AG2R LA Mondiale Gestion D Actifs Buys 509 Shares of Xylem Inc. $XYL

AG2R LA Mondiale Gestion D Actifs increased its stake in Xylem Inc. (NYSE:XYL) by 4.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,871 shares of the industrial products company’s stock after acquiring an additional 509 shares during the quarter. AG2R LA Mondiale Gestion D Actifs’ holdings in Xylem were worth $1,406,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Hanson & Doremus Investment Management lifted its position in shares of Xylem by 0.9% in the 2nd quarter. Hanson & Doremus Investment Management now owns 8,516 shares of the industrial products company’s stock worth $1,102,000 after purchasing an additional 77 shares during the period. Princeton Global Asset Management LLC increased its position in shares of Xylem by 2.1% during the second quarter. Princeton Global Asset Management LLC now owns 3,801 shares of the industrial products company’s stock worth $492,000 after buying an additional 79 shares during the period. Harel Insurance Investments & Financial Services Ltd. raised its stake in Xylem by 3.0% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,450 shares of the industrial products company’s stock worth $412,000 after buying an additional 99 shares during the last quarter. Valley National Advisers Inc. lifted its holdings in Xylem by 84.9% in the first quarter. Valley National Advisers Inc. now owns 220 shares of the industrial products company’s stock valued at $26,000 after buying an additional 101 shares during the period. Finally, Ascent Wealth Partners LLC boosted its position in Xylem by 0.7% during the first quarter. Ascent Wealth Partners LLC now owns 14,229 shares of the industrial products company’s stock valued at $1,700,000 after acquiring an additional 101 shares during the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Xylem in a research report on Friday. Mizuho raised their target price on Xylem from $125.00 to $140.00 and gave the stock a “neutral” rating in a research note on Friday, September 12th. Cowen reissued a “hold” rating on shares of Xylem in a research note on Tuesday, August 26th. Wall Street Zen upgraded Xylem from a “hold” rating to a “buy” rating in a report on Saturday, August 9th. Finally, TD Cowen lifted their price objective on shares of Xylem from $125.00 to $130.00 and gave the company a “hold” rating in a research note on Tuesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $154.67.

Xylem Trading Up 0.4%

Shares of Xylem stock opened at $148.31 on Friday. The stock has a market capitalization of $36.10 billion, a PE ratio of 38.52, a price-to-earnings-growth ratio of 2.53 and a beta of 1.13. Xylem Inc. has a 52 week low of $100.47 and a 52 week high of $151.16. The stock has a 50 day moving average price of $143.79 and a two-hundred day moving average price of $132.76. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.43 and a current ratio of 1.90.

Xylem (NYSE:XYL) last issued its 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 for the quarter, compared to analyst estimates of $2.20 billion. During the same period in the prior year, the firm earned $1.09 earnings per share. Xylem’s revenue for the quarter was up 6.1% on a year-over-year basis. Xylem has set its FY 2025 guidance at 4.700-4.850 EPS. As a group, equities analysts anticipate that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Shareholders 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 41.56%.

Insider Activity

In other news, CAO Geri-Michelle Mcshane sold 1,000 shares of the business’s stock in a transaction dated 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 directly owned 2,957 shares of the company’s stock, valued at $413,861.72. The trade was a 25.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.27% of the stock is owned by corporate insiders.

Xylem Profile

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.