31,841 Shares in Xylem Inc. $XYL Purchased by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. bought a new stake in shares of Xylem Inc. (NYSE:XYL) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 31,841 shares of the industrial products company’s stock, valued at approximately $3,764,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio bought a new position in Xylem in the 2nd quarter worth approximately $7,995,000. XXEC Inc. bought a new stake in shares of Xylem in the second quarter valued at approximately $18,262,000. Capstone Investment Advisors LLC bought a new stake in shares of Xylem in the second quarter valued at approximately $421,000. Corient Private Wealth LP acquired a new stake in shares of Xylem in the second quarter worth $4,109,000. Finally, Bank of America Corp DE acquired a new stake in shares of Xylem in the second quarter worth $217,711,000. Institutional investors and hedge funds own 87.96% of the company’s stock.

Xylem Trading Down 1.1%

Shares of Xylem stock opened at $111.44 on Friday. Xylem Inc. has a 52-week low of $105.29 and a 52-week high of $154.27. The firm has a market capitalization of $26.02 billion, a PE ratio of 26.53, a price-to-earnings-growth ratio of 1.66 and a beta of 1.02. 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’s fifty day moving average price is $118.20 and its two-hundred day moving average price is $118.87.

Xylem (NYSE:XYL) last issued its earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share for the quarter, beating the consensus estimate 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 in the previous year, the business earned $1.26 EPS. The firm’s revenue was up 1.5% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. On average, analysts expect that Xylem Inc. will post 5.66 EPS for the current year.

Xylem Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 27th will be paid 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 (DPR) is currently 40.95%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on XYL shares. 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. Weiss Ratings restated a “hold (c)” rating on shares of Xylem in a report on Wednesday, August 5th. Citigroup reaffirmed a “buy” rating on shares of Xylem in a research report on Wednesday, July 29th. Stifel Nicolaus increased their target price on shares of Xylem from $157.00 to $160.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Finally, Barclays lifted their target price on Xylem from $154.00 to $159.00 and gave the stock an “overweight” rating in a research 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. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $155.00.

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.