Sanctuary Advisors LLC Invests $1.18 Million in Xylem Inc. $XYL

Sanctuary Advisors LLC purchased a new position in Xylem Inc. (NYSE:XYL) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 10,000 shares of the industrial products company’s stock, valued at approximately $1,182,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. XXEC Inc. bought a new stake in shares of Xylem during the second quarter valued at approximately $850,841,000. J. Stern & Co. LLP lifted its position in Xylem by 12,326.6% in the 4th quarter. J. Stern & Co. LLP now owns 45,448,168 shares of the industrial products company’s stock valued at $6,189,132,000 after acquiring an additional 45,082,435 shares in the last quarter. BlackRock Inc. bought a new position in Xylem in the 2nd quarter valued at approximately $2,959,730,000. State Street Corp boosted its stake in Xylem by 2.6% during the 4th quarter. State Street Corp now owns 11,233,427 shares of the industrial products company’s stock valued at $1,529,768,000 after purchasing an additional 280,221 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in Xylem by 2.4% during the 4th quarter. Geode Capital Management LLC now owns 6,357,278 shares of the industrial products company’s stock valued at $862,364,000 after purchasing an additional 151,754 shares during the last quarter. 87.96% of the stock is currently owned by institutional investors.

Xylem Stock Performance

NYSE:XYL opened at $112.73 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.24 and a current ratio of 1.61. The stock has a 50-day simple moving average of $118.20 and a two-hundred day simple moving average of $118.92. The firm has a market capitalization of $26.32 billion, a PE ratio of 26.84, a P/E/G ratio of 1.67 and a beta of 1.02. Xylem Inc. has a 52-week low of $105.29 and a 52-week high of $154.27.

Xylem (NYSE:XYL) last posted its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share for the quarter, beating analysts’ consensus estimates 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 return on equity of 11.77% and a net margin of 11.15%.The business’s quarterly revenue was up 1.5% on a year-over-year basis. During the same period in the previous year, the firm earned $1.26 EPS. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. Analysts forecast that Xylem Inc. will post 5.66 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 of this dividend is Thursday, August 27th. This represents a $1.72 annualized dividend and a yield of 1.5%. Xylem’s payout ratio is currently 40.95%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Citigroup restated a “buy” rating on shares of Xylem in a research note on Wednesday, July 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Xylem in a research report on Wednesday, August 5th. Stifel Nicolaus lifted their price objective on Xylem from $157.00 to $160.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Robert W. Baird boosted 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. Finally, Mizuho upped their target price on shares of Xylem from $124.00 to $130.00 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. Nine investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $155.00.

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.