Parallel Advisors LLC Sells 4,391 Shares of Xylem Inc. $XYL

Parallel Advisors LLC lowered its position in shares of Xylem Inc. (NYSE:XYL) by 9.2% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 43,273 shares of the industrial products company’s stock after selling 4,391 shares during the quarter. Parallel Advisors LLC’s holdings in Xylem were worth $5,171,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Commonwealth Retirement Investments LLC bought a new position in Xylem during the fourth quarter worth about $27,000. Wexford Capital LP bought a new stake in Xylem in the 3rd quarter valued at about $27,000. Global Assets Advisory LLC acquired a new position in shares of Xylem during the 1st quarter worth approximately $40,000. FWL Investment Management LLC acquired a new position in shares of Xylem during the 2nd quarter worth approximately $43,000. Finally, Entrust Financial LLC acquired a new position in shares of Xylem during the 4th quarter worth approximately $45,000. Institutional investors own 87.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Barclays lifted their price target on shares of Xylem from $154.00 to $159.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Robert W. Baird raised their price objective on Xylem from $163.00 to $165.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. CLSA upgraded Xylem to a “hold” rating in a research note on Thursday, June 25th. UBS Group lifted their price objective on Xylem from $129.00 to $135.00 and gave the company a “neutral” rating in a report on Thursday, July 30th. Finally, Oppenheimer cut their target price on Xylem from $160.00 to $158.00 and set an “outperform” rating for the company in a research report on Wednesday, April 29th. Nine equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Xylem currently has an average rating of “Moderate Buy” and an average target price of $154.00.

Xylem Stock Performance

Shares of Xylem stock opened at $122.12 on Thursday. The company has a current ratio of 1.61, a quick ratio of 1.24 and a debt-to-equity ratio of 0.23. The company has a market cap of $28.51 billion, a PE ratio of 29.08, a price-to-earnings-growth ratio of 1.69 and a beta of 1.02. The company has a 50 day moving average of $115.87 and a 200-day moving average of $121.57. Xylem Inc. has a 1-year low of $105.29 and a 1-year high of $154.27.

Xylem (NYSE:XYL) last announced its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.34 by $0.12. Xylem had a net margin of 11.15% and a return on equity of 11.77%. The business had revenue of $2.34 billion for the quarter, compared to analysts’ expectations of $2.34 billion. During the same period last year, the firm posted $1.26 earnings per share. The firm’s quarterly revenue was up 1.5% compared to the same quarter last year. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. As a group, equities research analysts forecast that Xylem Inc. will post 5.67 earnings per share for the current fiscal year.

Xylem Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Thursday, May 28th were paid a $0.43 dividend. The ex-dividend date was Thursday, May 28th. This represents a $1.72 annualized dividend and a dividend yield of 1.4%. Xylem’s dividend payout ratio (DPR) is presently 40.95%.

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.