AMF Tjanstepension AB Has $4.52 Million Stock Holdings in Xylem Inc. $XYL

AMF Tjanstepension AB decreased its holdings in Xylem Inc. (NYSE:XYL) by 96.0% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 34,965 shares of the industrial products company’s stock after selling 846,481 shares during the quarter. AMF Tjanstepension AB’s holdings in Xylem were worth $4,523,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in XYL. Valley National Advisers Inc. raised its stake in shares of Xylem by 84.9% in the 1st 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 in the last quarter. Perkins Coie Trust Co acquired a new position in shares of Xylem in the 1st quarter valued at $27,000. Maseco LLP acquired a new position in shares of Xylem in the 2nd quarter valued at $31,000. Center for Financial Planning Inc. raised its stake in shares of Xylem by 52.0% in the 1st quarter. Center for Financial Planning Inc. now owns 266 shares of the industrial products company’s stock valued at $32,000 after buying an additional 91 shares in the last quarter. Finally, ST Germain D J Co. Inc. raised its stake in shares of Xylem by 950.0% in the 2nd quarter. ST Germain D J Co. Inc. now owns 252 shares of the industrial products company’s stock valued at $33,000 after buying an additional 228 shares in the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on XYL shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Xylem in a research report on Saturday, September 27th. Barclays started coverage on shares of Xylem in a research report on Friday, September 19th. They set an “overweight” rating and a $165.00 target price for the company. Citigroup reiterated a “buy” rating and set a $152.00 target price (up previously from $137.00) on shares of Xylem in a research report on Monday, July 14th. Zacks Research upgraded shares of Xylem from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 22nd. Finally, Wall Street Zen upgraded shares of Xylem from a “hold” rating to a “buy” rating in a research report on Saturday, August 9th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $152.33.

Xylem Trading Up 0.7%

XYL opened at $149.99 on Friday. 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 stock has a market capitalization of $36.51 billion, a PE ratio of 38.96, a PEG ratio of 2.58 and a beta of 1.13. Xylem Inc. has a 1-year low of $100.47 and a 1-year high of $150.98. The firm has a 50-day moving average price of $141.96 and a two-hundred day moving average price of $129.43.

Xylem (NYSE:XYL) last posted its quarterly earnings data on Thursday, July 31st. The industrial products company reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.15 by $0.11. The firm had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.20 billion. Xylem had a net margin of 10.74% and a return on equity of 10.33%. The company’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same quarter last year, the company posted $1.09 EPS. 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 business also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Thursday, August 28th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.1%. The ex-dividend date was Thursday, August 28th. Xylem’s dividend payout ratio (DPR) is presently 41.56%.

Insiders Place Their Bets

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.

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.