Coppell Advisory Solutions LLC acquired a new stake in Xylem Inc. (NYSE:XYL – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,574 shares of the industrial products company’s stock, valued at approximately $659,000.
Other hedge funds and other institutional investors have also made changes to their positions in the company. XXEC Inc. purchased a new stake in Xylem during the second quarter worth approximately $850,841,000. J. Stern & Co. LLP increased its stake in Xylem by 12,326.6% in the fourth 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 purchasing an additional 45,082,435 shares during the last quarter. BlackRock Inc. acquired a new stake in Xylem during the second quarter worth approximately $2,959,730,000. State Street Corp lifted its position in shares of Xylem by 2.6% during the 4th quarter. State Street Corp now owns 11,233,427 shares of the industrial products company’s stock worth $1,529,768,000 after buying an additional 280,221 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of 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 worth $862,364,000 after buying an additional 151,754 shares during the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.
Analysts Set New Price Targets
XYL has been the topic of a number of recent analyst reports. Royal Bank Of Canada increased their target price on shares of Xylem from $159.00 to $164.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Citigroup restated a “buy” rating on shares of Xylem in a research note on Wednesday, July 29th. Mizuho raised their price objective on Xylem from $124.00 to $130.00 and gave the stock a “neutral” 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, Stifel Nicolaus boosted their target price on Xylem from $157.00 to $160.00 and gave the company a “buy” rating in a report 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $155.00.
Xylem Stock Performance
Shares of Xylem stock opened at $106.78 on Thursday. The firm’s fifty day simple moving average is $117.99 and its 200-day simple moving average is $118.31. The stock has a market capitalization of $24.93 billion, a price-to-earnings ratio of 25.42, a PEG ratio of 1.72 and a beta of 1.00. Xylem Inc. has a 12 month low of $105.29 and a 12 month high of $154.27. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.61 and a quick ratio of 1.24.
Xylem (NYSE:XYL – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $1.46 EPS for the quarter, beating the consensus estimate of $1.34 by $0.12. The firm had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.34 billion. Xylem had a net margin of 11.15% and a return on equity of 11.77%. Xylem’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.26 EPS. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. As a group, equities analysts forecast that Xylem Inc. will post 5.66 earnings per share for the current year.
Xylem Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, August 27th will be paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Thursday, August 27th. Xylem’s dividend payout ratio is 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.
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