Catalyst Capital Advisors LLC Boosts Stock Holdings in Xylem Inc. $XYL

Catalyst Capital Advisors LLC grew its position in shares of Xylem Inc. (NYSE:XYL) by 72.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 907 shares of the industrial products company’s stock after buying an additional 380 shares during the quarter. Catalyst Capital Advisors LLC’s holdings in Xylem were worth $117,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. Asset Management One Co. Ltd. grew its holdings in shares of Xylem by 4.4% during the second quarter. Asset Management One Co. Ltd. now owns 170,154 shares of the industrial products company’s stock valued at $22,011,000 after buying an additional 7,095 shares during the last quarter. Lazard Freres Gestion S.A.S. grew its holdings in shares of Xylem by 6.6% during the second quarter. Lazard Freres Gestion S.A.S. now owns 8,350 shares of the industrial products company’s stock valued at $1,080,000 after buying an additional 520 shares during the last quarter. R Squared Ltd purchased a new stake in shares of Xylem during the second quarter valued at approximately $459,000. Ethic Inc. grew its holdings in shares of Xylem by 3.7% during the second quarter. Ethic Inc. now owns 43,500 shares of the industrial products company’s stock valued at $5,578,000 after buying an additional 1,567 shares during the last quarter. Finally, Cullen Frost Bankers Inc. grew its holdings in shares of Xylem by 70.2% during the second quarter. Cullen Frost Bankers Inc. now owns 3,766 shares of the industrial products company’s stock valued at $487,000 after buying an additional 1,553 shares during the last quarter. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Xylem Stock Performance

Shares of NYSE XYL opened at $148.31 on Friday. The firm has a 50 day moving average of $143.79 and a 200 day moving average of $132.76. The company has a current ratio of 1.90, a quick ratio of 1.43 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $36.10 billion, a price-to-earnings ratio of 38.52, a price-to-earnings-growth ratio of 2.53 and a beta of 1.13. Xylem Inc. has a 12-month low of $100.47 and a 12-month high of $151.16.

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

Xylem Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, August 28th were paid a $0.40 dividend. 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 is 41.56%.

Analyst Upgrades and Downgrades

XYL has been the subject of a number of research analyst reports. Wall Street Zen upgraded shares of Xylem from a “hold” rating to a “buy” rating in a research note on Saturday, August 9th. Weiss Ratings reiterated a “buy (b)” rating on shares of Xylem in a research note on Friday. Cowen reiterated a “hold” rating on shares of Xylem in a research note on Tuesday, August 26th. Barclays initiated coverage on shares of Xylem in a research note on Friday, September 19th. They issued an “overweight” rating and a $165.00 price target for the company. Finally, Mizuho lifted their price target on shares of Xylem from $125.00 to $140.00 and gave the stock a “neutral” rating in a research note on Friday, September 12th. One research 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’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $154.67.

Insider Activity

In other news, CAO Geri-Michelle Mcshane sold 1,000 shares of the stock in a transaction on Friday, September 5th. The shares were sold at an average price of $139.96, for a total value 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. This represents a 25.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.27% of the stock is currently owned by company insiders.

Xylem Company 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.