Citizens Financial Group Inc. RI Purchases 1,001 Shares of Xylem Inc. $XYL

Citizens Financial Group Inc. RI lifted its position in Xylem Inc. (NYSE:XYL) by 37.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,658 shares of the industrial products company’s stock after buying an additional 1,001 shares during the period. Citizens Financial Group Inc. RI’s holdings in Xylem were worth $473,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of XYL. Maseco LLP bought a new stake in shares of Xylem during the 2nd quarter valued at about $31,000. ST Germain D J Co. Inc. boosted its holdings in shares of 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. Headlands Technologies LLC grew its position in Xylem by 90.6% during the first quarter. Headlands Technologies LLC now owns 305 shares of the industrial products company’s stock valued at $36,000 after buying an additional 145 shares during the period. Signature Resources Capital Management LLC purchased a new stake in Xylem during the second quarter valued at approximately $39,000. Finally, Zions Bancorporation National Association UT bought a new position in Xylem in the first quarter worth approximately $40,000. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Wall Street Analyst Weigh In

XYL has been the subject of a number of recent research reports. Zacks Research raised shares of Xylem from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 22nd. Argus set a $170.00 price target on Xylem in a report on Wednesday, October 29th. Mizuho set a $160.00 price target on Xylem in a research report on Wednesday, October 29th. Citigroup lifted their price objective on Xylem from $173.00 to $182.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Finally, Barclays increased their target price on shares of Xylem from $165.00 to $172.00 and gave the stock an “overweight” rating in a report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $166.90.

Xylem Stock Down 0.6%

XYL opened at $140.08 on Wednesday. The stock has a market cap of $34.10 billion, a price-to-earnings ratio of 36.01, a price-to-earnings-growth ratio of 2.50 and a beta of 1.15. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.43 and a current ratio of 1.96. The firm’s fifty day moving average is $146.24 and its 200 day moving average is $137.28. Xylem Inc. has a fifty-two week low of $100.47 and a fifty-two week high of $154.27.

Xylem (NYSE:XYL) last posted its quarterly earnings results on Tuesday, October 28th. The industrial products company reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.23 by $0.14. Xylem had a return on equity of 10.77% and a net margin of 10.66%.The business had revenue of $2.27 billion for the quarter, compared to analysts’ expectations of $2.22 billion. During the same period last year, the firm earned $1.11 earnings per share. The business’s quarterly revenue was up 7.8% on a year-over-year basis. Xylem has set its FY 2025 guidance at 5.030-5.080 EPS. On average, sell-side analysts forecast that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Tuesday, November 25th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.1%. The ex-dividend date is Tuesday, November 25th. Xylem’s dividend payout ratio is presently 41.13%.

Insider Buying and Selling at Xylem

In other news, EVP Claudia S. Toussaint sold 10,421 shares of Xylem stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $152.64, for a total transaction of $1,590,661.44. Following the sale, the executive vice president owned 31,250 shares in the company, valued at $4,770,000. This trade represents a 25.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Victoria D. Harker sold 1,700 shares of the company’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $148.14, for a total transaction of $251,838.00. Following the transaction, the director owned 16,875 shares of the company’s stock, valued at approximately $2,499,862.50. This represents a 9.15% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 13,121 shares of company stock valued at $1,982,459 in the last three months. 0.27% of the stock is currently 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.