West Family Investments Inc. Buys Shares of 6,957 Xylem Inc. $XYL

West Family Investments Inc. purchased a new stake in shares of Xylem Inc. (NYSE:XYL – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 6,957 shares of the industrial products company’s stock, valued at approximately $822,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in XYL. J. Stern & Co. LLP raised its holdings in Xylem by 12,326.6% in the 4th quarter. J. Stern & Co. LLP now owns 45,448,168 shares of the industrial products company’s stock valued at $6,189,132,000 after buying an additional 45,082,435 shares during the last quarter. Vanguard Group Inc. grew its holdings in Xylem by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 30,054,743 shares of the industrial products company’s stock worth $4,092,855,000 after acquiring an additional 152,507 shares during the last quarter. BlackRock Inc. acquired a new position in Xylem in the 2nd quarter valued at approximately $2,959,730,000. State Street Corp increased its position in Xylem by 2.6% in the 4th quarter. State Street Corp now owns 11,233,427 shares of the industrial products company’s stock valued at $1,529,768,000 after acquiring an additional 280,221 shares during the period. Finally, Geode Capital Management LLC raised its stake in shares of Xylem by 2.4% during the fourth quarter. Geode Capital Management LLC now owns 6,357,278 shares of the industrial products company’s stock valued at $862,364,000 after acquiring an additional 151,754 shares during the last quarter. 87.96% of the stock is currently owned by institutional investors.

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Xylem Trading Up 2.1%

XYL opened at $116.28 on Thursday. Xylem Inc. has a twelve month low of $105.29 and a twelve month high of $154.27. The company has a quick ratio of 1.24, a current ratio of 1.61 and a debt-to-equity ratio of 0.23. The company has a fifty day moving average of $117.87 and a 200-day moving average of $120.03. The stock has a market cap of $27.15 billion, a PE ratio of 27.69, a price-to-earnings-growth ratio of 1.58 and a beta of 1.02.

Xylem (NYSE:XYL – Get Free Report) last released its earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.12. Xylem had a net margin of 11.15% and a return on equity of 11.77%. The business had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.34 billion. During the same quarter in the previous year, the business earned $1.26 earnings per share. Xylem’s revenue for the quarter was up 1.5% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. On average, sell-side analysts predict that Xylem Inc. will post 5.67 EPS for the current year.

Xylem Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, August 27th will be paid a dividend of $0.43 per share. The ex-dividend date of this dividend is Thursday, August 27th. This represents a $1.72 annualized dividend and a yield of 1.5%. Xylem’s dividend payout ratio (DPR) is currently 40.95%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on XYL shares. Citigroup reissued a “buy” rating on shares of Xylem in a research note on Wednesday, July 29th. CLSA raised Xylem to a “hold” rating in a research report on Thursday, June 25th. UBS Group lifted their target price on Xylem from $135.00 to $138.00 and gave the stock a “neutral” rating in a report on Thursday, August 13th. Jefferies Financial Group upgraded Xylem from a “hold” rating to a “buy” rating and upped their price target for the company from $130.00 to $140.00 in a research report on Thursday, June 25th. Finally, Robert W. Baird increased their price target on Xylem from $163.00 to $165.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Nine equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $154.23.

View Our Latest Analysis on XYL

Xylem Profile

(Free Report)

Xylem Inc (NYSE: XYL) is a global water technology company that designs, manufactures and services engineered systems and equipment for the transport, treatment, testing and efficient use of water. Its product portfolio spans pumps and pumping systems, valves, filtration and disinfection equipment, sensors and analytical instruments, and digital solutions for monitoring and control of water infrastructure. Xylem serves the full water cycle with offerings for water and wastewater utilities, industrial customers, commercial and residential buildings, and agricultural applications.

The company was established as an independent publicly traded company in 2011 following a corporate spin-off from ITT Corporation and is headquartered in Rye Brook, New York.

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