Xylem Inc. $XYL Shares Purchased by Northstar Asset Management Inc.

Northstar Asset Management Inc. increased its position in shares of Xylem Inc. (NYSE:XYL) by 0.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 79,680 shares of the industrial products company’s stock after acquiring an additional 415 shares during the period. Xylem makes up about 2.8% of Northstar Asset Management Inc.’s investment portfolio, making the stock its 14th largest position. Northstar Asset Management Inc.’s holdings in Xylem were worth $10,307,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. boosted its position in shares of Xylem by 1.3% in the 1st quarter. Vanguard Group Inc. now owns 29,006,544 shares of the industrial products company’s stock valued at $3,465,122,000 after purchasing an additional 362,127 shares during the period. Swedbank AB boosted its position in shares of Xylem by 13.9% in the 2nd quarter. Swedbank AB now owns 4,366,932 shares of the industrial products company’s stock valued at $564,906,000 after purchasing an additional 531,890 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Xylem by 7.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,024,500 shares of the industrial products company’s stock valued at $480,767,000 after purchasing an additional 274,123 shares during the period. Price T Rowe Associates Inc. MD boosted its position in shares of Xylem by 689.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,708,963 shares of the industrial products company’s stock valued at $443,074,000 after purchasing an additional 3,239,203 shares during the period. Finally, Northern Trust Corp boosted its position in shares of Xylem by 2.9% in the 1st quarter. Northern Trust Corp now owns 3,362,993 shares of the industrial products company’s stock valued at $401,743,000 after purchasing an additional 94,560 shares during the period. Institutional investors and hedge funds own 87.96% of the company’s stock.

Xylem Stock Up 0.4%

XYL opened at $148.31 on Friday. Xylem Inc. has a fifty-two week low of $100.47 and a fifty-two week high of $151.16. The business has a 50-day moving average of $143.79 and a 200-day moving average of $132.56. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.90 and a quick ratio of 1.43. The company has a market capitalization of $36.10 billion, a PE ratio of 38.52, a price-to-earnings-growth ratio of 2.52 and a beta of 1.13.

Xylem (NYSE:XYL) last posted its quarterly earnings results on Thursday, July 31st. The industrial products company reported $1.26 earnings per share for the quarter, topping 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 last year, the business earned $1.09 EPS. The business’s quarterly revenue was up 6.1% on a year-over-year basis. Xylem has set its FY 2025 guidance at 4.700-4.850 EPS. Equities research analysts forecast that Xylem Inc. will post 4.65 EPS for the current fiscal year.

Xylem Dividend Announcement

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

Insider Buying and Selling at Xylem

In related news, CAO Geri-Michelle Mcshane sold 1,000 shares of the firm’s 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 transaction, the chief accounting officer directly owned 2,957 shares of the company’s stock, valued at approximately $413,861.72. This trade represents a 25.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.27% of the company’s stock.

Analyst Upgrades and Downgrades

XYL has been the subject of a number of recent analyst reports. Zacks Research upgraded Xylem from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 22nd. Stifel Nicolaus increased their price target on Xylem from $162.00 to $175.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Wall Street Zen upgraded Xylem from a “hold” rating to a “buy” rating in a research report on Saturday, August 9th. Cowen restated a “hold” rating on shares of Xylem in a research report on Tuesday, August 26th. Finally, Mizuho raised their price objective on Xylem from $125.00 to $140.00 and gave the stock a “neutral” rating in a research report on Friday, September 12th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $154.67.

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.