Xylem Inc. $XYL Shares Sold by Manchester Capital Management LLC

Manchester Capital Management LLC trimmed its stake in shares of Xylem Inc. (NYSE:XYL) by 91.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 738 shares of the industrial products company’s stock after selling 7,734 shares during the period. Manchester Capital Management LLC’s holdings in Xylem were worth $101,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Knuff & Co LLC acquired a new stake in Xylem during the third quarter worth about $27,000. Board of the Pension Protection Fund acquired a new stake in Xylem during the fourth quarter worth about $27,000. Wexford Capital LP acquired a new stake in Xylem during the third quarter worth about $27,000. Ramirez Asset Management Inc. grew its holdings in Xylem by 100.0% during the third quarter. Ramirez Asset Management Inc. now owns 200 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 100 shares during the period. Finally, FWL Investment Management LLC acquired a new stake in Xylem during the second quarter worth about $43,000. 87.96% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

XYL has been the topic of several analyst reports. Mizuho set a $138.00 target price on Xylem in a report on Wednesday, February 11th. Stifel Nicolaus lowered their price target on Xylem from $163.00 to $159.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. The Goldman Sachs Group set a $158.00 price target on Xylem in a research report on Wednesday, February 11th. Royal Bank Of Canada lowered their price target on Xylem from $176.00 to $162.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 11th. Finally, Citigroup lowered their price target on Xylem from $174.00 to $168.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Seven analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Xylem currently has an average rating of “Moderate Buy” and an average target price of $152.77.

Insider Activity at Xylem

In other news, 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 value of $501,436.74. Following the transaction, the chief accounting officer owned 3,605 shares in the company, valued at $423,443.30. This trade represents a 54.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Jerome A. Peribere bought 1,210 shares of the firm’s stock in a transaction dated Monday, May 4th. The stock was purchased at an average price of $116.61 per share, for a total transaction of $141,098.10. Following the transaction, the director owned 27,209 shares of the company’s stock, valued at approximately $3,172,841.49. This represents a 4.65% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 0.32% of the company’s stock.

Xylem Stock Performance

Shares of XYL stock opened at $110.84 on Wednesday. The company has a market capitalization of $26.35 billion, a P/E ratio of 27.57, a P/E/G ratio of 1.56 and a beta of 1.04. The business’s 50 day moving average is $116.42 and its two-hundred day moving average is $127.91. The company has a current ratio of 1.46, a quick ratio of 1.10 and a debt-to-equity ratio of 0.13. Xylem Inc. has a 12-month low of $105.29 and a 12-month high of $154.27.

Xylem (NYSE:XYL) last released its earnings results on Tuesday, April 28th. The industrial products company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.09 by $0.03. The business had revenue of $2.13 billion for 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 business’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.03 earnings per share. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. Analysts expect that Xylem Inc. will post 5.51 EPS for the current fiscal year.

Xylem Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, May 28th will be given a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Thursday, May 28th. Xylem’s dividend payout ratio (DPR) is 42.79%.

Xylem declared that its board has authorized a stock repurchase plan on Wednesday, February 25th that permits the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization permits the industrial products company to buy up to 4.8% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board of directors believes its stock is undervalued.

Xylem 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.