Corient Private Wealth LP Invests $4.11 Million in Xylem Inc. $XYL

Corient Private Wealth LP bought a new stake in Xylem Inc. (NYSE:XYL) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 62,526 shares of the industrial products company’s stock, valued at approximately $4,109,000.

A number of other large investors also recently made changes to their positions in the company. XXEC Inc. bought a new position in shares of Xylem during the 2nd quarter worth approximately $850,841,000. J. Stern & Co. LLP raised its stake in shares of Xylem by 12,326.6% during the 4th quarter. J. Stern & Co. LLP now owns 45,448,168 shares of the industrial products company’s stock worth $6,189,132,000 after purchasing an additional 45,082,435 shares during the period. BlackRock Inc. bought a new stake in shares of Xylem during the 2nd quarter worth $2,959,730,000. Bank of New York Mellon Corp purchased a new position in shares of Xylem in the 2nd quarter worth about $552,313,000. Finally, Hsbc Holdings PLC purchased a new position in shares of Xylem in the 2nd quarter worth about $319,785,000. 87.96% of the stock is owned by institutional investors.

Xylem Price Performance

XYL opened at $110.39 on Tuesday. The company has a market capitalization of $25.77 billion, a price-to-earnings ratio of 26.28, a PEG ratio of 1.64 and a beta of 1.02. 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 $118.18 and a 200-day moving average price of $118.58. Xylem Inc. has a twelve month low of $105.29 and a twelve month high of $154.27.

Xylem (NYSE:XYL) last posted its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.12. The company had revenue of $2.34 billion for the quarter, compared to analyst estimates 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 quarter in the previous year, the firm posted $1.26 earnings per share. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. Equities analysts expect that Xylem Inc. will post 5.66 EPS for the current year.

Xylem Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a yield of 1.6%. Xylem’s payout ratio is presently 40.95%.

Wall Street Analyst Weigh In

XYL has been the subject of a number of research analyst reports. CLSA upgraded shares of Xylem to a “hold” rating in a report on Thursday, June 25th. Stifel Nicolaus boosted 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. Weiss Ratings reissued a “hold (c)” rating on shares of Xylem in a research report on Wednesday, August 5th. Royal Bank Of Canada raised their price target on shares of Xylem from $159.00 to $164.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Finally, Citigroup reaffirmed 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 assigned a Hold rating to the stock. According to data from MarketBeat, Xylem currently has an average rating of “Moderate Buy” and an average target price 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.