Pallas Capital Advisors LLC Takes Position in Xylem Inc. $XYL

Pallas Capital Advisors LLC purchased a new stake in shares of Xylem Inc. (NYSE:XYL) during the 2nd quarter, Holdings Channel reports. The fund purchased 7,441 shares of the industrial products company’s stock, valued at approximately $880,000.

Several other institutional investors and hedge funds also recently bought and sold shares of XYL. Orion Porfolio Solutions LLC increased its position in Xylem by 1.0% during the third quarter. Orion Porfolio Solutions LLC now owns 7,802 shares of the industrial products company’s stock valued at $1,151,000 after acquiring an additional 74 shares during the last quarter. Quest Investment Management LLC lifted its holdings in shares of Xylem by 1.0% in the 3rd quarter. Quest Investment Management LLC now owns 7,588 shares of the industrial products company’s stock worth $1,119,000 after acquiring an additional 77 shares during the last quarter. Notis McConarty Edward lifted its holdings in shares of Xylem by 0.3% in the 4th quarter. Notis McConarty Edward now owns 31,678 shares of the industrial products company’s stock worth $4,314,000 after acquiring an additional 86 shares during the last quarter. Moneco Advisors LLC boosted its stake in shares of Xylem by 4.6% during the 4th quarter. Moneco Advisors LLC now owns 2,049 shares of the industrial products company’s stock worth $279,000 after purchasing an additional 90 shares during the period. Finally, Compound Planning Inc. boosted its stake in shares of Xylem by 4.2% during the 4th quarter. Compound Planning Inc. now owns 2,258 shares of the industrial products company’s stock worth $308,000 after purchasing an additional 91 shares during the period. 87.96% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Oppenheimer reduced their price objective on shares of Xylem from $160.00 to $158.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 29th. Jefferies Financial Group upgraded Xylem from a “hold” rating to a “buy” rating and boosted their target price for the company from $130.00 to $140.00 in a research report on Thursday, June 25th. UBS Group increased their price target on Xylem from $135.00 to $138.00 and gave the stock a “neutral” rating in a report on Thursday, August 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Xylem in a research note on Wednesday, August 5th. Finally, Citigroup restated a “buy” rating on shares of Xylem in a report on Wednesday, July 29th. Nine equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Xylem has an average rating of “Moderate Buy” and a consensus target price of $154.23.

Xylem Price Performance

Shares of XYL stock opened at $113.98 on Wednesday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.61 and a quick ratio of 1.24. The company has a market capitalization of $26.61 billion, a P/E ratio of 27.14, a P/E/G ratio of 1.66 and a beta of 1.02. The company’s 50-day simple moving average is $117.69 and its two-hundred day simple moving average is $120.18. Xylem Inc. has a one year low of $105.29 and a one year high of $154.27.

Xylem (NYSE:XYL) last issued its earnings results on Tuesday, July 28th. The industrial products company reported $1.46 EPS for the quarter, topping 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 analyst estimates of $2.34 billion. During the same period last year, the company posted $1.26 earnings per share. The company’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 analysts anticipate that Xylem Inc. will post 5.67 EPS for the current year.

Xylem Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 27th will be issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 1.5%. The ex-dividend date is Thursday, August 27th. Xylem’s dividend payout ratio (DPR) is presently 40.95%.

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.