Insider Selling: Xylem Inc (NYSE:XYL) SVP Sells 5,000 Shares of Stock

Xylem Inc (NYSE:XYL) SVP Kenneth Napolitano sold 5,000 shares of the company’s stock in a transaction on Monday, September 9th. The stock was sold at an average price of $77.49, for a total transaction of $387,450.00. Following the transaction, the senior vice president now owns 46,228 shares of the company’s stock, valued at approximately $3,582,207.72. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Kenneth Napolitano also recently made the following trade(s):

  • On Monday, August 5th, Kenneth Napolitano sold 5,000 shares of Xylem stock. The stock was sold at an average price of $75.23, for a total transaction of $376,150.00.
  • On Monday, July 8th, Kenneth Napolitano sold 5,000 shares of Xylem stock. The shares were sold at an average price of $81.96, for a total transaction of $409,800.00.

Xylem stock traded up $0.94 during midday trading on Wednesday, reaching $79.29. The company’s stock had a trading volume of 957,913 shares, compared to its average volume of 828,338. The firm has a market capitalization of $14.11 billion, a PE ratio of 27.53, a P/E/G ratio of 1.48 and a beta of 1.20. Xylem Inc has a fifty-two week low of $60.65 and a fifty-two week high of $85.39. The stock’s 50 day simple moving average is $77.25 and its 200 day simple moving average is $78.78. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.08 and a current ratio of 1.47.

Xylem (NYSE:XYL) last posted its quarterly earnings results on Thursday, August 1st. The industrial products company reported $0.79 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.79. The business had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.35 billion. Xylem had a net margin of 10.90% and a return on equity of 19.23%. The business’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.73 EPS. Equities analysts predict that Xylem Inc will post 3.17 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 26th. Investors of record on Thursday, August 29th will be paid a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 1.21%. The ex-dividend date is Wednesday, August 28th. Xylem’s dividend payout ratio (DPR) is 33.33%.

A number of research analysts have recently issued reports on the stock. Credit Suisse Group lowered shares of Xylem from an “outperform” rating to a “neutral” rating in a research note on Friday, August 2nd. Cowen downgraded shares of Xylem from an “outperform” rating to a “market perform” rating and reduced their price objective for the company from $75.00 to $72.00 in a research report on Tuesday, May 14th. Finally, ValuEngine downgraded shares of Xylem from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the stock. Xylem currently has a consensus rating of “Hold” and an average price target of $78.83.

A number of hedge funds have recently added to or reduced their stakes in XYL. ETF Managers Group LLC raised its position in Xylem by 7.6% during the first quarter. ETF Managers Group LLC now owns 1,873 shares of the industrial products company’s stock worth $148,000 after acquiring an additional 132 shares during the last quarter. CWM LLC increased its position in Xylem by 19.7% during the 2nd quarter. CWM LLC now owns 807 shares of the industrial products company’s stock worth $67,000 after purchasing an additional 133 shares in the last quarter. Manchester Capital Management LLC increased its position in Xylem by 1.0% during the 1st quarter. Manchester Capital Management LLC now owns 13,863 shares of the industrial products company’s stock worth $1,096,000 after purchasing an additional 140 shares in the last quarter. Huntington National Bank raised its stake in Xylem by 2.2% in the 2nd quarter. Huntington National Bank now owns 6,921 shares of the industrial products company’s stock valued at $579,000 after purchasing an additional 147 shares during the last quarter. Finally, Compagnie Lombard Odier SCmA raised its stake in Xylem by 3.1% in the 2nd quarter. Compagnie Lombard Odier SCmA now owns 5,360 shares of the industrial products company’s stock valued at $448,000 after purchasing an additional 160 shares during the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

About Xylem

Xylem Inc engages in the design, manufacture, and servicing of engineered products and solutions for the water and wastewater applications. It operates in three segments: Water Infrastructure, Applied Water, and Measurement & Control Solutions. The Water Infrastructure segment offers various products, including water and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment under the Flygt, Godwin, Wedeco, Sanitaire, and Leopold names for the transportation and treatment of water.

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Insider Buying and Selling by Quarter for Xylem (NYSE:XYL)

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