M. Kulyk & Associates LLC Takes Position in Xylem Inc. $XYL

M. Kulyk & Associates LLC 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 firm bought 58,728 shares of the industrial products company’s stock, valued at approximately $6,942,000.

A number of other institutional investors have also added to or reduced their stakes in XYL. Meeder Advisory Services Inc. bought a new position in Xylem during the second quarter valued at about $215,000. Harborfront Financial Group LLC bought a new stake in shares of Xylem in the 2nd quarter worth approximately $40,000. Meeder Asset Management Inc. bought a new stake in shares of Xylem in the 2nd quarter worth approximately $13,658,000. Citizens Financial Group Inc. RI acquired a new stake in shares of Xylem during the 2nd quarter worth approximately $795,000. Finally, Texas Capital Bank Wealth Management Services Inc acquired a new stake in shares of Xylem during the 2nd quarter worth approximately $207,000. 87.96% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

XYL has been the subject of a number of recent research reports. Citigroup restated a “buy” rating on shares of Xylem in a research note on Wednesday, July 29th. Robert W. Baird lifted their price target on shares of Xylem from $163.00 to $165.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. CLSA raised shares of Xylem to a “hold” rating in a report on Thursday, June 25th. UBS Group increased their price objective on shares of Xylem from $135.00 to $138.00 and gave the company a “neutral” rating in a research note on Thursday, August 13th. Finally, Barclays raised their price objective on shares of Xylem from $154.00 to $159.00 and gave the stock an “overweight” rating 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 company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $154.23.

Xylem Price Performance

Xylem stock opened at $113.98 on Wednesday. The business has a 50 day simple moving average of $117.69 and a 200 day simple moving average of $120.18. 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 has a market capitalization of $26.61 billion, a PE ratio of 27.14, a price-to-earnings-growth ratio of 1.66 and a beta of 1.02. Xylem Inc. has a one year low of $105.29 and a one year high of $154.27.

Xylem (NYSE:XYL) last announced its quarterly earnings results 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. Xylem had a return on equity of 11.77% and a net margin of 11.15%.The firm had revenue of $2.34 billion for the quarter, compared to analysts’ expectations of $2.34 billion. During the same period in the prior year, the business posted $1.26 earnings per share. The business’s revenue was up 1.5% compared to the same quarter last year. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. On average, sell-side analysts forecast that Xylem Inc. will post 5.67 EPS for the current fiscal year.

Xylem Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, August 27th will be paid a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Thursday, August 27th. Xylem’s payout ratio is currently 40.95%.

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.