Tidal Investments LLC increased its stake in Xylem Inc. (NYSE:XYL – Free Report) by 20.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 65,594 shares of the industrial products company’s stock after acquiring an additional 11,305 shares during the period. Tidal Investments LLC’s holdings in Xylem were worth $7,754,000 as of its most recent SEC filing.
Several other institutional investors also recently bought and sold shares of the stock. AQR Capital Management LLC lifted its position in Xylem by 14.4% in the first quarter. AQR Capital Management LLC now owns 30,955 shares of the industrial products company’s stock valued at $3,645,000 after purchasing an additional 3,900 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of Xylem by 3.3% in the first quarter. NewEdge Advisors LLC now owns 4,151 shares of the industrial products company’s stock worth $496,000 after purchasing an additional 132 shares during the last quarter. Empowered Funds LLC increased its stake in shares of Xylem by 56.1% in the first quarter. Empowered Funds LLC now owns 8,678 shares of the industrial products company’s stock worth $1,037,000 after buying an additional 3,120 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in shares of Xylem by 97.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 11,151 shares of the industrial products company’s stock worth $1,442,000 after buying an additional 5,509 shares during the period. Finally, EverSource Wealth Advisors LLC raised its holdings in Xylem by 114.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,192 shares of the industrial products company’s stock valued at $154,000 after buying an additional 635 shares during the last quarter. 87.96% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
XYL has been the topic of a number of analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Xylem in a research report on Wednesday, August 5th. Jefferies Financial Group increased their target price on shares of Xylem from $145.00 to $150.00 and gave the stock a “buy” rating in a report on Monday, August 24th. Barclays raised their target price on Xylem from $154.00 to $159.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Royal Bank Of Canada upped their price target on Xylem from $159.00 to $164.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Finally, Robert W. Baird upped their price target on Xylem from $163.00 to $165.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Nine research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $155.00.
Xylem Price Performance
Shares of XYL stock opened at $106.99 on Friday. The business’s fifty day moving average is $116.53 and its 200 day moving average is $117.33. 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 stock has a market cap of $24.98 billion, a price-to-earnings ratio of 25.47, a PEG ratio of 1.72 and a beta of 1.00. Xylem Inc. has a twelve month low of $105.29 and a twelve month high of $154.27.
Xylem (NYSE:XYL – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $1.46 EPS for the quarter, beating the consensus estimate of $1.34 by $0.12. Xylem had a return on equity of 11.77% and a net margin of 11.15%.The business had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.34 billion. During the same quarter last year, the firm posted $1.26 earnings per share. The company’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. Research analysts expect that Xylem Inc. will post 5.66 EPS for the current fiscal year.
Xylem Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, August 27th will be given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Thursday, August 27th. Xylem’s dividend payout ratio (DPR) is 40.95%.
Xylem Company Profile
Xylem Inc (NYSE: XYL) is a global water technology company that develops products, services and solutions for the transportation, treatment, testing and efficient use of water and wastewater. Its customers include municipalities, utilities, industrial businesses, commercial facilities and residential users.
The company’s offerings include water and wastewater pumps, controls, treatment systems, filtration and disinfection equipment, smart metering and network technologies, monitoring tools, data analytics and related maintenance services.
Featured Stories
- Five stocks we like better than Xylem
- Rocket Lab Tackles a Supply Chain Bottleneck as the Stock Hunts for a Bottom. Time to Buy?
- Optical Cable Corporation Is Starting to Get the Market’s Attention
- Oil Above $100 Is Creating a New Opportunity Beyond the Major Producers
- Is Nike’s Index Demotion a Warning or a Buying Opportunity?
Want to see what other hedge funds are holding XYL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Xylem Inc. (NYSE:XYL – Free Report).
Receive News & Ratings for Xylem Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xylem and related companies with MarketBeat.com's FREE daily email newsletter.
