46,459 Shares in Xylem Inc. $XYL Purchased by Jupiter Topco LLC

Jupiter Topco LLC acquired a new stake in Xylem Inc. (NYSE:XYL) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 46,459 shares of the industrial products company’s stock, valued at approximately $5,495,000.

Other large investors have also made changes to their positions in the company. XXEC Inc. acquired a new position in shares of Xylem during the 2nd quarter valued at about $850,841,000. J. Stern & Co. LLP increased its position in Xylem by 12,326.6% during the fourth 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 last quarter. BlackRock Inc. purchased a new position in Xylem during the second quarter worth about $2,959,730,000. Bank of New York Mellon Corp purchased a new position in Xylem during the second quarter worth about $552,313,000. Finally, Hsbc Holdings PLC acquired a new position in Xylem in the 2nd quarter valued at about $319,785,000. 87.96% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have recently weighed in on XYL shares. Mizuho increased their price target 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. Barclays lifted their price target on shares of Xylem from $154.00 to $159.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. UBS Group upped their price objective on Xylem from $135.00 to $138.00 and gave the company a “neutral” rating in a report on Thursday, August 13th. Jefferies Financial Group increased their price objective on Xylem from $145.00 to $150.00 and gave the stock a “buy” rating in a research report on Monday, August 24th. Finally, Stifel Nicolaus raised their target price on Xylem from $157.00 to $160.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Nine research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Xylem currently has an average rating of “Moderate Buy” and an average target price of $155.00.

Xylem Trading Down 0.8%

Shares of XYL stock opened at $110.39 on Tuesday. 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 firm has a market cap of $25.77 billion, a PE ratio of 26.28, a price-to-earnings-growth ratio of 1.64 and a beta of 1.02. The company has a 50-day moving average of $118.18 and a two-hundred day moving average of $118.58. Xylem Inc. has a 1-year low of $105.29 and a 1-year high of $154.27.

Xylem (NYSE:XYL) last released its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $2.34 billion. During the same period in the previous year, the firm earned $1.26 EPS. The business’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 predict that Xylem Inc. will post 5.66 EPS for the current year.

Xylem Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, August 27th will be paid a dividend of $0.43 per share. The ex-dividend date of this dividend is Thursday, August 27th. This represents a $1.72 annualized dividend and a yield of 1.6%. Xylem’s dividend payout ratio is presently 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.