NFJ Investment Group LLC Purchases New Position in Xylem Inc. $XYL

NFJ Investment Group LLC acquired a new position in shares of Xylem Inc. (NYSE:XYL) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 34,823 shares of the industrial products company’s stock, valued at approximately $4,116,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. AQR Capital Management LLC increased its holdings in shares of Xylem by 14.4% during the first quarter. AQR Capital Management LLC now owns 30,955 shares of the industrial products company’s stock worth $3,645,000 after buying an additional 3,900 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Xylem by 3.3% during the 1st quarter. NewEdge Advisors LLC now owns 4,151 shares of the industrial products company’s stock valued at $496,000 after acquiring an additional 132 shares in the last quarter. Empowered Funds LLC boosted its holdings in shares of Xylem by 56.1% during the 1st quarter. Empowered Funds LLC now owns 8,678 shares of the industrial products company’s stock valued at $1,037,000 after acquiring an additional 3,120 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in Xylem by 97.6% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 11,151 shares of the industrial products company’s stock worth $1,442,000 after acquiring an additional 5,509 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in Xylem by 114.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,192 shares of the industrial products company’s stock worth $154,000 after purchasing an additional 635 shares in the last quarter. Institutional investors own 87.96% of the company’s stock.

Xylem Trading Down 2.4%

NYSE XYL opened at $113.42 on Friday. The business’s 50-day moving average price is $117.96 and its two-hundred day moving average price is $119.86. Xylem Inc. has a 12 month low of $105.29 and a 12 month high of $154.27. The firm has a market capitalization of $26.48 billion, a PE ratio of 27.00, a price-to-earnings-growth ratio of 1.61 and a beta of 1.02. The company has a current ratio of 1.61, a quick ratio of 1.24 and a debt-to-equity ratio of 0.23.

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

Xylem Dividend Announcement

The company also recently declared 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. The ex-dividend date is Thursday, August 27th. This represents a $1.72 annualized dividend and a yield of 1.5%. Xylem’s dividend payout ratio (DPR) is presently 40.95%.

Wall Street Analysts Forecast Growth

XYL has been the subject of several research reports. CLSA upgraded Xylem to a “hold” rating in a research report on Thursday, June 25th. Citigroup reaffirmed a “buy” rating on shares of Xylem in a research note on Wednesday, July 29th. Robert W. Baird raised their price objective on shares of Xylem from $163.00 to $165.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Xylem in a research report on Wednesday, August 5th. Finally, Mizuho boosted their target price on shares of Xylem from $124.00 to $130.00 and gave the stock a “neutral” rating in a report on Wednesday, July 29th. Nine investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price 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.