UNIVEST FINANCIAL Corp Invests $931,000 in Xylem Inc. $XYL

UNIVEST FINANCIAL Corp bought a new stake in shares of Xylem Inc. (NYSE:XYL) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 7,872 shares of the industrial products company’s stock, valued at approximately $931,000.

Other hedge funds have also recently bought and sold shares of the company. Commonwealth Retirement Investments LLC acquired a new position in shares of Xylem during the fourth quarter valued at about $27,000. Wexford Capital LP acquired a new stake in Xylem during the third quarter worth about $27,000. Dunhill Financial LLC bought a new position in Xylem during the second quarter valued at about $30,000. Avalon Trust Co bought a new position in Xylem during the second quarter valued at about $35,000. Finally, Global Assets Advisory LLC acquired a new position in Xylem in the 1st quarter valued at approximately $40,000. 87.96% of the stock is owned by institutional investors.

Xylem Trading Down 1.7%

Shares of XYL stock opened at $117.59 on Tuesday. The company has a market capitalization of $27.46 billion, a P/E ratio of 28.00, a P/E/G ratio of 1.66 and a beta of 1.02. Xylem Inc. has a 12-month low of $105.29 and a 12-month high of $154.27. The company has a quick ratio of 1.24, a current ratio of 1.61 and a debt-to-equity ratio of 0.23. The firm has a 50-day moving average price of $117.63 and a 200 day moving average price of $120.33.

Xylem (NYSE:XYL) last issued its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share for the quarter, topping the consensus estimate of $1.34 by $0.12. The firm had revenue of $2.34 billion for the quarter, compared to analysts’ expectations of $2.34 billion. Xylem had a net margin of 11.15% and a return on equity of 11.77%. The company’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.26 earnings per share. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. 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 will be paid on Thursday, September 24th. Investors of record on Thursday, August 27th will be given a dividend of $0.43 per share. The ex-dividend date is Thursday, August 27th. This represents a $1.72 dividend on an annualized basis and a yield of 1.5%. Xylem’s dividend payout ratio is 40.95%.

Analyst Ratings Changes

XYL has been the subject of several research reports. Robert W. Baird raised their target price on Xylem from $163.00 to $165.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Barclays boosted their price target on shares of Xylem from $154.00 to $159.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Citigroup restated a “buy” rating on shares of Xylem in a research note on Wednesday, July 29th. Jefferies Financial Group raised shares of Xylem from a “hold” rating to a “buy” rating and raised their price objective for the stock from $130.00 to $140.00 in a report on Thursday, June 25th. Finally, Royal Bank Of Canada upped their target price on shares of Xylem from $159.00 to $164.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Nine research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, Xylem currently has a consensus rating of “Moderate Buy” and an average price target of $154.23.

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.