Hemenway Trust Co LLC Has $32.14 Million Stock Holdings in Xylem Inc. $XYL

Hemenway Trust Co LLC decreased its holdings in shares of Xylem Inc. (NYSE:XYL) by 3.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 217,910 shares of the industrial products company’s stock after selling 8,281 shares during the period. Xylem makes up 2.5% of Hemenway Trust Co LLC’s holdings, making the stock its 19th largest position. Hemenway Trust Co LLC owned 0.09% of Xylem worth $32,142,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. NewEdge Wealth LLC acquired a new stake in shares of Xylem in the third quarter valued at approximately $201,000. Syon Capital LLC grew its position in Xylem by 10.4% in the third quarter. Syon Capital LLC now owns 3,719 shares of the industrial products company’s stock valued at $549,000 after purchasing an additional 351 shares in the last quarter. NEOS Investment Management LLC grew its holdings in shares of Xylem by 46.5% in the 3rd quarter. NEOS Investment Management LLC now owns 25,513 shares of the industrial products company’s stock valued at $3,763,000 after acquiring an additional 8,101 shares in the last quarter. Merit Financial Group LLC grew its stake in Xylem by 5.8% in the third quarter. Merit Financial Group LLC now owns 3,922 shares of the industrial products company’s stock valued at $579,000 after purchasing an additional 215 shares in the last quarter. Finally, Putney Financial Group LLC grew its stake in shares of Xylem by 19.0% in the third quarter. Putney Financial Group LLC now owns 1,764 shares of the industrial products company’s stock valued at $260,000 after buying an additional 282 shares in the last quarter. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Xylem in a report on Monday, December 29th. Mizuho set a $138.00 price target on shares of Xylem in a research note on Wednesday, February 11th. Citigroup dropped their price objective on shares of Xylem from $182.00 to $174.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. The Goldman Sachs Group set a $158.00 price objective on shares of Xylem in a report on Wednesday, February 11th. Finally, Royal Bank Of Canada lowered their target price on shares of Xylem from $176.00 to $162.00 and set an “outperform” rating on the stock in a report on Wednesday, February 11th. Nine research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $158.08.

Xylem Trading Down 0.1%

Shares of XYL stock opened at $129.15 on Friday. The company has a market cap of $31.44 billion, a P/E ratio of 32.95, a PEG ratio of 1.85 and a beta of 1.17. Xylem Inc. has a fifty-two week low of $100.47 and a fifty-two week high of $154.27. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.28 and a current ratio of 1.62. The stock has a 50 day simple moving average of $137.70 and a two-hundred day simple moving average of $141.73.

Xylem (NYSE:XYL) last announced its quarterly earnings results on Tuesday, February 10th. The industrial products company reported $1.42 EPS for the quarter, meeting analysts’ consensus estimates of $1.42. Xylem had a net margin of 10.59% and a return on equity of 11.11%. The business had revenue of $2.40 billion during the quarter, compared to analyst estimates of $2.37 billion. During the same quarter in the previous year, the business posted $1.18 EPS. Xylem’s quarterly revenue was up 6.3% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.350-5.560 EPS. Research analysts forecast that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, February 24th will be issued a $0.43 dividend. This is an increase from Xylem’s previous quarterly dividend of $0.40. This represents a $1.72 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Tuesday, February 24th. Xylem’s dividend payout ratio is currently 40.82%.

Xylem Company 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.