Ameritas Advisory Services LLC Invests $58,000 in Xylem Inc. $XYL

Ameritas Advisory Services LLC purchased a new stake in Xylem Inc. (NYSE:XYL) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 445 shares of the industrial products company’s stock, valued at approximately $58,000.

Other hedge funds also recently added to or reduced their stakes in the company. AFG Fiduciary Services Limited Partnership acquired a new stake in shares of Xylem in the 2nd quarter valued at about $275,000. IFM Investors Pty Ltd increased its holdings in Xylem by 11.6% in the second quarter. IFM Investors Pty Ltd now owns 54,073 shares of the industrial products company’s stock valued at $6,995,000 after buying an additional 5,617 shares during the last quarter. Dynamic Advisor Solutions LLC acquired a new stake in Xylem during the first quarter valued at approximately $694,000. Farther Finance Advisors LLC lifted its holdings in Xylem by 30.4% during the 1st quarter. Farther Finance Advisors LLC now owns 1,797 shares of the industrial products company’s stock worth $215,000 after buying an additional 419 shares during the last quarter. Finally, BROOKFIELD Corp ON grew its position in shares of Xylem by 26.5% in the 1st quarter. BROOKFIELD Corp ON now owns 16,375 shares of the industrial products company’s stock worth $1,956,000 after acquiring an additional 3,430 shares in the last quarter. 87.96% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Xylem

In related news, CAO Geri-Michelle Mcshane sold 1,000 shares of the stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $139.96, for a total value of $139,960.00. Following the completion of the transaction, the chief accounting officer directly owned 2,957 shares of the company’s stock, valued at $413,861.72. This represents a 25.27% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.27% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research firms recently issued reports on XYL. Weiss Ratings reissued a “buy (b)” rating on shares of Xylem in a research report on Wednesday, October 8th. Wall Street Zen upgraded shares of Xylem from a “hold” rating to a “buy” rating in a research report on Saturday, August 9th. Citigroup boosted their price objective on shares of Xylem from $168.00 to $173.00 and gave the company a “buy” rating in a research report on Thursday. Zacks Research upgraded shares of Xylem from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 22nd. Finally, TD Cowen lifted their target price on Xylem from $125.00 to $130.00 and gave the company a “hold” rating in a research note on Tuesday, August 26th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $154.67.

Xylem Stock Performance

Shares of XYL stock opened at $144.30 on Monday. The company has a quick ratio of 1.43, a current ratio of 1.90 and a debt-to-equity ratio of 0.17. The business has a 50 day moving average of $143.08 and a two-hundred day moving average of $130.45. Xylem Inc. has a 52 week low of $100.47 and a 52 week high of $151.16. The company has a market cap of $35.12 billion, a P/E ratio of 37.48, a PEG ratio of 2.49 and a beta of 1.13.

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

Xylem Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Thursday, August 28th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, August 28th. Xylem’s dividend payout ratio is 41.56%.

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.