Vaughan Nelson Investment Management L.P. Increases Stake in Xylem Inc. $XYL

Vaughan Nelson Investment Management L.P. lifted its stake in shares of Xylem Inc. (NYSE:XYL) by 29.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 971,009 shares of the industrial products company’s stock after acquiring an additional 219,059 shares during the period. Xylem accounts for about 1.2% of Vaughan Nelson Investment Management L.P.’s investment portfolio, making the stock its 26th largest position. Vaughan Nelson Investment Management L.P. owned 0.40% of Xylem worth $125,610,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Valley National Advisers Inc. lifted its holdings in shares of Xylem by 84.9% during the 1st quarter. Valley National Advisers Inc. now owns 220 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 101 shares during the period. Perkins Coie Trust Co purchased a new position in Xylem in the first quarter valued at approximately $27,000. Maseco LLP purchased a new position in Xylem in the second quarter valued at approximately $31,000. ST Germain D J Co. Inc. raised its holdings in Xylem by 950.0% in the second quarter. ST Germain D J Co. Inc. now owns 252 shares of the industrial products company’s stock valued at $33,000 after buying an additional 228 shares during the period. Finally, Center for Financial Planning Inc. raised its holdings in Xylem by 52.0% in the first quarter. Center for Financial Planning Inc. now owns 266 shares of the industrial products company’s stock valued at $32,000 after buying an additional 91 shares during the period. 87.96% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Xylem

In other news, CAO Geri-Michelle Mcshane sold 1,000 shares of the firm’s stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $139.96, for a total transaction of $139,960.00. Following the completion of the sale, the chief accounting officer owned 2,957 shares of the company’s stock, valued at approximately $413,861.72. This trade represents a 25.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.27% of the company’s stock.

Xylem Trading Up 0.7%

XYL opened at $149.99 on Friday. The firm has a market capitalization of $36.51 billion, a P/E ratio of 38.96, a P/E/G ratio of 2.58 and a beta of 1.13. The firm’s 50 day moving average is $141.96 and its 200-day moving average is $129.43. Xylem Inc. has a 52-week low of $100.47 and a 52-week high of $150.98. The company has a quick ratio of 1.43, a current ratio of 1.90 and a debt-to-equity ratio of 0.17.

Xylem (NYSE:XYL) last posted its quarterly earnings data on Thursday, July 31st. The industrial products company reported $1.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.15 by $0.11. The company had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.20 billion. Xylem had a net margin of 10.74% and a return on equity of 10.33%. The business’s quarterly revenue was up 6.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.09 earnings per share. Xylem has set its FY 2025 guidance at 4.700-4.850 EPS. Analysts expect that Xylem Inc. will post 4.65 EPS for the current fiscal year.

Xylem Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, August 28th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Thursday, August 28th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. Xylem’s dividend payout ratio (DPR) is presently 41.56%.

Analysts Set New Price Targets

Several research firms recently commented on XYL. UBS Group raised their price target on shares of Xylem from $164.00 to $168.00 and gave the company a “buy” rating in a report on Tuesday, August 5th. Weiss Ratings restated a “buy (b)” rating on shares of Xylem in a report on Saturday, September 27th. TD Cowen raised their price target on shares of Xylem from $125.00 to $130.00 and gave the company a “hold” rating in a report on Tuesday, August 26th. Zacks Research upgraded shares of Xylem from a “hold” rating to a “strong-buy” rating in a report on Monday, September 22nd. Finally, Stifel Nicolaus raised their price target on shares of Xylem from $162.00 to $175.00 and gave the company a “buy” rating in a report on Friday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $152.33.

About Xylem

Xylem Inc, together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions worldwide. It operates through four segments: Water Infrastructure, Applied Water, Measurement & Control Solutions, and Integrated Solutions and Services. The Water Infrastructure segment offers products, including water, storm water, and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment and rental services under the ADI, Flygt, Godwin, Sanitaire, Magneto, Neptune Benson, Ionpure, Leopold, Wedeco, and Xylem Vue brands.