Fielder Capital Group LLC Acquires New Position in Xylem Inc. $XYL

Fielder Capital Group LLC bought a new stake in shares of Xylem Inc. (NYSE:XYL) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,579 shares of the industrial products company’s stock, valued at approximately $204,000.

Other hedge funds have also modified their holdings of the company. Valley National Advisers Inc. boosted its position in Xylem by 84.9% during the first quarter. Valley National Advisers Inc. now owns 220 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 101 shares during the last quarter. Maseco LLP bought a new stake in shares of Xylem in the 2nd quarter valued at approximately $31,000. ST Germain D J Co. Inc. increased 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 worth $33,000 after buying an additional 228 shares during the last quarter. Signature Resources Capital Management LLC bought a new position in Xylem during the second quarter valued at approximately $39,000. Finally, Headlands Technologies LLC lifted its stake in Xylem by 90.6% in the first quarter. Headlands Technologies LLC now owns 305 shares of the industrial products company’s stock valued at $36,000 after acquiring an additional 145 shares during the last quarter. 87.96% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Xylem

In other news, CAO Geri-Michelle Mcshane sold 1,000 shares of the firm’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $139.96, for a total value of $139,960.00. Following the transaction, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.27% of the company’s stock.

Wall Street Analyst Weigh In

XYL has been the subject of several analyst reports. UBS Group lifted their price objective on shares of Xylem from $164.00 to $168.00 and gave the company a “buy” rating in a research note on Tuesday, August 5th. Zacks Research raised Xylem from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 22nd. Cowen reaffirmed a “hold” rating on shares of Xylem in a research report on Tuesday, August 26th. Weiss Ratings reissued a “buy (b)” rating on shares of Xylem in a research report on Friday. Finally, Mizuho raised their target price on shares of Xylem from $125.00 to $140.00 and gave the company a “neutral” rating in a research note on Friday, September 12th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, Xylem has a consensus rating of “Moderate Buy” and a consensus price target of $154.67.

Xylem Trading Up 0.4%

Shares of NYSE XYL opened at $148.31 on Friday. Xylem Inc. has a 1-year low of $100.47 and a 1-year high of $151.16. 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 company has a 50-day moving average of $143.79 and a two-hundred day moving average of $132.76. The company has a market cap of $36.10 billion, a PE ratio of 38.52, a P/E/G ratio of 2.53 and a beta of 1.13.

Xylem (NYSE:XYL) last issued its quarterly earnings results on Thursday, July 31st. The industrial products company reported $1.26 earnings per share for the quarter, beating analysts’ consensus estimates of $1.15 by $0.11. The business 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%. Xylem’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.09 earnings per share. Xylem has set its FY 2025 guidance at 4.700-4.850 EPS. As a group, equities analysts expect that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem Dividend Announcement

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

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.