel Point LLC now owns 1,784 shares of the industrial products company’s stock valued at $263,000 after acquiring an additional 79 shares in the last quarter. 87.96% of the stock is currently owned by hedge funds and other institutional investors.

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.